Worldwide Ornamental Fish Industry to 2025 - Featuring Sunbean Aquarium, Sanyo Aquarium and AlgaeBarn Among Others - PRNewswire

Worldwide Ornamental Fish Industry to 2025 - Featuring Sunbean Aquarium, Sanyo Aquarium and AlgaeBarn Among Others - PRNewswire


Worldwide Ornamental Fish Industry to 2025 - Featuring Sunbean Aquarium, Sanyo Aquarium and AlgaeBarn Among Others - PRNewswire

Posted: 24 Feb 2021 08:45 AM PST

DUBLIN, Feb. 24, 2021 /PRNewswire/ -- The "Global Ornamental Fish Market, By Type (Tropical Fresh Water, Temperate Fresh Water, Marine Ornamentals), By Application (Residential, Commercial), By Point of Sale (Dedicated Stores, Multi-Specialty Stores, Others), By Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.

The Global Ornamental Fish Market was valued USD 6,800 Million in 2019 and is forecast to reach USD 11,336.47 Million by 2025, growing at a CAGR of over 10% through 2025.

Anticipated growth in the market can be attributed to changing lifestyle and growing preference of millennials in keeping aquarium as home decor item. With increasing disposable income, consumers are willing to spend on colorful attractive fishes to be kept in their home aquarium. Further, various scientific studies reveal that the use of ornamental fishes in household aquariums provides psychological advantages to the house members and hence the market is witnessing an increasing demand for ornamental fishes. Aquariums are also said to help in reducing stress and provide calm effect on the members of the house.

The inclination towards luxury lifestyle is also aiding the growth of ornamental fish market. The consumers are preferring buying colorful species of these ornamental fishes as their pet. Also, increasing prohibitions on keeping pets such as dogs and cats in high rise apartments is expected to fuel the demand for ornamental fishes in the coming years. The introduction and breeding of exotic species and growing interest in fish keeping are also some other driving factors for ornamental fishes' market growth.

The Global Ornamental Fish Market is segmented based on type, application, point of sale and region. Based on type, the market is segmented into tropical fresh water, temperate fresh water and marine ornamentals. The tropical freshwater fish species dominated the global market in 2019 with share of 58.27% and the segment is expected to undergo the highest growth during the forecast period as they are easy to take care of and come in various attractive colors. Also, new beginner aquarium owners prefer to keep tropical freshwater fishes owing to its convenience.

Based on application, the Global Ornamental Fish Market is segmented into residential and commercial. The residential segment currently dominates the global market as large number of urban populations prefer to keep pets in their home. However, the commercial segment is expected to undergo the highest growth by 2025 owing to the increasing adoption aquariums as attractive decoration item at hotels, restaurants and shopping malls and complexes.

The major players operating in the Global Ornamental Fish Market are Aqua Nautic Specialist (ANS) Pte Ltd, Tropical Fish International Pte Ltd, Sunbean Aquarium Pte Ltd, Sanyo Aquarium (Pte) Ltd, Qian Hu Fish Farm Trading, AlgaeBarn LLC, BioAquatix.com, Imperial Tropicals, Inc., Oasis Fish Farm Co., and Sagar Fish Aquarium. The market is highly competitive with presence of both small and large companies. Leading companies are investing in ornamental fish farming to increase their market share and revenue.

Objective of the Study:

  • To analyze and estimate the market size of the Global Ornamental Fish Market from 2015 to 2018.
  • To estimate and forecast the market size of the Global Ornamental Fish Market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast the 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 the Global Ornamental Fish Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Ornamental Fish Market.
  • To conduct pricing analysis for the Global Ornamental Fish Market.
  • To identify and analyze the profile of leading players operating in the Global Ornamental Fish Market.
  • To identify key sustainable strategies adopted by market players in the Global Ornamental Fish Market.

Key Topics Covered:

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 (Tropical Fresh Water, Temperate Fresh Water, Marine Ornamentals)
5.2.2. By Application (Residential, Commercial)
5.2.3. By Point of Sale (Dedicated Stores, Multi-Specialty stores, Online, Others)
5.2.4. By Region (Asia-Pacific, North America, Europe, South America, MEA)
5.2.5. By Company (2019)
5.3. Market Attractiveness Index

6. Asia-Pacific Ornamental Fish Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
6.3. Pricing Analysis
6.4. Asia-Pacific: Country Analysis

7. Europe Ornamental Fish Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. Pricing Analysis
7.4. Europe: Country Analysis

8. North America Ornamental Fish Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Pricing Analysis
8.4. North America: Country Analysis

9. South America Ornamental Fish Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. Pricing Analysis
9.4. South America: Country Analysis

10. Middle East and Africa Ornamental Fish Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. Pricing Analysis
10.4. MEA: Country Analysis

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Players Profiled (Leading Companies)
13.1.1. Aqua Nautic Specialist (ANS) Pte Ltd
13.1.2. Tropical Fish International Pte Ltd
13.1.3. Sunbean Aquarium Pte Ltd
13.1.4. Sanyo Aquarium (Pte) Ltd
13.1.5. Qian Hu Fish Farm Trading
13.1.6. AlgaeBarn LLC
13.1.7. BioAquatix.com
13.1.8. Imperial Tropicals, Inc.
13.1.9. Oasis Fish Farm Co.
13.1.10. Sagar Fish Aquarium

14. Strategic Recommendations

15. About Us & Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/h7fgfe

Media Contact:

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Laura Wood, Senior Manager
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Fish tanks: How Houston-area aquarium hobbyists can recover their tanks after brutal winter storm - KPRC Click2Houston

Posted: 24 Feb 2021 01:56 PM PST

HOUSTON – Many Houstonian aquarists are finding themselves rebuilding and recovering their aquariums after the historic Texas winter storm that brought widespread power and water outages.

While many tanks have survived the freeze, others have been unlucky, which brings discouragement to aquarists who brought great care for their fish for months, if not years.

KPRC 2 spoke to Prosper DeBee, owner of Aqua Zoo on El Dorado Boulevard in Webster, where the shop had to deal with power and water issues for two days during the freeze. Thankfully, they suffered minimal losses, but the shop was unable to provide aquarium water due to a burst pipe, per its Facebook page.

"We've been mostly lucky, but I know many other stores around Texas have lost a lot of their livestock," DeBee told KPRC 2.

DeBee's customers reached out to him regarding multiple tank losses, ranging from minimal to catastrophic, as water temperatures went way below the recommended threshold of 75-80 degrees for most tropical and marine fish tanks, adding stress to fish.

What needs to be done after the storm?

Several factors go into play as many aquarists recover, such as previous water changes, the amount of fish and the home temperature during the outages.

DeBee recommends aquarists check for boil water notices if they are still in effect and perform a water change as soon as possible. If you are still under a boil water notice, hold off on the water change or purchase filtered water at a nearby aquatic store.

Your water system must be flushed before performing the change to eliminate harmful elements that can harm fish.

He also recommends to get your water tested to make sure it is optimized. Aqua Zoo, among other Houston-area aquarium and pet shops can test your water for ammonia, nitrite, nitrate, chloramine and water hardness for free.

If you have been out of power for a couple days or more, DeBee recommends adding new beneficial bacteria. "Most of your bacteria will pass away, just like your fish," he said.

How to restart your aquarium after a loss?

When it's time to start over after a full tank loss, DeBee told KPRC 2 it's not too late to go back but also recommends patience when re-establishing your tanks again.

Discard dead fish and corals properly. According to Fish Tank Advisor, it is unhealthy for the marine environment.

After cleaning out all aquarium ornaments, substrate (sand and rocks) and plants with clean water, clean out fish tank to minimize disease. DeBee recommends a 75 percent water change to keep the bacteria intact.

Before adding new fish, restart the nitrogen cycle to minimize ammonia and nitrite levels.

What can aquarists prepare for the next disaster?

DeBee recommends investing in a generator before the next power outage. However, there are a few ways to keep your fish tank stable when the power goes out.

Several members of the Greater Houston Aquarium Club on Facebook recommended a battery-powered air pump to keep your tanks oxygenated as a temporary fix.

"One way people can do is to grab a cup, dip some water and put it back in the tank. It brings some oxygen to the fish." DeBee said.

When it comes to the cold weather, DeBee said putting a blanket over your fish tank can also keep the water warm. "Depending on how long you've been out of power, it is better to leave your fish alone."

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