Industry Analysis & Industry Trends
The Fish and Seafood Aquaculture industry has experienced slow growth over the past five years. Given that the vast majority of industry revenue is derived from sales of fish, mollusks and crustaceans that will be processed into food products, this industry's success is tied to levels of seafood consumption. Per capita seafood consumption in the United States has declined over the past five years, putting strain on industry operators. However, increases in the price of seafood, combined with a healthy export market, have helped industry revenue growth. The industry is expected to continue to grow marginally over the five years to 2021... purchase to read more
Industry Report - Industry Locations Chapter
The Fish and Seafood Aquaculture industry is heavily concentrated in the Southeastern United States, which accounts for an estimated 57.6% of industry establishments. Catfish farming, the largest segment of industry activity, is done almost exclusively in Louisiana, Mississippi, Arkansas and other neighboring states. In addition, the region is home to large crustacean aquaculture operations. Louisiana is particularly well-suited to the farming of many types of fish, crustacean and mollusk species, and as a result accounts for an impressive estimated 16.3% of industry locations.
As the location to which the Mississippi river basin drains, the waters in Louisiana and surrounding states are particularly rich in food and nutrients for fish... purchase to read more