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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 | Oct 2014

Catching on: Increased 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
$14bn
Annual Growth 09-14
3.5%
Annual Growth 14-19
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Profit
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Employment
19,821
Businesses
1,798
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 Investment Chapter

Measured by the ratio of depreciation to profit, the level of capital intensity is low. Like most firms in the wholesale and retail sectors at large, fish and seafood wholesalers rely more heavily on labor than capital to sell goods. Although wages are expected to fall during the past five years, capital intensity will likely remain low as the cost of computers keeps falling and the majority of small businesses in this industry outsource the transportation function.

In the traditional-services economy, wholesalers generally look to technology to achieve growth. As such, 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 for human consumption. Canned or packaged frozen products are excluded from the industry (see IBISWorld reports 42449 and 42442, respectively).

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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