Vietnam Chocolate Market Report by Product Type (White Chocolate, Milk Chocolate, Dark Chocolate, and Others), Product Form (Molded, Countlines, and Others), Application (Food Products, Beverages, and Others), Pricing (Everyday Chocolate, Premium Chocolate, Seasonal Chocolate), Distribution (Direct Sales (B2B), Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032

Vietnam Chocolate Market Report by Product Type (White Chocolate, Milk Chocolate, Dark Chocolate, and Others), Product Form (Molded, Countlines, and Others), Application (Food Products, Beverages, and Others), Pricing (Everyday Chocolate, Premium Chocolate, Seasonal Chocolate), Distribution (Direct Sales (B2B), Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A19475
Buy Now

Market Overview:

Vietnam chocolate market size is projected to exhibit a growth rate (CAGR) of 3.83% during 2024-2032. The growing demand for high-quality and artisanal variants with ethically sourced ingredients, increasing advent of smart packaging with quick response (QR) codes and augmented reality (AR) elements, and rising number of e-commerce brands selling unique products represent some of the key factors driving the market.

Report Attribute
 Key Statistics                   
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Growth Rate (2024-2032) 3.83%


Chocolate is a sweet edible component made from cacao beans, typically in the form of cocoa solids, cocoa butter, sugar, and milk solids. It comprises high cocoa content, minimal sugar and dark chocolate, which is known for its deep, intense flavor and potential health benefits. It also consists of milk chocolate, which is creamy and sweet due to the presence of milk solids. It includes ruby chocolate, which has a natural pink hue and a unique berry-like flavor. It exhibits a wide range of flavors, which depend on the cacao content and the presence of other ingredients. It can be smooth or have a velvet-like texture like a truffle or crunchy. Chocolate is rich in antioxidants, such as flavonoids, which may have health benefits like improving heart health and reducing inflammation. It contains compounds that may trigger the release of endorphins, promoting feelings of pleasure and reducing stress. It also contains caffeine, which can provide a quick energy boost. It is often incorporated with other ingredients like oats, dry fruits, and nuts to make energy bars.

Vietnam Chocolate Market Trends:

At present, the premiumization of chocolate products, driven by an increasing consumer penchant for high-quality, artisanal, and ethically sourced ingredients, represents one of the crucial factors impelling the growth of the market in Vietnam. Besides this, the rising utilization of chocolate to prepare a wide variety of desserts like cakes, cookies, muffins, croissants, pastries, mousse, and bars is contributing to the market growth. In addition, the growing number of e-commerce chocolate brands selling unique chocolate products and delivering them to the doorstep of buyers is offering a favorable market outlook in the country. Apart from this, the sustainable and ethical sourcing of cocoa is becoming an imperative driver as people demand greater transparency and accountability in the supply chain, pressuring manufacturers to adopt responsible practices, such as fair trade and environment friendly sourcing. Additionally, the rising incorporation of cutting-edge technology in production processes to improve the efficiency and consistency of chocolate manufacturing and allow for the creation of novel chocolate forms, such as 3D-printed chocolates, personalized chocolates, and chocolate-flavored 3D-printed confections, is supporting the market growth in the country. Moreover, the advent of smart packaging with quick response (QR) codes and augmented reality (AR) elements enhances the consumer experience, providing valuable information about the origin, quality, and usage of the product while also fostering brand loyalty and engagement in the country.

Vietnam Chocolate Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, product form, application, pricing, and distribution.

Product Type Insights:

Vietnam Chocolate Market Report

  • White Chocolate
  • Milk Chocolate
  • Dark Chocolate
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the product type. This includes white chocolate, milk chocolate, dark chocolate, and others.

Product Form Insights:

  • Molded
  • Countlines
  • Others
     

A detailed breakup and analysis of the market based on the product form have also been provided in the report. This includes molded, countlines, and others.

Application Insights:

  • Food Products 
    • Bakery Products
    • Sugar Confectionary
    • Desserts
    • Others
  • Beverages
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the application. This includes food products (bakery products, sugar confectionary, desserts, and others), beverages, and others.

Pricing Insights:

  • Everyday Chocolate
  • Premium Chocolate
  • Seasonal Chocolate
     

A detailed breakup and analysis of the market based on the pricing have also been provided in the report. This includes everyday chocolate, premium chocolate, and seasonal chocolate.

Distribution Insights:

  • Direct Sales (B2B)
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others
     

The report has provided a detailed breakup and analysis of the market based on the distribution. This includes direct sales (B2B), supermarkets and hypermarkets, convenience stores, online stores, and others.

Regional Insights:

Vietnam Chocolate Market Report

  • Northern Vietnam
  • Central Vietnam
  • Southern Vietnam
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Chocolate Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Product Type
  • Product Form
  • Application
  • Pricing
  • Distribution
  • Region 
Product Types Covered White Chocolate, Milk Chocolate, Dark Chocolate, Others
Product Forms Covered Molded, Countlines, Others
Applications Covered
  • Food Products: Bakery Products, Sugar Confectionary, Desserts, Others
  • Beverages
  • Others
Pricings Covered Everyday Chocolate, Premium Chocolate, Seasonal Chocolate
Distributions Covered Direct Sales (B2B), Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others
Regions Covered Northern Vietnam, Central Vietnam, Southern Vietnam
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the Vietnam chocolate market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Vietnam chocolate market?
  • What is the breakup of the Vietnam chocolate market on the basis of product type?
  • What is the breakup of the Vietnam chocolate market on the basis of product form?
  • What is the breakup of the Vietnam chocolate market on the basis of application?
  • What is the breakup of the Vietnam chocolate market on the basis of pricing?
  • What is the breakup of the Vietnam chocolate market on the basis of distribution?
  • What are the various stages in the value chain of the Vietnam chocolate market? 
  • What are the key driving factors and challenges in the Vietnam chocolate?
  • What is the structure of the Vietnam chocolate market and who are the key players?
  • What is the degree of competition in the Vietnam chocolate market?  

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam chocolate market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam chocolate market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam chocolate industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Vietnam Chocolate Market Report by Product Type (White Chocolate, Milk Chocolate, Dark Chocolate, and Others), Product Form (Molded, Countlines, and Others), Application (Food Products, Beverages, and Others), Pricing (Everyday Chocolate, Premium Chocolate, Seasonal Chocolate), Distribution (Direct Sales (B2B), Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More