Tilapia Market Volume Forecast and Value Chain Analysis 2018 to 2028

Tilapia Market Outlook

With increasing penetration of processed and fresh fish into western market, tilapia has a pivotal role in the growth of it. Widely accepted taste and flavor and ease of processing resulted in a widespread demand for tilapia globally. China is the leading producer of the major tilapia species in the global tilapia market. Tilapia is a common name for the cichlid fish, widely classified under finfishes. The tilapia fish market is largely dominated by the Nile variant and globally, the major production is supported by the aquaculture production system. A substantial volume of tilapia is consumed as fresh and rest is processed for various frozen application increasing its shelf life thus making it easy to export into the western market.

Tilapia Market: Reasons for Covering this Title

Increasing adaption of healthy food habit and preference over fishery and seafood products by the consumers to obtain daily protein needs has resulted in increased consumption in the urban regions. The recent wave of processed fish and seafood products into the retail and other storefronts has attracted a lot of attention from the major producers to participate in the market. From a traditional and isolated demand demography, the tilapia market has successfully entered into the mainstream global processed food product. Further increase of tilapia consumption in unique regions such as Iran, which increased import of tilapia to 10,856 MT in 2015 which was calculated to be 15.4% increase from the previous year’s import supports the fact that tilapia is getting a lot of traction and new product offerings by players is expected to enter the market is substantial quantity over the forecast period.

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Global Tilapia Market: Segmentation

On the basis of nature, the global tilapia market has been segmented as –

Organic
Conventional

On the basis of Origin, the global tilapia market has been segmented as –

Capture
Aquaculture

On the basis of species, the global tilapia market has been segmented as –

Nile tilapia
Silver perch
Mojarra plateada
Others

On the basis of end-use, the global tilapia market has been segmented as –

Fresh and chilled
Frozen
Filleted
Breaded
Others

On the basis of distribution channel, the global tilapia market has been segmented as –

Direct
Indirect
Modern Trade
Departmental Store
Online Store
Fish Shops
Others

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Global Tilapia Market: Key Players

Some of the key players operating in the global tilapia market are Zhejiang Jiahua Group Co., Ltd, Royal Supreme Seafood, Zhanjimng Go-Harvest, HQ Sustainable Maritime Industries, Inc., Fortuna Sea, Luye Fisheries, Hainan Golden Spring Foods, Nanning Far-East Farm & Fishery Development Corp., XinXin (Zhongshan Foodstuffs & Aquatic Imp. & Exp. Group Co., Ltd.), SIMARON TILAPIA FARM, E & T Farms Inc., Blue Ridge Aquaculture, Inc., Regal Springs Tilapia, Siagro S.A, Aqua Malta, azenda Santa Isabel, Piscicultura Aquabel, Agua Santa Aquicultura, and Bolsa do Peixe.

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This release was published on openPR.