Vietnam soft drinks

vietnam beverage association

Euromonitor International Local Company Profiles In the same way, bringing young Vietnamese products to foreign markets and letting them compete with established multinational brands is very challenging.

While the soft drinks market is teeming with foreign firms, Tan Hiep Phat managed to brandish its claws and not only operates successfully in Vietnam but also exports products to 20 foreign markets.

Active year for new product development With the competitive landscape of soft drinks becoming more competitive inmost players were focusing on new product development as they looked to stress the uniqueness of their products.

Vietnam soft drinks

According to Mr. Educators are also requested to find ways to raise awareness on healthy diets and exercise, such as improving the quality of school meals and encouraging children to drink more milk instead of fizzy beverages. There are opportunities for manufacturers to convert interest into consumption through more targeted innovation. Overweight and obesity are causes for many non-communicable diseases such as cardiovascular diseases, hypertension, stroke, atherosclerosis and coronary artery, and risk of type 2 diabetes and some cancers like gallbladder, breast, colon, prostate and kidney. In the same way, bringing young Vietnamese products to foreign markets and letting them compete with established multinational brands is very challenging. Many consumers, Mr Viet noted, will most likely exercise prudence in making purchasing decisions, particularly when it comes to non- alcoholic soft drinks such as carbonated sodas. Many consumers are acquiring greater knowledge about the negative impact on their health in terms of their food and drink choices. Second placed Suntory PepsiCo has maintained its broad-based standing in Vietnam in with a wide range of products. Suntory Beverage has a strong sales channel in the south, but will use this upgrade as an opportunity to extend its network to the north and central parts of Vietnam. Gain competitive intelligence about market leaders. Over recent years, Vietnamese customers have become increasingly aware of health and wellness products due to diabetes, high blood pressure and cancer being on the rise in Vietnam, said Mr Viet. Soft drinks have great growth potential due to the shift to higher value consumption. When you purchase this report, you also get the data and the content from these category reports in Vietnam for free:.

Market size is based on retail off trade and non-retail on trade sales. Overview Why buy this report? Domestic sector companies have struggled to compete with their foreign counterparts primarily due to lack of working, equity and human capital, said Nguyen Van Viet, chair of the Association.

What is Suntory Beverage has a strong sales channel in the south, but will use this upgrade as an opportunity to extend its network to the north and central parts of Vietnam.

Moreover, many people find BFY variants to have a less pleasant taste as compared to standard beverages. When you purchase this report, you also get the data and the content from these category reports in Vietnam for free:.

Many consumers are acquiring greater knowledge about the negative impact on their health in terms of their food and drink choices.

beverage consumption in vietnam

Soft drinks continues to record a strong performance in Vietnam Insoft drinks continued to record good growth in both volume and value sales in Vietnam.

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Soft drinks see hard competition