Press release
Salmon Market to Generate $76.14 Billion by 2028, States the Report by Allied Market Research
A lead analyst at AMR highlighted the salmon market in Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period, due to owing to higher demand of seafood containing higher nutrition value.Allied Market Research published a research report on the salmon market. The findings of the report states that the global market for salmon generated $50.17 billion in 2020, and is projected to reach $76.14 billion by 2028, witnessing a CAGR of 3.7% from 2021 to 2028. The report offers valuable information on changing market dynamics, major segments, top investment pockets, and competitive scenario for market players, investors, shareholders, and new entrants.
The report provides insights on drivers, restrains, and opportunities to help the market players in devising several growth strategies. Rise in fish production for fulfilling the food demand, surge in demand for nutritious diet, and technological advancements in fish harvesting/aquaculture fuel the growth of the global salmon market. On the other hand, adoption of veganism and increase in animal cruelty in animal farms and slaughterhouses impede the growth to some extent. However, breeding activities of salmon to improve quality, evolution in inland fishing, and utilization of sustainable technology in salmon fish farming present new opportunities in the industry.
Download sample pages:
https://www.linkedin.com/feed/update/urn:li:activity:6841383225319927809/
The report provides a detailed scenario of the impact of the Covid-19 pandemic on the salmon market globally. The outbreak of COVID-19 gave way to distorted supply chain across world, thereby affecting the global salmon market, especially during the initial stage. However, the pandemic has led to increase in the inclination of people toward having healthier food options, which has boosted the market growth positively.
“the use of monitoring, control and surveillance (MCS), Vessel Monitoring System (VMS), and Automatic Identification System (AIS) in salmon farming are becoming a standard part of fisheries management and fishing operations. Moreover, technologies such as big data, smart weighing at sea, block chain, drones, artificial intelligence, Radio-frequency identification (RFID), and monitoring through smartphones are being used to efficiently and effectively manage various operations. These technologies are also helpful in facilitating sustainable aqua farming practices.” said Aniket Kadam, Senior Research Analyst, Consumer Goods at Allied Market Research.
Download brochure:
https://www.facebook.com/alliedmarketresearch/photos/a.228006404029264/2030226920473861
The report offers detailed segmentation of the global salmon market based on type, end product type, distribution channel, and region. These insights are helpful for new as well as existing market players to capitalize on the fastest growing and largest revenue generating segments to accomplish growth in the future.
On the basis of type, the pink salmon segment contributed the highest share in 2020, accounting for more than one-fourth of the total market share. Nevertheless, the coho salmon segment is expected to cite the fastest CAGR of 5.9% from 2021 to 2028.
On the basis of distribution channel, the retail stores segment held the highest share in 2020, generating nearly half of the global salmon market. On the other hand, the online sales channels segment is expected to manifest the fastest CAGR of 5.3% from 2021 to 2028.
Sample insight: https://twitter.com/Allied_MR/status/1435618669896347654
Based on region, Asia-Pacific garnered the major share in 2020, holding nearly two-fifths of the global market, and is projected to retain its dominance in terms of revenue by the end of 2028. This region is also expected to showcase the fastest CAGR of 5.2% throughout the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.
The leading market players analyzed in the global salmon market report include Leroy Seafood Group ASA, Mowi ASA, SalMar ASA, Nordlaks, Greig Seafood, Blumar, Salmones Camanchaca, Nova Sea, Cremaq Group ASA, Alsaker Fjordbruk, and Bakkafrost.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Salmon Market to Generate $76.14 Billion by 2028, States the Report by Allied Market Research here
News-ID: 2413676 • Views: …
More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Salmon
Land Based Salmon Market Growth Opportunity : Danish Salmon, Kuterra Limited, At …
This intensive research report entitled Land Based Salmon Market 2023 compiled and published by MarketsandResearch.biz entails a market synopsis and offers a definition & outline of the market. The report comprises historical data, significance, statistical data, size & share, market analysis by product and market trends by key players, and market price & demand. The market is separated by product type, application, and country. The report targets the current as…
Smoked Salmon Market to See Massive Growth by 2028 | Salmar, Mowi, Norway Royal …
Latest published market study on Smoked Salmon Market provides an overview of the current market dynamics in the Smoked Salmon space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are in coverage of…
Land-Based Salmon Market Survey Report 2022 Along With Statistics, Forecasts Til …
The Latest report about the Land-Based Salmon market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Land-Based Salmon market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with…
Land-Based Salmon Market Huge Growth Opportunity between 2020-2028 | Top Players …
A recent report published by QMI on land-based salmon market is a detailed assessment of the most important market dynamics. After carrying out thorough research of land-based salmon market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for land-based salmon during the forecast period. It can enable companies investing in land-based salmon…
Canned Salmon Market 2019 analysis with Top Key Players and Major Types Farmed C …
Canned Salmon Market
Salmon is the common name for fishes belonging to the family of Salmonidae. It is available from both wild and farmed sources. It is estimated that nearly 60% of the world's salmon production is farmed. Salmon farming started in the beginning of 1960s. Atlantic salmon is the most common type of salmon that is farmed. Major part of Atlantic salmon available around the globe are farmed commercially.
To Access…
Global Alaskan Salmon Market Analysis Covers Cost Structure, Demand Rate, Growth …
Commercial fishing is one of the major industries contributing to the economy of Alaska. Natives of Alaska have been harvesting salmons and various other fishes for centuries. Salmon are ray-finned fish in the family of salmonidae. The term salmon comes from Latin word salmo, emerged from salire, meaning "to leap". Alaskan salmon are highly preferred around the world owing to its better taste and high nutritional values. Alaskan salmon is…