Today: October 10, 2015, 4:29 pm

"Food Preparation Appliances in Vietnam" Published

New Consumer Goods market report from Euromonitor International: "Food Preparation Appliances in Vietnam" 2014-08-17 08:52:56
In 2013, food preparation appliances grew by 11% in volume terms and 14% in current value terms. According to the Ministry of Planning and Investment, several signs of a recovering economy with better GDP and lower inflation rate 2013 contributed to improve consumers' income. As such, it helped to stimulate the category to record faster volume and value growth. In addition, with the increasing popularity of YouTube and online newspapers over the review period, food recipes can be easily found which makes home cooking much more interesting and abundant. This trend also accounted for the category's positive performance in 2013 as consumers have more money to equip their kitchens with convenient food preparation appliances.
Competitive Landscape
Philips Electronics Vietnam Co Ltd led with volume share of 30%, followed by Son Thang Co Ltd with 15% and Panasonic Vietnam Co Ltd with 14%. Philips has a longstanding presence in Vietnam, with a reputation for good quality and competitive prices in small appliances, including food preparation appliances. This explained the company's strong performance in the category over the review period.
Full Report Details at
- ..
Industry Prospects
Over the forecast period, the category is expected to record a volume CAGR of 8% and a constant value CAGR of 1%. In comparison with the review period volume CAGR of 19%, this is predicted to be a decelerating trend. However, regarding the forecast performance of overall consumer appliances' performance, food preparation appliances' is predicted to be more positive. With a rather humble penetration rate of 8% in Vietnamese households owning food preparation appliances in 2013, the category has strong potential to continue growing over the forecast period.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Food Preparation Appliances industry in Vietnam with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Food Preparation Appliances industry in Vietnam, our research will save you time and money while empowering you to make informed, profitable decisions.
The Food Preparation Appliances in Vietnam market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
* What is the market size of Food Preparation Appliances in Vietnam?
* What are the major brands in Vietnam?
* Has there been a growth in penetration for food preparation appliances?
* What is the category share for food processors? Is this a growth opportunity market?
Reasons to Get this Report
* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions
Product coverage: Blenders, Citrus Pressers, Food Processors, Grinders and Choppers, Juice Extractors, Mixers, Other Food Preparation Appliances.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
About Euromonitor International
Euromonitor International is a world leading independent provider of business intelligence on industries, countries and consumers. Their business intelligence products include award-winning online information databases, market reports and business reference books. Founded in 1972, Euromonitor International is a privately owned company with offices in London, Chicago, Singapore, Shanghai and Vilnius. Euromonitor has a team of over 600 in-country analysts worldwide, giving them a unique capability to deliver high quality and reliable business information. View more research from Euromonitor International at
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.
Press Information

Published by
Bill Thompson

# 702 Words
Related Articles
More From Business
Upcoming Article in The Spine Journal Shows [..]
Titan Spine, a medical device surface technology company focused on developing innovative spinal interbody fusion implants, today [..]
Scepter Partners Appoints Financier Rayo Withanage as [..]
Scepter Partners, a leading direct investment and merchant banking platform for sovereign wealth and large cap family offices, announced [..]
A.M. Best Affirms the Ratings of Allianz [..]
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a” [..]
DVDFab Golden Autumn Promotion: $30 Off a [..]
On October 9, 2015, Fengtao Software, the industry leader in the field of DVD, Blu-ray and video backup solutions, rolls [..]
Creamfinance Starts Issuing Bonds in Poland
On Thursday (08/10/2015) consumer finance company Creamfinance launched an innovative public bond offering in Poland. Investors for [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.