Milkfish Market size is estimated to reach USD 1.65 Billion by 2028
Milkfish Industry Overview The global milkfish market size was valued at USD 1.15 billion in 2021 and is expected to expand at a CAGR of 5.2% during the forecast period from 2022 to 2028. Factors such as easy availability of the products, growing consumption of fish due to its nutritional content, and increasing smart fishing with innovative equipment are expected to promote the milkfish market. Moreover, expansion a development of distribution channels and increasing investment in research and development activities of aquaculture are expected to positively impact the milkfish market in the forecast timeline. Gather more insights about the market drivers, restrains and growth of the Global Milkfish Market The biological name of milkfish is Chanos which belongs to the Family Chanidae. The body of fish has silvery color on the belly whereas on sides, grading to olive green or blue on the back. It is a bony fish with white meat with a mild flavor used for a vari...