Growth in Consumer Preference towards Branded Food Products Anticipated to Drive Food Processing Industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now 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 Vietnam country is one of the fastest emergent economies in Asia. The country is a leading producer & exporter of various agriculture products including coffee, cashews, rice and fish products. Food processing industry is the set of techniques and methods used to transform raw ingredients into food or to transform food into other forms for consumption by people and animals. It usually takes clean & harvested crops or butchered animal products and uses these to produce marketable, attractive and often long shelf-life products. The key benefits are included preservation, toxin removal, increased food consistency, easing marketing and distribution tasks. In Vietnam, food processing industry has become highly attractive for local business community and foreign investors owing to increase in tax preferential policies for investors and tax exception for technologies to improvement the production chain. According to study, “Food Processing Comprehensive Report Q4/2019” the key companies operating in the food processing comprehensive report are Acecook Vietnam JSC, Bien Dong Seafood, Co. Ltd, Vinh Hoan Joint Stock Company, VISSAN Limited Company, Vedan (Vietnam) Enterprise Corp., Ltd., Quang Ngai sugar JSC, Friesland Campina Vietnam Co. Ltd., Vietnam Dairy Products JSC (Vinamilk), Minh Phu Seafood Corp, Orion Vina Food Co., Ltd., International Development & Investment Corporation, Masan. Based on category, Vietnam food processing market is segmented into semi-automated and fully automated. The fully automated segment is anticipated to exhibit higher growth rate owing to rise in investments by food processors in technologically advanced equipment during the forecast period. Based on equipment type, market is segmented into cleaning equipment, extrusion equipment, cutting equipment, sorting & grading equipment, peeling equipment, grinding equipment and others. Extrusion equipment segment is estimated to witness higher growth rate due to growth in demand for breakfast cereals, sweet & savory snacks during the forecast period. Based on usage type, market is segmented into organized food and unorganized food. Based on application, market is segmented into dairy products, meat, poultry & seafood products, bakery & confectionery, beverages, fruit & vegetables and others. Bakery & confectionery segment dominates the market caused by increase in demand for bakery & confectionery products for instance chocolate, cookies, cake and bread. The Vietnam food processing market is driven by growth in adoption of advanced equipment for production efficiency, followed by rise in demand for processed & convenience food, increase in consumer preference towards branded food products, growth in awareness about food safety, rise in disposable income, and increase in inclination towards western food. However, lack of good manufacturing practice, food safety related issues and lack of raw materials may impact the market. Moreover, rise in foreign investments due to processing of beverages, seafood and agriculture products is a key opportunity for market. The annual food consumption of Vietnam country has grown and it is projected to increase owing to increase in annual incomes and growth in demand for ready-to-eat foods. In upcoming years, it is predicted that future of the Vietnam food processing market will be optimistic as a result of encouraging business environment, growth in demand for ready-to-eat foods, rise in annual incomes and favorable tax policies during the forecast period. For More Information, Click on the Link Below:- Vietnam Food Processing Industry Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91 9015378249 Tags: Acecook Vietnam JSC Food Processing Market Revenue, Food Processing Market, Food Processing Market Analysis, Food Processing Market Demand, Food Processing Market in Vietnam, Food Processing Market Share, Food Processing Market Trends, Global Food Processing Industry Growth, Global Food Processing Market, Meat processing Market, Minh Phu Seafood Corp Food Processing Market Revenue, Seafood processing Market, Starch processing Market, Vegetable and fruits processing Market, Vietnam Food Processing Equipment Market, Vietnam Food Processing Industry, Vietnam Food Processing Industry Forecast, Vietnam Food Processing Industry Research Report, Vietnam Food Processing Market, Vietnam Food Processing Market Research Report, Vinh Hoan Joint Stock Company Food Processing Market Share