Now Available: Vietnam Food & Drink Report Q3 2016

From: Fast Market Research, Inc.
Published: Thu Jul 07 2016

We hold a positive consumer outlook for Vietnamese consumer on the back of favourable demographics, rising affluence and strong economic growth. Rapid urbanisation combined with rising affluence will drive the adoption of modern retail which will significantly boost sales within the food and drink sectors. We believe that Hanoi and Ho Chi Minh City will see the strongest growth in food and drink sales over our forecast period.

Latest Updates & Industry Developments

While food sales are growing from a low base in Vietnam, we forecast rapid growth over the next five years as households quickly climb the income ladder. Combined with a young and sizeable consumer base, we expect strong investment from multinational food and drink companies.

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Beer sales will expand at a rapid pace throughout our forecast period to 2020. Nonetheless, heavy government intervention will limit opportunities for foreign investors. The government's decision to reduce its stake in state-owned brewers Sabeco and Habeco had previously raised strong foreign interest. Nonetheless, the government's willingness to sell stakes to domestic players will limit opportunities.

The organised food retail sector will also experience strong growth. Casino's decision to divest its Big C operations does not affect our positive outlook for the sector, as it rather reflects Casino's strategy to deleverage and refocus on core assets.

The Vietnam Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI'sVietnam Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Vietnam.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for Vietnam to test other views - a key input for successful budgeting and strategic business planning in the Vietnamese food and drink market.
Target business opportunities and risks in Vietnam through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.


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