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Global Ornamental Fish Market – Industry Trends and Forecast to 2029

  • FMCG
  • Upcoming Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Ornamental Fish Market, By Product Type (Tropical Freshwater, Temperate, Marine), Application (Residential, Commercial), Point Of Sale (Dedicated Stores, Multi-Specialty Stores, Online, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2029.

Ornamental Fish Market

Market Analysis and Insights of Ornamental Fish Market

The ornamental fish market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.30% in the above-mentioned forecast period.

Ornamental fishes are colourful, attractive fish kept as pets in home aquariums or elsewhere for aesthetic reasons. There are many different species of fish, all with different sizes, colours, and shapes. Barbs, loaches, and danios are just a few examples of popular ornamental fish. These fishes are kept in aquariums for the purpose of decoration or aesthetics in the home. They are of different types such as the tropical freshwater, temperate and marine. The ornamental fish have recently taken on a larger role in the commercial world especially in terms of earning foreign currency.

The factors such as the consumer’s preference in luxury lifestyle and increase in disposable income are the major factor fostering the growth of the market in the forecast period of 2022 to 2029. In addition to this, the growing awareness about psychological advantages of keeping ornamental fishes at homes as keeping ornamental fish can reduce stress and provide home comfort, further driving a large number of people to purchase these types of ornamental fishes are also the growth determinants that are projected to bolster the market’s growth within the forecasted period. Various companies are offering ornamental species with an aquarium of various types of shapes including rimless, half land half water, pentagon, square and hexagon to basically match the interior decors and improve the aesthetics, further pushing the growth of the market. Moreover, the rising prohibitions on keeping cats and dogs as pets in high rise apartments and emergence of cross breeding of exotic aqua species and the growing trend of fish keeping also accelerates the demand for ornamental fish in the forecast period of 2022 to 2029. On the other hand, complications with the supply due to mortality caused by destructive fishing methods along with the poor handling are also projected to hamper the market’s growth in the above-mentioned forecast period.

Furthermore, the rising interest in keeping ornamental species, coupled with the introduction of different types of exotic species with attractive colors generate growth opportunities in the long run in the above-mentioned forecast period. On the flip side, the quarantine procedures along with the over-exploitation of particular specie pose as a challenge for the market in the forecast period of 2022 to 2029.

This ornamental fish market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on ornamental fish market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Ornamental Fish Market Scope and Market Size

The ornamental fish market is segmented on the basis of product type, application and point of sale. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • On the basis of product type, the ornamental fish market is segmented into tropical freshwater, temperate and marine.
  • On the basis of application, the ornamental fish market is segmented into residential and commercial.
  • On the basis of point of sale, the ornamental fish market is segmented into dedicated stores, multi-specialty stores, online and others.

Ornamental Fish Market Country Level Analysis

The ornamental fish market is segmented on the basis of product type, application and point of sale.

The countries covered in the ornamental fish market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.

Europe dominates the ornamental fish market owing to the consumer’s preference for spending leisure time with pets and adoption of fish keeping as a stress relieving treatment within the region in the forecast period of 2022 to 2029. Asia-Pacific region, on the other hand, is expected to score the highest CAGR owing to the increase in investment in home décor products and disposable income along with improvement of tourism infrastructure at the domestic level which is further expected to increase the establishment of new hotels and restaurants leading to promotion of ornamental fishes for decorative purposes within the above-mentioned forecast period.

The country section of the ornamental fish market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Ornamental Fish Market Share Analysis

The ornamental fish market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ornamental fish market.

Some of the major players operating in the ornamental fish market report are Aqua Nautic., AlgaeBarn, LLC, bioAquatiX, Imperial Tropicals., qianhufish, Oasis Fish Farm, Sagar Fish Aquarium, sanyoaqm, SRS Enterprise, Sundarban Fresh and Modern Pet Centre among others.

Customization Available : Global Ornamental Fish Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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