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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 | Apr 2014

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

IBISWorld’s Fish & Seafood Aquaculture market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
18,316
Businesses
5,344
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

 


Industry ProductsRelated ReportsTable of Contents

What is the Fish & Seafood Aquaculture Industry?

Companies in this industry farm aquatic animals or plants in controlled aquatic environments. Industry operators 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 including the fishing and harvesting of wild fish and shellfish, an activity which is including under the Fishing industry (11411).

Industry Products
CatfishOther 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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