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Hunting & Trapping in the US - Industry Market Research Report

Publisher IBISWorld
Published Dec 08, 2024
Length 73 Pages
SKU # IBSS19493398

Description

Hunting & Trapping in the US - Industry Market Research Report


Hunting & Trapping in the US

The Hunting and Trapping industry is composed of recreational hunting, game and fishing preserves that customers pay to use, as well as commercial fur trappers. Most commercial hunting activities have been illegal since the passage of the Lacey Act of 1900, and therefore, commercial hunting activity accounts for a negligible component of industry activity. Over the past few years, industry operators have struggled with growing disinterest from consumers and negative social stigma. Revenue has declined at a CAGR of 0.2% to $923.9 million over the five years to 2023. Due to an increase in per capita income and decrease in the price of feed, 2.4% growth is expected in 2023. Industry profit has contracted over the past five years as wage costs have risen.

This industry includes commercial trappers, commercial game preserves, hunting preserves, fishing preserves and game propagation companies. Hunting with the intent to sell animal carcasses is illegal according to federal law. Exceptions include the hunting of reptiles, amphibians and fish, as well as the sale of antlers, hides and other specific animal parts obtained via hunting.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

73 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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