$2.4bn
$XXX.Xm
11,553
4,631
$XXX.Xm
Revenue for the fish and seafood aquaculture industry has expanded over the past five years, growing at a CAGR of 0.4% to $2.4 billion over the five years to 2024, despite stagnating in 2024. This growth has been largely fueled by changing consumer behaviors, with more individuals exploring new food options and making healthier dietary choices. The industry saw its most robust growth at the beginning of this period, as consumers were eager to embrace these new trends. However, this growth has been tempered in recent years due to the impacts of inflation and tighter consumer budgets.
Industry revenue has grown at a CAGR of 0.4 % over the past five years, to reach an estimated $2.4bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
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2024 | Profit ($short_0)
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There are no companies that hold a large enough market share in the Fish & Seafood Aquaculture in the US industry for IBISWorld to include in this product.
Fish & Seafood Aquaculture in the US
Industry revenue is measured across several distinct product and services lines, including Freshwater-species aquaculture, Marine-species aquaculture and Miscellaneous aquaculture . Freshwater-species aquaculture is the largest segment of the Fish & Seafood Aquaculture in the US.
Freshwater-species aquaculture navigating through rising demand and challenges
Companies in this industry farm aquatic animals or plants in controlled aquatic environments. Industry operators use some form of intervention in the rearing process to enhance production, such as holding in captivity and protecting from predators, pests and disease. This industry does not include the fishing and harvesting of wild fish and shellfish, an activity that is included in the Fishing industry (IBISWorld report 11411).
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NAICS 11251 - Fish & Seafood Aquaculture in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The industry has experienced steady growth over the past five years due to changing consumer behaviors favoring healthier and varied diets. This trend initially caused a surg...
Learn about an industry's products and services, markets and trends in international trade.
Sustainability concerns are reshaping the fish and seafood processing industry. As awareness about the environmental impacts of overfishing grows, processors are increasingly...
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The Southeast region is a major hub for fish and seafood aquaculture due to its natural geographical advantages. With an extensive coastline and a warm climate facilitating y...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Compliance with regulations is a significant challenge in the fish and seafood aquaculture industry. New businesses entering this field must navigate complex environmental, a...
Learn about the performance of the top companies in the industry.
Typical of an industry in the agriculture sector, the industry is dominated by nonemployers and has no major companies.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Tariffs on imported seafood bolster domestic aquaculture industries by enhancing their market competitiveness. By imposing such tariffs, governments can protect consumer heal...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit in the aquaculture industry hinges significantly on the negotiated selling prices of fish and seafood. These selling prices are influenced by various factors such as s...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Fish & Seafood Aquaculture in the US industry in United States is $2.4bn in 2024.
There are 4,631 businesses in the Fish & Seafood Aquaculture in the US industry in United States, which has grown at a CAGR of 2.8 % between 2019 and 2024.
The market size of the Fish & Seafood Aquaculture in the US industry in United States has been growing at a CAGR of 0.4 % between 2019 and 2024.
Over the next five years, the Fish & Seafood Aquaculture in the US industry in United States is expected to grow.
Raising and harvesting finfish (e.g. catfish, trout, tilapia and minnows) and Raising and harvesting shellfish (e.g. clams, oysters, crustaceans, mollusks and shrimp) are part of the Fish & Seafood Aquaculture in the US industry.
The level of competition is high and increasing in the Fish & Seafood Aquaculture in the US industry in United States.