food processing industry report...
TRANSCRIPT
FOOD PROCESSING INDUSTRY REPORT Q2/2018
Abbreviation 3 3 Vietnam market 42
Executive summary 4 3.1 History of industry formation and development 42
1. Business environment 8 3.2. Major groups in the industry 45
1.1 Macroeconomic situation 8 3.2.1 Processed seafood 45
1.2 Legal framework 15 3.2.2 Canned meat and other meat products processing 54
2. World market 22 3.2.3 Fresh and processed fruit-vegetables 64
2.1 Definition and classification 22 3.2.4 Processed starch 72
2.2. Food processing industry overview 24 3.2.5Other food (sugar, confectionery, noodle, ready-made
food)81
2.3 Major groups in the industry 29 4 Outlook and forecast 104
2.3.1 Processed seafood 30 4.1 Industry development planning 104
2.3.2 Processed meat 33 4.2 Outlook 107
2.3.4 Fresh and processed fruit-vegetables 36 5 Enterprise analysis 109
2.3.5 Processed starch 39 5.1 Enterprise introduction 109
5.2 Financial analysis 119
Content
2
FS Food safety FDA Food and Drug Administration
FHAS Food hygiene and safety FIA Foreign Investment Department
MARD Ministry of Agriculture and Rural
DevelopmentFSMA Food Safety Modernization Act
CCI Consumer confidence index Ltd Limited
JSC Joint-stock company GSO General Statistics Office
CS Cost of sales GDVC General Department of Vietnam Customs
ECM Enterprise Cost Management USDA United States Department of Agriculture
NR Net revenue OECDOrganization for Economic Cooperation and
Development
EIU Economist Intelligence Unit FAO The World Food Organization
Abbreviation
3
4
Executive summary
• Global food processing industry has a value of more than USD 2,000
billion with over 400,000 enterprises.
• Global processed seafood market reached a revenue of USD 202 billion
in 2017
• Global processed seafood trade in 2017 was estimated tp be valued at
USD 27.82 billion, a sharp increase of 20.6% compared to 2016. The
United States and Japan are the two countries having the largest
processed seafood import turnover in the world in both 2016 and 2017,Content is intentionally removed for demo purpose
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Executive summary
• Global processed fruit and vegetables market was estimated to reach
USD 245.97 billion in 2017 and is expected to reach USD 346.05 billion
in 2022 with a CAGR of 7.1% in the period of 2018 – 2022.
• Corn starch is most produced and used in the world and mainly in food
processing industry.
• China ranked second in top largest starch importing countries in 2016
and 2017.
• Starch exports of Thailand declined to the 4th position in 2017
compared to the second in 2016 due to a decrease in cassava starch
because of unfavourable weather condition.
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Executive summary
• In Q1/2018, frozen seafood output reached 327.3 thousand tons.
• Canned seafood consumption in 2017 was estimated to reach VND
10,602 billion, increasing by 15% compared to 2016, in which, canned
tuna is currently the most favourable product.
• Processed seafood exports in Q1/2018 was estimated to reach USD
121.3 million, slightly increasing by 5% compared to the same period in
2017
• Canned meat production in Q1/2018 reached 1,768 tons, increasing by
9% compared to the same period in 2017.
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Executive summary
• Cassava starch prices tended to increase in Q1/2018, which is the
motivation to boost cassava starch productionContent is intentionally removed for demo purpose
8
1. Business environment
1.1 Macroeconomic situation
1.2 Legal framework
Content
9
Source: VIRAC, GSO
GDP growth rate by quarter, 2015 - Q1/2018
Source: VIRAC, GSO
%
GDP at current prices and GDP per capita, 2013 - Q1/2018
VND trillionUSD
1. Business environment
1.1 Macroeconomic situation
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10
Source: VIRAC, EIU
Source: VIRAC, GSOSource: VIRAC, GSO
VND trillion
1. Business environment
1.1 Macroeconomic situation
Industrial production value of food processing and producing industry, 2009 - 2017 Industrial production index of food processing industry, 2012 -
Q1/2018
Consumption structure in Vietnam, 2017
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11
Source: VIRAC, Nielsen
Source: VIRAC, GSO
VND trillion
1. Business environment
1.1 Macroeconomic situation
Retails sales of goods, 2010 - Q1/2018
Consumer Confidence Index by quarter, 2014 - Q4/2017
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12
Source: VIRAC, GSO
Monthly CPI fluctuation 2014 – 3/2018
1. Business environment
1.1 Macroeconomic situation
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13
Source: VIRAC, Economist Intelligence Unit
Total disposable income and household expenditures, 2010–
2017f
Source: VIRAC, GSO
USD
billion
1. Business environment
1.1 Macroeconomic situation
Retail sales in Vietnam 2011–2017F
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14
Source: VIRAC, FIA, GSO
Source: VIRAC, FIA
USD billion
1. Business environment
1.1 Macroeconomic situation
FDI capital in agriculture investment, 2009 - Q1/2018
FDI Structure in agriculture,2015
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15
1. Business environment
1.1 Macroeconomic situation
1.2 Legal framework
Content
16
1. Business environment
1.2 Legal framework
Domestic policy
• Food safety law by the National assembly on 17/06/2010 . This law regulated for the rights and obligations for organization and individuals
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17
1. Business environment
1.2 Legal framework
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18
1. Business environment
1.2 Legal framework
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19
1. Business environment
1.2 Legal framework
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20
1. Business environment
1.2 Legal framework
Policy of export market
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21
1. Business environment
1.2 Legal framework
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22
2. World market
2.1 Definition and classification
2.2. Food processing industry overview
2.3 Major groups in the industry
Content
23
2. World market
2.1. Definition and classification
Source: VIRAC
The structure of the food processing industry
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24
2. World market
2.1 Definition and classification
2.2. Food processing industry overview
2.3 Major groups in the industry
Content
25
Main activity
Main factor
2. World market
2..2. Food processing industry overview- 2.2.1. Value chain
Value chain of the food processing industry
Source: VIRAC
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26
2. World market
2..2. Food processing industry overview- 2.2.2. Industry scale
Source: VIRAC, Statisticbrain
Source: VIRAC, Statisticbrain
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Proportion of food consumption in the world, 2016
The structure of processed meat consumption in the world, 2016
27
2. World market
2..2. Food processing industry overview- 2.2.2. Industry scale
Source: VIRAC, Statisticbrain
Source: VIRAC, Statisticbrain
USD
billion
Turnover of food processing market in the world
2014 - 2019F
Content is intentionally removed for demo purposeThe proportion of ready-to-eat food consumption, 2016
28
Global food processing machinery market achieved 52,787 million USD in 2016 and is forecasted to reach USD 68,882 million in 2023
2. World market
2..2. Food processing industry overview- 2.2.3. Machinery and technology market for food processing industry
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29
2. World market
2.1 Definition and classification
2.2. Food processing industry overview
2.3 Major groups in the industry
Content
30
Source: VIRAC, Statista
Source: VIRAC, Statista
Million
tons
USD
billion
2. World market
2.3. Major groups in the industry – 2.3.1. Processed seafood
Global seafood trade, 2008 – 2017e
Global fish production, 2010 - 2017e
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31
2. World market
2.3. Major groups in the industry – 2.3.1. Processed seafood
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32
2. World market
2.3. Major groups in the industry – 2.3.1. Processed seafood
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33
Million
tons
Source: VIRAC, USDA
Million
tons
2. World market
2.3. Major groups in the industry – 2.3.2. Processed meat
Source: VIRAC, USDA
Global production of main types of meat, 2013 - 2017f
Global consumption of main types of meat, 2010 - 2017f
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34
2. World market
2.3. Major groups in the industry – 2.3.2. Processed meat
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35
2. World market
2.3. Major groups in the industry – 2.3.2. Processed meat
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36
Source: VIRAC, Statista
Source: VIRAC, Statista
Million
tons
Million tons
2. World market
2.3. Major groups in the industry – 2.3.3. Fresh and processed fruit-vegetables
Global vegetables production, 2009 - 2016
Top largest fresh vegetable – fruit producing countries in the world, 2016
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37
USD
billion
Source: VIRAC, Statista
Source: VIRAC, Statista
2. World market
2.3. Major groups in the industry – 2.3.3. Fresh and processed fruit-vegetables
Scale of global vegetable fruit processing market, 2010 - 2022F
Structure of global processed vegetable fruit consumption market, 2015
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38
Source: VIRAC, Statista
2. World market
2.3. Major groups in the industry – 2.3.3. Fresh and processed fruit-vegetables
Structure of processed fruit and vegetables by variety, 2015
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39
Source: VIRAC, Statista
Source: VIRAC, Statista
Million
tons
Million
tons
Source: VIRAC, Eurosta
2. World market
2.3. Major groups in the industry – 2.3.4. Processed starch
Production and consumption of global cereals by season,
2011/12 – 2016/17 Million
tons
World's top largest cereal producing countries, 2015
Global cereal production in 2016/2017 by type
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40
2. World market
2.3. Major groups in the industry – 2.3.4. Processed starch
Million tons
Source: VIRAC, EUstarch
Global starch production capacity by type of material, 2015
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41
Source: VIRAC, Starch EU
2. World market
2.3. Major groups in the industry – 2.3.4. Processed starch
Source: VIRAC, Transparency Market Research
Application structure of starch, 2016
Production structure of corn starch products in the world, 2016Content is intentionally removed for demo purpose
42
3 Vietnam market
3.1 History of industry formation and development and M&A activities
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Processed fruit and vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food
Content
43
3. Vietnam market
3.1. History of industry formation and development and M&A activities
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44
3. Vietnam market
3.1. History of industry formation and development and M&A activities
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45
3 Vietnam market
3.1 History of industry formation and development
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Fresh and processed fruit-vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food)
Content
46
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood - Overview
Source: VIRAC, GSO
Source: VIRAC, GSO
Number of enterprises and employees in dried and canned seafood
processing, 2010 - 2016
Distribution of dried and canned seafood processing enterprises by
region, 2010 - 2016
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47
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Overview
Source: VIRAC, GSO
Source: VIRAC, GSO
Revenue and profit of dried and canned seafood processing
industry, 2010 - 2016
Investment capital and fixed assets of dried and canned
seafood processing, 2010 - 2016
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48
Production process of canned fish
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Production process
Source: VIRAC
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49
Source: VIRAC, GSO
Thousand tons
Source: VIRAC, GSO
Thousand tons
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Production
Dried seafood production, 2010 - Q1/2018e
Canned seafood production, 2010 - Q1/2018e
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50
Source: VIRAC, GSO
Frozen seafood production, 2011 – Q1/2018e
Thousand
tons
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Production
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51
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Consumption
Consumption value of canned seafood, 2010 - Q1/2018e
Consumption value of dried seafood, 2010 - Q1/2018eContent is intentionally removed for demo purpose
52
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Import export
Export of processed and preserved seafood products, 2012 -
Q1/2018e
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53
Source: VIRAC, GDVC
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.1. Processed seafood – Import export
Top largest importers of processed and preserved seafood products, Q1/2018
Import of processed and preserved seafood products, 2012 -
Q1/2018e
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54
3 Vietnam market
3.1 History of industry formation and development
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Fresh and processed fruit-vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food)
Content
55
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Number of enterprises and employees in meat products processing
industry, 2010 - 2016
Distribution of meat processing enterprises, 2010 - 2016Content is intentionally removed for demo purpose
56
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Revenue and profit of meat products processing industry,
2010 - 2016
Investment capital and fixed assets of meat product
processing industry, 2010 - 2016
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57
Production process of sterilized sausageProduction process of canned meat
Source: VIRAC
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
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58
Ton
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Canned meat production, 2010 - Q1/2018e
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59
Source: VIRAC, GSO
Ton
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Production of other processed meat products, 2010 - Q1/2018e
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60
VND billion
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Consumption value of meat products, 2010 - Q1/2018e
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61
Source: VIRAC, Euromonitor
Source: VIRAC, Euromonitor
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Market share of the top 10 processed seafood and meat
consuming enterprises, 2017
Vissan's market share in processed meat sector, 2016
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62
Source: VIRAC, GDVC
USD million
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Top largest importers of processed meat products, Q1/2018
Import turnover of processed meat products,
2010 - Q1/2018e
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63
Source: VIRAC, Uncomtrade
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.2. Canned meat and other meat products processing – Raw materials
Export turnover of processed meat products,
2010 - Q1/2018e
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64
3 Vietnam market
3.1 History of industry formation and development
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Fresh and processed fruit-vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food)
Content
65
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Overview
Number of enterprises and employees in fruits and vegetables
processing sector, 2010 - 2016
Distribution of fruit and vegetable processing enterprises
by region, 2010 - 2016
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66
VND billion
VND billion
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Overview
Revenue and profit of fruit and vegetable processing
sector, 2010 - 2016
Investment capital and fixed assets of fruits and vegetables processing sector,
2010 - 2016
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67
Thousand tons
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Production
Production output of canned vegetables and fruits, 2010 - Q1/2018e
Production output of fresh vegetable juice, 2010 - Q1/2018e
Thousand tons
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68
Source: VIRAC, Euromonitor
VND billion
Source: VIRAC, Euromonitor
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Consumption
Consumption value of canned and dried fruit vegetables in Vietnam,
2010 - Q1/2018e Market share of processed fruits and vegetables, 2017
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69
Source: VIRAC, GDVC
Source: VIRAC, GDVC
USD
million
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Import export
Export turnover of processed fruits and vegetables, 2010 - Q1/2018e
Export structure of vegetables and fruits of Vietnam to EU, 2016
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70
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Import export
Export market structure of processed fruit and vegetables, 2016
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71
Source: VIRAC, GDVC
Source: VIRAC, TCQ
USD
million
3. Vietnam market
3.2. Major groups in the industry – 3.2.3. Fresh and processed fruit-vegetables - Import export
Import value of processed fruits and vegetables, 2010 - Q1/2018e
Import market structure of processed fruit and vegetables, 2016
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72
3 Vietnam market
3.1 History of industry formation and development
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Fresh and processed fruit-vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food)
Content
73
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Overview
Number of enterprises and employees in starch and starch
product processing sector, 2010 - 2016
Distribution of starch and starch product processing
enterprises by region, 2010 - 2016
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74
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Overview
Revenue and profit of starch and starch product processing
sector, 2010 - 2016
Investment Capital and fixed assets of starch and starch
product processing sector, 2010 - 2016Content is intentionally removed for demo purpose
75
Process of starch production
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Production process
Source: VIRAC
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76
Source: VIRAC, GSO
Thousand tons
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Production
Production of starch and starch products, 2010 - Q1/2018e
Starch production structure in Vietnam, 2017
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77
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Consumption
Consumption value of starch and starch products, 2010 - Q1/2018e
Use of cassava starch in Vietnam, 2016
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78
Source: VIRAC, GDVC
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Import export
Source: VIRAC, GDVC
Export of cassava starch by month, 2017 - 2018 Export market structure of cassava starch, Q1/2018
Export output of cassava starch over the years, 2013 - Q1/2018
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79
Source: VIRAC, Agromonitor
USD/Ton
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Import export
Export price of cassava starch in Vietnam by month, 2016 - 2017
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80
Source: VIRAC, GDVC
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.4. Processed starch – Import export
USD
million
Import of starch and starch products, 2010 - 2017
Import volume of cassava starch, 2013 - 2016
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81
3 Vietnam market
3.1 History of industry formation and development
3.2. Major groups in the industry
3.2.1 Processed seafood
3.2.2 Canned meat and other meat products processing
3.2.3 Fresh and processed fruit-vegetables
3.2.4 Processed starch
3.2.5 Other food (sugar, confectionery, noodle, ready-made food)
Content
82
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.1. Overview
Distribution of other food processing enterprises by region, 2010 - 2016
Number of enterprises and employees in the other food processing
industry, 2010 - 2016
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83
Source: VIRAC, GSO
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.1. Overview
Number of enterprises and employees in the other food processing industry,
2010 - 2016
Investment capital and fixed assets of other food processing industry, 2010 - 2016
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84
Source: VIRAC, Intelligent Investor
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Noodle processing
Consumption value of noodle products, 2010 - Q1/2018e
Consumption of instant noodles in Vietnam, 2010 - 2016
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85
Source: VIRAC, Kanta Worldpanel
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Noodle processing
Market share of instant noodles in rural areas, 2014 - 6M/2016
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86
Source: VIRAC, GDVC
Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Noodle processing
Top largest noodle exporting enterprises, Q1/2018
Export turnover of noodle products, 2012 - Q1/2018e
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87
Source: VIRAC, GDVC
Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Noodle processing
Top largest noodle importing enterprises, Q1/2018
Import turnover of noodle products, 2012 - Q1/2017e
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88
Source: VIRAC, GSO
Ton
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Ready-made food
Production of other processed food, 2010 - Q1/2018e
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89
Source: VIRAC, GSO
VND
billion
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Ready-made food
Consumption value of other processed food, 2011 - Q1/2018e
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90
Source: VIRAC, GDVC
USD million
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Ready-made food
Top largest processed food exporting enterprises, Q1/2018
Export of processed food, 2015 - Q1/2018e
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91
Source: VIRAC, GSO
Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.4.2. Ready-made food
Top largest processed food importing enterprises Q1/2018
Import of processed food, 2012 - Q1/2018e
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92
Source: VIRAC, GSO
Source: VIRAC, GSO
Thousand tons
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.3. Confectionery
Confectionery production, 2011 - Q1/2018e
Structure of confectionery production by output, 2016
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93
Source: VIRAC, Indexmundi Source: VIRAC, Indexmundi
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.3. Confectionery
Fluctuation of sugar prices, 2/2013 - 4/2018Fluctuation of wheat prices, 9/2012 - 4/2018
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94
Source: VIRAC, GSO
VND billion
VND
million
Time
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.3. Confectionery
Source: VIRAC, GSO
Top 10 brands having the most advertisement in
confectionery sector, 4M/2017
Consumption value of confectionery in Vietnam, 2011 - Q1/2018e
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95
Source: VIRAC, GDVC
Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.3. Confectionery
Import of confectionery and cereal products of Vietnam, 2010 - Q1/2018e
Import market structure of confectionery and cereal products, Q1/2018
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96
Source: VIRAC, GDVC
Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.3. Confectionery
Export of confectionery and cereal products of Vietnam, 2010 - Q1/2018
Export market structure of confectionery and cereal products, Q1/2018
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97
Thousand tons
Source: VIRAC, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Sugar production by season, 2009/2010 - 2017/2018e
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Production process of sugar extracted from sugarcane
Source: VIRAC
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
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Source: VIRAC, MARD Source: VIRAC, OECD
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Situation of sugar factories in Vietnam, 2015/2016 Sugar production cost, 2015
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Thousand tons
Source: VIRAC, OECD, GSO
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Sugar consumption in Vietnam, 2010 – 2018e
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101
USD million
Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Sugar imports, 2012 - 11M/2017
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Source: VIRAC, GDVC
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Sugar import markets of Vietnam, 11M/2017
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Source: VIRAC, GDVC
USD million
3. Vietnam market
3.2. Major groups in the industry – 3.2.5. Other processed food – 3.2.5.4. Sugar
Sugar exports, 2012 - 11M/2017
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Content
4 Outlook and forecast
4.1 Industry development planning
4.2 Outlook
105
4. Outlook and forecast
4.1. Industry development planning
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4. Outlook and forecast
4.1. Industry development planning
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107
Content
4 Outlook and forecast
4.1 Industry development planning
4.2 Outlook
108
4. Outlook and forecast
4.2. Outlook
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Content
5 Enterprise analysis
5.1 Enterprise introduction
5.2 Financial analysis
110
5. Enterprise analysis
5.1. Enterprise introduction
Quangngai Sugar JSC
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111
Dabaco Group
5. Enterprise analysis
5.1. Enterprise introduction
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112
Asia Food JSC
5. Enterprise analysis
5.1. Enterprise introduction
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113
Uniben JSC
5. Enterprise analysis
5.1. Enterprise introduction
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114
Masan North Company,.Ltd
5. Enterprise analysis
5.1. Enterprise introduction
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115
Fococev Viet Nam JSC
5. Enterprise analysis
5.1. Enterprise introduction
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VIKYBOMI CORP.
5. Enterprise analysis
5.1. Enterprise introduction
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VIFON
5. Enterprise analysis
5.1. Enterprise introduction
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Bibica Joint Stock Company
5. Enterprise analysis
5.1. Enterprise introduction
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119
Content
5 Enterprise analysis
5.1 Enterprise introduction
5.2 Financial analysis
120
5. Enterprise analysis
5.2. Financial Analysis
Gross profit margin, 2015-2016
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121
5. Enterprise analysis
5.2. Financial Analysis
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5. Enterprise analysis
5.2. Financial Analysis
Selling expenses/Net revenue ratio
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.
5. Enterprise analysis
5.2. Financial Analysis
Administrative and general expenses/ net revenue
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5. Enterprise analysis
5.2. Financial Analysis
Self-financing ratio, 2015 - 2016
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5. Enterprise analysis
5.2. Financial Analysis
Current ratio, 2015-2016
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126
5. Enterprise analysis
5.2. Financial Analysis
Average number of days of receivable, 2016
Average number of days of inventory, 2016
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127
5. Enterprise analysis
5.2. Financial Analysis
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Net profit margin, 2015 - 2016
128
5. Enterprise analysis
5.2. Financial Analysis
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Report Disclaimer
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Report Disclaimer
This document has been prepared in good faith on the basis of information available at the date of publication without any independent verification. VIRAC has
produced this report for private circulation to professional clients only. All information and statistical data herein have been obtained from sources we believe to
be reliable and made to ensure the accuracy of the contents of the pages of the report at the time of preparation. Such information has not been independently
verified and VIRAC makes no representation or warranty, whether express or implied, of any kind with respect to the document and its contents, information and
materials. The content found in this report is proprietary to VIRAC and is provided solely for your personal and non-commercial use. You agree that you will not
use this report for any purpose that is unlawful and that you will not reproduce the report or redistribute it outside your organisation, or place it on a website for
public access without the express written permission of VIRAC.
SHOULD YOU NEED ANY ASSISTANCE, PLEASE CONTACT US:
VIETNAM INDUSTRY RESEARCH AND CONSUTANCY (VIRAC JSC.,)
6th Floor, Anh Minh Building, 36 Hoang Cau, O Cho Dua, Dong Da, Hanoi, Vietnam
Website: http://virac.com.vn/
Email: [email protected] | Tel: +84 463289520
Thank you !