Ornamental Fish Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2025

iCrowd Newswire
30 Jun 2020, 01:18 GMT+10

Summary

A New Market Study, titled "Ornamental Fish Market Upcoming Trends, Growth Drivers and Challenges" has been featured on WiseGuyReports.

This report provides in depth study of "Ornamental Fish Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Ornamental Fish Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

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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.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Ornamental Fish 3900 market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

This report also analyses the impact of Coronavirus COVID-19 on the Ornamental Fish 3900 industry.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Ornamental Fish market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Ornamental Fish market in terms of both revenue and volume.

Players, stakeholders, and other participants in the global Ornamental Fish market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015-2026.

Regional and Country-level Analysis

The report offers an exhaustive geographical analysis of the global Ornamental Fish market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of sales for the period 2015-2026.

The following manufacturers are covered in this report:

Liuji

Jiahe

Wanjin

Haojin

...

Ornamental Fish Breakdown Data by Type

Freshwater fish

Marine fish

Ornamental Fish Breakdown Data by Application

Commercial application

Residential application