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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Investment Chapter

The Fish & Seafood Aquaculture industry has a low level of capital intensity. IBISWorld estimates that for every $1.00 spent on wages, industry operators spend $0.12 in capital investment. The industry is primarily labor intensive, with workers required to regularly feed the fish and shellfish being farmed as well as monitor the fish and their environment to ensure that breeding cycles are in order, water temperatures are suitable and that no damage has been done to the enclosures in which the farmed fish are being raised.

More advanced aquaculture enterprises use a relatively higher amount of capital in their operations. These operators invest in advanced tanks, cages and pumps that are better able to regulate optimal conditions in which to raise fish and shellfish... 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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