PUBLISHER: KBV Research | PRODUCT CODE: 1093488
PUBLISHER: KBV Research | PRODUCT CODE: 1093488
LAMEA Ornamental Fish Market Size, Share & Industry Trends Analysis Report By Application (Commercial and Household), By Product (Tropical Freshwater, Temperate, and Marine), By Country and Growth Forecast, 2022 - 2028
The Latin America, Middle East and Africa Ornamental Fish Market would witness market growth of 9.8% CAGR during the forecast period (2022-2028).
The wide variety of fish, invertebrates, plants and live rock accessible to aquarium hobbyists can easily overwhelm them, leaving them forgetting about their source and method of collection. Even though many species in the hobby have been cultivated and grown on farms, it is imperative to note that many species are also sourced from the wild and are not in infinite supply.
The great majority of aquarium decorative fish is farm-raised and come from freshwater. Ornamental fish are mostly cultivated in Florida in the United States. Thailand, Indonesia, Singapore, China, Malaysia, and Japan are among the countries that have long specialized in the breeding and propagation of freshwater ornamental fish. The cultivation of ornamental fish has recently relocated to areas near consumer hubs.
Aquarium fish keeping is a growingly popular hobby that has resulted in ornamental fish being exported in over 125 countries around the world in recent years. The bulk of ornamental fish come from developing countries, most of which are in tropical and sub-tropical climates. The ornamental fish business is estimated to include approximately 2500 species, with freshwater ornamental fish accounting for 60% of the total. Marine ornamental fish account for over 15% of the ornamental fish market in terms of value, with 98 percent of these fish being wild-caught.
The ornamental sector in South Africa is still in its youth, with relatively low domestic production volumes. The local market is dependent on imported ornamental fish due to insufficient supply. The production of ornamental fish in South Africa is difficult due to climate extremes and cold winter temperatures, as well as the requirement for innovative technology, infrastructure, and industry specialists that are highly competent and informed. There are currently no recognized marine ornamental providers in South Africa, indicating a market vacuum. South Africa is now producing freshwater ornamental fish, although the supply is restricted, relying on local markets and retailers in Gauteng and KwaZulu Natal.
The Brazil market dominated the LAMEA Ornamental Fish Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $147.4 million by 2028. The Argentina market is poised to grow at a CAGR of 10.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.5% during (2022 - 2028).
Based on Application, the market is segmented into Commercial and Household. Based on Product, the market is segmented into Tropical Freshwater, Temperate, and Marine. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aqua-Nautic Specialist Pte Ltd., AlgaeBarn, LLC, bioAquatiX, Imperial Tropicals, Oasis Fish Farm, Sanyo Aquarium (Pte) Ltd., Qian Hu Corporation Limited, Sunbeam Aquarium Pte Ltd., and Tropical Fish International Pte Ltd.
Scope of the Study
Market Segments covered in the Report:
By Application
- Commercial
- Household
By Product
- Tropical Freshwater
- Temperate
- Marine
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Aqua-Nautic Specialist Pte Ltd.
- AlgaeBarn, LLC
- bioAquatiX
- Imperial Tropicals
- Oasis Fish Farm
- Sanyo Aquarium (Pte) Ltd.
- Qian Hu Corporation Limited
- Sunbeam Aquarium Pte Ltd.
- Tropical Fish International Pte Ltd.
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Ornamental Fish Market, by Application
- 1.4.2 LAMEA Ornamental Fish Market, by Product
- 1.4.3 LAMEA Ornamental Fish Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. LAMEA Ornamental Fish Market by Application
- 3.1 LAMEA Commercial Market by Country
- 3.2 LAMEA Household Market by Country
Chapter 4. LAMEA Ornamental Fish Market by Product
- 4.1 LAMEA Tropical Freshwater Market by Country
- 4.2 LAMEA Temperate Market by Country
- 4.3 LAMEA Marine Market by Country
Chapter 5. LAMEA Ornamental Fish Market by Country
- 5.1 Brazil Ornamental Fish Market
- 5.1.1 Brazil Ornamental Fish Market by Application
- 5.1.2 Brazil Ornamental Fish Market by Product
- 5.2 Argentina Ornamental Fish Market
- 5.2.1 Argentina Ornamental Fish Market by Application
- 5.2.2 Argentina Ornamental Fish Market by Product
- 5.3 UAE Ornamental Fish Market
- 5.3.1 UAE Ornamental Fish Market by Application
- 5.3.2 UAE Ornamental Fish Market by Product
- 5.4 Saudi Arabia Ornamental Fish Market
- 5.4.1 Saudi Arabia Ornamental Fish Market by Application
- 5.4.2 Saudi Arabia Ornamental Fish Market by Product
- 5.5 South Africa Ornamental Fish Market
- 5.5.1 South Africa Ornamental Fish Market by Application
- 5.5.2 South Africa Ornamental Fish Market by Product
- 5.6 Nigeria Ornamental Fish Market
- 5.6.1 Nigeria Ornamental Fish Market by Application
- 5.6.2 Nigeria Ornamental Fish Market by Product
- 5.7 Rest of LAMEA Ornamental Fish Market
- 5.7.1 Rest of LAMEA Ornamental Fish Market by Application
- 5.7.2 Rest of LAMEA Ornamental Fish Market by Product
Chapter 6. Company Profiles
- 6.1 Aqua-Nautic Specialist Pte Ltd.
- 6.1.1 Company Overview
- 6.2 AlgaeBarn, LLC
- 6.2.1 Company Overview
- 6.3 bioAquatiX
- 6.3.1 Company Overview
- 6.4 Imperial Tropicals
- 6.4.1 Company Overview
- 6.5 Oasis Fish Farm
- 6.5.1 Company Overview
- 6.6 Sanyo Aquarium (Pte) Ltd.
- 6.6.1 Company Overview
- 6.7 Qian Hu Corporation Limited
- 6.7.1 Company Overview
- 6.7.2 Financial Analysis
- 6.7.3 Segmental and Regional Analysis
- 6.8 Sunbeam Aquarium Pte Ltd.
- 6.8.1 Company Overview
- 6.9 Tropical Fish International Pte Ltd.
- 6.9.1 Company Overview
LIST OF TABLES
- TABLE 1 LAMEA Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 2 LAMEA Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 3 LAMEA Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 4 LAMEA Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 5 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
- TABLE 6 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
- TABLE 7 LAMEA Household Market by Country, 2018 - 2021, USD Million
- TABLE 8 LAMEA Household Market by Country, 2022 - 2028, USD Million
- TABLE 9 LAMEA Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 10 LAMEA Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 11 LAMEA Tropical Freshwater Market by Country, 2018 - 2021, USD Million
- TABLE 12 LAMEA Tropical Freshwater Market by Country, 2022 - 2028, USD Million
- TABLE 13 LAMEA Temperate Market by Country, 2018 - 2021, USD Million
- TABLE 14 LAMEA Temperate Market by Country, 2022 - 2028, USD Million
- TABLE 15 LAMEA Marine Market by Country, 2018 - 2021, USD Million
- TABLE 16 LAMEA Marine Market by Country, 2022 - 2028, USD Million
- TABLE 17 LAMEA Ornamental Fish Market by Country, 2018 - 2021, USD Million
- TABLE 18 LAMEA Ornamental Fish Market by Country, 2022 - 2028, USD Million
- TABLE 19 Brazil Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 20 Brazil Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 21 Brazil Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 22 Brazil Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 23 Brazil Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 24 Brazil Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 25 Argentina Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 26 Argentina Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 27 Argentina Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 28 Argentina Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 29 Argentina Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 30 Argentina Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 31 UAE Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 32 UAE Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 33 UAE Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 34 UAE Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 35 UAE Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 36 UAE Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 37 Saudi Arabia Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 38 Saudi Arabia Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 39 Saudi Arabia Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 40 Saudi Arabia Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 41 Saudi Arabia Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 42 Saudi Arabia Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 43 South Africa Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 44 South Africa Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 45 South Africa Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 46 South Africa Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 47 South Africa Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 48 South Africa Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 49 Nigeria Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 50 Nigeria Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 51 Nigeria Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 52 Nigeria Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 53 Nigeria Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 54 Nigeria Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 55 Rest of LAMEA Ornamental Fish Market, 2018 - 2021, USD Million
- TABLE 56 Rest of LAMEA Ornamental Fish Market, 2022 - 2028, USD Million
- TABLE 57 Rest of LAMEA Ornamental Fish Market by Application, 2018 - 2021, USD Million
- TABLE 58 Rest of LAMEA Ornamental Fish Market by Application, 2022 - 2028, USD Million
- TABLE 59 Rest of LAMEA Ornamental Fish Market by Product, 2018 - 2021, USD Million
- TABLE 60 Rest of LAMEA Ornamental Fish Market by Product, 2022 - 2028, USD Million
- TABLE 61 Key Information - Aqua-Nautic Specialist Pte Ltd.
- TABLE 62 Key Information - AlgaeBarn, LLC
- TABLE 63 Key Information - bioAquatiX
- TABLE 64 Key Information - Imperial Tropicals
- TABLE 65 Key Information - Oasis Fish Farm
- TABLE 66 Key Information - Sanyo Aquarium (Pte) Ltd.
- TABLE 67 Key Information - Qian Hu Corporation Limited
- TABLE 68 Key Information - Sunbeam Aquarium Pte Ltd.
- TABLE 69 Key Information - Tropical Fish International Pte Ltd.
List of Figures
- FIG 1 Methodology for the research
