In the mature stage of its life cycle, the 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, especially with the recent oil spill in the Gulf Coast. 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 is involved in canning, smoking, salting, drying, freezing and packing fish and shellfish. They also eviscerate fish (remove parts from fish), shuck shellfish (remove their shells) and process fish and shellfish fats and oils. This industry also includes floating factory ships, also known as fish processing vessels, which are engaged in shipboard seafood processing. The term seafood processing is used to describe these activities as a whole.
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.