The Vietnam RTD tea market is anticipated to witness significant growth, with an expected uptick of USD 0.9 billion, equating to a compound annual growth rate (CAGR) of about 7.5% in the coming years. In Vietnam, the RTD tea market is experiencing robust growth, largely driven by a growing awareness of the health benefits of tea and the increasing demand for healthier beverages. Green tea, herbal infusions, and functional teas with added health benefits are particularly popular among Vietnamese consumers. The rising preference for on-the-go consumption, driven by busy urban lifestyles, is further propelling the market, with RTD tea emerging as a convenient and refreshing alternative to sugary soft drinks. Additionally, the increasing availability of RTD tea in supermarkets and convenience stores is boosting its accessibility.
This report presents a detailed overview of the Vietnam RTD tea 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 and distribution channel. This detailed analysis supports the identification of growth opportunities within the RTD tea industry.
Market Segmentation
The Vietnam RTD tea market is structured as follows:
Product type: regular RTD tea, no/low-sugar RTD tea
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks stores, grocery stores, e-commerce, bars & HoReCa, others
The Vietnam RTD tea market is categorized by product type and distribution channel. Product type segmentation includes regular RTD tea, and no/low-sugar RTD tea. Distribution channel segments consist of convenience stores, supermarkets and hypermarkets, food & drinks stores, grocery stores, e-commerce, bars & HoReCa, and others.
Competitive Landscape
The report provides profiles of notable companies, including Uni-President Enterprises Corporation, Tan Quang Minh Manufacture & Trading Co. Ltd., Tan Hiep Phat Beverage Group (THP), Suntory Holdings Limited, Sapporo Holdings Limited, Kirin Holdings Co. Ltd. and JG Summit Holdings Inc. The report provides a detailed assessment of prominent companies within the RTD tea 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 RTD tea market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam RTD tea market: product 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 RTD tea market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam RTD tea 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 RTD Tea Market – Product Type Analysis
Vietnam RTD Tea Market – Distribution Channel Analysis
Key Players and Market Share
– Uni-President Enterprises Corporation
– Tan Quang Minh Manufacture & Trading Co., Ltd.
– Tan Hiep Phat Beverage Group (THP)
– Suntory Holdings Limited
– Sapporo Holdings Limited
– Kirin Holdings Co., Ltd.
– JG Summit Holdings, Inc.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam RTD Tea Market 2019-2029
Chart Vietnam RTD Tea Market, Net Growth, 2019-2029
Chart Vietnam RTD Tea Market, Growth Rates, 2019-2029
Table Vietnam RTD Tea Market by Product Type, 2019-2029
Chart Vietnam RTD Tea Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam RTD Tea Market by Product Type, 2019-2029
Table Vietnam RTD Tea Market by Distribution Channel, 2019-2029
Chart Vietnam RTD Tea Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam RTD Tea Market by Distribution Channel, 2019-2029
Table Vietnam RTD Tea Market Share (%), by Companies, 2019-2023
Chart Vietnam RTD Tea Market, by Companies, 2023
Table Vietnam RTD Tea Market Share (%), by Brands, 2019-2023
Chart Vietnam RTD Tea 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 RTD Tea Market: Spend as a Proportion of GDP (%)
Table Vietnam RTD Tea Market: Consumption per Capita (Population)
Companies Mentioned
Uni-President Enterprises Corporation
Tan Quang Minh Manufacture & Trading Co., Ltd.
Tan Hiep Phat Beverage Group (THP)
Suntory Holdings Limited
Sapporo Holdings Limited
Kirin Holdings Co., Ltd.
JG Summit Holdings, Inc.