Vietnam Ice Cream Market Size & Insights

As per recent study by MarkNtel Advisors The Vietnam Ice Cream Market is anticipated to grow at a CAGR of around 6.2% during 2025-2030. The Ice Cream Market size in Vietnam was estimated at USD 180 million in 2024 and is anticipated to exceed USD 245 million by 2030.      

What are the Key DROs in the Vietnam Ice Cream Market?

Players Innovate in New and Exotic Flavors in Ice Cream, Gaining Traction in the Market - The consumers in Vietnam are increasingly exploring exciting flavors and varieties of ice cream. Therefore, companies operating in the country’s ice cream market have been launching new flavors such as black sugar pearl, blueberry, watermelon, strawberry yogurt, etc., to cater to the demand. For example, Kido Group launched the new Merino Kool Kem Che Co Ba Saigon, combining the flavor of traditional Vietnamese sweet soup with soft, creamy ice cream.

Kido has previously introduced the Merino Xplus, a crunchy red bean ice cream that has been blended with white chocolate and brown rice. To specifically appeal to Vietnamese consumers, the product was offered in a variety of traditional flavors, such as durian, taro, red bean, and green bean. Operating its production facilities also helps Kido Group because it reduces the time it takes to develop new products. This enables it to outperform its competitors in terms of staying abreast of consumer trends.

What are the Key Segments in the Vietnam Ice Cream Market?

The Vietnam Ice Cream is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

·       By Category

o   Impulse Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

§  Single Portion Dairy Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

§  Single Portion Water Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Take-Home Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

§  Take-Home Dairy Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Bulk Dairy Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Multi-Pack Dairy Ice Cream- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Artisanal Ice Cream - Market Size & Forecast 2020-2030, USD Million & Million Liters

·       By Leading Flavors

o   Vanilla- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Chocolate- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Strawberry- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Coconut- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Banana- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Green Tea- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Mango- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Durian- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Raisin- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Lemon- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       By Format

o   Cup- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Stick- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Cone- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Brick- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Others (Sandwich, Tub, etc.)- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       By Sales Channel

o   Retail Offline- Market Size & Forecast 2020-2030, USD Million & Million Liters

§  Grocery Retailers- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Convenience Retailers- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Convenience Stores- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Supermarkets- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Hypermarkets- Market Size & Forecast 2020-2030, USD Million & Million Liters

·       Small Local Grocers- Market Size & Forecast 2020-2030, USD Million & Million Liters

o   Retail E-Commerce- Market Size & Forecast 2020-2030, USD Million & Million Liters

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How does geographical analysis highlight in the Vietnam Ice Cream market?

By Region

• Northern
• Southern
• Central

Who are the Key Players in Vietnam Ice Cream Market?

·       Kido Group

·       Aice Yummy Vietnam Co. Ltd.

·       Unilever Vietnam International Co. Ltd.

·       Vietnam Dairy Products JSC (Vinamilk)

·       Trang Tien Service & Trading Co. Ltd.

·       Nestlé Vietnam Co. Ltd.

·       TNC Consumer Goods JSC

·       Phan Nam Monterosa Trading JSC

·       Thuy Ta JSC

·       others

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Vietnam Ice Cream Market News

• 2024: Magnum (Unilever Vietnam International Co. Ltd.) embraces the "mood food" trend with its latest indulgent ice cream range, blending rich flavors and sensory experiences.  

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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