Seafood Product Preparation & Packaging Industry: Statistics, Forecasts, and Company Data

Seafood Product Preparation & Packaging - Market Size and Industry Forecast

The 2023 Seafood Product Preparation and Packaging Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the seafood product preparation & packaging industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Seafood Product Preparation & Packaging - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Seafood Product Preparation & Packaging companies in the United States.

Distribution by Company Size

Company Size	All Industries	Seafood Product Preparation & Packaging
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Seafood Product Preparation & Packaging - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Seafood Product Preparation & Packaging - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Seafood Product Preparation & Packaging - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	1%
Office and Administrative Support Occupations	6%
Production Occupations	60%
Food Processing Workers	39%
Butchers and Other Meat, Poultry, and Fish Processing Workers	31%
Meat, Poultry, and Fish Cutters and Trimmers	31%
Miscellaneous Food Processing Workers	8%
Other Production Occupations	14%
Packaging and Filling Machine Operators and Tenders	9%
Packaging and Filling Machine Operators and Tenders	9%
Transportation and Material Moving Occupations	16%
Material Moving Workers	12%
Laborers and Material Movers, Hand	11%
Packers and Packagers, Hand	6%

Government Contracts

In the past, the federal government spent an annual total of $64,080,321 on the seafood product preparation & packaging industry. It has awarded 132 contracts to 36 companies, with an average value of $1,780,009 per company.

Seafood Product Preparation & Packaging and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)