Introduction
Rice milk has become a popular dairy alternative in Vietnam due to its health benefits and lactose-free properties. With the growing demand for plant-based milk, several brands have emerged in the market, offering a variety of rice milk products. In this report, we will explore the top 10 rice milk brands in Vietnam, focusing on their financial performance, market share, and industry insights.
1. Vinamilk
Overview
Vinamilk is one of the leading dairy companies in Vietnam, known for its wide range of dairy products, including rice milk. The company has a strong presence in the market and a loyal customer base.
Financial Data
Vinamilk reported a revenue of VND 59.5 trillion in 2020, with a net profit of VND 10.3 trillion. The company’s rice milk products have contributed significantly to its overall revenue growth.
Market Share
Vinamilk holds a significant market share in the rice milk segment in Vietnam, thanks to its strong distribution network and brand reputation.
2. Nutifood
Overview
Nutifood is another prominent player in the rice milk industry in Vietnam. The company offers a range of rice milk products catering to different consumer preferences.
Financial Data
Nutifood recorded a revenue of VND 12.7 trillion in 2020, with a net profit of VND 2.1 trillion. The company’s rice milk sales have shown steady growth over the years.
Market Share
Nutifood has a considerable market share in the rice milk market, competing closely with Vinamilk for the top spot.
3. TH True Milk
Overview
TH True Milk is a well-known dairy brand in Vietnam, offering a range of dairy products, including rice milk. The company focuses on producing high-quality, organic rice milk.
Financial Data
TH True Milk reported a revenue of VND 8.9 trillion in 2020, with a net profit of VND 1.4 trillion. The company’s rice milk products have gained popularity among health-conscious consumers.
Market Share
TH True Milk has been able to capture a significant market share in the rice milk segment, thanks to its premium quality products and strong marketing efforts.
4. Vinasoy
Overview
Vinasoy is a well-established brand in the plant-based milk industry in Vietnam, offering a range of dairy alternatives, including rice milk. The company is known for its innovative products and sustainable practices.
Financial Data
Vinasoy recorded a revenue of VND 6.3 trillion in 2020, with a net profit of VND 1.2 trillion. The company’s rice milk sales have shown consistent growth over the years.
Market Share
Vinasoy has a considerable market share in the rice milk market, catering to a diverse range of consumers with its product offerings.
5. Nutriboost
Overview
Nutriboost is a relatively new player in the rice milk market in Vietnam, offering a range of innovative and healthy rice milk products. The company has been able to gain traction among health-conscious consumers.
Financial Data
Nutriboost reported a revenue of VND 3.5 trillion in 2020, with a net profit of VND 600 billion. The company’s focus on quality and innovation has helped it establish a foothold in the market.
Market Share
Nutriboost is steadily increasing its market share in the rice milk segment, challenging the established players with its unique product offerings and marketing strategies.
