The ornamental fish Market is expected to be around US$ 11.67 Billion by 2027 at a CAGR of 10.5% in the given forecast period.

The term ‘ornamental fish’ refers to colourful fish and attractive with a variation of characteristics. Ornamental fish are produced by cross breeding of fishes to obtain new variations with different colours. Growing popularity of aquariums led by development in the living standards has boosted growth of the global ornamental fish market to a great extent. Ornamental fish are shown in pools, or fancy glass containers in houses, ponds, parks, and business spaces. Ornamental fish are imported in more than 125 nations internationally, with Singapore being the largest exporter in the world.Generally, practiced in developed nations, aquaculture is a tradition continuing from decades and it has currently become popular in developing economies. Numerous scientific studies have verified that aquaculture as a hobby is a stress reliever for individuals with hectic andbusy lifestyle. Increasing interest in household fish keeping of smaller class has led to growing imports of ornamental fish in more than 125 countries. Nevertheless, issues related to supply chain management lead to growth in the rate of mortality of fishes caused by poor handling, improper quarantine procedures, etc.Moreover, many scientific studies revealed that the use of ornamental fishes in household aquariums is expected to deliver psychological advantages to the millennials in terms of dropping stress after a daily hectic schedule, along with providing a feeling of good experience.

The global ornamental fish market is segregated on the basis of Product Outlook as Tropical Freshwater, Temperate, and Marine. Based on Application Outlook the global ornamental fish market is segmented in Commercial and Household.

The global ornamental fish market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The ornamental fish market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Aqua Nautic Specialist (ANS) Pte Ltd, Tropical Fish International Pte Ltd, Sunbean Aquarium Pte Ltd, Sanyo Aquarium (Pte) Ltd, Qian Hu Fish Farm Trading, AlgaeBarn LLC, BioAquatix.com, Imperial Tropicals, Inc., Oasis Fish Farm Co., Sagar Fish Aquarium, and others are among the major players in the global ornamental fish market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The ornamental fish Market has been segmented as below:

ornamental fish Market, By Product Outlook

• Tropical Freshwater
• Temperate
• Marine

ornamental fish Market, By Application Outlook

• Commercial
• Household

ornamental fish Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

ornamental fish Market, By Company

• Aqua Nautic Specialist (ANS) Pte Ltd
• Tropical Fish International Pte Ltd
• Sunbean Aquarium Pte Ltd
• Sanyo Aquarium (Pte) Ltd
• Qian Hu Fish Farm Trading
• AlgaeBarn LLC
• BioAquatix.com
• Imperial Tropicals, Inc.
• Oasis Fish Farm Co.
• Sagar Fish Aquarium

The report covers:

• Global ornamental fish market sizes from 2022 to 2027, along with CAGR for 2022-2027
• Market size comparison for 2021 vs 2027, with actual data for 2021, estimates for 2020 and forecast from 2022 to 2027
• Global ornamental fish market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global ornamental fish market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

Report Scope:

The global ornamental fish market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global ornamental fish market share. Major industry players with significant revenue share include Aqua Nautic Specialist (ANS) Pte Ltd, Tropical Fish International Pte Ltd, Sunbean Aquarium Pte Ltd, Sanyo Aquarium (Pte) Ltd, Qian Hu Fish Farm Trading, AlgaeBarn LLC, BioAquatix.com, Imperial Tropicals, Inc., Oasis Fish Farm Co., Sagar Fish Aquarium, and others.

Reasons to Buy this Report:

• Gain detailed insights on the ornamental fish industry trends
• Find complete analysis on the market status
• Identify the ornamental fish market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Customization

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