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 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