Product Code: ETC126217 | 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 Sardine Market is poised for steady growth rate improvements from 2025 to 2029. From 12.01% in 2025, the growth rate steadily ascends to 14.23% in 2029.
In the Asia region, the Sardine market in Vietnam is projected to expand at a high growth rate of 13.35% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam sardine market is an essential segment of the country`s seafood industry, driven by the abundant availability of sardines in Vietnam coastal waters and the growing global demand for canned and processed sardine products. Sardines are a popular and economical source of seafood, rich in nutrients such as omega-3 fatty acids and proteins. As Vietnam continues to be a major exporter of seafood products, the sardine market plays a significant role in the country`s fisheries sector.
Several factors have contributed to the growth of the sardine market in Vietnam. Firstly, the country`s favorable geographic location with extensive coastal areas has enabled the fishing industry to access rich fishing grounds, resulting in a steady supply of sardines. Secondly, the rising global demand for canned sardines and other processed seafood products has led to increased production and export of sardines from Vietnam to international markets. Moreover, the affordability and nutritional value of sardines make them a popular choice among Vietnamese consumers and contribute to the domestic consumption of sardine products.
Despite its growth, the Vietnam sardine market faces certain challenges. One of the primary challenges is the competition from other seafood products in the global market, such as tuna and mackerel, which are also widely consumed and exported from Vietnam. Additionally, ensuring sustainable fishing practices and responsible fishery management is essential to avoid overfishing and maintain the long-term viability of the sardine industry.
The Covid-19 pandemic had mixed implications for the Vietnam sardine market. On the one hand, disruptions in international trade and logistics may have impacted the export of sardine products to some extent. On the other hand, with increased health consciousness during the pandemic, there may have been a surge in domestic consumption of canned and processed sardines as a convenient and shelf-stable food option. The pandemic also emphasized the importance of digital marketing and e-commerce for seafood exporters to reach international buyers during periods of restricted movement and travel restrictions.
Vietnam Sardine |
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 Sardine Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Sardine Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Sardine Market - Industry Life Cycle |
3.4 Vietnam Sardine Market - Porter's Five Forces |
3.5 Vietnam Sardine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Sardine Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Vietnam Sardine Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Vietnam Sardine Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Vietnam Sardine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Sardine Market Trends |
6 Vietnam Sardine Market, By Types |
6.1 Vietnam Sardine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Sardine Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Sardine Market Revenues & Volume, By Fresh Sardine, 2021-2031F |
6.1.4 Vietnam Sardine Market Revenues & Volume, By Frozen Sardine, 2021-2031F |
6.1.5 Vietnam Sardine Market Revenues & Volume, By Canned Sardine, 2021-2031F |
6.1.6 Vietnam Sardine Market Revenues & Volume, By Sardine Meals, 2021-2031F |
6.2 Vietnam Sardine Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Sardine Market Revenues & Volume, By Sardinops Caeruleus, 2021-2031F |
6.2.3 Vietnam Sardine Market Revenues & Volume, By Sardinella Longiceps, 2021-2031F |
6.2.4 Vietnam Sardine Market Revenues & Volume, By Sardinella Gibbosa, 2021-2031F |
6.2.5 Vietnam Sardine Market Revenues & Volume, By Sardinella Aurita, 2021-2031F |
6.2.6 Vietnam Sardine Market Revenues & Volume, By Sardina Pilchardus, 2021-2031F |
6.2.7 Vietnam Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.3 Vietnam Sardine Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Sardine Market Revenues & Volume, By Food Processing, 2021-2031F |
6.3.3 Vietnam Sardine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.4 Vietnam Sardine Market Revenues & Volume, By Dietary Supplements, 2021-2031F |
6.3.5 Vietnam Sardine Market Revenues & Volume, By Others, 2021-2031F |
6.4 Vietnam Sardine Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Sardine Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Vietnam Sardine Market Revenues & Volume, By Indirect Sales, 2021-2031F |
7 Vietnam Sardine Market Import-Export Trade Statistics |
7.1 Vietnam Sardine Market Export to Major Countries |
7.2 Vietnam Sardine Market Imports from Major Countries |
8 Vietnam Sardine Market Key Performance Indicators |
9 Vietnam Sardine Market - Opportunity Assessment |
9.1 Vietnam Sardine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Sardine Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Vietnam Sardine Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Vietnam Sardine Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Vietnam Sardine Market - Competitive Landscape |
10.1 Vietnam Sardine Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Sardine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |