Vietnam Meat Market to Grow with a CAGR of 5.17% through 2030

Vietnam's economic growth has led to a rise in disposable income, resulting in a shift in dietary habits towards protein-rich diets. Urban consumers accessing a wider variety of meat products through modern retail formats, driving the growth of the Vietnam Meat Market.

According to TechSci Research report, “Vietnam Meat Market  – By Region, Competition, Forecast and Opportunities, 2030F”, the Vietnam Meat  Market  stood at USD 7.75 billion in 2024 and is anticipated to grow USD 10.45 billion by 2030 with a CAGR of 5.17% during forecast period. The Vietnam meat market has been experiencing significant growth, driven by rising disposable incomes, urbanization, and increasing consumer demand for protein-rich diets. Meat consumption in Vietnam is deeply rooted in its culinary traditions, with pork, poultry, beef, and seafood being staple protein sources. Over the years, dietary habits have evolved, with more consumers shifting toward higher-quality meat products, processed meats, and imported options. The growing presence of modern retail chains, improved cold storage infrastructure, and government initiatives supporting livestock farming have further contributed to the expansion of Vietnam’s meat industry.

The growing middle class and changing lifestyles are also influencing meat consumption patterns. Younger consumers, particularly in urban areas, are adopting Western-style diets, leading to an increased demand for burgers, sausages, cold cuts, and deli meats. This has encouraged both local and international meat processing companies to introduce innovative products tailored to Vietnamese tastes. Additionally, the rise of quick-service restaurants (QSRs), fast-food chains, and food delivery services has fueled the need for high-quality meat supplies, further expanding the market.

Despite its growth, the Vietnam meat market faces several challenges, including food safety concerns, supply chain inefficiencies, and environmental impact. The government has been enforcing stricter food safety regulations to address concerns related to contamination, antibiotic residues, and illegal slaughtering practices. Ensuring traceability and transparency in the meat supply chain remains a priority, as consumers increasingly demand quality assurance and ethically sourced products.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Vietnam Meat Market"

The Vietnam meat market is segmented by product, type, distribution channel and regional distribution.

Based on distribution channel, the online segment is the fastest-growing segment in the Vietnam meat market, driven by increasing internet penetration, rising e-commerce adoption, and shifting consumer preferences toward convenience. Digital platforms such as Tiki, Shopee, and Lazada now offer fresh and frozen meat with temperature-controlled delivery, ensuring quality and safety. The COVID-19 pandemic further accelerated online meat purchases as consumers sought contactless shopping options. Retailers and meat producers are leveraging digital marketing, subscription models, and direct-to-consumer sales to expand their reach. With advancements in cold chain logistics and payment solutions, online meat sales are expected to grow significantly in the coming years..

Based on region, the Southern region is the fastest-growing market in Vietnam’s meat industry, driven by rising urbanization, population growth, and increasing disposable incomes in cities like Ho Chi Minh City and Can Tho. The region has a strong demand for pork, poultry, and seafood, fueled by changing dietary habits and a growing preference for protein-rich diets. The expansion of modern retail chains, food service industries, and online meat delivery platforms further accelerates market growth. Additionally, improvements in cold storage infrastructure and logistics enhance meat distribution efficiency. With increasing investments in meat processing and supply chains, the Southern region continues to experience rapid market expansion..

Major companies operating in the Vietnam meat market includes:

• SAN HA Co., Ltd. 
• C.P. Pokphand Co. Ltd. 
• Masan MEATLife Corporation
• Daesang Vietnam Co., Ltd.  
• DABACO Group Joint Stock Company 
• CJ Vietnam Co. Ltd.
• Ha Long Canned Food Joint Stock Company
• Special Aquatic Products Joint Stock Company 
• Kien Giang Trading Joint Stock Company
• San Miguel Brewery Vietnam Co. Ltd

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“The key drivers of the Vietnam meat market is the rising demand for processed and value-added meat products. With the rapid urbanization of major cities such as Ho Chi Minh City, Hanoi, and Da Nang, consumers are shifting toward convenient, ready-to-cook, and packaged meat products. The expansion of modern retail channels, including supermarkets, hypermarkets, and online grocery platforms, has made processed meat products more accessible. Companies are also introducing healthier alternatives, such as organic, antibiotic-free, and plant-based meat substitutes, to cater to the growing health-conscious consumer base", said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

“Vietnam Meat Market By Product (Chicken, Pork, Frog, Duck, Mutton), By Type (Raw and Processed), By Distribution Channel (Departmental Stores, Specialty Stores, Hypermarket/ Supermarket, Online Sales Channel and Others (Direct Sellers, General Merchandised Retailers, etc.)), By Region, Competition, Forecast & Opportunities, 2020-2030F” has evaluated the future growth potential of Vietnam meat market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam meat market.

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