Report scope can be customized per your requirements. Reading Support Farmers in the Central Highlands, Vietnam’s coffee-growing capital, sold coffee COFVN-DAK at VND33,000-33,400 ($1.43-$1.45) per kg, up from VND31,500-32,000 last week, and tracking higher London prices. The data is based on Statista's Global Consumer Survey. For the Coffee market, our analysts create reports with detailed comparisons and important background information. The indicator is valued at the current exchange rate of the respective year versus the US$. This channel is also called on-trade, on-premise or HORECA (short for hotels, restaurants and cafés). in the Coffee market This 10-year strategy aimed to advance sustainable, large-scale agricultural productivity, quality and competitiveness to achieve national food security and sustainable economic growth. Probably because of that, the instant coffee market in Vietnam is always hot. © 2020. Reading Support Vietnam’s instant coffee market is also bustling, with three brands dominating the market – Nescafe of Nestlé, G7 of Trung Nguyen, and Vinacafe of Vinacafe Bien Hoa – with a total of 75% market share. The country’s coffee industry is expected to grow strongly over the forecast period, as the population continues to expand at a rate of about one million people a year. Vietnam is the world’s second largest producer and exporter of coffee. The country’s coffee industry is expected to grow strongly over the forecast period, as the population continues to expand at a rate of about one million people a year. High annual growth in sales of Vietnamese instant coffee paints a favorable picture for the future of the coffee industry as a whole. Instant coffee market. Reading Support Sep 22, 2020 (AmericaNewsHour) -- Vietnam is the world's second-largest producer and exporter of coffee, after Brazil. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for education. This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. The Vietnam Coffee Market business development trends and selling channels square measure analyzed. Coffee is very cheap in Vietnam and is a favorite drink of the Vietnamese. in percent Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for housing, water, electricity, gas and other fuels (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for furnishings, household equipment and routine maintenance of the house (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for health (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices, Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). | Source: Statista, based on national and international statistical offices, Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF, World Bank, European Commission, OECD, ADB, The average exchange rate of 1 unit of local currency (local currency unit: LCU) in the respective year for US-Dollar | Source: Statista, based on IMF, World Bank, UN, Living-room & Dining-room Furniture Report 2020, Smart Home Report 2020 - Smart Appliances, Household Appliances Report 2020 - Small Appliances, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. in the Coffee market It covers all private household spendings meant for consumption at home. Reading Support With a projected market volume of US$67,663m in 2020, most revenue will be generated in the United States. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Coffee industry. The market's largest segment will be the segment Roast Coffee with a market volume of US$4,407m in 2020. Another trend is the redefinition of coffee from a common means of caffeination to a sensual experience, which has driven premiumization. Instant Coffee Market Overview: According to the International Coffee Organization, coffee exports in the initial half of coffee year 2018 to 2019 (October 2018 to March 2019) witnessed an increment of 4.1% over the same period in 2017 to 2018, taking the total shipment to 63.15 million bags compared to the 60.63 million bags shipped during the same tenure in 2017 to 2018. Reading Support and over 1 Mio. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for recreation and culture. Reading Support Premimuization trends is expected to boost the growth of the market in the country. Vietnam is one of the world’s fastest growing coffee markets, trailing only behind Indonesia, Turkey and India. Trung Nguyen  leads the position with diversity of  many coffee products, from instant to roasted coffee to civet coffee. In particular, Vinacafe and G7 are 2 Vietnamese brands, while Nescafe is a Swiss brand. facts. Soluble coffee is enjoying light growth because of the increasing number of western expatriates living in the big cities in Vietnam. The segment does not include Ready-to-Drink coffee beverages which are included in the Soft Drinks segment of the Non-Alcoholic Drinks market instead. | Source: Statista, based on KPMG, Displayed is the top marginal tax rate. By 2025 78% of spending in the Coffee segment will be attributable to out of home consumption (e.g. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for restaurants and hotels (U.S.=100). | Source: Statista, based on World Bank, Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD, The current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Mintel is forecast to increase to $ 573.75 million by 2016. The definitions of labor force and unemployment differ by country. in kilograms. in percent | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for housing, water, electricity, gas and other fuels (U.S.=100). The indicator is valued at the current exchange rate of the respective year versus the US$. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . The indicator is valued at the current exchange rate of the respective year versus the US$. The indicator is valued at the current exchange rate of the respective year versus the US$. | Source: Statista, based on Economist, Displayed is the standard rate. | Source: Statista, based on IMF WEOD, The indicator shows the total number of private households in the selected region. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation and exchange rate data . Out of home consumption encompasses all sales via food service establishments(e.g. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for clothing and footwear. Gaps filled with next higher COICOP position | Source: Statista, based on IMF, national statistical offices, Consumer price index for alcoholic beverages, tobacco and narcotics. The indicator is valued at the current exchange rate of the respective year versus the US$. in bars and restaurants). | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices, Estimated price level index for clothing and footwear (U.S.=100). Until 2024, the coffee market in Vietnam is forecast to reach 1.21 billion USD (in retail prices), thus increasing at a CAGR of 9.86% per annum for the period 2019-2024. [1] | Source: Statista, based on IMF WEOD, World Bank and ILO, The indicator shows the share of all domestic credit of the total gross domestic product (GDP) in the region. in the Coffee market To understand geography trends, Download Sample Report. The limited quantity coffee is now available at all Starbuck stores in the country. 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