What is Clown Fish Market?
Clownfish also called anemonefish belongs to the Pomacentridae family. This comes in orange, reddish, or yellow color and many white strips. All clownfish are born male and have the ability to change their sex to become the dominant female of the group. Clownfish market is growing owing to increasing government initiative to conserve this rare species and maintaining ocean eco-system. Further, an increasing number of aquarium across the globe expected to drive the demand for clownfish over the forecasted period.
The market study is being classified by Type (Amphiprion Ocellaris, Maroon Clownfish, Tomato Clownfish and Amphiprion Polymnus), by Application (Commercial Aquarium, Home Aquarium and Others) and major geographies with country level break-up.
ORA Clownfish (United States), Fisheries Research Institute (India), Sustainable Aquatics (United States), Sea & Reef Aquaculture (United States), Hans Novelty Ltd. (Hong Kong), Bali Aquarich (Indonesia), Aquamarine International (Sri Lanka), Mojo Limited (Hong Kong) and Jays Clownfish (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Atlantic City Aquarium (United States) and Audubon Aquarium of the Americas (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Clown Fish market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Clown Fish market by Type, Application and Region.
On the basis of geography, the market of Clown Fish has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Government Initiative to Conserve This Species
- Rising Number of Aquariums Worldwide
Market Trend
- Increasing Popularity of Clown Fish for Home Aquarium
Restraints
- Low Availability of Clown Fish Owing To Damaging Sea Eco-System
- Short Lifespan of Clown Fish
Opportunities
- Growing Investment towards Harvesting Of Clown Fish
- Effective Management of Ocean Eco-System with Focus towards Curbing Water Pollutants
Challenges
- Meeting Rising Demand and Import of Clown Fish
6th August 2018, Researchers from the University of Western Australia solved the mystery of clownfish coloration. They found the relationship between coloration and toxicity of the marine anemone species. The clownfish in more venomous ocean carry less white strips which shows extraordinary coloration is the protective function of the clownfish.
Key Target Audience
Clown Fish Providers, Aquariums and Research Organizations, Associations, Organizations, and Alliances Related to Clown Fish, Government Regulatory, Business Entities and Consulting Companies, Investment Research Firms / Associations, Government Organizations and Others