Tools commonly used in the Finfish industry for day-to-day tasks and operations.

• Fishing nets
• Fishing lines
• Hooks
• Traps
• Harpoons
• Gaffs
• Fish finders
• Sonar equipment
• GPS devices
• Fish processing equipment
• Ice machines
• Refrigeration units
• Fish grading machines
• Fish packing machines
• Fish cleaning knives
• Fish scaling machines
• Fish gutting machines
• Fish filleting machines
• Fish smoking equipment

Common products and services typical of NAICS Code 114111-01, illustrating the main business activities and contributions to the market.

• Salmon fishing
• Tuna fishing
• Cod fishing
• Haddock fishing
• Mackerel fishing
• Sardine fishing
• Anchovy fishing
• Trout fishing
• Catfish fishing
• Tilapia fishing

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Hazard Analysis and Critical Control Points (HACCP): HACCP is a food safety management system that is required for all seafood processors in the US. It identifies potential hazards in the production process and establishes critical control points to prevent or eliminate those hazards. The US Food and Drug Administration (FDA) provides guidance on HACCP implementation for seafood processors.
• Aquaculture Stewardship Council (ASC) Certification: ASC certification is a voluntary certification program that ensures responsible aquaculture practices are being followed. It covers environmental and social responsibility, animal welfare, and food safety. The certification is provided by the Aquaculture Stewardship Council.
• Best Aquaculture Practices (BAP) Certification: BAP certification is a voluntary certification program that covers environmental and social responsibility, animal welfare, and food safety. It is provided by the Global Aquaculture Alliance.
• Marine Stewardship Council (MSC) Certification: MSC certification is a voluntary certification program that ensures sustainable fishing practices are being followed. It covers environmental responsibility, fish stock health, and effective management. The certification is provided by the Marine Stewardship Council.
• National Organic Program (NOP) Certification: NOP certification is a voluntary certification program that ensures organic standards are being followed in the production of seafood. It covers environmental responsibility, animal welfare, and food safety. The certification is provided by the US Department of Agriculture.

A concise historical narrative of NAICS Code 114111-01 covering global milestones and recent developments within the United States.

• The "Finfish" industry has a long and rich history worldwide. Fishing for finfish has been a crucial source of food for humans for thousands of years. The ancient Egyptians, Greeks, and Romans all fished for finfish, and the industry has continued to grow and evolve ever since. In the United States, the industry has a more recent history, with the first commercial fishing operations beginning in the 17th century. The industry has faced many challenges over the years, including overfishing, pollution, and changing regulations. However, advancements in technology and sustainable fishing practices have helped the industry to continue to thrive and provide a vital source of food for people around the world.

The anticipated future trajectory of the NAICS 114111-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Finfish industry in the USA is positive. The industry is expected to grow due to the increasing demand for seafood in the country. The rise in health consciousness among consumers has led to an increase in demand for seafood, which is considered a healthy source of protein. Additionally, the industry is expected to benefit from the growing popularity of sustainable seafood. Consumers are becoming more aware of the environmental impact of their food choices and are increasingly choosing sustainably sourced seafood. However, the industry may face challenges due to climate change, which can affect fish populations and disrupt supply chains. Overall, the Finfish industry is expected to continue growing in the coming years, driven by increasing demand and changing consumer preferences.

Recent groundbreaking advancements and milestones in the Finfish industry, reflecting notable innovations that have reshaped its landscape.

• Aquaculture: The use of aquaculture has revolutionized the Finfish industry in the USA. Aquaculture allows for the controlled breeding and harvesting of fish, which has led to increased production and reduced pressure on wild fish populations.
• Traceability: The implementation of traceability systems has allowed for greater transparency in the Finfish industry. Consumers can now trace the origin of their seafood, which has increased trust in the industry and helped to combat illegal fishing practices.
• Genetic Improvement: Advances in genetic improvement have led to the development of new strains of fish that are more resistant to disease and grow faster. This has increased production and improved the quality of fish produced.
• Processing Technology: Innovations in processing technology have led to increased efficiency and reduced waste in the Finfish industry. New processing techniques have also improved the quality of fish products and extended their shelf life.
• Sustainable Fishing Practices: The adoption of sustainable fishing practices has become increasingly important in the Finfish industry. These practices help to ensure the long-term viability of fish populations and protect the environment. Many companies in the industry have adopted sustainable fishing practices and are working to reduce their environmental impact.