The Vietnam aquafeed market reached approximately USD 2.63 Billion in 2025. The market is projected to grow at a CAGR of 4.60% between 2026 and 2035, reaching a value of around USD 4.12 Billion by 2035.
Base Year
Historical Period
Forecast Period
Aquaculture is expected to account for over a quarter of Vietnam's total fisheries output and surpass $4 billion in export value by 2045.
The National Program on Aquaculture Development for the period 2021-2030 was initiated in August 2022, aimed at developing effective and sustainable aquaculture practices.
As per the Vietnam Association of Seafood Exporters and Producers (VASEP), exports of shrimp to the United States surpassed USD 1 billion for the first time in 2021.
Compound Annual Growth Rate
4.6%
Value in USD Billion
2026-2035
*this image is indicative*
| Vietnam Aquafeed Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 2.63 |
| Market Size 2035 | USD Billion | 4.12 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.60% |
| CAGR 2026-2035 - Market by Region | Red River Delta | 5.0% |
| CAGR 2026-2035 - Market by Region | Mekong River Delta | 4.9% |
| CAGR 2026-2035 - Market by Ingredient | Additives | 5.2% |
| CAGR 2026-2035 - Market by Additives | Amino Acids | 5.1% |
| Market Share by Region | Southeast | 22.3% |
Vietnam has unveiled a strategy to significantly boost its aquaculture production. The country aims to produce 5.6 million metric tons (MT) of farmed seafood annually by 2025, marking a 16.7% increase from the 4.8 million MT produced in 2021. Additionally, Vietnam plans to raise its aquaculture output to 7 million MT per year by 2030, with an estimated export value of USD 12 billion (EUR 12 billion) annually. By 2030, the country also aims to meet more than 60 per cent of its domestic demand for vannamei broodstock and black tiger shrimp, and 100 per cent of its demand for pangasius broodstock.
Vietnam's extensive coastline of over 3,260 kilometres (2,026 miles) and its abundance of islands and bays provide a vast geographic opportunity for aquaculture. The government of Vietnam has been proactively backing the aquaculture sector by introducing a range of measures and policies designed to encourage sustainable aquaculture methods. These efforts encompass financial assistance, support for research and development, and the enforcement of regulations to uphold superior standards in feed quality.
Vietnam stands as a prominent nation in aquaculture production, especially for shrimp, pangasius, and tilapia. As income levels and urbanisation continue to rise, there is a noticeable trend towards protein-rich diets, which include seafood. The expanding middle-class demographic in Vietnam is playing a role in the heightened consumption of seafood, consequently boosting the demand for high-quality aquafeed.
“Vietnam Aquafeed Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Ingredient
Market Breakup by Additives
Market Breakup by Product Form
Market Breakup by End Use
Market Breakup by Region
| CAGR 2026-2035 - Market by | Ingredient |
| Additives | 5.2% |
| Soybean | 4.4% |
| Corn | 4.1% |
| Fish Meal | XX% |
| Fish Oil | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | Additives |
| Amino Acids | 5.1% |
| Feed Acidifiers | 4.7% |
| Antibiotics | XX% |
| Vitamins | XX% |
| Others | XX% |
| CAGR 2026-2035 - Market by | Region |
| Red River Delta | 5.0% |
| Mekong River Delta | 4.9% |
| Southeast | XX% |
| South Central Coast | XX% |
| Others | XX% |
Based on the ingredients, the market is segmented into soybean, corn, fish meal, fish oil, and additives, among others. Soybean is projected to grow at a CAGR of 4.4% during the forecast period of 2026-2035. Soybean plays a crucial role as a high-protein component in the diets of certain aquaculture species, serving as a viable substitute for fishmeal. Soybean meal is typically a more economical choice compared to fish meal, due to which it is a popular option for both feed producers and aquaculture practitioners.
| Market Share by | Region |
| Southeast | 22.3% |
| Red River Delta | XX% |
| Mekong River Delta | XX% |
Major market players are focusing on technological advancements in feed formulation and sustainable aquaculture practices to gain a competitive edge.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the market reached an approximate value of USD 2.63 Billion.
The market is estimated to grow at a CAGR of 4.60% between 2026 and 2035.
The market is estimated to witness a healthy growth during 2026-2035 to reach around USD 4.12 Billion by 2035.
The market is being driven by the increasing aquaculture production and rising demand for seafood.
The key trends aiding the market include technological advancements in feed formulation and the rising adoption of sustainable aquaculture practices.
The major regions considered in the market report are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different ingredients used in aquafeed include soybean, corn, fish meal, fish oil, additives, and others.
The major players in the market are Charoen Pokphand Foods PCL, Nutreco N.V., De Heus Animal Nutrition, Grobest Group Limited, GREENFEED VIETNAM CORPORATION, and UNI-PRESIDENT VIETNAM CO, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Ingredient |
|
| Breakup by Additives |
|
| Breakup by Product Form |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Share