The food manufacturing industry in Vietnam has become a key contributor to the country's economic growth in recent years. With the government's efforts to promote agricultural and industrial development, the industry has seen significant growth and success. In this article, we will examine the key statistics from 2022, the factors contributing to the industry's growth and success, industry growth and comparison to previous years, key trends, challenges, and future outlook.
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ROQUETTE
4,296
+65 6229 2777
About ROQUETTE “Offering the best of nature”Roquette is a family-owned global leader in plant-based ingredients, a pioneer of plant proteins and a leading provider of pharmaceutical excipients.Founded in 1933, the company currently operates in more than 100 countries, has a turnover of 3.9 billion euros, and employs more than 8,000 people worldwide.Life and nature have been our sources of inspiration for decades.All our raw materials are of natural origin. From them, we enable a whole new plant protein cuisine; we offer pharmaceutical solutions that play a key role in medical treatments; and we develop innovative ingredients for food, nutrition and health markets. We truly unlock the potential of nature to improve, cure and save lives.Thanks to a constant drive for innovation and a long-term vision, we are committed to improving the well-being of people all over the world.We put sustainable development at the heart of our concerns, while taking care of resources and territories. We are determined to create a better and healthier future for all generations. Join Roquette’s team today!Visit us online:http://www.roquette.com
LESAFFRE
3,754
+65 6849 9200
Acteur majeur mondial de la fermentation depuis plus d’un siècle, Lesaffre, 2 milliards d’euros de chiffre d’affaires, implanté sur tous les continents, compte 10 700 collaborateurs et plus de 85 nationalités. Fort de cette expérience et de cette diversité, nous collaborons avec clients, partenaires et chercheurs, pour trouver des réponses toujours plus pertinentes aux besoins de nutrition, de santé, de naturalité et de respect de notre environnement. Ainsi, chaque jour, nous explorons et révélons le potentiel infini de la levure et des micro-organismes. Nourrir sainement 9 milliards d’habitants en 2050 en utilisant au plus juste les ressources de la planète, est un enjeu majeur et inédit. Nous croyons que la fermentation est l’une des réponses les plus prometteuses à ce défi.
BUNGE
16,878
+65 6227 0090
At Bunge (www.bunge.com, NYSE: BG), our purpose is to connect farmers to consumers to deliver essential food, feed and fuel to the world. With more than two centuries of experience, unmatched global scale and deeply rooted relationships, we work to put quality food on the table, increase sustainability where we operate, strengthen global food security, and help communities prosper. As the world’s leader in oilseed processing and a leading producer and supplier of specialty plant-based oils and fats, we value our partnerships with farmers to improve the productivity and environmental efficiency of agriculture across our value chains and to bring quality products from where they’re grown to where they’re consumed. At the same time, we collaborate with our customers to create and reimagine the future of food, developing tailored and innovative solutions to meet evolving dietary needs and trends in every part of the world. Our Company is headquartered in St. Louis, Missouri, and we have more than 22,000 dedicated employees working across more than 300 facilities located in more than 40 countries.
COFCO INTERNATIONAL
6,107
+65 6805 8600
COFCO International is a global agri-business with a clear vision, strong values and a positive culture, focused on being a leader in the global grains, oilseeds and sugar supply chains. We provide the food the world needs in a responsible way. Headquartered in Geneva, Switzerland, we are ambitious, with the right structures and culture to meet the world’s increasing and changing needs. With 11,000+ people in 35 countries, our global portfolio includes assets across the Americas, Europe, Africa, Middle East, and Asia-Pacific. We trade with over 50 nations, while providing farmers unique direct access to the growing Chinese market.
DANONE
67,302
+65 6213 9000
Danone is a leading multi-local food and beverage company building on health-focused and fast-growing categories in 3 businesses: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition. With its ‘One Planet. One Health’ frame of action, which considers the health of people and the planet as intimately interconnected, Danone aims to inspire healthier and more sustainable eating and drinking practices. To accelerate this food revolution and create superior, sustainable, profitable value for all its stakeholders, Danone has defined nine 2030 Goals, and paved the way as the first listed company to adopt the “Entreprise à Mission” status in France. With a purpose to bring health through food to as many people as possible, and corresponding social, societal and environmental objectives set out in its articles of association, Danone commits to operating in an efficient, responsible and inclusive manner, in line with the Sustainable Development Goals (SDGs) of the United Nations. By 2025, Danone aims to become one of the first multinational companies to obtain B CorpTM certification. With more than 100,000 employees, and products sold in over 120 markets, Danone generated €25.3 billion in sales in 2019. Danone’s portfolio includes leading international brands (Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danonino, evian, Nutricia, Nutrilon, Volvic, among others) as well as strong local and regional brands (including AQUA, Blédina, Bonafont, Cow & Gate, Horizon Organic, Mizone, Oikos, Prostokvashino, Silk, Vega). Listed on Euronext Paris and present on the OTCQX market via an ADR (American Depositary Receipt) program, Danone is a component stock of leading sustainability indexes including the ones managed by Vigeo Eiris and Sustainalytics, as well as the Ethibel Sustainability Index, the MSCI ESG Indexes, the FTSE4Good Index Series, Bloomberg Gender Equality Index, and the Access to Nutrition Index.
DIANA
963
+65 6779 4551
Diana was acquired by the Symrise Group years ago, a global supplier of fragrances, flavors, food, nutrition and cosmetic ingredients. This page is not updated anymore, please follow the Symrise AG page for all news.
GREENFEED GROUP
398
+84 272 3632 881
Established in 2003, GREENFEED has grown from a feed mill into a fully integrated Feed – Farm – Food chain providing effective products and solutions for the industries. Our integrated 3F food chain owns:• Leading animal feed brands, satisfying the standards of ISO 22000, HACCP, GLOBAL GAP, BAP.• GF24 (Camborough®48) – a swine breed from PIC – a global leading company in breed genetic.• Clean-food brand G Kitchen with more than 100 products, including: chilled, frozen meat and processed products, has been available at more than 39,000 stores, supermarkets and distributors in Ho Chi Minh City, Hanoi and other provinces. Moreover, MAMACHOICE provides clean and tasty hot-meat products in order to serve the demands of mass consumers segment.At GREENFEED, people are considered as our important asset. Finding Right People in the Right Roles is our philosophy of talent acquisition. At the same time, our leadership team and the staff share the ethic of working towards the common goals, prioritizing sustainable achievements over one-off short-term results.Company’s Mission:GREENFEED builds quality and trusted brands that relentlessly innovate and create sustainable values for customers and society.Company’s Vision: GREENFEED to become a leading, effective and trusted brand across the food value chain globally, accompanied with technological advancements.
AAK
2,761
+65 6916 0320
Everything we do is about Making Better Happen™.AAK specializes in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. We enhance their sensory experience – by giving the silkier mouthfeel in premium chocolate, the juicier texture in a plant-based burger, and the puffier appearance in a lower-fat pastry. We can also optimize their production by substituting existing ingredients with plant-based equivalents that give better efficiency. AAK’s value-adding solutions enable our customers to be successful in a better way.At the heart of AAK’s offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 16 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities.Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen™ for more than 150 years.
EW NUTRITION
314
+65 6735 2395
EW Nutrition is an animal nutrition company that offers integrators, feed producers, and self-mixing farmers comprehensive animal nutrition solutions for gut health management, feed quality, young animal nutrition, and more.Our mission is to mitigate the impact of antimicrobial resistance by providing comprehensive animal nutrition solutions. To turn our commitment into reality, each of our programs delivers a key dimension of our mission. By pursuing our objectives in animal nutrition, our work contributes to increasing the efficacy of human healthcare.In close cooperation with each customer, we develop tailor-made solutions to improve performance parameters and animal welfare. These solutions typically include services, products and consultancy.Customers are served directly by our own personnel in 50 countries. Our tagline, “Functional Innovations backed by Science”, is operationalized through technical support at local, regional, and global level.EW Nutrition researches, develops, manufactures, markets, and services its products and programs. Headquartered in Germany, EW Nutrition operates manufacturing facilities on 4 continents. Innovation is driven by our own research labs in Germany, with development centers in the 5 most important animal nutrition markets. New biotechnology-based solutions are upscaled at EW Nutrition’s subsidiary EW Biotech.Our actions are based on our core values: always putting the customer first, continuously seeking excellence, being curious, understanding the needs of our customers, and using this knowledge as a basis for innovation, program development, and tailor-made solutions.ew-nutrition.com
KEMIN INDUSTRIES
1,790
+65 6755 1633
Kemin Industries is a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services. The company supplies over 500 specialty ingredients for human health, food safety and protection of the global food supply chain. Kemin ingredients offer solutions across various industries including animal health, nutraceuticals, pet food, food technologies, crop technologies, textiles, aquaculture and animal vaccines. Serving customers in more than 120 countries, Kemin works each day to provide ingredients that feed a growing population and is committed to the quality, safety and efficacy of food, feed and health-related products.Established in 1961, Kemin is a privately held, family-owned-and-operated company with more than 3,000 global employees and operations in 90 countries, including manufacturing facilities in Belgium, Brazil, China, India, Italy, Russia, San Marino, Singapore, South Africa and the United States.
LOUIS DREYFUS COMPANY
10,248
+65 6735 9700
Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Carbon Solutions, Food & Feed Solutions, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally. For more information, visit www.ldc.com.
FRIESLANDCAMPINA
16,157
+65 6580 8100
Royal FrieslandCampina N.V. is fully owned by Zuivelcoöperatie FrieslandCampina U.A., with 15,703 dairy farmers in the Netherlands, Belgium and Germany as members. Through the cooperative, these member dairy farmers own the company. Together with member dairy farmers, FrieslandCampina manages the entire production chain: from grass to glass. FrieslandCampina provides consumers with dairy products, such as milk, yoghurt, condensed milk, dairy-based beverages, cheese, butter, quark and cream. The dairy company supplies specific nutrition geared to meet the needs of specific consumer groups, such as children, the elderly and sportspeople. Professional customers, such as bakers, pastry chefs, chocolate confectioners, chefs and caterers can also rely on our broad product range, including creams, butter, desserts and fillings. In addition, the company supplies high-quality ingredients to international foodproducers and pharmaceutical companies. In 2021, 10,564 member dairy farms in the Netherlands, Germany and Belgium supplied almost 10 billion kilos of milk for processing into dairy products and ingredients. FrieslandCampina has branches in 32 countries and exports to more than 100 countries worldwide. In 2021, FrieslandCampina employed an average of 22,961 employees (FTEs).Our company has an inclusive culture that reflects our heritage. That means people here are open, friendly, straight-forward and pragmatic. Our team players are always seeking collaborations built on trust and respect, and that spirit fuels the power of ‘We’. Our culture is about embracing the power of differences in order to grow together. It is the diversity of our people, their individual enthusiasm and collective commitment to shaping the future of dairy that makes FrieslandCampina such a special place to work. We believe that when you stay true to your nature, you will get the most out of your natural potential. If that is in your nature too. Bring your spark. Join us. Grow with us.
FOOD EMPIRE
138
+65 6622 6900
SGX Mainboard-listed Food Empire Holdings is a a multinational food and beverage manufacturing and distribution group headquartered in Singapore. Food Empire’s products are sold in over 60 countries, spanning North Asia, Eastern Europe, South-East Asia, Central Asia, the Middle East, and North America. The Group has 23 offices worldwide and operates 8 manufacturing facilities located in 5 countries.Food Empire’s branded products include a wide variety of beverages and snack food, such as regular and flavoured coffee mixes and cappuccinos, chocolate drinks, flavoured fruit teas, bubble tea, instant cereal mixes and potato crisps. Its food ingredients business comprises of Freeze Dry instant coffee, Spray Dry instant coffee as well as non-dairy creamer.Food Empire owns a family of proprietary brands – including MacCoffee, Café PHO, Petrovskaya Sloboda, Klassno, Hillway and Kracks. MacCoffee – the Group’s flagship brand – has been consistently ranked as the leading 3-in-1 instant coffee brand in the Group’s core markets. The Group employs sophisticated brand building activities, localised to match the flavour of the local markets in which its products are sold.Since its public listing in 2000, Food Empire has won numerous accolades and awards including being recognised as one of the “Most Valuable Singapore Brands” by IE Singapore (now known as Enterprise Singapore), while MacCoffee has been ranked as one of “The Strongest Singapore Brands”. Forbes Magazine has twice named Food Empire as one of the “Best under a Billion” companies in Asia and the company has also been awarded one of Asia’s “Top Brand” by Influential Brands.Food Empire was presented with the Sustainability Award at the Securities Investors Association (Singapore) 20th Investors’ Choice Award and also emerged as the winner of The Enterprise Award at the Singapore Business Awards 20/21.
BARRY CALLEBAUT GROUP
8,111
+65 6486 7118
The Zurich based Barry Callebaut Group is the world’s leading manufacturer of high-quality chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®.The Barry Callebaut Group is committed to making sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods.
SYMRISE AG
5,901
+65 6779 4551
Symrise develops, produces and sells fragrance, flavoring and food ingredients, cosmetic active ingredients and raw materials as well as functional ingredients and solutions that enhance the sensory properties and nutrition of various products. With a market share of 10 % (2021), Symrise is one of the worlds top suppliers in the F&F market.The company’s approximately 34,000 products are mainly produced on the basis of natural raw materials like vanilla, citrus fruits, onions, fish, meat, blossoms and plant materials. Its flavors, substances, perfume oils and sensory solutions are often central functional components for its customers’ end products. These customers include manufacturers of perfumes, cosmetics and foods, the pharmaceutical industry and producers of nutritional supplements, pet food and baby food.The company has two segments: Taste, Nutrition & Health and Scent & Care.The Taste, Nutrition & Health segment is built around Food & Beverage, Pet Food and Aqua Feed. The Taste, Nutrition & Health segment uses its combined expertise as well as scientific research to offer customers and partners unique, natural ingredient-based and sustainable solutions in the areas of taste, nutrition and health.The Scent & Care segment breaks down into the Fragrance, Cosmetic Ingredients and Aroma Molecules divisions. They produce and sell fragrances, cosmetic ingredients, aroma molecules and mint aromas. The segment has sites in more than 30 countries and markets over 16,000 products in 135 countries. The combination of the segments Taste, Nutrition & Health and Scent & Care sets us apart from the competition. Through it, we offer our customers a unique portfolio, work in innovative segments and tap new markets.
TATE & LYLE
3,321
+65 6335 7700
Tate & Lyles purpose, Transforming Lives Through the Science of Food, inspires everything we do. Whether it’s by making food and drink healthier and tastier; continuously improving how we work; promoting a safe working environment; or making a difference to our local communities, we believe we can successfully grow our business and have a positive impact on society. What is it we do? Simply put, we make healthy food tastier and tasty food healthier. Our work is driven by consumer health needs and trends, governments desire to build and support healthy communities, and the need for affordable food and nutrition in many parts of the world. We deliver ingredients and solutions to meet all these needs. Our speciality sweeteners and fibres help reduce sugar and calories. Our fibres fortify food and improve digestive health. Our texturants and stabilising systems help extend shelf-life and make food manufacturing easier. Across the globe, we are transforming lives through the science of food. And we need talented and skilled people to help us on this journey.
FONTERRA
12,676
+65 6800 8888
Fonterra Cooperative Group is the worlds largest exporter of dairy products, a leader in dairy science and innovation, owner of a significant portfolio of brands in Asia Pacific, and a partner to many of the worlds leading food companies. Fonterra is headquartered in New Zealand, with offices in more than 40 countries around the world.
INTERFLOUR GROUP PTE LTD
118
+65 6250 8626
Interflour Group brings together some of the finest flour mills in Southeast Asia with 10 mills operating in Indonesia, Malaysia, Vietnam, the Philippines and Turkey. Interflours modern mills have a total milling capacity of more than 2 million tons per year making it one of the largest flour millers in the region.Interflour is a joint venture between Indonesia’s Salim Group and Western Australian grain grower co-operative CBH Group. Bringing the expertise of these organisations together is what makes us unique, having insight from the paddock to the end user.Subsidiaries:Flour Businesses:PT Eastern Pearl Flour Mills - IndonesiaPT Golden Grand Mills - Indonesia Prestasi Flour Mill - MalaysiaSarawak Flour Mill - MalaysiaSabah Flour & Feed Mills - MalaysiaLahad Datu Flour Mill - MalaysiaInterflour VietnamInterflour Da Nang - VietnamMabuhay Interflour - PhilippinesIntermil Un - TurkeyMalt Business:Intermalt - VietnamPort Business:Interflour Cai Mep Port - Vietnam
MONDELĒZ INTERNATIONAL
38,668
+65 6303 6900
Mondelēz International, Inc. (NASDAQ: MDLZ) is an American multinational confectionery, food, and beverage company based in Illinois which employs approximately 80,000 individuals around the world.Our PurposeOur purpose is to empower people to snack right. We will lead the future of snacking around the world by offering the right snack, for the right moment, made the right way.Our BrandsWe’re leading the future of snacking with iconic brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum.Our People Our 80,000+ colleagues around the world are key to the success of our business. Our Values and Leadership Commitments of Love our Consumers and Brands, Grow Every Day, and Do Whats Right shapes our culture – what we believe in, stand for, and what guides our actions and decisions. Great people and great brands. That’s who we are.Our StrategiesWe are uniquely positioned to lead the future of snacking with strong leadership in our categories, an unparalleled portfolio of global and local brands and a solid footprint in fast-growing markets. Aimed at delivering sustainable growth, our strategic plan is centered around three strategic priorities:• Growth: accelerate consumer-centric growth• Execution: drive operational excellence• Culture: build a winning growth culture
JAPFA
4,005
+65 6735 0031
JAPFA is an agribusiness company that engages mainly in the production of animal feed, poultry breeding, commercial farm, consumer products, aquaculture, and beef cattle farming. Founded in Indonesia and now headquartered in Singapore, we employ over 32,000 people across an integrated network of modern farming, processing and distribution facilities in Indonesia, China, Vietnam, India and Myanmar. “Growing Towards Mutual Prosperity” is the companys strong belief in the nurturing of mutually rewarding relationships based on trust and integrity. JAPFA aims to be the leading dependable provider of affordable protein foods in Emerging Asia by building on the foundation of our excellent teamwork and proven experience for the benefit of all stakeholders.”
Top Food Manufacturing Companies in Vietnam
Key Statistics from 2022
According to the General Statistics Office of Vietnam, the food manufacturing industry grew by 9.2% in 2022, contributing 1.17% to the country's GDP. The industry provided employment to over 1.4 million people, accounting for 2.3% of the country's total workforce. The total value of food and beverage production reached VND 4,920 trillion (approximately USD 214 billion), an increase of 14.1% compared to the previous year.
Factors Contributing to its Growth and Success
The growth and success of the food manufacturing industry in Vietnam can be attributed to various factors, including the government's efforts to promote agricultural and industrial development. The government has implemented policies to encourage investment in the agriculture sector, such as tax incentives and land use policies. Additionally, the government has invested heavily in infrastructure, such as transportation and irrigation systems, to support agricultural development and increase productivity.
Another factor contributing to the industry's growth and success is the country's abundant natural resources. Vietnam has a diverse range of agricultural products, including rice, coffee, and seafood, which are in high demand both domestically and internationally. The country's favorable climate and fertile soil provide ideal conditions for agriculture, contributing to the industry's success.
Industry Growth and Comparison to Previous Years
The food manufacturing industry in Vietnam has experienced steady growth over the past decade. In 2011, the industry's growth rate was 5.6%, and by 2022, it had increased to 9.2%. The total value of food and beverage production has also increased from VND 1,654 trillion in 2011 to VND 4,920 trillion in 2022. These figures highlight the industry's significant contribution to Vietnam's economic growth.
Key Trends
Technological advancements have been a key trend in the food manufacturing industry in Vietnam. The use of technology, such as automation and digitalization, has become increasingly popular in the industry, allowing for more efficient and cost-effective production processes. Additionally, the adoption of sustainable practices, such as reducing food waste and improving packaging materials, has become more widespread, with an increasing number of companies seeking to be more environmentally friendly.
Another trend is the increasing demand for organic and natural foods. Consumers are becoming more health-conscious and are seeking products that are free from artificial preservatives and chemicals. This presents an opportunity for the industry to expand its production of organic and natural foods and cater to this growing demand.
Challenges
Despite the industry's growth and success, it still faces several challenges. One of the main challenges is the lack of food safety standards and regulations. Ensuring food safety and quality is critical to the industry's success, and there is a need for more stringent regulations and standards to ensure that food products meet the required standards.
Another challenge is the limited access to financing for small and medium-sized enterprises in the industry. These enterprises play a critical role in the industry, but they often struggle to access financing from banks and other financial institutions. This can limit their ability to invest in technology and equipment, hindering their growth and competitiveness.
Future Outlook
The future outlook for the food manufacturing industry in Vietnam is positive. The industry's growth and success over the past decade have been driven by the government's efforts to promote agricultural and industrial development, as well as the industry's adoption of technology and sustainable practices. Looking ahead, the industry will continue to play a critical role in the country's economic development.
One potential area for further growth in the industry is the development of value-added products. With the increasing demand for high-quality and unique food products, there is an opportunity for the industry to expand its production of value-added products, such as gourmet foods and organic products. This will require investment in research and development, as well as collaborations with domestic and international partners to develop innovative products and expand their market reach.
Another potential area for growth is the development of the food processing industry in rural areas. While the food manufacturing industry has experienced significant growth in urban areas, there is still potential for growth in rural areas, where the majority of agricultural production takes place. The development of the food processing industry in rural areas will create employment opportunities and contribute to the development of rural economies.
Conclusion
In conclusion, the food manufacturing industry in Vietnam has experienced significant growth and success over the past decade, driven by the government's efforts to promote agricultural and industrial development, as well as the industry's adoption of technology and sustainable practices. Addressing challenges such as food safety and limited access to financing for small and medium-sized enterprises will be critical to sustaining the industry's growth in the long term. The development of value-added products and the expansion of the food processing industry in rural areas present exciting opportunities for the industry to continue its contribution to the country's economic and social development.