Over the forecast period, sauces, dips and condiments in Vietnam is set to record stable total volume growth rates, with categories such as fish sauces, soy sauces, and monosodium glutamate continuing to represent the key categories. To cater to the convenience-driven needs of modern consumers, manufacturers are expected to focus on developing products that offer time-saving solutions in various forms.
Sauces, dips and condiments in Vietnam is crowded with a diverse array of both local and international players vying for consumers’ attention. Local players, such as Masan Consumer Group and Cholon Investment & Import-Export Co (CHOLIMEX), continue to have strong positions due to their deep understanding of local tastes, and their ability to cater to niches.
Over the forecast period, health-conscious consumers in Vietnam are expected to fuel demand for reformulated products in sauces, dips and condiments, which address concerns about high salt, sugar, and other negative nutrients. This trend is already prompting brands to rethink traditional recipes and incorporate healthier alternatives.
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Understand the latest market trends and future growth opportunities for the Sauces, Dips and Condiments industry in Vietnam with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sauces, Dips and Condiments industry in Vietnam, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sauces, Dips and Condiments
This is the aggregation of cooking ingredients and condiments, dips, pickled products, sauces, yeast-based spreads, and other sauces, dips and condiments. Excludes: Unpackaged/bulk sauces, dressings and condiments, such as unpackaged herbs and spice or instances where consumers bring an empty contained to be (re)filled. Excludes: Table salt, vinegar, baking ingredients, desiccated coconut, and cooking cream/milk/powder for cooking and baking.
See all of our definitionsThis report originates from Passport, our Sauces, Dips and Condiments research and analysis database.
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