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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 | Feb 2015

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

IBISWorld’s Fish & Seafood Aquaculture market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
0.4%
Annual Growth 15-20
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Profit
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Employment
10,928
Businesses
2,794
Industry Analysis & Industry Trends

After a period of severe downturns due to 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 Locations Chapter

The Fish & 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

 


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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