Introduction

To help global large dairy groups, professional whey producers, supply chain management companies and traders efficiently expand into the Vietnamese market, CRI releases the “Vietnam Whey Import Guide 2023-2026.” The guide provides an overview of the Vietnamese whey industry, import market, and import company information for the period.

The types of importing companies are diverse, including manufacturers of infant formula and nutritional products, dairy processors, food processors, feed manufacturers and traders. This guide features the top 10 importing companies, including company profiles, contact information, and important information such as import volume, value, price, import resources, and major suppliers for 2023-2026 (including Excel data source).

The publication of the “Vietnam Whey Import Guide 2023-2026” aims to provide whey producers with precise customer acquisition channels, helping them expand into the Vietnamese market more efficiently. It also provides valuable decision-making insights for international trading companies and investment institutions, helping them optimize their regional supply chain strategies. This guide will help suppliers stay abreast of market trends in Vietnam, mitigate potential risks and enhance their international competitiveness.

Industry Overview

Whey and whey powder are important functional ingredients widely used in infant formula, nutritional foods, baking, beverages, confectionery and animal feed.

With the continued development of Vietnam’s dairy processing, infant formula, sports nutrition, and functional food markets, whey demand is steadily increasing. At the same time, the trend of health-conscious consumption has also driven the growth in demand for high-value-added products such as milk protein and whey protein.

Vietnam’s self-sufficiency in dairy raw materials remains insufficient; domestic fresh milk production and the local deep processing of dairy products are currently inadequate to meet the entire demand for whey-based raw materials. Consequently, products such as whey powder, demineralized whey powder, and whey protein are primarily sourced from overseas.

The core consumer base for whey in Vietnam is primarily concentrated within the B2B manufacturing sector; manufacturers of infant formula and nutritional powders constitute one of the most significant sources of demand. This is followed by dairy and food processing enterprises, which utilize whey in products such as yogurt, flavored milk, baked goods, confectionery, chocolate, and beverages.

Furthermore, the expansion of the sports nutrition and high-protein food markets has driven an increased demand for premium products, such as whey protein concentrates. Additionally, a portion of whey powder is utilized in animal feed and pet food, thereby further broadening the industry’s demand base.

In the future, as Vietnam promotes the improvement of the dairy industry value chain, increases the self-sufficiency rate of raw materials, and develops high value-added dairy product processing, the whey market is expected to continue to expand, but it will still rely on imports in the short to medium term.

Import Market Overview

Vietnam’s whey imports continue to expand rapidly.

According to CRI analysis, Vietnam’s whey import market is broadly characterized by “industrial demand-driven growth and a heavy reliance on imports,” serving as a pivotal raw material market within the country’s dairy ingredient and nutritional food supply chains. As Vietnam’s dairy ingredient market expands, the demand for related raw material imports is growing in tandem.

According to CRI statistics, approximately 117 buyers in Vietnam imported whey in 2024, totaling US$ 69.33 million, an increase of 7.6%. In 2025, Vietnam’s total whey imports reached US$ 77.95 million, an increase of 12.4% year-on-year.

United States, Türkiye and Spain are Vietnam’s top three sources for whey imports.

According to CRI analysis, United States, Türkiye, Spain, Italy and Netherlands were the top three sources of Vietnam’s whey imports, accounting for approximately 29.4%??13.9%??12.8%??8.9% and 7.3% of total imports respectively in 2025.

Looking ahead, as Vietnam advances the upgrading of its dairy value chain and builds up its domestic deep-processing capabilities, there is some scope for domestic substitution within certain segments of the low-to-mid-range whey product market. However, in specific segments such as high-quality whey powder, demineralized whey powder, and whey protein, imports are expected to maintain a dominant position for a long time.

Overview of Foreign Investment in Vietnam’s Whey Industry

Investment Background

The Vietnamese whey industry’s appeal to foreign investors stems primarily from two factors. First, the domestic supply of raw milk and the infrastructure for advanced whey processing remain relatively underdeveloped; consequently, products such as whey powder, demineralized whey powder, and whey protein have long been dependent on imports.

Second, the Vietnamese government is actively driving the dairy sector toward an upgrade focused on establishing a complete value chain and engaging in high value-added processing. This implies that foreign capital still has substantial room to participate in areas such as dairy raw material supply, advanced processing technologies, product formulation R&D, and localized manufacturing.

Investment Advantages

1. Political stability and rapid economic development. The Vietnamese government has strong governing capabilities, consistent policies, and a focus on economic development and improving people’s livelihoods.

2. Relatively low labor costs.

3. Strategically located in the eastern part of the Indochina Peninsula, with a 3,260-kilometer coastline and numerous ports, transportation is convenient.

4. Relatively relaxed policies and regulations provide foreign investors with comprehensive legal protections and generous preferential policies.

5. Vietnam has a high level of openness to the outside world, with 19 free trade agreements signed or in progress. Investors can use platforms such as RCEP and the China-ASEAN Free Trade Area to explore a broader international market.

Investment Regulations

According to Vietnam’s investment law and other regulations, dairy products and food processing in Vietnam are not among the sectors restricted or prohibited from foreign investment. Foreign-invested enterprises may enter the market by establishing either wholly foreign-owned enterprises or joint ventures. When engaging in production or trading activities, enterprises are required to complete the necessary investment registration and business registration procedures, as well as comply with Vietnamese regulations regarding quality standards for food products.

Guide Highlights:

Comprehensive Coverage:

This directory includes major importers in Vietnam, including manufacturers of infant formula and nutritional products, dairy processors, food processors, feed manufacturers and traders. 

Detailed Information:

Including basic information of the TOP10 importers, contact information, import quantity, import value, price, import source and main suppliers.

Product Focus:

With data-driven and market-oriented approach, we focus on key industries and conduct in-depth analysis of Vietnam’s import policies, market demand and major sources of imports. Whether you are a foreign trade company, an investment institution, or a practitioner upstream or downstream of the industrial chain, you can quickly find reliable information and practical strategies here.

Efficient Connectivity:

The guide has a clear format and includes Excel data, which facilitates quick screening, group management and batch contact, helping global suppliers to efficiently connect with the Vietnamese market.

Market Value:

The guide includes an overview of Vietnam’s whey industry, an overview of the import market, and a brief analysis of market demand trends, helping global suppliers seize the Vietnamese market and opportunities.

Table of Contents

1 Industry Overview

1.1 Industry Definition and Classification

1.2 Current Status of the Vietnamese Whey Industry

1.2.1 Supply Situation of the Vietnamese Whey Industry

1.2.2 Downstream Market Demand Situation of the Vietnamese Whey Industry

1.3 Overview of Foreign Investment in the Vietnamese Whey Industry

2 Import Market Overview

2.1 Import Scale of Whey in Vietnam

2.2 Major Import Sources of Whey in Vietnam

3 Overview of Importers (2023-2026)

3.1 Importers Overview of Whey in Vietnam (2023)

3.1.1 Total Scale of Importers

3.1.2 Top 5 Importers

3.2 Importers Overview of Whey in Vietnam (2024)

3.2.1 Total Scale of Importers

3.2.2 Top 5 Importers

3.3 Importers Overview of Whey in Vietnam (2025)

3.3.1 Total Scale of Importers

3.3.2 Top 5 Importers

3.4 Importers Overview of Whey in Vietnam (2026)

3.4.1 Total Scale of Importers

3.4.2 Top 5 Importers

4 List of the Top 10 Importers in 2026

4.1 Company 1

4.1.1 Introduction to Company 1

4.1.2 Import Status of Company 1, 2023-2026

4.2 Company 2

4.2.1 Introduction to Company 2

4.2.2 Import Status of Company 2, 2023-2026

4.3 Company 3

4.3.1 Introduction to Company 3

4.3.2 Import Status of Company 3, 2023-2026

4.4 Company 4

4.4.1 Introduction to Company 4

4.4.2 Import Status of Company 4, 2023-2026

4.5 Company 5

4.5.1 Introduction to Company 5

4.5.2 Import Status of Company 5, 2023-2026

4.6 Company 6

4.6.1 Introduction to Company 6

4.6.2 Import Status of Company 6, 2023-2026

4.7 Company 7

4.7.1 Introduction to Company 7

4.7.2 Import Status of Company 7, 2023-2026

4.8 Company 8

4.8.1 Introduction to Company 8

4.8.2 Import Status of Company 8, 2023-2026

4.9 Company 9

4.9.1 Introduction to Company 9

4.9.2 Import Status of Company 9, 2023-2026

4.10 Company 10

4.10.1 Introduction to Company 10

4.10.2 Import Status of Company 10, 2023-2026

5 Suggestions of Investment and Cooperation

5.1 Investment Suggestions

5.2 Cooperation Suggestions

List of Chart

Chart 2023-2026 Whey Market Size in Vietnam

Chart 2023-2026 Whey Import Market Size in Vietnam

Chart 2023-2026 Major Import Sources of Vietnam’s Whey

Chart 2023 Whey Import Companies and Total Import Value

Chart 2024 Whey Import Companies and Total Import Value

Chart 2025 Whey Import Companies and Total Import Value

Chart 2026 Whey Import Companies and Total Import Value

Chart List of the Top 10 Importing Companies in 2026

Chart Company 1 Profile

Chart Import Scale of Company 1, 2023-2026

Chart Major Import Sources of Company 1, 2023-2026

Chart Major Suppliers of Company 1, 2023-2026

Chart Company 2 Profile

Chart Import Scale of Company 2, 2023-2026

Chart Major Import Sources of Company 2, 2023-2026

Chart Major Suppliers of Company 2, 2023-2026

Chart Company 3 Profile

Chart Import Scale of Company 3, 2023-2026

Chart Major Import Sources of Company 3, 2023-2026

Chart Major Suppliers of Company 3, 2023-2026

Chart Company 4 Profile

Chart Import Scale of Company 4, 2023-2026

Chart Main Import Sources of Company 4, 2023-2026

Chart Main Suppliers of Company 4, 2023-2026

Chart Company 5 Profile

Chart Import Scale of Company 5, 2023-2026

Chart Main Import Sources of Company 5, 2023-2026

Chart Main Suppliers of Company 5, 2023-2026

Chart Company 6 Profile

Chart Import Scale of Company 6, 2023-2026

Chart Main Import Sources of Company 6, 2023-2026

Chart Main Suppliers of Company 6, 2023-2026

Chart Company 7 Profile

Chart Import Scale of Company 7, 2023-2026

Chart Main Import Sources of Company 7, 2023-2026

Chart Main Suppliers of Company 7, 2023-2026

Chart Company 8 Profile

Chart Import Scale of Company 8, 2023-2026

Chart Major Import Sources of Company 8, 2023-2026

Chart Major Suppliers of Company 8, 2023-2026

Chart Company 9 Profile

Chart Import Scale of Company 9, 2023-2026

Chart Major Import Sources of Company 9, 2023-2026

Chart Major Suppliers of Company 9, 2023-2026

Chart Company 10 Profile

Chart Import Scale of Company 10, 2023-2026

Chart Major Import Sources of Company 10, 2023-2026

Chart Major Suppliers of Company 10, 2023-2026

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