Press release
Vietnam Foodstuff Distribution Market Booming At CAGR Of 9.8% Between 2016-2021
The market is driven by the rising consumption of processed food coupled with the burgeoning upsurge in the modern grocery retail sector.
Foodstuff Distribution Market has been growing at a moderate rate over the last five years on account of increasing per capita consumption of food, increasing penetration of modern grocery retail outlets, rising youth population, rapid augmentation in the production capacity of the local food processors, etc. During 2016-21, Foodstuff distribution in Vietnam is anticipated to grow at an increased rate on the heels of surging production coupled with augmenting imports of a varied range of food products. Moreover, escalating demand from various end use sectors such as hotels, businesses, etc. has been propelling the growth in the foodstuff distribution market in the country.
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According to Azoth Analytics research report, “Vietnam Foodstuff Distribution Industry (By End-User, By Format, By Segment): An Analysis (2016-2021) - (By Distribution Format– Supermarket, Hypermarket, Convenience Stores and Traditional Market; By End User- Full Service, Café and Bars and Fast Food Chain; By Catering-Schools, Hospitals and Industries; Entry Routes in Vietnam Food Distribution Market; Key Players – Strategy, Financial Performance)”, Vietnam Foodstuff Distribution Market is projected to exhibit a CAGR of around 9.8% during 2016 - 2021.
Few of the companies operating in Vietnam Foodstuff Distribution Market are VISSAN JSC, Masan Group, Vinamilk, CJ Freshway, etc.
Scope of the Report
The report provides coverage by Segment
Meat and Poultry
Grains & Seeds
Dairy
Sea Food
Wine & Beer
Fruits & Processed Vegetables
The report provides Segmentation by Distribution Format
Supermarket
Hypermarket
Convenience Stores
Traditional Market
The report provides Coverage by End User
Full Service
Café and Bars
Fast Food Chain
The report provides coverage by Catering
Schools
Hospitals
Industries
Why You Should Buy This Report?
To gain an in-depth understanding of Vietnam Foodstuff Distribution Market as the report has been created through primary research (interviews with key experts from the industry) and secondary research (associations, company publications, premier databases).
To identify the on-going trends and anticipated growth in the next five years
To help industry consultants, foodstuff distributors, suppliers and manufacturers align their market-centric strategies
To gain competitive knowledge of leading players
To avail limited customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs.
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