The global tilapia market exhibited moderate growth during 2015-2020. Tilapia belongs to the family ‘Cichlidae’ and is largely freshwater fish which dwells in shallow streams, ponds, rivers and lakes. Tilapia is one of the most consumed farmed fishes in the world. Historically, this versatile fish was of great importance in mainly African and the Middle Eastern regions. But now, it is consumed across the globe and gaining popularity in Asian and American countries. It is inexpensive and mild in taste which makes it a good substitute for expensive alternatives such as salmon.
The rapid expansion of aquaculture has catalysed the growth of the tilapia industry globally. Tilapia, being an ideal choice for fish farming, has now become the second most cultured species after carps. Since, it is omnivorous, hard and have good resistance to diseases, they are affordable and easy even for small farmers to grow. In addition to this, the growing health consciousness among people and demand for protein-rich diet also drive the demand for tilapia since it contains vitamin B, iron, vitamin D, selenium and omega-3 fatty acids. Moreover, the improvements in genetic technology, selective breeding and increasing government initiatives to support aquaculture business are also stimulating the growth of the tilapia market. Looking forward, IMARC Group expects the global tilapia market to grow at a CAGR of 6.1% during 2021-2026.
Report Scope
Market Breakup by Farmed Vs Wild Capture
Based on the farmed vs wild capture, farmed tilapia currently dominates the market and is followed by the wild tilapia.
Market Breakup by Region
- China
- Indonesia
- Egypt
- Bangladesh
- Philippines
- Brazil
- Thailand
- Others
Based on the region, China currently holds majority of the market share in the global tilapia market.
Market Breakup by Species
- Nile Tilapia
- Tilapias Nei
- Blue Nile Tilapia
- Mozambique Tilapia
- Others
Nile tilapia currently represents the leading segment, accounting for majority of the market share.
Market Breakup by Product
- Frozen Fillets
- Whole Fish
- Fresh Fillets
- Others
Frozen fillets currently represent the largest product type accounting for the highest market share.
Market Breakup by Sector
Based on the sector, the global tilapia market has been segmented into institutional and retail sector.
Competitive Landscape
The report has also examined the competitive landscape of the global tilapia market.
Key Questions Answered in This Report:
- How has the global tilapia market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global tilapia industry?
- What has been the impact of COVID-19 on the global tilapia industry?
- What is the breakup of global tilapia market based on the farmed vs wild capture?
- What is the breakup of global tilapia market based on the species?
- What is the breakup of global tilapia market based on the product?
- What is the breakup of global tilapia market based on the sector?
- What are the price trends of tilapia?
- What are the various stages in the value chain of the tilapia industry?
- What are the key driving factors and challenges in the tilapia industry?
- What is the structure of the tilapia industry and who are the key players?
- What is the degree of competition in the tilapia industry?
- How is tilapia processed?
According to the estimates by IMARC Group, the global tilapia market is expected to witness a CAGR of 6.1% during 2021 to 2026.
The growing consumer inclination towards protein-rich diet, including tilapia, that contains vitamin B, iron, vitamin D, selenium, and omega-3 fatty acids, represents one of the key drivers for the global tilapia market.
The rising popularity of selective breeding techniques, along with the introduction of numerous government initiatives to support aquaculture practices, represent some of the key trends in the global tilapia market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary halt in export and import activities of tilapia.
On the basis of the farmed vs wild capture, the market has been bifurcated into farmed and wild capture. Currently, farmed tilapia accounts for the majority of the market share.
On the basis of the species, the market has been divided into Nile Tilapia, Tilapias Nei, Blue Nile tilapia, Mozambique Tilapia, and others. Among these, Nile Tilapia represents the largest segment.
On the basis of the product, the market has been segmented into frozen fillets, whole fish, fresh fillets, and others. At present, frozen fillets exhibit a clear dominance in the market.
On the basis of the product, the market has been segmented into frozen fillets, whole fish, fresh fillets, and others. At present, frozen fillets exhibit a clear dominance in the market.
Region-wise, the market has been classified into China, Indonesia, Egypt, Bangladesh, Philippines, Brazil, Thailand, and others, where China dominates the global market.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Tilapia Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Market Breakup by Farmed Vs Wild Capture
5.5 Market Breakup by Region
5.6 Market Breakup by Species
5.7 Market Breakup by Product
5.8 Market Breakup by Sector
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.11.1 Overview
5.11.2 Broodstock and Hatchery
5.11.3 Tilapia Harvest
5.11.4 Auction
5.11.5 Primary Processing
5.11.6 Large Scale Industrial Processing
5.11.7 Packaging and Export
5.11.8 Distribution
5.11.9 End-Use
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Price Analysis
5.13.1 Key Price Indicators
5.13.2 Price Structure
5.13.3 Price Trends
6 Market Breakup by Farmed Vs Wild Capture
6.1 Farmed
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Wild Capture
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Region
7.1 China
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Indonesia
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Egypt
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Bangladesh
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Philippines
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Brazil
7.6.1 Market Trends
7.6.2 Market Forecast
7.7 Thailand
7.7.1 Market Trends
7.7.2 Market Forecast
7.8 Others
7.8.1 Market Trends
7.8.2 Market Forecast
8 Market Breakup by Species
8.1 Nile Tilapia
8.1.1 Market Trends
8.1.2 Market forecast
8.2 Tilapias Nei
8.2.1 Market Trends
8.2.2 Market forecast
8.3 Blue Nile Tilapia
8.3.1 Market Trends
8.3.2 Market forecast
8.4 Mozambique Tilapia
8.4.1 Market Trends
8.4.2 Market forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market forecast
9 Market Breakup by Product
9.1 Frozen Fillets
9.1.1 Market Trends
9.1.2 Market forecast
9.2 Whole Fish
9.2.1 Market Trends
9.2.2 Market forecast
9.3 Fresh Fillets
9.3.1 Market Trends
9.3.2 Market forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market forecast
10 Market Breakup by Sector
10.1 Institutional
10.1.1 Market Trends
10.1.2 Market forecast
10.2 Retail
10.2.1 Market Trends
10.2.2 Market forecast
11 Trade Data
11.1 Imports
11.2 Exports
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
13 Tilapia Processing
13.1 Product Overview
13.2 Detailed Process Flow
13.3 Various Types of Unit Operations Involved
13.4 Mass Balance and Raw Material Requirements
13.5 Key Success and Risk Factors
14 Profiles of Key Players
List of Figures
Figure 1: Global: Tilapia Market: Major Drivers and Challenges
Figure 2: Global: Tilapia Market: Production Volume (in Million Tons), 2015-2020
Figure 3: Global: Tilapia Market: Production Value (in Billion US$), 2015-2020
Figure 4: Global: Tilapia Market: Breakup by Farmed Vs Wild Capture (in %), 2020
Figure 5: Global: Tilapia Market: Breakup by Region (in %), 2020
Figure 6: Global: Tilapia Market: Breakup by Species (in %), 2020
Figure 7: Global: Tilapia Market: Breakup by Product (in %), 2020
Figure 8: Global: Tilapia Market: Breakup by Sector (in %), 2020
Figure 9: Global: Tilapia Market Forecast: Production Volume (in Million Tons), 2021-2026
Figure 10: Global: Tilapia Market Forecast: Production Value (in Billion US$), 2021-2026
Figure 11: Global: Tilapia Industry: SWOT Analysis
Figure 12: Global: Tilapia Industry: Value Chain Analysis
Figure 13: Global: Tilapia Industry: Porter’s Five Forces Analysis
Figure 14: Tilapia Market: Average Prices (in US$/Ton), 2015-2020
Figure 15: Tilapia Market Forecast: Average Prices (in US$/Ton), 2021-2026
Figure 16: Global: Farmed Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 17: Global: Farmed Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 18: Global: Wild Captured Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 19: Global: Wild Captured Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 20: China: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 21: China: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 22: Indonesia: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 23: Indonesia: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 24: Egypt: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 25: Egypt: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 26: Bangladesh: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 27: Bangladesh: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 28: Philippines: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 29: Philippines: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 30: Brazil: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 31: Brazil: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 32: Thailand: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 33: Thailand: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 34: Others: Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 35: Others: Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 36: Global: Nile Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 37: Global: Nile Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 38: Global: Tilapias Nei Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 39: Global: Tilapias Nei Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 40: Global: Blue Nile Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 41: Global: Blue Nile Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 42: Global: Mozambique Tilapia Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 43: Global: Mozambique Tilapia Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 44: Global: Other Species Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 45: Global: Other Species Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 46: Global: Frozen Tilapia Fillets Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 47: Global: Frozen Tilapia Fillets Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 48: Global: Whole Tilapia Fish Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 49: Global: Whole Tilapia Fish Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 50: Global: Fresh Tilapia Fillets Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 51: Global: Fresh Tilapia Fillets Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 52: Global: Other Product Forms Market: Production Volume (in 000’ Tons), 2015 & 2020
Figure 53: Global: Other Product Forms Market Forecast: Production Volume (in 000’ Tons), 2021-2026
Figure 54: Global: Tilapia Market (Institutional Sector): Volume (in 000’ Tons), 2015 & 2020
Figure 55: Global: Tilapia Market Forecast (Institutional Sector): Volume (in 000’ Tons), 2021-2026
Figure 56: Global: Tilapia Market (Retail Sector): Volume (in 000’ Tons), 2015 & 2020
Figure 57: Global: Tilapia Market Forecast (Retail Sector): Volume (in 000’ Tons), 2021-2026
Figure 58: Tilapia Processing: Detailed Process Flow
Figure 59: Tilapia Processing: Various Types of Unit Operations Involved
List of Tables
Table 1: Global: Tilapia Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Tilapia Market Forecast: Breakup by Farmed Vs Wild Capture (in 000’ Tons), 2021-2026
Table 3: Global: Tilapia Market Forecast: Breakup by Region (in 000’ Tons), 2021-2026
Table 4: Global: Tilapia Market Forecast: Breakup by Species (in 000’ Tons), 2021-2026
Table 5: Global: Tilapia Market Forecast: Breakup by Product (in 000’ Tons), 2021-2026
Table 6: Global: Tilapia Market Forecast: Breakup by Sector (in 000’ Tons), 2021-2026
Table 7: Global: Tilapia Market Structure
Table 8: Global: Tilapia Market: Key Players