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Hoover's Directories > Industry Overviews > Seafood Processing

Seafood Processing

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

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
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Top 5 Companies

CompanySalesLocation
Thai Union Frozen Products Public Company Limited3,114.04MSamutsakorn, Thailand
MARUHA NICHIRO FOODS, INC.1,688.79MKoto-Ku, Tky
Bumble Bee Foods, LLC950.00MSan Diego, CA
HAGOROMO FOODS CORPORATION945.65MShizuoka, Szo
MARINE FOODS CORPORATION, THE915.84MShinagawa-Ku, Tky
Bullet - Yellow Arrow Box There are 26,149 companies in this industry. To view all of them, register now.

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.
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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...
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