Dublin, Jan. 20, 2025 (GLOBE NEWSWIRE) -- The "Vietnam Meat - Market Assessment and Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering.
The Vietnamese meat sector is expected to grow from VND 251.2 trillion ($10.6 billion) in 2023 to VND302.4 trillion ($11.9 billion) by 2028, growing at a CAGR of 3.8%.
In terms of volume, the sector is expected to grow from 1.97 billion kg in 2023 to 2 billion kg by 2028, growing at a CAGR of 0.4%. Fresh meat (counter) remains the leading category in both value and volume, while chilled raw packaged meat - processed is forecasted to achieve the fastest value growth, followed by frozen meat and ambient meat.
Among distribution channels, food and drink specialists was the largest distribution channel. Key players driving the market include Danish Crown Foods, Vissan Co. and St. Helen's Meat Packers Limited.
Report Scope
- Per capita consumption of meat in the Vietnam was higher than regional and global levels in 2023.
- The per capita consumption of fresh meat (counter) was higher in the Vietnam compared to other meat categories in 2023
- Food & drinks specialists was the leading distribution channel in the Vietnamese meat sector, with a value share of 73.7% in 2023
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Company Coverage:
- Danish Crown Foods
- Vissan Co Ltd
- St. Helen's Meat Packers
- Charoen Pokphand Group
- HaLong Canned food JSC
Key Topics Covered:
- Executive Summary
- Market Environment
- Value and Volume Share of Vietnam in the Global and Asia-Pacific Markets
- Growth Analysis of Vietnam Compared to Other Leading Countries in the Asia-Pacific Market
- PCC and PCE of Vietnam Compared to the Global and Asia-Pacific Markets
- Sector Deep Dive
- Vietnam Meat Sector Snapshot
- Market Size Analysis
- Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
- Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
- Category Deep Dive
- Per Capita Consumption Analysis by Category
- Market Size Analysis - Category: Ambient Meat
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Processed
- Market Size Analysis - Category: Chilled Raw Packaged Meat - Whole Cuts
- Market Size Analysis - Category: Cooked Meats - Counter
- Market Size Analysis - Category: Cooked Meats - Packaged
- Market Size Analysis - Category: Fresh Meat (Counter)
- Market Size Analysis - Category: Frozen Meat
- Distribution Analysis
- Channel Share Analysis
- Competitive Environment
- Leading Companies - Value and Volume Shares
- Brand Share Analysis of Top Five Companies by Category
- Private Label Share Analysis by Category
- Growth of Private Labels Compared to Branded Products
- Degree of Consolidation/Fragmentation by Category
- Macroeconomic Analysis
- GDP Growth and Inflation
- Population Growth
- Labor Market Trend
- Economic Summary, Labor Market Trends, and Demographic Trends
- Vietnam Risk Index (GCRI) 2024
- Vietnam Risk Analysis - Compared to Global and Asia-Pacific Markets
For more information about this report visit https://www.researchandmarkets.com/r/wjnimd
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