Health Awareness to Complement Growth of Packaged Food in Vietnam: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit In Vietnam, some companies have been noticed violating the food safety laws in 2016, which in turn became a bad impression in the eyes of consumers. These companies have been highly fined and have to suffer various negative effects. NH RTD tea is a category in which these companies operate; therefore the category has suffered a much lower growth in 2016. Additionally, the consumers in Vietnam are becoming conscious about their food and beverages intake as the rate of surging cancer is increasing in the country. People have started avoiding the brands which are involved in such infringements. According to the report, “Health and Wellness in Vietnam”, due to health and wellness awareness in multiple categories, the market has observed a positive growth. People have started buying additional products for their family as there also has been an increase in the disposable income. However, value growth has been also negatively affected because of decline in price of some categories due to production in localization strategies of some leading companies but most of the categories are performing well. In 2016, growth in health and wellness competitive landscape has not been seen due to violation of rules by some companies but other companies have been successful in maintaining their positions in the market at the same time. In terms of distribution, marketing and expansion; the leading players have been able to well maintain their positions via possessing strong financial positions over smaller players in the market. The growth and expansion has been noticed in modern retailing in health and wellness due to supermarkets, hypermarkets and convenience stores. These markets have managed to surge Vietnamese which further led to aggressive expansion in the market of health and wellness. Consumers have been shifted towards supermarkets, convenience stores and hypermarkets because of increase in disposable income of consumers, despite of traditional stores being the leading channels in Vietnam. Many young consumers have been observed to feel comfortable in shopping through modern channels without bargain. Furthermore, a slow growth of health and wellness products is anticipated in future years. There will be a constant growth in the market as it is foreseen that the 2016 prices will remain constant in future years. Due to traditional leading channels, many manufacturers are shifting towards localization of product as well as production with low unit cost. This will affect the health and wellness market negatively in forecast period. Consumers in Vietnam will become more health conscious due to increase in wellness trends. People are shifting towards more freshly made food and drinks rather than packaged food and with the passage of time they are expected to become more aware of their health. Therefore, there will be growth in health and wellness but at a very slow rate as compared to the review period. To know more about the research report: https://www.kenresearch.com/food-beverage-and-tobacco/non-alcoholic-beverages/health-wellness-vietnam/121821-11.html Related reports: North America Mineral Water Market by Manufacturers, Countries, Type and Application, Forecast to 2022 Better For You Beverages in Morocco Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Post Views: 3 Tags: Global Health and Wellness Market Research Report, Vietnam Competitors for Fortified Goods, Vietnam dietary supplements market, Vietnam Energy Drinks Market Demand, Vietnam Health and Wellness Industry Trends, Vietnam Health Industry Future Outlook, Vietnam Healthy Beverages Market Analysis, Vietnam Healthy Foods Market Revenue, Vietnam Herbal Products Market Demand, Vietnam Nutritional Supplements Market, Vietnam Organic Products Market Analysis, Vietnam Packaged Food Market Trends