Seafood Processing
Industry Description
The US seafood processing industry consists of about 550 companies with combined annual revenue of about $10 billion. Major companies include American Seafoods, Bumble Bee Foods, Icicle Seafoods, Starkist, and Trident Seafoods. The industry is concentrated: the 50 largest companies account for about 70 percent of revenue. Some companies in the industry engage in seafood distribution as well as processing.
SIC: 2077
NAICS: 311711, 311712
NAICS: 311711, 311712
Related Industries:
Food Wholesalers, Restaurants, Grocery Stores & Supermarkets, Specialty Food Stores, Aquaculture , Commercial FishingTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Thai Union Frozen Products Public Company Limited | 3,114.04M | Samutsakorn, Thailand |
| MARUHA NICHIRO FOODS, INC. | 1,688.79M | Koto-Ku, Tky |
| Bumble Bee Foods, LLC | 950.00M | San Diego, CA |
| HAGOROMO FOODS CORPORATION | 945.65M | Shizuoka, Szo |
| MARINE FOODS CORPORATION, THE | 915.84M | Shinagawa-Ku, Tky |
Trends
Processors and Wholesalers Consolidate - Seafood product companies, processors, and wholesalers are consolidating through...
Industry Indicator
The consumer price index for food, an indicator of seafood product values, rose 3.1 percent in April 2012 compared to the same month in 2011.
Quarterly Industry Update
Prepared Seafood Sales Increase - Value-added seafood products are gaining in popularity among US consumers, pointing to new revenue opportunities for processors. Prepared seafood, which includes items such as seafood...


