Industry Analysis & Industry Trends
After a period of severe downturns as a result of the recent oil spill and declining demand, industry revenue will marginally improve over the next five years. As the economy begins to recover, consumers will choose to eat out more and make healthier food choices, driving industry demand. However, the industry will continue to be threatened by imports and competition from wild fisheries and other sources of lean protein... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Fish & Seafood Aquaculture industry has a low level of concentration. The vast majority of industry operators are small individual fish or shellfish farms. While there are a number of large companies involved in the broader US seafood sector (which includes the Fishing and Fish & Seafood industries), most of them do not farm fish.
The majority of aquaculture in the United States is currently conducted in freshwater, partially due to restrictions over the building and operation of aquaculture farms in the ocean. However, legislation concerning the possibility of the government issuing aquaculture licenses between 3 and 200 nautical miles offshore has been in discussion in Congress since 2007. The passage of such a law would greatly widen available waters for fish farming... purchase to read more