Tilapia Market Overview:
According to the latest report by IMARC Group, titled “Tilapia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global tilapia market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global tilapia market is expected to exhibit a strong growth during 2022-2027. Tilapia is a popular farm-raised fish that belongs to the Cichlidae family. It is generally found in freshwater ponds, shallow streams, lakes and rivers. It is a hardy herbivorous fish that feeds on small aquatic plant cells. Tilapia is also fast-growing, tolerant of stocking density, and adaptable to any environment. It is an excellent source of protein, omega-3 and omega-6 fats, calcium, phosphorous, potassium, niacin, and selenium. It has a low to moderate fat content and is inexpensive compared to other seafood. As a result, tilapia is gaining popularity among different income level groups.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Tilapia Market Trends:
The global tilapia market is primarily driven by the expanding aquaculture industry and growing demand for seafood. The associated health benefits offered tilapia, such as strengthening the heart and bone health, improving brain function and preventing weight gain, are also propelling the market growth. Apart from this, the increasing applications of tilapia in pharmaceuticals, dietary supplements, and the leather industry is escalated its demand.
Tilapia skin is also used in the healthcare industry to heal second and third-degree burns and prevent scarring. Furthermore, several manufacturers are introducing frozen and canned varieties of whole and fillet tilapia products. On account of these factors, the market is expected to significantly impact the market growth in the upcoming years.
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Key Market Segmentation Breakup by:
- Frozen Fillets
- Whole Fish
- Fresh Fillets
Farmed Vs Wild Capture:
- Wild Capture
- Nile Tilapia
- Tilapias Nei
- Blue Nile Tilapia
- Mozambique Tilapia
The competitive landscape of the market has also been examined, along with the detailed profiles of the key players operating in the market.
Breakup by Region:
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Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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