Market research on the fresh food industry. Standardised and cros...
Market research on the fresh food industry. Standardised and cross-comparable statistics including total market sizes and distribution, with full analysis of industry trends.
The vegetables category experienced positive growth in Vietnam in 2023, particularly in the institutional and foodservice sectors. With a 100% vaccination rate amongst children by the end of 2022, more parents were allowing their children to stay in…
In 2023, amidst challenging economic conditions, there was a noticeable decrease in local consumers dining out compared to the pre-COVID-19 era. However, the sugar and sweeteners industry experienced a healthy increase in volume sales, particularly…
In 2023, an increased awareness of the importance of health and wellness contributed to the rise in demand for starchy roots in Vietnam. The nutritional advantages of eating these foods, such as high-quality carbs, dietary fibre, and crucial…
Although peas and other pulses have a presence in Vietnam, availability is low and sales are still very small. The use of peas and other pulses is limited to a few dishes, and these products do not have wide consumer awareness. By contrast, beans are…
In 2023, nuts recorded a significant rate of volume growth, particularly in the foodservice sector, driven by the increasing number of tourists visiting Vietnam. The impact of inflation and a sluggish economy led to changes in people's spending…
In 2023, the meat category in Vietnam was negatively affected by inflation and an economic slowdown. Sales value and volume displayed slower growth than in the previous year. In this year, Vietnamese consumers were more focused on saving money and…
In 2023, the fruits category in Vietnam was adversely affected by inflation and an economic slowdown. Total volume sales of fruits saw slower growth than in the previous year. In the last year of the review period, Vietnamese consumers became more…
In 2023, inflation had a considerable impact on consumer behaviour and purchasing patterns, which affected the performance of the fresh food industry in Vietnam. Some categories, such as fruits and vegetables, felt the impact of inflation less than…
In 2023, inflation and a gloomy economy negatively impacted the growth of fresh food overall. However, the demand for fish and seafood still experienced a positive growth rate in both value and volume terms. This can be attributed to an increase in…
Eggs are very popular in Vietnamese cuisine, and they appear in meals consumed by all consumer groups, regardless of their income level. Because of the low price per piece, which ensures that eggs remain more affordable than other fresh foods, and…
Despite expectations for deflationary trends as markets continue to emerge from post-pandemic conditions, fresh vegetables continue to experience rising costs. Labour, transportation, and raw materials, as well as global socioeconomic unrest, have…
While 2022 saw an easing of retail volume declines for sugar and sweeteners, at-home demand continues to fall in 2023. The category is being increasingly influenced by a combination of health trends as well as economic pressures. Despite continuing…
While strong foodservice growth continues to fuel starchy roots, retail volumes are fluctuating. Notably, potatoes continues to see declining retail demand, signifying a longer road to recovery than previously hoped for. Disruptions to the harvesting…
Retail volumes continue to marginally fall in 2023, as competition from processed foods threatens demand for pulses in the US. Evolving lifestyles and inconsistent daily routines continue to make it increasingly unappealing for consumers to take…
Supply chain disruptions and heightened inflationary pressure continue to present challenges across all packaged food and fresh food categories. Food markets face a particular test with elevated inflation, even as the pandemic’s effects on markets…
With local consumers increasingly concerned about tense economic conditions in 2023, shopping preferences have continued to shift in favour of cost convenience. This has been particularly evident through the ongoing resilience of foodservice volumes,…
While industries continue to recover from pandemic-related disruptions, fresh fruits continue to face other external challenges. Notably, increasingly volatile climate shifts are having an intensifying impact on harvest calendars. For key states such…
After a year of strong foodservice growth in 2022, fresh food is experiencing slowdowns in out-of-home consumption occasions. Over 2023, foodservice outlets have been recording slower growth in single digits, representative of decreased flexibility…
Despite deflationary trends across fish and seafood, volumes continues to decline in 2023, particularly in retail. This follows a difficult 2022, when some types of fish and seafood experienced double-digit declines in retail volume terms. As…
Avian influenza outbreaks throughout 2022 contributed to rising input costs across the supply chain, resulting in strong double-digit unit price increases for eggs. Between infection-related deaths and intentional culling of flocks to limit further…