Vietnam Pangasius (Basa) Market Report, 2025-2033
Description
The Vietnam Pangasius market size reached 1.22 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 1.31 Million Tons by 2033.
Pangasius is a genus of medium-large to very large shark cat fishes native to fresh water in South and Southeast Asia. They have a low to medium fat content with high levels of protein. The Mekong river delta in Vietnam is the prime hub for aquaculture of Pangasius due to its abundance of fresh water. By far, Vietnam is the largest producer and exporter of Pangasius in the world.
It has a long coastline and abundant supply of fresh water through the Mekong river. The Mekong delta has several inter connecting rivers and canals, primarily contributed to the rise of Pangasius aquaculture. Furthermore, technological advancements have reduced the labour cost and processing time, resulting in the decline in the Pangasius processing cost. Apart from this, the Vietnamese government has introduced sustainable farming practices to grow high-quality fish and also to minimize the environmental impact due to Pangasius aquaculture. The government has also implied various standards such as ASC, GLOBALG.A.P., VietGAP, BAP etc. to gain consumer confidence in the export market. Introduction of sustainable farming practices and certifications to hatcheries, farms and processing companies have also strongly contributed to the growth of the Pangasius industry in Vietnam. In addition to this, expansion of production capacities, sustainable trade initiatives and increased demand from China, United States and Europe are some of the other factors that are driving the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Vietnam pangasius market report, along with forecasts at the country and province level from 2025-2033. Our report has categorized the market based on culture type, feed type, rearing method and product type.
Breakup by Culture Type:
The report has also analysed the competitive landscape of the market with some of the key players being Anvifish Joint-Stock Company, Aquatex Ben Tre, Bien Dong Seafood Company Limited, Can Tho Import Export Seafood JSC, Cuu Long Seafood Import and Export JSC, Dai Thanh Seafood, Fatifish Company Limited, Go Dang Joint Stock Company (GODACO), Hung Ca Company Limited, IDI Corporation, NAVICORP, NTSF Seafood Joint Stock Company and Vinh Hoan Corporation.
Key Questions Answered in This Report
1.What was the size of the Vietnam Pangasius (Basa) market in 2024?
2.What are the key factors driving the Vietnam Pangasius (Basa) market?
3.What has been the impact of COVID-19 on the Vietnam Pangasius (Basa) market?
4.What is the breakup of the Vietnam Pangasius (Basa) market based on the culture type?
5.What is the breakup of the Vietnam Pangasius (Basa) market based on the feed type?
6.What is the breakup of the Vietnam Pangasius (Basa) market based on the rearing method?
7.What is the breakup of the Vietnam Pangasius (Basa) market based on the product type?
8.What are the key regions in the Vietnam Pangasius (Basa) market?
9.Who are the key players/companies in the Vietnam Pangasius (Basa) market?
Pangasius is a genus of medium-large to very large shark cat fishes native to fresh water in South and Southeast Asia. They have a low to medium fat content with high levels of protein. The Mekong river delta in Vietnam is the prime hub for aquaculture of Pangasius due to its abundance of fresh water. By far, Vietnam is the largest producer and exporter of Pangasius in the world.
It has a long coastline and abundant supply of fresh water through the Mekong river. The Mekong delta has several inter connecting rivers and canals, primarily contributed to the rise of Pangasius aquaculture. Furthermore, technological advancements have reduced the labour cost and processing time, resulting in the decline in the Pangasius processing cost. Apart from this, the Vietnamese government has introduced sustainable farming practices to grow high-quality fish and also to minimize the environmental impact due to Pangasius aquaculture. The government has also implied various standards such as ASC, GLOBALG.A.P., VietGAP, BAP etc. to gain consumer confidence in the export market. Introduction of sustainable farming practices and certifications to hatcheries, farms and processing companies have also strongly contributed to the growth of the Pangasius industry in Vietnam. In addition to this, expansion of production capacities, sustainable trade initiatives and increased demand from China, United States and Europe are some of the other factors that are driving the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Vietnam pangasius market report, along with forecasts at the country and province level from 2025-2033. Our report has categorized the market based on culture type, feed type, rearing method and product type.
Breakup by Culture Type:
- Fresh Water
- Brackish Water
- Commercial Pellets
- Home-Made Pellets
- Ponds
- Floating Cage
- Processed
- Raw
- Value-Added
- Dong Thap
- An Giang
- Can Tho
- Ben Tre
- Vinh Long
- Hau Giang
- Tien Giang
- Soc Trang
- Tra Vinh
- Kien Giang
- Others
The report has also analysed the competitive landscape of the market with some of the key players being Anvifish Joint-Stock Company, Aquatex Ben Tre, Bien Dong Seafood Company Limited, Can Tho Import Export Seafood JSC, Cuu Long Seafood Import and Export JSC, Dai Thanh Seafood, Fatifish Company Limited, Go Dang Joint Stock Company (GODACO), Hung Ca Company Limited, IDI Corporation, NAVICORP, NTSF Seafood Joint Stock Company and Vinh Hoan Corporation.
Key Questions Answered in This Report
1.What was the size of the Vietnam Pangasius (Basa) market in 2024?
2.What are the key factors driving the Vietnam Pangasius (Basa) market?
3.What has been the impact of COVID-19 on the Vietnam Pangasius (Basa) market?
4.What is the breakup of the Vietnam Pangasius (Basa) market based on the culture type?
5.What is the breakup of the Vietnam Pangasius (Basa) market based on the feed type?
6.What is the breakup of the Vietnam Pangasius (Basa) market based on the rearing method?
7.What is the breakup of the Vietnam Pangasius (Basa) market based on the product type?
8.What are the key regions in the Vietnam Pangasius (Basa) market?
9.Who are the key players/companies in the Vietnam Pangasius (Basa) market?
Table of Contents
120 Pages
- 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 Pangasius Farming
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Historical Volume Trends
- 5.2.2 Area Under Aquaculture
- 5.3 Market Breakup by Culture Type
- 5.4 Impact of COVID-19
- 5.5 Market Forecast
- 6 Market Breakup by Feed Type
- 6.1 Commercial Pellets
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Home-Made Pellets
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 7 Market Breakup by Rearing Method
- 7.1 Ponds
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Floating Cage
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 8 Market Breakup by Product Type
- 8.1 Processed
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Raw
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Value-Added
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 9 Market Breakup by Province
- 9.1 Dong Thap
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 An Giang
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Can Tho
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Ben Tre
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Vinh Long
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Hau Giang
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Tien Giang
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Soc Trang
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Tra Vinh
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
- 9.10 Kien Giang
- 9.10.1 Market Trends
- 9.10.2 Market Forecast
- 9.11 Others
- 9.11.1 Market Trends
- 9.11.2 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 11.1 Overview
- 11.2 Broodstock Suppliers
- 11.3 Feed Mills
- 11.4 Hatcheries
- 11.5 Farmers
- 11.6 Processors
- 11.7 Local Traders and Exporters
- 11.8 Retailers
- 11.9 End-Users
- 12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Indicators
- 13.1 Key Price Indicators
- 13.2 Price Structure
- 13.3 Price Trends
- 14 Market Drivers and Challenges
- 15 Pangasius Farming Practices in Vietnam
- 16 Trade Data
- 16.1 The European Union
- 16.2 The United States
- 16.3 ASEAN
- 16.4 China and Hong Kong
- 16.5 Middle East
- 16.6 Latin America
- 17 Competitive Landscape
- 17.1 Market Structure
- 17.2 Companies Involved at Various Levels of Value Chain
- 17.2.1 Broodstock Suppliers
- 17.2.2 Feed Mills
- 17.2.3 Hatcheries
- 17.2.4 Farmers
- 17.2.5 Processing Companies
- 17.3 Profiles of Key Players
- 17.3.1 Anvifish Joint-Stock Company
- 17.3.1.1 Company Overview
- 17.3.1.2 Product Portfolio
- 17.3.1.3 Financials
- 17.3.1.4 SWOT Analysis
- 17.3.2 Aquatex Ben Tre
- 17.3.2.1 Company Overview
- 17.3.2.2 Product Portfolio
- 17.3.2.3 Financials
- 17.3.2.4 SWOT Analysis
- 17.3.3 Bien Dong Seafood Company Limited
- 17.3.3.1 Company Overview
- 17.3.3.2 Product Portfolio
- 17.3.4 Can Tho Import Export Seafood JSC
- 17.3.4.1 Company Overview
- 17.3.4.2 Product Portfolio
- 17.3.4.3 Financials
- 17.3.4.4 SWOT Analysis
- 17.3.5 Cuu Long Seafood Import and Export JSC
- 17.3.5.1 Company Overview
- 17.3.5.2 Product Portfolio
- 17.3.5.3 Financials
- 17.3.5.4 SWOT Analysis
- 17.3.6 Dai Thanh Seafood
- 17.3.6.1 Company Overview
- 17.3.6.2 Product Portfolio
- 17.3.7 Fatifish Company Limited
- 17.3.7.1 Company Overview
- 17.3.7.2 Product Portfolio
- 17.3.7.3 Financials
- 17.3.7.4 SWOT Analysis
- 17.3.8 Go Dang Joint Stock Company (GODACO)
- 17.3.8.1 Company Overview
- 17.3.8.2 Product Portfolio
- 17.3.9 Hung Ca Company Limited
- 17.3.9.1 Company Overview
- 17.3.9.2 Product Portfolio
- 17.3.10 IDI Corporation
- 17.3.10.1 Company Overview
- 17.3.10.2 Product Portfolio
- 17.3.10.3 Financials
- 17.3.10.4 SWOT Analysis
- 17.3.11 NAVICORP
- 17.3.11.1 Company Overview
- 17.3.11.2 Product Portfolio
- 17.3.12 NTSF Seafood Joint Stock Company
- 17.3.12.1 Company Overview
- 17.3.12.2 Product Portfolio
- 17.3.12.3 Financials
- 17.3.12.4 SWOT Analysis
- 17.3.13 Vinh Hoan Corporation
- 17.3.13.1 Company Overview
- 17.3.13.2 Product Portfolio
- 17.3.13.3 Financials
- 17.3.13.4 SWOT Analysis
Pricing
Currency Rates
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