Sunday, February 25, 2024

Email id:, Contact Us : +91-9871552944

Home Consumer products and Retail Vietnam Online Grocery Market Outlook to 2026: Ken Research

Vietnam Online Grocery Market Outlook to 2026: Ken Research

The report titled “Vietnam Online Grocery Market Outlook to 2026 – Market Driven by Increasing Smartphone Penetration, Changing Shopping Habits of Consumers and Regional Expansion of the Online Grocery Players provides a comprehensive analysis of Online Grocery Delivery Market in Vietnam. The report covers various aspects including the current online grocery delivery scenario in Vietnam, need & opportunities describing the target addressable market, addressable gap in the market and possible solutions.

The report also covers current supply and demand in the region, detailed working of Marketplace and Omnichannel operating model, trends, developments, challenges, seasonality trends, current & upcoming technologies facilitating online grocery delivery industry, revenue streams and marketing strategies driving the industry. It gives detailed explanation of competitive scenario including cross comparison between major players, SWOT, and detailed company profiles of major players and concluding with future scope and analyst recommendations.

Market Overview

Gaps in offline grocery shopping such as inconvenience of commute, long payment queues and cost of impulse buying led to the introduction of the e-grocery delivery in Vietnam. Population aged between 25 and 44, is considered an influential customer base for online grocery shopping. The industry is currently positioned in a growth stage registering a double-digit CAGR between 2016 and 2021P. High internet penetration, rising working population and increasing number of single families has led to the growth of e-grocery services in Vietnam. Companies have expanded their product portfolios from food & beverages to household supplies, fresh food, fish & meat and other product categories.

Market Segmentation

By Product Category (Beauty & Health, Food & Beverages, Household Supplies and Fresh Food)

Beauty and Health mapped as most demanded product category. This was followed by Food & Beverages and Fresh Food. Shopee, Tiki and Lazada are major players in online grocery segment in 2021.

By Cities

Ho Chi Minh City and Hanoi are the major cities of Vietnam based population and urbanization. These cities are equipped in terms of setting up warehousing facility, transportation, procurement of grocery and carrying out other backend operations. Working professionals, who are the major end users of online grocery delivery services, are concentrated in Ho Chi Minh City, Hanoi and Da Nang.

By Mode of Payment (Cash on Delivery and Online Payment)

The demand is still dominated by Cash on Delivery payment method followed by online payment.

Cash is the most preferred mode of payment owing to following reasons:

Customers are skeptical for security of their financial details. They believe their bank details are not secure if they use online mode of payment.

Majority of people in rural Vietnam are still not comfortable with Online Payments due to lack of knowledge and awareness.

Request For Sample Report 

By Preferred mode of Delivery

Customers in Vietnam prefer their orders to be fulfilled within 30 minutes – 2 hours. They are willing to pay extra charges for Express Delivery to get their orders on time. Second most preferred mode of delivery is – Standard delivery in a Specific time period, this mode of delivery is generally preferred by working professional in Vietnam.


By Age Group (18-24, 25-37, 38-44, 45+)

About 60% of grocery orders were placed by customers belonging to 25-44 years age group. It has been witnessed that the demand for online grocery is rising among working professionals & married couples as they have less time to physically visit a store for grocery shopping. Moreover, smartphone users Aged 25-44 (targeting working professionals) who are willing to rely on online grocery delivery platforms for fulfilling their grocery needs are the key target population for online grocery delivery companies.

In addition to this, demand for online grocery has increased among the people living independently as they are increasingly outsourcing their chores, such as grocery shopping to reliable vendors online. Approximately 30% of the online grocery buyers are frequent shoppers and they place the order around 3-5 times a month.

Competitive Landscape

The industry is concentrated with presence of 6-8 players operating across marketplace and omnichannel model. Delivery Cost, Delivery Time, App Interface, Discounts & Offers, Return Policy, Ease of Payment have been major factors influencing customer behavior. The major players include Shopee, Tiki and Lazada. Companies with large product assortment, wide regional presence and express delivery are identified as clear leaders in the industry.

Future Outlook and Projection

The demand is expected to grow with a double digit CAGR on the basis of GMV between 2021P and 2026F. Companies are anticipated to focus on expanding tie ups with suppliers & grocery stores to fulfill customer orders. The demand is expected to be driven by upcoming technologies such as Drone Delivery, Warehouse Automation, Voice Ordering and others. Market consolidation is expected in future as players with heavy financial backing and better brand value will acquire small players.

Key Segments Covered:-

By Product Category

Beauty & Health

Food & Beverages

Fresh Food

Household supplies


By Mode of Payment

Cash on Delivery

Online Payments

By Age Group

18-24 years

25-34 years

35-44 years

45+ years

By Type of Business



By Mode of Delivery

In a specific time period

Express Delivery


By Cities

Ho Chi Minh City


Da Nang

Companies Covered:-







Key Target Audience:-

Online Grocery Delivery Companies

Supermarkets & Hypermarkets

E-commerce Companies

Food Delivery Companies


Time Period Captured in the Report:-

Historical Period: 2016–2021P

Forecast Period: 2021P-2026F

Key Topics Covered in the Report:-

How is the Online Grocery Market positioned in Vietnam?

Comparison of the Brick-and-Mortar Grocery with the Online Grocery Platform

Target Addressable Audience for the market

Supply Ecosystem and Challenges

Demand Scenario, Target Customer and Factor Influencing Consumer Behavior

Cross Comparison of Operating Models (Marketplace and Omni-channel)

SWOT Analysis

Current Technologies Facilitating Online Grocery Delivery Industry

Upcoming Technologies in Online Grocery Delivery Industry

Investment and Funding in Online Grocery Delivery Companies in Vietnam

Competitive Landscape – Cross Comparison of Major Players

Company Profiles

Future Market Analysis and Trends

Analyst Recommendations

Research Methodology

For More Information on the research report, refer to below link:-

Vietnam Online Grocery Market

Related Reports:-

Indonesia Online Grocery Market Outlook to 2026 – Driven by Changing Shopping Habits of Consumers and Regional Expansion of Local & International Players in the Archipalego

KSA Online Grocery Delivery Market Outlook to 2025- Driven by Changing Shopping Habits of Consumers and Regional Expansion of Local & International Players in the Kingdom

UAE Online Grocery Delivery Market Outlook to 2025- Driven by Increasing Working Population, Introduction of Express Delivery and Regional Expansion

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications


Skin Care Market Segmentation: Unveiling Needs and Targeting Strategies

The skincare market is a vast and ever-evolving landscape, encompassing a diverse range of products and catering to a multitude of needs. To navigate this complex...

Conquering the Playing Field: A Dive into the Indian Sports and Fitness Goods Market

From cricket’s electrifying bat swings to the grace of yoga poses, India’s love affair with sports and fitness is undeniable. This translates into a...

Hitting the Slopes with Success: Navigating the Winter Sports Equipment Market

As the first snowflakes fall and the mountains beckon, the winter sports equipment market gears up for another season of thrilling rides and frosty...

Most Popular

Skin Care Market Segmentation: Unveiling Needs and Targeting Strategies

The skincare market is a vast and ever-evolving landscape, encompassing a diverse range of products and catering to a multitude of needs. To navigate this complex...

Biopsy Devices Market Size, Share, Trends & Forecast 2029

The global Biopsy Devices Market is set to experience robust growth in the coming years, driven by a combination of factors such as increasing...

A Growing Industry of Protected Cultivation, Insights on Share and Growth

Introduction to Protected Cultivation Protected cultivation, also known as greenhouse farming, revolutionizes traditional agricultural practices by providing controlled environments for optimal plant growth. This article...

Emerging Trends in Indian Test Prep Market: AI, AR, and the Future of Learning

In the bustling realm of India's education sector, the test preparation market stands as a pivotal domain, shaping the academic journeys of millions of...