Global salmon industry set to reach $ 76 and up


Dublin, October 22, 2021 (GLOBE NEWSWIRE) – The “Salmon Market by Type, End Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2028” report was added to offer.

The global salmon market size was valued at $ 50,170.0 million in 2020 and is expected to reach $ 76,145.3 million by 2028, registering a CAGR of 3.7% from 2021 to 2028.

Salmon is generally defined as an oily fish rich in protein and omega-3 fatty acids. Its flesh is usually orange to red, although there are a few examples of wild salmon with white flesh. The natural color of salmon results from the carotenoid pigments in the flesh. In addition, most of the Atlantic salmon available on the world market are farmed, while the majority of Pacific salmon are wild-caught. Salmon comes in different varieties such as chinook, coho, pink, red, salmo salar and silverbrite.

Asia-Pacific is the largest market for salmon and is also expected to be the fastest growing market due to the various health benefits of salmon such as healthy functioning of cells including nervous system, making, repairing and maintaining cells as well as it is vital for growth and development of the fetus and child. In addition, it also helps maintain the body’s balance of calcium and phosphorus which is vital for healthy bones. In North America and Europe, it is expected to grow at a promising rate, due to the increase in various health problems such as obesity, systemic inflammation as well as the risk of developing atherosclerosis, hypertension. and stroke. These regions are expected to experience significant growth during the forecast period.

The main dynamics of the salmon market include changes in consumer lifestyle that have impacted changes in food consumption patterns globally and regionally and which have far-reaching consequences for health. Populations in countries such as the United States, United Kingdom, China, France, Germany and India are experiencing a nutritional transition. North America is a traditional market for salmon. Being a developed region, there are many technological and advanced innovations in production techniques.

According to the United Nations, demand for salmon in a few European countries, the United States and Japan is declining while growth potential is high in Asia-Pacific and Latin America. The growing demand for salmon in emerging markets like Asia-Pacific and Latin America offers lucrative growth opportunities for players operating in the global salmon market. According to a United Nations report, the demand for salmon is so high that it can absorb around 6-7% of the excess supply per year without any fluctuation in price levels. In addition, the demand for ecolabelled farmed salmon is increasing rapidly and the preference for fresh food products is trending in the salmon market.

There are certain factors that may restrain the future growth of the salmon market. Disclosure of acts of cruelty to animals on livestock farms and slaughterhouses is a significant constraint hampering the growth of the market. In addition, the growth of the vegan population is on the rise and is expected to increase significantly worldwide. Awareness programs run by NGOs like People for Ethical Treatment of Animals (PETA) regarding animal welfare and animal rights can encourage people to embrace veganism. This is a major threat to the global salmon market during the forecast period.

The main players operating in the salmon market are Cremaq Group ASA, Leroy Seafood Group ASA, Mowi ASA, SalMar ASA, Bakkafrost, Greig Seafood, Blumar, Salmones Camanchaca, Nova Sea, Alsaker Fjordbruk, Nordlaks. Other notable players in these markets are Cooke Aquaculture, Multiexport, Australis Seafoods, Alsaker Fjordbruk and AquaChile.

Main benefits for stakeholders

  • The report provides quantitative current market analysis, estimates, trends and global salmon market size dynamics from 2020 to 2028 to identify existing market opportunities.
  • Key countries of all major regions are mapped based on market share and market trends.
  • Porter’s Five Forces Analysis highlights the power of buyers and suppliers to empower stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
  • A thorough analysis of the market segment and size helps in determining the existing market opportunities.
  • The top countries in each region are mapped based on their contribution to global salmon industry revenues.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the current position of market players.

Main topics covered:



3.1. Definition and scope of the market
3.2. Key forces shaping the global salmon industry / market
3.2.1. Bargaining power of suppliers
3.2.2. The bargaining power of buyers
3.2.3. There is substitution
3.2.4. The threat of new participants
3.2.5. Intensity of competitive rivalry
3.3. Market dynamics
3.3.1. Conductors Increase in fish production to meet the food supply Lifestyle changes and increased demand for a nutrient-rich diet Technological advances in fisheries and aquaculture
3.3.2. Detention Increase in acts of cruelty to animals on livestock farms and slaughterhouses Adoption of veganism
3.3.3. Opportunity Evolution of inland fisheries and use of more sustainable technologies in salmon aquaculture Salmon farming to improve the quality of salmon
3.3.4. COVID-19 impact assessment

4.1. Overview
4.1.1. Market size and forecast
4.2. Chinook salmon
4.2.1. Key Market Trends, Growth Drivers and Opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country
4.3. Coho salmon
4.3.1. Key Market Trends, Growth Drivers and Opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country
4.4. Pink salmon
4.4.1. Key Market Trends, Growth Drivers and Opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country
4.5. Red salmon
4.5.1. Key Market Trends, Growth Drivers and Opportunities
4.5.2. Market size and forecast
4.5.3. Market analysis, by country
4.6. Salmo Salar
4.6.1. Key Market Trends, Growth Drivers and Opportunities
4.6.2. Market size and forecast
4.6.3. Market analysis, by country
4.7. Silverbrite Salmon
4.7.1. Key Market Trends, Growth Drivers and Opportunities
4.7.2. Market size and forecast
4.7.3. Market analysis, by country

5.1. Overview
5.1.1. Market size and forecast
5.2. Costs
5.2.1. Key Market Trends, Growth Drivers and Opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis, by country
5.3. Frozen
5.3.1. Key Market Trends, Growth Drivers and Opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis, by country
5.4. Canned
5.4.1. Key Market Trends, Growth Drivers and Opportunities
5.4.2. Market size and forecast
5.4.3. Market analysis, by country
5.5. Others
5.5.1. Key Market Trends, Growth Drivers and Opportunities
5.5.2. Market size and forecast
5.5.3. Market analysis, by country

6.1. Overview
6.1.1. Market size and forecast
6.2. Retail stores
6.2.1. Key Market Trends, Growth Drivers and Opportunities
6.2.2. Market size and forecast
6.2.3. Market analysis, by country
6.3. Supermarkets / Hypermarkets
6.3.1. Key Market Trends, Growth Drivers and Opportunities
6.3.2. Market size and forecast
6.3.3. Market analysis, by country
6.4. Online sales channels
6.4.1. Key Market Trends, Growth Drivers and Opportunities
6.4.2. Market size and forecast
6.4.3. Market analysis, by country


8.1. The best winning strategies
8.2. Product mapping
8.3. Competitive scoreboard
8.4. Competitive heat map
8.5. Key developments
8.5.1. Acquisition
8.5.2. Business expansion
8.5.3. Product launch

9.1. Bakkafrost
9.1.1. Company presentation
9.1.2. Key leaders
9.1.3. Company overview
9.1.4. Operational business sectors
9.1.5. Product portfolio
9.1.6. Company performance
9.1.7. Key strategic movements and developments
9.2. Blumar SA
9.2.1. Company presentation
9.2.2. Key leaders
9.2.3. Company overview
9.2.4. Operational business sectors
9.2.5. Product portfolio
9.2.6. Company performance
9.2.7. Key strategic movements and developments
9.3. Crémaq ASA Group
9.3.1. Company presentation
9.3.2. Key leaders
9.3.3. Company overview
9.3.4. Product portfolio
9.3.5. Company performance
9.4. Greig seafood
9.4.1. Company presentation
9.4.2. Key leaders
9.4.3. Company overview
9.4.4. Operational business sectors
9.4.5. Product portfolio
9.4.6. Company performance
9.4.7. Key strategic movements and developments
9.5. Leroy Seafood Group ASA
9.5.1. Company presentation
9.5.2. Key leaders
9.5.3. Company overview
9.5.4. Operational business sectors
9.5.5. Product portfolio
9.5.6. Company performance
9.6. Mowi ASA
9.6.1. Company presentation
9.6.2. Key leaders
9.6.3. Company overview
9.6.4. Operational business sectors
9.6.5. Product portfolio
9.6.6. R&D expenditure
9.6.7. Company performance
9.6.8. Key strategic movements and developments
9.7. Nordlaks
9.7.1. Company presentation
9.7.2. Key leaders
9.7.3. Company overview
9.7.4. Product portfolio
9.7.5. Key strategic movements and developments
9.8. New Sea
9.8.1. Company presentation
9.8.2. Key leaders
9.8.3. Company overview
9.8.4. Product portfolio
9.9. SalMar ASA
9.9.1. Company presentation
9.9.2. Key leaders
9.9.3. Company overview
9.9.4. Operational business sectors
9.9.5. Product portfolio
9.9.6. Company performance
9.9.7. Key strategic movements and developments
9.10. Camanchaca Salmon
9.10.1. Company presentation
9.10.2. Key leaders
9.10.3. Company overview
9.10.4. Product portfolio

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