Vietnam Aquaculture Market Report by Product Type (Freshwater Fish, Crustaceans, Mollusks, and Others), Environment (Fresh Water, Brackish Water, Marine Water), Distribution Channel (Traditional Retail, Specialized Retailers, Supermarkets and Hypermarkets, Online Retailers, and Others), and Region 2024-2032

Vietnam Aquaculture Market Report by Product Type (Freshwater Fish, Crustaceans, Mollusks, and Others), Environment (Fresh Water, Brackish Water, Marine Water), Distribution Channel (Traditional Retail, Specialized Retailers, Supermarkets and Hypermarkets, Online Retailers, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1119
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Market Overview:

The Vietnam aquaculture market size reached 5.1 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 6.9 Million Tons by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
5.1 Million Tons
Market Forecast in 2032
6.9 Million Tons
Market Growth Rate (2024-2032) 3.3%


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:

IMARC Group 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 levels from 2024-2032. Our report has categorized the market based on product type, environment and distribution channel.

Breakup by Product Type:

Vietnam Aquaculture Market Report

  • Freshwater Fish
  • Crustaceans
  • Mollusks
  • Others
     

On the basis of product type, the market has been segmented as freshwater fish, crustaceans, mollusks and others. Currently, freshwater fish dominates the market, holding the largest share.

Breakup by Environment:

  • Fresh Water
  • Brackish Water
  • Marine Water
     

Based on the environment, the market has been divided as fresh water, brackish water and marine water. Fresh water represents the biggest segment, accounting for the largest market share.

Breakup by Distribution Channel:

  • Traditional Retail
  • Specialized Retailers
  • Supermarkets and Hypermarkets
  • Online Retailers
  • Others
     

Based on the distribution channel, the market has been segregated into traditional retail, specialized retailers, supermarkets and hypermarkets, online retailers and others.

Breakup by Region:

Vietnam Aquaculture Market Report

  • Southern Region
  • Northern Region
  • Central Region
     

Based on the region, the market has been segmented into northern, central and southern regions.

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


This report provides a deep insight into the Vietnam aquaculture market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vietnam aquaculture market in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion, Million Tons
Segment Coverage Product Type, Environment, Distribution Channel, Region
Region Covered Southern Region, Northern Region, Central Region
Companies Covered 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 and Thuan Hung Fisheries Company Ltd
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Vietnam aquaculture market reached a volume of 5.1 Million Tons in 2023.

We expect the Vietnam aquaculture market to exhibit a CAGR of 3.3% during 2024-2032.

The increasing consumption of seafood products, such as shrimp, pangasius, tuna, etc., owing to their high nutritional value, ease of digestion, and cost-effectiveness, is primarily driving the Vietnam aquaculture market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations in the nation, resulting in a temporary halt in numerous aquaculture activities and restriction on export and import of seafood.

Based on the product type, the Vietnam aquaculture market can be segmented into freshwater fish, crustaceans, mollusks, and others. Currently, freshwater fish holds the majority of the total market share.

Based on the environment, the Vietnam aquaculture market has been divided into fresh water, brackish water, and marine water. Among these, fresh water currently exhibits a clear dominance in the market.

Based on the distribution channel, the Vietnam aquaculture market can be categorized into traditional retail, specialized retailers, supermarkets and hypermarkets, online retailers, and others. Currently, traditional retail accounts for the largest market share.

On a regional level, the market has been classified into Southern Region, Northern Region, and Central Region, where the Southern Region currently dominates the market.

Some of the major players in the Vietnam aquaculture market 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, etc.

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Vietnam Aquaculture Market Report by Product Type (Freshwater Fish, Crustaceans, Mollusks, and Others), Environment (Fresh Water, Brackish Water, Marine Water), Distribution Channel (Traditional Retail, Specialized Retailers, Supermarkets and Hypermarkets, Online Retailers, and Others), and Region 2024-2032
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