The global market for Tilapia is estimated at US$8.3 Billion in 2023 and is projected to reach US$9.9 Billion by 2030, growing at a CAGR of 2.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the tilapia market is driven by several factors, including advancements in genetic research and aquaculture technology that improve yield and sustainability. Technological innovations, such as automated feeding systems and improved water filtration techniques, have significantly enhanced the efficiency and environmental sustainability of tilapia farming. Consumer behavior trends also play a crucial role, as there is increasing demand for affordable, healthy protein sources in both developing and developed countries. The global expansion of seafood diets and the adaptability of tilapia to various cuisines contribute to its growing popularity. Moreover, the emphasis on sustainable food sources has prompted consumers and regulators to favor fish like tilapia, which can be farmed with relatively low environmental impact. Regulatory support for sustainable aquaculture practices, along with consumer awareness about environmental and health impacts of their dietary choices, continues to propel the market growth for tilapia.
The growth in the tilapia market is driven by several factors, including advancements in genetic research and aquaculture technology that improve yield and sustainability. Technological innovations, such as automated feeding systems and improved water filtration techniques, have significantly enhanced the efficiency and environmental sustainability of tilapia farming. Consumer behavior trends also play a crucial role, as there is increasing demand for affordable, healthy protein sources in both developing and developed countries. The global expansion of seafood diets and the adaptability of tilapia to various cuisines contribute to its growing popularity. Moreover, the emphasis on sustainable food sources has prompted consumers and regulators to favor fish like tilapia, which can be farmed with relatively low environmental impact. Regulatory support for sustainable aquaculture practices, along with consumer awareness about environmental and health impacts of their dietary choices, continues to propel the market growth for tilapia.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Nile Tilapia segment, which is expected to reach US$6.7 Billion by 2030 with a CAGR of a 2.6%. The Tilapias Nei segment is also set to grow at 1.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.3 Billion in 2023, and China, forecasted to grow at an impressive 4.5% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Tilapia Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Tilapia Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Tilapia Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amyco Foods Group Limited, Blue Ridge Aquaculture, Inc., Chicoa Fish Farm, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 53 Featured):
- Amyco Foods Group Limited
- Blue Ridge Aquaculture, Inc.
- Chicoa Fish Farm
- Gain Ocean Food Co Ltd
- Gallant Ocean Group
- Guangdong Shunxin Sea Fishery Group Co., Ltd.
- Hainan Linghu Food Co., Ltd.
- Hainan Qinfu Food Co., Ltd
- Hainan Sky Blue Ocean Foods Company
- Hainan Xintaisheng Industry Co., Ltd
- Industrial Fishing Santa Priscila SA
- Mazzetta Company, LLC
- Nakhwa International
- Netuno Internacional S/A
- Regal Springs AG
- Sobi Co Ltd;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Amyco Foods Group Limited
- Blue Ridge Aquaculture, Inc.
- Chicoa Fish Farm
- Gain Ocean Food Co Ltd
- Gallant Ocean Group
- Guangdong Shunxin Sea Fishery Group Co., Ltd.
- Hainan Linghu Food Co., Ltd.
- Hainan Qinfu Food Co., Ltd
- Hainan Sky Blue Ocean Foods Company
- Hainan Xintaisheng Industry Co., Ltd
- Industrial Fishing Santa Priscila SA
- Mazzetta Company, LLC
- Nakhwa International
- Netuno Internacional S/A
- Regal Springs AG
- Sobi Co Ltd;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 392 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 8.3 Billion |
Forecasted Market Value ( USD | $ 9.9 Billion |
Compound Annual Growth Rate | 2.5% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |