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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 | Oct 2014

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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
5.6%
Annual Growth 14-19
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Profit
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Employment
82,037
Businesses
72,963
Industry Analysis & Industry Trends

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 may also 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 Investment Chapter

The cost of purchasing fishing trawlers and other equipment relative to labor costs represents a low level of capital intensity. The ratio is estimated to have intensified during the past five years as fishers take advantage of lower interest rates to invest in new equipment and vessels. Licensing also represents an area in which capital costs can increase relative to other pursuits. Because the number of licenses in a given region is limited, often the only way to obtain one is to purchase an existing commercial fishing operation... 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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