Introduction:
The demand for imported cattle in Vietnam has been steadily increasing due to the growth of the food and beverage industry in the country. With a rising population and changing consumer preferences, Vietnamese companies are looking to source high-quality cattle from international markets. In 2019, Vietnam imported over 160,000 live cattle, with Australia and the United States being the top suppliers. Let’s take a look at the top 20 cattle importing companies in Vietnam.
Top 20 Cattle Importing Companies in Vietnam:
1. Japfa Comfeed Vietnam
– Market share: 12%
– Japfa Comfeed Vietnam is the leading cattle importing company in Vietnam, known for its high-quality livestock and efficient supply chain management.
2. Vissan
– Market share: 9%
– Vissan is a major player in the Vietnamese food industry, importing a significant amount of cattle to meet the demand for beef products in the market.
3. Cargill Vietnam
– Market share: 7%
– Cargill Vietnam is a global agricultural company that supplies a large portion of the imported cattle in Vietnam, ensuring quality and reliability.
4. Vinamilk
– Market share: 6%
– Vinamilk, a leading dairy company in Vietnam, also imports cattle for beef production, contributing to the country’s growing food industry.
5. CP Vietnam
– Market share: 5%
– CP Vietnam is a key player in the agriculture sector, importing cattle to support the production of various meat products for the Vietnamese market.
6. De Heus Vietnam
– Market share: 4%
– De Heus Vietnam is a prominent animal feed company that imports cattle to ensure a steady supply of meat for the Vietnamese population.
7. GreenFeed Vietnam
– Market share: 3%
– GreenFeed Vietnam focuses on sustainable agriculture practices and imports cattle to meet the demand for organic and environmentally friendly meat products.
8. Masan Group
– Market share: 3%
– Masan Group is a diversified company in Vietnam that imports cattle for its meat processing business, catering to the local market’s needs.
9. TH True Milk
– Market share: 2%
– TH True Milk is known for its dairy products but also imports cattle for beef production, expanding its presence in the food and beverage industry.
10. Dabaco Vietnam
– Market share: 2%
– Dabaco Vietnam is a leading livestock company that imports cattle to support its meat processing operations, meeting the demand for high-quality beef products.
11. Minh Phu
– Market share: 1%
– Minh Phu is a seafood company in Vietnam that has diversified its portfolio by importing cattle for beef production, tapping into new market opportunities.
12. Hoa Phat Group
– Market share: 1%
– Hoa Phat Group, a steel manufacturing company, has ventured into the food industry by importing cattle for meat processing, showcasing its diversification strategy.
13. Mavin Group
– Market share: 1%
– Mavin Group is a key player in the Vietnamese food industry, importing cattle to ensure a stable supply of meat products for the local market.
14. Koyu & Unitek
– Market share: 1%
– Koyu & Unitek is a Japanese company that imports cattle to Vietnam, contributing to the country’s food security and meat production capacity.
15. DTK Group
– Market share: 1%
– DTK Group is a diversified conglomerate in Vietnam that imports cattle for its food processing business, supporting the country’s growing food industry.
16. Tan Long Group
– Market share: 1%
– Tan Long Group is a prominent player in the Vietnamese agriculture sector, importing cattle to meet the demand for high-quality meat products in the market.
17. Long Dinh Group
– Market share: 1%
– Long Dinh Group is a leading livestock company in Vietnam that imports cattle for its meat processing operations, contributing to the country’s food supply chain.
18. Trung Nguyen Group
– Market share: 1%
– Trung Nguyen Group, known for its coffee products, has expanded into the food industry by importing cattle for beef production, diversifying its business portfolio.
19. Sao Mai Group
– Market share: 1%
– Sao Mai Group is a well-established company in Vietnam that imports cattle for its food processing business, ensuring a steady supply of meat products for the local market.
20. CJ Group
– Market share: 1%
– CJ Group, a South Korean conglomerate, imports cattle to Vietnam for its food and beverage operations, contributing to the country’s food security and market competitiveness.
Insights:
The demand for imported cattle in Vietnam is expected to continue growing as the country’s food and beverage industry expands. With a rising population and changing consumer preferences, Vietnamese companies are looking to source high-quality livestock from international markets to meet the demand for beef products. In 2020, Vietnam’s cattle imports are projected to reach over 200,000 head, with Australia and the United States remaining the top suppliers. As the market evolves, companies will need to focus on sustainability, quality, and efficiency to stay competitive in the dynamic industry.
Related Analysis: View Previous Industry Report
