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Seafood Preparation in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Seafood Preparation Market Research Report | NAICS 31171 | May 2013

Small ponds: Demand will grow, but low fish populations will continue to strain seafood processors

IBISWorld’s Seafood Preparation market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$11bn
 Annual Growth 08-13
-0.4%
 Annual Growth 13-18
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Profit
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 Employment
33,363
 Businesses
2,353
Industry Analysis & Industry Trends

In the mature stage of its life cycle, the industry has grown at a modest pace, with the influx of cheap imports in particular eating away at profits. Dwindling supplies of fish is a major concern, especially with the recent oil spill in the Gulf Coast. Going forward, the ability of processors to capture new sales in the health segment is likely to have a significant influence on industry growth... purchase to read more

Industry Report - Industry Products Chapter

Prepared frozen fish and shellfish

The prepared frozen fish and shellfish segment accounts for 52.3% of revenue in 2013. This segment includes frozen fish, clam, oyster, crab and shrimp products. The products in this segment contribute to over half of industry revenue because consumers enjoy their long shelf life compared to fresh products. In addition, prepared frozen seafood allowed consumers to prepare meals quickly and easily. This segment's share of revenue is expected to increase over the five years to 2013.

Prepared fresh fish and other seafood, including surimi/surimi-based products

The prepared fresh fish and other seafood segment accounts for 21.2% of revenue in 2013 and includes surimi and surimi-based products... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Seafood Preparation Industry?

Establishments in this industry primarily process, can, salt, dry, freeze and eviscerate fish and other seafood and then sell these products to downstream wholesalers, food service establishments and fish markets. This industry also includes establishments known as floating factory ships that are engaged in shipboard seafood processing.

Industry Products
Prepared frozen fish and shellfishPrepared fresh fish and other seafoodOther prepared fresh and frozen seafood Canned fish and seafood
 
Industry Activities
Canning fish, crustaceans and mollusks Manufacturing fresh and frozen seafood dinnersFreezing fish (e.g. blocks, fillets, ready-to-serve products) Processing seaweedManufacturing marine fats, oils and mealShucking and packing fresh shellfish Canning fish and shellfish soup


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