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Aquaculture Market In Vietnam to grow at a CAGR of 5.73% during 2016-2020

Press Release   •   Jan 24, 2017 04:58 EST

About Aquaculture in Vietnam

Vietnam is one of the most suitable places for seafood and fish farming because of its long and rich coast line. Infrastructure development, growing consumption of fish, high disposable income of consumers, and export of farmed fish and seafood are some of the key drivers, which enable Vietnam to contribute a significant revenue to the aquaculture industry in APAC. The need for aquaculture in Vietnam stems from the high demand from wholesalers, retailers, restaurants, and individual consumers.

Technavios analysts forecast the aquaculture market in Vietnam to grow at a CAGR of 5.73% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the aquaculture market in Vietnam for 2016-2020. To calculate the market size, the report considers the revenue generated from the the retail sales of the following types of products in the aquaculture market in Vietnam:

Freshwater fish



Others (Marine fish, sea cucumbers, and trout)

Technavio's report, Aquaculture Market in Vietnam 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Camau Seafood Processing and Service Joint

Dongnam Seafood

PhuongDong Seafood

Food Joint Stock Company Ca Mau Seafood Exports

Hung Vuong Mekong

Minh Phu

Ngoc Sinh Seafood

Oriental Seafood

Quoc Viet

Saigib Seafood

SOC TRANG Seafood Joint Stock Company

Thuan Hung Fisheries Company

Trong Nhan Seafood

Vinh Hoan


Nireus Aquaculture

Thai Union Frozen Products

Market driver

Infrastructure development initiatives

For a full, detailed list, view our report

Market challenge

Lack of environmental and disease monitoring systems

For a full, detailed list, view our report

Market trend

Production and distribution of seeds and hygienic practices

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?