What are Marine-Based Industries with Examples?
By BYJU'S Exam Prep
Updated on: November 9th, 2023
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.
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Marine-Based Industries
Marine-based industries are heavily dependent on the sea and oceans. It is because the raw materials to run the industry are obtained from them. They involve the use of charter vessels, ferries, fishing boats, container ships, regulatory, patrol vessels, etc. These industries are still in their early stages and their environmental impact is still up for debate.
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: Agro-based industries like mineral-based, marine-based, and forest-based on the type of raw material are called raw material industries.
- Industries by Size: Size-based industries refer to the amount of capital invested, the number of people employed, and the volume of production.
- Ownership: On the basis of ownership can be classified into the private sector, state-owned or public sector, joint sector, and cooperative sector.
Marine-Based Industries Examples
Marine-based industries are those that derive their resources from the ocean, and some examples include:
- Marine Biotechnology
- Fishing and aquaculture
- Shipping and Transportation
- Seaweed farming and harvesting
- Offshore oil and gas exploration and production
- Marine tourism and recreation, such as scuba diving and snorkeling.
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