[ad_1]
NEW YORK, Feb. 9, 2022 /PRNewswire/ — The fruits and vegetable market in Vietnam is about to develop by 8.15 million items from 2021 to 2026. Nonetheless, the expansion momentum is prone to decelerate at a CAGR of 4.85% as per the newest report by Technavio. The fruit and veggies market share development in Vietnam by the vegetable section shall be vital for income technology. The potential development within the middle-income group, together with the rise in demand for contemporary greens worldwide, is anticipated to drive the demand for greens. Different components resembling the rise in agricultural manufacturing, enhancements in meals processing expertise, and adjustments in shopper meals consumption patterns will additional pave the best way for the expansion of the fruits and vegetable market in Vietnam. In 2021, In keeping with Inhabitants Reference Bureau, 37% inhabitants of Vietnam stay in cities. The rising urbanization has elevated the concentrate on consuming a nutritious diet, which is fueling the demand for greens within the area.
To realize additional insights available on the market contribution of assorted segments – Request a Free Pattern Report!
The fruits and vegetable market in Vietnam covers the next areas:
Fruits and vegetable market in Vietnam – Drivers & Challenges
The report on the fruits and vegetable market in Vietnam gives a holistic replace, market dimension and forecast, traits, development drivers, and challenges, in addition to vendor evaluation. The market is pushed by elevated consumption of fruit and veggies to keep up a more healthy weight loss plan. Speedy urbanization and consumerism traits prompted intensive adjustments in shopper life and a shift towards wholesome eatables. Common consumption of fruit and veggies helps in stopping main illnesses resembling most cancers as they’re a fantastic supply of nutritional vitamins resembling C, A, B, and E and lots of different dietary fibers. Fruits and vegetable substances additionally assist in weight administration, decrease blood levels of cholesterol, and management insulin and glycemic responses which attracts the diet-conscious inhabitants base. Such components are anticipated to drive the expansion of the fruits and vegetable market in Vietnam throughout the forecast interval.
Nonetheless, the important thing issue impeding the fruit and veggies market development in Vietnam is the hostile weather conditions affecting fruit and vegetable manufacturing. India, Indonesia, Vietnam, and South Africa are a number of the nations which have skilled a decline in fruit and vegetable manufacturing attributable to local weather adjustments. As an example, in keeping with the bulletins of Local weather forecast and agro-meteorology for Vietnam revealed by IMHEN (Institute of Hydrology and Meteorology Science and Local weather Change), in 2020, the common annual temperature has been noticed to extend, extreme chilly and damaging chilly occasions have tended to be longer and extra extreme, this brought on extreme losses of transplanted rice, fruit, and industrial crops.
To know extra about drivers, challenges & traits – Obtain a free pattern now!
Fruits and vegetable market in Vietnam – Segmentation
The Fruits And Greens Market In Vietnam is segmented by Product (Greens and Fruits) and Exporting nations (China, EU nations, US, and others). Technavio report presents an in depth image of the market by the best way of examine, synthesis, and summation of information from a number of sources by an evaluation of key parameters.
Firms Talked about
The fruits and vegetable market in Vietnam is fragmented and the distributors are deploying development methods resembling investing in analysis and growth to develop new merchandise to compete available in the market.
- Atlantic Frozen Meals Inc.
- Binh Thuan Fruit and Vegetable Joint Inventory
- Cao Thanh Phat Import and Export Co. Ltd.
- Dan On Meals Corp.
- Dong Giao Foodstuff Export JSC.
- Giavico Worldwide Meals Co. Ltd.
- Pink River Meals Inc.
- Tini Meals Co. Ltd.
- Vegetexco Vietnam JSC
- VEGETEXCO HOCHIMINH CITY
Subscribe to our “Lite Plan” billed yearly at USD 3000 to hitch a group, who’re eligible to view 3 reviews month-to-month and obtain 3 reviews yearly.
Associated Reviews:
Fruits Market in Argentina -The fruits market share in Argentina is anticipated to extend by USD 162.74 million from 2021 to 2026, and the market’s development momentum will speed up at a CAGR of three.87%. Obtain a free pattern now!
Fruits and Vegetable Substances Market- The fruits and vegetable substances market has the potential to develop by USD 77.45 mn throughout 2021-2025, and the market’s development momentum will decelerate at a CAGR of 6.41%. Obtain a free pattern now!
Fruits And Greens Market In Vietnam Scope |
|
Report Protection |
Particulars |
Web page quantity |
120 |
Base yr |
2021 |
Forecast interval |
2022-2026 |
Progress momentum & CAGR |
Decelerate at a CAGR of 4.85% |
Market development 2022-2026 |
8.15 mn items |
Market construction |
Fragmented |
YoY development (%) |
5.34 |
Regional evaluation |
Vietnam |
Performing market contribution |
Vietnam at 100% |
Key shopper nations |
Vietnam |
Aggressive panorama |
Main firms, aggressive methods, shopper engagement scope |
Firms profiled |
Atlantic Frozen Meals Inc., Binh Thuan Fruit and Vegetable Joint Inventory, Cao Thanh Phat Import and Export Co. Ltd., Dan On Meals Corp., Dong Giao Foodstuff Export JSC., Giavico Worldwide Meals Co. Ltd., Pink River Meals Inc., Tini Meals Co. Ltd., Vegetexco Vietnam JSC, and VEGETEXCO HOCHIMINH CITY |
Market Dynamics |
Father or mother market evaluation, Market development inducers and obstacles, Quick-growing and slow-growing section evaluation, COVID-19 influence and future shopper dynamics, market situation evaluation for the forecast interval, |
Customization purview |
If our report has not included the information that you’re on the lookout for, you may attain out to our analysts and get segments custom-made |
About Us
Technavio is a number one international expertise analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and gives actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 reviews and counting, overlaying 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 firms. This rising shopper base depends on Technavio’s complete protection, intensive analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market situations.
Contact
Technavio Analysis
Jesse Maida
Media & Advertising and marketing Government
US: +1 844 364 1100
UK: +44 203 893 3200
E mail: media@technavio.comWeb site: www.technavio.com/
View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/fruits-and-vegetables-market-in-vietnam-records-5-34-y-o-y-growth-rate-in-2026-vegetable-segment-will-be-significant-for-revenue-generation–17000-technavio-reports-301476594.html
SOURCE Technavio
[ad_2]
Source link