Global Tilapia Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Nile Tilapia, Blue Tilapia, and Mozambique Tilapia.

By Form;

Fresh, Whole, Fillet, Processed, Canned, Frozen, and Whole.

By Sales Channel;

Direct Sales, Retail Sales, Modern Trade, Convenience Stores, Specialty Food Stores, Wholesale Stores Discount Stores, Online Retail, and Others.

By Application;

Food Industry, Pharmaceutical Industry, Animal Feed, Pet Food, Food Service, and Retail.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn869306277 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Tilapia Market (USD Million), 2021 - 2031

In the year 2024, the Global Tilapia Market was valued at USD 11,762.23 million. The size of this market is expected to increase to USD 15,158.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.

The global tilapia market is a significant segment within the aquaculture industry, characterized by its widespread cultivation and consumption worldwide. Tilapia, a freshwater fish native to Africa and the Middle East, has gained popularity due to its mild flavor, lean protein content, and ease of farming in various environmental conditions. It serves as a staple food fish in many regions and is prized for its affordability, nutritional value, and versatility in culinary applications. The increasing global demand for seafood, coupled with sustainable aquaculture practices, has driven the growth of the tilapia market as a vital source of protein for an expanding global population.

Key drivers of the tilapia market include its rapid growth rate, adaptability to different farming systems, and efficient feed conversion ratio, making it a cost-effective protein source for both small-scale and industrial aquaculture operations. The fish's ability to thrive in diverse water conditions, from freshwater ponds to brackish waters, has further facilitated its widespread cultivation across continents. Moreover, tilapia's nutritional profile, rich in omega-3 fatty acids and essential nutrients, has contributed to its appeal among health-conscious consumers seeking nutritious seafood options.

Asia Pacific dominates the global tilapia market, driven by major tilapia-producing countries such as China, Indonesia, and Bangladesh. These countries benefit from extensive aquaculture infrastructure, favorable climatic conditions, and significant investments in tilapia farming technologies. In North America and Europe, tilapia consumption has also risen steadily, supported by the fish's affordability and the growing preference for sustainable and responsibly sourced seafood products. Latin America and Africa are emerging markets for tilapia production, with increasing investments in aquaculture development and rising exports to meet global demand.

The global tilapia market continues to expand driven by its economic viability, nutritional benefits, and adaptability to diverse farming environments. As aquaculture practices evolve to meet sustainability goals and consumer preferences for healthy protein sources, tilapia remains poised to play a crucial role in meeting global seafood demands and addressing food security challenges worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Form
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Tilapia Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing global demand for seafood
        2. Cost-effectiveness in aquaculture production
        3. Nutritional benefits and health consciousness
      2. Restraints
        1. Environmental sustainability concerns
        2. Disease outbreaks in aquaculture farms
        3. Competition from other seafood products
      3. Opportunities
        1. Expansion in emerging markets
        2. Sustainable aquaculture practices
        3. Product diversification and value-added processing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Tilapia Market, By Product, 2021 - 2031 (USD Million)
      1. Nile tilapia
      2. Blue tilapia
      3. Mozambique tilapia
    2. Global Tilapia Market, By Form, 2021 - 2031 (USD Million)
      1. Fresh
        1. Whole
        2. Fillet
      2. Processed
        1. Canned
        2. Frozen
        3. Whole
    3. Global Tilapia Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Direct Sales
      2. Retail Sales
        1. Modern Trade
        2. Convenience Stores
        3. Specialty Food Stores
        4. Wholesale Stores
        5. Discount Stores
        6. Online Retail
        7. Others
    4. Global Tilapia Market, By Application, 2021 - 2031 (USD Million)
      1. Food Industry
      2. Pharmaceutical Industry
      3. Animal Feed
      4. Pet Food
      5. Food Service
      6. Retail
    5. Global Tilapia Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Amacore BV
      2. Baiyang Industrial Investment Group Co. Ltd.
      3. Blue Gulf Seafoods Co. Ltd
      4. Hainan Qinfu Foods Co. Ltd
      5. Hainan Xiangtai Fishery Co. Ltd
      6. IBCO Ltd
      7. Regal Springs Tilapia AG
      8. Zhanjiang Guolian Aquatics Products Co. Ltd.
      9. Zhenye Aquatic Huilong Ltd.
  7. Analyst Views
  8. Future Outlook of the Market