According to a market report by Lucintel, 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 understand Trends, opportunity and forecast in tilapia market to 2030 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).
In this market, farmed and wild capture are the major segments of tilapia market by farmed Vs wild capture. 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.
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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.
Regal Springs, Blue Ridge Aquaculture, Nireus Aquaculture, China Fishery Group, Baiyang Investment Group, Hainan Xiangtai Fishery, Nile Aqua, Wada Farms, American Pride Seafoods, and Aquamaof Aquaculture Technologies are the major suppliers in the tilapia market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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