IBISWORLD has published industry risk ratings report which evaluates the inherent risks associated with the Seafood Preparation in the US industry. The report looks at the operational risk associated with this industry. The report analyses three types of risks such as: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).
Seafood industries are scored on a 9-point scale, where 1 represents the lowest risk and 9 the highest. The Industry Risk score measures expected Industry Risk over the coming 12-18 months. This industry includes establishments mainly engaged in the processing of fish and other seafood. This industry also includes establishments known as floating factory ships that are engaged in shipboard processing of seafood.
The report provides a detailed definition of the activities carried out by operators in this industry as defined in NAICS. A list of the primary activities of the industry is also included. The Industry Risk Score section provides the Overall Industry Risk Score as well as the Risk Scores for each of the three types of risk covered that combine to form the Overall Industry Risk Score. These three types of risk are Structural Risk, Growth Risk and External Sensitivity Risk.
