Tilapia Market Is Slated To Reach A Revenue Of US$ 22.3 Billion By 2033
The global tilapia market currently enjoys a value of US$ 14.1 billion and is forecasted to reach a size of US$ 22.3 billion by the end of 2033. Global demand for tilapia fish is projected to increase at 4.6% CAGR over the next ten years.
Fact.MR, in its latest business intelligence study, depicts
the nuts and bolts of the global Tilapia Market. The report presents detailed
information regarding the drivers, restraints, opportunities and trends
affecting market growth.
Each segment along with its sub-segment is analyzed in terms
of value and volume. Further, the report elaborates the market behavior of each
vendor operating in the Tilapia Market.
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Key findings of the Tilapia Market study:
- Regional
breakdown of the Tilapia Market based on predefined taxonomy.
- Innovative
manufacturing processes implemented by Tilapia vendors in detail.
- Region-wise
and country-wise fragmentation of the Tilapia to grasp the revenue, and
growth outlook in these areas.
- Changing
preferences among consumers across various regions and countries.
- Factors
(Positive and Negative) impacting the growth of the global Tilapia Market
Key Companies Profiled
- Netuno
Internacional S/A
- Beihai
Evergreen Aquatic Product Science & Technology Co. Ltd.
- Baiyang
Aquatic Group
- Mazzetta
Company LLC
- Hainan
Xiangtai Fishery Co. Ltd.
- Guangdong
Gourmet Aquatic Products Co. Ltd.
- Blue
Ridge Aquaculture Inc.
- Regal
Springs Tilapia
- Ananda
Aqua Exports Private Limited
- North
Atlantic Fish Co. Inc.
Competitive Landscape
Key tilapia suppliers are focusing on expanding their
business potential by acquiring new capital and launching new initiatives to
meet the increasing demand for tilapia fish.
- In
October 2022, Tilabras, a Brazilian tilapia fish producer announced that
it had secured US$ 9.7 million from Ocean 14 Capital, a
London-based private equity impact investment fund. The investment was
made on the grounds of sustainability and environment conservation as
Ocean 14 looks to expand its portfolio in the same direction and Tilabras
practices sustainable aquaculture.
- In
December 2022, FAI Farms, a multi-disciplinary team of farmers and
scientists working on improving food security and maintaining
sustainability announced the launch of its new free-to-use tilapia welfare
application. The application was developed by FAI while working with
farmers and scientists from China, Brazil, and Thailand. The app uses
scientifically validated welfare indicators for nutrition, behavior, and
fish health.
Key Segments Covered in Tilapia Industry Research
- By
Form :
- Dried
Tilapia Fillets
- Fresh
or Chilled Tilapia Fillets
- Frozen
Tilapia Fillets
- Frozen
Whole Tilapia
- By
Species :
- Nile
Tilapia
- Blue
Tilapia
- Mozambique
Tilapia
- Wami
Tilapia
- By
Catch :
- Wild
Catch
- Aquaculture
- By
Sales Channel :
- Direct
Sales
- Retail
Sales
- Modern
Trade
- Convenience
Stores
- Specialty
Food Stores
- Wholesale
Stores
- Discount
Stores
- Online
Retail
- Other
Retail Stores
- By
Region :
- North
America
- Latin
America
- Europe
- APAC
- MEA
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Queries addressed in the Product Lifecycle Management
market report:
- Why
are the Tilapia Market players targeting region for increased product
sales?
- What
patented technologies are the players utilizing in the global Tilapia
Market?
- Which
regions are displaying the fastest growth in the Tilapia Market?
- What
are the underlying micro- macroeconomic factors affecting the global
Tilapia Market?
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