Vietnam Pangasius Market to Grow at 1.12% During 2022-2027, Propelled by Introduction of Sustainable Farming Practices

April 14, 2020

As per the latest report by IMARC Group, titled “Vietnam Pangasius Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the Vietnam pangasius marketis expected to grow at a CAGR of 1.12% during 2022-2027. Pangasius is a type of freshwater catfish that is primarily found in Vietnam. It has a dark grey colored back, silver belly and long twin beard with more red blood cells than other types of fish. Pangasius is available in many forms in the market, such as skinless and boneless fillets or portions in different sizes and shapes cut from the fillets. At present, Vietnam is one of the dominant exporters and cultivators of pangasius across the globe. Over the years, the pangasius sector in the country has undergone vitals changes, with the production shifting from small farm owners to big enterprises.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Vietnam Pangasius Market Trends:

One of the significant growth factors for the market is the abundance of fresh water sources in Vietnam, which has facilitated the pangasius aquaculture across the country. Additionally, pangasius species have a low to moderate fat content with high levels of protein. This, along with their relatively lower cost, delicate texture and mild flavor, has increased the demand for pangasius across various countries, consequently providing a positive impact on the export market in Vietnam. Apart from this, the Vietnam Pangasius Association (VPA) has emphasized the need to focus on broodstock quality, general fish health and technological improvement in order to ensure sustainable growth. As a result, they are advancing and mandating the use of Best Aquaculture Practices (BAP) to minimize the impact on local environments and communities. This has led to the growth of high-quality pangasius cultivation, as well as expansion in production capacities. Moreover, Vietnamese farming companies are also investing in hatcheries and processing facilities to improve vertical integration.

Market Summary:

  • Based on the feed type, the market has been bifurcated into commercial and home-made pellets.
  • On the basis of the rearing method, the market has been segregated into ponds and floating cages.
  • The market has been classified based on the product type into raw, processed and value-added pangasius.
  • Region-wise, the market has been divided into Dong Thap, An Giang, Can Tho, Ben Tre, Vinh Long, Hau Giang, Tien Giang, Soc Trang, Tra Vinh, Kien Giang and others.
  • The competitive landscape of the market has also been examined, with some of the key players being Anvifish Joint-Stock Company, Aquatex Ben Tre, Bien Dong Seafood Company Limited, Can Tho Import Export Seafood JSC, Cuu Long Seafood Import and Export JSC, Dai Thanh Seafood, Fatifish Company Limited, Go Dang Joint Stock Company (GODACO), Hung Ca Company Limited, IDI Corporation, NAVICORP, NTSF Seafood Joint Stock Company and Vinh Hoan Corporation.


About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St Ste R
Sheridan, WY 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Vietnam Pangasius Market to Grow at 1.12% During 2022-2027, Propelled by Introduction of Sustainable Farming Practices
Select License Type

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More