2014-03-11 07:17:01 - Fish & Seafood Markets in the US - Industry Market Research Report - a new market research report on companiesandmarkets.com
Fish & Seafood Markets in the USDuring the past few years, falling household wealth has had a significant negative effect on the Fish and Seafood Markets industry. As families and individuals tightened their budgets, the volume of fish and seafood sold dropped significantly in 2008 and 2009 in favor of less expensive protein sources such as chicken, pork and beef. The negative effects of the recession has affected the quality of purchases as well. Purchases of higher-quality seafood have declined strongly as Americans substituted quality fresh fish with more frozen, canned or other lower-quality varieties. Industry profitability has also taken a plunge, as lower sales of value-added products squeezed industry margins.Fish and seafood markets primarily retail fresh, frozen and cured
fish and seafood items such as tuna, salmon, lobster and shrimp. Operating within the retail sector, products are sold at various independent markets, delicatessens, fishmongers and butcher shops. Fish and seafood markets operating as part of a supermarket are excluded from this industry, as are online sales.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.
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