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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

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 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 SWOT Analysis Chapter

IBISWorld estimates the Fish and Seafood Aquaculture industry is in a mature phase of its life cycle. Industry value-added is forecast to grow at an average rate of 2.2% per year during the 10 years to 2018 falling in line with an estimated annual average 2.1% GDP growth during the same period. The industry's products enjoy whole-hearted market acceptance and generally move in line with population growth. Further, some opportunities exist in emerging markets and niche products.

Fish and seafood, although more popular in Asian nations, form a common staple of American diets. Downstream food processors market a variety of fresh and frozen options that are readily available in grocery stores and stand-alone fish markets around the country... 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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