The Vietnam food tech market size reached USD 820.28 Million in 2024. Looking forward, the market is projected to reach USD 2,191.99 Million by 2033, exhibiting a growth rate (CAGR) of 11.54% during 2025-2033. The market is driven by rapid digitization across the food industry, growing consumer demand for convenient food delivery services, and increasing adoption of innovative technologies in food processing and supply chain management. Additionally, the rising urbanization, expanding middle-class population, and government support for digital transformation initiatives are further propelling the Vietnam food tech market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 820.28 Million |
Market Forecast in 2033 | USD 2,191.99 Million |
Market Growth Rate 2025-2033 | 11.54% |
Digital Transformation in Food Services
The Vietnamese food industry is undergoing historic digitalization as restaurants, food companies, and retailers adopt technology-enabled solutions to streamline operation and customer experience. Cloud-based point-of-sale systems, digital menu boards, and automated kitchen gadgets are becoming ubiquitous features in contemporary food outlets. The digitalization drive is being fueled by the necessity of contactless operations, data-informed decision making, and efficient inventory management systems. The combination of artificial intelligence and machine learning algorithms can facilitate predictive analytics for demand forecasting, food waste reduction, and supply chain optimization. Government policies supporting Industry 4.0 and digital economy growth have provided conducive environments for food tech adoption in different segments.
Growth in Food Delivery Platforms
The Vietnamese food delivery landscape has seen incredible growth, fueled by shifting consumer trends, mobile penetration, and urbanization patterns. Super apps as well as niche food delivery platforms are using cutting-edge logistics technologies such as GPS tracking, route planning, and real-time delivery management systems to improve quality of service and shorten delivery time. The first-up integration of payment gateways, loyalty programs, and recommendation engines is enabling end-to-end digital ecosystems that go beyond ordering food. Ghost kitchens and cloud restaurants are becoming economically viable options for the food industry, backed by technology infrastructure focused on delivery. The Vietnam food tech market growth is especially noticeable in evident in major cities like Ho Chi Minh City and Hanoi, where delivery platforms are expanding into suburban areas and smaller cities.
Smart Supply Chain and Traceability Solutions
Vietnamese food companies are increasingly adopting blockchain technology, IoT sensors, and RFID tracking systems to create transparent and efficient supply chain networks. These technologies enable real-time monitoring of food quality, temperature control during transportation, and complete traceability from farm to table. Cold chain management systems equipped with smart sensors ensure food safety compliance and reduce spoilage rates, particularly crucial for Vietnam's significant agricultural export industry. Digital platforms connecting farmers directly with retailers and consumers are eliminating intermediaries and improving profit margins for producers. The implementation of food safety standards and international export requirements is driving adoption of quality management software and compliance tracking systems.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component, application, and industry.
Component Insights:
A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes hardware, software, and services.
Application Insights:
The report has provided a comprehensive analysis of the market based on application. This includes food science, kitchen and restaurant tech, delivery, supply chain, and others.
Industry Insights:
A detailed breakup and analysis of the market based on the industry have also been provided in the report. This includes fish, meat, and seafood, fruits and vegetables, grain and oil, dairy products, beverages, bakery and confectionery, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape. 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.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered | Hardware, Software, Services |
Applications Covered | Food Science, Kitchen and Restaurant Tech, Delivery, Supply Chain, Others |
Industries Covered | Fish, Meat, and Seafood, Fruits and Vegetables, Grain and Oil, Dairy Products, Beverages, Bakery and Confectionery, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: