On the morning of February 18, a press conference was held in Hanoi to provide information about the Exhibition for the Beverage and Liquid Food Industry (Drinktec 2025).
Vietnam imports a lot of equipment and machinery for the beverage industry.
At the press conference of the Exhibition for the Liquid Food and Beverage Industry (Drinktec 2025) organized by Yontex Limited Company in collaboration with the Vietnam Beer, Alcohol and Beverage Association (VBA) on the morning of February 18, in Hanoi, the VDMA Mechanical Engineering Association (Germany) informed that the global food and beverage industry is growing strongly, playing an important role in the economies of many countries.
However, it is also a highly competitive sector, with price pressures, constant product innovation and increasingly short product life cycles. Investments in advanced technology that improve efficiency, increase flexibility and optimise sustainable production processes are driving demand for machinery.
Press conference of the Exhibition for the Beverage and Liquid Food Industry (Drinktec 2025) |
According to VDMA figures, global trade in food processing and packaging machinery has been growing steadily, reaching a record €52.6 billion in 2023. In the period 2014-2023, the industry's total international trade value reached €428 billion, an increase of 46%.
Europe is currently the world's largest consumer market for food processing and packaging machinery, accounting for 41% of the market share. Asia ranks second with 19%, followed by North America (18%), the Middle East - Africa (10%), Latin America (9%)... Italy, Germany and China are the three largest machinery suppliers in the world.
Vietnam is a notable import market. In 2023 alone, the total value of beverage machinery imported into Vietnam reached 517 million Euros, of which more than half came from China. Italy ranked second with 50 million Euros, followed by Japan (44 million Euros), South Korea (43 million Euros) and Germany (32 million Euros).
Regarding beverage consumption demand, citing data from Euromonitor International - a UK-based market research organization, Mr. Markus Kosak - Executive Director of the Drinktec Exhibition chain at Yontex said that the total global beverage consumption is expected to increase by 16%, reaching 972 billion liters in 2028. Notably, Asia accounts for nearly 1/3 of the total global beverage consumption and is forecast to have the strongest growth in the period 2024-2028.
According to Euromonitor International, beverage sales in Asia will increase by 22%, reaching 294 billion liters by 2028. In 2024, total beverage consumption in Vietnam will reach nearly 6 billion liters, with a forecast to increase by 28% by 2028.
For more information, Mr. Richard Clemens - Executive Director of two Associations: Food Processing and Packaging Machinery Association; Processing Plant and Equipment Association quoted a report by Euromonitor International saying that alcoholic beverage sales in Asia will increase by 8%, from 85.3 billion liters currently to about 92.4 billion liters in 2028, of which beer will account for about 80% of total consumption. China leads the top 10 alcoholic beverage consumption markets, with a market share of over 60%, followed by Japan, India and Vietnam. Vietnam ranks 8th in the top 10 largest beverage markets in Asia.
Alcohol consumption in Vietnam is forecast to increase by nearly 50%, from 4.3 billion liters to 6.5 billion liters by 2028, the highest growth rate among the top 10 largest markets in Asia. “Health trends, new formulations, functional ingredients and the increasing importance of protein in beverages are opening up new business opportunities. Drinktec 2025 will provide solutions to these issues, focusing on key topics including Resource Management and Circular Flow, Value from Data, Lifestyle and Health,” said Richard Clemens.
Drinktec 2025: Opportunities for Vietnamese beer, wine and beverage businesses
In the context of the beer, wine and beverage industry in Vietnam and the world in general facing strong growth, Drinktec 2025 Exhibition will be held from September 15 to September 19, 2025 in Munich, Federal Republic of Germany with the participation of many businesses from about 60 countries. The event affirms its position as the leading platform to introduce breakthrough solutions for the global beverage and liquid food industry.
At Drinktec 2025, the focus topic “Data2Value” will delve into digitalization in the industry, highlighting how AI tools are expanding the potential for data applications across the entire value chain. Deep data integration brings huge benefits to many beverage and liquid food manufacturing processes – from leveraging external data, to machine learning-based predictive tools that help uncover important correlations in product formulation, processing technology and plant operations.
Mr. Nguyen Van Viet talks with reporters on the sidelines of the press conference |
According to Mr. Nguyen Van Viet - Chairman of VBA, Vietnam is a tropical country in Southeast Asia. The habit of using traditional drinks, especially beer, is very popular.
Drinktec 2025 is an event that is of great interest to Vietnamese beer, wine and beverage businesses. This event is held every 4 years in Munich, Germany. In previous exhibitions, many Vietnamese businesses have participated, thereby learning from experience to improve technology and meet the increasing demands of the market.
“The workshop within the framework of the exhibition brings the latest technologies, the most advanced techniques and developments in the current 4.0 and 5.0 era. This is a great opportunity for Vietnamese enterprises to access leading technologies from Germany, Europe and other countries in the world. Through this workshop, it is also an opportunity to help the Vietnamese beverage industry develop to meet digital technology, digital technology as well as green technology transformation, circular technology and meet the current development stage” - Mr. Nguyen Van Viet said.
Speaking to reporters from the Industry and Trade Newspaper on the sidelines of the press conference, Mr. Nguyen Van Viet said that Vietnamese enterprises are always proactive in approaching modern technology. All beverage factories, breweries, etc. have the most modern equipment, not inferior to any country in the world. New technologies such as AI (formerly known as automation) have been introduced to many enterprises, thereby helping the Vietnamese beverage industry to approach, develop and catch up with countries in the region and the world.
“The Vietnamese beverage industry is at an average level and businesses are striving to catch up with developed countries. Drinktec 2025 will be an opportunity to help businesses rise up and increasingly meet market demands,” said Mr. Nguyen Van Viet.
Drinktec 2025, will delve into digitalisation, highlighting how AI tools are expanding the potential for data applications across the entire value chain, bringing huge benefits to many environmentally friendly liquid food and beverage production processes. |
Source: https://congthuong.vn/sap-dien-ra-trien-lam-nganh-cong-nghiep-do-uong-374390.html
Comment (0)