Product Code: ETC125919 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Fish Feed Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 11.23% in 2025, the market peaks at 13.00% in 2028, and settles at 11.79% by 2029.
The Fish Feed market in Vietnam is projected to grow at a high growth rate of 12.96% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam fish feed market has witnessed significant growth in recent years, driven by the country`s thriving aquaculture industry and increasing demand for high-quality fish feed. Fish feed is a crucial component in aquaculture, providing essential nutrients and promoting the growth and development of farmed fish. With Vietnam being one of the world`s leading exporters of seafood, the demand for fish feed has been on the rise to support the country`s aquaculture production.
Several factors have contributed to the growth of the fish feed market in Vietnam. Firstly, the country`s abundant natural resources and favorable climate for aquaculture have made it an ideal location for fish farming, driving the need for quality fish feed. Secondly, the rising global demand for seafood has led to increased investments in the aquaculture sector, further boosting the demand for fish feed to meet production targets. Moreover, the government`s support and initiatives to promote sustainable aquaculture practices have encouraged farmers to use high-quality fish feed to ensure healthy fish growth and maximize yields.
Despite its growth, the Vietnam fish feed market faces certain challenges. One of the primary challenges is the availability and cost of raw materials used in fish feed production, such as fishmeal and soybean meal. Fluctuations in the prices of these ingredients can impact the production costs and overall pricing of fish feed.
The outbreak of the Covid-19 pandemic had implications for the Vietnam fish feed market. The pandemic led to disruptions in supply chains, production processes, and international trade, affecting the availability and pricing of fish feed ingredients. Moreover, changes in consumer spending and preferences during the pandemic may have influenced the demand for seafood and, consequently, the demand for fish feed. The pandemic also highlighted the importance of digital marketing and e-commerce for fish feed manufacturers and retailers to reach consumers during periods of restricted movement and social distancing.
Vietnam Fish Feed |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Fish Feed Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Fish Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Fish Feed Market - Industry Life Cycle |
3.4 Vietnam Fish Feed Market - Porter's Five Forces |
3.5 Vietnam Fish Feed Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Fish Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Vietnam Fish Feed Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Vietnam Fish Feed Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Fish Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Fish Feed Market Trends |
6 Vietnam Fish Feed Market, By Types |
6.1 Vietnam Fish Feed Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Fish Feed Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Fish Feed Market Revenues & Volume, By Plant Based, 2021-2031F |
6.1.4 Vietnam Fish Feed Market Revenues & Volume, By Fish & Fish Products, 2021-2031F |
6.1.5 Vietnam Fish Feed Market Revenues & Volume, By Microorganism, 2021-2031F |
6.2 Vietnam Fish Feed Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Fish Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.2.3 Vietnam Fish Feed Market Revenues & Volume, By Granules, 2021-2031F |
6.2.4 Vietnam Fish Feed Market Revenues & Volume, By Flakes, 2021-2031F |
6.2.5 Vietnam Fish Feed Market Revenues & Volume, By Sticks, 2021-2031F |
6.2.6 Vietnam Fish Feed Market Revenues & Volume, By Powder, 2021-2031F |
6.3 Vietnam Fish Feed Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Fish Feed Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Vietnam Fish Feed Market Revenues & Volume, By Household, 2021-2031F |
6.4 Vietnam Fish Feed Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Fish Feed Market Revenues & Volume, By B2B, 2021-2031F |
6.4.3 Vietnam Fish Feed Market Revenues & Volume, By B2C, 2021-2031F |
7 Vietnam Fish Feed Market Import-Export Trade Statistics |
7.1 Vietnam Fish Feed Market Export to Major Countries |
7.2 Vietnam Fish Feed Market Imports from Major Countries |
8 Vietnam Fish Feed Market Key Performance Indicators |
9 Vietnam Fish Feed Market - Opportunity Assessment |
9.1 Vietnam Fish Feed Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Fish Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Vietnam Fish Feed Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Vietnam Fish Feed Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Fish Feed Market - Competitive Landscape |
10.1 Vietnam Fish Feed Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Fish Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |