Market Overview
The Vietnam food tech market reached a size of USD 820.28 Million in 2024 and is projected to grow to USD 2,191.99 Million by 2033, with a CAGR of 11.54% during 2025-2033. The market growth is driven by digitization in food services, increasing demand for convenient food delivery, and adoption of innovative tech in food processing and supply chain management. Urbanization, expanding middle-class, and government digital transformation initiatives further support this growth.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Vietnam Food Tech Market Key Takeaways
- Current Market Size: USD 820.28 Million in 2024
- CAGR: 11.54% during 2025-2033
- Forecast Period: 2025-2033
- The Vietnam food tech market is propelled by rapid digital transformation in the food industry including cloud-based POS and AI-driven analytics.
- Significant growth in food delivery platforms is driven by mobile penetration, urbanization, and logistics tech such as GPS tracking.
- Adoption of smart supply chain solutions like blockchain, IoT, and RFID enhances food quality monitoring and traceability.
- Government policies supporting Industry 4.0 facilitate conducive environments for technology adoption.
- The market is expanding notably in major cities like Ho Chi Minh City and Hanoi, with delivery services extending to suburban areas.
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Market Growth Factors
The Vietnam food tech market is growing rapidly due to the widespread digitization of food services. The integration of cloud-based point-of-sale systems, digital menu boards, and automated kitchen gadgets is transforming food outlets. AI and machine learning algorithms enable predictive analytics for demand forecasting, reducing food waste, and optimizing supply chains. Additionally, government policies promoting Industry 4.0 and the digital economy create favorable conditions for tech adoption across various food industry segments.
Another major growth driver is the expansion of food delivery platforms. Enhanced by mobile penetration and urbanization, these platforms employ advanced logistics technologies such as GPS tracking and real-time delivery management, improving service quality and reducing delivery times. Integration of payment gateways, loyalty programs, and recommendation engines foster comprehensive digital ecosystems. Ghost kitchens and cloud restaurants supported by such technology infrastructure are emerging as cost-effective business models, particularly in metropolitan areas.
The increasing adoption of smart supply chain and traceability technologies significantly contributes to market growth. Vietnamese food companies utilize blockchain, IoT sensors, and RFID to enable real-time food quality monitoring, proper temperature control, and farm-to-table traceability. Cold chain management systems with smart sensors ensure compliance with food safety norms and diminish spoilage, crucial for Vietnam’s export-heavy agriculture sector. Digital platforms connect farmers directly to retailers and consumers, eliminating intermediaries and enhancing producer margins, all while adhering to stringent food safety standards and international export requirements.
Market Segmentation
Component Insights:
- Hardware: Includes physical devices and equipment used in food tech.
- Software: Encompasses digital solutions and applications that enable data management and operational efficiency.
- Services: Covers consultancy, implementation, and support related to food tech solutions.
Application Insights:
- Food Science: Technologies and solutions improving food research and development processes.
- Kitchen and Restaurant Tech: Automation and digitalization tools for kitchen operations and restaurant management.
- Delivery: Platforms and logistics technologies facilitating food delivery services.
- Supply Chain: Systems enabling efficient food supply chain management and traceability.
- Others: Other applications related to food technology not categorized above.
Industry Insights:
- Fish, Meat, and Seafood: Food tech solutions focused on the fish, meat, and seafood industry.
- Fruits and Vegetables: Technologies aiming at the fruits and vegetables sector.
- Grain and Oil: Food tech in grain and oil processing and management.
- Dairy Products: Solutions targeting the dairy product industry.
- Beverages: Food tech innovations in the beverage sector.
- Bakery and Confectionery: Technologies applied in bakery and confectionery production.
- Others: Additional food industries covered by food tech.
Regional Insights
The Vietnam food tech market is divided into Northern Vietnam, Central Vietnam, and Southern Vietnam regions. The report notes significant growth and expansion in major cities such as Ho Chi Minh City and Hanoi, particularly in delivery services extending into suburban and smaller cities. However, exact regional market shares or growth rates are not provided.
Recent Developments & News
In August 2025, Kido Group, a leading Vietnamese food producer, partnered with China's Yuguangtongchen to establish AIRO, a joint venture focused on AI-driven commercials. This collaboration aims to reduce production costs by 70% and significantly shorten turnaround times, revolutionizing advertising in Vietnam’s market.
In March 2025, Hoàng Long cooperative in Hà Nội improved food safety by implementing digital traceability through the iCheck Trace application, supported by the SAFEGRO project. The platform leverages blockchain technology and QR codes to ensure product transparency, enabling consumers to verify food authenticity and origin while optimizing production management.
Key Players
- Kido Group
- Yuguangtongchen
- Hoàng Long cooperative
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