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The global Ornamental Fish market was valued at 849.73 Million USD in 2021 and will grow with a CAGR of 6.28% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Ornamental fishes usually mean attractive colorful fishes with various characteristics, which are kept as pets in confined space of an aquarium or a garden pool for fun and fancy.Ornamental fishes usually mean attractive colorful fishes with various characteristics, which are kept as pets in confined space of an aquarium or a garden pool for fun and fancy. Ornamental fish market is highly fragmented in terms of fish kinds, living environment and shape, but its markets can broadly be categorized as freshwater fish and marine fish. USA, UK, Japan, and China are the world`s major countries importing the ornamental fish. Ornamental fish production in United States is mainly concentrated in Florida. Thailand, Sri Lanka and Singapore are major global exporters. Ornamental fish mainly produced in Asia. Singapore is the world`s major exporter of ornamental fish. Singapore companies` main business is to do import-export trade, while there will be some ornamental fish stock in these company. In 2015, the world production of ornamental fish reached 723415 MT. Globally, ornamental fish producers are concentrated in Asia, USA, etc. The market of ornamental fish is regional. Leading players in ornamental fish industry are Liuji, Jiahe, Wanjin, Haojin, Oasis Fish Farm, Aqua Leisure, Imperial Tropicals, etc. Ornamental fish is a fragmented industry with a variety of middle sized and small local privately owned companies. The top ten producers account for just 2.45% of the market. In terms of acquisition channel, ornamental fish can be hunted and cultivated. Generally, most suppliers breeding brood fish themselves or purchase brood fish from the market to cultivate ornamental fish. Major raw materials involves in the cultivation are Feed, Broodstocks, Medicine, etc. The consumption of ornamental fish can be classified as residential application and commercial application. Residential consumption amount of ornamental fish reached to 529467 MT in 2015, which accounted for 73.19% of world ornamental fish consumption.
By Market Verdors:
Liuji
Jiahe
Wanjin
Haojin
By Types:
Freshwater fish
Marine fish
By Applications:
Commercial application
Residential application
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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