Koi Market Report 2024 (Global Edition)

Global Koi Market Report 2024 Market Size Split by Type (Kohaku, Taisho Sanke, Showa Sanke, Others), by Application (Commercial, Retail)

Koi Market Report Description

We have various report editions of Koi Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Koi Market Insights Video

Competitive Landscape of the Koi Market

The competitive landscape of the Koi market is marked by a blend of traditional expertise, online accessibility, and a commitment to ethical practices. As the market continues to expand, a balance between innovation, quality, and sustainability will be key for businesses aiming to thrive in this competitive and captivating industry.

Koi Industry News

• January 2018: Cargill, a multinational corporation, established a fish feed factory in India. This innovative facility marks the first of its kind in the country, focusing solely on fish feed production. With an impressive output of 90,000 tonnes per year, this mill is expected to triple Cargill's fish feed manufacturing capacity in India.
• July 2019: Sera GmbH has unveiled a new range of nourishing and wholesome tablet food and feeding products for ornamental fish. The product line includes Plankton Tabs Nature, Spirulina Tabs Nature, O-Nip Nature, Viformo Nature, and Micron Nature.

Top Companies Market Share in Koi Industry: (In no particular order of Rank)

• Liuji
• JiaheTianyuan
• Wanjin
• Haojin
• Chongqing Shanghua
• Guangzhou Zhengda Aquatic
• Liuji
• AlgaeBarn LLC
• bioAquatiX
• Imperial Tropicals
• LiveAquaria
• Oasis Fish Farm
• Sanyo Aquarium (Pte) Ltd.
• QianHu Corporation Limited
• Sunbeam Aquarium Pte Ltd.
• Tropical Fish International Pte Ltd.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Asia Pacific Koi Market accounts for the largest share of the Global Market

According to Cognitive Market Research, the Asia Pacific region stands as the largest market for Koi, driven by its deep-rooted cultural significance, ornamental value, and thriving community of Koi enthusiasts. This region, particularly countries like Japan, China, and Indonesia, has a rich history of Koi breeding and appreciation, making it a hub for Koi trade and cultivation. The serene allure of these ornamental fish has permeated various aspects of Asian culture, from traditional art to modern garden designs, solidifying its prominence in the region's market.In this flourishing market, Japan emerges as the dominant force. Renowned for its centuries-old Koi traditions and expertise in breeding, Japanese breeders produce some of the most coveted and prized Koi varieties globally. With a meticulous focus on quality, unique aesthetics, and innovative breeding practices, Japan continues to dominate the Koi market in the Asia Pacific region, contributing significantly to the region's 35% market share.

North America is experiencing unprecedented growth, fueled by a rising interest in ornamental fishkeeping and the serene allure of Koi. Enthusiasts across the United States and Canada have increasingly embraced Koi as prized additions to their ponds and water gardens. This trend is further bolstered by the therapeutic and aesthetic benefits associated with Koi-keeping, making them a sought-after choice among homeowners, landscapers, and commercial businesses aiming to enhance their outdoor spaces. The ease of online purchasing and efficient shipping methods have also facilitated the accessibility of exotic Koi varieties, contributing significantly to the market's rapid expansion. North America's Koi market is on a robust growth trajectory, accounting for a significant 28% of the global market. With strong demand for exotic and specialty Koi varieties and a burgeoning community of Koi enthusiasts, the region's market is expected to continue its expansion.

The current report Scope analyzes Koi Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Koi Market

North America Koi Market Analysis:

According to Cognitive Market Research, North America is experiencing unprecedented growth, fueled by a rising interest in ornamental fishkeeping and the serene allure of Koi. Enthusiasts across the United States and Canada have increasingly embraced Koi as prized additions to their ponds and water gardens. This trend is further bolstered by the therapeutic and aesthetic benefits associated with Koi-keeping, making them a sought-after choice among homeowners, landscapers, and commercial businesses aiming to enhance their outdoor spaces. The ease of online purchasing and efficient shipping methods have also facilitated the accessibility of exotic Koi varieties, contributing significantly to the market's rapid expansion.North America's Koi market is on a robust growth trajectory, accounting for a significant 28% of the global market. With a strong demand for exotic and specialty Koi varieties and a burgeoning community of Koi enthusiasts, the region's market is expected to continue its expansion.

Europe Koi Market

Europe Koi Market Analysis:

According to Cognitive Market Research, Europe has witnessed a significant surge in the popularity of Koi fish, turning a traditional Japanese hobby into a thriving market. The tranquil allure and vibrant colors of Koi have captured the hearts of European enthusiasts, making it a symbol of serenity and luxury. In recent years, Koi keeping has transitioned from being a niche hobby to a mainstream trend, with dedicated enthusiasts establishing ponds in gardens and homes across the continent.Europe's Koi market, representing approximately 30% of the global Koi industry, continues to flourish as more individuals embrace the joy of Koi keeping. With a strong emphasis on aesthetics, quality, and variety, the European market is a testament to the enduring fascination with these captivating fish. As the market matures, collaborations between European breeders and their counterparts in Asia are expected to further enhance the diversity and excellence of Koi varieties available, ensuring a vibrant and dynamic future for Koi enthusiasts across the continent.

Asia Pacific Koi Market

Asia Pacific Koi Market Analysis:

According to Cognitive Market Research, the Asia Pacific region stands as the largest market for Koi, driven by its deep-rooted cultural significance, ornamental value, and a thriving community of Koi enthusiasts. This region, particularly countries like Japan, China, and Indonesia, has a rich history of Koi breeding and appreciation, making it a hub for Koi trade and cultivation. The serene allure of these ornamental fish has permeated various aspects of Asian culture, from traditional art to modern garden designs, solidifying its prominence in the region's market.In this flourishing market, Japan emerges as the dominant force. Renowned for its centuries-old Koi traditions and expertise in breeding, Japanese breeders produce some of the most coveted and prized Koi varieties globally. With a meticulous focus on quality, unique aesthetics, and innovative breeding practices, Japan continues to dominate the Koi market in the Asia Pacific region, contributing significantly to the region's 35% market share.

South America Koi Market

South America Koi Market Analysis:

According to Cognitive Market Research, in Latin America, the Koi market has experienced a steady rise, reflecting the region's growing interest in ornamental fishkeeping. Koi, once exclusive to Asian cultures, has become a symbol of beauty and tranquility for enthusiasts across Latin American countries. The market here has witnessed an increase in Koi enthusiasts who appreciate the elegance and grace these fish bring to ornamental ponds and water gardens.Latin America's Koi market, accounting for approximately 5% of the global industry, embodies a fusion of cultural appreciation and environmental awareness. As Latin American enthusiasts continue to embrace Koi keeping, the market is expected to expand further. Collaborations with international breeders and the exchange of expertise are likely to enhance the availability of diverse and robust Koi varieties, ensuring a colorful and thriving future for Koi enthusiasts in the region.

Middle East and Africa Koi Market

Middle East and Africa Koi Market Analysis:

According to Cognitive Market Research, Middle East and Africa region has been steadily gaining traction, although it represents a modest 2.50% of the global market share. Koi, traditionally symbolic of prosperity and good luck in Asian cultures, has found its way into ornamental ponds and gardens across the Middle East and Africa. The market here is characterized by a growing interest among affluent homeowners and businesses in enhancing their outdoor spaces with these vibrant and graceful fish.Despite representing a modest percentage globally, the Koi market in the Middle East and Africa is marked by a blend of cultural intrigue and modern landscaping trends. The region's growing tourism industry, coupled with an appreciation for ornamental aesthetics, ensures a steady demand for Koi. As landscaping continues to play a vital role in the region's development, the Koi market is poised for gradual but consistent growth, offering a touch of tranquility and luxury to outdoor environments in the Middle East and Africa.

Koi Market Analysis

Koi Type Segment Analysis

Kohaku, with its striking white body adorned with vibrant red markings, stands as the dominant category in the Koi market. This classic variety captures the essence of traditional Japanese aesthetics, making it immensely popular among Koi enthusiasts and collectors. The simplicity and elegance of Kohaku, coupled with its clear and defined color patterns, make it a timeless choice for both beginners and experienced hobbyists. Its popularity is also due to its ability to adapt to various pond environments and water conditions, making it a preferred choice for ornamental purposes in gardens, ponds, and public spaces. Kohaku's enduring appeal and versatility have cemented its dominance in the Koi market.

According to Cognitive Market Research, Showa Sanke, known for its black base color overlaid with vibrant red and white markings, represents the fastest-growing category in the Koi market. Its popularity stems from the mesmerizing contrast of colors, creating a visually striking and dynamic appearance. Showa Sanke's unique and intricate patterns, coupled with its energetic and robust demeanor, have captivated the interest of Koi enthusiasts worldwide. The demand for Showa Sanke has surged due to its bold and eye-catching presence, making it a sought-after choice among collectors and hobbyists looking for Koi varieties that make a statement in their aquatic landscapes.

• Kohaku
• Taisho Sanke
• Showa Sanke
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Koi Industry. Request a Free Sample PDF!

Koi Application Segment Analysis

According to Cognitive Market Research, the commercial sector stands as the dominant force in the Koi market. Large-scale businesses, such as commercial fisheries and specialized aquatic stores, drive this dominance. These entities breed Koi fish in controlled environments, ensuring specific traits, colors, and sizes to meet the diverse demands of hobbyists and collectors. Commercial breeders invest in advanced breeding techniques, creating unique and visually appealing Koi varieties that command high prices. Moreover, commercial enterprises often supply bulk orders to garden centers, landscape architects, and public spaces, further solidifying their dominance.

The retail sector represents the fastest-growing category in the Koi market. This growth is primarily fueled by the rising interest in ornamental fishkeeping among hobbyists and homeowners. Retail outlets, including pet stores, garden centers, and online platforms, cater to individual buyers and enthusiasts. The appeal of having a beautifully colored and gracefully swimming Koi in home ponds or garden water features has led to a surge in retail sales. Additionally, retail businesses often provide personalized customer service, offering advice on Koi care, pond maintenance, and suitable accessories.

• Commercial
• Retail

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

Profile

I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

Author's Conclusion