Vietnam Aquafeed Market Report by Ingredient (Grains and Cereals, Soybean, Fish Meal, Additives, Fish Oil, and Others), Additives (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers, and Others), Product Forms (Pellets, Extruded, Powdered, Liquid), End U

Vietnam Aquafeed Market Report by Ingredient (Grains and Cereals, Soybean, Fish Meal, Additives, Fish Oil, and Others), Additives (Amino Acids, Antibiotics, Vitamins, Feed Acidifiers, and Others), Product Forms (Pellets, Extruded, Powdered, Liquid), End User (Catfish, Shrimp, Mollusks, Tilapia, Carps, Salmon, and Others), Distribution Channel (Direct to Farmers, Local Wholesalers, Exports, and Others), and Region 2024-2032


The Vietnam aquafeed market size reached US$ 345.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 755.2 Million by 2032, exhibiting a growth rate (CAGR) of 8.8% during 2024-2032.

A major factor driving the demand of aquafeed in the country is its large aquaculture market. Vietnam is currently ranked as the fourth-largest producer of seafood from aquaculture, after China, Indonesia, and India. Moreover, changes in the diet preferences of consumers coupled with rising incomes have increased the consumption of seafood within the country creating a positive impact on the aquafeed market. Some of the major seafood products in Vietnam include shrimps, pangasius, tuna and marine fish. Some of the other factors driving the market include rising exports, strong government support, advancements in feed manufacturing technology, rising awareness on the adoption of modern feeding practices, etc. Catalyzed, by the rising demand, existing players in the country have expanded their production capacities and several new players have also recently entered the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Vietnam aquafeed market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on ingredient, additives, product forms, end user and distribution channel.

Breakup by Ingredient:

Grains and Cereals
Soybean
Fish Meal
Additives
Fish Oil
Others

Breakup by Additives:

Amino Acids
Antibiotics
Vitamins
Feed Acidifiers
Others

Breakup by Product Forms:

Pellets
Extruded
Powdered
Liquid

Breakup by End User:

Catfish
Shrimp
Mollusks
Tilapia
Carps
Salmon
Others

Breakup by Distribution Channel:

Direct to Farmers
Local Wholesalers
Exports
Others

Breakup by Region:

Southern Vietnam
Northern Vietnam
Central Vietnam

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Cargill Inc., Charoen Pokphand Foods PCL, De Heus Animal Nutrition, GreenFeed Vietnam Corp., Uni President Vietnam, etc.

Key Questions Answered in This Report

1. What was the size of the Vietnam aquafeed market in 2023?
2. What is the expected growth rate of the Vietnam aquafeed market during 2024-2032?
3. What are the key factors driving the Vietnam aquafeed market?
4. What has been the impact of COVID-19 on the Vietnam aquafeed market?
5. What is the breakup of the Vietnam aquafeed market based on the ingredient?
6. What is the breakup of the Vietnam aquafeed market based on the additives?
7. What is the breakup of the Vietnam aquafeed market based on the product forms?
8. What is the breakup of the Vietnam aquafeed market based on the end user?
9. What is the breakup of the Vietnam aquafeed market based on the distribution channel?
10. What are the key regions in the Vietnam aquafeed market?
11. Who are the key players/companies in the Vietnam aquafeed market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Vietnam Aquafeed Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Ingredient
5.5 Market Breakup by Additives
5.6 Market Breakup by Product Forms
5.7 Market Breakup by End User
5.8 Market Breakup by Distribution Channel
5.9 Market Breakup by Region
5.10 Market Forecast
5.11 SWOT Analysis
5.11.1 Overview
5.11.2 Strengths
5.11.3 Weaknesses
5.11.4 Opportunities
5.11.5 Threats
5.12 Value Chain Analysis
5.12.1 Overview
5.12.2 Input Suppliers
5.12.3 Feed Manufacturers
5.12.4 Marketing
5.12.5 Distribution
5.12.6 Exports
5.12.7 End-Use
5.13 Porters Five Forces Analysis
5.13.1 Overview
5.13.2 Bargaining Power of Buyers
5.13.3 Bargaining Power of Suppliers
5.13.4 Degree of Competition
5.13.5 Threat of New Entrants
5.13.6 Threat of Substitutes
5.14 Price Analysis
5.14.1 Price Indicators
5.14.2 Price Structure
5.14.3 Margin Analysis
6 Market Breakup by Ingredient
6.1 Grains and Cereals
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Soybean
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Fish Meal
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Additives
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Fish Oil
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Additives
7.1 Amino Acids
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Antibiotics
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Vitamins
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Feed Acidifiers
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Product Form
8.1 Pellets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Extruded
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Powdered
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Liquid
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1 Catfish
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Shrimp
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Mollusks
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Tilapia
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Carps
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Salmon
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Distribution Channel
10.1 Direct to Farmers
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Local Wholesalers
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Exports
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Region
11.1 Southern Vietnam
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Northern Vietnam
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Central Vietnam
11.3.1 Market Trends
11.3.2 Market Forecast
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Cargill Inc.
12.3.2 Charoen Pokphand Foods PCL
12.3.3 De Heus Animal Nutrition
12.3.4 GreenFeed Vietnam Corp.
12.3.5 Uni President Vietnam

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