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Vietnam Aquaculture Market Overview 2018, Demand by Regions, Share and Forecast to 2023

Added: (Thu Jan 03 2019)

Pressbox (Press Release) - The Vietnam aquaculture market has witnessed positive growth over the past few years. This can be accredited to the abundance of natural aquatic resources along with rising demand for seafood in the region.

According to the latest report by IMARC Group, titled “Vietnam Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the Vietnam aquaculture market reached a production volume of 3.8 Million Tons in 2017. Aquaculture, also known as aquafarming, refers to the breeding, raising, and harvesting of fish, shellfish, and aquatic plants and other organisms. Vietnam is the third largest producer of aquaculture products due to its abundant natural aquatic resources, tropical climate, and the diversity of river and canal systems. Aquaculture is a vital source of nutritious, safe and sustainable seafood for the Vietnamese people. The aquaculture sector in the country is currently dominated by catfish and shrimp, with the black tiger shrimp being one of the most popular species among the aquaculturists. In recent years, the Pacific white leg shrimp (Litopenaeus vannamei) has also been introduced in Southern Vietnam which has provided a positive thrust to the aquaculture market.

Request free sample report: https://www.imarcgroup.com/request?type=report&id=1119&flag=B

Submitted by:Robert Smith
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