Expected to see substantial growth, the Vietnam savory snacks market is anticipated to move from USD 1,032.8 million in 2023 to USD 1,648.1 million by 2029, corresponding to a CAGR of 8.1%. Vietnam’s savory snacks market is on the rise, underpinned by the increasing urbanization and the growing preference for convenience foods. Younger generations, particularly in cities, are increasingly adopting Western snack trends, with products like chips, pretzels, and nuts gaining popularity. At the same time, traditional snacks such as crispy rice crackers and salted fish snacks continue to dominate, reflecting the country’s evolving yet culturally rooted snack preferences. The overall demand for affordable and accessible snacks, especially in modern retail channels, is also boosting market growth.
The report delivers an in-depth analysis of the Vietnam savory snacks industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, packaging material and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the savory snacks market.
Market Segmentation
The following outlines the segmentation of the Vietnam savory snacks market:
Product type: meat snacks, nuts and seeds, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, others
Packaging material: flexible packaging, paper and board, rigid plastics, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, others
The savory snacks market in the Vietnam is segmented by product type, packaging material and distribution channel. In terms of product type, the market is segmented into meat snacks, nuts and seeds, potato chips, puffed snacks, rice snacks, savoury biscuits and crackers, seafood snacks, and others. Packaging material segments are categorized into flexible packaging, paper and board, rigid plastics, and others. Distribution channel segmentation comprises convenience stores, supermarkets and hypermarkets, food and drinks stores, grocery stores, e-commerce, and others.
Competitive Landscape
Prominent players in the savory snacks market include Viet Hoa Co., Tuyen Ky Co. Ltd., Tan Tan Food & Foodstuff Co., Tai Tai Co., PT. Mayora Indah Tbk, PepsiCo Inc., Orion Group, One One Food JSC Vietnam, Nhat Anh Trading Private Enterprise, Mondelez International Inc., Meiji Holdings Co. Ltd., Liwayway Marketing Corp., LBB Vietnam Foodstuff Joint Stock Company, Kellanova, Kameda Seika Co. Ltd. and Hai Ha Confectionery JSC.
This report delivers an in-depth examination of leading companies in the savory snacks sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Vietnam savory snacks market.
Gain in-depth analysis and forecasts for the key segments of the Vietnam savory snacks market: product type, packaging material 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 savory snacks market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Vietnam savory snacks 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 Savory Snacks Market – Product Type Analysis
Vietnam Savory Snacks Market – Packaging Material Analysis
Vietnam Savory Snacks Market – Distribution Channel Analysis
Key Players and Market Share
– Viet Hoa Co.
– Tuyen Ky Co., Ltd.
– Tan Tan Food & Foodstuff Co.
– Tai Tai Co.
– PT. Mayora Indah, Tbk
– PepsiCo, Inc.
– Orion Group
– One One Food JSC, Vietnam
– Nhat Anh Trading Private Enterprise
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Vietnam Savory Snacks Market 2019-2029
Chart Vietnam Savory Snacks Market, Net Growth, 2019-2029
Chart Vietnam Savory Snacks Market, Growth Rates, 2019-2029
Table Vietnam Savory Snacks Market by Product Type, 2019-2029
Chart Vietnam Savory Snacks Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Savory Snacks Market by Product Type, 2019-2029
Table Vietnam Savory Snacks Market by Packaging Material, 2019-2029
Chart Vietnam Savory Snacks Market by Packaging Material, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Savory Snacks Market by Packaging Material, 2019-2029
Table Vietnam Savory Snacks Market by Distribution Channel, 2019-2029
Chart Vietnam Savory Snacks Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Vietnam Savory Snacks Market by Distribution Channel, 2019-2029
Table Vietnam Savory Snacks Market Share (%), by Companies, 2019-2023
Chart Vietnam Savory Snacks Market, by Companies, 2023
Table Vietnam Savory Snacks Market Share (%), by Brands, 2019-2023
Chart Vietnam Savory Snacks 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 Savory Snacks Market: Spend as a Proportion of GDP (%)
Table Vietnam Savory Snacks Market: Consumption per Capita (Population)
Companies Mentioned
Viet Hoa Co.
Tuyen Ky Co., Ltd.
Tan Tan Food & Foodstuff Co.
Tai Tai Co.
PT. Mayora Indah, Tbk
PepsiCo, Inc.
Orion Group
One One Food JSC, Vietnam
Nhat Anh Trading Private Enterprise
Mondelez International Inc.
Meiji Holdings Co., Ltd.
Liwayway Marketing Corp.
LBB Vietnam Foodstuff Joint Stock Company
Kellanova
Kameda Seika Co., Ltd.
Hai Ha Confectionery JSC