The Global Pangasius Market Size is is forecast to register an annual growth rate (CAGR) of 5.9%.
The global Pangasius Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Fresh Whole Fish, Frozen Whole Fish, Fresh Fillet, Frozen Fillet), By Application (Caterers, Food Industry, Retail Customers, Hotels, Others).
An Introduction to Pangasius Market in 2025
The Pangasius Market is poised for substantial growth, driven by the increasing consumer demand for affordable and high-quality seafood. Pangasius, a type of freshwater fish native to Southeast Asia, is valued for its mild flavor, firm texture, and versatility in culinary applications. The market benefits from the growing awareness of the health benefits of consuming fish, including its high content of protein, omega-3 fatty acids, and essential nutrients. Additionally, the demand for sustainable and responsibly sourced seafood is driving innovation in pangasius aquaculture practices. The market is also supported by the expanding availability of pangasius in supermarkets, seafood markets, and online platforms, making it more accessible to consumers seeking nutritious and budget-friendly seafood options. The increasing popularity of pangasius in various cuisines and the rising trend towards healthy eating are further supporting market growth.
Pangasius Competitive Landscape
The market report analyses the leading companies in the industry including AGIFISH Co., Aquatex Ben Tre, Austevoll Seafood, Bien Dong Seafood, Dai Thanh Seafoods, Delta Mina Perkasa, Dimas Reiza Perwira, Expravet Nasuba, GODACO Seafood, Hoang Long Group, Hung Vuong Corp, Nam Viet Corp, Nomad Foods, NTSF SEAFOODS, Thai Union, Truong Giang Fishery Holdings Corp, Vinh Foods, Vinh Hoan, and others.
Pangasius Market Dynamics
Market Trend: Increasing Demand for Sustainable Aquaculture
The pangasius market is currently experiencing a prominent trend towards sustainability in aquaculture practices. Consumers and retailers are increasingly prioritizing sustainably farmed seafood, leading to a rise in demand for pangasius produced with environmentally friendly methods. This shift is driven by growing concerns about overfishing and environmental impact, prompting both producers and consumers to seek out certifications and practices that support sustainable aquaculture. The trend highlights the industry's adaptation to consumer preferences and regulatory pressures focused on ecological responsibility.
Market Driver: Rising Global Consumption of Seafood
A key driver of the pangasius market is the rising global consumption of seafood, fueled by its perceived health benefits and increasing popularity. Pangasius, known for its affordability and mild flavor, is becoming a preferred choice among consumers seeking cost-effective and nutritious seafood options. As global dietary habits shift towards higher seafood intake, particularly in regions where pangasius is a staple, the demand for this fish is growing. This driver is supported by broader trends in health consciousness and the desire for protein-rich diets.
Market Opportunity: Expansion into New Export Markets
The pangasius market offers significant opportunities for growth through expansion into new export markets. Emerging economies and regions with increasing disposable incomes, such as parts of Africa and the Middle East, present new avenues for pangasius exporters. By developing targeted marketing strategies and establishing distribution channels in these growing markets, pangasius producers can tap into a broader customer base and enhance their market presence. This opportunity is bolstered by the fish's versatility and adaptability to various culinary applications, making it an attractive option for diverse international markets.
Pangasius Market Share Analysis: Frozen Fillet is expected to generate the highest revenue in 2025.
Frozen fillet is the largest segment in the Pangasius Market by type. This dominance is primarily due to the convenience, longer shelf life, and widespread availability of frozen fillets. Consumers and foodservice providers prefer frozen fillets because they are easy to store, transport, and prepare, making them ideal for both home cooking and commercial use. The freezing process helps preserve the nutritional quality and flavor of the fish, ensuring a consistent product that meets consumer expectations. Additionally, frozen fillets reduce food waste as they can be stored for extended periods without the risk of spoilage, unlike fresh fish. The extensive distribution networks and availability in various retail channels, including supermarkets and online stores, further contribute to the popularity of frozen fillets. The cost-effectiveness of frozen fillets compared to fresh options also appeals to a broad range of consumers and businesses, solidifying their position as the largest segment in the Pangasius Market.
Pangasius Market Share Analysis: Food Industry is poised to register the fastest growth rate (CAGR) over the forecast period from 2025 to 2034.
The food industry is the fastest-growing segment in the Pangasius Market by application. This rapid growth is driven by the increasing demand for processed and ready-to-eat seafood products, which are heavily utilized in the food industry. Pangasius, with its mild flavor and firm texture, is a versatile ingredient used in various food products, including fish sticks, seafood medleys, and pre-packaged meals. The rising trend of convenience foods and the expansion of the global seafood market have significantly boosted the demand for Pangasius in the food industry. Additionally, the growing awareness of the health benefits associated with seafood consumption has led to higher inclusion of fish products in diets, further driving the demand. The food industry's capacity to purchase in bulk and the need for consistent, high-quality ingredients to meet production standards also contribute to this segment's growth. As a result, the food industry segment is experiencing substantial growth, propelled by the trends of convenience, health consciousness, and the expanding global seafood market.0
Pangasius Market Segmentation
By Type
Fresh Whole Fish
Frozen Whole Fish
Fresh Fillet
Frozen Fillet
By Application
Caterers
Food Industry
Retail Customers
Hotels
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Pangasius Companies Profiled in the Study
AGIFISH Co.
Aquatex Ben Tre
Austevoll Seafood
Bien Dong Seafood
Dai Thanh Seafoods
Delta Mina Perkasa
Dimas Reiza Perwira
Expravet Nasuba
GODACO Seafood
Hoang Long Group
Hung Vuong Corp
Nam Viet Corp
Nomad Foods
NTSF SEAFOODS
Thai Union
Truong Giang Fishery Holdings Corp
Vinh Foods
Vinh Hoan
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
- Market Segments
- Companies Profiled
Research Methodology
- Bottom-Up Method
- Top-Down Method
- Data Triangulation
Forecast Methodology
- Data Sources
- USDA Proprietary Databases
- External Sources
- Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Pangasius Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Pangasius Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Pangasius Market Size by Segments, 2018- 2024
Key Statistics, 2024
Pangasius Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Pangasius Types, 2018- 2024
Pangasius Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Pangasius Applications, 2018- 2024
8. Pangasius Market Size Outlook by Segments, 2024- 2034
By Type
Fresh Whole Fish
Frozen Whole Fish
Fresh Fillet
Frozen Fillet
By Application
Caterers
Food Industry
Retail Customers
Hotels
Others
9. Pangasius Market Size Outlook by Region
North America
Key Market Dynamics
North America Pangasius Market Size Outlook by Type, USD Million, 2021-2034
North America Pangasius Market Size Outlook by Application, USD Million, 2021-2034
North America Pangasius Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Pangasius Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Pangasius Market Size Outlook by Type, USD Million, 2021-2034
Europe Pangasius Market Size Outlook by Application, USD Million, 2021-2034
Europe Pangasius Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Pangasius Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Pangasius Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Pangasius Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Pangasius Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Pangasius Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Pangasius Market Size Outlook by Type, USD Million, 2021-2034
South America Pangasius Market Size Outlook by Application, USD Million, 2021-2034
South America Pangasius Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Pangasius Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Pangasius Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Pangasius Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Pangasius Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Pangasius Market Size Outlook by Country, USD Million, 2021-2034
10. United States Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Pangasius Market Size Outlook by Type, 2021- 2034
United States Pangasius Market Size Outlook by Application, 2021- 2034
United States Pangasius Market Size Outlook by End-User, 2021- 2034
11. Canada Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Pangasius Market Size Outlook by Type, 2021- 2034
Canada Pangasius Market Size Outlook by Application, 2021- 2034
Canada Pangasius Market Size Outlook by End-User, 2021- 2034
12. Mexico Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Pangasius Market Size Outlook by Type, 2021- 2034
Mexico Pangasius Market Size Outlook by Application, 2021- 2034
Mexico Pangasius Market Size Outlook by End-User, 2021- 2034
13. Germany Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Pangasius Market Size Outlook by Type, 2021- 2034
Germany Pangasius Market Size Outlook by Application, 2021- 2034
Germany Pangasius Market Size Outlook by End-User, 2021- 2034
14. France Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
France Pangasius Market Size Outlook by Type, 2021- 2034
France Pangasius Market Size Outlook by Application, 2021- 2034
France Pangasius Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Pangasius Market Size Outlook by Type, 2021- 2034
United Kingdom Pangasius Market Size Outlook by Application, 2021- 2034
United Kingdom Pangasius Market Size Outlook by End-User, 2021- 2034
16. Spain Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Pangasius Market Size Outlook by Type, 2021- 2034
Spain Pangasius Market Size Outlook by Application, 2021- 2034
Spain Pangasius Market Size Outlook by End-User, 2021- 2034
17. Italy Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Pangasius Market Size Outlook by Type, 2021- 2034
Italy Pangasius Market Size Outlook by Application, 2021- 2034
Italy Pangasius Market Size Outlook by End-User, 2021- 2034
18. Benelux Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Pangasius Market Size Outlook by Type, 2021- 2034
Benelux Pangasius Market Size Outlook by Application, 2021- 2034
Benelux Pangasius Market Size Outlook by End-User, 2021- 2034
19. Nordic Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Pangasius Market Size Outlook by Type, 2021- 2034
Nordic Pangasius Market Size Outlook by Application, 2021- 2034
Nordic Pangasius Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Pangasius Market Size Outlook by Type, 2021- 2034
Rest of Europe Pangasius Market Size Outlook by Application, 2021- 2034
Rest of Europe Pangasius Market Size Outlook by End-User, 2021- 2034
21. China Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
China Pangasius Market Size Outlook by Type, 2021- 2034
China Pangasius Market Size Outlook by Application, 2021- 2034
China Pangasius Market Size Outlook by End-User, 2021- 2034
22. India Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
India Pangasius Market Size Outlook by Type, 2021- 2034
India Pangasius Market Size Outlook by Application, 2021- 2034
India Pangasius Market Size Outlook by End-User, 2021- 2034
23. Japan Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Pangasius Market Size Outlook by Type, 2021- 2034
Japan Pangasius Market Size Outlook by Application, 2021- 2034
Japan Pangasius Market Size Outlook by End-User, 2021- 2034
24. South Korea Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Pangasius Market Size Outlook by Type, 2021- 2034
South Korea Pangasius Market Size Outlook by Application, 2021- 2034
South Korea Pangasius Market Size Outlook by End-User, 2021- 2034
25. Australia Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Pangasius Market Size Outlook by Type, 2021- 2034
Australia Pangasius Market Size Outlook by Application, 2021- 2034
Australia Pangasius Market Size Outlook by End-User, 2021- 2034
26. South East Asia Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Pangasius Market Size Outlook by Type, 2021- 2034
South East Asia Pangasius Market Size Outlook by Application, 2021- 2034
South East Asia Pangasius Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Pangasius Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Pangasius Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Pangasius Market Size Outlook by End-User, 2021- 2034
28. Brazil Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Pangasius Market Size Outlook by Type, 2021- 2034
Brazil Pangasius Market Size Outlook by Application, 2021- 2034
Brazil Pangasius Market Size Outlook by End-User, 2021- 2034
29. Argentina Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Pangasius Market Size Outlook by Type, 2021- 2034
Argentina Pangasius Market Size Outlook by Application, 2021- 2034
Argentina Pangasius Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Pangasius Market Size Outlook by Type, 2021- 2034
Rest of South America Pangasius Market Size Outlook by Application, 2021- 2034
Rest of South America Pangasius Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Pangasius Market Size Outlook by Type, 2021- 2034
United Arab Emirates Pangasius Market Size Outlook by Application, 2021- 2034
United Arab Emirates Pangasius Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Pangasius Market Size Outlook by Type, 2021- 2034
Saudi Arabia Pangasius Market Size Outlook by Application, 2021- 2034
Saudi Arabia Pangasius Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Pangasius Market Size Outlook by Type, 2021- 2034
Rest of Middle East Pangasius Market Size Outlook by Application, 2021- 2034
Rest of Middle East Pangasius Market Size Outlook by End-User, 2021- 2034
34. South Africa Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Pangasius Market Size Outlook by Type, 2021- 2034
South Africa Pangasius Market Size Outlook by Application, 2021- 2034
South Africa Pangasius Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Pangasius Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Pangasius Market Size Outlook by Type, 2021- 2034
Rest of Africa Pangasius Market Size Outlook by Application, 2021- 2034
Rest of Africa Pangasius Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
AGIFISH Co.
Aquatex Ben Tre
Austevoll Seafood
Bien Dong Seafood
Dai Thanh Seafoods
Delta Mina Perkasa
Dimas Reiza Perwira
Expravet Nasuba
GODACO Seafood
Hoang Long Group
Hung Vuong Corp
Nam Viet Corp
Nomad Foods
NTSF SEAFOODS
Thai Union
Truong Giang Fishery Holdings Corp
Vinh Foods
Vinh Hoan
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
