![Global Milkfish Market](https://res.cloudinary.com/devmoveo/image/upload/v1680683449/skyquest/gallery/Global-Milkfish-Market.jpg)
Report ID: SQMIG30I2150
Report ID:
SQMIG30I2150 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
Asia Pacific is anticipated to continue to expand at a CAGR of 5.0% from 2023 to 2030, maintaining its market dominance of more than 65% in 2022. This region is where the product was created, and it has a sizable manufacturing capacity. Since the beginning of time, fishing has been a significant business in these regions. Among the countries that add the most to the production of fish products are China, India, and Indonesia. Fish products are being consumed more frequently in China and India due to a large population desire. States are also taking control by contributing money to the development of aquaculture. Therefore, this region produces the most market revenue.
Latin America is anticipated to expand between 2023 and 2030, with a CAGR of 6.6%. For instance, Brazil has a positive effect on market income. Due to the quick uptake of aquaculture as a method of increasing output, the industry has grown in this region. Aquaculture benefits from the favorable climatic conditions in the area. There will likely be more food processing centers and more people eating more food overall, which will boost market revenue.
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Report ID: SQMIG30I2150