Food MArketing & Technology In India CC for web-HIgh Res | Page 32

Aqua ORNAMENTAL FISH INDUSTRY: PAST, PRESENT AND FUTURE By: Sundar Rajan * Th e fi sh fauna of the Western Ghats comprises of Barbs, Rasboras, Killifi shes, Glass fi shes, Catfi shes, Catopra I ndia is one the largest markets for aquarium business and in the past decade it has witnessed an enormous change in this niche industry. Numerous foreign brands such as ADA, Fluval, Eheim and other manufacturers have ventured into the domestic market. Th is article will trace the growth of the ornamental fi sh business in the last few years. Introduction to the Global Market In recent years, ornamental fi shes have received increased attention due to local and global demand and the consequent growth of trade and the export market. From 1985, the value of international trade in exports of ornamentals has increased at an average growth rate of approximately 14 percent per year. Developing countries account for about two-thirds of the total export value. Mercy, 2007, the Western Ghats of India are one of the 34 biodiversity ‘hotspot’ areas of the world. Among the 300 species of freshwater fi shes in the Western Ghats, 155 are considered ornamental fi shes of which 117 are endemic to the these waters. Th e entire industry, comprising of non- exported products, wages, retail sales, and associated materials, has been estimated to be worth around $15 billion. According to a recent survey, about 7.2 million homes in the US and 3.2 million homes in the European Union have an aquarium. At present, only a small fraction of the endemic fi sh diversity is utilised in the ornamental fi sh trade. All the ornamental fi shes marketed in India are of the exotic variety. Even though there are a number of indigenous fi shes, with high potential as ornamental fi shes; they are yet to be properly exploited. Introduction to Indian Market Atul Kumar Jain, Director of the Rajasthan- based Ornamental Fisheries Training and Research Institute has projected that the market for the domestic aquarium trade is expected to grow to `1,200 crore in the next 10 years as nearly 5 percent of the urban households will consider keeping an aquarium in the future. India is blessed with a rich diversity of freshwater fi shes both in the Western Ghats and North Eastern hills. According to Anna 32 Th e fi sh fauna of the Western Ghats comprises of Barbs, Rasboras, Killifi shes, Glass fi shes, Catfi shes, Catopra, Hill trouts, and Danios, which are ideal candidates for the ornamental fi sh industry. In India reservoir fi sheries, carp farming, prawn farming, shrimp farming, and hatchery production fi sh and shrimp seeds are aquaculture based research activities (Sundararaj et, al.2007). More than 100 varieties of indigenous Creature Companion | August 2019 • Vol. XII • Issue 8 • Noida freshwater ornamental fi sh species are known to exist in Indian waters. Some of these species fetch a high price in the world market and support trade outside the country. On the basis of the nature of breeding, ornamental fi shes are broadly classifi ed as livebearers and the egg layers. Mollies, Platies, Guppies, and Swordtails are typical examples of livebearers. Goldfi sh, Tiger barbs, Golden rosi, Barbs, Koi carp, Gouramies and Fighters are egg layers. Experts Voice Atul Kumar Jain, Director of the Rajasthan- based Ornamental Fisheries Training and Research Institute spoke on ornamental fi shes at a technical session at the biennial aquaculture event – Aqua Aquaria India 2017, organised by Marine Products Export Development Authority (MPEDA) in