Press release
Koi Market 2023 : Trends, Business Growth And Major Driving Factors | Ozark Fisheries Inc., Blackwater Creek Koi Farms, Dainichi Koi Farm, Kloubec Koi Farm, Kodama Koi Farm
Koi Global Market Report
The Business Research Company's Koi Global Market Report 2023 identifies the expansion of the aquaculture sector is expected to propel the growth of the koi market going forward. Aquaculture refers to the practice of breeding, growing, and gathering fish, shellfish, algae, and other organisms in various aquatic environments. Koi are ornamental fish that are raised primarily as pets. Aquaculture, which is practiced by hobbyists and professionals, also includes the raising of Koi. As a result, increased aquaculture will aid in koi rearing. Thus, the expansion of aquaculture will help increase the rearing of koi.
The global koi market is expected to grow from $2.09 billion in 2022 to $2.33 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The koi market is expected to reach $3.53 billion in 2027 at a CAGR of 10.9%.
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Major players in the koi market are Ozark Fisheries Inc., Blackwater Creek Koi Farms, Dainichi Koi Farm, Kloubec Koi Farm, Kodama Koi Farm, Laguna Koi Ponds, Marugen Koi Farm, Narita Koi Farm. Co. Ltd., Ogata Koi Farm Co. Ltd., Konishi Koi Farm Co. Ltd, Hiroi Koi Farm, Hoshikin Koi Farm, Isa Koi Farm, Izumiya Koi Farm, Kaneko Koi Farm, Kanno Koi Farm, Kansuke Koi Farm, Kawakami Koi Farm, Koi Associates Limited, Kokugyokan Koi Farm, Marudo Yorijo, Matsuda Koi Farm, Matsue Koi Farm, Momotaro Koi Farm, Next Day Koi Inc., Nogami Koi Farm, Omosako Koi Farm, Sakai Fish Farm Co. Ltd., and Shanghai Wanjin ornamental fish breeding goldfish Co. Ltd.
A key trend in the Koi market includes the rising adoption of different types of attractive species is expected to propel the growth of the koi market going forward. Attractive species refers to a group of appealing creatures made up of similar individuals capable of interbreeding or gene exchange. Koi are ornamental fish that are raised primarily as pets because of their attractive color combinations.
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The Koi market is segmented -
1) By Type: Kohaku, Taisho Sanke, Showa Sanke, Other Types
2) By Size: Small, Medium, Large
3) By Distribution Channel: Online, Offline
4) By Application: Commercial, Retail, Residential
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Koi market.
The Business Research Company's "Global Koi Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Koi Market Include:
1. Executive Summary
2. Koi Market Characteristics
3. Koi Market Trends And Strategies
4. Koi Market - Macro Economic Scenario
5. Koi Market Size And Growth
……
27. Koi Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Koi Market
29. Koi Market Future Outlook and Potential Analysis
30. Appendix
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