The global ornamental fish feed market was valued at USD 331 million in 2024 and is projected to reach USD 444.84 million by 2034, growing at a CAGR of 3%. This growth is supported by rising interest in ornamental aquaculture, increasing pet ownership, and advancements in high-quality, nutritionally balanced fish feed formulations.
Ornamental Fish Feed Market Highlights
- Europe dominated the global market in 2024.
- Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
- By type, the processed food segment held a dominant presence in the market in 2024.
- By type, the live food segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
- By application, the tropical fish segment accounted for a considerable share of the market in 2024.
- By application, the koi segment is projected to experience the highest growth rate in the market between 2025 and 2034.
Ornamental Fish Feed Market Statical Scope
| Reports Attributes |
Statistics |
| Market Size in 2024 |
USD 789 Million |
| Market Size in 2025 |
USD 803.2 Million |
| Market Size in 2031 |
USD 893.95 Million |
| Market Size by 2034 |
USD 943.09 Million |
| CAGR 2025 to 2034 |
1.8% |
| Base Year |
2024 |
| Forecast Period |
2025 to 2034 |
The ornamental fish feed market is expanding at a significant pace, where the majority of the growth is driven by the urban population that is adopting aquariums in their households, offices, and other commercial spaces for aesthetic appeal and personal interests. The advancements in their lifestyles are mainly promoted by the rising disposable income and social media influence, which significantly creates a popular business spot for ornamental fish feeds. The market may face certain challenges due to the higher cost of premium foods that can restrict its affordability for some individuals. However, the rising e-commerce expansion is one of the opportunistic factors that is expected to drive the sales of the ornamental fish feed market in the future due to its convenience.
AI has been playing a major role in attracting significant revenue as it provides personalized feeding solutions, where it monitors the fish species, their behavior, and other factors. This is further used to track any illness or disease, which can help take precautions. Moreover, AI has a major role to play in the rise of digital selling platforms as it will help them to target a specific audience.
Published by
Vidyesh Swar
