Vietnam Pangasius Market PDF: Upcoming Trends, Demand, Regional Analysis and Forecast to 2020-2025

Vietnam Pangasius
Market Research
Report and Forecast
2025
© 2020 IMARC All Rights Reserved
Report Edition: 2020
Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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Vietnam Pangasius Market Overview:
As per the latest report by IMARC Group, titled “Vietnam Pangasius Market: Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2020-2025,” the Vietnam pangasius market size reached 1.22
Million Tons in 2019. Pangasius is a type of freshwater catfish that is primarily found in Vietnam. It has
a dark grey colored back, silver belly and long twin beard with more red blood cells than other types of
fish.
Pangasius is available in many forms in the market, such as skinless and boneless fillets or portions in
different sizes and shapes cut from the fillets. At present, Vietnam is one of the dominant exporters
and cultivators of pangasius across the globe. Over the years, the pangasius sector in the country has
undergone vitals changes, with the production shifting from small farm owners to big enterprises.
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Vietnam Pangasius Market Trends:
One of the significant growth factors for the market is the abundance of fresh water sources in
Vietnam, which has facilitated the pangasius aquaculture across the country. Additionally, pangasius
species have a low to moderate fat content with high levels of protein. This, along with their relatively
lower cost, delicate texture and mild flavor, has increased the demand for pangasius across various
countries, consequently providing a positive impact on the export market in Vietnam.
Apart from this, the Vietnam Pangasius Association (VPA) has emphasized the need to focus on
broodstock quality, general fish health and technological improvement in order to ensure sustainable
growth. As a result, they are advancing and mandating the use of Best Aquaculture Practices (BAP) to
minimize the impact on local environments and communities. This has led to the growth of high-quality
pangasius cultivation, as well as expansion in production capacities. Moreover, Vietnamese farming
companies are also investing in hatcheries and processing facilities to improve vertical integration.
Looking forward, the market is projected to witness stable growth during the forecast period (2020-
2025).

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Report Description
Vietnam Pangasius Market Segmentation:
s
Market Breakup by Feed Type:
• Commercial Pellets
• Home-made Pellets
Based on the feed type, the market has been bifurcated into commercial and home-made pellets.
Market Breakup by Rearing Method:
• Ponds Cages
• Floating Cages
On the basis of the rearing method, the market has been segregated into ponds and floating cages.
Market Breakup by Product Type:
• Raw Pangasius
• Processed Pangasius
• Value-added Pangasius
The market has been classified based on the product type into raw, processed and value-added
pangasius.

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Market Breakup by Product Region :
• Dong Thap
• An Giang
• Can Tho
• Ben Tre
• Vinh Long
• Hau Giang
• Tien Giang
• Soc Trang
• Tra Vinh
• Kien Giang
• others
Region-wise, the market has been divided into Dong Thap, An Giang, Can Tho, Ben Tre, Vinh Long, Hau
Giang, Tien Giang, Soc Trang, Tra Vinh, Kien Giang and others.
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Report Description and Highlights
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Market Breakup by Competitive Landscape:
• 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
The competitive landscape of the market has also been examined, with some of the key players being
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 and Vinh Hoan Corporation.

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