Expected to see substantial growth, the Vietnam carbonated soft drinks market is anticipated to move from USD 1,611.8 million in 2023 to USD 2,501.4 million by 2029, corresponding to a CAGR of 7.6%. Vietnam’s carbonated soft drinks market is benefiting from rapid urbanization and a growing middle class. The increasing exposure to global beverage brands and trends, particularly among younger consumers in cities like Ho Chi Minh City and Hanoi, is fueling demand. In addition, a shift toward healthier lifestyles is pushing growth in sugar-free and low-calorie options. The market is also supported by improved retail infrastructure and the rise of e-commerce, making carbonated soft drinks more accessible to a wider audience.
This report presents a detailed overview of the Vietnam carbonated soft drinks industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, packaging and distribution channel. This detailed analysis supports the identification of growth opportunities within the carbonated soft drinks industry.
Market Segmentation
The Vietnam carbonated soft drinks market is structured as follows:
Type: regular, low sugar/sugar free
Product type: cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, others
Packaging: glass bottles, metal cans, plastic bottles
Distribution channel: convenience stores, supermarkets and hypermarkets, food and beverages stores, grocery stores, e-commerce, foodservice channels, others
The carbonated soft drinks market in Vietnam is segmented across type, product type, packaging and distribution channel. In terms of type, the market is segmented into regular, and low sugar/sugar free. Product type categories include cola carbonates, carbonated orange drinks, lemonade and lime, tonic water and mixers, and others. Packaging segments consist of glass bottles, metal cans, and plastic bottles. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, food and beverages stores, grocery stores, e-commerce, foodservice channels, and others.
Competitive Landscape
The competitive landscape of the carbonated soft drinks market has been analyzed, with a focus on key players such as The Coca-Cola Company, Thai Beverage Public Company Limited, Suntory Holdings Limited, PepsiCo Inc. and AJE Group. The report provides a detailed assessment of prominent companies within the carbonated soft drinks market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Vietnam carbonated soft drinks market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam carbonated soft drinks market: type, product type, packaging and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Vietnam carbonated soft drinks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam carbonated soft drinks market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Vietnam Carbonated Soft Drinks Market – Type Analysis
Vietnam Carbonated Soft Drinks Market – Product Type Analysis
Vietnam Carbonated Soft Drinks Market – Packaging Analysis
Vietnam Carbonated Soft Drinks Market – Distribution Channel Analysis
Key Players and Market Share
– The Coca-Cola Company
– Thai Beverage Public Company Limited
– Suntory Holdings Limited
– PepsiCo, Inc.
– AJE Group
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Carbonated Soft Drinks Market 2019-2029
Chart Vietnam Carbonated Soft Drinks Market, Net Growth, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market, Growth Rates, 2019-2029
Table Vietnam Carbonated Soft Drinks Market by Type, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Type, 2019-2029
Table Vietnam Carbonated Soft Drinks Market by Product Type, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Product Type, 2019-2029
Table Vietnam Carbonated Soft Drinks Market by Packaging, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Packaging, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Packaging, 2019-2029
Table Vietnam Carbonated Soft Drinks Market by Distribution Channel, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Carbonated Soft Drinks Market by Distribution Channel, 2019-2029
Table Vietnam Carbonated Soft Drinks Market Share (%), by Companies, 2019-2023
Chart Vietnam Carbonated Soft Drinks Market, by Companies, 2023
Table Vietnam Carbonated Soft Drinks Market Share (%), by Brands, 2019-2023
Chart Vietnam Carbonated Soft Drinks Market, by Brands, 2023
Table Vietnam – Population (Millions) and Forecast
Table Vietnam – Consumer Price Index (CPI) and Forecast
Table Vietnam – Gross Domestic Product and Forecast
Table Vietnam Carbonated Soft Drinks Market: Spend as a Proportion of GDP (%)
Table Vietnam Carbonated Soft Drinks Market: Consumption per Capita (Population)
Companies Mentioned
The Coca-Cola Company
Thai Beverage Public Company Limited
Suntory Holdings Limited
PepsiCo, Inc.
AJE Group