Projections for the Vietnam chocolate confectionery market suggest a promising growth trajectory, with an anticipated rise of USD 94.1 million and a compound annual growth rate (CAGR) nearing 9% over the next five years. The chocolate confectionery market in Vietnam is growing rapidly, driven by increasing urbanization, rising disposable incomes, and the rising popularity of Western food products among the younger generation. Vietnamese consumers are increasingly seeking premium and imported chocolate brands, particularly in urban centers. Seasonal events and holidays, such as Lunar New Year and Valentine’s Day, further contribute to a surge in demand for chocolates during certain periods of the year.
This report presents a detailed overview of the Vietnam chocolate confectionery 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 product type, type and distribution channel. This detailed analysis supports the identification of growth opportunities within the chocolate confectionery industry.
Market Segmentation
The Vietnam chocolate confectionery market is structured as follows:
Product type: boxed chocolates, countlines, pouches and bags, tablets
Type: regular, sugar-free
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, others
The chocolate confectionery market in the Vietnam is segmented by product type, type and distribution channel. By product type, the market features boxed chocolates, countlines, pouches and bags, and tablets. Type segments are divided into regular, and sugar-free. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
Key players dominating the chocolate confectionery market include The Hershey Company, Nestle S.A., Morinaga & Company Ltd., Mondelez International Inc., Mars Incorporated, Marou Chocolate Co. Ltd., Lotte Corporation, Ferrero International S.A., Dai Hien Tam Co. Ltd., Belcholat Chocolate JSC, August Storck KG and Alfred Ritter GmbH & Co. KG.
The report provides a detailed assessment of prominent companies within the chocolate confectionery 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 chocolate confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam chocolate confectionery market: product type, type 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 chocolate confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam chocolate confectionery 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 Chocolate Confectionery Market – Product Type Analysis
Vietnam Chocolate Confectionery Market – Type Analysis
Vietnam Chocolate Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Nestle S.A.
– Morinaga & Company, Ltd.
– Mondelez International Inc.
– Mars, Incorporated
– Marou Chocolate Co., Ltd.
– Lotte Corporation
– Ferrero International S.A.
– Dai Hien Tam Co., Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Chocolate Confectionery Market 2019-2029
Chart Vietnam Chocolate Confectionery Market, Net Growth, 2019-2029
Chart Vietnam Chocolate Confectionery Market, Growth Rates, 2019-2029
Table Vietnam Chocolate Confectionery Market by Product Type, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Product Type, 2019-2029
Table Vietnam Chocolate Confectionery Market by Type, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Type, 2019-2029
Table Vietnam Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table Vietnam Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart Vietnam Chocolate Confectionery Market, by Companies, 2023
Table Vietnam Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart Vietnam Chocolate Confectionery 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 Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table Vietnam Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Nestle S.A.
Morinaga & Company, Ltd.
Mondelez International Inc.
Mars, Incorporated
Marou Chocolate Co., Ltd.
Lotte Corporation
Ferrero International S.A.
Dai Hien Tam Co., Ltd.
Belcholat Chocolate JSC
August Storck KG
Alfred Ritter GmbH & Co. KG