Aquaculture Market in Vietnam to grow at a CAGR of 5.73% during Forecast 2016-2020

Albany, NY, March 20, 2017: Vietnam is one of the most suitable places for seafood and fish farming because of its long and rich coast line. Infrastructure development, growing consumption of fish, high disposable income of consumers, and export of farmed fish and seafood are some of the key drivers, which enable Vietnam to contribute a significant revenue to the aquaculture industry in APAC. The need for aquaculture in Vietnam stems from the high demand from wholesalers, retailers, restaurants, and individual consumers.

The aquaculture market in Vietnam to grow at a CAGR of 5.73% during the period 2016-2020. The report covers the present scenario and the growth prospects of the aquaculture market in Vietnam for 2016-2020. To calculate the market size, the report considers the revenue generated from the the retail sales of the following types of products in the aquaculture market in Vietnam:
- Freshwater fish
- Mollusks
- Crustaceans
- Others (Marine fish, sea cucumbers, and trout)

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Technavio's report, Aquaculture Market in Vietnam 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Camau Seafood Processing and Service Joint
- Dongnam Seafood
- PhuongDong Seafood
- Food Joint Stock Company Ca Mau Seafood Exports
- Hung Vuong Mekong
- Minh Phu
- Ngoc Sinh Seafood
- Oriental Seafood
- Quoc Viet
- Saigib Seafood
- SOC TRANG Seafood Joint Stock Company
- Thuan Hung Fisheries Company
- Trong Nhan Seafood
- Vinh Hoan
- Cermaq
- Nireus Aquaculture
- Thai Union Frozen Products

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.