Vietnam Ice Cream Market Demand, Share, and Strategic Outlook

Vietnam Ice Cream Market Projected to Expand at 6.2% CAGR Through 2030

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. This is being driven by the hot and humid climate for more than nine months in a year, increasing disposable income of citizens, and evolving food trends making inroads for artisanal and exotic flavored ice creams. In addition, the booming tourism industry of Vietnam is immensely contributing to the growth of the ice cream industry. The companies are introducing new flavors to cater to the growing consumer needs, driven by local and foreign tourists’ arrivals. Expansion of distribution and point of sales is also anticipated to significantly contribute to the growth in the market.

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Strategic Takeaways from the Report:

Market Sizing and Forecasting
Regulatory and Policy Influence
Competitive Trends and MA Activity
Innovation Drivers and Disruptive Technologies
Investment Hotspots and Emerging Niches
Geographical Dynamics and Trade Flows

Vietnam Ice Cream Market Segment Overview Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Category

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

By Leading Flavors

Vanilla- Market Size Forecast 2020-2030, USD Million Million Liters
Chocolate- Market Size Forecast 2020-2030, USD Million Million Liters
Strawberry- Market Size Forecast 2020-2030, USD Million Million Liters
Coconut- Market Size Forecast 2020-2030, USD Million Million Liters
Banana- Market Size Forecast 2020-2030, USD Million Million Liters
Green Tea- Market Size Forecast 2020-2030, USD Million Million Liters
Mango- Market Size Forecast 2020-2030, USD Million Million Liters
Durian- Market Size Forecast 2020-2030, USD Million Million Liters
Raisin- Market Size Forecast 2020-2030, USD Million Million Liters
Lemon- Market Size Forecast 2020-2030, USD Million Million Liters

By Format

Cup- Market Size Forecast 2020-2030, USD Million Million Liters
Stick- Market Size Forecast 2020-2030, USD Million Million Liters
Cone- Market Size Forecast 2020-2030, USD Million Million Liters
Brick- Market Size Forecast 2020-2030, USD Million Million Liters
Others (Sandwich, Tub, etc.)- Market Size Forecast 2020-2030, USD Million Million Liters

By Sales Channel

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

By Region

Northern
Southern
Central.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Leveraging E-commerce and Social Media to Expand Consumer Base - Though e-commerce tends to remain insignificant for the ice cream industry. The online channels are anticipated to be most important for the players to promote their brands. The online channel includes buyer engagement through some of the well-known social media platforms. Such as TikTok, Facebook, etc., which are highly used in Vietnam. Additionally, retailers like traditional stores, 7-Eleven, and some foodservice channels, such as restaurants, are using platforms like Grab and Zalo in order to get a higher consumer base.

For example, in 2023, Kido Group collaborated with TikTok to create a shopping entertainment channel. They made their first appearance in Vietnam for the entertainment and shopping platform on TikTok, giving its users an experience of both watching entertainment content while discovering and buying Kido Group’s ice creams through TikTok itself. The purpose was to become a commercial channel for entertainment, food reviews, fashion, etc. While focusing mainly on the enhancement of the brand image, which helps further boost the sales and hence increases the demand.

Vietnam Ice Cream Market Competitive Snapshot from 2025-2030

The report highlights established and emerging players in the global Vietnam Ice Cream Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

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

Their activities include partnerships, product launches, and geographic expansions.

Vietnam Ice Cream Industry Prime Challenge

Price Sensitivity, Health Concerns, and Limited Product Diversity Restricting Growth - Though Vietnam is currently witnessing a slight increase in the retail volume of ice cream, several challenges still hinder the overall market growth. Vietnam is categorized as a lower-middle-income country in 2025. The consumers are price-sensitive and prefer the budget category ice creams. Despite growing traction, imported and artisanal ice creams are often seen as luxury items. Additionally, the ice creams are generally high in sugar content, hence they don’t align with the health and wellness trends of the consumers. Although the brands have been gradually introducing low-fat, low-sugar, or dairy-free ice creams, these products remain niche and expensive, limiting their mass appeal.

Frequently Asked Questions (FAQs):

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