In 2023, the meat market size volume per capita in Vietnam stood at 65.93 kilograms. Based on the forecast data from 2024 to 2028, there is a consistent upward trend in meat consumption per capita, growing from 66.11 kilograms in 2024 to 66.84 kilograms in 2028. Analyzing the year-on-year variations, we observe a very steady increase of approximately 0.29% annually, signaling sustainable growth. Over the last two years, the average annual growth rate (CAGR) was approximately 0.29%.
Future trends to watch for include shifts in consumer preferences towards healthier and alternative protein sources, impacts of economic growth on meat consumption, and potential advancements in meat production technologies. Monitoring these factors will be critical in understanding the long-term trajectory of the meat market in Vietnam.
