Tilapia Trends and Forecast
The future of the global tilapia market looks promising with opportunities in the frozen fillet, whole fish, and fresh fillet markets. The global tilapia market is expected to grow with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rising need for reasonably priced, high-protein food sources, especially in developing nations, the expansion of export-friendly government policies that include subsidies and other forms of support, and the ongoing technological developments in aquaculture worldwide.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Tilapia by Segment
The study includes a forecast for the global tilapia by farmed vs wild capture, specie, product, and region.
Tilapia Market by Farmed Vs Wild Capture [Shipment Analysis by Value from 2018 to 2030]:
• Farmed
• Wild Capture
Tilapia Market by Specie [Shipment Analysis by Value from 2018 to 2030]:
• Nile Tilapia
• Tilapias Nei
• Blue Nile Tilapia
• Mozambique Tilapia
• Others
Tilapia Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Frozen Fillets
• Whole Fish
• Fresh Fillets
• Others
Tilapia Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Tilapia Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies tilapia companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the tilapia companies profiled in this report include-
• Regal Springs
• Blue Ridge Aquaculture
• Nireus Aquaculture
• China Fishery Group
• Baiyang Investment Group
• Hainan Xiangtai Fishery
• Nile Aqua
• Wada Farms
• American Pride Seafoods
• Aquamaof Aquaculture Technologies
Tilapia Market Insights
Lucintel forecasts that farmed will remain the larger segment over the forecast period due to refined and systematic production techniques employed in aquaculture farms.
Within this market, frozen fillet is expected to witness the highest growth because it provides flexibility and simplicity in preparation, rendering them widely favored in both retail and food service domains.
APAC will remain the largest region over the forecast period due to vast aquaculture sector of the nation, bolstered by government programs and developments in growing technologies.
Features of the Global Tilapia Market
Market Size Estimates: Tilapia market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Tilapia market size by farmed vs wild capture, specie, product, and region in terms of value ($B).
Regional Analysis: Tilapia market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different farmed vs wild captures, species, products, and regions for the tilapia market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the tilapia market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for tilapia market?
Answer: The global tilapia market is expected to grow with a CAGR of 2.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the tilapia market?
Answer: The major drivers for this market are rising need for reasonably priced, high-protein food sources, especially in developing nations, the expansion of export-friendly government policies that include subsidies and other forms of support, and the ongoing technological developments in aquaculture worldwide.
Q3. What are the major segments for tilapia market?
Answer: The future of the global tilapia market looks promising with opportunities in the frozen fillet, whole fish, and fresh fillet markets.
Q4. Who are the key tilapia market companies?
Answer: Some of the key tilapia companies are as follows:
• Regal Springs
• Blue Ridge Aquaculture
• Nireus Aquaculture
• China Fishery Group
• Baiyang Investment Group
• Hainan Xiangtai Fishery
• Nile Aqua
• Wada Farms
• American Pride Seafoods
• Aquamaof Aquaculture Technologies
Q5. Which tilapia market segment will be the largest in future?
Answer: Lucintel forecasts that farmed will remain the larger segment over the forecast period due to refined and systematic production techniques employed in aquaculture farms.
Q6. In tilapia market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to vast aquaculture sector of the nation, bolstered by government programs and developments in growing technologies.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the tilapia market by farmed vs wild capture (farmed and wild capture), specie (nile tilapia, tilapias nei, blue nile tilapia, mozambique tilapia, and others), product (frozen fillets, whole fish, fresh fillets, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Tilapia Market, Tilapia Market Size, Tilapia Market Growth, Tilapia Market Analysis, Tilapia Market Report, Tilapia Market Share, Tilapia Market Trends, Tilapia Market Forecast, Tilapia Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.