Global Aquarium Fish Feed Market Size, Share, Trends & Growth Forecast Report - Segmented By Product Type (Live Food, Processed Food), Fish Type (Goldfish, Tropical Fish, Koi, Others), End-user (Aquarium Shops, Online, Retailers, Others) And By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 5616
Pages: 175

Global Aquarium Fish Feed Market Size (2024 to 2032)

The global aquarium fish feed market was valued at USD 106 billion in 2023 and is anticipated to reach USD 117.15 billion in 2024 from USD 260.78 billion by 2032, growing at a CAGR of 10.52% from 2024 to 2032.

The global aquarium fish feed market size is expected to reach USD193.18 billion by 2029

CURRENT SCENARIO OF THE GLOBAL AQUARIUM FISH FEED MARKET

Aquarium fish feed is the food material consumed by the pet fish kept in an aquarium or pond.

These foods normally contain macronutrients, trace elements, and vitamins that improve the health of the fish. Most of these foods are commonly produced in flake or pellet form because these forms sink rapidly and are easily available to fish. These forms are sometimes used for bottom-feeding species such as catfish or loaches.

Fish feed is available in two forms such as live food and processed food. Live food is the most preferred food for fish, but it is difficult to get. It contains sludge worms, earthworms, bloodworms, water fleas, and feeder fish. Processed food is already prepared for fish consumption made by the aquarist. It contains dry foods, medicated fish food, freeze-dried and frozen fish diets, vacation food, and frozen fish food. Building blocks ingredients of the quality fish food are protein, essential fatty acids, Vitamins A, D, E, and K, and carbohydrates.

MARKET DRIVERS AND RESTRAINTS

People's love of aquariums, rising income, rapid urbanization, growing awareness towards nutritional supplements of fish, and rise in the fish industry, facilitated by the strong expansion of fish production and more efficient distribution channels, are driving the global aquarium fish feed market. However, less shelf life for aquarium fish compared to other fishes and high maintenance are restraining the growth of the market.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2032

Base Year

2023

Forecast Period

2024 to 2032

CAGR

10.52%

Segments Covered

By Product Type, Fish Type, End User, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Tetra, Canadian Aquatic Feed, Hikari, Marubeni Nisshin Feed, UPEC, Aqua One, Beijing New Rainbow, Feed Industries, JBL, Sera, Ocean Nutrition, and Others.

 

SEGMENT ANALYSIS

Global Aquarium Fish Feed Market Analysis By Product Type

The product type segment was dominating the global aquarium fish feed market in 2023 and is likely continue to lead

REGIONAL ANALYSIS

North America followed by Europe, dominated the global aquarium fish feed market due to prior nutritional considerations for fish

North America, followed by Europe, dominated the global aquarium fish feed market due to the prior nutritional considerations for fish, rapid urbanization, and a rise in disposable income. Asia-Pacific is the fastest-growing rate due to emerging economies like China and India, growing demographics, and rising population.

KEY PLAYERS IN THE GLOBAL FISH FEED MARKET

Some of the key players are dominating the global aquarium fish feed market are, Tetra, Canadian Aquatic Feed, Hikari, Marubeni Nisshin Feed, UPEC, Aqua One, Beijing New Rainbow Feed Industries, JBL, Sera, Ocean Nutrition. Some of the market players dominating the global fish feed market.

DETAILED SEGMENTATION OF THE GLOBAL FISH FEED MARKET INCLUDED IN THIS REPORT

This research report on the global fish feed market is segmented and sub-segmented based on the product type, Fish Type, User, and Region.

By Product Type

  • Live food
  • Processed food

By Fish Type

  • Goldfish
  • Tropical fish
  • Koi and others

By End-User

  • Aquarium shops
  • Online
  • Retailers
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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