Vietnam Pangasius (Basa) Market Price, Industry Demand, Analysis Key Players, and Report 2022-2027

According to the latest report by IMARC Group, titled "Vietnam Pangasius (Basa) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the Vietnam Pangasius market reached 1.2 Million Tons in 2021. Looking forward, IMARC Group expects the market to reach 1.3 Million Tons by 2027, exhibiting a growth rate (CAGR) of 1.12% during 2022-2027. Pangasius is a genus of medium-sized riverine shark catfish from the family Pangasidae, native to fresh water in South and Southeast Asia. Pangasius fish is characterized by a long body, laterally flattened with no scales, and a relatively small head. It exhibits fast growth when cultured in a good environment, has a neutral taste, and easily fits into every cuisine. With moderate fat content and omega-3 fatty acids, pangasius fish is considered to be a rich source of protein. Regular consumption of the fish ensures better eyesight, enhanced cardiovascular health, and fortified bone health.

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Vietnam Pangasius (Basa) Market Trends:

The market in Vietnam is primarily driven by the increasing aquaculture activities due to the abundance of fresh water in the country. In line with this, considerable growth in the seafood industry, particularly in the fishing sector, is providing an impetus to the market growth. Increasing investments in fishing ports and processing facilities to improve vertical integration, along with modernizing the existing logistics network, are also driving the market forward. Other factors contributing to the market include the escalating demand from various countries for export of pangasius, favorable government initiatives and the introduction of sustainable farming practices.

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Vietnam Pangasius (Basa) Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

• 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
• Vinh Hoan Corporation

Breakup by Province:

• Dong Thap
• An Giang
• Can Tho
• Ben Tre
• Vinh Long
• Hau Giang
• Tien Giang
• Soc Trang
• Tra Vinh
• Kien Giang
• Others

Breakup by Culture Type:

• Fresh Water
• Brackish Water

Breakup by Feed Type:

• Commercial
• Home-Made

Breakup by Rearing Methods:

• Pond
• Floating Cage

Breakup by Product Type:

• Processed
• Raw
• Value-Added

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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