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

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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.

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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.

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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

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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

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