Press release
Vietnam Aquaculture Market Expected to Reach a Production Volume of 5 Million Tons by 2023
The Vietnam aquaculture market has witnessed positive growth over the past few years. This can be accredited to the abundance of natural aquatic resources along with rising demand for seafood in the region.According to the latest report by IMARC Group, titled “Vietnam Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the Vietnam aquaculture market reached a production volume of 3.8 Million Tons in 2017. Aquaculture, also known as aquafarming, refers to the breeding, raising, and harvesting of fish, shellfish, and aquatic plants and other organisms. Vietnam is the third largest producer of aquaculture products due to its abundant natural aquatic resources, tropical climate, and the diversity of river and canal systems. Aquaculture is a vital source of nutritious, safe and sustainable seafood for the Vietnamese people. The aquaculture sector in the country is currently dominated by catfish and shrimp, with the black tiger shrimp being one of the most popular species among the aquaculturists. In recent years, the Pacific white leg shrimp (Litopenaeus vannamei) has also been introduced in Southern Vietnam which has provided a positive thrust to the aquaculture market.
Browse full report with complete TOC: https://www.imarcgroup.com/vietnam-aquaculture-market
Market Trends:
Aquaculture has gained momentum in Vietnam as fish sauce, fish and other aquatic animals, such as squid and eel, are central to the Vietnamese cuisine. The country has also adopted the production of exportable species at an increasing level to diversify its farming activities. Along with this, the Ministry of Fisheries is conducting research and development activities to improve the sustainability of the aquaculture industry in Vietnam. Moreover, the Vietnamese Government is supporting the aquaculture sector by implementing efficient policies, improving legal frameworks, building fishing ports, integrating and modernizing fishing logistics and developing offshore fishing facilities. As a result of these factors, the market is further expected to reach a production volume of 5 Million Tons by 2023, exhibiting a CAGR of around 4% during 2018-2023.
Want to find out more about this report?
Click here for a free sample: https://www.imarcgroup.com/request?type=report&id=1119&flag=B
Vietnam Aquaculture Market Segmentation
Market Breakup by Product Type
1. Freshwater Fish
2. Crustaceans
3. Mollusks
4. Others
Based on product types, freshwater fish represents the most popular product type, accounting for the majority of the market share. Freshwater fish is followed by crustaceans, mollusks and others.
Market Breakup by Environment
1. Fresh Water
2. Brackish Water
3. Marine Water
On the basis of environments, the market has been divided into fresh water, brackish water and marine water. Currently, fresh water dominates the market, holding the largest share.
Market Breakup by Distribution Channel
1. Traditional Retail
2. Specialised Retailers
3. Supermarkets and Hypermarkets
4. Online Retailers
5. Others
Based on distribution channels, the report finds that specialized retailers form the largest distribution channel for aquaculture products in Vietnam. Other major channels include traditional retail, supermarkets and hypermarkets, and online retail.
Market Break up by Region
1. Southern Region
2. Northern Region
3. Central Region
Region-wise, the Southern region exhibits a clear dominance in the Vietnam aquaculture market. The Southern region is followed by the Northern and Central regions.
Competitive Landscape
The competitive landscape of the market has also been examined with some of the key players being 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.
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
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vietnam Aquaculture Market Expected to Reach a Production Volume of 5 Million Tons by 2023 here
News-ID: 1471690 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Viet
Mr Viet Leads the Charge in Vietnam's Emerging Global Coffee Movement
The world has long been familiar with the delicate spices of Thai curry and the refined techniques of Japanese sushi. But lately, the vibrant, soul-warming flavors of Vietnamese cuisine have taken center stage on the global culinary stage. From bustling Banh Mi kiosks in Berlin to steaming bowls of Pho in Toronto, Vietnam's food is captivating international taste buds. One of its most underrated yet powerful exports-coffee-is now catching up.
Vietnam…
PLB Viet Nam - Genuine bearing distributor in Vietnam
Image: https://www.abnewswire.com/uploads/493addece835ac5460b19b59a86f104e.jpg
PLB Vietnam distributes bearings, chains, and bearing housings from many famous brands around the world. These include JTEKT (Koyo), Asahi, PBC, Timken, JNS, and MSB. The products are directly imported from Japan, the US, China, etc., to serve the needs of customers throughout Vietnam.
Each product of PLB Vietnam is a useful solution with high precision. Each bearing and chain is imported genuine and goes through a meticulously researched finishing…
Vietnamese Coffee Brand Mr. Viet Expands onto the International Stage!
Ho Chi Minh City, Vietnam - Mr. Viet, a brand capturing the true spirit and tradition of Vietnamese coffee, is now making waves on the international scene. From rich traditional brews to unique flavors like coconut and mango, Mr. Viet aims to offer the world a fresh perspective on coffee and Vietnamese culture.
With a commitment to preserving Vietnam's coffee heritage, Mr. Viet partners closely with local farmers, supporting sustainable practices…
Viet Embassy revolutionizes consular processes for Vietnamese people in America
Today, any Vietnamese person who wants to renew their Vietnamese passport can do so online easily by going to www.vietembassy.com and applying within minutes. Viet Embassy is the only place that lets you sign up for passports, visas, birth certificates, and other lawful papers conveniently. This is the result of years of development from legal experts and technologists. The passport renewal process used to take months but Viet Embassy's online…
Viet Noi Language Centre Offers Free Trials to Learn Vietnamese
Singapore - For those looking to learn Vietnamese, either for business or pleasure, then the Viet Noi Language School Singapore has an excellent track record of helping students faster than other conventional centres.
The key to their success is teaching Vietnamese in small groups, with a maximum of eight students per class. This focused approach helps students pick up the language quicker and speak in everyday situations as soon as…
Advanced Research report of Custard Apple Market by 2019 to 2025 | leading Compa …
The fruits vary in shape, heart-shaped, spherical, oblong or irregular. When ripe, the fruit is brown or yellowish, with red highlights and a varying degree of reticulation, depending again on the variety. The flesh varies from juicy and very aromatic to hard with a repulsive taste. The flavor is sweet and pleasant, akin to the taste of 'traditional' custard. CMFE Insights has recently published an innovative report to its database…