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RTD Tea in Vietnam

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    Report

  • 31 Pages
  • November 2025
  • Region: Vietnam
  • Euromonitor International
  • ID: 64409
RTD tea in Vietnam sustained growth across on-trade and off-trade channels in 2025, albeit at a slower pace due to economic headwinds and cautious consumer spending. On-trade remained robust, achieving double-digit volume growth, supported by rising inbound tourism. Leading players such as Tan Hiep Phat, URC Vietnam, and Interfood drove demand through multi-pack formats, offering affordability and convenience.

This report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data (2020-2025), allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution, packaging or pricing issues. Forecasts to 2030 illustrate how the market is set to change.

Product coverage: Carbonated RTD Tea and Kombucha, Still RTD Tea.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the RTD Tea market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2025 DEVELOPMENTS
  • RTD tea sustains growth amid economic headwinds, driven by on-trade resilience and innovation
INDUSTRY PERFORMANCE
  • Rise in tourism drives stronger on-trade growth of RTD tea
  • Fresh tea from convenience stores offers competition to RTD format
WHAT’S NEXT?
  • Despite pessimistic outlook, RTD tea offers stronger potential via on-trade
  • Future innovation likely to focus on local preferences
  • Sugar tax regulation to potentially influence RTD tea’s performance
COMPETITIVE LANDSCAPE
  • Tan Hiep Phat Group continues to lead RTD tea despite competitive pressures
  • International Food Industry’s dynamic growth driven by reduced sugar option
  • Smaller players continue to enter competitive landscape
CHANNELS
  • Share of small local grocers gradually being eroded
  • Strong growth and share gain for retail e-commerce
CATEGORY DATA
  • Table 1 Off-trade Sales of RTD Tea by Category: Volume 2020-2025
  • Table 2 Off-trade Sales of RTD Tea by Category: Value 2020-2025
  • Table 3 Off-trade Sales of RTD Tea by Category: % Volume Growth 2020-2025
  • Table 4 Off-trade Sales of RTD Tea by Category: % Value Growth 2020-2025
  • Table 5 Leading Flavours for Off-trade RTD Tea: % Volume 2020-2025
  • Table 6 NBO Company Shares of Off-trade RTD Tea: % Volume 2021-2025
  • Table 7 LBN Brand Shares of Off-trade RTD Tea: % Volume 2022-2025
  • Table 8 NBO Company Shares of Off-trade RTD Tea: % Value 2021-2025
  • Table 9 LBN Brand Shares of Off-trade RTD Tea: % Value 2022-2025
  • Table 10 Forecast Off-trade Sales of RTD Tea by Category: Volume 2025-2030
  • Table 11 Forecast Off-trade Sales of RTD Tea by Category: Value 2025-2030
  • Table 12 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2025-2030
  • Table 13 Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMERSOFT DRINKS IN VIETNAM
EXECUTIVE SUMMARY
  • Innovating for growth amidst economic caution and health trends
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
  • Resilience for soft drinks despite economic pressures
  • Multi-packs and larger bottles favoured for greater savings
  • Premium-positioned carbonated soft drink Cela focuses on functionality
  • Rising health concerns drive up sales of reduced sugar options
WHAT’S NEXT?
  • On-trade to remain dynamic channel, while sugar tax is likely to marginally impact pricing and consumers’ decisions
  • Sustainability efforts to increasingly shape future development
COMPETITIVE LANDSCAPE
  • Suntory PepsiCo retains leadership with wide portfolio and marketing efforts
  • Masan Group benefits from partnership with major football club
CHANNELS
  • Proximity to neighbourhoods drives popularity of small local grocers
  • Retail e-commerce makes further share gains in 2025
  • Foodservice vs retail split
MARKET DATA
  • Table 14 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2020-2025
  • Table 15 Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2020-2025
  • Table 16 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2020-2025
  • Table 17 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2020-2025
  • Table 18 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2025
  • Table 19 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2025
  • Table 20 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2025
  • Table 21 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2025
  • Table 22 Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2020-2025
  • Table 23 Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2020-2025
  • Table 24 Off-trade Sales of Soft Drinks by Category: Value 2020-2025
  • Table 25 Off-trade Sales of Soft Drinks by Category: % Value Growth 2020-2025
  • Table 26 Sales of Soft Drinks by Total Fountain On-trade: Volume 2020-2025
  • Table 27 Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2020-2025
  • Table 28 NBO Company Shares of Total Soft Drinks (RTD): % Volume 2021-2025
  • Table 29 LBN Brand Shares of Total Soft Drinks (RTD): % Volume 2022-2025
  • Table 30 NBO Company Shares of On-trade Soft Drinks (RTD): % Volume 2021-2025
  • Table 31 LBN Brand Shares of On-trade Soft Drinks (RTD): % Volume 2022-2025
  • Table 32 NBO Company Shares of Off-trade Soft Drinks (RTD): % Volume 2021-2025
  • Table 33 LBN Brand Shares of Off-trade Soft Drinks (RTD): % Volume 2022-2025
  • Table 34 NBO Company Shares of Off-trade Soft Drinks: % Value 2021-2025
  • Table 35 LBN Brand Shares of Off-trade Soft Drinks: % Value 2022-2025
  • Table 36 Penetration of Private Label in Off-trade Soft Drinks (RTD) by Category: % Volume 2020-2025
  • Table 37 Penetration of Private Label in Off-trade Soft Drinks by Category: % Value 2020-2025
  • Table 38 Distribution of Off-trade Soft Drinks (as sold) by Format: % Volume 2020-2025
  • Table 39 Distribution of Off-trade Soft Drinks (as sold) by Format and Category: % Volume 2025
  • Table 40 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: Volume 2025-2030
  • Table 41 Forecast Off-trade vs On-trade Sales of Soft Drinks (RTD) by Channel: % Volume Growth 2025-2030
  • Table 42 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2025-2030
  • Table 43 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2025-2030
  • Table 44 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: Volume 2025-2030
  • Table 45 Forecast Off-trade Sales of Soft Drinks (RTD) by Category: % Volume Growth 2025-2030
  • Table 46 Forecast Off-trade Sales of Soft Drinks by Category: Value 2025-2030
  • Table 47 Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2025-2030
  • Table 48 Forecast Sales of Soft Drinks by Total Fountain On-trade: Volume 2025-2030
  • Table 49 Forecast Sales of Soft Drinks by Total Fountain On-trade: % Volume Growth 2025-2030
APPENDIX
  • Fountain sales in Vietnam
COUNTRY REPORTS DISCLAIMER
SOURCES
  • Summary 1 Research Sources