The Vietnam aquaculture market size reached 4.9 Million Tons in ?2022?. Looking forward, the publisher expects the market to reach 6.2 Million Tons by ?2028?, exhibiting a CAGR of 4% during ?2022-2028?.
Vietnam is one of the most suitable places for the seafood industry, including both aquaculture and open ocean fishing with its coastline of 3,260 kilometres and an Economic Exclusion Zone of 1 million square kilometres. Currently, Vietnam is ranked as the fourth-largest producer of seafood from aquaculture behind China, Indonesia and India. Aquaculture systems are diversified according to different geographical and climatic conditions as one moves from the north, through central to the south of Vietnam.
Over the past few years, there has been an increasing consumption of fish in Vietnam. Some of the key factors driving the consumption of fish in Vietnam is their heir high nutritional value, their easiness to digest and the fact that they are more economical compared to other protein sources such as beef or pork. Moreover, consumers in Vietnam prefer fish in their diet as it's easy to cook, widely available, and adds variety to the daily diet. Some of the important seafood products include shrimp, pangasius, tuna and marine fish. Shrimp, currently represents the most important export product, and accounted for around 50% of the total export turnover of the country.
Vietnam is one of the most suitable places for the seafood industry, including both aquaculture and open ocean fishing with its coastline of 3,260 kilometres and an Economic Exclusion Zone of 1 million square kilometres. Currently, Vietnam is ranked as the fourth-largest producer of seafood from aquaculture behind China, Indonesia and India. Aquaculture systems are diversified according to different geographical and climatic conditions as one moves from the north, through central to the south of Vietnam.
Over the past few years, there has been an increasing consumption of fish in Vietnam. Some of the key factors driving the consumption of fish in Vietnam is their heir high nutritional value, their easiness to digest and the fact that they are more economical compared to other protein sources such as beef or pork. Moreover, consumers in Vietnam prefer fish in their diet as it's easy to cook, widely available, and adds variety to the daily diet. Some of the important seafood products include shrimp, pangasius, tuna and marine fish. Shrimp, currently represents the most important export product, and accounted for around 50% of the total export turnover of the country.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the Vietnam aquaculture market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, environment and distribution channel.Breakup by Product Type:
- Freshwater Fish
- Crustaceans
- Mollusks
- Others
Breakup by Environment:
- Fresh Water
- Brackish Water
- Marine Water
Breakup by Distribution Channel:
- Traditional Retail
- Specialized Retailers
- Supermarkets and Hypermarkets
- Online Retailers
- Others
Breakup by Region:
- Southern Region
- Northern Region
- Central Region
Competitive Landscape:
The report has also examined the competitive landscape of the Vietnam aquaculture market. Some of the major players include:
- Ca Mau Seafood Processing & Service Joint Stock Corporation
- Hung Vuong Corporation
- Minh Phu seafood corporation
- Vinh Hoan corporation
- Quoc Viet seafood
- Dong Nam Seafood
- Phuong Dong Seafood
- Ngoc Sinh seafood
- SOC Trang Seafood Joint Stock Company
- Thuan Hung Fisheries Company Ltd
Key Questions Answered in This Report:
- What was the size of the Vietnam aquaculture market in 2022?
- What is the expected growth rate of the Vietnam aquaculture market during 2023-2028?
- What are the key factors driving the Vietnam aquaculture market?
- What has been the impact of COVID-19 on the Vietnam aquaculture market?
- What is the breakup of the Vietnam aquaculture market based on the product type?
- What is the breakup of the Vietnam aquaculture market based on the environment?
- What is the breakup of the Vietnam aquaculture market based on distribution channel?
- What are the key regions in the Vietnam aquaculture market?
- Who are the key players/companies in the Vietnam aquaculture market?
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Vietnam Aquaculture Market
6 Market Breakup by Product Type
7 Market Breakup by Environment
8 Market Breakup by Distribution Channel
9 Market Breakup by Region
10 Competitive Landscape
11 Key Player Profiles
List of Figures
List of Tables
Companies Mentioned
- Ca Mau Seafood Processing & Service Joint Stock Corporation
- Hung Vuong Corporation
- Minh Phu seafood corporation
- Vinh Hoan corporation
- Quoc Viet seafood
- Dong Nam Seafood
- Phuong Dong Seafood
- Ngoc Sinh seafood
- SOC Trang Seafood Joint Stock Company
- Thuan Hung Fisheries Company Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 138 |
| Published | March 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value in 2022 | 4.9 Million Tons |
| Forecasted Market Value by 2028 | 6.2 Million Tons |
| Compound Annual Growth Rate | 4.0% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 10 |
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