Suntory PepsiCo Vietnam Beverage MMA Global


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The COVID-19 pandemic has hit the beer industry in Vietnam hard. As the sales of this beverage rely heavily on out-of-home consumption, the revenue of the beer market has suffered during the.


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Kantar Vietnam is pleased to introduce our report: "Vietnam's Beverage Consumption 2022: 5 highlights and 7 demand segmentations in Vietnamese consumers' drinking habits to reveal the findings from our Vietnam Drink Usage Study 2022.In this study, we tracked the beverage purchase and consumption behaviours of 3,500 people in urban and rural areas, including over 70,000 drinking occasions, both.


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Vietnam's beverage market overview . Vietnam's beverage industry is rapidly expanding, aided by economic growth, advantageous demographics, rising tourism and higher middle-class income. With an annual growth rate of 6%, the sector is a major driver of Vietnam's economy, with the highest production value and the 2nd highest total revenue..


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Market overview of Vietnam Food and Beverage Industry . Vietnam has become one of the most attractive and dynamic food and beverage (F&B) markets globally in 2019, ranking top 10 in Asia (IBM, 2019). Before 2020, Vietnam's food and beverage industry continuously grew, and its market would be full of potential. In 2020, despite the ravage of.


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The two most popular ways to drink local coffee are cà phê sữa đá (iced coffee with condensed milk) or cà phê đá (iced black coffee). Note that unless you specifically request "không đường" (no sugar) or "ít đường" (a little sugar), the black version will come with four or five teaspoons.


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2. Coffee - the most popular Vietnamese Drinks. Thanks to the favorable lands and climate conditions of a tropical country, Vietnam has emerged as the second largest coffee-producing and exporting country in the world. Walking in the streets throughout the country, visitors will quickly find out how local people love coffee.


Overview and prospect of Vietnam's beverage market in 2022

Vietnamese consumers are familiar with the brand: Saigon Beer ( or Bia Saigon) of Saigon Beer-Alcohol-Beverage Corporation (Sabeco). Throughout nearly 150 years of accompanying the changes in Vietnam's land and its people, the yellow beer bubbles flow has continuously kept up the future way, always made Vietnamese proud of their products.


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Invented in Taichung, Taiwan in the 1980's, bubble tea is a tea-based beverage that is shaken or mixed with fruit or milk. It is combined with tapioca balls, also known as bubbles, pearls, or boba, so the drink is also often referred to as boba milk tea, boba tea, tapioca tea, pearl tea or bubble drink.. Over the decades, a wide range of ingredients has been included in the production, which.


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Vietnamese iced coffee is a drink that combines strong coffee, condensed milk, and ice. It is traditionally made with medium or coarse ground Vietnamese-grown coffee, typically the Robusta variety, which is brewed using a drip phinREAD MORE. 3. Alcoholic Beverage.


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The Vietnam beverages market size was valued at 7.40 billion liters (BL) in Q3 2023. The Vietnam beverages market research report has recorded essential data on key products, their categories, and their consumption volume in the country for Q3 2023. Furthermore, the report precisely lists new product launches and highlights the latest beverage industry performance and developments every quarter.


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In Q1/2021, beer production output decreased by 15% qoq but increased by 12.1% yoy. The "giant" in the beer industry, Sabeco, which is famous for the familiar Saigon beer brand, accounts for nearly 40% of the market share. Followed by VBL with 33.5% and Habeco with 10.9%. Spirits production grew 14% qoq and 19% yoy.


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Vietnam's beverage industry has the opportunity to export to international markets With 15 Free Trade Agreements signed, the latest is the Regional Comprehensive Economic Partnership (RCEP) which took effect from January 1, 2022, has been providing effective support to trade activities. Vietnam's trade with many large markets.


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The beverage industry in Vietnam is growing at a rapid pace, thanks to a large and expanding consumer market with rising disposable incomes. With a population of over 98 million, Vietnam offers a diverse range of beverage products, including beer, soft drinks, bottled water, fruit juice, and dairy beverages.


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A glance at Vietnam's beverage industry. According to BMI, Vietnam food and beverage market was one of the most attractive markets globally (ranked 10th in Asia) in 2019. Total sales of food and beverage reached 975,867 billion VND (+ 3.8% YoY) in 2020. The contribution of the food and beverage industry to GDP is about 15.8%.


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The Vietnamese beverage market has grown again after the Covid-19 pandemic. The forecast for beverage sales growth in the period 2022-2024 ranges from 4.3% to 4.8% when the economy returns to normal. The prospect of Vietnam's beverage market is considered to be rich in potential in many small segments.


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SPVB is one of the leading beverage companies in Vietnam, offering a wide range of locally loved products such as Sting, Lipton, Pepsi, TEA+ Oolong Tea and 7Up. According to the financial statements for the last three years, Suntory PepsiCo's revenue increased by 10% from 748.6 million USD in 2018 to 820 million USD in 2020.

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