Global Ornamental Fish Market Size study, By Product (Tropical Freshwater, Temperate, Marine) By Application (Commercial, Household) and Regional Forecasts 2022-2028

Global Ornamental Fish Market Size study, By Product (Tropical Freshwater, Temperate, Marine) By Application (Commercial, Household) and Regional Forecasts 2022-2028

Global Ornamental Fish Market is valued approximately USD 5.35 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 20221-2028. Ornamental fish are those that are kept in home aquariums or for aesthetic reasons. These fishes come in a vast range of species, sizes, colors, and forms. Tanks or other aquarium systems are commonly used to keep ornamental fish. The growing popularity of colorful decorative fish for aquariums among millennials and the demand for ornamental fish is their numerous benefits also, rising sales of ornamental fish water are some factors driving the growth of market. For Instance: according to the American Pet Products Association The global annual turnover of ornamental freshwater and marine livestock reached USD 5 billion in 2018, , with an average annual growth rate of 8% from the previous year. Also, rising technological advancement in the industry is likely to create new opportunity to the market. However, high cost of ornament impedes the growth of the market over the forecast period of 20221-20287.

The key regions considered for the Gglobal Ornamental Fish Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the high import of fish ornamental in order to fulfil the region demand. Whereas, Asia-Pacific is also anticipated to exhibit highest growth over the forecast period 20221-20287. Factors such as rising disposable income, increased demand for premium and exotic ornamental fishes across Asia-Pacific region.

Major market player included in this report are:
Aqua-Nautic Specialist Pte Ltd.
AlgaeBarn LLC
bioAquatiX
Imperial Tropicals
LiveAquaria
Oasis Fish Farm
Sanyo Aquarium (Pte) Ltd.
Qian Hu Corporation Limited
Sunbeam Aquarium Pte Ltd.
Tropical Fish International Pte Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Tropical Freshwater
Temperate
Marine
By Application:
Commercial
Household
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Ornamental Fish Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Aqua-Nautic Specialist Pte Ltd.
AlgaeBarn LLC
bioAquatiX
Imperial Tropicals
LiveAquaria
Oasis Fish Farm
Sanyo Aquarium (Pte) Ltd.
Qian Hu Corporation Limited
Sunbeam Aquarium Pte Ltd.
Tropical Fish International Pte Ltd.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.