Aquaculture Market in Vietnam to Grow 5% by 2020 – Lack of Environmental & Disease Monitoring Systems Hinder Growth – Research and Markets

Research and Markets has announced the addition of the “Aquaculture Market in Vietnam 2016-2020” report to their offering.

The report forecasts the aquaculture market in Vietnam to grow at a CAGR of 5.73% during the period 2016-2020.

Vietnam is one of the most suitable places for seafood and fish farming because of its long and rich coast line. Infrastructure development, growing consumption of fish, high disposable income of consumers, and export of farmed fish and seafood are some of the key drivers, which enable Vietnam to contribute a significant revenue to the aquaculture industry in APAC. The need for aquaculture in Vietnam stems from the high demand from wholesalers, retailers, restaurants, and individual consumers.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the aquaculture market in Vietnam is one of the biggest aquaculture markets in the world. The annual domestic consumption of seafood per capita in the country is about 78 lbs. per capita. For the period of 2015-2020, this consumption figure is expected to increase by 5.37% on an average per year. The total consumption of seafood in the domestic market in Vietnam was over 710 thousand metric tons in 2015 and is expected to reach 940 thousand metric tons by 2020.

Key vendors Include:

  • Camau Seafood Processing and Service Joint
  • Dongnam Seafood
  • PhuongDong Seafood
  • Food Joint Stock Company Ca Mau Seafood Exports
  • Hung Vuong Mekong
  • Minh Phu
  • Ngoc Sinh Seafood
  • Oriental Seafood

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Market drivers

Part 08: Impact of drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/47q96p/aquaculture

View source version on businesswire.com:http://www.businesswire.com/news/home/20161208005844/en/

[Source: http://finance.yahoo.com/news/aquaculture-market-vietnam-grow-5-164100058.html]

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