+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Vietnam Dairy Comprehensive Report Q2/2019

  • ID: 4808463
  • Report
  • Region: Vietnam
  • 161 pages
  • Vietnam Industry Research And Consultant (PI)
1 of 3
VIETNAM DAIRY INDUSTRY

Dairy is an important and essential food but due to the high cost of goods manufactured compared to Vietnamese average income, the spending on it is still limited. The spending on milk accounts for over 10% of the total food expenditure in Vietnam.

Revenue of diary enterprises grew continuously at a CAGR of 12.7%/year during the period of 2010 - 2018. The dairy revenue growth is mainly due to 2 segments: milk powder and liquid milk, accounting for 75% of the total market value.

Vietnam liquid milk market grew at a CAGR of 20.9% in the period of 2010 - 2018. Up to the end of March 2019, Vietnam liquid milk consumption revenue increased by 9.8% compared to the same period of 2018.

The powder milk consumption revenue grew at a CAGR of 19.4%. The milk powder consumption revenue in the first 3 months of 2019 rose by 8.5% compared to the same period of 2018.

The condensed milk consumption revenue in Q1/2019 increased by 4.3% in comparison with the same period of 2018. Researchers forecasts that although the condensed milk market grows slowly, it will maintain a stable growth rate of around 5%/year over the next 5 years.

The dairy market has been contributing positively to the national economy with a high growth rate, the next year is always higher than the previous with an average rate of 15 - 17%/year. Vietnam dairy processing industry is planned to develop until 2020 with a view to 2015 with many innovative mechanisms and policies in order to help enterprises in the industry develop and promote competition when integrating.
Note: Product cover images may vary from those shown
2 of 3
Abbreviations

Executive Summary

I. Business environment
1. Macroeconomic situations
2. Legal Framework
3. Trade Agreements

II. Global market
1. Chain value of the dairy industry
2. Input materials
3. Industry situation
4. Typical producing countries
5. Key players in the world

III. Vietnam’s market
1. History of establishment and development
2. Producing procedures
3. Producing technology
4. Input materials
5. Production
6. Consumption
7. Export - Import
8. Inventory
9. Price
10. Distribution
11. Competition analysis

IV. Industrial risks
1. Industrial risk
2. SWOT analysis

V. Industrial development plan
1. Population growth
2. Raising industry development
3. Dairy industry development

VI. Prospects and forecasts
1. Development incentives
2. Forecasts

VII. Business analysis
1. Overview
2. Financial analysis

VIII. Financial analysis annex

List of figures
Figure 1: GDP and dairy consumption per capita
Figure 2: Expenditure structure of Vietnamese people, 2018
Figure 3: Market share of Beverage (excluding Beer) by shopping channels of age groups, 2018
Figure 4: Rate of urbanization in Vietnam, 2010 - 2018
Figure 5: Growth in urban and rural dairy consumption by quarter, 2015–2018
Figure 6: Total population and population structure in working age period 2010-2018
Figure 7: VND/USD exchange rate, 1/2013 – 3/2019
Figure 8: Monthly CPI Fluctuation 1/2015 - 3/2019
Figure 9: Consumer confidence index by quarter, Q1/2014 – Q4/2018
Figure 10: Retail sales of goods, 2010 - Q1/2019
Figure 11: Dairy industry value chain and added value by stage
Figure 12: Classification of milk and dairy products
Figure 13: Number of dairy cows in the world, 2008-2018
Figure 14: Structure of dairy cows worldwide, 2017e
Figure 15: Production of dairy cow, 2015-2019f
Figure 16: Raw milk production in the world, 2011-2018e
Figure 17: Market share of cow milk production by region, 2018e
Figure 18: Cow milk production in some areas, 2018e
Figure 19: Cost of milk production in the world 2017 (USD/100kg)
Figure 20: Price of raw milk in the world, 1/2014 - 3/2019
Figure 21: Liquid milk production and consumption, 2012 – 2019f
Figure 22: Fresh milk consumption per capita, 2008-2023f
Figure 23: Milk consumption per capita growth 2006 - 2025
Figure 24: Liquid milk trade, 2008-2023f
Figure 25: Exports structure by country, 2018
Figure 26: Global cheese production and consumption, 2011 – 2019f
Figure 27: Cheese production structure, 2018e
Figure 28: Cheese consumption structure, 2018e
Figure 29: Export structure of cheese, 2018e
Figure 30: Import structure of cheese, 2018e
Figure 31: Cheese Global Trade 2011 – 2019f
Figure 32: Skimmed milk powder production and consumption, 2011 – 2019f
Figure 33: Structure of skimmed milk powder production and consumption, 2018e
Figure 34: Skimmed Milk Powder Global Trade, 2011 – 2019f
Figure 35: Export structure, 2018e
Figure 36: Import structure, 2018e
Figure 37: Global WMP production and consumption, 2015 – 2019f
Figure 38: Production structure of WMP, 2018e
Figure 39: Consumption structure of WMP, 2018e
Figure 40: Whole Milk Powder Global Trade, 2015 – 2020f
Figure 41: Export and import structure of WMP, 2018e
Figure 42: Global butter production and consumption, 2011 – 2019f
Figure 43: Consumption structure of butter, 2018e
Figure 44: Butter Global Trade 2011 – 2019f
Figure 45: Export structure of butter, 2018
Figure 46: Global yogurt production value, 2000 -2019f
Figure 47: Market share of global yogurt by company name, 2018e
Figure 48: Export structure of global yogurt by value, 2017e
Figure 49: Global yogurt export, 2012 – 2017 e
Figure 50: Consumption of milk and dairy products per capita, 2013 – 2020f
Figure 51: Consumption of dairy products per capita, 2018
Figure 52: Price movement of milk and dairy products, 7/2010 – 3/2019
Figure 53: Consumption of milk and dairy products per capita of NZ, 2011-2018f
Figure 54: Input materials of NZ dairy industry, 2011– 2018e
Figure 55: Input materials of Europe dairy industry 2010-2018e
Figure 56: Production structure of raw milk, 2017e
Figure 57: Input materials of USA dairy industry, 2010 – 2019e
Figure 58: Consumption of liquid milk per capita in USA, 2011-2018
Figure 59: Consumption of fresh milk per capita in China, 2010 - 2018
Figure 60: Production and consumption of powdered milk in China, 2010 - 2017
Figure 61: Number of cow in Vietnam, 2010 – 3M/2019
Figure 62: Cow volume by region, 2018e
Figure 63: Raw materials structure of milk, 2017
Figure 64: Domestic production volume of raw milk, 2010 –3M/2019
Figure 65: Cow structure by enterprise, 2017e
Figure 66: Import volume of raw milk, 2010 – 3M/2019
Figure 67: Price movement of raw milk in the world, 1/2014 – 3/2019
Figure 68: Average raw milk price in some countries, 2018
Figure 69: Number of enterprises and workers in the dairy industry, 2010 - 2017
Figure 70: Fixed asset value of dairy sector over the years, 2010 - 2017
Figure 71: Production volume of liquid milk, 2010 – 3M/2019
Figure 72: Production volume of milk powder, 2010 –3M/2019
Figure 73: Production of liquid milk and powdered milk by month, 2010 – 3M/2019
Figure 74: Dairy industry's sales, 2010 – 2018
Figure 75: Dairy consumption per capita, 2008 – 2017f
Figure 76: Sales of liquid milk, 2010 –3M/2019
Figure 77: Market share of liquid milk, 2018
Figure 78: Sales of powdered milk, 2010 - 3M/2019
Figure 79: Market share of powdered milk by brand, 2018e
Figure 80: Sales of yogurt, 2010 – 3M/2019
Figure 81: Market share of yogurt by brand, 2017e
Figure 82: Sales of condensed milk, 2010 –3M/2019
Figure 83: Market share of condensed milk, 2017e
Figure 84: Import of milk and dairy products, 2010 – 3M/2019
Figure 85: Import structure of milk and dairy products by HS code, 2018e
Figure 86: Import market for milk and dairy products, 2018e
Figure 87: Export of milk and dairy products, 2010 – 2018e
Figure 88: Dairy inventory, 2010 – 2018e
Figure 89: Population and population growth forecast in Vietnam, 2008 – 2020f
Figure 90: Dairy cow population's targeted growth in the period of 2010 – 2020f
Figure 91: Forecast of fresh milk production, 2009 – 2020f
Figure 92: Total population and birth rate over the years, 2010-2018
Figure 93: Number of people above 60 years old, 2017 - 2030f
Figure 94: Elder rate having healthy problems, 2017
Figure 95: Forecast of milk consumption in Vietnam, 2008 - 2020f
Figure 96: Net revenue, 2017 - 2018
Figure 97: Gross profit, 2017 - 2018
Figure 98: Selling expense/ Net revenue, 2017 - 2018
Figure 99: Vinamilk's sales and advertising expenses, 2010 - 2018
Figure 100: Selling expense structure of Vinamilk, 2018
Figure 101: Administrative expenses, 2017 - 2018
Figure 102: Debt, 2017 - 2018
Figure 103: Short-term Assets/Long-term Assets, 2017 - 2018
Figure 104: Liquidity, 2017 - 2018
Figure 105: Profit Ratio, 2018

List of tables
Table 1: Import tax on milk and dairy products to Vietnam
Table 2: Import tariffs for dairy products applied to countries in the CPTPP, 2017
Table 3: World's top 5 biggest butter importing countries, 2016-2017
Table 4: World's top 20 largest dairy companies, 2017
Table 5: Some brands of powdered milk in Vietnam
Table 6: Description of goods under the HS code
Table 7: Retail price of some powdered milk products for kids under six years old in 3/2019
Table 8: Forecast for some basic population indicators up to 2019
Table 9: Development planning for dairy products to 2020, vision to 2025
Table 10: Indicators for performance efficiency, 2017
Table 4: World's top 20 largest dairy companies, 2017
Table 5: Some brands of powdered milk in Vietnam
Table 6: Description of goods under the HS code
Table 7: Retail price of some powdered milk products for kids under six years old in 12/2018
Table 8: Forecast for some basic population indicators up to 2019
Table 9: Development planning for dairy products to 2020, vision to 2025
Table 10: Indicators for performance efficiency, 2018
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Vietnam Dairy Products Joint Stock Company (Vinamilk)
  • Nestlé Vietnam Company Limited
  • 3A Nutrition Company Limited
  • NutiFood Nutrition Food Joint Stock Company in Binh Duong Province
  • Frieslandcampina Vietnam Company Limited
  • TH True Milk Joint Stock Company
  • Moc Chau Dairy Cattle Breeding Joint Stock Company
  • Mead Johnson Nutrition (Vietnam) Company Limited
  • International Dairy Products Joint Stock Company (IDP)
  • KIDO Frozen Food Joint Stock Company (KDF)
Note: Product cover images may vary from those shown
Adroll
adroll