Food And Textile Industry
Vietnam is a leading producer and exporter of a spread of agricultural products including rice, fruits, and vegetables, catfish, cashews, coffee, pepper. in the meantime, the country imports a great amount of agricultural and food products to satisfy the growing demand for both human and animal consumption.
Vietnam has become a food processing hub meeting the high demand for processed food both for international and native markets. The Canned Seafood and agriculture products that shipped overseas dominate the industry. The food processing sector contributes 15% of the GDP and accounts for 40% of Vietnam’s export. Till 2025 Vietnam has decided to follow a strategy to prioritize the food processing sector for economic development.
The role of Krofta Engineering in the Food industry For the Vietnam Economy.
The size of the Food industry is anticipated to succeed in USD 65.03 billion by 2024 growing at a CAGR of 13.05% during the forecast period (2019 - 2024). An Entire analysis of the ‘Vietnam Food Service Market’ supported definition, product specifications, market gains, key geographic regions, and imminent Vietnam Food industry peers which will drive key business decisions till 2023
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