(MENAFN- GlobeNewsWire - Nasdaq) Growing millennial interest in colorful fish, the trend of keeping aquarium as part of a luxury lifestyle, new developments in aquariums featuring advanced designs, rise in aqua scaping for aesthetic reasons are major factors boosting the U.S. ornamental fish market.Dublin, Nov. 26, 2024 (GLOBE NEWSWIRE) -- The "U.S. Ornamental Fish market Size, Share & Trends Analysis Report by Product (Tropical Freshwater, Temperate, Marine), Application (Household & Commercial), and Segment Forecasts, 2025-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. ornamental fish market size is expected to reach USD 2.83 billion by 2030, registering CAGR of 9.1% from 2025 to 2030.
Recent technological breakthroughs have provided ornamental fish enthusiasts with something they have never had before - variety in species and easy to maintain aquarium ecosystems. Species such as the goldfish, tetras, barbs and catfish are best for beginners as they are relatively peaceful and not very demanding. Moreover, due to the advent of self-cleaning aquariums, even novices have taken an interest in ornamental fish.
The psychological benefits associated with keeping a fish and human interaction with it also a factor ramping the demand for ornamental fish. Various studies and research have found that live fish viewing enhances feelings of happiness, relaxation, and anxiety. 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.
Since more people are moving into apartments and smaller residences in cities, there is less room for larger animals to live there. Because they are peaceful animals and take up less space in homes, people are increasingly choosing to keep fish as pets. For the ornamental fish industry in the residential sector, this trend is generating a growth potential. Modern trends such as the nano aquariums and planted aquariums will further boost the ornamental fish industry in the U.S.
U.S. Ornamental Fish Market Report Highlights
The tropical freshwater segment held the largest share in 2024, owing to its easy to maintain routine and the variety it offers. The freshwater fish suppliers in U.S. offer high quality tropical freshwater fish. Some popular tropical freshwater varieties are Guppy, Molly, Zebra Danio, Betta, Catfish, and Swordtail. Household application segment dominated the market in 2024, around 69% of the U.S. households, or about 85 million families, own a pet, with 13.1% of those owning a fish as a pet (APPA). Advancements in smart technologies are also contributing to the growing number of aquarium hobbyists, which as a result is propelling the segment. The consumer trends driving the ornamental fish business are largely comparable to those guiding the pet care sector as a whole. Consumers all over the world are adopting more and more different pets. When it comes to pet adoption and pet care goods, the millennial demographic has a higher spending propensity than other age groups
Why should you buy this report?
Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments Competitive Landscape: Explore the market presence of key players worldwide Future Trends: Discover the pivotal trends and drivers shaping the future of the global market Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
Market intelligence to enable effective decision-making Market estimates and forecasts from 2018 to 2030 Growth opportunities and trend analyses Segment and regional revenue forecasts for market assessment Competition strategy and market share analysis Product innovation listing for you to stay ahead of the curve
The leading players in the U.S. Ornamental Fish market include:
LiveAquaria Aqua-Nautic Specialist Tropical Fish International Ruinemans Aquarium Imperial Tropicals AlgaeBarn Aquatic Interiors bioAquatiX Aqua Leisure Aqua Hut
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 60 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $1.68 Billion |
| Forecasted Market Value (USD) by 2030 | $2.83 Billion |
| Compound Annual Growth Rate | 9.1% |
| Regions Covered | United States |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Product Outlook
2.3. Application Outlook
2.4. Competitive Landscape Snapshot
Chapter 3. U.S. Ornamental Fish Market Variables and Trends
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.4. Market Dynamics
3.5. Industry Analysis Tools
3.6. Roadmap of U.S. Ornamental Fish Market
3.7. U.S. Ornamental Fish Market: Technology Outlook
Chapter 4. U.S. Ornamental Fish Market: Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends & Preferences
4.3. Factors Affecting Buying Decisions
4.4. Consumer Service Adoption
4.5. Observations & Recommendations
Chapter 5. U.S. Ornamental Fish Market: Product Estimates & Trend Analysis
5.1. U.S. Ornamental Fish Market, By Product: Key Takeaways
5.2. Product Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
5.3.1. Tropical Freshwater
5.3.2. Temperate
5.3.3. Marine
Chapter 6. U.S. Ornamental Fish Market: Application Estimates & Trend Analysis
6.1. U.S. Ornamental Fish Market, By Application: Key Takeaways
6.2. Application Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
6.3.1. Commercial
6.3.2. Household
Chapter 7. U.S. Ornamental Fish Market: Competitive Analysis
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Participant's Overview
7.4. Financial Performance
7.5. Product Benchmarking
7.6. Company Market Share Analysis, 2024 (%)
7.7. Company Heat Map Analysis, 2024
7.8. Strategy Mapping
7.9. Company Profiles
LiveAquaria Aqua-Nautic Specialist Tropical Fish International Ruinemans Aquarium Imperial Tropicals AlgaeBarn Aquatic Interiors bioAquatiX Aqua Leisure Aqua Hut
For more information about this report visit
About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
U.S. Ornamental Fish Market
CONTACT:
CONTACT:
Laura Wood,Senior Press Manager
...
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
MENAFN26112024004107003653ID1108927038
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.