What are Marine-Based Industries with Examples?

By Mandeep Kumar|Updated : September 6th, 2022

The industries that use products from the sea and oceans as raw materials are called marine-based industries. Examples of marine-based industries are the industries processing seafood or manufacturing fish oil. Marine-based industries are a type of raw material industry.

Classification of Industries

The industries are based on raw materials, size, and ownership. More details related to the different types of industries are given below:

  • Raw Material Industries: The agro-based industries like mineral-based, marine-based, and forest-based depending on the type of raw materials they use are called raw material industries.
  • Industries Based on Size: Size-based industries refer to the amount of capital invested, the number of people employed, and the volume of production.
  • Ownership: Based on ownership can be classified into the private sector, state-owned or public sector, joint sector, and cooperative sector.

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FAQs

  • Marine-based industries are the industries that use products from the sea and oceans as raw materials. Examples of marine-based industries seafood processing industry, fish oil manufacturing industry, etc.

  • A place where an economic activity that is concerned with the production of goods, extraction of minerals or the provision of services takes place is called industry.

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