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Vietnam Coffee Market Volume Reaches 36.51 Million 60-Kilogram Bags in 2023; Expected to Transform the Beverage Sector

08-14-2024 12:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

Vietnam Coffee Market

Vietnam Coffee Market

Anticipated Growth in Revenue:

Vietnam Coffee Market size is volume at 36.51 million 60 kilograms in 2023. Coffee will encourage a great deal of transformation in Beverage Sector in Vietnam.

Vietnam Coffee Market Overview:

Coffee is a brewed beverage made from roasted coffee beans, which are the fruit seeds of certain types of coffee. Grains are separated from the coffee berries to obtain a stable raw product, unroasted green coffee. The seeds are then roasted into a consumable product. Vietnam coffee market report by Stellar Market Research is analysed and studied considering the segment analysis based on the source, type, process and geography.

In Vietnam, Busy lifestyles and long hours fuel convenient packaging formats for coffee, and consumers have begun to switch from freshly ground coffee to instant coffee blends. Vietnam has recorded a constant consumption of soluble coffee per capita in Millennials compared to other Asian countries and shows constant Vietnam coffee market growth.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Vietnam-Coffee-Market/125

What are Vietnam Coffee Market Dynamics?

Only 10% of the coffee produced in Vietnam is consumed domestically and the remaining 90% is used as green coffee for export. An increasingly busy lifestyle and long working hours are expected to increase the appreciation for the convenience of this type of product and increase overall coffee production and consumption. Manufacturers continue to bring more flavourful products to the Vietnam coffee market that meet the traditional tastes of Vietnamese consumers.



With an increasingly busy lifestyle and long working hours, Coffee will be further appreciated and more consumers will switch from freshly ground coffee or instant standard coffee to instant coffee blends. Manufacturers continue to bring more flavourful products, Vietnamese coffee drinkers prefer roasted and ground coffee because it is full-bodied and has an original flavor.



Increase in the cafe culture of the younger generation, followed by an increase in disposable income, an increase in innovative packaging, an increase in urbanization, an increase in demand for coffee. E-commerce retail sales, reduced soda consumption, increased employee demographics, the rise of the hospitality industry, the rise of changing labor culture in the corporate industry, improving living standards. These factors are driving the growth of the Vietnam coffee market.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/North-America-Mattress-Market/964

What is Vietnam Coffee Market Regional Insight?

The qualitative and quantitative data provided in the Vietnam Coffee market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Vietnam Coffee market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the market.



The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Vietnam Coffee market. The report also analyses if the Vietnam Coffee market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

What is Vietnam Coffee Market Segmentation?

By Source

Arabica
Robusta
By Type

Instant Coffee
Ground Coffee
Whole Grain
Others
By Process

Caffeinated
Decaffeinated

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/Vietnam-Coffee-Market/125

Some of the current players in the Vietnam Coffee Market are:

Nestle
Bien Hoa Vinacafe Joint Stock Company
Len's Coffee LLC
Starbucks Coffee Company
Phuc Long Trading Production Company Limited
Anni Coffee
Highlands Coffee

Key Offerings:

Past Market Size and Competitive Landscape
Vietnam Coffee Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Vietnam Coffee Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

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Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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