Global Aquarium Bacteria Supplements Market Size, Share, Opportunities, And Trends By Product Type (Live Bacteria Cultures, Liquid Bacteria Supplements), By Application (Freshwater Aquariums, Saltwater Aquariums), By End-User (Home Aquarium Enthusiasts, Commercial Aquariums), And By Geography - Forecasts From 2024 To 2029

  • Published : Jan 2024
  • Report Code : KSI061616566
  • Pages : 146

The aquarium bacteria supplements market is expected to witness significant growth during the forecasted period.

An aquarium is a glass-sided tank or bowl that is known to contain several aquatic species, which include plants and animals. Aquariums are commonly used as pet storage for aquatic beings. Aquariums are known to contain several types of aquatic animals based on the pet owner’s preferences, which include fish, invertebrates, amphibians, aquatic reptiles, and aquatic plants. The environment of the aquarium can be decorated using various aquatic plants, rocks, gravel, and other artificial decorations to simulate a natural aquatic habitat for the aquatic animals. To maintain the health and cleanliness of the aquatic life and environment, there are several products available in the market which include bacteria supplements, pumps, and many others. 

Introduction:

Aquarium bacteria supplements provide nutrients to aquatic life and also help in the management of the aquarium's environment/habitat. For instance, Aqueon® PURE is a beneficial bacteria product marketed by the Aqueon company, which offers a safe, convenient way to introduce live beneficial bacteria into new aquariums. They provide several benefits such as reduction of ammonia and nitrate in new aquariums, reduction of sludge build-up in old aquariums, maintaining a crystal clean environment, and many others. The aquarium bacteria supplements market growth is attributed to factors such as the increase in aquarium ownerships.

Drivers:

  • Increase in ownership of aquatic pets: One of the major factors that led to the growth of the aquarium bacteria supplements market is the increase in ownership of aquatic pets, which commonly include saltwater and freshwater fish. The increase in aquarium ownership leads to an increase in demand for aquarium management products, which include supplements, maintenance tools, and many others. As per the World Animal Foundation, the total number of pet-owning households in the United States that own saltwater fish as pets accounted for 2.2 million in 2022-23. It was also stated that an estimated 11 million households maintain a saltwater fish tank. The highest percentage of pet goldfish ownership was in Vietnam, with 15% of total world goldfish pet ownership. This increase in the ownership of aquariums can lead to an increase in demand for aquarium bacteria supplements, which help in the reduction of ammonia and nitrite in new aquariums, maintaining a clean and harmless aquarium environment, and also helping in the reduction of sludge buildup in old aquariums. Therefore, the increase in the ownership of aquatic pets such as saltwater and freshwater fish will provide the necessary fuel for the growth of the aquarium bacteria supplements market during the forecast period.

Key Players:

  • Brightwell Aquatics: A well-known company that is known for the production and manufacturing of aquarium water products and provides high quality, scientifically sound products and customer service in aquarium water care.
  • Seachem Laboratories, Inc.: An American company that is known for the manufacturing and design of aquarium water treatment products. They offer several types of products, which include function pumps, glassware, aquarium power filters, scrapers, and other accessories.
  • Fritz Aquatics: An American company that is known for the production and manufacturing of water-quality products with a wide range of applications in zoos, public aquariums, aquaculture professionals, and home aquarium hobbyists.

Regional Analysis:

The North American region is expected to witness significant growth in the aquarium bacteria supplements market during the forecasted period of 2024-2029, due to factors such as the increasing aquarium ownerships in the United States, which gives rise to an increase in concern for aquarium quality. The increase in the growth of ownership of the aquariums is expected to increase the growth of the aquarium bacteria supplements market. The increase in aquarium ownership can lead to an increase in demand for aquarium management products, which include supplements, machines, and many other products that can maintain the aquarium environment. Bacteria supplements help maintain the diet of bacteria production in the aquarium and the aquatic life in the aquarium, which leads to prolonged fish life and cleaner environments. As per the American Pet Products Association, the national survey they had conducted displayed a total number of 11.1 million and 2.2 million freshwater fish and saltwater fish in households as pets respectively in 2023-2024. It was also found that the generation that displayed an increase in ownership is from Millennials, which accounts for 33% of overall pet ownership, which includes pets such as dogs, cats, fish, birds and many others. It also shows that in 2023, the total sales that were projected accounted for US$32.1 billion in supplies, live animals, and OTC medicine in the US, which is an increase from US$31.5 billion in 2022. This increase can be linked to the increase in the ownership of aquariums in the United States. Therefore, an increase in the ownership of aquariums and an increase in sales of pet-related products and services will be expected to provide the necessary fuel for the growth of the global aquarium bacteria supplements market during the forecasted period.

Market Developments:

  • July 2021: Bulk Reef Supply, an e-commerce retailer announced the acquisition of Marine Depot, a California-based company known for their aquarium products. Aquatic Sales Solution LLC (also known as Bulk Reed Supply or BRS) is the commerce leader in saltwater aquarium supplies and will operate the Marine Depot website completely, which includes taking customer orders. BRS announced several benefits towards existing Marine Depot customers, which include the transfer of loyalty points to the BRS accounts, assisting in warranty support for qualifying orders, providing quality seawater aquarium equipment, and many others.

Segmentation:

  • By Product Type:
    • Live Bacteria Cultures
    • Liquid Bacteria Supplements
  • By Application:
    • Freshwater Aquariums
    • Saltwater Aquariums
  • By End-User:
    • Home Aquarium Enthusiasts
    • Commercial Aquariums
  • By Geography:
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • South Korea
      • Indonesia
      • Thailand
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL AQUARIUM BACTERIA SUPPLEMENTS MARKET, BY PRODUCT TYPE

5.1. Introduction

5.2. Live Bacteria Cultures

5.3. Liquid Bacteria Supplements

6. GLOBAL AQUARIUM BACTERIA SUPPLEMENTS MARKET, BY APPLICATION

6.1. Introduction

6.2. Freshwater Aquariums

6.3. Saltwater Aquariums

7. GLOBAL AQUARIUM BACTERIA SUPPLEMENTS MARKET, BY END-USER

7.1. Introduction

7.2. Home Aquarium Enthusiasts

7.3. Commercial Aquariums

8. GLOBAL AQUARIUM BACTERIA SUPPLEMENTS MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Israel

8.5.4. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia

8.6.6. Thailand

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

10. COMPANY PROFILES

10.1. Seachem Laboratories, Inc

10.2. Fritz Aquatics

10.3. Brightwell Aquatics

10.4.  CaribSea, Inc.

10.5. DrTim's Aquatics, LLC.

10.6. Tetra Fish (Spectrum Brands, Inc.)

10.7. Hikari Sales USA, Inc

10.8. Fluval® (Rolf C. Hagen Inc.)

10.9. Eheim GmbH & Co. KG

10.10. API Fish Care

10.11. Sera GmbH

10.12. Chemi-pure

10.13. Instant Ocean

10.14. Microbe-Lift (Ecological Laboratories, Inc.)


Seachem Laboratories, Inc

Fritz Aquatics

Brightwell Aquatics

CaribSea, Inc.

DrTim's Aquatics, LLC.

Tetra Fish (Spectrum Brands, Inc.)

Hikari Sales USA, Inc

Fluval® (Rolf C. Hagen Inc.)

Eheim GmbH & Co. KG

API Fish Care

Sera GmbH

Chemi-pure

Instant Ocean

Microbe-Lift (Ecological Laboratories, Inc.)