The market is dominated by domestic suppliers, as imports account for 40.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 52.1% of total demand in 2022. The US has the sixth largest market size for fish and fish products across the top 20 developed countries, with demand reaching USD10.5 billion in 2022. Trident Seafoods Corp is the largest company in the US, generating 26.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 65.3% of total production value in 2022. The total number of companies increases in 2022, to 2,020 units. The costs of the industry increase by 4.1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 8.1% of production value in 2022, the 14th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 6.5% of total production output. With production value of USD9.7 billion, the US accounts for 72.0% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Fish and Fish Products in the US: ISIC 1512. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fish and Fish Products in the US: ISIC 1512 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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