Vietnam Ready to Eat Food Market, By Product Type; By Packaging; By End User; By Distribution Channel, Trend Analysis, Competitive Landscape & Forecast, 2019-2031

PUBLISHED: June 16, 2025

PAGES: 135 Pages

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Vietnam Ready to Eat (RTE) Food Market Size almost Triples to Touch USD 1.3 Billion by 2031

Vietnam Ready to Eat (RTE) Food Market is flourishing primarily due to a rising demand for increasingly substituting RTE meals for traditional meals driven by the convenience and taste of these RTE food items.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam Ready to Eat (RTE) Food Market size by value at USD 430.41 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Vietnam Ready to Eat (RTE) Food Market size to boom at a robust CAGR of 16.8% reaching a value of USD 1,276 million by 2031. Prominent drivers of Vietnam RTE Food Market include the rising disposable incomes and consumers' willingness to spend more on premium quality and convenience food products. The growing presence of supermarkets and hypermarkets has made it convenient for consumers to access and purchase RTE food products with great ease.

Opportunity - E-Commerce Expansion

Leading players in Vietnam Ready to Eat (RTE) Food Market introduce innovative ways for rapid digital retail growth, enabling online platforms to meet surging demand for doorstep delivery and subscription-based models. The e-commerce market is projected to exceed USD 25 billion by 2031, driven by a 20-22% annual growth target set by the government and bolstered by cross-border trade initiatives that expand global reach for local RTE brands. For instance, in July 2023, Acecook launched dehydrated instant soup cubes called Kanli, which are now easily available in supermarkets including E-Mart, Family Mart, and Aeon.

Instant Breakfast/Cereals Segment Dominates Vietnam RTE Food Market

The instant breakfast/cereals segment holds a significant market share in Vietnam Ready to Eat (RTE) Food Market. The segment is driven particularly by working-class people, teenagers, hostel residents, and single individuals. Young people are increasingly substituting RTE meals for traditional meals, due to the convenience and taste of these food items. Instant breakfast/cereals offer quick and easy morning meals, often fortified with essential nutrients, appealing to busy individuals and families. Instant soups and snacks provide convenient and affordable options for light meals or in-between-meal consumption, ranging from traditional flavors to international cuisine.

Impact of Escalating Geopolitical Tensions on Vietnam Ready to Eat (RTE) Food Market

Intensifying geopolitical tensions among countries across the regions, particularly in West Asia, are reshaping Vietnam Ready to Eat (RTE) Food Market through supply chain disruptions, price volatility, and trade policy realignments. As a result, disruptions in international trade flows are leading to supply chain interruptions and increased costs for imported ingredients, packaging materials, and food additives that many Vietnamese RTE manufacturers rely on. Trade restrictions, sanctions, or tariff changes may also limit access to key export markets or make imported raw materials more expensive, squeezing profit margins and potentially resulting in higher prices for consumers.

Competitive Landscape

Major players operating in Vietnam Ready to Eat (RTE) Food Market include Charoen Pokphand Foods Public Company Limited, Minh Phu Seafood Joint Stock Company, Sao Ta Food Joint Stock Company, Gourmet Distribution Co., Ltd (Annam Gourmet Store), Vinh Hoan Corporation, Acecook Vietnam Joint Stock Company, McCain Foods Limited, and Dalat - Japan Food Co. Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The report's in-depth analysis provides information about growth potential, upcoming trends, and Vietnam Ready to Eat (RTE) Food Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam Ready to Eat (RTE) Food Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC25315

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Vietnam Ready to Eat (RTE) Food Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Urbanization & Workforce Dynamics
  - 3.2.1.2. Change in Lifestyle
  - 3.2.1.3. Growing Investments in Supply Chain
- 3.2.2. Restraints
  - 3.2.2.1. Cultural Preference for Fresh Foods
  - 3.2.2.2. Food Safety Concerns
- 3.2.3. Opportunities
  - 3.2.3.1. E-Commerce and Delivery Platforms
  - 3.2.3.2. Health-Focused Innovation
- 3.2.4. Challenges
  - 3.2.4.1. Human Resource Shortages
  - 3.2.4.2. Online Food Safety Risks
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Vietnam Ready to Eat (RTE) Food Market Strategies

5. Vietnam Ready to Eat (RTE) Food Market: Pricing Analysis

6. Vietnam Ready to Eat (RTE) Food Market Overview

6.1. Market Size & Forecast, 2019-2031
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Product Type
  - 6.2.1.1. Instant Breakfast/Cereals
  - 6.2.1.2. Instant Soups and Snacks
  - 6.2.1.3. Baked Goods
  - 6.2.1.4. Meat/Poultry
  - 6.2.1.5. Others
- 6.2.2. By Packaging
  - 6.2.2.1. Canned
  - 6.2.2.2. Frozen or Chilled
  - 6.2.2.3. Retort
  - 6.2.2.4. Others
- 6.2.3. By End User
  - 6.2.3.1. Individuals
  - 6.2.3.2. Food Service Providers
  - 6.2.3.3. Institutional
- 6.2.4. By Distribution Channel
  - 6.2.4.1. Offline
  - 6.2.4.2. Online

7. Competitive Landscape

7.1. List of Key Players and Their Offerings
7.2. Vietnam Ready to Eat (RTE) Food Market Share Analysis, 2024
7.3. Competitive Benchmarking, By Operating Parameters
7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships)

8. Impact of Escalating Geopolitical Tensions on Vietnam Ready to Eat (RTE) Food Market

9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

9.1. Charoen Pokphand Foods Public Company Limited
9.2. Minh Phu Seafood Joint Stock Company
9.3. Sao Ta Food Joint Stock Company
9.4. Gourmet Distribution Co., Ltd (Annam Gourmet Store)
9.5. Vinh Hoan Corporation
9.6. Acecook Vietnam Joint Stock Company
9.7. McCain Foods Limited
9.8. Dalat - Japan Food Co., Ltd
9.9. Other Prominent Players

10. Key Strategic Recommendations

11. Research Methodology

11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC25315

List of Figures

Figure 1 Vietnam Ready to Eat (RTE) Food Market Segmentation
Figure 2 Vietnam Ready to Eat (RTE) Food Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Vietnam Ready to Eat (RTE) Food Market Size, By Value (USD Billion), 2019-2031
Figure 5 Vietnam Ready to Eat (RTE) Food Market Share, By Product Type, By Value, 2019-2031
Figure 6 Vietnam Ready to Eat (RTE) Food Market Share, By Packaging, By Value, 2019-2031
Figure 7 Vietnam Ready to Eat (RTE) Food Market Share, By End User, By Value, 2019-2031
Figure 8 Vietnam Ready to Eat (RTE) Food Market Share, By Distribution Channel, By Value, 2019-2031

List of Tables

Table 1 Vietnam Ready to Eat (RTE) Food Market Share, By Product Type, By Value, 2019-2031
Table 2 Vietnam Ready to Eat (RTE) Food Market Share, By Packaging, By Value, 2019-2031
Table 3 Vietnam Ready to Eat (RTE) Food Market Share, By End User, By Value, 2019-2031
Table 4 Vietnam Ready to Eat (RTE) Food Market Share, By Distribution Channel, By Value, 2019-2031
Table 5 Charoen Pokphand Foods Public Company Limited Company Overview
Table 6 Charoen Pokphand Foods Public Company Limited Financial Overview
Table 7 Minh Phu Seafood Joint Stock Company: Company Overview
Table 8 Minh Phu Seafood Joint Stock Company Financial Overview
Table 9 Sao Ta Food Joint Stock Company: Company Overview
Table 10 Sao Ta Food Joint Stock Company Financial Overview
Table 11 Gourmet Distribution Co., Ltd (Annam Gourmet Store): Company Overview
Table 12 Gourmet Distribution Co., Ltd (Annam Gourmet Store) Financial Overview
Table 13 Vinh Hoan Corporation Company Overview
Table 14 Vinh Hoan Corporation Financial Overview
Table 15 Acecook Vietnam Joint Stock Company: Company Overview
Table 16 Acecook Vietnam Joint Stock Company Financial Overview
Table 17 McCain Foods Limited Company Overview
Table 18 McCain Foods Limited Financial Overview
Table 19 Dalat - Japan Food Co., Ltd Company Overview
Table 20 Dalat - Japan Food Co., Ltd Financial Overview