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Global $9.2 Billion Tilapia Market to 2027: Accelerated Development of Aquaculture has Catalysed the Growth of the Market


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Global Tilapia Market is expected to reach US$ 9.2 Billion by 2027, from US$ 7.9 Billion in 2020
Tilapia Industry globally is expected to grow with a CAGR of 2.20% from 2020 to 2027.
Tilapia is a genus of Cichlidae family and is mainly freshwater fish that resides in shallow streams, ponds, rivers and lakes. Globally, Tilapia is one of the numerous consumed farmed fishes.
Historically, this versatile fish was of prominent influence in mainly African and Middle Eastern provinces. But now, it is absorbed globally and gaining popularity in Asian and American countries. It is reasonable and mild in taste, making it a suitable replacement for costly options like salmon.  ....

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Global $23.4 Billion Shrimp Market to 2026


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Worldwide Shrimp Market was US$ 18.30 Billion in 2020 and is expected to be US$ 23.4 Billion by 2026
Shrimp is considered one of the most commonly consumed seafood. In recent years, it gets popular among seafood lovers.
Globally, shrimp are available in numerous species such as L. vannamei, P. monodon, and M. rosenbergii; these all are sold under the single term - pawns. These are popular in the international market, and many countries are encouraging shrimp production by giving incentives to farmers and offering fiscal reliefs. India, China, Vietnam, Indonesia, Thailand and Ecuador are some major shrimp producing country. Shrimp is a highly imported seafood from China because of farm-raised shrimp aquaculture. ....

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