Tilapia Market Overview, Geographical Segmentation, Industry Size & Share, complete Analysis to 2027
Tilapia Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Whole, Cuts, Others); Category (Frozen, Fresh, Others); Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online retail, Others) and Geography
tipApril 13, 2021 3
Tilapia is a farmed fish that can’t found in the wild, but it offers essential nutrients, like satiating protein and heart-healthy omega-3 fatty acids. Tilapia is an excellent source of omega-3 fatty acids and protein, both of which are important for good health. Choosing tilapia from a reliable source can reduce the risks to health.
The tilapia market has witnessed significant growth due to the rise in total fish food consumption. Moreover, rising demand for fish-based protein is increasing the market value for tilapia across the world provides a huge market opportunity for the key players operating in the tilapia ma
Share this article
Share this article
NEW YORK, Jan. 29, 2021 /PRNewswire/ According to a latest study by global research and consulting firm Fact.MR, the tilapia market is expected to generate significant gains in 2021 over 2020, underpinned by heightened reliance on seafood-based protein intake by consumers. Growth for the next decade is likely to remain optimistic, registering a steady CAGR from 2021-2031.
As per Fact.MR s analysis, the scope for tilapia suppliers and manufacturers has aggrandized significantly since the past 5 years. A United Nations report published in 2018 inferred that over 3 billion people rely on fish for a fifth of their total protein intake. Furthermore, the Food and Agricultural Organization estimated global fish production had reached around 179 million tons that same year. Market players are especially hopeful about acquiring massive gains across the Asia-Pacific region, attributed to the region s bountiful offerings of different fish species.