Ornamental Fish Feed Market Future Outlook 2026 Profiling Major Key Players - Alltech Inc., Ocean Star International, Inc., Cargill Incorporated., Hai Feng Feeds Co., Ltd., Taiyo Group, Sera GmbH, AlgaSpring B.V., PT Central Proteina Prima Tbk

Ornamental fish are usually colorful fish, which are kept in confined space of an aquarium as pets. Invertebrates and mollusks are some of the ornamental fish species. Ornamental fish feed is an animal or a plant material intended for consumption of ornamental fish. This feed has specific ingredients such as vegetable proteins, fishmeal and wheat as a binding agent. Increasing number of consumers are inclined towards keeping fishes as pets and this factor has to led to growth in ornamental fish production, in turn positively impacting growth of ornamental fish feed market.

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Various governments are focusing on various initiatives to promote ornamental fisheries sector, which is expected to in turn fuel the market growth. For instance, in India, The Department of Animal Husbandry, Dairying, and Fisheries, launched a pilot scheme Ornamental Fisheries Project, in March 2017, for ornamental fisheries development with a total investment of US$ 11.46 million.

Ornamental Fish Feed - Market Outlook

-Europe accounted for the largest ornamental fish feed market followed by North America in 2016. This is attributed to growing interest of consumers in aquarium fishes in the region. According to Pet Food Manufacturers Association (PFMA), the indoor and outdoor pet fish population was 16 million and 20 million, respectively in 2016 contributing 14% of pet population in the U.K. The U.S. is the single largest importer for ornamental fish in North America, however, Europe is considered as three times bigger than U.S, according to the U.S. Ornamental Fish Association.

-Asia Pacific is expected to exhibit significant growth in the global ornamental fish feed market over the forecast period. This is due to growth of ornamental fish trading in this region. For instance, according to Food and Agriculture Organization, the total value of the aquarium fish trade increases US$ 1 billion per year; and over 50% of the global ornamental fish supply was provided by Asia Pacific region in 2014. In India, most of the cultured and marketed ornamental fish are exotic species.

Ornamental Fish Feed Key Players:

Some of the major market players operating in the global ornamental fish feed market include Alltech Inc., Ocean Star International, Inc., Cargill Incorporated., Hai Feng Feeds Co., Ltd., Taiyo Group, Sera GmbH, AlgaSpring B.V., PT Central Proteina Prima Tbk, and Tianjin Dongjiang food co., LTD.

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