The Vietnam beverage market size reached around USD 15.51 Billion in 2024. The market is projected to grow at a CAGR of 4.70% between 2025 and 2034 to reach nearly USD 24.55 Billion by 2034. The market growth can be attributed to the rapid growth of online distribution channels and the introduction of unique flavours of beverage products. The rising consumer appeal for craft beers and the adoption of sustainable packaging solutions are further propelling the market development.

The Vietnamese soft drink market rose to $6.6B in 2024, picking up by 1.7% against the previous year. Overall, the total consumption indicated modest growth from 2012 to 2024: its value increased at an average annual rate of +1.7% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.6% against 2022 indices.

The Vietnam Energy Drinks Market Report & It is Segmented by Packaging Type (Bottles, and Cans), and Distribution Channels (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online Retail Stores, and Other Distribution Channels). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Vietnam beverage packaging market size is projected to exhibit a growth rate (CAGR) of 4.32% during 2025-2033. The rising demand for various packaging types, including metal cans, plastic bottles, boxes, and cartons, which not only protect the product but also establish an emotional connection with consumers and convey clear product information, is primarily driving the market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Growth Rate (2025-2033)	4.32%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on material, product, and application.

In 2023, the food and beverage sector in Vietnam recorded a total revenue of over 590.9 trillion Vietnamese dong, indicating an increase from the year before. During that year, full-service restaurants accounted for the largest revenue share among all food service establishment types in this sector.

The Vietnamese beverage manufacturing press market surged to $2.2M in 2023, growing by 295% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed strong growth. Over the period under review, the market attained the peak level at $4.2M in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

The Vietnam Plastic Bottles Market Report is Segmented by Resin (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), and Other Resins) and by End-Use Industries (Food, Beverage (Bottled Water, Carbonated Soft Drinks, Alcoholic Beverages, Juices and Energy Drinks and Other Beverages (Powdered and Dairy-Based Beverages), Pharmaceuticals, Personal Care and Toiletries, Household Chemicals, Paints and Coatings, and Other End-Use Industries). The Market Sizes and Forecasts are Provided in Terms of Value (USD) and Volume (Tonnes) for all the Above Segments.

The Vietnamese beverage filter market shrank to $2M in 2023, which is down by -11% against the previous year. In general, consumption saw a abrupt curtailment. As a result, consumption attained the peak level of $8.2M. From 2014 to 2023, the growth of the market remained at a lower figure.

The Vietnam Liquid Sugar Market is projected to grow at a CAGR of 4.20% from 2025 to 2032, with an estimated market value of USD 2.3 billion by 2032. Explore key trends and growth drivers.

The Vietnam Metal Packaging Market is Segmented By Product Type (Cans (Aluminum and Steel), Barrels & Drums, Caps & Closures) and End-user (Food, Beverages (Alcoholic and Non-alcoholic), Industrial, and Personal Care). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Vietnam Ready-to-Drink (RTD) Tea market is valued at USD 350 million, based on a five-year historical analysis. The market’s growth is primarily driven by rising consumer demand for convenient and healthier beverage alternatives.

The Vietnamese market for spirits, liqueurs and other spirituous beverages amounted to $416M in 2024, with an increase of 6.6% against the previous year. In general, the total consumption indicated a tangible expansion from 2012 to 2024: its value increased at an average annual rate of +3.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

The Vietnam Food Additives Market Report is Segmented by Type (Preservatives, Sweeteners, Sugar Substitutes, Emulsifier, Anti-Caking Agents, Enzymes, Hydrocolloids, Food Flavors and Enhancers, Food Colorants, and Acidulants) and Application (Dairy & Frozen, Bakery, Meat & Seafood, Beverages, Confectionery, and Other Applications). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

The Asia-Pacific Sports Drinks Market is segmented by Soft Drink Type (Electrolyte-Enhanced Water, Hypertonic, Hypotonic, Isotonic, Protein-based Sport Drinks), by Packaging Type (Aseptic packages, Metal Can, PET Bottles), by Sub Distribution Channel (Convenience Stores, Online Retail, Specialty Stores, Supermarket/Hypermarket, Others) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, South Korea, Thailand, Vietnam). Market Value in USD and Volume in Liters are both presented. Key data points observed include market segmental split by soft drink category, packaging type, distribution channel, and region

Market Overview:

Vietnam food preservatives market size is projected to exhibit a growth rate (CAGR) of 4.50% during 2024-2032. The market is being driven by several significant factors, including the increasing desire for processed and packaged food items, heightened consumer consciousness regarding food safety, widespread product adoption to mitigate food wastage, and the surging trend of online grocery shopping.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	4.50%

Food preservatives are substances incorporated into food items to extend their shelf life by impeding the growth of microorganisms and oxidation. This category encompasses various ingredients, including but not limited to salt, vinegar, rosemary extract, sorbates, and benzoates. Food preservatives are widely employed in an array of food categories, such as canned foods, dairy items, baked goods, processed meats, beverages, fruits, and vegetables, among others. Their primary functions encompass enhancing food safety by preventing spoilage, retaining nutritional value, and augmenting flavor. Furthermore, the utilization of food preservatives contributes significantly to waste reduction, as it elongates the period during which food products remain suitable for consumption.

Vietnam Food Preservatives Market Trends:

In Vietnam, the food preservatives market is witnessing substantial growth, driven by several notable factors. A significant contributor to this growth is the widespread adoption of food preservatives as a means to reduce food wastage and promote sustainability. Consumers and the food industry alike recognize the importance of prolonging the shelf life of food products to mitigate waste, and this is driving the market. The rising trend of online grocery shopping is another factor bolstering market growth. As online grocery deliveries often involve longer transit times, the demand for products with effective preservatives has increased, favoring the market. Additionally, the increasing disposable income of consumers in Vietnam is playing a pivotal role. With higher spending capacity, consumers are willing to invest in high-quality preserved foods, supporting the market's expansion. Furthermore, the growing emphasis on healthier eating habits has led to an uptick in the demand for natural preservatives like ascorbic acid and tocopherol. This aligns with the broader trend of seeking natural and healthier food options. Government policies mandating the use of approved preservatives in food products are further strengthening the market. Such regulations encourage companies to reformulate their products with safe and effective preservatives. Lastly, the market benefits from ongoing innovations in preservation technology, including controlled release and nanotechnology, which contribute to the development of more efficient and advanced preservatives. These factors will collectively propel the growth of the food preservatives market in Vietnam over the forecasted period.

Vietnam Food Preservatives Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, function, and application.

Type Insights:

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• Natural
  • Edible Oil
  • Rosemary Extracts
  • Natamycin
  • Vinegar
  • Others
• Synthetic
  • Propionates
  • Sorbates
  • Benzoates
  • Others
    

The report has provided a detailed breakup and analysis of the market based on the type. This includes natural (edible oil, rosemary extracts, natamycin, vinegar, and others) and synthetic (propionates, sorbates, benzoates, and others).

Function Insights:

• Anti-Microbial
• Anti-Oxidant
• Others
  

A detailed breakup and analysis of the market based on the function have also been provided in the report. This includes anti-microbial, anti-oxidant, and others.

Application Insights:

• Meat and Poultry
• Bakery
• Dairy
• Beverages
• Snacks
• Others
  

The report has provided a detailed breakup and analysis of the market based on the application. This includes meat and poultry, bakery, dairy, beverages, snacks, and others.

Regional Insights:

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• Northern Vietnam
• Central Vietnam
• Southern Vietnam
  

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Food Preservatives Market Report Coverage:

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Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Type Function Application Region
Types Covered	Natural: Edible Oil, Rosemary Extracts, Natamycin, Vinegar, Others Synthetic: Propionates, Sorbates, Benzoates, Others
Functions Covered	Anti-Microbial, Anti-Oxidant, Others
Applications Covered	Meat and Poultry, Bakery, Dairy, Beverages, Snacks, Others
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam

Top Growth Opportunities for Hot Drinks in Vietnam provides recommended actions and detailed analysis of how to target the best growth opportunities for Hot Drinks producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Hot Drinks markets in Vietnam through GlobalData’s detailed and robust data, expert insight, and case studies. Read More

The Asia-Pacific Energy Drinks Market is segmented by Soft Drink Type (Energy Shots, Natural/Organic Energy Drinks, Sugar-free or Low-calories Energy Drinks, Traditional Energy Drinks), by Packaging Type (Glass Bottles, Metal Can, PET Bottles), by Distribution Channel (Off-trade, On-trade) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, South Korea, Thailand, Vietnam). Market Value in USD and Volume in Liters are both presented. Key data points observed include market segmental split by soft drink category, packaging type, distribution channel, and region

Market Overview:

Vietnam palm oil market size is projected to exhibit a growth rate (CAGR) of 5.20% during 2024-2032. The growing shift in dietary preferences towards processed foods, increasing adoption of sustainable land-use practices, which include commitments to zero deforestation and no expansion on high conservation value, and rising consumption of quick snacks represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	5.20%

Palm oil is a versatile and widely adopted vegetable oil that is manufactured from the fruit of oil palm trees. It comprises crude palm oil (CPO), which is the unprocessed form of palm oil and is typically red or orange due to its high carotenoid content. It also consists of refined, bleached, and deodorized palm oil, which is the result of processing CPO to remove impurities, odor, and color. It contains palmitic acid, oleic acid, linoleic acid, and stearic acid, along with carotenoids, which are beta-carotene and alpha-carotene. Palm oil also contains tocopherols, including vitamin E compounds, which have antioxidant properties and help protect the oil from oxidation. It has small amounts of vitamin K, which helps in maintaining bone health. It is a significant economic driver as it provides employment opportunities and contributes to revenues through exports. It retains its neutral taste and texture-enhancing properties in extreme temperatures, making it a versatile ingredient in the food and beverage (F&B) industry. It is a key ingredient in various food products, such as margarine, baked goods, and snacks. It is highly stable at high temperatures, making it suitable for frying and deep-frying applications. It is also used in the production of cooking oils, spreads, and convenience foods.

Vietnam Palm Oil Market Trends:

At present, the increasing demand for sustainable and certified palm oil products, driven by heightened environmental and social concerns, represents one of the crucial factors impelling the growth of the market in Vietnam. Besides this, there is a rise in the shift in dietary preferences towards processed foods, which often contain palm oil as an ingredient due to its versatility and affordability. This evolving consumer preference is driving the adoption of palm oil in the production of numerous products, such as fried snacks and baked goods. In addition, the growing utilization of palm oil in the manufacturing of various cosmetic, personal care, and skincare products, such as soaps, shampoos, lotions, and creams, due to its moisturizing and qualities, is offering a favorable market outlook. Apart from this, the increasing application of palm oil in the production of biofuel is supporting the market growth in the country. Additionally, key market players are focusing on expanding palm tree plantations and adopting sustainable land-use practices, which include commitments to zero deforestation and no expansion on high conservation value and high carbon stock areas. Moreover, the increasing employment of palm oil in the production of detergents, candles, and lubricants, which are used in industrial setups, is bolstering the market growth.

Vietnam Palm Oil Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on application.

Application Insights:

https://www.imarcgroup.com/CKEditor/13901ca8-a4f2-48cd-af4b-1841f67b2051vietnam-palm-oil-market-sagment.webp" style="height:450px; width:800px" />

• Household Cooking
• Food and Beverages
• Oleo Chemicals
• Personal Care
• Animal Feed
• Bio-Fuel
  

The report has provided a detailed breakup and analysis of the market based on the application. This includes household cooking, food and beverages, oleo chemicals, personal care, animal feed, and bio-fuel.

Regional Insights:

https://www.imarcgroup.com/CKEditor/7fa72ad6-1615-4201-a8a6-dddd9905730fvietnam-palm-oil-market-regional.webp" style="height:450px; width:800px" />

• Northern Vietnam
• Central Vietnam
• Southern Vietnam
  

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Palm Oil Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Application Region
Applications Covered	Household Cooking, Food and Beverages, Oleo Chemicals, Personal Care, Animal Feed, Bio-Fuel
Regions Covered	Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

• How has the Vietnam palm oil market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Vietnam palm oil market?
• What is the breakup of the Vietnam palm oil market on the basis of application?
• What are the various stages in the value chain of the Vietnam palm oil market?
• What are the key driving factors and challenges in the Vietnam palm oil?
• What is the structure of the Vietnam palm oil market and who are the key players?
• What is the degree of competition in the Vietnam palm oil market?

Key Benefits for Stakeholders:

• IMARC’s industry report

The Vietnam Foodservice Market is segmented by Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), by Outlet (Chained Outlets, Independent Outlets) and by Location (Leisure, Lodging, Retail, Standalone, Travel). Market Value in USD is presented. Key data points observed include the number of outlets for each foodservice channel; and, average order value in USD by foodservice channel.

Vietnam honey market size is projected to exhibit a growth rate (CAGR) of 7.26% during 2024-2032. The heightened awareness regarding the health benefits of honey, rising popularity of natural and organic products, imposition of various government policies, easy availability of diverse floral sources, and presence of favorable climate conditions in Vietnam represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	7.26%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, application, and distribution channel.