Global tilapia production will reach 7 million tons, with China being the largest producer

Published 2023년 10월 16일

Tridge summary

The global tilapia industry is projected to reach a production of 7 million tons by 2024 due to high global market demand. China, the largest producer of tilapia, has experienced slower growth in recent years due to increasing demand for high-end products and traditional breeding and processing methods. Other countries like Indonesia, Egypt, Latin America, and Africa show strong growth potential in the tilapia industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As the world pays increasing attention to healthy food, tilapia, as a kind of aquatic product with high nutritional value, has received widespread attention for its industrial prospects. Recently, Gorjan Nikolik, chief analyst of Rabobank, proposed at the "Responsible Seafood Summit" The latest report on the industry reveals global trends and prospects for the tilapia industry. ​ 1. Global production forecast: ​ Total global tilapia production is expected to reach a staggering 7 million tons by 2024, reflecting strong global market demand for this fish. ​ 2. Main producing countries and trends: ​ China: ​ China has long been a major producer of tilapia. However, its growth has slowed in recent years, from 2.4% three years ago to 1.4% now. Growth is expected to slow further by 2024 1.3%. The reason may be related to the increasing demand for high-end products in the international market and the traditional nature of China's breeding and processing industry. ​ ...
Source: Foodmate

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