The Vietnam Coffee market includes the company profiles of Nestle, Bien Hoa Vinacafé Joint Stock Company, Len's Coffee LLC, Starbucks Coffee Company, Phuc Long Trading Production Company Limited, Anni Coffee, 4.3.2 Bargaining Power of Buyers/Consumers, 6.4.2 Bien Hoa Vinacafe Joint Stock Company, 6.4.5 Phuc Long Trading Production Company Limited, 7. This 10-year strategy aimed to advance sustainable, large-scale agricultural productivity, quality and competitiveness to achieve national food security and sustainable economic growth. and over 1 Mio. The strategies adopted by these companies like brand imaging and expansion is further going to help these players to dominate the market during the forecast period. | Source: Statista, based on IMF WEOD, Share of income that accrues to the income group of the highest 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the second 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the third 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the fourth 20% | Source: Statista, based on World Bank, Share of income that accrues to the income group of the lowest 20% | Source: Statista, based on World Bank, "The Gini index measures the income distribution among individuals or households within an economy on a scale from 0 to 100. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for communication. The data is based on Statista's Global Consumer Survey. January 2018 - Starbucks has announced the return of Vietnam Da Lat coffee to Vietnam. Vietnam is the world’s second largest producer and exporter of coffee. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year. In this regard, tea boasts a larger amount (85 liters in beverage equivalents per person and year), but in terms of value, coffee is much bigger as more coffee powder than tea is used per liter of beverage. The average revenue per person in the Coffee segment is expected to amount to US$49.78 in 2020. The markets for Alcoholic, Non-Alcoholic and Hot Drinks in turn not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). All the important data on the Coffee market, including market size, forecasts, and regional comparisons, Consumption data, trends, and distribution channels (online/offline), Information about the most relevant players. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The data is based on national estimates. in percent. Farmers in the Central Highlands, Vietnam's largest coffee-growing area, sold coffee at 33,200 dong ($1.43) per kg, compared with last week's 32,400-34,000 dong range. Nguyen The Long of the Vietnam Institute of Policy and Strategy for Agriculture and Rural Development emphasized the need for a long-term strategy, a roadmap, and an integrated system for Vietnam’s coffee industry. The Vietnamese coffee market is divided into two distinct segments. The weights of the components vary by country according to local consumption patterns. Until 2024, the coffee market in Vietnam is forecast to reach 1.21 billion USD (in retail prices), thus increasing at a CAGR of 9.86% per annum for the period 2019-2024. in the Coffee market | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for clothing and footwear (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Soluble coffee is enjoying light growth because of the increasing number of western expatriates living in the big cities in Vietnam. [1] In 2016, Nestle Vietnam … | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for communication (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for recreation and culture (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for education (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for restaurants and hotels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for miscellaneous goods and services (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). Reading Support To understand geography trends, Download Sample Report. The … Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Reading Support With a projected market volume of US$67,663m in 2020, most revenue will be generated in the United States. This report mentions mainly coffee species for export of Vietnam, coffee Arabica, Robusta and Chari. Probably because of that, the instant coffee market in Vietnam is always hot. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data (GDP deflator). Vietnam's thriving coffee industry Coffee is much more than just a caffeine kick in Vietnam -- it's a way of life. Reading Support | Source: Statista, based on IMF, The indicator shows the share of unemployed people in the selected region, defined as persons without work that seek employment, as a percentage of the total labor force. In particular, Vinacafe and G7 are 2 Vietnamese brands, while Nescafe is a Swiss brand. The average per capita consumption will stand at 1.3 kg in 2020. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for clothing and footwear. The indicator is valued at the current exchange rate of the respective year versus the US$. In 2016, Nestle Vietnam Ltd. led the coffee sales, with a retail volume share of 27%. Markets Asia Coffee-Vietnam supply steady but trade subdued, Indonesia quiet Rabobank on Monday expected Vietnam's production in 2021/22 … Accessed December 22, 2020. https://www.statista.com/outlook/30010000/127/coffee/vietnam, Coffee - Vietnam. The beverage-food industry businesses all want to grab the market pie. According to International Coffee Orgnisation, Veitnam showed a steady  per capita soluble coffee consumption  among millinneal when compared to other Asian Countries over the last decade. Reading Support The Vietnam Coffee Market business development trends and selling channels square measure analyzed. Vietnam is one of the world’s fastest growing coffee markets, trailing only behind Indonesia, Turkey and India. Vincafe holds 40% of the market share which is equal to the combined market share of Trung Nguyen and Nescafe. Meanwhile, coffee processing devices and facilities made in Vietnam are sold to the domestic and foreign markets. Reading Support Here you can find more studies and statistics about "Coffee". bars and restaurants). 74.8% of domestic coffee consumption is roast and ground coffee products, and 10.2% are instant coffee products. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for alcoholic beverages, tobacco and narcotics (U.S.=100). In relation to total population figures, per person revenues of US$49.78 will be generated in 2020. | Source: Statista, based on World Bank, The savings rate shown here refers to the gross national saving that is composed of gross disposable incomes less final consumption expenditure after taking account of an adjustment for pension funds. You can only download this statistic if you are a Corporate Account user. The NVA framework was incorporated into the national agriculture strategy in November 2011 by the Vietnam government. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for health (U.S.=100). Likewise, for some product groups and services different rates might apply. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Vinacafe Bien Hoa and domestic companies such as Trung Nguyen in Ho Chi Minh City, which produces, processes and distributes coffee, and Viet Thai International (Highland Coffee), the Hanoi-based Vietnamese coffee chain and producer and distributor of coffee products, continue to dominate coffee sales in Vietnam due to their strong brand reputation and wide distribution network. At home consumption on the other hand covers sales via retail stores (e.g. The indicator is valued at the current exchange rate of the respective year versus the US$. Gaps filled with next higher COICOP position. in the Coffee market July 2018 - Nestle inaugurated a new Nescafe Dolce Gusto capsule production line in Dong Nai Province, Vietnam. in bars and restaurants). The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. Data are expressed in the base year of each country's national accounts. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. Coffee businesses need to diversify and improve the quality of their products to be able to compete in the world market while growers must comply with standards of sustainable … A substantial demand for the cheap Vietnam coffee has been witnessed in the emerging markets of Asia where the consumer is shifting from the traditional beverage, tea. Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. Reading Support Instant Coffee Market Overview: According to the International Coffee Organization, coffee exports in the initial half of coffee year 2018 to 2019 (October 2018 to March 2019) witnessed an increment of 4.1% over the same period in 2017 to 2018, taking the total shipment to 63.15 million bags compared to the 60.63 million bags shipped during the same tenure in 2017 to 2018. 4,407M in 2020, from https: //www.statista.com/outlook/30010000/127/coffee/vietnam, `` coffee - Vietnam. will... 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