The Vietnam Coffee Market is estimated to growing during the forecast period By 2022,providing jobs for over 500,000 farmers with income growth. Key players are An Giang Coffee, An Thai, Highlands Coffee,Me Trang, moossy,Phuong Vy, sagocafe,Trung Nguyen,

By 2022, the Vietnam Coffee Market is estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period.Vietnam is the world's second-largest producer and exporter of coffee, after Brazil. Coffee has formed a complete industry chain in Vietnam and is an important part of the Vietnamese economy, providing jobs for over 500,000 farmers with income growth. The coffee trees being planted are mainly Robusta and Arabica coffee beans. Southern Vietnam is humid and hot region, suitable for growing Robusta whereas the northern part is suitable for Arabica. The planting area of coffee beans is expanding substantially in Vietnam, which promotes the processing, sales and export of coffee beans.
Request For Free Sample: https://www.kennethresearch.com/sample-request-10064856
Market Dynamics
Only 10% of the coffee produced in Vietnam is consumed domestically, the rest 90% is intended for exports as raw coffee. The coffee industry is now looking to further increase the output of instant and roasted coffee by 2022.An increasingly busy lifestyle and longer working hours is expected to strengthen appreciation for the convenience of this product type, which should increase the total coffee production and consumption by the end of the forecast period. Moreover, the category should also benefit as manufacturers continue to introduce stronger-tasting products that suit the traditional preferences of Vietnamese consumers. Conversely, the marketis currently looking at a decline in the production of its Robusta beans due to factors like plant diseases, inclement weather, aging trees, and lack of moisture.

Market Segmentation
The Vietnam coffee market is fragmented on the basis of type, processing, and coffee trees.
Type
Fresh
Instant
Plain
Speciality
Processing
Rough Processing
Deep Processing
Coffee Trees
Robusta
Arabica
Geographical Analysis
Vietnam is one of the world's fastest growing coffee markets, trailing only behind Indonesia, Turkey and India. A substantial demand for the cheap Vietnam coffee has been witnessed in the emerging markets of Asia where the consumer is shifting from the traditional beverage, tea. As a result, the Asian markets, where growth is being driven by a surge in innovative coffee products, make up the majority of the Vietnam coffee market share.On the other hand, while Germany, the United States, Italy and Spain are some of the top importers of Vietnamese green coffee beans based on Vietnam's government data, the European nations mostly process the bitter variety and re-export the finished products, making the European market among the slowest coffee markets.
Request For Customization: https://www.kennethresearch.com/customization-request-10064856
Key Players
Coffee processing devices and facilities made in Vietnam are sold to the domestic and foreign markets across the globe. While Nestl remains the leading company in coffee in terms of retail volume sales, there are other prominent coffee brands recognized by consumers such as An Giang Coffee, An Thai, Highlands Coffee,Me Trang, MOOSSY,Phuong Vy, SAGOCAFE,Trung Nguyen, and Vinacafe.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
Read More: https://www.kennethresearch.com/report-details/vietnam-coffee-market/10064856

About us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulationKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

This release was published on openPR.