Fishing for growth
The industry will face a tumultuous period, 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 still face rising competition from other industries, as well as contend with the growing practice of wholesale bypass.
This industry comprises establishments whose primary activity is wholesaling fish and seafood (except canned or packaged frozen). Products are primarily sourced from the Fishing industry (NAICS 11411) and the Seafood Preparation industry (NAICS 31171). Products are then supplied to a range of industries including Fish and Seafood Markets in the US (NAICS 44552) and Supermarkets and Grocery Stores (NAICS 44511).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.