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