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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 | Nov 2015

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

IBISWorld’s Fish & Seafood Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
22,508
Businesses
3,509
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 thus consume more fish. 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 Investment Chapter

Capital intensity for the Fish and Seafood Wholesaling industry is low. Like most operators in the wholesale and retail sectors at large, fish and seafood wholesalers rely more heavily on labor than capital to sell goods. For every $1.00 spent on wages, industry operators are expected to spend $0.07 on capital investment, using depreciation as a proxy for capital spending, up slightly from $0.06 in 2010.

In the traditional-services economy, wholesalers generally look to technology to achieve growth. As a result, the use of capital in the industry has been increasing through automated inventory-management computers and software that replace human labor... 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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