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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.
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Unlock data-backed intelligence on Vietnam Food & Beverage Market, size at USD 24.8 billion in 2023, showcasing demand trends and strategic insights.
In 2023, the food and beverage sector in Vietnam recorded a total revenue of over ***** 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.
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Vietnam Food and Beverages Market size is forecast to grow grow at a strong CAGR of 6.5% between 2025 and 2032.
This statistic shows the revenue of the industry “manufacture of beverages“ in Vietnam from 2012 to 2018, with a forecast to 2024. It is projected that the revenue of manufacture of beverages in Vietnam will amount to approximately ******* million U.S. Dollars by 2024.
The revenue in the food & beverage service activities segment of the accommodation, restaurants & nightlife market in Vietnam was forecast to continuously decrease between 2023 and 2024 by in total *** million U.S. dollars (-0.04 percent). The revenue is estimated to amount to *** billion U.S. dollars in 2024.Find further information concerning the revenue in the food & beverage service activities segment of the accommodation, restaurants & nightlife market by looking at other countries, such as Sweden and Malta.
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The Vietnam Energy Drinks Market is Segmented by Product Type (Energy Shots, Natural/Organic Energy Drinks, and More), Packaging Type (PET Bottles, Metal Cans, Glass Bottles), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers, Others), and Geography (Vietnam). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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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.
Significant fluctuations are estimated for all segments over the forecast period for the combined volume. Only for the segment Spirits, a significant increase can be observed over the forecast period. Here, the combined volume exhibits a difference of ******** thousand litres between 2025 and 2029. Find further statistics on other topics such as a comparison of the average revenue per capita in Ireland and a comparison of the volume in Japan. The Statista Market Insights cover a broad range of additional markets.
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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 the third quarter of 2023, Vietnam's urban area recorded a beverage market YoY growth of **** percent. In comparison, the rural beverage market in the country saw a slightly slower growth rate. That year, the total FMCG value in rural Vietnam also grew much faster than that in the urban area.
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Vietnam Ready-to-Drink (RTD) Coffee Beverage Market growth is driven by increasing consumer demand for convenience, innovation in functional beverages, and the rising trend of specialty coffee consumption.
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Forecast: Alcoholic Beverages Market Size Volume in Vietnam 2024 - 2028 Discover more data with ReportLinker!
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The Vietnam Carbonated Drinks Market size is USD 1 billion in 2023, with strategic insights, demand forecast, and future trends driving growth opportunities. Explore key players and market dynamics for investor insights.
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Forecast: Alcoholic Beverages Market Size Volume Per Capita in Vietnam 2024 - 2028 Discover more data with ReportLinker!
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The Vietnam Alcoholic Beverages market is valued at USD 7 billion based on a five-year historical analysis.
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The Vietnamese beverage manufacturing press market reduced markedly to $2.3M in 2024, which is down by -37.1% 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). Overall, consumption, however, enjoyed a buoyant increase.
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Forecast: Distilled Alcoholic Beverages Market Size Volume in Vietnam 2022 - 2026 Discover more data with ReportLinker!
This statistic illustrates the market size of soft drinks in Vietnam from 2010 to 2014. In 2013, the Vietnamese soft drink market size was valued at about 34.24 trillion Vietnamese dong, up from 16.17 trillion Vietnamese dong in 2010.
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Forecast: Distilled Alcoholic Beverages Market Size Volume Per Capita in Vietnam 2024 - 2028 Discover more data with ReportLinker!
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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.