Vietnam Ice Cream Market Study: Players, Share, and Emerging Trends 2030

1. Vietnam Ice Cream Market Research Report: Forecast (2025-2030) Get a Free Sample of the Report

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4. Market Overview The Vietnam Ice Cream Market is anticipated to grow at a CAGR of around 6.2% during 2025-2030. The Vietnam Ice Cream Market size 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.

5. Market Trend 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.

6. Market Segments • By Category: (Impulse Ice Cream [Single Portion Dairy Ice Cream, Single Portion Water Ice Cream], Take-Home Ice Cream [Take-Home Dairy Ice Cream], Artisanal Ice Cream), • By Leading: Flavors (Vanilla, Chocolate, Strawberry, Coconut, Banana, Green Tea, Mango, Durian, Raisin, Lemon), • By Format: (Cup, Stick, Cone, Brick, Others), • By Sales : Channel (Retail Offline [Grocery Retailers], Retail E-Commerce) and others

7. Top Companies • • • • • • • • • 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

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