The Latin America, Middle East and Africa Reef Aquarium Market would witness market growth of 12.8% CAGR during the forecast period (2021-2027).
Divers use cyanide squirt bottles or cyanide tablets to inject poison into reef cracks where fish hide. The poison stuns the fish, making it easy to catch them, and they normally recover in a few minutes. Fish are delivered to worldwide wholesalers after being transferred to storage tanks on ships. However, there is a high chance of damaging the liver, stomach, and other tissues of the fishes that are trapped with cyanide to die later.
The reefs where fish are caught suffer just as much as the fish: one research discovered that all cyanide-treated corals died three months after treatment. Divers tear off chunks of coral to collect stunned fish, causing physical harm to coral reefs. Despite the damage to reefs and high fish fatality rates, cyanide is thought to be the most cost-effective way to catch popular species like angel fish and trigger fish.
Brazil is a major country in the marine ornamental trade, utilising native species for both international and domestic markets. Only a few studies have looked at the wild species used by the Brazilian marine aquarium business, and the majority of them have only looked at fish. In the Brazilian marine aquarium trade, a diverse range of native species was discovered, including not only fish but also crustaceans, seaweeds, reefs and macrophytes.
The Brazil market dominated the LAMEA Reef Aquarium Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $181.2 million by 2027. The Argentina market would exhibit a CAGR of 13.4% during (2021 - 2027). Additionally, The UAE market is poised to grow a CAGR of 12.5% during (2021 - 2027).
Based on Product, the market is segmented into Component, Natural, and Artificial. Based on End Use, the market is segmented into Household, Zoo & Oceanarium, and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Reef Aquarium Market is Predict to reach $8.4 Billion by 2027, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Jebao Co. Ltd., Central Garden & Pet Company, Mars, Inc. (API Fish Care), EHEIM GmbH & Co. KG, Spectrum Brands Holdings, Inc., Aqua Design Amano Co., Ltd., Azoo Bio Corporation (Taikong Corporation), OASE GmbH (Argand Partners, LP), Tropical Marine Centre Ltd., and Monkfield Nutrition Ltd. (Arcadia Aquatic).
Scope of the Study
Market Segments Covered in the Report:
By Product
- Component
- Natural
- Artificial
By End Use
- Household
- Zoo & Oceanarium
- Commercial
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Jebao Co. Ltd.
- Central Garden & Pet Company
- Mars, Inc. (API Fish Care)
- EHEIM GmbH & Co. KG
- Spectrum Brands Holdings, Inc.
- Aqua Design Amano Co., Ltd.
- Azoo Bio Corporation (Taikong Corporation)
- OASE GmbH (Argand Partners, LP)
- Tropical Marine Centre Ltd.
- Monkfield Nutrition Ltd. (Arcadia Aquatic)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Reef Aquarium Market, by Product
1.4.2 LAMEA Reef Aquarium Market, by End Use
1.4.3 LAMEA Reef Aquarium Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Reef Aquarium Market by Product
3.1 LAMEA Reef Aquarium Component Market by Country
3.2 LAMEA Reef Aquarium Natural Market by Country
3.3 LAMEA Reef Aquarium Artificial Market by Country
Chapter 4. LAMEA Reef Aquarium Market by End Use
4.1 LAMEA Household Reef Aquarium Market by Country
4.2 LAMEA Zoo & Oceanarium Reef Aquarium Market by Country
4.3 LAMEA Commercial Reef Aquarium Market by Country
Chapter 5. LAMEA Reef Aquarium Market by Country
5.1 Brazil Reef Aquarium Market
5.1.1 Brazil Reef Aquarium Market by Product
5.1.2 Brazil Reef Aquarium Market by End Use
5.2 Argentina Reef Aquarium Market
5.2.1 Argentina Reef Aquarium Market by Product
5.2.2 Argentina Reef Aquarium Market by End Use
5.3 UAE Reef Aquarium Market
5.3.1 UAE Reef Aquarium Market by Product
5.3.2 UAE Reef Aquarium Market by End Use
5.4 Saudi Arabia Reef Aquarium Market
5.4.1 Saudi Arabia Reef Aquarium Market by Product
5.4.2 Saudi Arabia Reef Aquarium Market by End Use
5.5 South Africa Reef Aquarium Market
5.5.1 South Africa Reef Aquarium Market by Product
5.5.2 South Africa Reef Aquarium Market by End Use
5.6 Nigeria Reef Aquarium Market
5.6.1 Nigeria Reef Aquarium Market by Product
5.6.2 Nigeria Reef Aquarium Market by End Use
5.7 Rest of LAMEA Reef Aquarium Market
5.7.1 Rest of LAMEA Reef Aquarium Market by Product
5.7.2 Rest of LAMEA Reef Aquarium Market by End Use
Chapter 6. Company Profiles
6.1 Jebao Co. Ltd.
6.1.1 Company Overview
6.2 Central Garden & Pet Company
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental Analysis
6.3 Mars, Inc. (API Fish Care)
6.3.1 Company Overview
6.4 EHEIM GmbH & Co. KG
6.4.1 Company Overview
6.5 Spectrum Brands Holdings, Inc.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.6 Aqua Design Amano Co., Ltd.
6.6.1 Company Overview
6.7 Azoo Bio Corporation (Taikong Corporation)
6.7.1 Company Overview
6.8 OASE GmbH (Argand Partners, LP)
6.8.1 Company Overview
6.9 Tropical Marine Centre Ltd.
6.9.1 Company Overview
6.10. Monkfield Nutrition Ltd. (Arcadia Aquatic)
6.10.1 Company Overview
TABLE 1 LAMEA Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 4 LAMEA Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 5 LAMEA Reef Aquarium Component Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Reef Aquarium Component Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Reef Aquarium Natural Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Reef Aquarium Natural Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Reef Aquarium Artificial Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Reef Aquarium Artificial Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 12 LAMEA Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 13 LAMEA Household Reef Aquarium Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Household Reef Aquarium Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Zoo & Oceanarium Reef Aquarium Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Zoo & Oceanarium Reef Aquarium Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Commercial Reef Aquarium Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Commercial Reef Aquarium Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Reef Aquarium Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Reef Aquarium Market by Country, 2021 - 2027, USD Million
TABLE 21 Brazil Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 22 Brazil Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 23 Brazil Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 24 Brazil Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 25 Brazil Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 26 Brazil Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 27 Argentina Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 28 Argentina Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 29 Argentina Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 30 Argentina Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 31 Argentina Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 32 Argentina Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 33 UAE Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 34 UAE Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 35 UAE Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 36 UAE Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 37 UAE Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 38 UAE Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 39 Saudi Arabia Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 40 Saudi Arabia Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 41 Saudi Arabia Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 42 Saudi Arabia Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 43 Saudi Arabia Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 44 Saudi Arabia Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 45 South Africa Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 46 South Africa Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 47 South Africa Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 48 South Africa Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 49 South Africa Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 50 South Africa Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 51 Nigeria Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 52 Nigeria Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 53 Nigeria Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 54 Nigeria Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 55 Nigeria Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 56 Nigeria Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 57 Rest of LAMEA Reef Aquarium Market, 2017 - 2020, USD Million
TABLE 58 Rest of LAMEA Reef Aquarium Market, 2021 - 2027, USD Million
TABLE 59 Rest of LAMEA Reef Aquarium Market by Product, 2017 - 2020, USD Million
TABLE 60 Rest of LAMEA Reef Aquarium Market by Product, 2021 - 2027, USD Million
TABLE 61 Rest of LAMEA Reef Aquarium Market by End Use, 2017 - 2020, USD Million
TABLE 62 Rest of LAMEA Reef Aquarium Market by End Use, 2021 - 2027, USD Million
TABLE 63 Key Information – Jebao Co. Ltd
TABLE 64 Key Information – Central Garden & Pet Company
TABLE 65 key information – Mars, Inc.
TABLE 66 Key Information – EHEIM GmbH & Co. KG
TABLE 67 Key Information – Spectrum Brands Holdings, Inc.
TABLE 68 Key Information – Aqua Design Amano Co., Ltd.
TABLE 69 Key Information – Azoo Bio Corporation
TABLE 70 Key Information – OASE GmbH
TABLE 71 Key Information – Tropical Marine Centre Ltd.
TABLE 72 Key Information – Monkfield Nutrition Ltd.
List of Figures
FIG 1 Methodology for the research