The Market Growth Can be Attributed to the Growing Consumption of Seafood by Foreign and Domestic Population and Increasing Awareness Among Consumers Regarding the Health Benefits of Seafood.
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Vietnam seafood market is segmented by product, process, distribution channel, end-user, regional distribution and company. Based on product, the market is further fragmented into fishes, shrimp, oysters, snails, and others. The fishes segment is expected to dominate the Vietnam seafood market due to its increased adoption. Fishes have high nutritional value compared to other seafood varieties and are widely accessible and affordable, contributing to their dominance in the Vietnam seafood market during the forecast period.
Ca Mau Seafood Processing & Service Joint Stock Corporation, Hung Vuong Corporation, Minh Phu Seafood Corporation, Vinh Hoan Corporation, Quoc Viet Seafood Co. Ltd., Dong Nam Seafood Corp, Phuong Dong Seafood, Ngoc Sinh Seafood, SOC Trang Seafood Joint Stock Company, Thuan Hung Fisheries Company Ltd, etc. are the leading players in the Vietnam seafood market.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of Vietnam seafood market from 2017 to 2021.
- To estimate and forecast the market size of Vietnam seafood market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast Vietnam seafood market based on product, process, distribution channel, end user, and regional distribution.
- To identify dominant region or segment in the Vietnam seafood market.
- To identify drivers and challenges for Vietnam seafood market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam seafood market.
- To identify and analyze the profile of leading players operating in Vietnam seafood market.
- To identify key sustainable strategies adopted by market players in Vietnam seafood market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of companies, suppliers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies which could not be identified due to the limitations of secondary research. The publisher analyzed the companies, distribution channels and presence of all major players across the country.
The publisher calculated the market size of Vietnam seafood market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Seafood companies, and other stakeholders
- Distributers and suppliers of seafoods and other stakeholders
- Organizations, forums, and alliances related to seafood
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Vietnam seafood market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Vietnam Seafood Market, By Product:
- Fishes
- Shrimps
- Oysters
- Snails
- Others
Vietnam Seafood Market, By Process:
- Fresh
- Frozen
Vietnam Seafood Market, By Distribution Channel:
- Supermarket/Hypermarket
- Traditional Retails
- Specialized Retails
- Online Retails
- Others
Vietnam Seafood Market, By End User:
- Household
- PBCL {Pubs, Bar, Cafes, and Lounges}
- QSR {Quick Service Restaurants}
- Others
Vietnam Seafood Market, By Region:
- Northern
- Central
- Southern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Vietnam seafood market.
Available Customizations:
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ca Mau Seafood Processing & Service Joint Stock Corporation
- Hung Vuong Corporation
- Minh Phu Seafood Corporation
- Vinh Hoan Corporation
- Quoc Viet Seafood Co. Ltd.
- Dong Nam Seafood Corp
- Phuong Dong Seafood
- Ngoc Sinh Seafood
- SOC Trang Seafood Joint Stock Company
- Thuan Hung Fisheries Company Ltd