Ornamental Fish Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Tropical Fresh Water, Temperate Fresh Water, Marine Ornamentals), By Application (Residential, Commercial), By Point of Sale (Dedicated Stores, Multi-Specialty stores, Online, Others), By Region, By Competition Forecast & Opportunities, 2018-2028

Customization Enquiry

Buy Now

Summary

Report Description

Forecast Period

2018-2028

Market Size (2022)

USD5.65 Billion

CAGR (2023-2028)

8.6%

Fastest Growing Segment

Marine Ornamentals

Largest Market

Europe


Market Overview

The global ornamental fish market has valued at USD5.65 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 8.6% through 2028. The global ornamental fish market has been experiencing steady growth in recent years, driven by several key factors. Ornamental fish, also known as aquarium fish, are admired for their vibrant colors, unique patterns, and captivating beauty. Here are some of the major drivers behind the growth of the global ornamental fish market. he global ornamental fish market is being driven by factors such as the growing demand for pet ownership, increasing disposable income, aesthetic appeal and interior decoration, advancements in aquaculture techniques, rising interest in aquatic ecosystems, and the rise of online retail channels. These drivers are likely to continue fueling the growth of the market in the coming years.

Key Market Drivers

Growing Demand for Pet Ownership

There has been a significant increase in the number of people keeping pets worldwide, including ornamental fish. As more individuals and families seek companionship and leisure activities, owning ornamental fish has become a popular choice. The calming effect of observing fish in an aquarium has been proven to reduce stress levels, making them appealing pets for homes, offices, and public spaces. One of the key reasons behind the increasing demand for pet ownership in the global ornamental fish market is the rising popularity of fishkeeping as a hobby. Many individuals are finding joy and relaxation in maintaining beautiful aquariums filled with vibrant and exotic fish species. Additionally, the therapeutic benefits associated with observing fish in an aquarium have contributed to this growing trend.

Increasing Disposable Income

The rise in disposable income across various regions has played a crucial role in driving the demand for ornamental fish. As people have more financial resources, they are willing to invest in hobbies and leisure activities, including maintaining aquariums. Higher-income levels have also made it possible for individuals to afford the necessary equipment, accessories, and premium-quality fish species, further fueling the market's growth. The global ornamental fish market has been experiencing growth due to the increasing disposable income of individuals worldwide. With growing economies, people have more resources to spend on leisure activities and hobbies, including ornamental fish keeping. This rise in disposable income has resulted in a greater demand for ornamental fish as consumers are willing to spend on colorful and attractive species to be kept in home aquariums.

Aesthetic Appeal and Interior Decoration  

The ornamental fish market is driven by the desire to enhance the aesthetic appeal of living and working spaces. Aquariums are not only seen as a source of entertainment but also as interior design elements that add beauty and tranquility to environments. The availability of a wide range of fish species with different colors, shapes, and sizes allows individuals to create personalized and visually appealing aquarium setups. The global ornamental fish market is experiencing growth due to the increasing demand for aesthetically appealing fish species and their role in interior decoration. Consumers are becoming more conscious of the aesthetic appeal of their aquariums and are willing to invest in visually captivating fish species. This trend is driving the demand for ornamental fish in the market.

Rising Interest in Aquatic Ecosystems

There is a growing interest in aquatic ecosystems and the conservation of marine life. As people become more aware of the ecological importance and diversity of fish species, they are increasingly inclined to keep ornamental fish as a means of appreciating and preserving aquatic life. This interest has led to the popularity of maintaining aquariums as small-scale ecosystems, contributing to the growth of the market. The global ornamental fish market has witnessed a rising interest in aquatic ecosystems among consumers. As more people become aware of the beauty and benefits of keeping fish as pets, there is a growing appreciation for creating natural and thriving aquatic environments. This trend is fueled by various factors. The increased focus on sustainability and conservation has led to a shift towards recreating natural habitats for ornamental fish. Aquarium enthusiasts are now seeking ways to mimic the conditions found in the wild, including appropriate water parameters, plants, rocks, and other elements that promote a healthy ecosystem.

Download Free Sample Report

Key Market Challenges

Stringent Regulations and Compliance

The ornamental fish trade is subject to various regulations and restrictions imposed by national and international governing bodies. These regulations aim to protect biodiversity, prevent the spread of invasive species, and ensure animal welfare. Compliance with these regulations can be complex and costly for businesses involved in the import, export, and trade of ornamental fish.

Transportation and Logistics Challenges

Transporting live fish over long distances can be challenging due to the need for careful handling and suitable environmental conditions. Maintaining water quality, temperature control, and adequate oxygen supply during transportation is critical to ensuring the health and well-being of the fish. Delays, mishandling, or inadequate logistics infrastructure can result in stress, illness, or mortality of the fish, impacting the market's growth.

Disease Management and Biosecurity

Maintaining biosecurity and managing diseases are significant challenges for the ornamental fish market. Diseases can spread rapidly in crowded environments, such as fish farms and pet stores, leading to high mortality rates and financial losses. Strict biosecurity protocols, regular health checks, and proper quarantine measures are essential to prevent and manage disease outbreaks, ensuring the overall health of the fish population.

Environmental Concerns and Sustainability

The ornamental fish trade has raised concerns about its impact on wild fish populations and ecosystems. Overfishing of certain species, destructive collection methods, and habitat destruction can pose a threat to biodiversity and ecological balance. The industry needs to adopt sustainable practices, promote captive breeding, and support conservation efforts to ensure the long-term viability and environmental sustainability of the trade.

Consumer Awareness and Education

There is a need for increased consumer awareness and education regarding responsible fishkeeping practices. Many buyers may lack knowledge about proper fish care, aquarium maintenance, and the potential risks associated with introducing non-native species into local ecosystems. Educating consumers about ethical sourcing, responsible breeding, and appropriate fishkeeping practices can help mitigate potential challenges and promote sustainable growth in the market.

Economic Volatility and Market Uncertainty

The ornamental fish market is susceptible to fluctuations in global economic conditions. Changes in disposable income, consumer spending patterns, and economic instability can impact the demand for ornamental fish. Moreover, unforeseen events such as natural disasters, political unrest, or disease outbreaks can disrupt supply chains, leading to market uncertainties and financial losses for businesses in the industry.

Key Market Trends

Increasing popularity of sustainable and eco-friendly practices

There is a growing demand for ethically sourced and sustainably bred ornamental fish. Consumers are becoming more conscious of the environmental impact of the ornamental fish trade and are seeking out suppliers that adhere to responsible and eco-friendly practices. This trend has led to the rise of certified sustainable fish farms and breeders who focus on preserving natural habitats and minimizing the use of harmful chemicals.

Online Retail Channels and E-commerce

The proliferation of online retail channels and e-commerce platforms has played a significant role in the growth of the ornamental fish market. Customers now have easy access to a wide variety of fish species, equipment, and supplies through online platforms. The convenience of online shopping, reliable shipping methods, and the ability to compare prices and products have made it easier for consumers to enter and participate in the market.

Rising interest in rare and exotic species

Enthusiasts and collectors are showing increased interest in acquiring rare and exotic species of ornamental fish. The allure of owning unique and uncommon fish breeds has fueled a niche market within the ornamental fish industry. Breeders and suppliers are responding to this demand by expanding their offerings to include a wider variety of rare and hard-to-find fish species.

Technological advancements in aquarium equipment

Advancements in technology have revolutionized the way ornamental fish are kept and maintained. Innovative aquarium equipment, such as automated feeding systems, efficient filtration systems, and advanced lighting setups, have made it easier for both novice and experienced hobbyists to create and maintain healthy aquatic environments. These technological advancements enhance the overall experience of fishkeeping and contribute to the market's growth.

Focus on research and development

Companies and institutions within the ornamental fish industry are investing in research and development to improve breeding techniques, disease prevention, and nutrition. This focus on R&D aims to enhance the quality and longevity of ornamental fish, ensuring their well-being and enhancing their appeal to consumers.

Growing popularity of aquascaping

Aquascaping, the art of designing and creating visually stunning underwater landscapes within aquariums, has gained immense popularity. This trend involves the use of various elements such as plants, rocks, driftwood, and substrate to create aesthetically pleasing and natural-looking environments for ornamental fish. Aquascaping competitions and dedicated online communities have further boosted the interest in this creative aspect of fishkeeping.

Segmental Insights

Product Type Insights

The tropical freshwater segment of the ornamental fish market claimed a dominant share of approximately 50.6% in 2022. These species are popular choices for household pets, often found in ponds and aquariums worldwide. Tropical freshwater ornamental fish exhibit a diverse range of species, each with distinct characteristics and care requirements. Tetras, guppies, mollies, betta, and goldfish are among the commonly sought-after tropical freshwater ornamental fish. Given their vibrant colors and ease of care, new pet owners often opt for these species.

The marine ornamental fish segment is expected to achieve a Compound Annual Growth Rate (CAGR) of 9.5% from 2023 to 2030. These fish species are characterized by their vibrant colors, intricate patterns, and unique forms. Maintaining marine ornamental fish can be more challenging compared to freshwater fish due to specific equipment and water requirements. Marine aquariums can be further classified into reef aquariums and fish-only aquariums. The segment is predicted to experience growth during the forecast period, driven by the diverse range of marine fish species and their vibrant colors.

Application Insights

The global ornamental fish market is experiencing significant growth, driven in large part by the residential sector. As disposable income increases worldwide, more people are investing in the hobby of ornamental fishkeeping to enhance their living spaces. This trend is expected to continue in the coming years. Overall, the rising disposable income globally, coupled with the desire for a luxury lifestyle and the ease of maintaining ornamental fish, is fueling the growth of the global ornamental fish market.

Point of Sale Insights

The global ornamental fish market is experiencing growth, fueled by the online sector. With the increasing popularity of e-commerce platforms, consumers now have greater access to a wide variety of ornamental fish species from around the world. This trend has contributed to the expansion of the market and the convenience of purchasing fish for aquarium enthusiasts.

Download Free Sample Report

Regional Insights

Europe held the dominant position in the market, with a market share exceeding 36.5% in 2022. This can be attributed to the significant import of ornamental fishes from Asian countries like Singapore, Thailand, and Japan, in order to meet the region's high demand for decorative fishes. Ornamental fishes not only serve as a simple and stress-relieving hobby but also contribute to import-export activities and foreign exchange.

Furthermore, the University of Florida, Institute of Food and Agricultural Sciences, states that various ornamental fish are now being cultivated in European countries such as the Czech Republic, Spain, Israel, Belgium, and Holland. Additionally, the proximity of fish production to consumer hubs has become increasingly profitable due to reduced transportation costs. 

Recent Developments

  • In 2023, Kerala Aqua Ventures International Limited (KAVIL) has successfully organized several buyer-seller meets, startup training sessions, and impactful marketing strategy sessions for the local ornamental aquaculture sector. These initiatives have played a crucial role in facilitating the sector's recovery from the challenges posed by Covid-19.
  • In 2023, The Center for Biological Diversity is urging the U.S. Fish and Wildlife Service to implement a requirement for reporting species-level data for all ornamental fish imported into the country for the aquarium trade. According to an analysis conducted by the Center, over a recent 6-year period, more than 387 million ornamental fish were imported for the U.S. aquarium trade, yet no disclosure of the species' names was provided in the Law Enforcement Management Information System database.
  • In 2021, A nationwide network project on ornamental fish breeding and culture was inaugurated at the Central Institute of Fisheries Education (CIFE) in Mumbai. This collaborative research endeavor involves seven fisheries research institutes across the country. The project's objective is to position India as a prominent player in ornamental fish culture, excelling in both production and export.

Key Market Players

  • Sunbeam Aquarium Pte Ltd.
  • Tropical Fish International Pte Ltd.
  • LiveAquaria
  • Oasis Fish Farm
  • Aqua-Nautic Specialist Pte Ltd.
  • AlgaeBarn LLC
  • bioAquatiX
  • Imperial Tropicals
  • Sanyo Aquarium (Pte) Ltd.
  • Qian Hu Corporation Limited

 By Type

By Application

By Point of Sale

By Region

•       Tropical Fresh Water

•       Temperate Fresh Water

•       Marine Ornamentals

•       Residential

•       Commercial

·         Dedicated Stores

·         Multi-Specialty Stores

·         Online

·         Others

 

•       North America

•       Europe

•       Latin America

•       Middle East & Africa

•       Asia Pacific

Report Scope:

In this report, the global ornamental fish market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Ornamental Fish Market, By Type:

o   Tropical Fresh Water

o   Temperate Fresh Water

o   Marine Ornamentals

  • Global Ornamental Fish Market, By Application:

o   Residential

o   Commercial

  • Global Ornamental Fish Market, By Point of Sale:

o   Dedicated Stores

o   Multi-Specialty Stores

o   Online

o   Others

  • Global Ornamental Fish Market, By Region:

o   North America

o   Europe

o   Latin America

o   Middle East & Africa

o   Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Ornamental Fish Market.

Available Customizations:

Global Ornamental Fish Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Ornamental Fish Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Ornamental Fish Market

4.    Executive Summary

5.    Global Ornamental Fish Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type Market Share Analysis (Tropical Fresh Water, Temperate Fresh Water, Marine Ornamentals)

5.2.2.    By Application Market Share Analysis (Residential, Commercial)

5.2.3.    By Point of Sale Market Share Analysis (Dedicated Stores, Multi-Specialty stores, Online, Others)

5.2.4.    By Region Market Share Analysis (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.2.5.    By Top 5 Companies, Others (2022)

5.3.  Market Map

6.    North America Ornamental Fish Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type Market Share Analysis

6.2.2.    By Application Market Share Analysis

6.2.3.    By Point of Sale Market Share Analysis

6.2.4.    By Region Market Share Analysis

6.2.5.    By Country

6.2.5.1.        United States Ornamental Fish Market Outlook

6.2.5.1.1.            Market Size & Forecast

6.2.5.1.1.1.                By Value

6.2.5.1.2.            Market Share & Forecast

6.2.5.1.2.1.                By Type Market Share Analysis

6.2.5.1.2.2.                By Application Market Share Analysis

6.2.5.1.2.3.                By Point of Sale Market Share Analysis

6.2.5.2.        Canada Ornamental Fish Market Outlook

6.2.5.2.1.            Market Size & Forecast

6.2.5.2.1.1.                By Value

6.2.5.2.2.             Market Share & Forecast

6.2.5.2.2.1.                By Type Market Share Analysis

6.2.5.2.2.2.                By Application Market Share Analysis

6.2.5.2.2.3.                By Point of Sale Market Share Analysis

6.2.5.3.        Mexico Ornamental Fish Market Outlook

6.2.5.3.1.            Market Size & Forecast

6.2.5.3.1.1.                By Value

6.2.5.3.2.            Market Share & Forecast

6.2.5.3.2.1.                By Type Market Share Analysis

6.2.5.3.2.2.                By Application Market Share Analysis

6.2.5.3.2.3.                By Point of Sale Market Share Analysis

7.    Europe Ornamental Fish Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type Market Share Analysis

7.2.2.    By Application Market Share Analysis

7.2.3.    By Point of Sale Market Share Analysis

7.2.4.    By Region Market Share Analysis

7.2.5.    By Country

7.2.5.1.        Germany Ornamental Fish Market Outlook

7.2.5.1.1.            Market Size & Forecast

7.2.5.1.1.1.                By Value

7.2.5.1.2.            Market Share & Forecast

7.2.5.1.2.1.                By Type Market Share Analysis

7.2.5.1.2.2.                By Application Market Share Analysis

7.2.5.1.2.3.                By Point of Sale Market Share Analysis

7.2.5.2.        France Ornamental Fish Market Outlook

7.2.5.2.1.            Market Size & Forecast

7.2.5.2.1.1.                By Value

7.2.5.2.2.            Market Share & Forecast

7.2.5.2.2.1.                By Type Market Share Analysis

7.2.5.2.2.2.                By Application Market Share Analysis

7.2.5.2.2.3.                By Point of Sale Market Share Analysis

7.2.5.3.        United Kingdom Ornamental Fish Market Outlook

7.2.5.3.1.            Market Size & Forecast

7.2.5.3.1.1.                By Value

7.2.5.3.2.            Market Share & Forecast

7.2.5.3.2.1.                By Type Market Share Analysis

7.2.5.3.2.2.                By Application Market Share Analysis

7.2.5.3.2.3.                By Point of Sale Market Share Analysis

7.2.5.4.        Italy Ornamental Fish Market Outlook

7.2.5.4.1.            Market Size & Forecast

7.2.5.4.1.1.                By Value  

7.2.5.4.2.            Market Share & Forecast

7.2.5.4.2.1.                By Type Market Share Analysis

7.2.5.4.2.2.                By Application Market Share Analysis

7.2.5.4.2.3.                By Point of Sale Market Share Analysis

7.2.5.5.        Spain Ornamental Fish Market Outlook

7.2.5.5.1.            Market Size & Forecast

7.2.5.5.1.1.                By Value

7.2.5.5.2.            Market Share & Forecast

7.2.5.5.2.1.                By Type Market Share Analysis

7.2.5.5.2.2.                By Application Market Share Analysis

7.2.5.5.2.3.                By Point of Sale Market Share Analysis

8.    South America Ornamental Fish Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type Market Share Analysis

8.2.2.    By Application Market Share Analysis

8.2.3.    By Point of Sale Market Share Analysis

8.2.4.    By Region Market Share Analysis

8.2.5.    By Country

8.2.5.1.        Brazil Ornamental Fish Market Outlook

8.2.5.1.1.            Market Size & Forecast

8.2.5.1.1.1.                By Value

8.2.5.1.2.            Market Share & Forecast

8.2.5.1.2.1.                By Type Market Share Analysis

8.2.5.1.2.2.                By Application Market Share Analysis

8.2.5.1.2.3.                By Point of Sale Market Share Analysis

8.2.5.2.        Colombia Ornamental Fish Market Outlook

8.2.5.2.1.            Market Size & Forecast

8.2.5.2.1.1.                By Value

8.2.5.2.2.            Market Share & Forecast

8.2.5.2.2.1.                By Type Market Share Analysis

8.2.5.2.2.2.                By Application Market Share Analysis

8.2.5.2.2.3.                By Point of Sale Market Share Analysis

8.2.5.3.        Argentina Ornamental Fish Market Outlook

8.2.5.3.1.            Market Size & Forecast

8.2.5.3.1.1.                By Value

8.2.5.3.2.            Market Share & Forecast

8.2.5.3.2.1.                By Type Market Share Analysis

8.2.5.3.2.2.                By Application Market Share Analysis

8.2.5.3.2.3.                By Point of Sale Market Share Analysis

9.    Middle East & Africa Ornamental Fish Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type Market Share Analysis

9.2.2.    By Application Market Share Analysis

9.2.3.    By Point of Sale Market Share Analysis

9.2.4.    By Region Market Share Analysis

9.2.5.    By Country

9.2.5.1.        Saudi Arabia Ornamental Fish Market Outlook

9.2.5.1.1.            Market Size & Forecast

9.2.5.1.1.1.                By Value

9.2.5.1.2.            Market Share & Forecast

9.2.5.1.2.1.                By Type Market Share Analysis

9.2.5.1.2.2.                By Application Market Share Analysis

9.2.5.1.2.3.                By Point of Sale Market Share Analysis

9.2.5.2.        UAE Ornamental Fish Market Outlook

9.2.5.2.1.            Market Size & Forecast

9.2.5.2.1.1.                By Value

9.2.5.2.2.            Market Share & Forecast

9.2.5.2.2.1.                By Type Market Share Analysis

9.2.5.2.2.2.                By Application Market Share Analysis

9.2.5.2.2.3.                By Point of Sale Market Share Analysis

9.2.5.3.        South Africa Ornamental Fish Market Outlook

9.2.5.3.1.            Market Size & Forecast

9.2.5.3.1.1.                By Value

9.2.5.3.2.            Market Share & Forecast

9.2.5.3.2.1.                By Type Market Share Analysis

9.2.5.3.2.2.                By Application Market Share Analysis

9.2.5.3.2.3.                By Point of Sale Market Share Analysis

9.2.5.4.        Turkey Ornamental Fish Market Outlook

9.2.5.4.1.            Market Size & Forecast

9.2.5.4.1.1.                By Value

9.2.5.4.2.            Market Share & Forecast

9.2.5.4.2.1.                By Type Market Share Analysis

9.2.5.4.2.2.                By Application Market Share Analysis

9.2.5.4.2.3.                By Point of Sale Market Share Analysis

10.  Asia Pacific Ornamental Fish Market Outlook

10.1.   Market Size & Forecast

10.1.1. By Value

10.2.   Market Share & Forecast

10.2.1. By Type Market Share Analysis

10.2.2. By Application Market Share Analysis

10.2.3. By Point of Sale Market Share Analysis

10.2.4. By Region Market Share Analysis

10.2.5. By Country

10.2.5.1.     China Ornamental Fish Market Outlook

10.2.5.1.1.         Market Size & Forecast

10.2.5.1.1.1.             By Value

10.2.5.1.2.         Market Share & Forecast

10.2.5.1.2.1.             By Type Market Share Analysis

10.2.5.1.2.2.             By Application Market Share Analysis

10.2.5.1.2.3.             By Point of Sale Market Share Analysis

10.2.5.2.     India Ornamental Fish Market Outlook

10.2.5.2.1.         Market Size & Forecast

10.2.5.2.1.1.             By Value

10.2.5.2.2.         Market Share & Forecast

10.2.5.2.2.1.             By Type Market Share Analysis

10.2.5.2.2.2.             By Application Market Share Analysis

10.2.5.2.2.3.             By Point of Sale Market Share Analysis

10.2.5.3.     Japan Ornamental Fish Market Outlook

10.2.5.3.1.         Market Size & Forecast

10.2.5.3.1.1.             By Value

10.2.5.3.2.         Market Share & Forecast

10.2.5.3.2.1.             By Type Market Share Analysis

10.2.5.3.2.2.             By Application Market Share Analysis

10.2.5.3.2.3.             By Point of Sale Market Share Analysis

10.2.5.4.     South Korea Ornamental Fish Market Outlook

10.2.5.4.1.         Market Size & Forecast

10.2.5.4.1.1.             By Value

10.2.5.4.2.         Market Share & Forecast

10.2.5.4.2.1.             By Type Market Share Analysis

10.2.5.4.2.2.             By Application Market Share Analysis

10.2.5.4.2.3.             By Point of Sale Market Share Analysis

10.2.5.5.     Australia Ornamental Fish Market Outlook

10.2.5.5.1.         Market Size & Forecast

10.2.5.5.1.1.             By Value

10.2.5.5.2.         Market Share & Forecast

10.2.5.5.2.1.             By Type Market Share Analysis

10.2.5.5.2.2.             By Application Market Share Analysis

10.2.5.5.2.3.             By Point of Sale Market Share Analysis

11.  Market Dynamics

11.1.   Drivers

11.2.   Challenges

12.  Market Trends and Developments

13.  Company Profiles

13.1.   Sunbeam Aquarium Pte Ltd.

13.2.   Tropical Fish International Pte Ltd.

13.3.   LiveAquaria

13.4.   Oasis Fish Farm

13.5.   Aqua-Nautic Specialist Pte Ltd.

13.6.   AlgaeBarn LLC

13.7.   bioAquatiX

13.8.   Imperial Tropicals

13.9.   Sanyo Aquarium (Pte) Ltd.

13.10. Qian Hu Corporation Limited

14.  Strategic Recommendations

15.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

down-arrow

Increasing demand for sustainable and eco-friendly practices and rising interest in rare and exotic species are the trends in the market.

down-arrow

The market size of the global ornamental fish market is estimated to be USD5.65 billion in 2022.

down-arrow

Regulatory and legal constraints and environmental factors are the challenges in the market.

down-arrow

The factors that drive the growth of the global ornamental fish market include increasing disposable income, changing lifestyles, growing preference for aquariums as home décor, and the rising demand for ornamental fish in various applications. These factors have contributed to the steady expansion of the market.

Related Reports

profile

Parvati Sharma

Account Manager BD
Press Release

Ornamental Fish Market is Fueled by Tropical Fresh Water Segment During the Forecast Period

Aug, 2023

The global ornamental fish market’s growth is driven by factors including increasing disposable income, urbanization, and the growing preference for aquariums as home decor.

Why Choose Us