Market Overview:
The global tilapia market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for tilapia as a healthy food option and its rising popularity among consumers. Additionally, the increasing demand for frozen and processed tilapia products is also contributing to the growth of the market. On the basis of type, fresh tilapia held a major share of the global Tilapia Market in 2017. However, frozen and processed Tilapias are projected to grow at a higher CAGR during 2018-2030 owing to their growing demand as convenient food items across regions. On account of this, fresh Tilapiain value share is estimated shrink by 2021 while that for frozen & processed Tilapiastarts gaining prominence over forecast period (2018-2030).
Product Definition:
Tilapia is a common name for dozens of different fish species that are all closely related. Tilapias are usually freshwater fish, but some can tolerate salt water. They typically have a deep, flattened body and a long, pointed snout. Tilapias are omnivorous and eat both plants and animals. They are an important food fish in many parts of the world.
Tilapia:
Tilapia is a freshwater fish, which is also called as the Nile tilapia. It is of small-medium size with black and white bands on its body. The female fish has a longer body than the male one. Tilapia species are available in various sizes and colors across the world depending upon their geographical location, diet, and other environmental factors.
Tilapia fillet:
Tilapia fillet is a cut from the fish called tilapia. Tilapia is a freshwater fish of Africa and Middle East, grown in aquaculture in Egypt, India, and Bangladesh. Tilapia has been consumed by Egyptians for thousands of years; it was considered to be an important source of protein as well as an important part of their cultural diet.
Application Insights:
The fresh application segment led the global tilapia market in 2017 and is expected to witness significant growth over the forecast period. Tilapia is widely consumed as a food fish across various cuisines owing to its nutritional profile, including protein content, which makes it suitable for human consumption. Moreover, increasing consumer awareness regarding health benefits of omega 3 fatty acids present in tilapia has boosted product demand in fresh applications such as restaurants and retail channels.
Tilapias are increasingly being used for aquaculture purposes owing to their ability to adapt well with freshwater conditions and rapid growth rate; these factors have resulted in increased production of tilapias for aquaculture purposes over the past few decades.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumption of seafood in the region. The U.S., which is one of the major producers of tilapia, is expected to remain a key consumer for global tilapia industry over the forecast period.
The Middle East & Africa (MEA) accounted for a significant share in 2017 owing its large population base along with increasing per capita income levels especially among developing countries such as Saudi Arabia, UAE, Egypt.
Latin America also has potential growth opportunities due primarily expanding middle class population bases across Brazil, Argentina.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the global tilapia market.
- Rising disposable income of consumers in developing countries is propelling the demand for processed and frozen seafood products, including tilapia.
- The increasing popularity of sushi and other Asian cuisines is boosting the demand for fresh and frozen tilapia fillets worldwide.
- Growing awareness about the health benefits of consuming fish, especially those that are low in mercury content, is fueling the growth of the global tilapia market.
- The increasing use of aquaculture to produce seafood is providing a major impetus to the growth of the global tilapia market
Scope Of The Report
Report Attributes
Report Details
Report Title
Tilapia Market Research Report
By Type
Tilapia, Tilapia fillet
By Application
Fresh, Freezing, Food Processing
By Companies
China, Egypt, USA, Indonesia, Philippines, Thailand, Brazil, Viet Nam, Colombia, Ecuador, Myanmar, Malaysia, Uganda, Bangladesh
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Tilapia Market Report Segments:
The global Tilapia market is segmented on the basis of:
Types
Tilapia, Tilapia fillet
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fresh, Freezing, Food Processing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China
- Egypt
- USA
- Indonesia
- Philippines
- Thailand
- Brazil
- Viet Nam
- Colombia
- Ecuador
- Myanmar
- Malaysia
- Uganda
- Bangladesh
Highlights of The Tilapia Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tilapia
- Tilapia fillet
- By Application:
- Fresh
- Freezing
- Food Processing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tilapia Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tilapia is a freshwater fish that is commonly found in tropical and subtropical regions around the world. Tilapia are typically small, ranging from 2 to 4 inches in length, and have a smooth flesh with few bones. They are an excellent source of protein and omega-3 fatty acids, making them a healthy option for those looking for an affordable seafood meal.
Some of the key players operating in the tilapia market are China, Egypt, USA, Indonesia, Philippines, Thailand, Brazil, Viet Nam, Colombia, Ecuador, Myanmar, Malaysia, Uganda, Bangladesh.
The tilapia market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tilapia Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tilapia Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tilapia Market - Supply Chain
4.5. Global Tilapia Market Forecast
4.5.1. Tilapia Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tilapia Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tilapia Market Absolute $ Opportunity
5. Global Tilapia Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tilapia Market Size and Volume Forecast by Type
5.3.1. Tilapia
5.3.2. Tilapia fillet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tilapia Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tilapia Market Size and Volume Forecast by Application
6.3.1. Fresh
6.3.2. Freezing
6.3.3. Food Processing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tilapia Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tilapia Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tilapia Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tilapia Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tilapia Demand Share Forecast, 2019-2026
9. North America Tilapia Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tilapia Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tilapia Market Size and Volume Forecast by Application
9.4.1. Fresh
9.4.2. Freezing
9.4.3. Food Processing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tilapia Market Size and Volume Forecast by Type
9.7.1. Tilapia
9.7.2. Tilapia fillet
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tilapia Demand Share Forecast, 2019-2026
10. Latin America Tilapia Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tilapia Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tilapia Market Size and Volume Forecast by Application
10.4.1. Fresh
10.4.2. Freezing
10.4.3. Food Processing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tilapia Market Size and Volume Forecast by Type
10.7.1. Tilapia
10.7.2. Tilapia fillet
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tilapia Demand Share Forecast, 2019-2026
11. Europe Tilapia Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tilapia Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tilapia Market Size and Volume Forecast by Application
11.4.1. Fresh
11.4.2. Freezing
11.4.3. Food Processing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tilapia Market Size and Volume Forecast by Type
11.7.1. Tilapia
11.7.2. Tilapia fillet
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. y Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tilapia Demand Share, 2019-2026
12. Asia Pacific Tilapia Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tilapia Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tilapia Market Size and Volume Forecast by Application
12.4.1. Fresh
12.4.2. Freezing
12.4.3. Food Processing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tilapia Market Size and Volume Forecast by Type
12.7.1. Tilapia
12.7.2. Tilapia fillet
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tilapia Demand Share, 2019-2026
13. Middle East & Africa Tilapia Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tilapia Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tilapia Market Size and Volume Forecast by Application
13.4.1. Fresh
13.4.2. Freezing
13.4.3. Food Processing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tilapia Market Size and Volume Forecast by Type
13.7.1. Tilapia
13.7.2. Tilapia fillet
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tilapia Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tilapia Market: Market Share Analysis
14.2. Tilapia Distributors and Customers
14.3. Tilapia Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. China
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Egypt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. USA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Indonesia
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Philippines
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Thailand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brazil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Viet Nam
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Colombia
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ecuador
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Myanmar
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Malaysia
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Uganda
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bangladesh
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
