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Fishing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fishing Market Research Report | NAICS 11411 | Sep 2013

On the hook: Exports and overfishing prevention will determine industry success

IBISWorld’s Fishing 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
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 08-13
6.3%
Annual Growth 13-18
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Profit
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Employment
80,845
Businesses
70,853
Industry Analysis & Industry Trends

Casting a net

In the long term, the industry will benefit from measures taken to prevent overfishing, such as the license buyback scheme. This scheme will have broad ranging implications for industry revenue. It may reduce the number of establishments given the paucity of licenses, but it also may allow larger catches with fewer operators, increasing economies of scale and possibly make those companies that remain more profitable... purchase to read more

Industry Report - Industry Locations Chapter

The distribution of fishing establishments depends largely on the availability of fishable waters. In America, this means locating on either coast or close to the Gulf of Mexico. As such, the West, New England and the Southeast form the top-three key areas for US commercial fishing. In particular, fisheries on the West Coast are expected to become increasingly import as other areas are overfished, depleted or have greater catch restrictions placed on them. In turn, the share of establishments, employment, revenue and catch volumes are expected to increase in the West during the next five years.

The West

Running the length of the Pacific Coast, the West region accounts for about half of all industry establishments... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fishing Industry?

Firms in this industry primarily catch finfish, shellfish and miscellaneous marine products for commercial sale with little to no alteration or further processing. Aquaculture is excluded, and firms that realize the bulk of their revenue through fish processing are also excluded.

Industry Products
ShellfishFinfishOther species
 
Industry Activities
Catching finfishCatching shellfishCatching other marine species


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