Research and Markets: US Aquaculture Report: No Major Companies Dominate the Annual $1.5 Billion Industry

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ac44a2/aquaculture) has announced the addition of the "Aquaculture" report to their offering.

The US aquaculture industry includes about 4,800 farms with combined annual revenue of $1.5 billion. No major companies dominate the industry, which is fragmented.

Aquaculture is the farm-raising of fish, shellfish, and other aquatic animals. Aquaculture farms raise animals in captivity, stock and feed animals, and protect stock from predators. Commercial fishing in natural aquatic habitats and seafood processing and distribution are covered in separate industry profiles.

COMPETITIVE LANDSCAPE

Demand is driven primarily by domestic trends in fish consumption and competition from imports. The profitability of individual companies depends on efficient operations and protecting fish stock from death and disease. Large companies have advantages in vertically integrating operations from breeding to processing and packaging. Small farms, typically those that are family-owned, can compete effectively by specializing in unusual and high-end products or offering onsite fee-fishing.

Aquaculture competes with US livestock, poultry, and traditional fishing operations, as well as with foreign aquaculture and fishing operations that export to the US.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include catfish; mollusks, such as clams and oysters; and trout. Other products include freshwater shrimp, salmon, ornamental tropical fish, and baitfish. Some farms specialize in fee-fishing, allowing fishing enthusiasts to catch and pay for pond-caught fish.

Farm-raised catfish are grown in open freshwater production systems, typically earthen ponds fed by groundwater. Salmon are hatched in fresh water and transferred to saltwater pens for final growout.

Key Topics Covered:

Industry Overview

Quarterly Industry Update

Business Challenges

Trends AND Opportunities

Call Preparation Questions

Financial Information

Industry Forecast

Website and Media Links

Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/research/ac44a2/aquaculture

Source: First Research