IMARC Group, a leading market research company, has recently releases report titled “Ornamental Fish Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global ornamental fish market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the ornamental fish market?
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Report Attributes |
Details |
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Market Size in 2022 |
US$ 5.75 Billion |
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Market Forecast in 2028 |
US$ 9.31 Billion |
|
Growth rate (2023 to 2028) |
CAGR of 8.1% |
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Base Year of the Analysis |
2022 |
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Forecast Period |
2023-2028 |
What is Ornamental Fish?
Ornamental fish, also known as aquarium fish, are fish species that are kept for decorative purposes in aquariums or ponds. They are popular among hobbyists and aquarists who enjoy the beauty and tranquility of watching fish in a controlled aquatic environment. Ornamental fish come in various sizes, shapes, colors, and patterns, and they exhibit a wide range of behaviors. Some of the most common types of ornamental fish include tropical freshwater fish like guppies, tetras, angelfish, and bettas, as well as marine fish such as clownfish, tangs, and gobies.
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Ornamental Fish Market Trends:
The demand for ornamental fish has been steadily growing worldwide. Rising disposable incomes, urbanization, and an increased interest in pets and hobbies have contributed to the growing demand for ornamental fish. Consumers are seeking a wider range of fish species with unique colors, patterns, and characteristics. There has been a surge in the popularity of exotic and rare species, leading to increased availability and breeding efforts. Additionally, environmental concerns and regulations play a significant role in shaping the future of the ornamental fish market, as efforts are made to promote sustainable practices and protect biodiversity.
Who are the key players operating in the industry?
The report covers the major market players including:
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Aqua-Nautic Specialist Pte Ltd.
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bioAquatiX, Imperial Tropicals
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Qian Hu Corporation Limited
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Sanyo Aquarium (Pte) Ltd.
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Sunbeam Aquarium Pte Ltd
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
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Tropical Freshwater
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Temperate
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Marine
Breakup by Application:
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Household
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Commercial
Breakup by Region:
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North America (United States, Canada)
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Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
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Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
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Latin America (Brazil, Mexico, Others)
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Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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