Ornamental fish Market to Witness Remarkable Growth, Fostered by Growing Number of Ornamental Fisheries Across Globe
According to a new report published by FAST.MR, titled, “Ornamental Fish Market” witnessed a market value of USD XXX billion in 2018 and is considered to surpass USD XXX billion by 2024, recording a compound annual growth rate (CAGR) of XX% between 2019 and 2024. The ornamental fish market is analysed based on regions, by type, by end user and by distribution channel. The regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The research report also includes detailed competitive analysis of dominant market players in ornamental fish market.
Based on the type, the market has been classified into freshwater ornamental fishes (freshwater temperate fish, freshwater tropical fish, others) and saltwater ornamental fishes (marine tropical fish, marine Coldwater fishes, others). In type segment, freshwater ornamental fish segment contributed around XX% market share of the ornamental fish market in 2018. Ornamental fishes are considered as one of the most adopted pets. Since fish keeping hobby is spreading across the globe, the demand for ornamental fishes is also getting stronger with time.
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Ornamental fish end user segment includes commercial and residential end user segments. Residential ornamental fish segment was valued at USD XX million in 2018 and is expected to reach USD XX Million by 2024, progressing at a CAGR of XX% from 2019 to 2024. On the basis of distribution channel, the market is categorized into specialty stores, multi-specialty stores, online stores, and others. At present, speciality store segment represents XX% of the total ornamental fish market.
Region-wise, the market has been segmented into Europe, Asia Pacific, North America, the Middle East & Africa, and Latin America. At present, Europe region has acquired significant market shares and is poised to continue its dominance in the coming years. Based on country, U.S. is the leading market for ornamental fish market. The competitive landscape of the market has been examined in the report.
Research Scope and Deliverables:
- Research Methodology & Executive Summary
- Market Drivers, Trends, Barriers and Opportunities
- Market Size and Forecast Projections
- Competitive Analysis
- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
- Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyses the ornamental fish market by the following segments:
- Distribution Channel
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the further breakdown of market data and analysis of region into countries is covered in the report.
FAST.MR is a global market research and business-consulting organization that aims to provide a deep market insight to our clients, which helps them in better decision making in the dynamic environment. We have a team of highly qualified personnel that studies the market in depth to provide our clients with better strategies to stand out in the market.
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