Vietnam Pangasius (Basa) Market Report by Culture Type (Fresh Water, Brackish Water), Feed Type (Commercial Pellets, Home-Made Pellets), Rearing Method (Ponds, Floating Cage), Product Type (Processed, Raw, Value-Added), and Province 2024-2032

Vietnam Pangasius (Basa) Market Report by Culture Type (Fresh Water, Brackish Water), Feed Type (Commercial Pellets, Home-Made Pellets), Rearing Method (Ponds, Floating Cage), Product Type (Processed, Raw, Value-Added), and Province 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1781
Buy Now

Market Overview:

The Vietnam Pangasius market size reached 1.20 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 1.30 Million Tons by 2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 1.20 Million Tons
Market Forecast in 2032 1.30 Million Tons


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.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

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.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Vietnam pangasius market report, along with forecasts at the country and province level from 2024-2032. Our report has categorized the market based on culture type, feed type, rearing method and product type.

Breakup by Culture Type:

  • Fresh Water
  • Brackish Water
     

Breakup by Feed Type:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Commercial Pellets 
  • Home-Made Pellets
     

Breakup by Rearing Method:

  • Ponds
  • Floating Cage
     

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 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Million Tons
Segment Coverage Culture TypeFeed Type, Rearing Method, Product Type, Province
Province Covered  Dong Thap, An Giang, Can Tho, Ben Tre, Vinh Long, Hau Giang, Tien Giang, Soc Trang, Tra Vinh, Kien Giang, Others
Companies Covered 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
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 Pangasius (Basa) market reached a volume of 1.20 Million Tons in 2023. 

The launch of favorable sustainable farming policies by government bodies that aid in cultivating high-quality fish and minimizing the environmental impact is primarily driving the Vietnam Pangasius (Basa) market.

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

Based on the culture type, the Vietnam Pangasius (Basa) market has been divided into fresh water and brackish water, where fresh water currently exhibits a clear dominance in the market.

Based on the feed type, the Vietnam Pangasius (Basa) market can be categorized into commercial pellets and home-made pellets. Currently, commercial pellets account for the majority of the total market share.

Based on the rearing method, the Vietnam Pangasius (Basa) market has been segregated into ponds and floating cage, where ponds currently hold the largest market share.

Based on the product type, the Vietnam Pangasius (Basa) market can be bifurcated into processed, raw, and value-added. Currently, processed exhibits a clear dominance in the market.

On a regional level, the market has been classified into Dong Thap, An Giang, Can Tho, Ben Tre, Vinh Long, Hau Giang, Tien Giang, Soc Trang, Tra Vinh, Kien Giang, and others, where Dong Thap currently dominates the Vietnam Pangasius (Basa) market.

Some of the major players in the Vietnam Pangasius (Basa) market include 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.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Vietnam Pangasius (Basa) Market Report by Culture Type (Fresh Water, Brackish Water), Feed Type (Commercial Pellets, Home-Made Pellets), Rearing Method (Ponds, Floating Cage), Product Type (Processed, Raw, Value-Added), and Province 2024-2032
Purchase options




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
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

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
KRISHAK BHARTI CO-OP LTD

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
Stax

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