Market Research Report Vietnam Seafood Market Report 2017

Vietnams Seafood Market Trends and
Forecast Report 2017
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Assessment of Vietnams Seafood Market 2017” to its report offerings. The
report highlights key dynamics of Vietnam’s seafood market. The potential of the
sector has been investigated along with market drivers. The current market scenario
and future prospects of the sector has also been studied. The report contains industry
experts’ latest opinions on the seafood market.
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The fishery sector is one of the most important sectors of the Vietnamese economy.
The country exports seafood to almost 164 markets with key markets being the
United States, EU, Russia, Japan, China and South Korea.
Main items forming Vietnam’s seafood export include shrimps, striped catfish and
hard clams. Vannamei production is around 90% while black tiger constitutes the
remaining 10% of shrimp production in the country. The country’s seafood sector
currently faces many challenges but the industry is restructuring itself and
diversifying towards various export markets.
In Vietnam, average per year consumption of seafood is approximately 27 kg per
person, and this is expected to grow by close to 5.37% annually in the period 2011-
20. The country’s seafood sector currently faces many challenges but the industry is
restructuring itself and diversifying towards various export markets.