However, the number of products introduced is expected to rise, as more leading packaged food companies aim to capitalize on the health and wellness trend over the forecast period 2019-2024. A Euromonitor report said that the food delivery market in Vietnam was worth about $33 million in 2018 and is expected to top $38 million by 2020. Key Drivers in the Asian Beverage Market. To strategically profile the leading players, which are involved in providing Food Services in Vietnam. Vol. Upcoming Events. This positive trend will also continue over 2017-22, but is expected to slow down slightly, with the CAGR in this period reaching 9%. Fi Europe CONNECT Virtual Event 23 Nov - 04 Dec 2020. That’s over 100 million visits per month in Vietnam’s three primary cities alone. We gaze into the crystal ball to get a glimpse of what food lovers can expect in the New Year. David Sax talks about what makes a food trend stick. THP has released its fifth Flavour & Trend Forecast for 2020 – an annual report highlighting the latest ingredients, cooking techniques and culinary ideas driving innovation and disruption within the food and beverage industry.. For 2020, THP’s culinary team have identified 10 key global trends, many with a focus on sustainability and conscious consumerism. BUBLE TEA – OFFICE EMPLOYEES AND YOUNG GENERATIONS’ FAVORITE DRINK. Cimigo, a leader in marketing research will share the major trends impacting the Vietnamese consumer and their purchase priorities. The food and beverage sector in Vietnam has shown strong growth in the last decade, driven by not only foreign brands, but also local brands. Pho generally comes as Beef (Pho Bo) or chicken (Pho Ga) served in coinciding broth over flat rice noodles and flavourings of herbs. What Makes a Food Trend. Urban and rural individual consumption, Vietnam 1998 and 2002..... 12 Table 9. Vietnam’s yogurt market reported a healthy growth rate of 12% over 2012-16. In the last few years, numerous foreign brands have invested heavily in the market and are predicted to continue to do so, largely driven by rapid urbanization, increased spending, and growth of the middle-class population. Some of the major players operating in the Vietnam Food Services market are Yum! Click here to download the brochure. Explosion of natural-origin and environmentally friendly products. It predicts that this trend will gradually become a habit. Vietnam’s consumer market has always been attractive due to supportive demographics, economic growth and high urbanization rate, stated VDSC’s report. Despite having read the reports and digested … Vietnam Food Delivery Trend 2020 The food delivery app has enhanced the convenience of the lifestyle and also help Vietnamese to stay home to protect themselves from Covid-19. Competitive Landscape. Following trends discuss some of the latest trends in Vietnam and show the importance of conducting proper research to understand the market in the country. To evaluate trends in the Vietnam Food Services market. The Power of Building Trends into Your Brands… Senior Healthy Marketing Consultant, Sam Waterfall reports from Vietnam and shares 3 lessons we can all learn from this burgeoning economy. Viet Dragon Securities Company (VDSC) listed three major trends in the Vietnam consumer market until 2030, adding the country’s rapid economic growth is expected to create huge opportunities for companies adaptable to market changes. Keep abreast of the consumer trends impacting your business. In this episode of Food Trends, we explore the growing relationship between travelling and the love for food. started popping up everywhere. Discover more News & Updates. HMT White Paper – originally published in Agro Food Industry. In May 2010 The Healthy Marketing Team were in Ho Chi Minh City, Vietnam. Current Market Trend 2018 and 2019. Besides these, many franchises … • Food sensitivities also are influencing food preferences. Vietnam Food Delivery Trend 2020 Digital marketer landscape in Vietnam (2020) Vietnam mobile app popularity 2020 Vietnam macro market trend (Q3, 2020) Vietnam EC trend 2020 ABOUT US Q&Me is the Vietnam market research service that provides the superb Vietnam consumer trend and insight for your business success in Vietnam. According to the latest report by IMARC Group, titled “Vietnam Online Food Delivery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Vietnam online food delivery market grew at a CAGR of 38% during 2014-2019. Vietnam Food & Beverage Reports: Our 2020 Vietnam report include trends, statistics, opportunities, sales data, market share, segmentation projections on the Food & Beverage market. The middle class, which now accounts for about 13% of its population, is also expected to grow to about 26% by 20269. Vietnam’s trends in yogurt: healthy interestingly. This Handbook provides step-by … Skip to main content . • Four macroenvironmental trends are contributing to an increased focus on health and wellness: an aging global population; rising chronic-disease rates; a rise in self-care, treatment and prevention; and increasingly educated and connected consumers. Research and survey results show that there would be three main trends emerging in Vietnam food & beverage industry in the period of 2019-2020. Vietnam Food Sweetener Market - Growth, Trends and Forecast (2020 - 2025) Vietnam Food Sweetener Market is segmented by Type into Sucrose, Starch Sweeteners and Sugar Alcohols and High Intensity Sweeteners; by Application into Dairy, Bakery, Beverages, Soups, Sauces and Dressings, Confectionery and Others. 9 | Page Vietnam – Market Entry Handbook 1 The Food and Beverage Market Entry Handbook: Vietnam This Handbook is intended to act as a reference for those agri-food producers planning for, or in the process of entering, the Vietnamese market. n.3, 2011. Share by . Trends in food purchasing rate between 1993 and 2002..... 14 Table 10. Trends in food consumption, Vietnam, 93-02..... 9 Table 8. RTE healthy food Key Trend • The high innovation and improvement in Thailand can be proven by the example of RTE healthy meal which is not yet available in Indoneisa & Vietnam • For Indonesia, Healthy Snack bar is getting popular, while RTD healthy functional drink is on trend in Vietnam Q8. Food ingredients Vietnam is the only dedicated food and beverage ingredients exhibition in Vietnam. 5 Food Trends to Look for 2019. Since 2017, bubble tea has become a popular trend in Vietnam, where famous brands such as R&B, Koi, Sharetea, Gongcha, Heecka, etc. 2017 was a good year for modern trade development in general and H&S in particular in Vietnam. Looking forward, IMARC Group expects the market to exhibit double-digit growth during the forecast period 2020-2025. Food Trend in Vietnam. Vietnam is in an increasingly promising economic position with the fastest projected economic growth in Asia maintaining a 6-7% annual GDP growth over the past 10 years. Decision Lab’s Foodservice Monitoring Tool, which provides accurate in-depth data on trends in the restaurant industry as well as on current consumer habits, shows that there were 340 million out-of-home (OOH) visits in the second quarter of 2016. Cimigo will explore the constraints and opportunities in 2019 for the $240 billion dollar economy. page 1 This survey was made in order to understand the latest trend of the delivery service as well as the popularity of delivery apps in end of 2020. RosieNg Schooling November 28, 2018 November 29, 2018 1 Minute. Date Submitted : July 18, 2019. The next potential trend is the accelerating growth of hypermarkets and supermarkets (H&S). Currently, organic packaged food is limited in Vietnam, with sales restricted to a handful of categories such as baby food and snacks. Similar to the general trend in many parts of the world, organic food is gaining its popularity in Vietnam. Vietnam’s shifting and dynamic environment is reflected in a young population, changing consumer attitudes, greater mobility, growing wealth, and urbanisation which are all encouraginga period of change in the country. Backed by a solid proven track record of success of Food&HotelVietnam staged in Ho Chi Minh City, Food&HotelHanoi has been launched to offer a direct route for international exporters and suppliers to the Northern Vietnam’s burgeoning food and hospitality industries. This statistic displays the packaged food and drink sales value in Vietnam in 2010, 2015 and a forecast for 2020. Discover the latest market trends and uncover sources of future market growth for the Consumer Health industry in Vietnam with research from Euromonitor's team of in-country analysts. Slightly bizarre but truly unique. Vietnamese food is full of simplicity, subtle variations by region and fresh ingredients that keep us pulling up a plastic stool for more. Vegetables, roots and meats produced by this method have been stocked on a number of shelves in the supermarket chains and food stores in Ho Chi Minh City and Hanoi. 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