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Fish & Seafood Wholesaling in the US: Market Research Report

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

Fish & Seafood Wholesaling Market Research Report | NAICS 42446 | Apr 2015

Big fish: Higher consumer spending and improved health perceptions will propel industry revenue

IBISWorld’s Fish & Seafood Wholesaling 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
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
22,556
Businesses
3,530
Industry Analysis & Industry Trends

The industry will begin a modest revival as it aims to shake off the losses sustained from the BP oil spill and move toward recovery. Seafood demand will be heightened as consumers become more health conscious and consume more fish as a result. Moreover, the improved economic conditions will cause disposable income levels to improve, fueling industry revenue. However, fish and seafood wholesalers will face rising competition from other industries and contend with the growing practice of wholesale bypass... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Fish and Seafood Wholesaling industry is in a mature phase of its life cycle. Industry value added (IVA) is forecast to grow moderately during the 10 years to 2020, averaging an annualized 2.0% rate per year. In contrast, the US economy's GDP is forecast to grow an average of 2.5% per year during the same period. Growth on par with GDP is typically an indicator of a mature industry. Moreover, several other indicators point to the industry's ongoing maturity.

The decline in enterprise numbers is forecast to come from industry consolidation, with some wholesalers merging their businesses or acquiring other companies. Consolidation has expanded existing operations but is expected to reduce the total number of players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fish & Seafood Wholesaling Industry?

Establishments in this industry primarily wholesale fish and seafood; canned or packaged frozen products are excluded from the industry. This industry does not include manufacturers' sales branches and offices (MSBOs) where the wholesaling and preparation of seafood products occur as one undifferentiated operation; revenue from such MSBO's are included under the scope of the Seafood Preparation industry (IBISWorld 31171).

Industry Products
Fresh fish and seafoodFrozen fish and seafoodCured fishOther fish and seafood
 
Industry Activities
Wholesaling fish (except canned or packaged frozen)Wholesaling cured fishWholesaling fresh fishWholesaling fresh seafoodWholesaling unpackaged frozen fishWholesaling unpackaged frozen seafood


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