Seafood Preparation in the US

Industry starting to smell a little fishy

In the mature stage of its life cycle, this industry has grown at a modest pace, with the influx of cheap imports in particular eating away at profits. Dwindling supplies of fish is a major concern, but the expansion of aquaculture may provide a long-term solution to depleted seafood supplies. Going forward, the ability of processors to capture new sales in the health segment is likely to have a significant influence on industry growth.

This industry comprises establishments mainly engaged in the processing of fish and other seafood. This industry also includes establishments known as floating factory ships that are engaged in shipboard processing of seafood. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.