Bharat Book Bureau Provides the Trending Market Research Report on “Global Tilapia Market by Manufacturers, Regions, Type and Application, Forecast to 2023” under Food & Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Tilapiais the common name for nearly a hundred species of cichlid fish from the tilapiine cichlid tribe , Tilapia are mainly freshwater fish inhabiting shallow streams, ponds, rivers and lakes and less commonly found living in brackish water.
Scope of the Report:
This report focuses on the Tilapia in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Major factors driving growth of this market include the Rising population, rising awareness of healthy consumption and growth in per capita income in emerging markets. However, Pond rent increases, water pollution, Lack of good breeding technology in emerging economies, and lack of Technology for deep processing of food are expected to restrain the growth of this market.
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Asia-Pacific market is expected to become the fastest growing market, increasing product availability is the key point.
Asia-Pacific is poised to grow at the highest CAGR during the forecast period owing to rising awareness about health care, increasing disposable income in this region, and rising focus of prominent players on the APAC market increasing diversification of product processing.
The average price will fall further
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 2 percent price erosion.
The worldwide market for Tilapia is expected to grow at a CAGR of roughly 1.7% over the next five years, will reach 12900 million US$ in 2023, from 11700 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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