PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1312398
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1312398
Tilapia Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global tilapia market is experiencing a steady growth as an increasing number of consumers recognize the health benefits of including this fish in their daily diets. Tilapia is known for being an excellent source of essential nutrients such as phosphorus, B12, potassium, selenium, and niacin. While it has long been a staple in tropical and subtropical diets, its popularity is now spreading to other parts of the world. Tilapia's affordability, rich nutrients, and availability in fresh and frozen formats have contributed to its global preference. Fairfield Market Research's latest report projects a positive outlook for the market as healthy living and conscious consumption become priorities for many.
Fish Farming Drives Tilapia Market Growth
The rise of aquaculture is expected to have a significant impact on the global tilapia market. WorldFish predicts a 40% increase in aquaculture by 2030 to meet the growing demand for fish consumption. In light of the food crisis, fish farming will play a crucial role in boosting tilapia cultivation. The ease of rearing tilapia makes it a favored choice for fish farmers, particularly in freshwater environments. As a natural protein source, tilapia farming is expected to gain momentum in the coming years.
Growing Demand for Farmed Tilapia
The demand for farmed tilapia is projected to surge in the coming years due to its widespread availability for regular consumption. As tilapia becomes a heavily farmed fish, its consumption is expected to rise significantly during the forecast period. Tilapia farming is likely to expand in tropical countries where the species thrives in warmer weather. This is expected to drive higher consumption in countries like India, China, and other Southeast Asian nations.
Nile Tilapia Leading the Way
Among tilapia species, the Nile tilapia is anticipated to outperform others due to its ease of farming. Requiring a minimum temperature of 24°C for breeding, the Nile tilapia is simple to rear, making it suitable for farming beyond tropical regions with minimal temperature control. Large-scale aquaculture of Nile tilapia is expected to improve its affordability, further boosting its sales during the forecast period. As a result, the Nile tilapia segment is expected to remain ahead of other species, including Mozambique tilapia, blue tilapia, and Wami tilapia.
Asia Pacific Driving the Global Tilapia Market
Geographically, the Asia Pacific region is set to lead the global tilapia market between 2021 and 2026. China, a key tilapia producer, is also a major supplier to the U.S. With its rich protein content, tilapia has gained significant attention in the Indian aquaculture market as well. According to the FAO, China contributed 66% to global tilapia production in 2020, reaching 4.55 million tonnes. India is also expected to play a critical role in the Asia Pacific tilapia market as fish consumption continues to increase.
Key Players
Some of the key players operating in the global tilapia market include: Ananda Aqua Exports Pvt. Ltd., Guangdong Gourmet Aquatic Products Co. Ltd., Blue Ridge Aquaculture Inc., Regal Springs Tilapia, Hainan Xiangtai Fishery Co., Ltd., Baiyang Aquatic Group, Amyco Group Limited., Netuno Internacional SA., Beihai Evergreen Aquatic Product Science & Technology Co. Ltd., and Mazzetta Company LLC.
Table of Contents
1. Executive Summary
- 1.1. Global Tilapia Market: Snapshot
- 1.2. Future Projections, 2023 - 2030, (US$ Mn)
- 1.3. Key Market Trends
2. Market Overview
- 2.1. Market Definitions and Segmentation
- 2.2. Market Dynamics
- 2.2.1. Driver
- 2.2.2. Restraint
- 2.2.3. Industry Challenges & Opportunities
- 2.3. Market Forces Analysis
- 2.3.1. Value Chain Analysis
- 2.3.2. Porters Five Forces Analysis
- 2.4. Challenges and Solutions
- 2.5. Supply Chain Impact Analysis
- 2.6. COVID-19 Impact Analysis
- 2.6.1. Pre and Post Covid-19 Analysis
- 2.7. Government Regulations
- 2.8. Trade Policies (Import/Export)
- 2.9. Economic Analysis
3. Global Tilapia Market Outlook, 2019 - 2030
- 3.1. Global Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 3.1.1. Key Highlights
- 3.1.1.1. Blue Tilapia
- 3.1.1.2. Nile Tilapia
- 3.1.1.3. Mozambique Tilapia
- 3.1.1.4. Tilapias Nei
- 3.1.1.5. Other
- 3.1.1. Key Highlights
- 3.2. Global Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 3.2.1. Key Highlights
- 3.2.1.1. Whole Frozen Fish
- 3.2.1.2. Fresh Fillets
- 3.2.1.3. Frozen Fillets
- 3.2.1.4. Dried Fillets
- 3.2.1. Key Highlights
- 3.3. Global Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 3.3.1. Key Highlights
- 3.3.1.1. Direct Sales
- 3.3.1.2. Specialty Food Stores
- 3.3.1.3. Wholesale Stores
- 3.3.1.4. Online Retails
- 3.3.1.5. Other
- 3.3.1. Key Highlights
- 3.4. Global Tilapia Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 3.4.1. Key Highlights
- 3.4.1.1. North America
- 3.4.1.2. Europe
- 3.4.1.3. Asia Pacific
- 3.4.1.4. Latin America
- 3.4.1.5. Middle East & Africa
- 3.4.2. Market Attractiveness Analysis
- 3.4.1. Key Highlights
4. North America Tilapia Market Outlook, 2019 - 2030
- 4.1. North America Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 4.1.1. Key Highlights
- 4.1.1.1. Blue Tilapia
- 4.1.1.2. Nile Tilapia
- 4.1.1.3. Mozambique Tilapia
- 4.1.1.4. Tilapias Nei
- 4.1.1.5. Other
- 4.1.1. Key Highlights
- 4.2. North America Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 4.2.1. Key Highlights
- 4.2.1.1. Whole Frozen Fish
- 4.2.1.2. Fresh Fillets
- 4.2.1.3. Frozen Fillets
- 4.2.1.4. Dried Fillets
- 4.2.1. Key Highlights
- 4.3. North America Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 4.3.1. Key Highlights
- 4.3.1.1. Direct Sales
- 4.3.1.2. Specialty Food Stores
- 4.3.1.3. Wholesale Stores
- 4.3.1.4. Online Retails
- 4.3.1.5. Other
- 4.3.1. Key Highlights
- 4.4. North America Tilapia Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 4.4.1. Key Highlights
- 4.4.1.1. U.S.
- 4.4.1.2. Canada
- 4.4.1. Key Highlights
5. Europe Tilapia Market Outlook, 2019 - 2030
- 5.1. Europe Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 5.1.1. Key Highlights
- 5.1.1.1. Blue Tilapia
- 5.1.1.2. Nile Tilapia
- 5.1.1.3. Mozambique Tilapia
- 5.1.1.4. Tilapias Nei
- 5.1.1.5. Other
- 5.1.1. Key Highlights
- 5.2. Europe Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 5.2.1. Key Highlights
- 5.2.1.1. Whole Frozen Fish
- 5.2.1.2. Fresh Fillets
- 5.2.1.3. Frozen Fillets
- 5.2.1.4. Dried Fillets
- 5.2.1. Key Highlights
- 5.3. Europe Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 5.3.1. Key Highlights
- 5.3.1.1. Direct Sales
- 5.3.1.2. Specialty Food Stores
- 5.3.1.3. Wholesale Stores
- 5.3.1.4. Online Retails
- 5.3.1.5. Other
- 5.3.1. Key Highlights
- 5.4. Europe Tilapia Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 5.4.1. Key Highlights
- 5.4.1.1. Germany
- 5.4.1.2. France
- 5.4.1.3. U.K.
- 5.4.1.4. Italy
- 5.4.1.5. Rest of Europe
- 5.4.2. BPS Analysis/Market Attractiveness Analysis
- 5.4.1. Key Highlights
6. Asia Pacific Tilapia Market Outlook, 2019 - 2030
- 6.1. Asia Pacific Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 6.1.1. Key Highlights
- 6.1.1.1. Blue Tilapia
- 6.1.1.2. Nile Tilapia
- 6.1.1.3. Mozambique Tilapia
- 6.1.1.4. Tilapias Nei
- 6.1.1.5. Other
- 6.1.1. Key Highlights
- 6.2. Asia Pacific Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 6.2.1. Key Highlights
- 6.2.1.1. Whole Frozen Fish
- 6.2.1.2. Fresh Fillets
- 6.2.1.3. Frozen Fillets
- 6.2.1.4. Dried Fillets
- 6.2.1. Key Highlights
- 6.3. Asia Pacific Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 6.3.1. Key Highlights
- 6.3.1.1. Direct Sales
- 6.3.1.2. Specialty Food Stores
- 6.3.1.3. Wholesale Stores
- 6.3.1.4. Online Retails
- 6.3.1.5. Other
- 6.3.1. Key Highlights
- 6.4. Asia Pacific Tilapia Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 6.4.1. Key Highlights
- 6.4.1.1. China
- 6.4.1.2. Japan
- 6.4.1.3. South Korea
- 6.4.1.4. India
- 6.4.1.5. Rest of Asia Pacific
- 6.4.2. BPS Analysis/Market Attractiveness Analysis
- 6.4.1. Key Highlights
7. Latin America Tilapia Market Outlook, 2019 - 2030
- 7.1. Latin America Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 7.1.1. Key Highlights
- 7.1.1.1. Blue Tilapia
- 7.1.1.2. Nile Tilapia
- 7.1.1.3. Mozambique Tilapia
- 7.1.1.4. Tilapias Nei
- 7.1.1.5. Other
- 7.1.1. Key Highlights
- 7.2. Latin America Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 7.2.1. Key Highlights
- 7.2.1.1. Whole Frozen Fish
- 7.2.1.2. Fresh Fillets
- 7.2.1.3. Frozen Fillets
- 7.2.1.4. Dried Fillets
- 7.2.1. Key Highlights
- 7.3. Latin America Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 7.3.1. Key Highlights
- 7.3.1.1. Direct Sales
- 7.3.1.2. Specialty Food Stores
- 7.3.1.3. Wholesale Stores
- 7.3.1.4. Online Retails
- 7.3.1.5. Other
- 7.3.1. Key Highlights
- 7.4. Latin America Tilapia Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 7.4.1. Key Highlights
- 7.4.1.1. Brazil
- 7.4.1.2. Mexico
- 7.4.1.3. Rest of Latin America
- 7.4.2. BPS Analysis/Market Attractiveness Analysis
- 7.4.1. Key Highlights
8. Middle East & Africa Tilapia Market Outlook, 2019 - 2030
- 8.1. Middle east & Africa Tilapia Market Outlook, by Species Type, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 8.1.1. Key Highlights
- 8.1.1.1. Blue Tilapia
- 8.1.1.2. Nile Tilapia
- 8.1.1.3. Mozambique Tilapia
- 8.1.1.4. Tilapias Nei
- 8.1.1.5. Other
- 8.1.1. Key Highlights
- 8.2. Middle East & Africa Tilapia Market Outlook, by Form, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 8.2.1. Key Highlights
- 8.2.1.1. Whole Frozen Fish
- 8.2.1.2. Fresh Fillets
- 8.2.1.3. Frozen Fillets
- 8.2.1.4. Dried Fillets
- 8.2.1. Key Highlights
- 8.3. Middle East & Africa Tilapia Market Outlook, by Sales Channel, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 8.3.1. Key Highlights
- 8.3.1.1. Direct Sales
- 8.3.1.2. Specialty Food Stores
- 8.3.1.3. Wholesale Stores
- 8.3.1.4. Online Retails
- 8.3.1.5. Other
- 8.3.1. Key Highlights
- 8.4. Middle East & Africa Tilapia Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2019 - 2030
- 8.4.1. Key Highlights
- 8.4.1.1. GCC
- 8.4.1.2. South Africa
- 8.4.1.3. Rest of Middle East & Africa
- 8.4.2. BPS Analysis/Market Attractiveness Analysis
- 8.4.1. Key Highlights
9. Competitive Landscape
- 9.1. Company Market Share Analysis, 2022
- 9.2. Competitive Dashboard
- 9.3. Company Profiles
- 9.3.1. Blue Ridge Aquaculture, Inc.
- 9.3.1.1. Company Overview
- 9.3.1.2. Species Type Portfolio
- 9.3.1.3. Financial Overview
- 9.3.1.4. Business Strategies and Development
- 9.3.2. Til-Aqua International
- 9.3.3. Baiyang Aquatic Group
- 9.3.4. Hainan Sky-Blue Ocean Foods Co.
- 9.3.5. Mazzetta Company, LLC
- 9.3.6. Global Fish
- 9.3.7. Hebei Zhongjie Breeding Co. Ltd.
- 9.3.8. Netuno International S/A
- 9.3.9. Tongwei Co.
- 9.3.10. North Atlantic Fish Co. Inc.
- 9.3.11. Other
- 9.3.1. Blue Ridge Aquaculture, Inc.
10. Appendix
- 10.1. Acronyms and Abbreviations
- 10.2. Research Scope & Assumptions
- 10.3. Research Methodology and Information Sources
