Companies in this industry raise fish, shellfish, other aquatic animals, or aquatic plants. No major companies dominate the industry.
COMPETITIVE LANDSCAPE
Demand is driven primarily by trends in fish consumption. 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 fishing.
PRODUCTS, OPERATIONS & TECHNOLOGY
Key global products include carp, salmon, trout, tuna, shrimp, and mollusks such as squid, clams, and oysters. Major US products include catfish; mollusks, such as clams and oysters; and crawfish. Freshwater aquaculture products include tilapia catfish, trout, and carp, which have grown in popularity in Asia and North America, according to Research and Markets. Some farms specialize in?fee-fishing, allowing fishing enthusiasts to catch and pay for pond-caught fish.