The forecast for the import of fresh cheese to Vietnam shows a steady increase from 2024 to 2028, with values projected to rise from 2.2748 million kilograms in 2024 to 2.6724 million kilograms in 2028. The market has been experiencing consistent growth, considering the 2023 value stood at 2.1740 million kilograms. Year-on-year percentage variations from 2024 to 2025 are 4.50%, from 2025 to 2026 are 4.22%, from 2026 to 2027 are 3.96%, and from 2027 to 2028 are 3.74%. Over the last two years, growth has averaged 4.36%. The compound annual growth rate (CAGR) over the forecasted five years is 4.10%.
Future trends to watch for include increased consumption driven by rising disposable incomes and changes in dietary preferences towards Western-style diets. Enhanced trade agreements and reduced tariffs could further boost imports. Additionally, the expansion of urban areas and the growth of modern retail channels are likely to support increased demand for fresh cheese in Vietnam.
