NAICS 11421 - Hunting and Trapping
This industry comprises establishments primarily engaged in one or more of the following: (1) commercial hunting and trapping; (2) operating commercial game preserves, such as game retreats; and (3) operating hunting preserves.
Industry trends:
The hunting and trapping industry, classified under NAICS 11421, has witnessed several qualitative trends driven by evolving consumer preferences and regulatory changes. A significant trend is the growing emphasis on sustainability and ethical hunting practices. Consumers and advocacy groups are increasingly pushing for regulations that ensure wildlife conservation, impacting how hunting licenses and quotas are managed. Additionally, there's a rising interest in local and organic food sources, with game meat becoming a sought-after niche market, contributing to the industry's allure. This shift is partly fueled by the farm-to-table movement and a desire for leaner, naturally-sourced proteins.
Technological advancements are also shaping the industry. Innovations such as drones, GPS tracking, and advanced wildlife cameras are being utilized for better wildlife management and to enhance hunter success rates. The integration of online platforms for licensing, regulations, and educational content has made information more accessible to hunting enthusiasts.
Looking ahead, the industry is expected to see continued growth in eco-tourism and commercial hunting preserves, aligning with sustainable practices. However, regulatory scrutiny is anticipated to tighten, demanding more robust compliance from hunting businesses. Adapting to these trends and leveraging technology will be crucial for industry players aiming to thrive in an evolving landscape.
This industry is comprised of:
Animal trapping, commercial
Fishing preserves
Game preserves, commercial
Game propagation
Game retreats
Hunting preserves
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