Vietnam Ice Cream Market Size, Share & Forecast Analysis to 2030

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Future Vietnam Ice Cream Market: Key Dynamics, Size & Share Analysis

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

Top Market Challenges Impacting the Vietnam Ice Cream Market Growth

Players Innovate in New and Exotic Flavors in Ice Cream, Gaining Traction in the Market - 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.

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Understanding the Core Segments in the Vietnam Ice Cream Market

Vietnam Ice Cream Market Size, Share & Industry Trends Analysis- 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.

Geographical Analysis of the Vietnam Ice Cream Market

By Region

  • Northern
  • Southern
  • Central.

Who Dominates the Vietnam Ice Cream Market Insights on Key Industry Players?

Companies are strengthening their presence in the Vietnam Ice Cream market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

  • 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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MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.

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