Ornamental Fish Market Size, Share & Trends Analysis Report By Product (Tropical Freshwater, Temperate, Marine), By Application (Commercial, Household), By Region, And Segment Forecasts, 2019 - 2025

Published: Sep, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global ornamental fish market size is expected to reach USD 8.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% over the forecast period. Rising importance of ornamental fish for reducing stress and lowering blood pressure and heart rate among the millennials at the global level is expected to promote the market reach. Increasing number of nuclear families in countries including U.S., U.K., Germany, France, and Japan is expected to prompt the buyers to spend on ornamental fishes as a pet.

As per the report of "The National Pet Owners Survey", around 68% of American households own a pet in 2018. Another survey conducted by the American Pet Products Association (APPA) states that 2.5 million U.S. households keep saltwater fish and 12.5 million keep freshwater fish. These aforementioned trends are expected to drive the market in U.S. over the next few years.

Tropical freshwater species generated a revenue of USD 2.6 billion in 2018. Buyers prefer to purchase these fishes due to their easy maintenance, along with easy access through local pet shops. Lifespan of these types are also higher than others. Consumers can keep many tropical freshwater fishes in a single aquarium. Furthermore, these products are available in different colors and species, which attract the buyers to purchase them.

The commercial application segment is expected to expand at the fastest CAGR of 8.4% from 2019 to 2025. A large number of commercial stores including shopping malls, hotels, and restaurants use aquarium as a key element of interior decor. Consumers prefer to purchase ornamental fish with different colors and large sizes. Majority of these stores keep ornamental aqua species in a well decorated aquariums, which attract their customers to purchase the products.

Europe was the largest market for ornamental fish with a revenue of USD 2.0 billion in 2018. Consumers' preference for keeping pets at home is very high in this region. It has been observed that the population of countries including Germany, U.K., France, and Italy prefer to have aquarium as a part of their hobby. Furthermore, increasing spending by the commercial sector on keeping marine species for decoration purpose is expected to drive the market in the upcoming years.

The market is fragmented in nature due to the presence of many private level players. Some of the key players are Aqua Nautic Specialist (ANS), AlgaeBarn LLC, Florida Tropical Fish Direct, BioAquatix, Aqua Leisure, Imperial Tropicals, Captive Bred, Oasis Fish Farm, Sagar Fish Aquarium, and Shanghai Wanjin Ornamental Fish Farm.

Further key findings from the report suggest:

• By product, tropical freshwater species led the market with a revenue of USD 2.6 billion in 2018 owing to their increased popularity and easy maintenance features. The marine products are projected to ascend at a CAGR of 9.0% from 2019 to 2025

• The household application segment generated a revenue of USD 3.6 billion in 2018. The commercial segment is expected to expand at a CAGR of 8.4% from 2019 to 2025 due to increased number of newly established hotels and restaurants at the global level

• Europe was the largest regional market with a revenue of USD 2.0 billion in 2018.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                        1.3.1. Purchased Database
                        1.3.2. GVR's Internal Database
                        1.3.3. Secondary Sources & Third-Party Perspectives
                        1.3.4. Primary Research
                    1.4. Information Analysis
                        1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights
Chapter 3. Ornamental Fish Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                        3.3.1. Sales/Retail Channel Analysis
                        3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                        3.4.1. Market Driver Analysis
                        3.4.2. Market Restraint Analysis
                        3.4.3. Industry Challenges
                        3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                        3.5.1. Industry Analysis - Porter's
                            3.5.1.1. Supplier Power
                            3.5.1.2. Buyer Power
                            3.5.1.3. Substitution Threat
                            3.5.1.4. Threat from New Entrant
                            3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Ornamental Fish Market
                    3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision
                    4.3. Consumer Product Adoption
                    4.4. Observations & Recommendations
Chapter 5. Ornamental Fish Market: Product Estimates & Trend Analysis
                    5.1. Product Movement Analysis & Market Share, 2018 & 2025
                    5.2. Tropical Freshwater
                        5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.3. Temperate
                        5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.4. Marine
                        5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Ornamental Fish Market: Application Estimates & Trend Analysis
                    6.1. Application Movement Analysis & Market Share, 2018 & 2025
                    6.2. Commercial
                        6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.3. Household
                        6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Ornamental Fish Market: Regional Estimates & Trend Analysis
                    7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    7.2. North America
                        7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.2.4. U.S.
                            7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                    7.3. Europe
                        7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.3.4. U.K.
                            7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.3.5. Germany
                            7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                    7.4. Asia Pacific
                        7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.4.4. China
                            7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.4.5. India
                            7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                    7.5. Central & South America
                        7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.5.4. Brazil
                            7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.5.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                    7.6. Middle East & Africa (MEA)
                        7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                        7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                        7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                        7.6.4. South Africa
                            7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                            7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                            7.6.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
Chapter 8. Competitive Landscape
                    8.1. Key global players, recent developments & their impact on the industry
                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    8.3. Vendor Landscape
                        8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                    9.1. Aqua Nautic Specialist (ANS)
                        9.1.1. Company Overview
                        9.1.2. Financial Performance
                        9.1.3. Product Benchmarking
                        9.1.4. Strategic Initiatives
                    9.2. AlgaeBarn LLC
                        9.2.1. Company Overview
                        9.2.2. Financial Performance
                        9.2.3. Product Benchmarking
                        9.2.4. Strategic Initiatives
                    9.3. Florida Tropical Freshwater Fish
                        9.3.1. Company Overview
                        9.3.2. Financial Performance
                        9.3.3. Product Benchmarking
                        9.3.4. Strategic Initiatives
                    9.4. BioAquatix
                        9.4.1. Company Overview
                        9.4.2. Financial Performance
                        9.4.3. Product Benchmarking
                        9.4.4. Strategic Initiatives
                    9.5. Aqua Leisure
                        9.5.1. Company Overview
                        9.5.2. Financial Performance
                        9.5.3. Product Benchmarking
                        9.5.4. Strategic Initiatives
                    9.6. Imperial Tropical Freshwaters
                        9.6.1. Company Overview
                        9.6.2. Financial Performance
                        9.6.3. Product Benchmarking
                        9.6.4. Strategic Initiatives
                    9.7. Captive Bred
                        9.7.1. Company Overview
                        9.7.2. Financial Performance
                        9.7.3. Product Benchmarking
                        9.7.4. Strategic Initiatives
                    9.8. Oasis Fish Farm
                        9.8.1. Company Overview
                        9.8.2. Financial Performance
                        9.8.3. Product Benchmarking
                        9.8.4. Strategic Initiatives
                    9.9. Sagar Fish Aquarium
                        9.9.1. Company Overview
                        9.9.2. Financial Performance
                        9.9.3. Product Benchmarking
                        9.9.4. Strategic Initiatives
                    9.10. Shanghai Wanjin Ornamental Fish Farm
                        9.10.1. Company Overview
                        9.10.2. Financial Performance
                        9.10.3. Product Benchmarking
                        9.10.4. Strategic Initiatives

List of Tables

1. Ornamental Fish - Key market driver analysis
2. Ornamental Fish - Key market restraint analysis
3. Global tropical freshwater ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
4. Global temperate ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
5. Global marine ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
6. Global ornamental fish market estimates and forecast from commercial applications, 2015 - 2025 (USD Million)
7. Global ornamental fish market estimates and forecast from household applications, 2015 - 2025 (USD Million)
8. North America ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
9. North America ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
10. North America ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
11. U.S. ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
12. U.S. ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
13. U.S. ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
14. Europe ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
15. Europe ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
16. Europe ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
17. U.K. ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
18. U.K. ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
19. U.K. ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
20. Germany ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
21. Germany ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Germany ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
23. Asia Pacific ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
24. Asia Pacific ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. Asia Pacific ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
26. China ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
27. China ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. China ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
29. India ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
30. India ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
31. India ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
32. Central & South America ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
33. Central & South America ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Central & South America ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
35. Brazil ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
36. Brazil ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. Brazil ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
38. Middle East and Africa ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
39. Middle East and Africa ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
40. Middle East and Africa ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
41. South Africa ornamental fish market estimates and forecast, 2015 - 2025 (USD Million)
42. South Africa ornamental fish market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
43. South Africa ornamental fish market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
44. Vendor landscape

List of Figures

1. Ornamental Fish market snapshot
2. Ornamental Fish market segmentation & scope
3. Ornamental Fish market penetration & growth prospect mapping
4. Ornamental Fish value chain analysis
5. Ornamental Fish market dynamics
6. Ornamental Fish market Porter's analysis
7. Ornamental Fish market: Product movement analysis
8. Ornamental Fish market: Application movement analysis
9. Ornamental Fish market: Regional movement analysis