Global Tilapia Market 2018-2022

Global Tilapia Market 2018-2022

About Tilapia

Tilapia is the common name for various species of cichlid fish from the Tilapiine cichlid tribe. It is an herbivorous fish that feeds on algae or small aquatic plant cells, and is primarily raised in freshwater systems using cages, ponds, raceways, or open waters.

Technavio’s analysts forecast the Global Tilapia Market to grow at a CAGR of 5.13% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global tilapia market. To calculate the market size, the report considers the revenue generated from the sales of tilapia.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, global tilapia market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Baiyang Investment Group
• Goulian Group
• Hainan Qinfu Food
• HAINAN XIANGTAI FISHERY
• Zhenye Fish&Foods Group

Market driver

• Growing demand for processed seafood
• For a full, detailed list, view our report

Market challenge

• Product recalls
• For a full, detailed list, view our report

Market trend

• Growing prospects in e-commerce
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Tilapia Market 2018-2022

Technavio recognizes the following companies as the key players in the global tilapia market: Baiyang Investment Group, Goulian Group, Hainan Qinfu Food, HAINAN XIANGTAI FISHERY, and Zhenye Fish&Foods Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increasing demand from athletes and bodybuilders.”

According to the report, one driver influencing this market is the growth in land-based aquaculture practices. Land-based aquaculture is expensive than marine aquaculture; however, it can eliminate many environmental problems associated with sea cage aquaculture.

Further, the report states that one challenge affecting this market is the overexploitation and depletion of fish stocks. Overfishing is illegal, unregulated, and unreported fishing.

Companies Mentioned

Baiyang Investment Group
Goulian Group
Hainan Qinfu Food
HAINAN XIANGTAI FISHERY
Zhenye Fish&Foods Group