Fishing, Hunting and Trapping market includes establishments involved in the commercial catching or taking of shellfish, finfish and other wild animals from their natural habitat. Hunting and trapping activities are classified in the same subsector as fishing as the availability of resources and the constraints imposed, such as conservation requirements and proper habitat maintenance, are similar.
The global fishing, hunting and trapping market was valued at $481.6 billion in 2017. Asia Pacific was the largest geographic region accounting for $280.8 billion or 58.3% of the global market. And China was the largest country accounting for $132.3 billion or 27.4% of the global fishing, hunting and trapping market.
Technological advanced Fish Aggregating Device (FAD) are increasing being adopted by the fishing companies for increased production. FAD is a structure or device, made of any material, used to lure fish. In recent years, the FAD is available with sonar and satellite buoys for receiving efficient tracking information related to the marine animals.
Companies Covered: Angler's Legacy, American Sportfishing Association, Keep America Fishing Organization, National Association of Sporting Goods Wholesalers, Fishing, Hunting And Trapping
Market Segments Included: Fishing, Hunting And Trapping
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