11251 - Aquaculture
Understanding the North American Industry Classification System (NAICS) codes is essential for businesses looking to identify their industry sector, qualify for government contracting, or gain market insights. One such important code is NAICS 11251 - Aquaculture, a vital segment within the agriculture and fishing industries that focuses on the farming of aquatic organisms.
What is NAICS Code 11251 - Aquaculture?
NAICS 11251 covers the farming of aquatic organisms, including fish, shellfish, and aquatic plants, under controlled environments. This involves breeding, rearing, and harvesting activities carried out in both freshwater and marine settings. Aquaculture is a rapidly growing field that contributes significantly to the food supply chain, environmental sustainability, and economic development.
Sector: Agriculture, Forestry, Fishing and Hunting
Aquaculture falls under the broader Agriculture, Forestry, Fishing and Hunting sector. The industry benefits from innovations in biotechnology and sustainable farming practices, aiming to meet increasing global demand for seafood and related products.
Typical Business Activities under NAICS 11251
Businesses classified under NAICS 11251 engage in a variety of activities, such as:
- Fish farming operations: Raising fish like salmon, tilapia, catfish, or trout in controlled environments.
- Shellfish cultivation farms: Growing oysters, clams, mussels, and other shellfish species.
- Aquatic plant farming: Cultivating seaweed and other aquatic plants for commercial use.
Size Standards for NAICS 11251 Businesses
The Small Business Administration (SBA) defines size standards to determine eligibility for small business programs. For NAICS 11251 - Aquaculture, the size standard is typically:
- Maximum of $30 million in average annual receipts
Businesses meeting this criterion are considered small and can access various government contracting and support programs.
NAICS 11251 Code Details at a Glance
Attribute | Details |
---|---|
NAICS Code | 11251 |
Title | Aquaculture |
Sector | Agriculture, Forestry, Fishing and Hunting |
Industry Description | Farming of aquatic organisms including fish, shellfish, and aquatic plants in controlled environments |
Activities Included | Breeding, rearing, harvesting in freshwater or marine settings |
Typical Businesses | Fish farms, shellfish cultivators, aquatic plant farms |
Size Standard | $30 million average annual receipts |
Examples of Businesses under NAICS 11251
- Aqua Fresh Fish Farms Inc. – Specializes in raising freshwater fish for commercial sale.
- Coastal Shellfish Growers – Cultivates oysters and clams along the coastline.
- Green Seaweed Harvesters LLC – Grows and processes seaweed for food and pharmaceutical industries.
Frequently Asked Questions (FAQs) about NAICS 11251 - Aquaculture
What does NAICS 11251 Aquaculture cover?
It includes the farming and cultivation of aquatic animals and plants such as fish, shellfish, and aquatic vegetation under controlled freshwater or marine conditions.
Is aquaculture considered agriculture?
Yes, aquaculture is classified within the agriculture sector under the Agriculture, Forestry, Fishing and Hunting NAICS sector.
What are the size standards for small businesses in NAICS 11251?
The size standard is $30 million in average annual receipts to qualify as a small business.
Can aquaculture businesses participate in government contracting?
Yes, businesses under NAICS 11251 can participate in government contracting, especially if they meet small business size standards.
What are typical examples of aquaculture business activities?
Typical activities include fish farming, shellfish cultivation, and aquatic plant farming.
By understanding NAICS code 11251, aquaculture businesses can better position themselves for market opportunities, government contracts, and industry growth. Stay informed and ensure your business accurately reflects your industry classification for maximum benefit.