Vietnam Marine Ingredients Market to 2032
Overview
The Vietnam Marine Ingredients Market is expected to reach a 1,832.41 USD Million by 2032 and is projected to grow at a CAGR of 12.65% from 2025 to 2032.
Revenue, 2024 (USD Million)
874.22
Forecast, 2032 (USD Million)
1,832.41
CAGR, 2024 - 2032
12.65%
Report Coverage
Vietnam
Vietnam Marine Ingredients Market 2018-2032 USD Million
Vietnam Marine Ingredients Market , Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 874.22 USD Million
- Projected Market Size (2032): 1,832.41 USD Million
- CAGR (2025-2032): 12.65%
Key Findings of Vietnam Marine Ingredients Market
- The Vietnam Marine Ingredients Market was valued at 874.22 USD Million in 2024.
- The Vietnam Marine Ingredients Market is likely to grow at a CAGR of 12.65% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Powder in Form Segment accounted for the largest share of the market with a revenue of 652.43 USD Million
- The fastest growing segment Pet Food in Application Segment grew Fastest with a CAGR of 13.95% during the forecast period from 2024 to 2032.
Vietnam Marine Ingredients Market Scope
Vietnam Marine Ingredients Market Segmentation & Scope
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Form
- Liquid
- Powder
Raw Material
- By-product
- Whole Fish
Source
- Squid
- Others
- Krill
- Algae
- Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Vietnam Marine Ingredients Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 874.22 USD Million |
| Market Value in 2032 | 1,832.41 USD Million |
| CAGR (2025-2032) | 12.65% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Ingredient,Form,Raw Material,Source,Product Type,Application |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 874.22 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 874.22 USD Million in 2024.
Segments and Scope
-
Vietnam Marine Ingredients Market to 2032, By Ingredient
- Protein is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 448.24 USD Million in the year 2024.
- Protein is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 13.53 % in forecast period 2025-2032.
-
Vietnam Marine Ingredients Market to 2032, By Form
- Powder is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 652.43 USD Million in the year 2024.
- Liquid is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 12.45 % in forecast period 2025-2032.
-
Vietnam Marine Ingredients Market to 2032, By Raw Material
- Whole Fish is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 614.50 USD Million in the year 2024.
- By-product is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 12.46 % in forecast period 2025-2032.
-
Vietnam Marine Ingredients Market to 2032, By Source
- Fish is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 495.79 USD Million in the year 2024.
- Fish is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 13.27 % in forecast period 2025-2032.
-
Vietnam Marine Ingredients Market to 2032, By Product Type
- Fish Meal is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 484.57 USD Million in the year 2024.
- Fish Oil is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 12.75 % in forecast period 2025-2032.
-
Vietnam Marine Ingredients Market to 2032, By Application
- Animal and Aquaculture Feed is the largest segment in Vietnam Marine Ingredients Market to 2032 with a revenue of 341.32 USD Million in the year 2024.
- Pet Food is the Fastest growing segment in Vietnam Marine Ingredients Market to 2032 with a Growth rate of 11.81 % in forecast period 2025-2032.
Vietnam Marine Ingredients Market Company Share Analysis
Vietnam Marine Ingredients Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Marine Ingredients Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Marine Ingredients Market is segmented based on Segmentation Ingredient,Form,Raw Material,Source,Product Type,Application.
Vietnam Marine Ingredients Market was valued at USD 874.22(Revenue in USD Million) in 2022.
Vietnam Marine Ingredients Market is projected to grow at a CAGR of 12.65% during the forecast period of 2024 to 2032.
The Powder segment is expected to dominate the Vietnam Marine Ingredients Market , holding a largest market share of 652.43 USD Million in 2024
Vietnam Marine Ingredients Market Scope
Vietnam Marine Ingredients Market Segmentation & Scope
Ingredient
- Others
- Enzymes
- Fat
- Vitamins
- Fatty Acids
- Ash
- Protein
Form
- Liquid
- Powder
Raw Material
- By-product
- Whole Fish
Source
- Squid
- Others
- Krill
- Algae
- Fish
Product Type
- Others
- Fish Bone
- Marine Collagen
- Marine Peptides
- Marine Proteins
- Fish Oil
- Fish Meal
Application
- Others
- Personal Care and Cosmetics
- Pharmaceutical
- Food & Beverages
- Dietary Supplements
- Pet Food
- Animal and Aquaculture Feed
Frequently Asked Questions
The Vietnam Marine Ingredients Market is segmented based on Segmentation Ingredient,Form,Raw Material,Source,Product Type,Application.
Vietnam Marine Ingredients Market was valued at USD 874.22(Revenue in USD Million) in 2022.
Vietnam Marine Ingredients Market is projected to grow at a CAGR of 12.65% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Marine Ingredients Market for final year is USD 1,832.41 (USD Million).
Vietnam Marine Ingredients Market Company Profiling
Frequently Asked Questions
The Vietnam Marine Ingredients Market is segmented based on Segmentation Ingredient,Form,Raw Material,Source,Product Type,Application.
Vietnam Marine Ingredients Market was valued at USD 874.22(Revenue in USD Million) in 2022.
Vietnam Marine Ingredients Market is projected to grow at a CAGR of 12.65% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Marine Ingredients Market for final year is USD 1,832.41 (USD Million).
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