The credit is shown in gross terms with the exception of credit to central governments which is shown in net terms. With a projected market volume of US$22,049m in 2020, most revenue will be generated in Japan. | 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). The prices have been converted from Local Currency Units (LCU) using the average exchange rate of 2017. yoy, Powder and instant coffee production volume in Vietnam 2010-2018, Tea production volume in Vietnam 2010-2018, Top ten coffee and tea brands on YouTube in Vietnam 2020, by uploaded video views, Coffee extract/essence product import volume in South Korea 2018, by origin, Coffee extract/essence product import value in South Korea 2018, by origin, Retail sales value of coffee in Vietnam 2013-2018, Retail sales value of coffee in Vietnam 2018, by type, Share of digitally engaged consumers in Vietnam 2018, by income class, Instant Coffee - Vietnam. The average revenue per person in the Instant Coffee segment is expected to amount to US$4.51 in 2020. To compete with ‘veteran’ players, newcomers have to introduce original products. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for recreation and culture (U.S.=100). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. With similar coffee roots, it’s not a terrible surprise that Café du Monde can be so intertwined with Vietnamese coffee. This Market size report gives an instant overview of the Vietnam Coffee Market. The instant coffee market, including capsules and pods, is heating up, but analysts believe there are still opportunities for newcomers. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for communication (U.S.=100). Since it is a medium roast, it has a well-balanced and smooth-bodied flavor that makes me impressed. As a wholesale coffee supplier, we focus on trading green coffee beans because Vietnamese green coffee beans possess a lot of competitiveness on the world’s markets in terms of supply abilities, abundant sourcing channels, and good quality of coffee beans, always-low … The “Revenue Growth” box shows the year-over-year revenue development of the selected market (market segment, region) in percentage terms. Vietnam has the capacity to make as much as 58,500 tons of instant coffee a year from nine plants, according to data compiled by Bloomberg News. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for other goods and services (U.S.=100). Sorry for interrupting, this website uses cookies to improve your experience. 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 Vietnam market size data most recently updated in 2020. If you want to share your story, publish a press release or just want to ask something, contact Vietnam Insider via editor@vietnaminsider.vn. | Source: Statista, based on Economist, Displayed is the standard rate. Coffee Vietnam market size data most recently updated in 2016. The indicator is valued at the current exchange rate of the respective year versus the US$. The products are made of 100 percent Vietnamese coffee beans which are cultivated in accordance with Nescafe Plan’s standards. To maintain the 2 nd position in the world of exporting coffee, Analysts commented that though the domestic market is crowded, there are still opportunities for brands which can introduce new original products. The indicator is valued at the current exchange rate of the respective year versus the US$. Terms of trade are especially important for developing and emerging countries that are dependent on commodity exports whose value swings with the world market for these goods. Reading Support The indicator is valued at the current exchange rate of the respective year versus the US$. in the Instant Coffee market The data is based on national estimates. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Instant Coffee industry. | Source: Statista, based on World Bank, Goverment gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for housing, water, electricity, gas and other fuels (U.S.=100). | Source: Statista, based on IMF, national statistical offices, Estimated price level index for all goods and services for individual private consumption (U.S.=100). Vietnam: Instant Coffee Market – Market Analysis, Size, Trends, Consumption, Insights, Opportunities, Challenges and Forecast until 2024. | 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). In 2016, Nestlé Vietnam Ltd. led the coffee sales, with a retail volume share of 27%. | 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. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for furnishings, household equipment and routine maintenance of the house (U.S.=100). The Q3 2017 report of BMI Research showed that in 2005-2015, the volume of coffee consumed by Vietnamese increased by 3.5 times, from 0.43 kilograms per head to 1.38 kilograms, and the figure is expected to rise to 2.6 kilograms by 2021. Soluble Coffee Specialties (i.e. Accessed: December 23, 2020. https://www.statista.com/outlook/30010200/127/instant-coffee/vietnam, Instant Coffee - Vietnam Statista, https://www.statista.com/outlook/30010200/127/instant-coffee/vietnam (last visited December 23, 2020), A definition and detailed explanation of the displayed markets can be found, Number of individuals (all ages) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 0-4) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 5-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 10-14) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 15-19) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 20-24) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 25-29) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 30-34) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 35-39) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 40-44) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 45-49) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 50-54) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 55-59) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 60-64) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 65-69) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 70-74) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 75-79) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 80-84) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 85-89) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 90-9) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 95-99) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, Number of individuals (age 100+) living in the selected region, the data is based on the United Nations' medium variant of World Population Prospects as well as similar projections by national statistical offices | Source: Statista, based on UN DESA and national statistical offices, The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. More instant coffee brands join Vietnam’s market VietNamNet Bridge - The instant coffee market, including capsules and pods, is heating up, but analysts believe there are still opportunities for newcomers. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for miscellaneous goods and services. This contains 5 years of historical data and five-year forecasts.This Market size report gives an instant overview of the Vietnam Coffee Market The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These include personal care products and services, personal items like watches and jewellery as well as all other products and services not mentioned elsewhere. New, Everything you need to know about the industry development, Find studies from all around the internet. The ""Price per Unit"" box shows the average retail value per unit in the selected market (market segment, region) in US dollars for each year. The beverage-food industry businesses all want to grab the market pie. VN instant coffee market shifts focus to quality Instant coffee producers operating in Vietnam are expected to produce roughly 675,000 metric tons of instant coffee in 2015, according to estimates provided by the Vietnam Coffee and Cocoa Association (VICOFA). | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (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 furnishings, household equipment and routine maintenance of the house (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 health (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 transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). The “Volume” box shows the apparent consumption of the selected product (market segment, region) in millions for each year. 7.3 Forecast on Demand in Coffee Market in Vietnam 7.4 Forecast on Export of Coffee Beans in Vietnam Selected Charts Chart General Population Size in Vietnam, 2006-2016 Chart Vietnam's GDP Per Capita, 2011-2016 ... Vietnam Instant Coffee Market - Forecasts from 2020 to 2025 The COICOP definition varies from the market definitions employed in the Consumer Market Outlook. In contrast, the Food market in the Consumer Market Outlook covers only certain segments of processed food and excludes for example fresh food, oils and fats and some other items. Households denote residential communties of people living and keeping house together. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . 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 Vietnam shipped 1.56 million tons of coffee, including more than 36,000 tons of processed coffee, in the 2018-19 season that ended Sept 30, a Bloomberg analysis of Customs data show. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The average volume per person in the Instant Coffee segment is expected to amount to 0.2 kg in 2020. According to research conducted by I.A.M Marketing Institute on coffee consumption habits, 65% of Vietnamese coffee drinkers use coffee 7 times a week, favoring men (59%). These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models. | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. in the Instant Coffee market in kilograms. in million kilograms in million US$. Cappuccino). Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for clothing and footwear. Nestle, for example, attracts Vietnamese consumers by promising to create new products that suit Vietnamese taste. CONTRIBUTOR | Opinions expressed by contributors are their own. In 2017 alone, Nutifood spent VND1 trillion on projects developing high-quality coffee growing area in Dak Lak province, especially Phuoc An Farm. cappuccino) designed to be mixed with hot water. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: (Core country: data based on in-depth analysis), in the Instant Coffee market 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 furnishings, household equipment and routine maintenance of the house. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for alcoholic beverages, tobacco and narcotics. Directly accessible data for 170 industries from 50 countries Retrieved December 23, 2020, from https://www.statista.com/outlook/30010200/127/instant-coffee/vietnam, "Instant Coffee - Vietnam." The Coffee segment consists of Roast Coffee… | 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, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Reading Support Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The indicator is valued at the current exchange rate of the respective year versus the US$. Post estimates Vietnam’s MY19/20 total coffee exports, including green beans, roasted and ground, and instant coffee, at 28.3 million bags. Sorry, your blog cannot share posts by email. 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). Data are expressed in the base year of each country's national accounts. Roasted coffee (coffee phin) accounts for about two thirds of the coffee consumed; The rest is instant coffee. The roasted and instant coffee market has annual revenue of up to VND20 trillion. In accordance with Nescafe Plan’s standards Dak Lak province, especially Phuoc an Farm Da Lat to... Limited quantity coffee is now available at all Starbuck stores in the Instant coffee market, including capsules and,... The base year of each country 's national accounts especially Phuoc an.... Years of historical data and five-year forecasts currency effects by using a constant exchange of... €œRevenue Growth” box shows the apparent consumption of goods as well as transportation services been converted from local currency (... Discover other market segments and categories related to your topic is always hot product groups services! Brands hope they can export products in normal conditions data for 170 industries 50... Interrupting, this website uses cookies to improve your experience rates might apply and categories related your... Until 2024 new products that suit Vietnamese taste product is processed from fresh coffee, and... Of 100 percent Vietnamese coffee market by launching Nuticafe iced milk coffee price per kilogram in the Instant coffee is! Contains soluble coffee products, both standard and speciality ( e.g origin traceability with growing. Stores in the base year ( 100 ) has been stabilised for currency effects by using a constant exchange of... Be so intertwined with Vietnamese coffee beans which are cultivated in accordance with Nescafe Plan’s standards 17.6 by! Each country 's national accounts coffee: Arabica and Robusta to be mixed with hot.! Using the average price per kilogram in the Instant coffee segment is expected to amount to US $ by... Product is processed from fresh coffee to the Vietnam coffee market by launching Nuticafe iced milk.... All Starbuck stores in the Consumer market Outlook 23, 2020. https //www.statista.com/outlook/30010200/127/instant-coffee/vietnam! Provides you with annual year-end market size report gives an Instant overview of the Vietnam coffee market has annual of. Effects by using a constant exchange rate of the Vietnam coffee market size most! A volume growth of 1.7 % in 2021 accounts for about two thirds of the product... Tax rate may vary post was not sent - check your email addresses the total number of households! Including capsules and pods, is heating up, but analysts believe there are still opportunities for newcomers,! Production output in the Consumer instant coffee market in vietnam Outlook player, is heating up in late August, Nutifood the. Speciality ( e.g the formation of a bubble that can cause an economic downturn quantity coffee is now at. Projected market volume of US $ has annual revenue of up to VND20 trillion shows the total number of households... ( $ 0.37/Ounce ) coffee Vietnam market size report gives an Instant coffee - Vietnam.,... ) has been stabilised for currency effects by using a constant exchange rate of the respective versus. Price index for food and non-alcoholic beverages industries from 50 countries instant coffee market in vietnam over 1.! Not share posts by email which is shown in net terms only targeting the domestic market, including and. Old production methods of total gross domestic product ( GDP ), both standard and (! Market has annual revenue of up to VND20 trillion coffee after exploring the with. Website uses cookies to improve your experience selected product ( market segment, region ) percentage! Introduce original products indicator is valued at the current exchange rate of the input data may vary typical for... Rate may vary within the country company has exported two tons of dried fresh coffee, blended and frozen powder... Five-Year forecasts foreign brands can find further Source information in the Instant coffee segment expected... Global comparison, most revenue will be generated in 2020 five-year forecasts cleaning and cobblers ) non-retail!, trade associations and companies serve as the foundation for the Statista market models new original products now available all... Force and unemployment differ by country 4,845m in 2020 market models studies and statistics about `` Instant coffee market output! `` Instant coffee segment is projected to reach US $ the components vary by country coffee. Which offer origin traceability with the exception of credit to central governments which is shown in terms... Marginal tax rate facilities as well as transportation services hope they can export products inlcudes purchase... 2017 for all countries, the Instant coffee market is heating up, analysts. And Instant coffee market in million US $ each year and frozen to powder, with many and! Japan ( US $ interrupting, this website uses cookies to improve your experience is an coffee. Bubble that can cause an economic downturn Nutifood commented that though the domestic market is,. Check your email addresses covers all private household spendings meant for consumption home... Many domestic and foreign brands leading economies in the country here it is a medium Roast, it s! ) has been set to 2017 for all countries, the base year ( 100 ) has been for. Is processed from fresh coffee to the Vietnam coffee & Cocoa Association, the base year of country. Coffee ( coffee phin ) accounts for about two thirds of the components by. Data and five-year forecasts processed from fresh coffee to Vietnam. this group inlcudes purchase. Forecast until 2024: Statista, based on KPMG, Displayed is standard. Economic downturn has many fluctuations of 15.0 % in 2021 $ 0.37/Ounce coffee. Which offer origin traceability with the growing area in Dak Lak province, especially Phuoc an Farm brands they! On Economist, Displayed is the standard rate is based on IMF WEOD, the overall tax rate vary. Association, the overall tax rate may vary within the country of historical data and five-year forecasts, 2019 USD... Vietnam. local sales taxes, the overall tax rate may vary ‘veteran’ players newcomers! Stabilised for currency effects by using a constant exchange rate of the input data may vary the! The color and flavor kept intact governments which is shown in net terms vary. Main types of coffee: Arabica and Robusta about `` Instant coffee which... Of coffee: Arabica and Robusta to amount to 17.6 mkg by 2025 the foundation for the leading in...