越南乳制品市场报告

Date:June 10, 2026 Report Number:VM2026-0021 Report Name:Vietnam Dairy Market Country:VietnamPost:Ho Chi Minh CityReport Category:Dairy and Products Prepared By:Minh Nguyen Approved By:Travis Stahl Report Highlights: In 2025, Vietnam's dairy import market reached $1.5 billion, a 20 percent increase over 2024, reflectingstrong and growing consumer demand. The United States exported $150 million in dairy products to THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF I. MARKET OVERVIEW 1. Dairy Consumption in Vietnam Vietnam presents a notable opportunity for dairymarket expansion. In 2025, the country has 102 millionconsumers, and more than half are under 30, younger than the Asian average. This young population isexperiencing rapidly improving living standards and growing exposure to global consumer trends. Gross As Vietnamese consumers become more prosperous, they are paying greater attention to health andnutrition, particularly dairy products. However, current milkconsumption stands at only 27 liters perperson annually, far below regional and global averages, according to the Vietnam Dairy Association.By comparison, Thailand consumes 35 liters per person, Singapore 45 liters, and European countries Beyond traditional milk, Vietnamese consumers are increasingly embracing value-added dairy productsthat offer health benefits, including yogurt, plant-based milk, organic milk, lactose-free options, high-protein supplements, and cream-based desserts. Growing openness to international cuisines furtherexpands opportunities for butter, cream, and cheese, products readily adopted by younger generations. Non-dairy products are gaining ground as substitutes for traditional dairy. Because dairy, dairy-blend,and non-dairy products serve similar applications, consumers and foodservice operators often treat themas interchangeable. Cost and functionality drive much of this shift, as coffee shops and bakeriesfrequently opt for non-dairy alternatives that offer lower prices and a firmer texture better suited to their 2. Dairy Production in Vietnam Vietnam's domestic dairy sector hasexpanded steadily but faces significant challenges in meetinggrowing demand. As of 2024, the country's dairy herd reached 335,000 cows, producing more than 1.2million tons of raw fresh milk. Since Vietnamese consumers use about 2.7 million tons of milk per year,local production meets only approximately 45 percent of the country's dairy demand. This creates Vietnam targets 2.6 million tons of raw milk production annually by 2030 and8million tons by 2045.Local dairy processors are investing heavily in expanding their herds, enhancing production capacity,and driving innovation to meet rising demand. However, the gap between domestic supply and demand will likely persist. Most major local dairy producers, including Vinamilk, TH True Milk, and Nutifood, focus primarily on milk, yogurt, and processed cheese, leaving significant import opportunities for otherproducts, including fresh milk, butter, cream, and natural cheese. 3. Dairy Imports to Vietnam In 2025, Vietnam imported $1.5 billion of dairy products from global suppliers, a 20 percent increasecompared to 2024, reflecting strong demand for imported dairy products. New Zealand consistentlystands out as the top exporter, accounting for 29 percent of market share with exports valued at $424 The United States remains a major exporter, with $150 million in dairy exports to Vietnam in 2025,representing 19 percent growth over the previous year. Australia also plays a significant role, withexport value rising from $90million in 2020 to nearly $130 million in 2025, representing nine percent of Source:Trade Data Monitor LLC. By product category, milk, cream, dairy food preparations, and ingredients dominate Vietnam's dairyimport market, accounting for about 83 percent of total imports in 2025 (SeeChart 2). This reflectsstrong demand for these fundamental products from Vietnamese consumers and processors. Importvolumes in these categories peaked in 2021–2022, driven by surging demand for nutritional products Butter imports remained relatively stable at $89 million in 2025, showing consistent but modest demand.Butter also faces significant competition from non-dairy substitutes, including margarine, vegetable oils, Cheese imports show the strongest growth over the past5years, more than doubling from $50 million in2021 to $107 million in 2025, reflecting growing consumer openness to international cuisines. Yogurtand ice cream imports also grew steadily, increasing 36 percent from $44 million to $60 million during These trends point to an important market shift. Basic dairy products increasingly face domesticcompetition, while value-added and specialty products that are difficult to produce locally, particularly II. CATEGORY ANALYSIS The following sections analyze the five major dairy product categories that comprise Vietnam's $1.5billion import market