Los Angeles, CA -- (SBWIRE) -- 06/11/2019 -- This report studies the global Tilapia market status and forecast, categorizes the global Tilapia market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

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 .

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.

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 global Tilapia market is valued at 11700 million US$ in 2017 and will reach 13400 million US$ by the end of 2025, growing at a CAGR of 1.8% during 2018-2025.

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The major manufacturers covered in this report

China

Egypt

USA

Indonesia

Philippines

Thailand

Brazil

Viet Nam

Colombia

Ecuador

Myanmar

Malaysia

Uganda

Bangladesh

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Tilapia

Tilapia fillet

By Application, the market can be split into

Fresh

Freezing

Food Processing

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