Euromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals. These are countries, nearly entirely in the developed world, where … Nestle Vietnam also introduced Nescafe Gold instant coffee in Cappucino and Latte Macchiato, to cater to consumers who prefer a more Western flavour. The roasted and instant coffee market has annual revenue of up to VND20 trillion. In 2016, specialist coffee shops were the fastest growing major restaurant category in terms of global sales, increasing 9.1% from 2014-2015 according to Euromonitor International data. Who are the consumers of RTD coffee in Vietnam? Coffee chains are focusing on a new tasting trend. We use cookies to improve the functionality of the site and to ensure you are given the best experience. India will lead growth in the retail market for instant coffee in Asia, increasing almost 12% a year to top $850 million in 2024, according to Euromonitor International. Modern grocery retailers continued to expand over the latter part of the review period in Vietnam. Although specialist coffee and tea shops overall saw stronger value growth in 2019 than it did in the previous year, the growth was driven by chained coffee and tea specialists; independent specialists saw slower growth in 2019. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! VAT No. Vietnam will surmount difficulties in Q4: Cabinet press conference . This is followed by The market value of the retail coffee sector in the world is estimated at $ 70.68 billion (2011) (Euromonitor). exports to Vietnam in order to understand how this aligns with the dynamics of Vietnam’s food market and to identify the areas of immediate opportunity. La Specialty Coffee Association a récemment publié une version actualisée de la carte d’Europe du café, fruit d’un long travail d’analyse d’Euromonitor.Cette synthèse, sous forme de deux infographies (nombre de cafés/coffee shops et revenus des ventes au détail par pays) offre des enseignements intéressants sur l’évolution de la consommation durant ces dernières années. Learn More. Introducing enhanced country reports featuring interactive datagraphics, charts and analysis. The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries. Global real GDP is still expected to contract by almost 5.0% in 2020 (a 3.7-5.7% decline), with a growth rebound above 5.0% in 2021 (with a plausible range of 3.5-6.5% growth). Hot Drinks in Vietnam has complete details about market of industry, analysis and current trends. The middle class is growing in Vietnam, and the market for specialty coffee and tea shops in Vietnam is worth more than $1 billion, according to Euromonitor International. Euromonitor International's Coffee in Vietnam report offers a comprehensive guide to the size and shape of the market at a national level. Euromonitor International's RTD Coffee in Vietnam report offers a comprehensive guide to the size and shape of the market at a national level. Newswire FnB Vietnam clarified the franchise fee for numerous café chains in Vietnam. Gain competitive intelligence about market leaders, Track key industry trends, opportunities and threats, Inform your marketing, brand, strategy and market development, sales and supply functions. Highlands Coffee . Nevertheless, the direct impact... US$990 Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and … Nestle faces new coffee rival as Vietnam targets instant market. Inform your marketing, brand, strategy and market development, sales and supply functions. Foodservice volume growth of coffee started outpacing that of retail coffee late in the review period, from 2017 onward, as retail coffee has faced strong competition from the rising number of coffee shops and coffee street vendors. Starbucks have opened Reserve outlets to offer a wider range of coffee beans for customers to choose from, while local chain The Coffee House also opened The Coffee House Signature outlet last year with a similar concept, Euromonitor added. Subscribe to our content! It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. GB: 239-2559-40 Registered in England No. Consumer consumption of coffee and tea is often thought to have an inverse relationship: consumers who drink a lot of coffee are unlikely to drink much tea, and vice versus. Thinking of the coffee market in terms of these four types reveals insights not possible using more traditional groupings like geographic region. In the export market, the report of economic analysis and … A report by BMI Research in late 2017 showed that in 2005-2015, annual Vietnamese coffee consumption increased 3.5 times from 0.43 kilograms per head to 1.38 kilograms. NESCAFÉ Plan in Vietnam marks 10 years of sustainable coffee production . Euromonitor International Research Reports Involved in publishing, market research, business reference and online information systems for over 40 years, Euromonitor International is recognized as a leading - Market research report and industry analysis - 746 Of purchase at RMIT Vietnam, this slowdown provides opportunities for the US coffee market Vietnam. Than 100 million dropped heavily in 2020 shops in Vietnam has complete details about market of,! Chains fairing against multinational chains to reach US $ 438.6m in 2020 chains are focusing on a tasting., as did the second-placed player, Viet Thai International JSC share in 2019 company in... 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