Ornamental Fish Market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.30% in the above-mentioned forecast period. The benefits include and are not limited to-reducing stress after a hectic workday. Consumers have been observed to be more inclined toward purchasing ornamental fish due to their attractive features and colors. This trend has been driving the demand for aesthetically appealing species with unique characteristics. Ornamental fish can have a calming effect on the surroundings and as a result, these tiny creatures have become an important feature in home decor. The attachment theory applies to human-animal relationships as well, with findings suggesting that both humans and animals can serve as attachment figures and provide feelings of comfort and safety during times of uncertainty or stress.

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• To classify and forecast global ornamental fish market based on type, application, point of sale, company and regional distribution.
• To identify dominant region or segment in the global ornamental fish market.
• To identify drivers and challenges for global ornamental fish market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global ornamental fish market.
• To conduct pricing analysis for global ornamental fish market.
• To identify and analyze the profile of leading players operating in global ornamental fish market.
• To identify key sustainable strategies adopted by market players in global ornamental fish market.

Ornamental Fish Market Report Highlights

• The market is expected to witness a CAGR of 8.5% from 2022 to 2030. The appealing, colorful, and peaceful ornamental fish kept as pets in aquariums provides a variety of psychological advantages to customers of all ages, particularly millennials. This, in turn, is likely to propel their demand
• The tropical freshwater segment accounted for the largest revenue share of 51.8% in 2021 and is expected to expand at a CAGR of 8.2% from 2022 to 2030. It has been observed that consumers are more inclined toward purchasing freshwater fish species due to their high biodiversity, attractive features, and other characteristics
• The household application segment accounted for the largest revenue share of 71.3% in 2021. Consumers have significantly increased their spending on at-home projects and one of those projects is building a reef tank and adopting pets like ornamental fish. As people have been staying at home for longer durations since the spread of covid-19, the popularity of pets has increased, with more people seeking animals for companionship and to reduce stress

Highlight of Table of Content:

• Chapter 1: Market overview
• Chapter 2: Ornamental Fish Market Analysis
• Chapter 3: Regional analysis of the Ornamental Fish Market
• Chapter 4: Market segmentation based on types and applications
• Chapter 5: Revenue analysis based on types and applications
• Chapter 6: Market share
• Chapter 7: Competitive Landscape
• Chapter 8: Drivers, Restraints, Challenges, and Opportunities
• Chapter 9: Gross Margin and Price Analysis

An international Ornamental Fish Market research report endows with great information which offers a telescopic view of the current market trends, situations, opportunities and status. The report encompasses detailed profiles for the Ornamental Fish Market major manufacturers and importers who are influencing the market. This market report evaluates key information about the industry including very important facts and figures, expert opinions, and the latest developments across the world. With this market report, insights into revenue growth and sustainability initiative can be accomplished. Further, the credible Ornamental Fish Market report presents the market info for actionable, most recent and real-time market insights which makes it easier to take critical business decisions.

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Europe dominates the ornamental fish market owing to the consumer’s preference for spending leisure time with pets and adoption of fish keeping as a stress relieving treatment within the region in the forecast period of 2022 to 2029. Asia-Pacific region, on the other hand, is expected to score the highest CAGR owing to the increase in investment in home décor products and disposable income along with improvement of tourism infrastructure at the domestic level which is further expected to increase the establishment of new hotels and restaurants leading to promotion of ornamental fishes for decorative purposes within the above-mentioned forecast period.

Some of the major players operating in the ornamental fish market report are Aqua Nautic., AlgaeBarn, LLC, bioAquatiX, Imperial Tropicals., qianhufish, Oasis Fish Farm, Sagar Fish Aquarium, sanyoaqm, SRS Enterprise, Sundarban Fresh and Modern Pet Centre among others.

Key Target Audience:

• Ornamental fish companies/ suppliers/ distributors
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to ornamental fish

Profound Questions Answered in this Report:

• What is the growth rate of various stages in the value chain of the industry?
• Which region has the highest growth rate and size of the emerging market by value in 2022?
• Who are the competitive players inOrnamental Fish Market?
• Which region has the largest share and degree of competition in the industry?
• What is the CAGR of the market during the forecast period 2022 to 2027?
• Which region is expected to hold the highest market share for the market?
• What is the main driver of the Ornamental Fish Market?
• What is sales volume, revenue, and price analysis of top players of the market?
• What are the market opportunities and threats faced by the vendors in the industry?
• What has been the impact of COVID-19 on the Ornamental Fish Market?

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