Vietnam Confectionery Market Analysis (2013 - 2023)

Overview

The data guide on Confectionery provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Confectionery, such as Gum, Sugar Confectionery, and Chocolate, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Confectionery market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

Glimpse of the report

The Vietnam Confectionery market registered a growth of 11.33% to reach 6939700 VND Mn in 2018.Moulded Chocolate constitute the leading segment in Chocolate category, which recorded a per capita consumption of 0.03891 Kg in 2018. On the other hand, Cereal Bars is the fastest growing segment in the Snack Bars category. The Sugar Confectionery category is expected to reach 7523854.901500001 by 2023, witnessing a healthy CAGR of 10.87%. Among distribution channels, Convenience Stores are the preferred destination among the populace.

Some of the Key Takeaways

• Chewing Gum constitute the leading segment in Gum category which has a per capita consumption of 0.01754 Kg in 2018.


• Countlines was the fastest growing segment in the last five years, with a CAGR of 13.4%.


• The Cereal Bars segment is expected to witness a healthy value CAGR of 8.96% during the forecast period.