Vietnam Beer and Cider Market Insights 2020 - Key Insights and Drivers behind the Beer and Cider Market Performance
Summary Significant rise in trade activities in the country, growing foreign direct investments, and a rise in domestic demand are the key attributes driving the strong economic growth in Vietnam which stood at 7% in 2019.Significant rise in middle income population along with rising government support towards the development of modern infrastructure and a strong financial system have resulted in reduced economic risk in the country.
Despite the looming global economic crisis in the aftermath of the COVID-19 pandemic, Vietnam’s economy is projected to post around 3%-4% growth in 2020, albeit a much lower rate than anticipated pre-COVID. As a result, consumer confidence is likely to remain positive though spending on non-essential goods such as alcohol is likely to fall.
Vietnam Beer and Cider Market Insights 2020 report provides a complete overview of the Vietnam Beer and Cider industry structure offering a comprehensive insight into historical background trends, 2019 performance and 2020 outlook.
Scope Covering total market (On and Off-Premise) the report details -
- 2014-2019 actual detailed Beer Consumption Volume data by Segment, Brand, Brewer, Packaging and Distribution (On and Off-Premise), with 2020 forecasts.
- Value by distribution channel 2013-2019, with 2020 forecasts.
- Overview of the competitive landscape in the Beer and Cider market, with analysis of key company performance.
- Insightful and valuable analysis of the drivers behind both current and emerging trends in the Beer and Cider market.
Reasons to Buy - Gain an in-depth understanding of the dynamics and structure of the Vietnam Beer and Cider industry, from the latest competitive intelligence of both historical and forecast trends to enhance your corporate strategic planning.
- Evaluate the current emerging trends and future growth opportunities in the Vietnam Beer and Cider market to support your brand development and marketing initiatives.
- Understand volume vs. value trends and identify the key growth opportunities across the super-premium, premium, mainstream and discount segments to best target profitability.
- Analyze domestic and imported beer brand performance and determine the key trends driving consumption preference to develop a competitive advantage.
- Interrogate the unique granularity of our data to analyze the market on a variety of levels to make well-informed decisions on future threats and growth prospects in the marketplace for your company.
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