According to the latest report by IMARC Group, title "Vietnam Aquaculture Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026; the Vietnam aquaculture market exhibited moderate growth during 2015-2020. Aquaculture is the cultivation or rearing of aquatic plants and animals for food. It involves the breeding and harvesting of numerous aquatic creatures, such as fish, algae, shrimp, shellfish, etc., in water-based environments. Some common types of aquacultures are fish farming, oyster farming, shrimp farming, mariculture, algaculture, etc. Aquaculture systems are diversified according to geographical and climatic conditions. Vietnam is among the most suitable countries for the seafood industry, on account of its long coastline and vast Economic Exclusion Zone (EEZ). Currently, it is the fourth-largest seafood producer from aquaculture, behind China, Indonesia, and India.
Request for a PDF sample of this report: https://www.imarcgroup.com/vietnam-aquaculture-market/requestsample
The increasing consumption of fish, owing to its several benefits, including high nutritional value, ease of digestion, cost-effectiveness, etc., when compared to other protein sources such as beef or pork, is primarily driving Vietnam aquaculture market. In line with this, the shifting consumer preferences towards fish in diets, since it is widely available and easy to cook, are further catalyzing the market growth. Moreover, the inflating export demand for aquaculture products is augmenting the regional market. Besides this, the elevating popularity of shrimp, which presently accounts for around half of the total exports, is also stimulating the market growth. Furthermore, the escalating prevalence of sustainable cultivation systems, which are aimed at not disrupting the ecosystem, protecting biodiversity, reducing pollution, etc., is anticipated to fuel the Vietnam aquaculture market over the forecasted period. Driven by a strong domestic consumption and increasing exports, the Vietnam aquaculture market is expected to reach a volume of around 6 Million Tons by 2026, exhibiting moderate growth during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
Ca Mau Seafood Processing & Service Joint Stock CorporationHung Vuong CorporationMinh Phu seafood corporationVinh Hoan corporationQuoc Viet seafoodDong Nam SeafoodPhuong Dong SeafoodNgoc Sinh seafoodSOC Trang Seafood Joint Stock CompanyThuan Hung Fisheries Company LtdMarket Breakup by Product Type
Freshwater fishCrustaceansmollusksothersMarket Breakup by Environment
Fresh waterBrackish waterMarine waterMarket Breakup by Distribution Channel
Traditional retailSpecialized retailersSupermarkets and hypermarketsOnline retailersOthersMarket Breakup by Region
NorthernCentralSouthern regions.Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/vietnam-aquaculture-market
We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
Market Performance (2015-2020)Market Outlook (2021-2026)Market TrendsMarket Drivers and Success FactorsThe Impact of COVID-19 on the Global MarketValue Chain AnalysisStructure of the Global MarketComprehensive mapping of the competitive landscapeIf you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Natural Killer Cells Therapeutics Market: https://www.imarcgroup.com/natural-killer-cells-therapeutics-market
GCC Oral Hygiene Market: https://www.imarcgroup.com/gcc-oral-hygiene-market
Automotive connectors market Report: https://www.imarcgroup.com/automotive-connectors-market
Awning Market Price Trends: https://www.imarcgroup.com/awning-market
Medical Simulation Market: https://www.imarcgroup.com/medical-simulation-market
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
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: [email protected]
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
0
Sign in to leave a comment.