in the Coffee market Vietnam is one of the world’s fastest growing coffee markets, trailing only behind Indonesia, Turkey and India. The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year. The indicator is valued at the current exchange rate of the respective year versus the US$. The definitions of labor force and unemployment differ by country. The indicator is valued at the current exchange rate of the respective year versus the US$. For the Coffee market, our analysts create reports with detailed comparisons and important background information. ""0"" would mean a perfectly equal distribution (everyone has the same income) while ""100"" would mean perfect inequality (one person gets all income). The average price per kilogram in the Coffee segment is expected to amount to US$38.47 in 2020. 2. New, Figures and insights about the advertising and media world, Industry Outlook The data source is specified individually for each data set. In 2016, Nestle Vietnam Ltd. led the coffee sales, with a retail volume share of 27%. Soluble coffee is enjoying light growth because of the increasing number of western expatriates living in the big cities in Vietnam. Vietnam Coffee Market is witnessing a CAGR 8.07% during the forecast period (2020-2025). The ""Price per Unit"" box shows the average retail value per unit in the selected market (market segment, region) in US dollars for each year. Reading Support from Asia (Vietnam and Indonesia) and Africa (Ethiopia, Tanzania and Uganda).9,11 The market advisory firm Mordor Intelligence predicts that the global market (retail) value of the coffee sector will experience a 5.5 per cent compound annual growth rate (CAGR) from 2018 to 2023, yet this positive outlook | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. In the Coffee segment, volume is expected to amount to 154.2 mkg by 2025. The Vietnamese coffee market is divided into two distinct segments. The indicator is valued at the current exchange rate of the respective year versus the US$. Here it is shown as a percentage of total gross domestic product (GDP). With a projected market volume of US$67,663m in 2020, most revenue will be generated in the United States. All Rights Reserved to Mordor Intelligence. yoy, -13.7% The country’s coffee industry is expected to grow strongly over the forecast period, as the population continues to expand at a rate of about one million people a year. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for alcoholic beverages, tobacco and narcotics (U.S.=100). The average volume per person in the Coffee segment is expected to amount to 1.3 kg in 2020. Nguyen The Long of the Vietnam Institute of Policy and Strategy for Agriculture and Rural Development emphasized the need for a long-term strategy, a roadmap, and an integrated system for Vietnam’s coffee industry. January 2018 - Starbucks has announced the return of Vietnam Da Lat coffee to Vietnam. | Source: Statista, based on World Bank, Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD, The current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Vietnam is the world’s second largest producer and exporter of coffee. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for recreation and culture. in million kilograms Update, Insights into the world's most important technology markets, Advertising & Media Outlook Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Premimuization trends is expected to boost the growth of the market in the country. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. Coffee is deeply woven into the social and economic fabric of Vietnam. The average per capita consumption will stand at 1.3 kg in 2020. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . [1] Vietnam's coffee industry is expected to grow strongly in the coming years as the population continues to expand at a rate of about one million people a year and the country and the tastes of its people become more sophisticated. The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms. From producing less than two million bags per year in the early 1990s, Vietnam has emerged as the second largest -producing and coffee -exporting country in the world, with an average annual output that currently exceeds 25 million 60-kg bags. Discover other market segments and categories related to your topic. | Source: Statista, based on Economist, Displayed is the standard rate. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for restaurants and hotels (U.S.=100). Vietnam's coffee industry took off after the Vietnam War ended in 1975, especially after East Germany signed the coffee procurement agreement with Vietnam. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for housing, water, electricity, gas and other fuels. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for education. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer price index (CPI) for a weighted basket of goods and services. Vietnam shipped 1.56 million tons of coffee, including more than 36,000 tons of processed coffee, in the 2018-19 season that ended Sept. 30, a … These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. bars and restaurants). The data is based on Statista's Global Consumer Survey. | Source: Statista, based on World Bank", Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). bars and restaurants). The “Revenue” box shows the forecasted revenue development of the selected market (market segment, region) in million US dollars for each year. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Affectionately nicknamed ‘rocket fuel’, Vietnamese coffee is a … in percent in the Coffee market The “Volume” box shows the apparent consumption of the selected product (market segment, region) in millions for each year. We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination. About 90%of the output from this facility will be exported to other markets in Asia including Thailand, the Philippines, Malaysia, Singapore, Hong Kong, Taiwan and Indonesia. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on KPMG, Displayed is the top marginal tax rate. It covers all private household spendings meant for consumption at home. To understand geography trends, Download Sample Report. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for housing, water, electricity, gas and other fuels (U.S.=100). The coffee market in veitnam is showing a postive trend over a decade with coffee brands expanding their presence in the country. The indicator is valued at the current exchange rate of the respective year versus the US$. The Coffee segment is expected to show a revenue growth of 20.0% in 2021. Click here. In the year 2020 a share of 29.4% of consumers is 25-34 years old. Numbers above 100 signal that prices are on average higher in this region than in the U.S., numbers below would mean prices in this region are on average lower than in the U.S. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for food and non-alcoholic beverages (U.S.=100). | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). in US$. Gaps filled with next higher COICOP position. The beverage-food industry businesses all want to grab the market pie. Vincafe holds 40% of the market share which is equal to the combined market share of Trung Nguyen and Nescafe. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Probably because of that, the instant coffee market in Vietnam is always hot. From a global perspective, it also represents overall industry size by analyzing qualitative insights and historical data. Reading Support Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for health. Vinacafe developed four product lines, namely Vinacafe 100 percent coffee, Vinacafe 2 in 1, Vincafe 3 in 1 and Vinacafe 4 in 1. The indicator is valued at the current exchange rate of the respective year versus the US$. Get an overview of trends and key players and consult comparisons of the focus regions USA, China, and Europe. Vietnam Coffee Chain Market describes an in-depth evaluation and professional study on the present and future state of the Vietnam Coffee Chain market across the globe, including valuable facts and figures.Vietnam Coffee Chain Market provides information regarding the emerging opportunities in the market & the market drivers, trends & upcoming technologies that will boost these … In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. Out of home consumption encompasses all sales via food service establishments(e.g. At home consumption on the other hand covers sales via retail stores (e.g. © 2020. The strategies adopted by these companies like brand imaging and expansion is further going to help these players to dominate the market during the forecast period. in percent. Values shown are only based on survey respondents who answered the question regarding their income. An increase would mean that the country benefited from improved terms of trade that allow it to purchase more import goods for the same amount of exports. Vinacafe Bien Hoa and domestic companies such as Trung Nguyen in Ho Chi Minh City, which produces, processes and distributes coffee, and Viet Thai International (Highland Coffee), the Hanoi-based Vietnamese coffee chain and producer and distributor of coffee products, continue to dominate coffee sales in Vietnam due to their strong brand reputation and wide distribution network. | Source: Statista, based on KPMG, GDP share of total health care spendings (public and private) in the selected region | Source: Statista, based on World Bank, WHO, national statistical offices, Number of physicians per 1,000 inhabitants in the selected region | Source: Statista, based on World Bank, Number of hospital beds per 1000 inhabitants in the selected region | Source: Statista, based on World Bank, WHO, The indicator shows the percentage of the adult population (18 years or older) in the selected region with a Body Mass Index (BMI) of 25 or higher. High levels of indebtedness can indicate the formation of a bubble that can cause an economic downturn. in percent. The coffee retail market in Vietnam reached $ 127.33 million in 2008 and increased to $ 287.34 million in 2012. in million US$. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Vietnam Coffee Market - Growth, Trends and Forecasts (2018 - 2023) The Vietnam coffee market value is expected to witness a growth rate of 8.2% during the forecast period with an average per capita coffee consumption of 1.1 Kg in 2018. Value sales of coffee have been propelled in recent years by the out-of-home sector, which is more relevant in this segment than in many other drinks categories. The indicator is valued at the current exchange rate of the respective year versus the US$. The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for alcoholic beverages, tobacco and narcotics (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Directly accessible data for 170 industries from 50 countries The scope of the Vietnam coffee market is segmented by product type (Whole Bean, Ground Coffee and Instant Coffee) and by Distribution Channels,  On-trade and Off-trade (Supermarket/Hypermarket, Speciality stores, Online retailing and Others). The Vietnam Coffee Market business development trends and selling channels square measure analyzed. 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