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Research and Markets: A Comprehensive Report on Processed Food Market in Vietnam

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Research and Markets (http://www.researchandmarkets.com/research/cb0011/processed_food_mar) has announced the addition of the "Processed Food Market in Vietnam" report to their offering.
With increasing urbanization and growing demand for quality food, the food processing industry is growing at a rapid pace throughout the world. Vietnam is becoming a hub for food processing products as the industry has been growing at an annual rate of 20-30%. Changing consumption habits are making the processed food a big piece of cake for everyone in the country. Vietnamese now use more processed or preliminarily treated food to make meals, which is seen as a big opportunity for food processors, says a new research report "Processed Food Market in Vietnam", by RNCOS, a leading market research firm.
We have found that the food processing industry in Vietnam is highly fragmented but it will consolidate, with further opening of the market, and will provide more growth opportunities to foreign companies. The availability of processed and packaged foods will improve as modern food-retailing businesses expand their operations to meet rising demand from more affluent consumers. In order to exploit the opportunities, many processed food producers have already started focusing on making processed food for domestic sales instead of making food for export as previously. Meanwhile, distributors are now racing to conquer the market.
Our findings also reveal that despite the fast growing domestic demand, the processed food industry in the country is still largely export-oriented and primarily dominated by seafood and agriculture food products. Seafood export is mainly dominated by shrimps but overseas demand for Tuna and Tra fish has also soared significantly in recent years. In future, we expect that Tuna and Tra fish together will account for majority of the seafood exports. In the agriculture segment, rice and coffee constitute the majority of exports.
This essential report answers all the critical questions such as who are the key players, what are the opportunity area and the barriers before the industry. In addition, the research provides information of the future industry trends on the basis of past market growth, present trends and possible impact of recession on the economy.
We have done forecast analysis on following processed food products:
Sea Food
Shrimp
Tuna
Tra Fish
Fruit & Vegetable
Rice
Tea
Coffee
Meat
Milk
Key Topics Covered:
Analyst View
Macroeconomic Overview
Food Processing Industry
Market Performance and Future Outlook
Sea Food Products
Agriculture Food Products
Other Food Products
Latest Industry Trends
Organic Shrimp Farming
Higher Demand for Leg Shrimps
Sea Grapes - An Emerging Concept
Australia - A Promising Seafood Market
Russia Reopens Door for Vietnamese Seafood
New Coffee Trading Floors to Set-up
Key Players
Cafatex Corporation
LE ANH Seafoods
VISSAN
Vietnam Dairy Products JSC
Companies Mentioned:
Cafatex Corporation
Le Anh Seafoods
VISSAN
Vietnam Dairy Products JSC.
For more information visit http://www.researchandmarkets.com/research/cb0011/processed_food_mar

Contact:Research and MarketsLaura WoodSenior Managerpress@researchandmarkets.comFax 
      from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716

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