Vietnam Plant Protein Market: Growth Trends, Business Opportunities & Future Outlook to 2029

According to ConsumerIntel360, plant protein market in Vietnam is expected to grow by 27.7% on annual basis to reach US$64.7 million in 2025.

The plant protein market in the country has experienced robust growth during 2020-2024, achieving a CAGR of 29.8%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 23.7% during 2025-2029. By the end of 2029, the plant protein market is projected to expand from its 2024 value of US$ 50.7 million to approximately US$ 191.3 million.

This report provides a detailed data-centric analysis of the plant protein industry in Vietnam, covering market opportunities and analysis across a range of plant protein, product categories, domains. With over 50+ KPIs at the country level, this report provides a comprehensive understanding of plant protein market dynamics, market size and forecast, and market share statistics.

It breaks down market opportunities by protein consumption, functional segment, product categories, ingredients, and, price point. In addition, it provides a snapshot across city, age, and, demographics. The report also segments the market by sales channel and retail outlet, offering insights into end user trends. KPIs in value terms help in gaining an in-depth understanding of end-market dynamics.

ConsumerIntel360’s research methodology is based on industry best practices. Its unbiased analysis leverages a proprietary analytics platform to offer a detailed view of emerging business and investment market opportunities.

Scope

This report provides an in-depth, data-centric analysis of the plant protein market in Vietnam 2020-2029. Below is a summary of key market segments:

Protein Consumption Market Size and Future Growth Dynamics
• Protein Industry
• Plant Protein Consumption Per Capita
• Plant Protein Consumption

Plant Protein Market Share by Functional Segment
• Ready To Mix
• Ready To Eat
• Ready To Drink
• Ready To Cook

Plant Protein Market Share by Product Categories
• Nutrition Supplements
• Protein Bars
• Sports Nutrition
• Meal Alternative
• Dairy Alternatives
• Meat Alternatives
• Bakery Products
• Infant Formulas
• Other Product Categories

Plant Protein Market Share by Ingredients
• Soy
• Pea
• Beans & Lentils
• Hemp
• Flaxseed, Pumpkin & Other
• Brown Rice
• Quinoa
• Spirulina & Seaweed
• Nuts
• Other Ingredients

Plant Protein Market Share by Price Point
• Premium Pricing
• Mid Tier Pricing
• Low End Pricing

Plant Protein Market Share Analysis by City
• Tier 1 City
• Tier 2 City
• Tier 3 City

Plant Protein Consumption Market Share by Age
• Baby
• Kids & Teens
• Young Adults & Mid Age
• Old Age

Plant Protein Market Share by Demographics
• Income
• Gender

Plant Protein Market Share by Sales Channel
• Online
• Offline

Plant Protein Market Share by Retail Outlet
• Diversified Stores
• Pharmaceutical & Wellness Stores
• Healthcare and Fitness Centers
• Specialist Sports Stores

Reasons to Buy

• In-depth understanding of plant protein market dynamics: Understand market opportunity, industry dynamics, key trends, and drivers across different market segments and sub-segments of the industry in Vietnam.

• Develop market-specific strategies: Identify growth segments and target specific opportunities to formulate your investment strategy; assess market-specific key trends, drivers, and risks in the industry.

• Get market share analysis by segments in Vietnam: Get a detailed analysis across different segments protein consumption, functional segment, product categories, ingredients, price point, city, age, demographics, sales channel, and, retail outlet.