Major Group SIC 0273 - Animal Aquaculture

SIC 0273 - Animal Aquaculture

SIC 02 - Agricultural Production Livestock And Animal Specialties
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 027 - Animal Specialties
  SIC 021 - Livestock, Except Dairy And Poultry SIC 024 - Dairy Farms SIC 025 - Poultry And Eggs SIC 027 - Animal Specialties SIC 029 - General Farms, Primarily Livestock and Animal Specialties
  - SIC 0273 - Animal Aquaculture
    SIC 0273 - Animal Aquaculture SIC 0279 - Animal Specialties, Not Elsewhere Classified

Establishments primarily engaged in the production of finfish and shellfish, such as crustaceans and mollusks, within a confined space and under controlled feeding, sanitation, and harvesting procedures. Establishments primarily engaged in hatching fish and in operating fishing preserves are classified in Industry 0921.

Industry trends:

The Animal Aquaculture industry (NAICS 0273) is seeing significant evolution driven by sustainability, technology, and changing consumer preferences. The adoption of recirculating aquaculture systems (RAS) is on the rise, as these systems allow for higher control over environmental conditions and reduce the risk of disease outbreaks. These closed-loop systems are expected to become more prevalent in the near future as they marginally increase productivity and sustainability.

Another notable trend is the growing emphasis on sustainable and eco-friendly practices. Consumers are increasingly demanding transparency regarding the sourcing and environmental impact of their food, pushing aquaculture businesses to adopt more sustainable practices and gain certifications like Aquaculture Stewardship Council (ASC) and Best Aquaculture Practices (BAP).

Technological advancements are also making significant inroads, with the deployment of AI and IoT for real-time monitoring and optimization of aquaculture practices. These technologies help in reducing feed costs and improving overall farm management efficiency. The industry is likely to see continued investment in these technologies as companies strive to improve margins and meet regulatory requirements.

Furthermore, the demand for alternative proteins is expected to drive growth in sectors like shellfish and seaweed aquaculture, which are perceived as more sustainable sources of protein. With ongoing research and development, these alternative sectors are forecasted to expand, providing diversification and new revenue streams for the industry.

Overall, the near future for animal aquaculture looks promising, driven by technological innovations, consumer demand for sustainability, and the exploration of alternative protein sources.

This industry is comprised of:

Catfish farms

Crustacean farms

Finfish farms

Fish farms, except hatcheries

Goldfish farms

Minnow farms

Mollusk farms

Tropical aquarium fish farms

Trout farms

Explore related industries:

SIC 0921 - Fish Hatcheries And Preserves SIC 2091 - Canned And Cured Fish And Seafoods SIC 5146 - Fish And Seafoods

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

With iCFO You Get

What Is iCFO?

A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.

Sound Business Analysis

Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.

Your Business’ Health In Minutes

It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.