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Fish & Seafood Aquaculture in the US
IBISWorld, March 2009, Pages: 41
This industry comprises establishments primarily engaged in the farm raising and harvesting of finfish, shellfish, or any other kind of animal aquaculture. These establishments use some form of intervention in the rearing process to enhance production, such as holding in captivity, regular stocking, feeding, and protecting from predators. It does not include the sale of fish caught in wild fisheries. 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.
Introduction
The Price of Fish
Forecast revenue growth may appear a little fishy, however the significant potential for industry expansion is met with the industrys inability to expand production and compete with imports. Increasing demand for seafood and restrictions on competing wild fisheries offers industry growth, and a greater scale of domestic production could satisfy such demand levels. Expansion capabilities are limited by strong lobbying from environmentalist and owners of shore front property.
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