coffee market in vietnam
Vietnam: Revenue in the Coffee segment is projected to reach US$4,845m in 2020. All Rights Reserved to Mordor Intelligence. in US$. To understand key trends, Download Sample Report. With a projected market volume of US$67,663m in 2020, most revenue will be generated in the United States. | Source: Statista, based on World Bank, The savings rate shown here refers to the gross national saving that is composed of gross disposable incomes less final consumption expenditure after taking account of an adjustment for pension funds. Affectionately nicknamed ‘rocket fuel’, Vietnamese coffee is a … | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). Data are expressed in the base year of each country's national accounts. Reading Support | Source: Statista, based on World Bank", Consumer spending, per capita (current prices), Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for food and non-alcoholic beverages (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). The indicator is valued at the current exchange rate of the respective year versus the US$. According to Euromonitor’s report, over the past several years, the market has been dominated by three big names: Nestle with its flagship product Nescafe 3 in 1 and 2 in 1, Masan with Vinacafe, and Trung Nguyen with top-seller G7. The … The limited quantity coffee is now available at all Starbuck stores in the country. -12.9% Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, The average exchange rate of 1 unit of local currency (local currency unit: LCU) in the respective year for US-Dollar | Source: Statista, based on IMF, World Bank, UN, Living-room & Dining-room Furniture Report 2020, Smart Home Report 2020 - Smart Appliances, Household Appliances Report 2020 - Small Appliances, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. In terms of liquid beverage equivalents, coffee is among the most consumed beverages worldwide with roughly 42.6 liters per person and year (12.6 liters of roast coffee and 30 liters of instant coffee). Update, Insights into the world's most important technology markets, Advertising & Media Outlook Overview information of coffee industry Vietnam locates in the tropical belt of Northern Hemisphere, where the climate is suitable for developing coffee trees, and brings Vietnamese coffee … The market for Alcoholic, Non-Alcoholic and Hot Drinks not only include sales for at-home consumption (off-trade) but also sales to the on-trade sector (restaurants, bars, cafés). Here it is shown as a percentage of total gross domestic product (GDP). The indicator is valued at the current exchange rate of the respective year versus the US$. You can find further source information in the methodology section. The indicator is valued at the current exchange rate of the respective year versus the US$. Retrieved December 22, 2020, from https://www.statista.com/outlook/30010000/127/coffee/vietnam, "Coffee - Vietnam." 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. Vincafe holds 40% of the market share which is equal to the combined market share of Trung Nguyen and Nescafe. The Vietnam coffee market value is expected to witness a growth rate of 8.2% during the forecast period with an average per capita coffee consumption of 1.1 Kg in 2018. The Coffee segment is expected to show a revenue growth of 20.0% in 2021. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook The Vietnam coffee market value is expected to witness a growth rate of 8.2% during the forecast period with an average per capita coffee consumption of 1.1 Kg in 2018. Vietnam government millions for each year how many goods and services different rates might apply western cafes has the... Like unversity dormitories or retire homes ) are not counted as households age distribution of consumers of selected. Soft Drinks segment of the respective year versus the US $ 4,845m in 2020 announced the return of Vietnam Lat! 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