Global Tilapia Market 2020-2024 | Evolving Opportunities with Blue Gulf Seafoods Co. Ltd. and Hainan Qinfu Foods Co. Ltd. | Technavio

Technavio announced its latest market research report titled global tilapia Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The global tilapia market is poised to grow by USD 1.94 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. Request free sample pages

Read the 120-page report with TOC on "Tilapia Market Analysis Report by Product (Nile tilapia, Blue tilapia, and Mozambique tilapia), by Geographic segmentation (North America, APAC, Europe, South America and MEA), and the Segment Forecasts, 2020-2024".

https://www.technavio.com/report/tilapia-market-industry-analysis

The market is driven by the growing demand for processed seafood. In addition, the increasing demand from athletes and bodybuilders is anticipated to boost the growth of the tilapia market.

Increasing awareness about the importance of healthy food along with the challenges of a busy lifestyle are factors encouraging consumers to rely on the consumption of protein-rich processed seafood such as canned and frozen tilapia. Tilapia is rich in essential nutrients, such as proteins, vitamins, and minerals. Canned and frozen tilapia is convenient as it is easy to cook. Wide varieties of tilapia products such as frozen whole tilapia and tilapia fillets are considered as a staple diet in many geographies and cultures. Thus, the growing demand for processed seafood is expected to drive market growth during the forecast period.

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Major Five Tilapia Market Companies:

Blue Gulf Seafoods Co. Ltd.

Blue Gulf Seafoods Co. Ltd. operates the business under various segments such as Tilapia, Squid, WR Fish, WR Squid, and Others. The company provides nine varieties of tilapia products such as tilapia fillet, deep skinned tilapia fillet, skin on tilapia fillet, WGS tilapia, IVP tilapia fillet, gutted scaled tilapia, IWP tilapia, and tilapia plain box.

Hainan Qinfu Foods Co. Ltd.

Hainan Qinfu Foods Co. Ltd. offers products through the following business units: Tilapia fillets, Tilapia whole, Tilapia others, and Red tilapia. The company provides tilapia fillet deep skin, tilapia fillet shallow skin, tilapia fillet skin on, tilapia fillet super deep, gift box of tilapia fillet, and package case of tilapia products.

Hainan Xiangtai Fishery Co. Ltd.

Hainan Xiangtai Fishery Co. Ltd. operates under various business segments, namely Export trade channels, Distribution and catering channels, and Retail and ecommerce channels. The company provides tilapia fillet, tail with tilapia fillet, shredded tilapia fillet, deep tilapia fillet, breaded fish steak, raw tilapia, and tilapia fishes.

IBCO Ltd.

IBCO Ltd. offers products through the following business segments: Speciality seafood, Vegetables, Confectionaries, and Finger Foods. The company provides tilapia fillets.

Mah Protein, Inc.

Mah Protein, Inc. offers products through the following business segments: Domestic products and Export products. The company provides various types tilapia fishes.

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Tilapia Market Product Outlook (Revenue, USD Billion, 2020-2024)

  • Nile tilapia
  • Blue tilapia
  • Mozambique tilapia

Tilapia Market Geographic Outlook (Revenue, USD Billion, 2020-2024)

  • North America
  • APAC
  • Europe
  • South America
  • MEA

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Consumer Staples Include:

Crayfish Market – Global Crayfish Market by type (farmed crayfish and wild crayfish) and geography (APAC, Europe, MEA, North America, and South America).

Fish and Seafood Market in Romania – Fish and Seafood Market in Romania by product (fresh and chilled, ambient, frozen, and others) and distribution channel (supermarkets and hypermarkets, convenience stores, specialty stores, and others).

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com

Release Summary

The global tilapia market is poised to grow by USD 1.94 billion during 2020-2024, according to Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: https://www.technavio.com