Vietnam Food & Drink Report INCLUDES BMI's FORECASTS
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Q3 2011 www.businessmonitor.com VIETNAM FOOD & DRINK REPORT INCLUDES BMI'S FORECASTS ISSN 1749-3072 Published by Business Monitor International Ltd. Vietnam Food & Drink Q3 2011 INCLUDES BMI'S 5-YEAR FORECASTS Part of BMI's Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: April 2011 Business Monitor International © 2011 Business Monitor International Mermaid House, All rights reserved. 2 Puddle Dock, London, EC4V 3DS, All information contained in this publication is UK copyrighted in the name of Business Monitor Tel: +44 (0) 20 7248 0468 International, and as such no part of this Fax: +44 (0) 20 7248 0467 publication may be reproduced, repackaged, Email: [email protected] redistributed, resold in whole or in any part, or used Web: http://www.businessmonitor.com in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. 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Vietnam Food & Drink Q3 2011 CONTENTS BMI Industry View .................................................................................................................................. 7 SWOT ..................................................................................................................................................... 9 Drink Industry SWOT ...................................................................................................................................... 9 Food Industry SWOT ...................................................................................................................................... 10 Grocery Retail Industry SWOT ............................................................................................................................ 11 Industry Business Environment Overview ............................................................................................ 12 Global Food & Drink View ................................................................................................................................ 12 Commodity Prices Pressuring Margins .................................................................................................................. 12 Signs Of A Consumer Recovery In Developed Markets ................................................................................................. 13 Emerging Markets Look Ever More Attractive .......................................................................................................... 14 Big Deals Could Be Back On The Agend ................................................................................................................ 16 Table: BMI FOOD & DRINK CORE VIEWS ......................................................................................................... 17 Asia Pacific Risk/Reward Ratings ......................................................................................................................... 18 Table: ASIA PACIFIC FOOD & DRINK RISK/REWARD RATINGS -Q3 2011 .................................................................... 23 Vietnam Food & Drink Business Environment Rating .......................................................................... 25 Consumer Outlook ................................................................................................................................ 27 Industry Forecast Scenario ................................................................................................................... 31 Food ........................................................................................................................................................ 31 Table: Table: Vietnam Food Consumption Indicators .................................................................................................. 32 Table: Table: Vietnam Canned Food Sales ............................................................................................................. 33 Table: Table: Vietnam Confectionery Sales ............................................................................................................ 33 Table: Table: Vietnam Food & Drink Trade Indicators ................................................................................................ 35 Drink ....................................................................................................................................................... 35 Table: Table: Vietnam Alcoholic Drink Sales and Sales Growth ...................................................................................... 36 Table: Table: Vietnam Hot Drink Sales ................................................................................................................ 37 Table: Table: Vietnam Soft Drink Sales and Sales Growth ............................................................................................ 39 Mass Grocery Retail ....................................................................................................................................... 39 Table: Table: Vietnam MGR Indicators - Value Sales by Format - Historical Data & Forecasts ...................................................... 41 Table: Grocery Retail Sales by Format - Historical Data & Forecasts (%) ............................................................................ 42 Food ..................................................................................................................................................... 43 Industry Trends And Developments ....................................................................................................................... 43 Market Overview .......................................................................................................................................... 45 Drink ..................................................................................................................................................... 47 Industry Trends And Developments ....................................................................................................................... 47 Market Overview .......................................................................................................................................... 49 Mass Grocery Retail .............................................................................................................................. 51 Industry Trends And Developments ....................................................................................................................... 51 Market Overview .......................................................................................................................................... 52 Table: Structure Of Vietnam's Mass Grocery Retail Market By Estimated Number Of Outlets ...................................................... 54 Table: Structure Of Vietnam's Mass Grocery Retail Market - Sales Value By Format (US$mn) ..................................................... 54 © Business Monitor International Page 5 Vietnam Food & Drink Q3 2011 Table: Structure Of Vietnam's Mass Grocery Retail Market - Sales Value By Format (VNDbn) ..................................................... 55 Table: Average Sales Per Outlet By Format - 2010 .................................................................................................... 55 Competitive Landscape ........................................................................................................................ 56 Food ........................................................................................................................................................ 56 Table: Key Players in Vietnam's Food Sector - 2011 ................................................................................................... 56 Drink ....................................................................................................................................................... 56 Table: Key Players in Vietnam's Drink Sector - 2011 .................................................................................................. 56 Mass Grocery Retail ....................................................................................................................................... 57 Table: Key Players in Vietnam's Mass Grocery Retail Sector - 2011 .................................................................................. 57 Company Analysis ................................................................................................................................ 59 Unilever Vietnam .......................................................................................................................................... 59 Nestlé