Ornamental fishes are colorful species of fish that are kept in a confined space of an aquarium or garden pool. The ornamental fish feed includes animal or plant material which serves as a nutrition source for these fishes. Ornamental fishes require macronutrients, vitamins, and some elements in trace quantities for maintaining good health. Fish food must ideally provide them with energy and must be easily digested to prevent renal failure and other infections. Ornamental fish feed is available in various forms such as dried food, frozen food, and live food. Frozen food is artificially prepared food in the form of flakes, tablets, and pellets and has high nutritious value. Some fish food also contains additives to enhance the color of the fish artificially.
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The ornamental fish feed consumption market is anticipated to grow in the forecast period owing to driving factors such as rising disposable income coupled with increasing adoption of ornamental fishes on account of the growing interest of consumers towards aquarium fishes. Moreover, government initiatives promoting the ornamental fisheries sector further boost the growth of the ornamental fish feed consumption market. However, stringent government regulations against the cruelty of animals negatively affect the growth of the ornamental fish feed consumption market. On the other hand, increased awareness towards nutritional considerations of fishes is likely to showcase growth opportunity for the ornamental fish feed consumption market during the forecast period. Ornamental Fish Feed Consumption Market
Top Companies List
AlgaSpring B.V., Alltech Inc, Cargill, Incorporated., Hai Feng Feeds Co., Ltd., Ocean Nutrition, Ocean Star International, Inc., PT Central Proteina Prima Tbk, sera GmbH, Taiyo Feed Mill Pvt Ltd., Tianjin Dongjiang Food Co., Ltd.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ornamental fish feed consumption market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
Source: The Insight Partners