Vietnam Pet Food Market 2024
- Market Report
- ID: HC25480V
- Delivery Time: 1 Business Day
- Tag: Pet Food
Market Overview
According to the latest estimates, the pet food market in Vietnam is set to achieve an incremental growth of USD 84.2 million, accelerating at a CAGR of almost 9.4% during the forecast period 2024-2029. In Vietnam, the pet food market is driven by a surge in pet ownership, with increasing numbers of households adopting pets as companions and family members. This trend is supported by a growing middle class and rising disposable incomes, which are enhancing consumer spending on pet care products. There is also a notable shift towards premium and specialized pet food products, reflecting heightened awareness of pet health and nutrition. The expansion of modern retail channels and e-commerce platforms has made a wider range of pet food options more accessible, further fueling market growth. Additionally, urbanization and changing lifestyles are contributing to a greater focus on high-quality and convenient pet food solutions.
The report provides a comprehensive overview of the Vietnam pet food industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as pet type, type, pricing, ingredient, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the pet food industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the pet food industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.
Market Segmentation
The pet food market in Vietnam is segmented as below:
Pet type: cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others
Type: therapeutic pet foods, and non-therapeutic pet foods
Pricing: economy pet food, and premium/super premium pet food
Ingredient: acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others
Distribution channel: supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, and others
The Vietnam pet food market is segmented on the basis of pet type, type, pricing, ingredient, and distribution channel. Based on pet type, the pet food market in Vietnam is categorized into cat (dry food, wet food, toppers & mixers), dog (dry food, wet food, toppers & mixers), bird, fish, and others. On the basis of type, the pet food market in Vietnam has been segmented into therapeutic pet foods, and non-therapeutic pet foods. By pricing, the pet food market in Vietnam has been segmented into economy pet food, and premium/super premium pet food. Based upon ingredient, the pet food market in Vietnam is categorized into acidity regulators, cereals, coloring agents, fats and oils, flours, humectants, proteins, sweeteners, vitamins and minerals, and others. On the basis of distribution channel, the pet food market in Vietnam has been segmented into supermarkets and hypermarkets, grocery stores, pet shops, e-commerce, veterinary clinics, and others.
Competitive Landscape
The Vietnam pet food market is highly competitive. The key players in the pet food market include Wooriwa Co. Ltd., Vuong Viet Anh Co. Limited, The Archer-Daniels-Midland Company, Nestle S.A., Natural Core Co. Ltd., Mars Incorporated, Grobest Group Limited, Daejoo Co. Ltd., CTCBIO Inc., Charoen Pokphand Foods Public Company Limited, Bowwow Korea Co. Ltd., All Aquariums Co. Ltd. (Sakura).
The report is an indispensable tool for companies and organizations operating in the pet food industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the pet food market.
Why Buy This Report?
Provide statistical data or estimations for the Vietnam pet food market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the pet food market in Vietnam
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the pet food market in Vietnam looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities
Table of Contents
TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Vietnam Pet Food Market – Pet Type Analysis
3.1 Cat (dry food, wet food, toppers & mixers)
3.2 Dog (dry food, wet food, toppers & mixers)
3.3 Bird
3.4 Fish
3.5 Others
4. Vietnam Pet Food Market – Type Analysis
4.1 Therapeutic pet foods
4.2 Non-therapeutic pet foods
5. Vietnam Pet Food Market – Pricing Analysis
5.1 Economy pet food
5.2 Premium/super premium pet food
6. Vietnam Pet Food Market – Ingredient Analysis
6.1 Acidity regulators
6.2 Cereals
6.3 Coloring agents
6.4 Fats and oils
6.5 Flours
6.6 Humectants
6.7 Proteins
6.8 Sweeteners
6.9 Vitamins and minerals
6.10 Others
7. Vietnam Pet Food Market – Distribution Channel Analysis
7.1 Supermarkets and hypermarkets
7.2 Grocery stores
7.3 Pet shops
7.4 E-commerce
7.5 Veterinary clinics
7.6 Others
8. Company Profiles
8.1 Wooriwa Co., Ltd.
8.2 Vuong Viet Anh Co., Limited
8.3 The Archer-Daniels-Midland Company
8.4 Nestle S.A.
8.5 Natural Core Co., Ltd.
8.6 Mars, Incorporated
8.7 Grobest Group Limited
8.8 Daejoo Co., Ltd.
8.9 CTCBIO Inc.
8.10 Charoen Pokphand Foods Public Company Limited
8.11 Bowwow Korea Co., Ltd.
8.12 All Aquariums Co., Ltd. (Sakura)
DISCLAIMER
Companies Mentioned
Wooriwa Co., Ltd.
Vuong Viet Anh Co., Limited
The Archer-Daniels-Midland Company
Nestle S.A.
Natural Core Co., Ltd.
Mars, Incorporated
Grobest Group Limited
Daejoo Co., Ltd.
CTCBIO Inc.
Charoen Pokphand Foods Public Company Limited
Bowwow Korea Co., Ltd.
All Aquariums Co., Ltd. (Sakura)
USD 375