Fish & Seafood Wholesaling in California - Industry Market Research Report

Fish & Seafood Wholesaling in California - Industry Market Research Report

  • September 2017 •
  • 28 pages •
  • Report ID: 5470138 •
  • Format: PDF
Keep swimming: Industry revenue is expected to recover from health scares over the previous period

Abstract

Fish & Seafood Wholesaling in California
The Fish and Seafood Wholesaling industry is California is an important part of the state and country’s food supply chain. California has the third-largest coastline in the country and is home to the Port of Los Angeles, the busiest port in the country. A significant proportion of the nation’s fish and seafood harvest each year comes through California. The short shelf life of most seafood products and the importance of being close to the source of seafood itself has helped make the industry prominent in the state. Over the past five years, industry revenue has grown as a result of a number of factors. Californians are relatively health-conscious eaters and the perceived health benefits of fish and seafood compared to other protein options has driven seafood consumption up. As per capita disposable income levels in California have risen, more consumers have been able to afford these more expensive seafood options, helping revenue grow. Over the next five years, the ebbs and flows in industry revenue are expected to stabilize.

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).

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.
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