Vietnam Shrimp Feed Market Size, Share, Growth and Forecast 2020-2025

Press Release:

Vietnam Shrimp Feed Market to Witness Strong Growth During 2020-2025, Facilitated by Increasing Shrimp Production

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Vietnam Shrimp Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Vietnam shrimp feed market reached a volume of 560,458 Tons in 2019. Shrimp feed refers to the adequate food formulation required for producing healthy shrimps. It is formulated to meet the nutritional requirements of farmed shrimps and includes vitamins, minerals, amino acids, fatty acids, etc. Apart from the fulfillment of the nutritional requirements, shrimp feed also plays an important role in improving the immunity of shrimps against diseases. There are various types of shrimp feed available in the market which include starter grade, grower grade and finisher grade. A key factor driving the demand of shrimp feed in Vietnam is the rising demand of shrimps in the country. Vietnam represents one of the world’s largest producers and exporters of shrimps across the globe. Shrimp, currently represents the most important export product in the country and accounted for around 50% of the total seafood exports. Other factors driving the demand of shrimp feed in Vietnam include growth of the shrimp aquaculture industry, rising demand for value added feeds, advancement in feed manufacturing technologies, etc.

IMARC Group’s latest report provides a deep insight into the Vietnam shrimp feed 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 shrimp feed market in any manner.

Report Coverage:

Historical, Current and Future Market Trends
Market Breakup by Type
- Grower
- Finisher
- Starter
Market Breakup by Ingredients
- Soybean Meal
- Fish Meal
- Wheat Flour
- Fish Oil
- Others
Market Breakup by Additives
- Vitamin and Protein
- Fatty Acid
- Antioxidant
- Feed Enzyme
- Antibiotics
- Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
- Competitive Structure
- Key Player Profiles

Report Coverage:

Base Year Considered: 2019
Historical Data Coverage: 2014-2019
Market Forecast: 2020-2025
Currency: US$
Geography Covered: Vietnam
Segments Covered: Type, Ingredients and Additives

Report Customization: Although IMARC has tried to cover everything in the shrimp feed market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20 man-hours of free customization for each report.

Key Questions Answered in This Report:

How has the Vietnam shrimp feed market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Vietnam shrimp feed market?
What is the breakup of the market based on the type?
What is the breakup of the market based on the ingredients?
What is the breakup of the market based on the additives?
What are the various stages in the value chain of the Vietnam shrimp feed industry?
What are the key driving factors and challenges in the Vietnam shrimp feed industry?
What is the structure of the Vietnam shrimp feed industry and who are the key players?
What is the degree of competition in the Vietnam shrimp feed industry?
What are the profit margins in the Vietnam shrimp feed industry?