베트남의 수산양식용 사료 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Vietnam aquaculture feed market size was valued at USD 2.70 billion in 2025 and estimated to grow from USD 2.92 billion in 2026 to reach USD 4.36 billion by 2031, at a CAGR of 8.30% during the forecast period (2026-2031).

This report is Segmented by Feed Type (Extruded Feed, Pelleted Feed, Moist Feed, and Micro Feed), by Ingredient Source (Fish Meal and Fish Oil, Plant Protein, Animal By-Products, and Algal and Alternative Proteins), and by Species (White-Leg Shrimp, Giant Tiger Prawn, Pangasius, Carp, Catfish, Tilapia, and Other Species). The Market Forecasts are Provided in Terms of Value (USD).

Vietnam Aquaculture Feed Market Trends and Insights

Robust Expansion of Domestic Recirculating Aquaculture Systems Facilities

The rapid expansion of Recirculating Aquaculture Systems (RAS) in Vietnam is significantly improving production efficiency and biosecurity in high-value species farming. RAS facilitates controlled water quality, reduces disease outbreaks, and enhances stocking density, particularly in shrimp and pangasius farming. For instance, intensive shrimp farms in the Mekong Delta are increasingly adopting RAS technology to minimize water exchange and mitigate disease risks such as Early Mortality Syndrome (EMS). This technology-driven approach supports higher output per hectare and stabilizes year-round production, directly contributing to overall aquaculture growth.

Mainstream Growth of Functional Feeds

The growing adoption of functional feeds fortified with probiotics, enzymes, and immunostimulants is improving feed conversion ratios and survival rates in shrimp and fish farming. As disease management becomes increasingly critical, farmers are transitioning from traditional feed to specialized formulations that enhance gut health and immunity. For instance, shrimp farms in Soc Trang and Bac Lieu provinces are using probiotic-enhanced feeds to reduce reliance on antibiotics while maintaining export-grade quality. This shift increases feed value per metric ton and enhances farm productivity, thereby driving sectoral growth. GreenFeed secured Aquaculture Stewardship Council certification in October 2025 for its probiotic shrimp diet, delivering improved feed conversion and cost savings for farmers.

Volatile Fish-Meal and Fish-Oil Prices

Vietnam relies heavily on imported fishmeal and fish oil for aquafeed production, making the industry susceptible to global price fluctuations. Increases in global fishmeal prices, often driven by supply constraints in Peru, directly raise feed production costs. This impacts shrimp farmers, leading to margin compression. As a result, some small-scale operators are compelled to reduce stocking densities or delay production cycles. The export price of fish oil from Vietnam has fluctuated significantly over the past two years. In 2024, prices ranged from 0.83 USD per kg to 2.96 USD per kg. In 2025, prices continued to vary, ranging from 0.97 USD per kg to 2.48 USD per kg.

Other drivers and restraints analyzed in the detailed report include:

1. Rising Consumer Demand for Antibiotic-Free Seafood
2. Integration of AI-Driven Precision-Feeding Platforms
3. Stringent Effluent-Discharge Rules

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Extruded diets were the largest segment, accounting for 42.0% of the Vietnam aquaculture feed market share in 2025, reflecting their buoyancy advantage, which reduces waste and improves feed conversion. Pelleted diets held a significant share yet are losing ground to extruded formats as intensive shrimp farmers shift toward higher efficiency. Pelleted manufacturers are retrofitting steam conditioners to raise pellet durability, but their inherent density mismatch with shrimp feeding habits restricts uptake.

Micro feeds are the fastest-growing segment, advancing at a 11.5% CAGR through 2031, as hatcheries invest in controlled-release technology to drive gains in larval survival. Moist feeds remain a niche for eel and ornamental species because their short shelf life increases labor costs and limits their commercial potential in the Vietnamese aquaculture feed market. Thang Long Group inaugurated a new feed mill in Hai Duong province in May 2024, increasing its annual capacity to 700,000 metric tons. The facility focuses on producing extruded shrimp diets to target the premium segment and enhance profit margins.

Complete Report Scope:

• By Feed Type
  • Extruded Feed
  • Pelleted Feed
  • Moist Feed
  • Micro Feed
• By Ingredient Source
  • Fish Meal and Fish Oil
  • Plant Protein
  • Animal By-products
  • Algal and Alternative Proteins
• By Species
  • White-leg Shrimp (Litopenaeus vannamei)
  • Giant Tiger Prawn (Penaeus monodon)
  • Pangasius
  • Carp
  • Catfish
  • Tilapia
  • Other Species

List of Companies Covered in this Report:

1. Cargill Inc.
2. De Heus Animal Nutrition B.V.
3. Skretting (Nutreco NV)
4. Archer-Daniels-Midland Company
5. Charoen Pokphand Group
6. Skretting Vietnam (Nutreco N.V.)
7. Grobest Industrial Co. Ltd. (Grobest Group)
8. Tongwei Co. Ltd.
9. Alltech Inc.
10. Lallemand Inc.
11. INVE Aquaculture Inc. (Benchmark Holdings Plc)
12. Aller Aqua Vietnam (Aller Aqua A/S)
13. GreenFeed Vietnam Corp.
14. Uni-President Vietnam Co. Ltd.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Robust expansion of domestic Recirculating Aquaculture Systems facilities
  • 4.2.2 Mainstream growth of functional feeds
  • 4.2.3 Rising consumer demand for antibiotic-free seafood
  • 4.2.4 Integration of AI-driven precision-feeding platforms
  • 4.2.5 Scale-up of single-cell protein production from biogas effluent
  • 4.2.6 Shrimp-specific feed subsidies in Mekong Delta
• 4.3 Market Restraints
  • 4.3.1 Volatile fish-meal and fish-oil prices
  • 4.3.2 Stringent effluent-discharge rules from Ministry of Natural Resources and Environment
  • 4.3.3 Supply-chain bottlenecks for specialty additives
  • 4.3.4 Farmer hesitancy toward genetically engineered protein inputs
• 4.4 Regulatory Landscape
• 4.5 Technological Outlook
• 4.6 Porter's Five Forces Analysis
  • 4.6.1 Bargaining Power of Suppliers
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Threat of New Entrants
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Feed Type
  • 5.1.1 Extruded Feed
  • 5.1.2 Pelleted Feed
  • 5.1.3 Moist Feed
  • 5.1.4 Micro Feed
• 5.2 By Ingredient Source
  • 5.2.1 Fish Meal and Fish Oil
  • 5.2.2 Plant Protein
  • 5.2.3 Animal By-products
  • 5.2.4 Algal and Alternative Proteins
• 5.3 By Species
  • 5.3.1 White-leg Shrimp (Litopenaeus vannamei)
  • 5.3.2 Giant Tiger Prawn (Penaeus monodon)
  • 5.3.3 Pangasius
  • 5.3.4 Carp
  • 5.3.5 Catfish
  • 5.3.6 Tilapia
  • 5.3.7 Other Species

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, Recent Developments)
  • 6.4.1 Cargill Inc.
  • 6.4.2 De Heus Animal Nutrition B.V.
  • 6.4.3 Skretting (Nutreco NV)
  • 6.4.4 Archer-Daniels-Midland Company
  • 6.4.5 Charoen Pokphand Group
  • 6.4.6 Skretting Vietnam (Nutreco N.V.)
  • 6.4.7 Grobest Industrial Co. Ltd. (Grobest Group)
  • 6.4.8 Tongwei Co. Ltd.
  • 6.4.9 Alltech Inc.
  • 6.4.10 Lallemand Inc.
  • 6.4.11 INVE Aquaculture Inc. (Benchmark Holdings Plc)
  • 6.4.12 Aller Aqua Vietnam (Aller Aqua A/S)
  • 6.4.13 GreenFeed Vietnam Corp.
  • 6.4.14 Uni-President Vietnam Co. Ltd.

7 Market Opportunities and Future Outlook