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Vietnam Feed Concentrate and Base Mix Market – Segmented by Animal Type, and Feed Type – Growth, Trends, and Forecast (2018 – 2023)
| Animal Nutrition & Wellness | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Animal Nutrition & Wellness
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese feed concentrate and base mix market was valued at USD 3.73 billion in 2018, and it is projected to reach USD 4.95 billion by 2024, with a CAGR of 4.85%, during the forecast period, 2019-2024.
Increasing consumption of animals and animal by-products, government strategies to improve the agricultural condition of the country, and improvement in the meat export sector are driving the market studied.
The fluctuation in grain prices in the country, government regulations, and the demand-supply gap in protein sources for animal feed are restraining the market studied.
Scope of the Report
The report contains an analysis of various parameters of the Vietnamese feed concentrate and base mix market. The study includes various kinds of growth promoters that are given to farm animals. The market has been segmented on the basis of the type of animal. The study involves the analysis of the growth promoters and the market demand for them. The report presents wide-range analysis of market shares, size, and trends in the Vietnamese feed concentrate and base mix market. The market operates in the B2C mode, and market sizing has been done at the consumer level.
Key Market Trends
Demand – Supply Gap in Protein Sources for Animal Feed is Restraining the Market
Amino acid, a form of protein, is an important ingredient of base mix and is also an important component added to feed concentrates. Presently, Vietnam imports a large amount of input materials, like protein for feed processing. In the future, the demand for animal feed and feedstuffs may continue to increase, due to the growth of livestock production, particularly by large-scale commercial farms. The domestic demand for protein in the manufacturing of base mix may increase the import of amino acids in the country, which is expected to increase the price of base mix and feed concentrates in the country. The major sources of protein for base mix are soymeal, fishmeal, and synthetic amino acid. Vietnam is not self-sufficient to meet the domestic demand for protein. As a result, the country is primarily dependent on the import of these products, which in turn, increases the price of the final product, base mix, and feed concentrates.
The Poultry and Swine Segments Dominate the Vietnam Feed Concentrate and Base Mix Market
The consumption of animal feed in Vietnam is directly proportional to the development of the livestock sector. Home-made feed is popular in the country, owing to the slightly decreasing prices of feed ingredients, while the price of commercially-made feed remains constant. While preparing home-made feed, Vietnamese farmers depend upon their experience and make use of premixes, base mixes, and concentrates, in order to achieve a good feed conversion ratio. However, the switch from backyard farming to intensive/industrial farming, consisting of suitable machinery and equipment, is driving the demand for commercially-prepared feed in the country. The demand for poultry and swine feed accounts for 97% of the total feed consumption in Vietnam. Only 3% of the feed is used for livestock other than poultry and swine. The Vietnamese cattle segment is small. The country’s poultry segment consists of chicken, duck, and goose.
Competitive Landscape
In the Vietnamese feed concentrate and base mix market, companies are investing heavily to develop new products, and collaborating and acquiring other companies. This factor is expected to increase their market shares and strengthen the R&D activities. Companies, like Cargill Inc., Nutreco, and Mixscience, are the major players in the Vietnamese feed concentrate and base mix market. The animal feed industry of Vietnam, despite being among world’s fastest-growing ones, in terms of scale and output, is dominated by foreign firms, while local producers are struggling to compete. As a result, no firm is able to dominate the local animal feed market. CP Vietnam is Vietnam’s biggest animal feed producer. It has roughly a share of 15%-20% of the market. However, when it comes to feed concentrate and base mix, its share is even less.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Industry Attractiveness – Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Regulatory Policy Analysis
5. MARKET SEGMENTATION
5.1 Animal Type
5.1.1 Ruminant
5.1.2 Poultry
5.1.3 Swine
5.1.4 Companion Animals
5.2 Feed Type
5.2.1 Concentrate
5.2.1.1 Energy Feed
5.2.1.2 Protein Feed
5.2.2 Basemix
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Manufacturers
6.3.1.1 EuromiX
6.3.1.2 Cargill Inc.
6.3.1.3 Nutreco
6.3.1.4 Mixscience
6.3.2 Other Companies
6.3.2.1 The Honest Kitchen
6.3.2.2 Dachan Food
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Animal Type
Ruminant
Poultry
Swine
Companion Animals
Feed Type
Concentrate
Energy Feed
Protein Feed
Basemix
Vietnam Aquaculture Feed Market Share, Size – Segmented by Feed Type (Fish Feed, Mollusks Feed, Crustaceans Feed) – Growth, Trends, and Forecast (2018 – 2023)
| Animal Nutrition & Wellness | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Animal Nutrition & Wellness
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese aquaculture feed market was valued at USD 2.61 billion in 2018 and is projected to reach USD 3.67 billion, with a CAGR of 5.9% during the forecast period (2019-2024). The drivers identified in the market are an increase in export demand for aquaculture products, steady change in diet preferences, and increasing fish consumption. The restraints identified in the market are environmental concerns on water quality and lack of cost-effective feeds and feeding strategies.
Scope of the Report
Aquafeed is a mixture of raw materials, additives, and other supplements, sourced from either natural or synthetic sources and are fed to farmed fish. Soybean meal, fishmeal, fish oil, and carp are the most commonly used raw materials. Aquafeed is commonly available in the form of pellets, which contain vital ingredients for fish, administered externally. These pellets vary in size, depending on the species that has to be fed. In addition, properties of these feeds can be altered to make them float on the water surface or sink to the bottom of the tanks, where fishes are reared. Furthermore, the content of various nutrients in the feed can be controlled, and this resulted in the growth and rise in popularity of the aquafeed industry over the past few years. They are made for aquatic species, such as fish, crustaceans, and molluscs.
Key Market Trends
Increase in Export Demand is driving the market
The growing demand for aquaculture products has a direct implication on the production of high yield aqua feed. Intensive aquaculture depends on commercially manufactured aqua feed, though most of the inland farmers in the country rely on farm-made feed. As a member of ASEAN, Vietnam involved in several bilateral and free trade agreements, which created a huge demand for Vietnamese aqua feed in major economies, such as the United States, North America, China, and India. Usually, all the good quality feed is exported to major markets and crop residues, such as leaves, grasses, corn, cassava, fish trash are used as their internal feed ingredients, which in turn affect the pond ecosystem. To reduce the environmental impact, the government focused on introducing nutritious system feeding concept, which not only feeds the farm creatures but also improves the overall ecosystem of it.
Vietnam Aquaculture Feed Market is segmented by Feed Type into Fish Feed
The aquafeed market has seen a hike in its growth rate over the last two decades. The aquafeed industry is growing, majorly because of the increasing consumer inclination toward seafood throughout Vietnam, and also the increasing aquaculture activities. The fish farming industry is shifting gradually from extensive farming to the feed-dependent intensive or semi-intensive farming system. Aquaculture depends on farm-made feed or costly commercial aquafeed. One of the main restraints for this market is the increasing cost of feed ingredients and raw materials.
Competitive Landscape
In the Vietnamese aquaculture feed market, companies are not only competing based on product quality and promotion but are also focused on strategic moves, to hold larger market share. The market is consolidated in nature, with the major players holding more than 60% share of the aquaculture feed market.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Feed Type
5.1.1 Fish Feed
5.1.1.1 Carp Feed
5.1.1.2 Salmon Feed
5.1.1.3 Tilapia Feed
5.1.1.4 Catfish Feed
5.1.1.5 Other Feed Types
5.1.2 Molluscs Feed
5.1.3 Crustaceans Feed
5.1.3.1 Shrimp Feed
5.1.3.2 Other Crustacean Feed
5.1.4 Other Aqua Feed
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Market Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Archer Daniels Midland Co.
6.3.2 Cargill Inc.
6.3.3 Nutreco NV
6.3.4 BASF SE
6.3.5 Biomin GmbH
6.3.6 INVE Aquaculture Inc.
6.3.7 Skretting
6.3.8 Aller Aqua
6.3.9 De Heus LLC
6.3.10 Altech Inc.
6.3.11 Anvet Pharma
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
MARKET SEGMENTATION
Feed Type
Fish Feed
Carp Feed
Salmon Feed
Tilapia Feed
Catfish Feed
Other Feed Types
Molluscs Feed
Crustaceans Feed
Shrimp Feed
Other Crustacean Feed
Other Aqua Feed
Vietnam Digital Signage Market – Growth, Trends, and Forecasts (2018 – 2023)
| Electronics | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Electronics
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese digital signage market was valued at USD 373.55 million in 2017, and is expected to reach USD 645.83 million by 2023, recording a CAGR of 9.39% during the forecast period (2018-2023).
Asia-Pacific has several developing nations with rapidly developing economies. There have been large scale investments by major players, in various regional industries. In Vietnam, there exists cut-throat competition between the companies of the neighboring origin and large multi-national corporations trying to establish a foothold on the regional market. Technological advancements in the recent past have led to the development of OLEDs that offer much clearer picture and are not very expensive, than the other available solutions.
The retail industry was expected to be the largest revenue share holder in the display advertising revenue. Vietnam lags behind on the economic scale, as compared to the neighboring nations in the region, and is expected to witness significant growth in the near future, owing to the increasing interest of large conglomerates willing to enter the market and compete with local manufactures and enterprises for control over the market.
Technological Advancements Reduce the Costs of Infrastructure and Displays
Digital signage is being pervasively used in and on all modes of public transportation, to meet the needs of on-the-go viewers, providing real time, location- and context-awareness related to traveler information and advertising. Technological advancements have led to the development of better and higher quality products, leading to conventionally new players reducing prices and being affordable for the smaller industries and enterprises.
Liquid Crystal Display (Plasma) Expected to Dominate the Market
LCDs allow smoother scrolling text and reduced motion blur in digital signage messaging, which are important considerations, as visual displays are being deployed for critical purposes, to drive sales and engage customers. The result is a high contrast ratio, which offers a better picture and energy savings. The system, with rate A and B in the biggest cities, especially Hanoi and Ho Chi Minh City, is currently attracting 2.16 million views per day, around 70% of the total screen view in all commercial buildings. The largest urban populated cities, such as Hanoi and Ho Chi Minh, have deployed digital signage systems in commercial buildings as well.
Commercial Segment Dominated the Digital Signage Market
The retail sector has been the largest contributor to the digital signage market in the country. The growth of the market in the retail sector can be attributed to the increasing implementation of digital marketing and advertisements. As a well-structured digital signage and campaign has a significant effect on the consumer decision, they boost sales at a major scale. Digital signage systems are finding their place in retail sector, by means of applications, such as video walls, interactive kiosks, end-cap signage, way finding, point of purchase tools, infotainment, in-store advertising network, digital menu boards, etc.
Key Developments in the Market
Oct 2017 – NEC Display Solutions and BrightSign teamed up to offer bundled digital signage solutions, as a part of NEC’s alliance partnership program.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Technological Advancements Reducing Cost of Infrastructure and Displays
4.2.2 Positive Impact of Outdoor Advertising
4.3 Factors Restraining the Market
4.3.1 High Capital Investments and Lack of General Awareness
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness – Porter’s Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products and Services
4.5.5 Competitive Rivalry among Existing Competitors
4.6 Industry Policies
5. Technology Snapshot
6. Vietnamese Digital Signage Market Segmentation
6.1 By Mode of Display
6.1.1 Liquid Crystal Display/Plasma
6.1.2 LEDs
6.1.3 Projection Screens
6.1.4 OLEDs
6.1.5 Others
6.2 By Solution Type
6.2.1 Hardware
6.2.2 Software
6.3 By Application
6.3.1 Infrastructure
6.3.2 Industrial
6.3.3 Commercial
6.3.4 Others
7. Competitive Intelligence – Company Profiles
7.1 Digital Signage Viet. JSC
7.2 Net & Com Integrated Telecom JSC
7.3 Vodatel Integrated Solutions Vietnam Co. Limited
7.4 NEC Corporation (Vietnam)
7.5 ATT Systems Group (Vietnam)
7.6 Shoei Vietnam Co. Limited
7.7 Inavate AV
7.8 Ingram Micro (Intel Corporation)
8. Investment Analysis
9. Outlook of the Vietnamese Digital Signage Market
Market Segmentation
By Mode of Display
Liquid Crystal Display/Plasma
LEDs
Projection Screens
OLEDs
Others
By Solution Type
Hardware
Software
By Application
Infrastructure
Industrial
Commercial
Others
Vietnam Plastic Market – Growth, Trends and Forecast (2018 – 2023).
| Others | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Others
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese plastic market is expected to register a CAGR of 6.63% during the forecast period of 2018-2023. The packaging industry accounted for the largest share of around 50% of the global market, in 2017.
Rapid Increase in Downstream Processing Capacity Additions
A report published by the Vietnam Ministry of Industry and Trade states that during the first two quarters of 2015, oil production in the country increased by 11%, reaching 838 million tons, compared to the previous year. The oil & gas industry of Vietnam is the highest foreign currency earner. In 2009, the Dung Quant started operating and now produces approximately 30 million metric tons of crude oil, accounting for 30% of the demand for energy. On an average, 340,000 barrels of crude oil is produced per day, in the country.
The reserve in Vietnam contains 630 million metric tons of crude oil, making it the second largest in East Asia, after China. The largest oil producing fields in the country are – Bach Ho (White Tiger), Hang Ngoc, Rang Dong (Dawn), Su Tu Den (Ruby), and Dai Hung (Big Bear).
The services of the industry in this region have been involved in various areas, such as extraction, exploration, process, supply chain, training, etc.
Vietnam Oil and Gas Group PetroVietnam and Azerbaijan’s state oil company SOCAR signed a memorandum of understanding, contributing to the development of energy cooperation between the firms.
Recently, owing to their unique array of properties, including electrical, temperature, and chemical resistance, and durability, the oil & gas industry has been increasingly using high-performance plastics in various applications in the oil & gas industry.
Packaging Industry Dominated the Plastics Market
Plastics have distinct characteristics depending on type. However, most plastics tend to possess general attributes, such as resistivity to chemicals and corrosion, thermal resistivity, being lightweight while portraying various degrees of strength, low cost, ease of handling, and availability in various colors. These factors make plastics the best option for packaging purposes in the Vietnamese market, also making plastic packaging the largest application of plastics in the country.
In the packaging industry, plastics are used for healthcare packaging, food & beverage packaging, consumer packaged goods, consumer & personal care packaging, and home & garden. Food & beverage packaging occupies the lion’s share in the plastics market, with plastics used in the manufacturing process of bottles, containers, pots, plastic utensils, and cups, among various other items. Owing to the increasing demand for consumer goods and foodstuffs, Vietnam has been experiencing a rapid growth in the packaging sector. The increasing household and commercial applications, such as containers, plastic bags, canisters, tableware, etc., are expected to drive the demand for plastics in the packaging industry, during the forecast period.
Injection Molding
Injection molding technology accounted for the largest share and held around 61% of the share in 2017. Injection molding is used to manufacture thin-walled plastic parts for various applications, such as housing appliances, consumer electronics, medical devices (such as valves & syringes), power tools, automotive dashboards and car bumpers, open containers, fittings, toothbrushes, and toys, among various other products. Products manufactured by injection molding technology can be of complex shapes, while having excellent surface finish, good dimensional accuracy, low labor cost, and high production rate.
Vietnam is becoming increasingly competitive in the field of injection molding. Many Japanese companies have moved their production bases of automotive plastic parts from China to Vietnam, where technologies, such as injection molding, are used at the highest level. The increasing use of injection molding technology in the packaging, healthcare, automotive, construction, and other industries is expected to drive the market for injection molding technology in Vietnam, over the forecast period.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. Introduction
1.1 Research Phases
1.2 Scope of the Report
1.3 Study Deliverables
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
3.3 PESTLE Analysis
3.4 Imports and Exports
3.5 Price Analysis
3.6 Raw Material Analysis
4. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
4.1 Vietnam Plastic Market Drivers
4.1.1 Rapid Increase in Downstream Processing Capacity Additions
4.1.2 Growing Demand from End-user Industries
4.1.3 Government Support through Incentives and Policies
4.2 Vietnam Plastic Market Constraints
4.2.1 Volatility in Raw Material Prices
4.2.2 Environmental Concerns
4.3 Vietnam Plastic Market Opportunities
4.3.1 Innovative Application Products
4.3.2 Other Opportunities
5. Regional Market Analysis (Market Size, Growth and Forecast)
5.1 Vietnam Plastic Market By Product Type
5.1.1 Traditional Plastics
5.1.2 Engineering Plastics
5.1.3 Bio-plastics
5.2 Vietnam Plastic Market By Technology
5.2.1 Blow Molding
5.2.2 Extruding
5.2.3 Injection Molding
5.2.4 Others
5.3 Vietnam Plastic Market By Application
5.3.1 Packaging
5.3.2 Electrical & Electronics
5.3.3 Building & Construction
5.3.4 Automotive & Transportation
5.3.5 Housewares
5.3.6 Furniture & Bedding
5.3.7 Others
6. Vietnam Plastic Market Competitive Landscape
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis
6.3 Strategies Adopted by Leading Players
7. Future of the Vietnam Plastic Market
8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 Plastic Resin Manufacturers
8.1.1 AGC Chemicals Vietnam Co. Ltd
8.1.2 BASF SE
8.1.3 Danang Chemical And Plastic Joint Stock Company
8.1.4 DuPont
8.1.5 LyondellBasell Industries Holdings BV
8.1.6 Nan Ya Plastics Corporation (Formosa)
8.1.7 Solvay Chemicals Vietnam Limited
8.1.8 Toray Industries Inc.
8.1.9 The Siam Cement Public Company Limited (SCG)
8.1.10 Vietnam Oil & Gas Group
8.1.11 Vietnam Plastics Corporation
8.2 Plastic Product Manufacturers
8.2.1 Bavico Ltd
8.2.2 Binh Minh Plastic
8.2.3 Chan Thuan Thanh Plastic Mechanical & Trading Co. Ltd
8.2.4 Cholon Plastic Co. Ltd
8.2.5 Duy Tan Plastics Corporation
8.2.6 Proampac
8.2.7 LG Vina Chem
8.2.8 TPC Vina
8.2.9 BSR Co. Ltd
8.2.10 AGC Chemicals Vietnam Co. Ltd
8.2.11 BASF SE
8.2.12 Danang Chemical And Plastic Joint Stock Company
8.2.13 DuPont
8.2.14 LyondellBasell Industries Holdings BV
8.2.15 Nan Ya Plastics Corporation (Formosa)
8.2.16 Solvay Chemicals Vietnam Limited
8.2.17 Toray Industries Inc.
8.2.18 The Siam Cement Public Company Limited (SCG)
8.2.19 Vietnam Oil & Gas Group
8.2.20 Vietnam Plastics Corporation
9. Disclaimer
Market Segmentation
Vietnam Plastic Market Drivers
Rapid Increase in Downstream Processing Capacity Additions
Growing Demand from End-user Industries
Government Support through Incentives and Policies
Vietnam Plastic Market Constraints
Volatility in Raw Material Prices
Environmental Concerns
Vietnam Plastic Market Opportunities
Innovative Application Products
Other Opportunities
Middle East & Africa UHT Milk Market – Segmented by Product Type, Distribution Channel, and Geography – Growth, Trends, and Forecast (2018 – 2023)
| Unknown | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 24-06-2019 |
- Mordor Intelligence
- pages
- Published: 24-06-2019
Market Insights
The Middle East & Africa UHT Milk Market is expected to reach USD 1.9 billion by 2023, witnessing a CAGR of 4.3% during the forecast period. The Middle East & Africa UHT Milk sale has surpassed 1614 million Kg in 2017, with milk accounting for the largest category. Egypt and Saudi Arab is the largest market which accounts for about half of the value consumption in the region.
Rising demand for western packaged milk product with longer shelf life and lack of proper supply chain structure that demands cold storage for fresh milk triggered the demand for UHT milk. Changing lifestyle as consumer’s exposure to western style food products mainly among the sizeable young population are further driving the UHT Milk market growth. Stringent government regulation such as implemented hefty fees on expatriates by Saudi Government is affecting overall drinking milk market.
Convenience the Key Driver
Daily consumption of drinking milk and gap in a demand-supply structure in the region fueled the UHT milk sale. Convenient packaging coupled with longer shelf life has strongly supported the demand for UHT milk. Lack of infrastructure and cold chain facility to store fresh milk in countries, like Egypt, Nigeria further accelerated the UHT milk market.
Fresh milk owing to shorter shelf life cannot store for a more extended period. Increased import dependency and insufficient domestic production to meet the essential drinking milk requirement fueled the UHT milk demand. Besides, UHT milk can sustain a high temperature of the environment and offer ease of transport, thus fueled the demand. Innovation in packaging such as PET bottle provides a potential UHT milk market opportunity in the region owing to convenience. The recent imposition of tax on expatriates by Saudi Government, which increases every year, along with the foreign employee tax on the company has negatively affected the processed food market.
International Flux Demanding UHT Milk
UAE UHT milk market is witnessing an impressive CAGR of 8.7% during the forecasted period driven by increasing population demanding drinking milk. More than 40% of the population in UAE are under 30 yr which influenced by western culture demands processed milk with longer shelf life. Increased working population and economy further supported the market. Hypermarket and supermarket continue to dominate the UHT milk sale which is followed by convenience stores. Bulk purchase of grocery and big left offered by supermarkets driving sales. Growing middle-class population in the region such as South Africa, Egypt that migrating to urban areas, consumes mostly UHT milk. Inconsistent supply of electricity in Africa affecting cold chain supply for fresh milk fueled UHT milk supply.
Key Developments
August 2017- Koita’s launched Organic UHT milk in convenient tetra pack with a twist cap and offering door-to-door service. The product is made from grass-fed cow milk with unique pasteurization process, which makes it taste, like fresh milk with halal-certified vitamin A and D3
The Middle East & Africa UHT Milk Market is fragmented with large number of domestic and multinational player competing for market share. Almarai Co. occupies dominant share in Middle East market. Companies focusing on new product launch and partnership with distribution channels as their key marketing strategy.
Major players include- Almarai Co., The Lactalis Group, Nestle S.A., Clover SA, Royal Friesland Campina N.V., among others.
Reasons to Purchase this Report
Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
Market value (USD Million) and volume (Kg Million) data for each segment and sub segment
Distribution Channel sales Analysis by Value
Competitive landscape involving the market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Market
2. Research Approach and Methodology
2.1 Introduction
2.2 Research Design
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1 Market Trends
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Lack of Supply Chain Infrastructure
3.2.1.2 High Import Dependecy Demanding Longer Shelf Life Dairy Products
3.2.1.3 Changing Lifestyle and Westernisation Trend
3.2.2 Restraints
3.2.2.1 Increased Production Cost Owing to Competition from Flavored Milk
3.2.2.2 Stringent Government Regulation
3.2.3 Opportunities
3.2.3.1 Innovation in Product Packaging
3.2.4 Porter’s Five Forces Analysis
3.2.4.1 Bargaining Power of Suppliers
3.2.4.2 Bargaining Power of Buyers
3.2.4.3 Threat of New Entrants
3.2.4.4 Threat of Substitute Products and Services
3.2.4.5 Degree of Competition
4. Market Segmentation
4.1 By Distribution Channel
4.1.1 Warehouse Clubs
4.1.2 Convenience Stores
4.1.3 Specialist Retailers
4.1.4 Supermarkets and Hypermarkets
4.1.5 Variety Stores
4.1.6 On-line Retail
4.1.7 Other Distribution Channels
4.2 By Geography
4.2.1 Middle East & Africa
4.2.1.1 South Africa
4.2.1.2 Saudi Arabia
4.2.1.3 United Arab Emirates
4.2.1.4 Rest of Middle East & Africa
5. Competitive Landscape
5.1 Market Share Analysis
5.2 Strategy Adopted by Key Players
5.3 Most Active Companies in the Past Five Years
6. List of Company Profiles
6.1 Overview
6.2 Products & Services
6.3 Financials
6.4 Key Developments
6.5 Strategies Adopted
6.6 SWOT Analysis of Major Five Players
7. Companies Covered
7.1 Almarai
7.2 Clover SA
7.3 M. Bamujally United Co.
7.4 AL-NAFEA Trading Holding Company
7.5 Dewfresh Products (Pty) Ltd
7.6 National Foods Limited
7.7 Nestle S.A.
7.8 Grupo Gloria
7.9 Royal FrieslandCampina N.V.
7.10 Juhayna Food Industries
7.11 Lactalis Group
7.12 Hochland AG
8. Appendix
8.1 Disclaimer
8.2 Sources
LIST OF TABLES
1: UHT Milk Market: Revenue in USD million, by Country, Middle East & Africa, 2015-2023
2: UHT Milk Market: Revenue in USD million, by Distribution Channel, Middle East & Africa, 2015-2023
3: UHT Milk Market: Volume in million Kg, by Country, Middle East & Africa, 2015-2023
Market Segmentation
By Distribution Channel
Warehouse Clubs
Convenience Stores
Specialist Retailers
Supermarkets and Hypermarkets
Variety Stores
On-line Retail
Other Distribution Channels
By Geography
Middle East & Africa
South Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East & Africa
Vietnam 3PL Market – Growth, Trends, and Forecast (2018 – 2023)
| Transportation & Logistics | Published by: Mordor Intelligence | Market: |
| Unknown | Published: 25-06-2019 |
- Transportation & Logistics
- Mordor Intelligence
- pages
- Published: 25-06-2019
Market Overview
The Vietnamese 3PL market is expected to grow, due to the expanding e-commerce market in the country. The government is also supporting the growth of e-commerce by providing infrastructure and ease of trade in the e-commerce industry, which, in turn, is further boosting the growth of 3PL market in Vietnam. The good relationship with the neighboring ASEAN countries has significantly improved the 3PL market as it facilitated a higher flow of cross-border trade. The increasing market competition due to the presence of international players, like Kuehne + Nagel, DHL, Nippon, and Kerry in the market, has allowed the growth and adoption of international standards. One of the restraints to the market is the underdeveloped infrastructure in the country.
Vietnam’s Growing Economy is Boosting the Market
Increasing disposable income and improving infrastructure are the major outcomes of the economic growth in Vietnam. As a result, there is an increasing countrywide demand from the 3PL sector. In 2017, GDP witnessed a valued growth of 6.81% compared to the previous year. In 2017, a new high of Vietnam’s exports and imports was recorded with the total merchandise trade exceeding USD 400 billion. The growing economy and proliferating trade are the major driving factors for the flourishing of 3PL market in the country. Growing economy has also led to the development of road, rail, ocean and air freight infrastructure in the country for ease of trade. Relaxed FDI policies have allowed foreign players to enter the Vietnam 3PL market. The increasing rivalry in the Vietnamese market is a driving force for the rapid growth of the economy. It is expected that the growing trend of Vietnam will positively impact the market. E-commerce is a major factor in the Vietnam market, which is expected to grow rapidly in the forecast period.
Key Developments
Sep 2018: DHL has started deploying electric motorcycles for B2C e-commerce delivery in Vietnam. The domestic delivery network offers services across Vietnam, with a range of services tailored for the booming e-commerce industry, with an aim to help small, medium, and large e-tailers, and increase the marketplace share amidst the rapidly growing e-commerce segment.
Oct 2017: Vietnam is aiding foreign investors to establish logistics firms in the country. Following Decree No.163/ND-CP, foreign investors will now be allowed to set up logistics services companies starting from February 20, 2018, in Vietnam. The country opening the market for foreign investment and companies is a positive step for the growing market. Major international players are taking advantage of the opportunity and are expanding their business in the country.
Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
Table of Contents
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Executive Summary
2. RESEARCH METHODOLOGY
3. MARKET INSIGHT AND DYNAMICS
3.1 Government Regulations and Initiatives for Vietnam 3PL Market
3.2 Insights on Commodity Flow Statistics and Regional Freight Flows
3.3 Insights on Key International Trade and Domestic Trade Transport Statistics
3.4 Technological Developments in Logistics Sector of Vietnam
3.5 Effects of AEC Integration on Vietnam Warehousing and Logistics Market
3.6 Insight on E-commerce and Growing Outsourcing in E-commerce Business
3.7 Demand from other Segments, such as CEP, Last Mile Delivery, Cold Chain Logistics, etc.
3.8 General Trends in Vietnam Warehousing Market
3.9 General Trends in Vietnam Freight Forwarding Market
3.10 Analyst View on Key Enablers and Restraining Factors in the Market
4. MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)
4.1 By Service
4.1.1 Domestic Transportation Management
4.1.2 International Transportation Management
4.1.3 Value-added Warehousing and Distribution (VAWD)
4.2 By End User
4.2.1 Consumer and Retail
4.2.2 Automotive
4.2.3 Healthcare and Pharmaceuticals
4.2.4 Other Industrial Activity Sectors
4.2.5 Rest of the Market
4.2.6 Special Segment on Apparel Sector 3PL
5. COMPETITIVE LANDSCAPE
5.1 Market Overview
5.2 Company Profiles
5.2.1 DHL Group
5.2.2 Kuehne + Nagel
5.2.3 Nippon Express
5.2.4 DB Schenker
5.2.5 Sinotrans
5.2.6 Geodis
5.2.7 UPS Supply Chain Solutions
5.2.8 Others
5.3 Local Players in the Market
5.3.1 Companies Covered – Gemadept Logistics (CJ Group) Ltd, TRANSIMEX Corporation, ITL Logistics, Vinatrans Danang, Pentiger Vietnam Co. Ltd, VTL Co. Ltd, and PT Transport Logistics Co., among others
6. TRANSPORT AND STORAGE SECTOR STATISTICS AT MACROECONOMIC LEVEL
7. DISCLAIMER
MARKET SEGMENTATION
By Service
Domestic Transportation Management
International Transportation Management
Value-added Warehousing and Distribution (VAWD)
By End User
Consumer and Retail
Automotive
Healthcare and Pharmaceuticals
Other Industrial Activity Sectors
Rest of the Market
Special Segment on Apparel Sector 3PL