DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/j9gm8j/studying) has announced the addition of the "Studying Vietnam's Dairy Sector 2015" report to their offering.
The report Studying Vietnam's Dairy Sector 2015 highlights key dynamics of Vietnam's dairy sector. The growing opportunity in the sector has been investigated along with current market scenario has also been examined. The report has profiles of key players in the market including Vinamilk, Nestle, Danone, Groupe Bel, Friesland Campina, Fonterra Co-operative Group Limited. The report contains latest industry leader's opinions.
Vietnam's dairy sector has immense potential for development and is currently being eyed by both local and foreign investors. Factors such as rising domestic demand, increasing affinity for Western cuisine, heavy investments and one of the lowest per capita milk consumption in the region are boosting the sector. The domestic milk production in Vietnam is not being able to keep up with the rising local demand. The milk production of 456.400 tonnes in 2013 was able to meet only 28% of the domestic demand.
With low cattle numbers and domestic production, Vietnam is heavily reliant on milk imports. In 2013, milk and milk products imports were valued at USD 1.1 billion, a rise of 130% compared to the previous year. This figure is expected to reach USD 3.6 billion by 2045. Vietnam currently exports dairy products to more than 29 foreign markets. The sector is stepping up modernization of the dairy farms at a rapid rate and is planning to increase the number of milk cows to 240,000 by 2015.
Key Topics Covered:
1. Vietnam Country Snapshot
2. Vietnam Dairy Sector
3. Market Drivers
4. Emerging Trends
5. Challenges
6. Competitive Landscape
7. Outlook
8. List of Charts and Graphs
9. Research Methodology
Companies Mentioned
- Danone
- Fonterra Co-operative Group Limited
- FrieslandCampina
- Groupe Bel
- Nestle
- Vinamilk
For more information visit http://www.researchandmarkets.com/research/j9gm8j/studying
