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NEW YORK, Feb. 9, 2022 /PRNewswire/ — The fruits and vegetable market in Vietnam is set to grow by 8.15 million units from 2021 to 2026. However, the growth momentum is likely to decelerate at a CAGR of 4.85% as per the latest report by Technavio. The fruits and vegetables market share growth in Vietnam by the vegetable segment will be significant for revenue generation. The potential growth in the middle-income group, along with the rise in demand for fresh vegetables worldwide, is expected to drive the demand for vegetables. Other factors such as the increase in agricultural production, improvements in food processing technology, and changes in consumer food consumption patterns will further pave the way for the growth of the fruits and vegetable market in Vietnam. In 2021, According to Population Reference Bureau, 37% of population of Vietnam live in cities. The growing urbanization has increased the focus on eating a healthy diet, which is fueling the demand for vegetables in the region.
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The fruits and vegetable market in Vietnam covers the following areas:
- Fruits And Vegetables Market In Vietnam Sizing
- Fruits And Vegetables Market In Vietnam Forecast
- Fruits And Vegetables Market In Vietnam Analysis
Fruits and vegetable market in Vietnam – Drivers & Challenges
The report on the fruits and vegetable market in Vietnam provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The market is driven by increased consumption of fruits and vegetables to maintain a healthier diet. Rapid urbanization and consumerism trends prompt extensive changes in consumer lifestyles and a shift toward healthy eatables. Regular consumption of fruits and vegetables helps in preventing major diseases such as cancer as they are a great source of vitamins such as C, A, B, and E and many other dietary…
Full story available on Benzinga.com
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