The Vietnam food tech market size reached USD 820.28 Million in 2024 and is forecasted to reach USD 2,191.99 Million by 2033, exhibiting a CAGR of 11.54% during 2025-2033. The market growth is driven by rapid digitization in the food industry, growing consumer demand for convenient food delivery, and increasing adoption of innovative technologies in food processing and supply chain management. Rising urbanization, expanding middle-class population, and government support for digital transformation also contribute to this growth.

Study Assumption Years

• Base Year: 2024
• Historical Years: 2019-2024
• Forecast Period: 2025-2033

Vietnam Food Tech Market Key Takeaways

• The Vietnam food tech market size was USD 820.28 Million in 2024.
• The market is expected to grow at a CAGR of 11.54% during 2025-2033.
• The market forecast is USD 2,191.99 Million by 2033.
• The market is propelled by rapid digitization across the food industry.
• Consumer demand for convenient food delivery services is rising.
• Innovative technologies in food processing and supply chain management are increasingly adopted.
• Urbanization, a growing middle-class, and government digital initiatives are further promoting growth.

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Market Growth Factors

The Vietnam food tech market growth is primarily driven by rapid digitization within the food industry. Restaurants, food companies, and retailers are adopting technology-enabled solutions such as cloud-based point-of-sale systems, digital menu boards, and automated kitchen gadgets to enhance operations and customer experience. AI and machine learning models are utilized for demand forecasting, food waste reduction, and supply chain optimization. Additionally, supportive government policies toward Industry 4.0 and the digital economy foster a conducive environment for food tech adoption.

Food delivery platforms have seen remarkable expansion, spurred by shifting consumer trends, increasing mobile penetration, and urbanization. Technologies like GPS tracking, route planning, and real-time delivery management improve service quality and delivery speed. Platforms integrate payment gateways, loyalty programs, and recommendation engines to create comprehensive digital ecosystems. Ghost kitchens and cloud restaurants are emerging viable options, especially in large cities such as Ho Chi Minh City and Hanoi, with expansions into suburban and smaller cities.

Smart supply chain and traceability solutions also play a crucial role. Vietnamese companies are employing blockchain technology, IoT sensors, and RFID tracking for transparent and efficient supply chains. These innovations enable real-time monitoring of food quality and temperature control in transportation, ensuring safety compliance and minimizing spoilage. Digital platforms that connect farmers directly to retailers and consumers reduce intermediaries, boosting producers' profit margins. Adoption of quality management software and compliance tracking responds to food safety and international export standards.

Market Segmentation

Component Insights:

• Hardware: The report includes analysis on hardware components deployed within food tech solutions.
• Software: Software adoption is emphasized for predictive analytics, supply chain management, and compliance tracking.
• Services: Consultancy, operational support, and technology implementation services form a significant segment.

Application Insights:

• Food Science: Technologies focused on food quality, safety, and innovation.
• Kitchen and Restaurant Tech: Solutions include cloud-based POS, automated kitchen equipment, and digital menus.
• Delivery: Platforms leveraging logistics technologies for food ordering and delivery.
• Supply Chain: Traceability and cold chain management solutions enhancing food safety.
• Others: Other applicable food tech solutions within the industry.

Industry Insights:

• Fish, Meat, and Seafood: Food tech applications and innovations targeting this sector.
• Fruits and Vegetables: Technologies enhancing freshness, traceability, and logistics.
• Grain and Oil: Food tech solutions improving processing and supply.
• Dairy Products: Adoption in dairy with focus on quality and safety.
• Beverages: Technologies applied in beverage production, delivery, and supply.
• Bakery and Confectionery: Food tech usage in baking and confectionery processing.
• Others: Additional industry segments benefitting from food tech.

Regional Insights

The Vietnam food tech market encompasses Northern Vietnam, Central Vietnam, and Southern Vietnam. The highest market growth and tech adoption are especially evident in major cities like Ho Chi Minh City and Hanoi, with delivery platforms expanding into suburban and smaller cities. Regional insights include this diversification in urban and suburban growth driving overall market expansion.

Recent Developments & News

In August 2025, Kido Group, Vietnam’s leading food producer, partnered with China's Yuguangtongchen to launch AIRO, a joint venture focused on AI-driven commercials aimed at cutting production costs by 70% and reducing turnaround times. In March 2025, the Hoàng Long cooperative in Hà Nội enhanced food safety with digital traceability via the iCheck Trace application supported by the SAFEGRO project, using blockchain and QR codes to ensure transparency and authenticity.

Key Players

• Kido Group
• Yuguangtongchen
• Hoàng Long cooperative

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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