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 operators 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 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