The tilapia market is projected to grow at a CAGR of 5% by 2033.
The tilapia market growth drivers include rising demand for affordable protein, expansion of aquaculture activities, and increasing fitness- and health-conscious consumers.
Asia Pacific is the dominating region for the tilapia market.
Grupo AquaChile, Cermaq Group AS, Pacific Seafood Group, Maruha Nichiro Corporation, and Nippon Suisan Kaisha, Ltd. (NISSUI) are some leading industry players in the tilapia market.