Hunting & Trapping in the US - Industry Market Research Report

Hunting & Trapping in the US - Industry Market Research Report

Hunting & Trapping in the US

The Hunting and Trapping industry is composed of recreational hunting, game and fishing preserves that customers pay to use, as well as commercial fur trappers. Most commercial hunting activities have been illegal since the passage of the Lacey Act of 1900, and therefore, commercial hunting activity accounts for a negligible component of industry activity. Over the past few years, industry operators have struggled with growing disinterest from consumers and negative social stigma. Revenue has declined at a CAGR of 0.2% to $923.9 million over the five years to 2023. Due to an increase in per capita income and decrease in the price of feed, 2.4% growth is expected in 2023. Industry profit has contracted over the past five years as wage costs have risen.

This industry includes commercial trappers, commercial game preserves, hunting preserves, fishing preserves and game propagation companies. Hunting with the intent to sell animal carcasses is illegal according to federal law. Exceptions include the hunting of reptiles, amphibians and fish, as well as the sale of antlers, hides and other specific animal parts obtained via hunting.

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.