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Hunting & Trapping in the US: Market Research Report

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

Hunting & Trapping Market Research Report | NAICS 11421 | Feb 2017

On target: Rising incomes will benefit the industry, but attracting younger hunters will be a challenge

IBISWorld’s Hunting & Trapping 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$671m
Annual Growth 12-17
2.0%
Annual Growth 17-22
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Profit
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Employment
16,077
Businesses
15,025
Industry Analysis & Industry Trends

The Hunting and Trapping industry is one of the oldest and smallest industries in the United States. However, with the dawn of the Conservation Movement in the late 19th century, the majority of commercial hunting activities were made illegal. As a result, this industry has been transformed from a supplier of food and clothing into one that primarily provides hunting and fishing as a recreational activity. In the coming years, projected growth in per capita disposable income and an increase in the anticipated number of domestic trips taken in the United States are expected to bring more customers to hunting and fishing preserves... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hunting and Trapping industry is in the declining stage of its life cycle, evidenced by a decrease in new hunting participation over the past two decades and sluggish increase in revenue in recent years. Industry value added, which measures an industry's contribution to the overall economy, is projected to grow at an annualized rate of 1.6% over the 10 years to 2022. In contrast, US GDP is forecast to grow at an annualized rate of 2.0% during the same period, indicating that the industry's share of the US economy is shrinking.

The commercial trapping segment of this industry has long been in decline. Trappers were once major suppliers of fur for apparel manufacturing. However, today as much as 85.0% o.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hunting & Trapping Industry?

This industry includes commercial trappers, commercial game preserves (such as game retreats), hunting preserves, fishing preserves and game propagation companies. Hunting with the intent to sell animal carcasses is illegal according to federal law. Exceptions include the hunting of reptiles, amphibians and fish, as well as the sale of antlers, hides and other specific animal parts obtained via hunting.

Industry Products
Commercial trappingHunting and game preservesFishing preserves
 
Industry Activities
Commercial animal trappingOperating fishing preservesOperating commercial game preservesOperating game propagation facilitiesOperating game retreatsOperating hunting preserves


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