Vietnam Savory Snacks Market Size Share Growth Drivers Trends Opportunities & Forecast 2025–2030

Vietnam savory snacks market at $750M, driven by urbanization and health trends, with key players like PepsiCo and Mondelez.

Region:Asia

Author(s):Geetanshi

Product Code:KRAA0554

Pages:90

Published On:December 2025

About the Report

Base Year 2024

Vietnam Savory Snacks Market Overview

  • The Vietnam Savory Snacks Market is valued at USD 750 million, based on a five-year historical analysis. This growth is primarily driven by evolving consumer lifestyles that favor convenient, on-the-go options and health-oriented innovations. Urbanization, rising disposable incomes, and greater exposure to global flavors also support growth, with social media and e-commerce reinforcing demand for novel, premium, and functional snack formats.
  • Key players in this market include PepsiCo, Orion Food Vina, PT Liwayway, SATRA, and Mondelez International. These companies play a significant role in driving growth and maintaining high standards in snack production and distribution. The urban centers, particularly Ho Chi Minh City and Hanoi, dominate the market due to their large populations and increasing consumer spending on snacks.
  • In 2024, Vietnam's government announced a new mandatory nutritional labeling regulation under the Health Programme, requiring pre-packaged foods, including fried and savory snack items, to display energy, protein, carbohydrate, fat, sodium, and over time total sugar and saturated fat. This regulation aims to enhance transparency and align with international standards, with full enforcement expected by January 1, 2026.
Vietnam Savory Snacks Market Size

Vietnam Savory Snacks Market Segmentation

By Type:The savory snacks market is segmented into various types, including potato chips, extruded snacks, nuts and seeds, popcorn, meat snacks, rice snacks, and others. Among these, potato chips are the most popular, driven by their convenience and variety of flavors. Extruded snacks are also gaining traction due to their innovative shapes and textures, appealing to younger consumers. The demand for healthier options has led to a rise in nuts and seeds, while meat snacks are favored for their protein content.

Vietnam Savory Snacks Market segmentation by Type.

By End-User:The market is segmented by end-user into retail consumers, the food service industry, institutional buyers, and others. Retail consumers dominate the market, driven by the increasing trend of snacking among individuals and families. The food service industry is also significant, as restaurants and cafes increasingly offer savory snacks as part of their menus. Institutional buyers, including schools and hospitals, are emerging as a growing segment due to the demand for convenient snack options.

Vietnam Savory Snacks Market segmentation by End-User.

Vietnam Savory Snacks Market Competitive Landscape

The Vietnam Savory Snacks Market is characterized by a dynamic mix of regional and international players. Leading participants such as Vinamilk, Masan Consumer, Mondelez International, PepsiCo Vietnam, Kinh Do Corporation, Hai Ha International, Binh Tay Food, TH True Milk, Nutifood, Unilever Vietnam, Orion Food Vina, Golden Gate Group, Vinasoy, Trung Nguyen Coffee, Banh Mi Phuong contribute to innovation, geographic expansion, and service delivery in this space.

Vinamilk

1976

Ho Chi Minh City, Vietnam

Masan Consumer

1996

Ho Chi Minh City, Vietnam

Mondelez International

2012

Chicago, USA

PepsiCo Vietnam

1994

Ho Chi Minh City, Vietnam

Kinh Do Corporation

1993

Ho Chi Minh City, Vietnam

Company

Establishment Year

Headquarters

Group Size (Large, Medium, or Small as per industry convention)

Sales Growth Rate

Market Penetration Rate

Customer Retention Rate

Pricing Strategy

Product Diversification Index

Vietnam Savory Snacks Market Industry Analysis

Growth Drivers

  • Growth of Food Processing Industry:The food processing industry in Vietnam is projected to reach a value of USD 79.3 billion in future. This growth is driven by the expansion of industrial zones and rising domestic prosperity, which are increasing the demand for various snack ingredients. As urbanization continues, the shift towards processed foods is expected to further boost the savory snacks market, catering to the evolving consumer preferences for convenience and variety ((https://www.fas.usda.gov/data/vietnam-food-processing-ingredients-annual-0?utm_source=openai)).
  • Average Monthly Worker Income Increase:In the first half of future, the average monthly income in Vietnam reached VND 7.5 million (approximately USD 300). This increase in disposable income allows consumers to spend more on premium and diverse snack options. As purchasing power rises, the demand for higher-quality savory snacks is expected to grow, reflecting a shift in consumer behavior towards more indulgent and varied snack choices ((https://www.vietnam-briefing.com/news/evolving-landscape-vietnam-snack-market-opportunities-businesses.html/?utm_source=openai)).
  • Expansion of Snack Market Size:The snack market in Vietnam was valued at USD 3.2 billion in future, indicating a robust demand for convenient and affordable food options. As urbanization accelerates, more consumers are seeking quick and easy snack solutions, which is driving the growth of the savory snacks segment. This trend is expected to continue as lifestyles become busier and the preference for on-the-go snacks increases ((https://www.vietnam-briefing.com/news/evolving-landscape-vietnam-snack-market-opportunities-businesses.html/?utm_source=openai)).

Market Challenges

  • Rural Distribution Infrastructure Gaps:Vietnam's rural areas face significant distribution challenges due to underdeveloped infrastructure. This limitation affects the availability and timely delivery of savory snacks, hindering market penetration in non-urban regions. As a result, companies may struggle to reach potential customers in these areas, impacting overall sales and growth opportunities in the rural snack market ((https://www.kenresearch.com)).
  • Rise in Raw Material Costs:A report by iPOS.vn indicates that 49.2 percent of food and beverage businesses plan to raise prices in future due to increasing raw material costs. This trend poses a challenge for snack manufacturers, as higher production costs can lead to increased retail prices, potentially reducing consumer affordability and impacting sales volumes in the savory snacks market ((https://ipos.vn/en/thong-cao-bao-chi-ipos-vn-va-nestle-professional-cong-bo-bao-cao-thi-truong-kinh-doanh-am-thuc-tai-viet-nam-nam-2024/?utm_source=openai)).

Vietnam Savory Snacks Market Future Outlook

The future of the Vietnam savory snacks market appears promising, driven by increasing health consciousness among consumers and the rise of e-commerce platforms. As 86 percent of consumers prioritize ingredient transparency and health benefits, brands are likely to innovate with functional snacks. Additionally, the e-commerce market is projected to reach USD 32 billion by future, enhancing distribution channels and enabling brands to connect with tech-savvy consumers more effectively, thus shaping the market landscape positively.

Market Opportunities

  • Premium & Functional Snack Segment:There is a growing demand for high-protein, fiber-rich, and health-oriented snacks among consumers. Brands that focus on innovative, functional ingredients can capture the attention of health-conscious urban consumers, creating a lucrative niche in the savory snacks market ((https://www.vietnam-briefing.com/news/evolving-landscape-vietnam-snack-market-opportunities-businesses.html/?utm_source=openai)).
  • Expansion via Modern Retail & E-commerce:The proliferation of supermarkets, convenience stores, and online channels presents significant opportunities for snack brands. With the e-commerce market expected to reach USD 32 billion by future, companies can leverage these platforms to enhance their reach and accessibility, particularly among urban and digitally savvy demographics ((https://en.wikipedia.org/wiki/Internet_in_Vietnam?utm_source=openai)).

Scope of the Report

SegmentSub-Segments
By Type

Potato Chips

Extruded Snacks

Nuts and Seeds

Popcorn

Meat Snacks

Rice Snacks

Others

By End-User

Retail Consumers

Food Service Industry

Institutional Buyers

Others

By Distribution Channel

Supermarkets/Hypermarkets

Convenience Stores

Online Retail

Specialty Stores

Others

By Flavor Profile

Spicy

Savory

Sweet

Others

By Packaging Type

Bags

Boxes

Pouches

Others

By Price Range

Economy

Mid-Range

Premium

Others

By Region

Northern Vietnam

Central Vietnam

Southern Vietnam

Others

Key Target Audience

Investors and Venture Capitalist Firms

Government and Regulatory Bodies (e.g., Ministry of Industry and Trade, Vietnam Food Administration)

Manufacturers and Producers

Distributors and Retailers

Food Importers and Exporters

Packaging Suppliers

Market Analysts and Industry Experts

Food Safety and Quality Assurance Organizations

Players Mentioned in the Report:

Vinamilk

Masan Consumer

Mondelez International

PepsiCo Vietnam

Kinh Do Corporation

Hai Ha International

Binh Tay Food

TH True Milk

Nutifood

Unilever Vietnam

Orion Food Vina

Golden Gate Group

Vinasoy

Trung Nguyen Coffee

Banh Mi Phuong

Table of Contents

Market Assessment Phase

1. Executive Summary and Approach


2. Vietnam Savory Snacks Market Overview

2.1 Key Insights and Strategic Recommendations

2.2 Vietnam Savory Snacks Market Overview

2.3 Definition and Scope

2.4 Evolution of Market Ecosystem

2.5 Timeline of Key Regulatory Milestones

2.6 Value Chain & Stakeholder Mapping

2.7 Business Cycle Analysis

2.8 Policy & Incentive Landscape


3. Vietnam Savory Snacks Market Analysis

3.1 Growth Drivers

3.1.1 Increasing Urbanization
3.1.2 Rising Disposable Incomes
3.1.3 Growing Demand for Convenient Snacks
3.1.4 Expansion of Retail Channels

3.2 Market Challenges

3.2.1 Intense Competition
3.2.2 Fluctuating Raw Material Prices
3.2.3 Health Concerns Related to Snack Consumption
3.2.4 Regulatory Compliance Issues

3.3 Market Opportunities

3.3.1 Introduction of Healthier Snack Options
3.3.2 Expansion into Rural Markets
3.3.3 Innovative Packaging Solutions
3.3.4 Collaborations with Local Producers

3.4 Market Trends

3.4.1 Increasing Popularity of Plant-Based Snacks
3.4.2 Growth of E-commerce Platforms
3.4.3 Focus on Sustainable Packaging
3.4.4 Rise of Snack Subscription Services

3.5 Government Regulation

3.5.1 Food Safety Standards
3.5.2 Labeling Requirements
3.5.3 Import Tariffs on Snack Products
3.5.4 Advertising Regulations for Food Products

4. SWOT Analysis


5. Stakeholder Analysis


6. Porter's Five Forces Analysis


7. Vietnam Savory Snacks Market Market Size, 2019-2024

7.1 By Value

7.2 By Volume

7.3 By Average Selling Price


8. Vietnam Savory Snacks Market Segmentation

8.1 By Type

8.1.1 Potato Chips
8.1.2 Extruded Snacks
8.1.3 Nuts and Seeds
8.1.4 Popcorn
8.1.5 Meat Snacks
8.1.6 Rice Snacks
8.1.7 Others

8.2 By End-User

8.2.1 Retail Consumers
8.2.2 Food Service Industry
8.2.3 Institutional Buyers
8.2.4 Others

8.3 By Distribution Channel

8.3.1 Supermarkets/Hypermarkets
8.3.2 Convenience Stores
8.3.3 Online Retail
8.3.4 Specialty Stores
8.3.5 Others

8.4 By Flavor Profile

8.4.1 Spicy
8.4.2 Savory
8.4.3 Sweet
8.4.4 Others

8.5 By Packaging Type

8.5.1 Bags
8.5.2 Boxes
8.5.3 Pouches
8.5.4 Others

8.6 By Price Range

8.6.1 Economy
8.6.2 Mid-Range
8.6.3 Premium
8.6.4 Others

8.7 By Region

8.7.1 Northern Vietnam
8.7.2 Central Vietnam
8.7.3 Southern Vietnam
8.7.4 Others

9. Vietnam Savory Snacks Market Competitive Analysis

9.1 Market Share of Key Players

9.2 Cross Comparison of Key Players

9.2.1 Company Name
9.2.2 Group Size (Large, Medium, or Small as per industry convention)
9.2.3 Sales Growth Rate
9.2.4 Market Penetration Rate
9.2.5 Customer Retention Rate
9.2.6 Pricing Strategy
9.2.7 Product Diversification Index
9.2.8 Distribution Efficiency
9.2.9 Brand Recognition Score
9.2.10 Customer Satisfaction Index

9.3 SWOT Analysis of Top Players

9.4 Pricing Analysis

9.5 Detailed Profile of Major Companies

9.5.1 Vinamilk
9.5.2 Masan Consumer
9.5.3 Mondelez International
9.5.4 PepsiCo Vietnam
9.5.5 Kinh Do Corporation
9.5.6 Hai Ha International
9.5.7 Binh Tay Food
9.5.8 TH True Milk
9.5.9 Nutifood
9.5.10 Unilever Vietnam
9.5.11 Orion Food Vina
9.5.12 Golden Gate Group
9.5.13 Vinasoy
9.5.14 Trung Nguyen Coffee
9.5.15 Banh Mi Phuong

10. Vietnam Savory Snacks Market End-User Analysis

10.1 Procurement Behavior of Key Ministries

10.1.1 Government Procurement Policies
10.1.2 Budget Allocations for Snack Products
10.1.3 Supplier Selection Criteria
10.1.4 Contract Management Practices

10.2 Corporate Spend on Infrastructure & Energy

10.2.1 Investment in Snack Production Facilities
10.2.2 Expenditure on Marketing and Branding
10.2.3 Budget for Research and Development
10.2.4 Others

10.3 Pain Point Analysis by End-User Category

10.3.1 Quality Assurance Issues
10.3.2 Supply Chain Disruptions
10.3.3 Price Sensitivity
10.3.4 Others

10.4 User Readiness for Adoption

10.4.1 Awareness of Snack Options
10.4.2 Willingness to Pay for Quality
10.4.3 Preference for Local vs. Imported Snacks
10.4.4 Others

10.5 Post-Deployment ROI and Use Case Expansion

10.5.1 Measurement of Sales Growth
10.5.2 Customer Feedback Mechanisms
10.5.3 Opportunities for Product Line Expansion
10.5.4 Others

11. Vietnam Savory Snacks Market Future Size, 2025-2030

11.1 By Value

11.2 By Volume

11.3 By Average Selling Price


Go-To-Market Strategy Phase

1. Whitespace Analysis + Business Model Canvas

1.1 Market Gaps Identification

1.2 Business Model Framework


2. Marketing and Positioning Recommendations

2.1 Branding Strategies

2.2 Product USPs


3. Distribution Plan

3.1 Urban Retail Strategies

3.2 Rural NGO Tie-ups


4. Channel & Pricing Gaps

4.1 Underserved Routes

4.2 Pricing Bands


5. Unmet Demand & Latent Needs

5.1 Category Gaps

5.2 Consumer Segments


6. Customer Relationship

6.1 Loyalty Programs

6.2 After-sales Service


7. Value Proposition

7.1 Sustainability Initiatives

7.2 Integrated Supply Chains


8. Key Activities

8.1 Regulatory Compliance

8.2 Branding Efforts

8.3 Distribution Setup


9. Entry Strategy Evaluation

9.1 Domestic Market Entry Strategy

9.1.1 Product Mix Considerations
9.1.2 Pricing Band Strategy
9.1.3 Packaging Innovations

9.2 Export Entry Strategy

9.2.1 Target Countries Analysis
9.2.2 Compliance Roadmap

10. Entry Mode Assessment

10.1 Joint Ventures

10.2 Greenfield Investments

10.3 Mergers & Acquisitions

10.4 Distributor Model


11. Capital and Timeline Estimation

11.1 Capital Requirements

11.2 Timelines for Implementation


12. Control vs Risk Trade-Off

12.1 Ownership Considerations

12.2 Partnerships Evaluation


13. Profitability Outlook

13.1 Breakeven Analysis

13.2 Long-term Sustainability


14. Potential Partner List

14.1 Distributors

14.2 Joint Ventures

14.3 Acquisition Targets


15. Execution Roadmap

15.1 Phased Plan for Market Entry

15.1.1 Market Setup
15.1.2 Market Entry
15.1.3 Growth Acceleration
15.1.4 Scale & Stabilize

15.2 Key Activities and Milestones

15.2.1 Activity Planning
15.2.2 Milestone Tracking

Research Methodology

ApproachModellingSample

Phase 1: Approach1

Desk Research

  • Analysis of industry reports from Vietnamese food and beverage associations
  • Review of government publications on food safety regulations and import/export data
  • Examination of market trends through academic journals and trade publications focused on savory snacks

Primary Research

  • Interviews with key stakeholders in the savory snacks supply chain, including manufacturers and distributors
  • Surveys conducted with consumers to understand preferences and purchasing behavior
  • Focus group discussions with snack enthusiasts to gather qualitative insights on flavor trends and packaging preferences

Validation & Triangulation

  • Cross-validation of findings through comparison with historical sales data and market growth rates
  • Triangulation of insights from consumer surveys and expert interviews to ensure consistency
  • Sanity checks through expert panel reviews comprising industry veterans and market analysts

Phase 2: Market Size Estimation1

Top-down Assessment

  • Estimation of market size based on national snack food consumption statistics
  • Segmentation of the market by product type, including chips, crackers, and traditional snacks
  • Incorporation of demographic data to assess potential market growth among different consumer segments

Bottom-up Modeling

  • Collection of sales data from leading savory snack manufacturers in Vietnam
  • Estimation of average retail prices and volume sold across various distribution channels
  • Analysis of consumer spending patterns on savory snacks to derive market potential

Forecasting & Scenario Analysis

  • Utilization of time-series analysis to project future market growth based on historical data
  • Scenario modeling based on economic indicators, such as GDP growth and urbanization rates
  • Development of best-case, worst-case, and most-likely scenarios for market evolution through 2030

Phase 3: CATI Sample Composition1

Scope Item/SegmentSample SizeTarget Respondent Profiles
Retail Snack Outlets150Store Managers, Retail Buyers
Consumer Preferences for Savory Snacks200General Consumers, Snack Enthusiasts
Distribution Channels Analysis100Distributors, Wholesalers
Market Trends and Innovations80Product Development Managers, Marketing Executives
Health-Conscious Snack Options120Health and Nutrition Experts, Fitness Enthusiasts

Frequently Asked Questions

What is the current value of the Vietnam Savory Snacks Market?

The Vietnam Savory Snacks Market is valued at approximately USD 750 million, reflecting a significant growth trend driven by changing consumer lifestyles, urbanization, and rising disposable incomes, alongside increased demand for convenient and health-oriented snack options.

Who are the key players in the Vietnam Savory Snacks Market?

What types of savory snacks are popular in Vietnam?

How is the Vietnam Savory Snacks Market segmented by end-user?

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