Ornamental Fish Market
Ornamental Fish Market Size, Share & Trends Analysis Report by Type (Tropical Freshwater, Temperate, and Marine), by Application (Household and Commercial), and by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, and Online Sales), Forecast Period (2024-2031)
Ornamental fish market is anticipated to grow at a CAGR of 8.2% during the forecast period (2024-2031). People globally keep home aquariums, which are in a way art museums for these beautiful ornamental fish. They ensure that they create better conditions and better health for the fish by replicating their natural habitats. The fish have some global significance with the symbol of Japan being a koi fish whereas that of Thailand involves a fish with a Siamese fighting pattern. The industry has grown tremendously due to improvements in breeding methods as well as an increase in several available rare types offering people who have a special interest in the aquatic world what they desire.
Market Segmentation
- Based on type, the market is segmented into tropical freshwater, temperate, and marine.
- Based on application, the market is segmented into household and commercial.
- Based on distribution channels, the market is segmented into supermarkets/hypermarkets, specialty stores, and online sales.
Tropical Freshwater is Projected to Emerge as the Largest Segment
The tropical freshwater segment of the ornamental fish market is dominant because these fish are very common as household pets, in aquariums and ponds globally. These fish encompass a wide variety of species, all of which possess different traits and need unique ways of maintenance. The commonest pets are tetras, guppies, mollies, bettas, and goldfish, which are suitable for newbies in this field and experienced individuals. The main thing that makes tropical freshwater ornamental fish highly appealing to many aquarists is the vibrant colors they come in, their ease of maintenance as well as their suitability for different types of aquaria. Moreover, since the relatively low maintenance requirements of betas make them particularly appealing to novice pet owners, they continue to outperform other species on the measured criteria that determine market dominance in the ornamental fish industry.
Household Segment to Hold a Considerable Market Share
The household application segment dominates the ornamental fish market due to several key factors. Ornamental fish are beloved pets and decorative additions to households globally, creating a strong emotional connection that drives sustained demand. This segment caters to a diverse range of consumers, from casual hobbyists to dedicated enthusiasts, ensuring a consistent market base. Advancements in aquarium technology and the availability of resources have made it convenient for individuals to maintain ornamental fish in their homes, with a wide range of products and services tailored to meet different consumer needs.
Regional Outlook
The global ornamental fish market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Ornamental Fish Market Growth by Region 2024-2031
Asia-Pacific Holds the Largest Market Share and Growing Fastest in the Trade of Ornamental Fish
Asia-Pacific with an emphasis on nations like China, Japan, or India acting as major import and consumption centers of ornamental fish such that region. These are countries where the middle classes are growing fast and it is becoming easier to find money since there is an increased demand for quality, fancy fish species. China is the world's number one exporter of ornamental fish and a key influencer in the region's market growth; it is also enhanced by Japan's strong cultural heritages and India's rapid economic growth in the ornamental trade. Asian countries are known for their varied biodiversity as well as ornamental fish breeding know-how meaning they import a variety of ornamental fish species from countries like Indonesia, Singapore, and Malaysia at the tropic fresh water level up to marine ones that are only possibly seen on Bikini Atoll, etc., thus meeting customer requirements globally.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global ornamental fish market include AlgaeBarn LLC, Aqua-Nautic Specialist Pte Ltd., bioAquatiX, Qian Hu Corp. Ltd., and Tropical Marine Centre, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market. For instance, in December 2021, Qian Hu Corporation Limited partnered with AquaEasy Pte Ltd to revolutionize shrimp farming with sustainable aquaculture practices. The collaboration aimed to help shrimp farmers maximize output, profitability, and sustainability through advanced technologies and data-driven decision-making. This partnership reflects Qian Hu Corporation's commitment to innovation and sustainability in the aquaculture industry.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ornamental fish market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. AlgaeBarn LLC
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Aqua-Nautic Specialist Pte Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. bioAquatiX
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Qian Hu Corporation Ltd.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Tropical Fish International Pte Ltd.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Ornamental Fish Market by Type
4.1.1. Tropical Freshwater
4.1.2. Temperate
4.1.3. Marine
4.2. Global Ornamental Fish Market by Application
4.2.1. Household
4.2.2. Commercial
4.3. Global Ornamental Fish Market by Distribution Channel
4.3.1. Supermarkets/Hypermarkets
4.3.2. Specialty Stores
4.3.3. Online Sales
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. Aqua Design Amano (ADA)
6.2. AQUA LEISURE SDN.BHD
6.3. AquaScapeOnline
6.4. Blue Ridge Fish Hatchery
6.5. Blue Zoo Aquatics
6.6. Dennerle GmbH
6.7. Discus Hans USA
6.8. Florida Tropical Fish Direct
6.9. Global Fish Importers Inc.
6.10. Imperial Tropicals
6.11. Live Fish Direct
6.12. LiveAquaria
6.13. Neptune Aquatics Inc.
6.14. PetSmart LLC
6.15. Sanyo Aquarium (Pte) Ltd.
6.16. Segrest Farms
6.17. Sunbeam Aquarium Pte Ltd.
6.18. Tangled Up in Cichlids
6.19. Tropical Fish International Pte Ltd.
1. GLOBAL ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
2. GLOBAL TROPICAL FRESHWATER ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL TEMPERATE ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL MARINE ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
6. GLOBAL ORNAMENTAL FISH FOR HOUSEHOLD MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL ORNAMENTAL FISH FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2023-2031 ($ MILLION)
9. GLOBAL ORNAMENTAL FISH IN SUPERMARKETS/HYPERMARKETS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL ORNAMENTAL FISH IN SPECIALTY STORES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL ONLINE SALES ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. NORTH AMERICAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
14. NORTH AMERICAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
15. NORTH AMERICAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
16. NORTH AMERICAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2023-2031 ($ MILLION)
17. EUROPEAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
18. EUROPEAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
19. EUROPEAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
20. EUROPEAN ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2023-2031 ($ MILLION)
21. ASIA-PACIFIC ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
22. ASIA-PACIFIC ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
23. ASIA-PACIFIC ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
24. ASIA-PACIFIC ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2023-2031 ($ MILLION)
25. REST OF THE WORLD ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
26. REST OF THE WORLD ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
27. REST OF THE WORLD ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
28. REST OF THE WORLD ORNAMENTAL FISH MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2023-2031 ($ MILLION)
1. GLOBAL ORNAMENTAL FISH MARKET SHARE BY TYPE, 2023 VS 2031 (%)
2. GLOBAL TROPICAL FRESHWATER ORNAMENTAL FISH MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL TEMPERATE ORNAMENTAL FISH MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL MARINE ORNAMENTAL FISH MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL ORNAMENTAL FISH MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
6. GLOBAL ORNAMENTAL FISH FOR HOUSEHOLD MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL ORNAMENTAL FISH FOR COMMERCIAL MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL ORNAMENTAL FISH MARKET SHARE BY DISTRIBUTION CHANNEL, 2023 VS 2031 (%)
9. GLOBAL ORNAMENTAL FISH IN SUPERMARKETS/HYPERMARKETS MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL ORNAMENTAL FISH IN SPECIALTY STORES MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL ONLINE SALES ORNAMENTAL FISH MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL ORNAMENTAL FISH MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. US ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
14. CANADA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
15. UK ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
16. FRANCE ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
17. GERMANY ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
18. ITALY ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
19. SPAIN ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
20. REST OF EUROPE ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
21. INDIA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
22. CHINA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
23. JAPAN ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
24. SOUTH KOREA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
25. REST OF ASIA-PACIFIC ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
26. LATIN AMERICA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
27. MIDDLE EAST AND AFRICA ORNAMENTAL FISH MARKET SIZE, 2023-2031 ($ MILLION)
