Tuesday, 02 January 2024 12:17 GMT

High Demand For Frozen Tilapia Fillets Is Forecast To Fuel Sales Over The Coming Years


(MENAFN- Ameliorate Digital Consultancy)

The global tilapia market currently enjoys a value of US$ 14.1 billion and is forecasted to reach a size of US$ 22.3 billion by the end of 2033. Global demand for tilapia fish is projected to increase at 4.6% CAGR over the next ten years.

Download Sample Copy of This Report :-

On the contrary, the second largest consumer – Russian Federation witnessed an increase in demand with a marginal volume consumption of 4 KT in the period of 2016-2017. Report opines that the Russian Federation tilapia market is expected to report a steady demand for tilapia through 2022 while presenting emerging opportunities for Chinese suppliers in the future.

Domestic consumption predominates the tilapia market where the loss in exports is countervailed by persistently rising demand in the domestic markets of producing countries. As the domestic consumption holds sway, Fact.MR clearly estimates the preeminence of domestic market prices over export prices in the profiled exporting countries during the forecast period.

According to the study, Greater China, the largest producer of the tilapia will maintain its dominion with an estimated production of 1989 KT in 2017, about 28% of the global production. While China continues to helm the production, global tilapia trade has witnessed increasing participation of other tilapia producing countries.

Key Companies Profiled

  • Netuno Internacional S/A
  • Beihai Evergreen Aquatic Product Science & Technology Co. Ltd.
  • Baiyang Aquatic Group
  • Mazzetta Company LLC
  • Hainan Xiangtai Fishery Co. Ltd.
  • Guangdong Gourmet Aquatic Products Co. Ltd.
  • Blue Ridge Aquaculture Inc.
  • Regal Springs Tilapia
  • Ananda Aqua Exports Private Limited
  • North Atlantic Fish Co. Inc.

Share Your Requirements & Get Customized Reports –

Tilapia Market Segmentation by Category

  • Form
    • Dried Tilapia Fillets
    • Fresh or Chilled Tilapia Fillets
    • Frozen Tilapia Fillets
    • Frozen Whole Tilapia
  • Species
    • Nile Tilapia
    • Blue Tilapia
    • Mozambique Tilapia
    • Wami Tilapia
  • Catch
    • Wild Catch
    • Aqua Culture
  • Region
    • North America
    • Latin America
    • Europe
    • Middle East and Africa (MEA)
    • East Asia
    • South Asia
    • Oceania

Access Research Methodology Prepared By Experts –

What research methodology we use at FactMR?

FactMR offers off-the-shelf (syndicated) market research reports as well as custom market research reports which are based on client's requirements. Besides, FactMR also maintains a vast repository of upcoming or work-in-progress market research reports, which are published at a stipulated time. Based on client requirements, these upcoming reports can be expedited.

How Fact.MR Assists in Making Strategic Moves?

The data provided in the Tilapia report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Why Choose Fact.MR?

  • Strong focus on delivering quality market reports
  • Round the clock customer service
  • Methodical and systematic approach while curating reports
  • Our aim is to help our clients meet their business targets

Read More Trending and Similar Reports from Fact.MR –

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583


MENAFN17012023004660010643ID1105442792



Ameliorate Digital Consultancy

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search