Forecast: Pelagic Fish Feed in Vietnam

The pelagic fish feed market in Vietnam experienced steady growth from 2023 to 2028. Specifically, it stood at 490.0 thousand metric tons in 2023. For the following years, the market exhibited a year-on-year percentage increase of approximately 4.69% for 2024-2025, 4.30% for 2025-2026, 4.12% for 2026-2027, and 3.95% for 2027-2028. Over the entire period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) was around 4.26%.

Future trends to watch for in the pelagic fish feed market in Vietnam include advancements in sustainable feed technology, changing regulations on fish farming practices, and increasing demand for high-quality aquaculture products. Monitoring these trends will help in anticipating market shifts and preparing strategic responses.

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