Vietnam Aquaculture Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 3.15% (2025-2033)

Market Size in 2024: 5.3 Million Tons

Market Forecast in 2033: 7.1 Million Tons

The market is experiencing steady growth, driven by the country's extensive coastline, favourable climatic conditions, and increasing domestic consumption of fish due to their high nutritional value and affordability compared to other protein sources. According to the latest Vietnam aquaculture market report by IMARC Group, the market size reached 5.3 million tons in 2024 and is projected to grow at a CAGR of 3.15% from 2025 to 2033, reaching 7.1 million tons by 2033.

Vietnam Aquaculture Market Trends and Drivers

The market in Vietnam is majorly driven by the country’s extensive coastline and abundant freshwater resources provide ideal conditions for aquaculture development, fostering large-scale production. Government policies and incentives, including financial support, technological advancements, and export facilitation, have strengthened the sector’s growth. Also, the increasing global demand for seafood, particularly shrimp and pangasius, has positioned Vietnam as a major supplier in international markets. Advancements in aquaculture technology, such as bio floc systems and recirculating aquaculture systems (RAS), have improved production efficiency and sustainability. Further, the rising adoption of sustainable and environmentally friendly farming practices has enhanced product quality and market competitiveness. Investments in feed production and disease control measures have boosted yield stability and minimized risks associated with aquaculture farming. In line with this, the expansion of cold storage and logistics infrastructure has improved supply chain efficiency, facilitating seamless domestic and international distribution. The increasing collaborations between research institutions and aquaculture enterprises have led to innovative solutions for improving breeding techniques, water quality management, and overall productivity, further bolstering market growth.

The scope of the market in Vietnam is expanding as the industry experiences significant technological and structural advancements. Besides this, the adoption of digital monitoring and artificial intelligence (AI)-driven solutions is revolutionizing farm management by optimizing feed usage, tracking fish health, and reducing losses, thus broadening the market appeal. Additionally, the rising inland aquaculture and integrated multi-trophic farming systems have diversified production, reduced environmental impacts while maximizing resource efficiency, thus providing impetus to the market. Furthermore, the growing emphasis on value-added seafood processing, including frozen, canned, and ready-to-eat products, has created a positive outlook for the market. As per market analysis, the expansion of organic and eco-certified aquaculture has also enabled Vietnamese seafood producers to access premium markets, meeting the rising global demand for sustainably sourced seafood. Moreover, government-driven initiatives focusing on infrastructure development, research funding, and market expansion have enhanced the market growth. Some of the other factors, such as the rapid digitization of supply chain operations, including blockchain-based traceability, are enhancing consumer confidence and compliance with international standards, thus creating lucrative opportunities for the market.

Vietnam Aquaculture Market Segmentation

The market report offers a comprehensive analysis of the segments, highlighting those with the largest market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments:

• Product Type:
  • Freshwater Fish
  • Crustaceans
  • Mollusks
  • Others
• Environment:
  • Fresh Water
  • Brackish Water
  • Marine Water
• Distribution Channel:
  • Traditional Retail
  • Specialized Retailers
  • Supermarkets and Hypermarkets
  • Online Retailers
  • Others
• Region
  • Southern Region
  • Northern Region
  • Central Region

For an in-depth analysis, you can refer to a sample copy of the report: https://www.imarcgroup.com/vietnam-aquaculture-market/requestsample

Competitive Landscape

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Key highlights of the report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• 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.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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