PROSPECTS AND OPPORTUNITIES
Cafés/bars to benefit from rise of inbound tourism
Cafés/bars is predicted to further growth over the forecast period, driven by an increase in inbound tourism and improved economic conditions. The Ministry of Tourism forecasts that Vietnam will receive 23 million foreign tourists in 2025 and reach 35 million inbound tourists by the end of 2030.
Players to work with third party food delivery apps and develop their own apps for online ordering and loyalty programmes
Over the forecast period, cafés/bars players are expected to keep boosting their online sales due to the rise of online food ordering. Young people are increasingly busy and active on social media, leading them to prioritise convenience and to be willing to pay a bit more for online drinks purchases.
Rising popularity of sustainable specialist coffee stores
Over the forecast period, players in cafes/bars are expected to prioritise sustainability in order to increase brand awareness. Sustainable specialist coffee stores have received more attention from Vietnamese consumers due to the rise of the broader sustainability and green trend in Vietnam.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Cafés/Bars 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.
If you're in the Cafés/Bars 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.
The Cafés/Bars in Vietnam report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cafés/Bars in Vietnam?
- Which are the leading brands in Cafés/Bars in Vietnam?
- How are multinational and local operators competing and expanding in Vietnam?
- How are consumer lifestyle trends and eating habits shaping Cafés/Bars in Vietnam?
- How is the Cafés/Bars industry adapting to a post-COVID-19 market environment? Where are the opportunities amidst the challenges?
- How significant are health considerations in shaping the future of Cafés/Bars in Vietnam? Which of these trends hold the greatest potential demand?
- Where is future growth expected to be most dynamic?
Cafés/Bars in Vietnam - Category analysis
KEY DATA FINDINGS
Cafés/bars witnesses growth
SuperFoods Group retains lead
Players offer combo menus and store decoration to enhance customer experience
Cafés/bars to benefit from rise of inbound tourism
Players to work with third party food delivery apps and develop their own apps for online ordering and loyalty programmes
Rising popularity of sustainable specialist coffee stores
Consumer Foodservice in Vietnam - Industry Overview
Consumer foodservice in 2024: The big picture
2024 key trends
Competitive landscape
Independent foodservice developments
What next for consumer foodservice?
DISCLAIMER
The following categories and subcategories are included:
Cafés/Bars
- Chained Cafés/Bars
- Independent Cafés/Bars
-
- Chained Bars/Pubs
- Independent Bars/Pubs
-
- Chained Cafés
- Independent Cafés
-
- Chained Juice/Smoothie Bars
- Independent Juice/Smoothie Bars
-
- Chained Specialist Coffee and Tea Shops
- Independent Specialist Coffee and Tea Shops
Cafés/Bars
This category encompasses all establishments where the focus is on drinking (either alcoholic or non-alcoholic beverages). While a wide variety of snacks and full meals are offered, it is not uncommon for consumers to only order a drink. As a general rule, establishments deriving 50% of their income or more from the sale of drinks are included here.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Cafés/Bars research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!