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Fish & Seafood Aquaculture in the US: Market Research Report

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

Fish & Seafood Aquaculture Market Research Report | NAICS 11251 | May 2013

Plenty more fish: Low yields from wild fish stocks will benefit the industry

The Fish & Seafood Aquaculture market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
-1.2%
Annual Growth 13-18
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Profit
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Employment
15,385
Businesses
6,555
Industry Analysis & Industry Trends

Treading water

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 Investment Chapter

The Fish and Seafood Aquaculture industry is moderately capital intensive. Industry operators typically invest 23 cents of capital for every dollar of labor. Industry workers feed and monitor fish stocks, undertake repairs and transport the end product to customers. Scientists are often also employed within larger operations to undertake research and development, and such skilled professionals command higher salaries than unskilled labor.

Aquaculture is a knowledge-intensive industry, and competition from large-scale operations overseas is strong. New varieties of fish and new production techniques often result from investments in research and development in the hopes of increasing US operators' competitive advantage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fish & Seafood Aquaculture Industry?

Companies in this industry primarily farm aquatic animals or plants in controlled or selected aquatic environments. In addition to regular stocking and feeding, industry firms use some form of intervention in the rearing process to enhance production, such as holding in captivity and protecting from predators, pests and disease. This industry does not fish and harvest from natural habitats like rivers, lakes and oceans like fishing industries.

Industry Products
Food fishMollusksMiscellaneous aquacultureCrustaceansOrnamental fishBait fishSport fish
 
Industry Activities
Raising and harvesting finfish (e.g. catfish, trout, tilapia and minnows)Raising and harvesting shellfish (e.g. clams, oysters, crustaceans, mollusks and shrimp)Raising and harvesting ornamental fish (e.g. goldfish and tropical fish)Raising and harvesting aquacultural species to augment or replenish wild habitatsRaising and harvesting other aquaculture (e.g. seaweed, alligators, frogs and turtles)


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