Fish & Seafood Processing – Industry Analysis, Statistics, Trends, and Forecasts

SIC 2091 & 2092 | NAICS 311710

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Statements and Financial Ratios

Compensation and Salary Surveys

BV Guides and Databases

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Industry Research Reports
Seafood Preparation & Processing (view report)
Fish & Seafood Aquaculture (view report)

Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:

Market size and major product and service segments
Key industry statistics, trends, and financial ratios
Operating conditions and current performance
Competitive landscape and environment
Major company profiles and market shares
Five-year outlook and growth forecasts

Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

NHST Media Group
IntraFish.com
https://www.intrafish.com/

Online news source provides in-depth coverage of the seafood industry, with featured news sections including "Aquaculture", "Fisheries", "Marketplace", and "Processor" and special reports including an in-depth analysis of the U.S. market which provides insights on the U.S. supply chain and processing sector, retail and foodservice markets, consumer and supply trends, and major U.S.-based suppliers.

NOAA National Marine Fisheries Service, U.S. Department of Commerce
Fisheries of the United States
https://www.st.nmfs.noaa.gov/

Annual publication provides a comprehensive statistical analysis of the commercial fisheries industry in the U.S., with data provided in the "Processed Fishery Products" section of the yearbook including production statistics for fish sticks, portions, and breaded shrimp; fresh and frozen fillets and steaks; canned fishery products; and dried scrap and meal, marine animal oils, and other industrial products.

GIA Research
Seafood - A Global Strategic Report
https://www.strategyr.com/

Comprehensive market research report provides a detailed analysis of this product sector in the U.S. and selected other countries, with information provided for the U.S. market including market size and forecast by product type (e.g., fresh/live/chilled, frozen, preserved/prepared, cured) and firms profiled including Trident Seafoods Corporation, High Liner Foods Incorporated, and Handy International, Inc.

Technavio
Global Fish and Seafood Market - Fresh / Frozen / Smoked / Canned
https://www.technavio.com/ See individual reports for above product segments

Comprehensive market research studies provide in-depth analysis of this product sector on a global basis, with data provided in individual reports including market size and forecast by product segment (e.g., fresh, frozen, smoked, and canned) and global region and companies profiled including Marine Harvest ASA, High Liner Foods Incorporated, Clearwater Seafoods Incorporated, and AquaChile Inc.

BizMiner Market Analysis Reports
Seafood Processors / Distributors
https://www.bizminer.com Search for "3117" and "424460" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More industry research reports »

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Seafood Processors / Distributors

https://www.bizminer.com Search for "3117" and "424460" to see available reports

Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:

Income and expenses in dollars and percentages
Balance sheets in dollars and percentages
Profitability and return on investment ratios
Liquidity and working capital ratios
Asset turnover and efficiency ratios
Capital structure and debt service ratios

Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Fish & Seafood Preparation & Processing

(see links for individual reports) (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

More financial benchmarking data »

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Seafood Product Preparation and Packaging
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed by manufacturers that use land-based processing facilities or floating factory ships to clean and pack fresh fish and shellfish; freeze, can, smoke, salt, and cure seafood products; and produce surimi, fish meal, marine oils, and scrap meat and organ by-products used in pet foods.

PayScale, Inc.
Compensation data available from this organization includes:

Seafood Preparation, Packaging, and Canning
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as plant manager, production manager, inventory analyst, quality assurance technician, packer, and warehouse worker, with employers for which wage data is provided including King & Prince Seafood Corporation, Bumble Bee Foods LLC, Chicken of the Sea International, and Bornstein Seafoods, Inc.

Fish and Seafood Distributors
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage rate data for various job positions in this sector such as account manager, sales manager, outside sales representative, operations manager, and delivery driver, with employers for which wage data is provided including Aqua Star (USA) Corp., Icicle Seafoods Inc., Ocean Beauty Seafoods LLC, True World Foods LLC, and Stavis Seafoods Inc.

More compensation surveys »

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:

– SIC Codes 2091 and 2092 - Canned, Cured, Prepared Fresh, or Frozen Fish and Seafoods Manufacturing

– NAICS Code 311710 - Seafood Product Preparation and Packaging

Types of establishments included in these codes

Canned fish and seafood manufacturers - establishments that primarily process and package products in cans for retail sale. These establishments may can a variety of different products, including tuna, salmon, and sardines, and may add oil or other ingredients to the canned products.

Smoked and cured fish and seafood manufacturers - establishments that primarily smoke and cure products, including salmon, trout, and herring. These establishments may use traditional smoking methods or modern technologies and may add flavorings and other ingredients to the products.

Fish and seafood processors - establishments that primarily process products for further sale or use, such as filleting, portioning, and deboning. These establishments may also add flavorings and other ingredients to the products.

Seafood product preparers - establishments that primarily prepare products for consumption, such as shrimp cocktail and crab cakes, for sale to retailers or for use in foodservice establishments.

Fresh and frozen seafood processors - establishments that primarily process fresh and frozen products, including fish, shrimp, and scallops, for sale to retailers or for use in foodservice establishments. These establishments may also add flavorings and other ingredients to the products.

Seafood meal and condiment manufacturers - establishments that primarily produce meals and condiments, such as chowder and cocktail sauce, for sale to retailers or for use in foodservice establishments.

Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »

Related Industries:
Fish and Seafood Aquaculture
Commercial Fishing and Fisheries
Fish and Seafood Markets
Food Distributors and Wholesalers

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