Ornamental Fish Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Ornamental fishes are attractive colourful fishes with different characteristics. Ornamental fishes such as tropical freshwater fish, marine fish, and others are usually kept as pets in a garden pool or confined area of an aquarium for recreation and fancy. There are multiple benefits of ornamental fish. Ornamental fish helps relax the mind, reduces stress, keeps blood pressure at a normal level, and, consequently, prevents heart-related diseases.

MARKET DYNAMICS

The changing lifestyle, growing interest in keeping ornamental species, and the increasing inclination of millennials towards keeping aquarium as a home decor item are the key factors expected to drive the ornamental fish market growth. Also, the introduction of distinct types of exotic species with attractive colors is expected to fuel the market growth. Furthermore, the systematic collection and selling of native ornamental fish suitable in the North-Eastern of India region are expected to create ample agribusiness opportunities for the market. However, over-exploitation of a particular population of a species is expected to hinder the global ornamental fish market.

MARKET SCOPE

The "Global Ornamental Fish Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the ornamental fish market with detailed market segmentation by fish type and application. The global ornamental fish market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ornamental fish market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global ornamental fish market is segmented into fish type and application. By fish type, the ornamental fish market is classified into Tropical Freshwater, Marine, Others. By application, the ornamental fish market is classified into Commercial, Household.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global ornamental fish market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The ornamental fish market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the ornamental fish market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the ornamental fish market in these regions.

MARKET PLAYERS

The report covers vital developments in the ornamental fish market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the ornamental fish market are anticipated to lucrative growth opportunities in the future with the rising demand for ornamental fish in the global market. Below mentioned is the list of few companies engaged in the ornamental fish market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ornamental fish market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Aqua Nautic Specialist
  
•   AlgaeBarn LLC
  
•   Florida Tropical
  
•   BioAquatix
  
•   Aqua Leisure
  
•   Imperial Tropical Freshwaters
  
•   Captive Bred
  
•   Oasis Fish Farm
  
•   Shanghai Wanjin
  
•   Tropical Fish International Pte Ltd.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Ornamental Fish Report Scope