The Vietnam Pangasius market reached a volume of 1.22 Million Tons in 2019. Pangasius is a genus of medium-large to very large shark cat fishes native to fresh water in South and Southeast Asia. They have a low to medium fat content with high levels of protein. The Mekong river delta in Vietnam is the prime hub for aquaculture of Pangasius due to its abundance of fresh water. By far, Vietnam is the largest producer and exporter of Pangasius in the world.
It has a long coastline and abundant supply of fresh water through the Mekong river. The Mekong delta has several inter connecting rivers and canals, primarily contributed to the rise of Pangasius aquaculture. Furthermore, technological advancements have reduced the labour cost and processing time, resulting in the decline in the Pangasius processing cost. Apart from this, the Vietnamese government has introduced sustainable farming practices to grow high-quality fish and also to minimize the environmental impact due to Pangasius aquaculture. The government has also implied various standards such as ASC, GLOBALG.A.P., VietGAP, BAP etc. to gain consumer confidence in the export market. Introduction of sustainable farming practices and certifications to hatcheries, farms and processing companies have also strongly contributed to the growth of the Pangasius industry in Vietnam. In addition to this, expansion of production capacities, sustainable trade initiatives and increased demand from China, United States and Europe are some of the other factors that are driving the growth of the market. Looking forward, IMARC Group expects the market to exhibit stable growth over the next five years.
Breakup by Culture Type:
- Fresh Water
- Brackish Water
Breakup by Feed Type:
Breakup by Rearing Methods:
Breakup by Product Type:
- Processed
- Raw
- Value-Added
Breakup by Province:
- Dong Thap
- An Giang
- Can Tho
- Ben Tre
- Vinh Long
- Hau Giang
- Tien Giang
- Soc Trang
- Tra Vinh
- Kien Giang
- Others
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Vinh Hoan Corporation, IDI Corporation, NAVICORP, Go Dang Joint Stock Company (GODACO), NTSF Seafood Joint Stock Company, Anvifish Joint-Stock Company, Fatifish Company Limited, Cuu Long Seafood Import and Export JSC, Can Tho Import Export Seafood JSC, etc. The report provides the leading companies in brood stock, hatchery, feed, farming and processing sectors of the industry.
Key Questions Answered in This Report
- How has the Vietnam Pangasius market performed so far and how is it expected to perform in the coming years?
- What are the culture types in the Vietnam Pangasius market?
- Which are the popular product types in the Vietnam Pangasius market?
- What are the major rearing methods in the Vietnam Pangasius market?
- What are the feeds used in the Vietnam Pangasius market?
- What are the major provinces in the Vietnam Pangasius market?
- What are the key driving factors and challenges in the Vietnam Pangasius market?
- What are the various stages in the value chain of the Vietnam Pangasius market?
- What is the structure of the Vietnam Pangasius market and who are the key players?
- What is the degree of competition in the Vietnam Pangasius market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Vietnam Pangasius Farming
5.1 Market Overview
5.2 Market Performance
5.2.1 Historical Volume Trend
5.2.2 Area under Aquaculture
5.3 Market Forecast
6 Market Breakup by Feed Type
6.1 Commercial Pellets
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Home-made Pellets
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Rearing Method
7.1 Ponds
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Floating Cage
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Product Type
8.1 Processed
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Raw
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Value-Added
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Province
9.1 Dong Thap
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 An Giang
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Can Tho
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Ben Tre
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Vinh Long
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Hau Giang
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Tien Giang
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Soc Trang
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Tra Vinh
9.9.1 Market Trends
9.9.2 Market Forecast
9.10 Kien Giang
9.10.1 Market Trends
9.10.2 Market Forecast
9.11 Others
9.11.1 Market Trends
9.11.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Broodstock Suppliers
11.3 Feed Mills
11.4 Hatcheries
11.5 Farmers
11.6 Processors
11.7 Local Traders and Exporters
11.8 Retailers
11.9 End-Users
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
13.1 Key Price Indicators
13.2 Price Structure
13.3 Price Trends
14 Market Drivers and Challenges
15 Pangasius Farming Practices in Vietnam
16 Trade Data
16.1 The European Union
16.2 The United States
16.3 ASEAN
16.4 China and Hong Kong
16.5 Middle East
16.6 Latin America
17 Competitive Landscape
17.1 Market Structure
17.2 Companies Involved at Various Levels of Value Chain
17.2.1 Broodstock Suppliers
17.2.2 Feed Mills
17.2.3 Hatcheries
17.2.4 Farmers
17.2.5 Processing Companies
17.3 Profiles of Key Players
17.3.1 Anvifish Joint-Stock Company
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Financials
17.3.1.4 SWOT Analysis
17.3.2 Aquatex Ben Tre
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Financials
17.3.2.4 SWOT Analysis
17.3.3 Bien Dong Seafood Company Limited
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.4 Can Tho Import Export Seafood JSC
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Financials
17.3.4.4 SWOT Analysis
17.3.5 Cuu Long Seafood Import and Export JSC
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Financials
17.3.5.4 SWOT Analysis
17.3.6 Dai Thanh Seafood
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.7 Fatifish Company Limited
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Financials
17.3.7.4 SWOT Analysis
17.3.8 Go Dang Joint Stock Company (GODACO)
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.9 Hung Ca Company Limited
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.10 IDI Corporation
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Financials
17.3.10.4 SWOT Analysis
17.3.11 NAVICORP
17.3.11.1 Company Overview
17.3.11.1 Product Portfolio
17.3.12 NTSF Seafood Joint Stock Company
17.3.12.1 Company Overview
17.3.12.2 Product Portfolio
17.3.12.3 Financials
17.3.12.4 SWOT Analysis
17.3.13 Vinh Hoan Corporation
17.3.13.1 Company Overview
17.3.13.2 Product Portfolio
17.3.13.3 Financials
17.3.13.4 SWOT Analysis
List of Figures
Figure 1: Vietnam: Pangasius Market: Major Drivers and Challenges
Figure 2: Vietnam: Pangasius Market: Production Volume (in Million Tons), 2014-2019
Figure 3: Vietnam: Pangasius Market: Area Under Production (in ‘000 Hectares), 2014-2019
Figure 4: Vietnam: Pangasius Market Forecast: Production Volume (in Million Tons), 2020-2025
Figure 5: Vietnam: Pangasius Market Forecast: Area Under Production (in in ‘000 Hectares), 2020-2025
Figure 6: Vietnam: Pangasius Market: Breakup by Feed Type (in %), 2019
Figure 7: Vietnam: Pangasius Market (Commercial Pellets): Consumption Volume (in ‘000 Tons), 2014 & 2019
Figure 8: Vietnam: Pangasius Market (Commercial Pellets) Forecast: Consumption Volume (in ‘000 Tons), 2020-2025
Figure 9: Vietnam: Pangasius Market (Home-made Pellets): Consumption Volume (in ‘000 Tons), 2014 & 2019
Figure 10: Vietnam: Pangasius Market (Home-Made Pellets) Forecast: Volume Trend (in ‘000 Tons), 2020-2025
Figure 11: Vietnam: Pangasius Market: Breakup by Rearing Method (in %), 2019
Figure 12: Vietnam: Pangasius Rearing in Ponds: Production Volume (in ‘000 Tons), 2014 & 2019
Figure 13: Vietnam: Pangasius Rearing in Ponds Forecast: Production Volume (in ‘000 Tons), 2020-2025
Figure 14: Vietnam: Pangasius Rearing in Floating Cage: Production Volume (in ‘000 Tons), 2014 & 2019
Figure 15: Vietnam: Pangasius Rearing in Floating Cage Forecast: Production Volume (in ‘000 Tons), 2020-2025
Figure 16: Vietnam: Pangasius Market: Breakup by Product Type (in %), 2019
Figure 17: Vietnam: Pangasius (Processed) Market: Sales Volume (in ‘000 Tons), 2014 & 2019
Figure 18: Vietnam: Pangasius (Processed) Market Forecast: Sales Volume (in ‘000 Tons), 2020-2025
Figure 19: Vietnam: Pangasius (Raw) Market: Sales Volume (in ‘000 Tons), 2014 & 2019
Figure 20: Vietnam: Pangasius (Raw) Market Forecast: Sales Volume (in ‘000 Tons), 2020-2025
Figure 21: Vietnam: Pangasius (Value-Added) Market: Sales Volume (in ‘000 Tons), 2014 & 2019
Figure 22: Vietnam: Pangasius (Value-Added) Market Forecast: Sales Volume (in ‘000 Tons), 2020-2025
Figure 23: Vietnam: Pangasius Market: SWOT Analysis
Figure 24: Vietnam: Pangasius Market: Value Chain Analysis
Figure 25: Vietnam: Pangasius Market: Porter’s Five Forces Analysis
Figure 26: Vietnam: Pangasius Market: Price Structure (US$/Ton)
Figure 27: Vietnam: Pangasius Market: Average Prices (in US$/Ton), 2014-2025
Figure 28: Vietnam: Pangasius Market: Breakup by Key Players (in %), 2019
List of Tables
Table 1: Vietnam: Pangasius Farming: Key Industry Highlights
Table 2: Vietnam: Pangasius Market Forecast: Breakup by Feed Type (in ‘000 Tons), 2020-2025
Table 3: Vietnam: Pangasius Market Forecast: Breakup by Rearing Method (in ‘000 Tons), 2020-2025
Table 4: Vietnam: Pangasius Market Forecast: Breakup by Product Type (in ‘000 Tons), 2020-2025
Table 5: Vietnam: Pangasius Market: Raw Pangasius Fish Production Volume by Province (in Tons)
Table 6: Vietnam: Pangasius Market: Export Market Dynamics, 2014-2019
Table 7: Vietnam: Pangasius Market: Export Data, 2017
Table 8: Vietnam: Pangasius Market: Export Data, 2018
Table 9: Vietnam: Pangasius Market: Market Structure
Table 10: Vietnam: Pangasius Industry: Major Brood stock Suppliers and their Production Capacities
Table 11: Vietnam: Pangasius Industry: Major Feed Mills and their Production Capacities
Table 12: Vietnam: Pangasius Industry: Major Hatcheries and their Production Capacities
Table 13: Vietnam: Pangasius Industry: Major Farmers and their Production Capacities
Table 14: Vietnam: Pangasius Industry: Major Processing Companies and their Production Capacities