Demand For Canned Salmon Is Projected To Expand At A CAGR Of 7.1% By The End Of 2032

The global canned salmon market is projected to expand at a CAGR of 7.1% and touch a valuation of US$ 9 billion by the end of 2032, up from US$ 4.5 billion in 2022.

The data in this study is presented in the form of charts, tables, and maps as needed to improve readability. Based on the growth rate, macroeconomic parameters, consumer purchasing patterns, and market demand and supply scenarios, this market research report estimates the market potential for each geographical region. The market report has been specifically designed with the goal of gaining a competitive advantage during the forecast period in mind.

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Key Segments Covered in Canned Salmon Industry Research

• By Source

o Wild Canned Salmon
o Farmed Canned Salmon

• By Species

o Atlantic Canned Salmon
o Pacific Canned Salmon
 Pink
 Sockeye
 Coho
 Chum
 Chinook

• By Form

o Skinless Boneless
o Chunks
o Fillets

• By Category

o Smoked Fish- In Oil/ Deep Fried
o Smoked Fish- Steamed
o Conventional/ Traditional

• By Sales Channel

o Direct Sales of Canned Salmon
o Indirect Sales of Canned Salmon
 Modern Trade
 Convenience Stores
 Specialty Food Stores
 Wholesale Stores
 Discount Stores
 Online Retail
 Other Retail Formats

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Key Takeaways from Market Study

• The U.S. is estimated to account for 61.8% of the North American market in 2021, supported by increase in manufacturing units of canned salmon.
• According to Fact.MR's analysis, Japan is estimated to account for 41.2% of the East Asian market share in 2021, supported by increase in the consumption of seafood.
• Russia is a high potential market in Europe, accounting for 21.5% market share in 2021, supported by the popularity of plant-based seafood.
• Wild source of canned salmon will hold nearly 67% of the market in 2021, on the back of increase in demand for protein-rich food.
• Pacific species of canned salmon reflect around 82% market share, owing to increase in the demand for pink and sockeye canned salmon.

Key Companies Profiled

• Bumble Bee Seafoods L.L.C
• Thai Union Group Public Company Limited
• Princes Group Limited
• Maruha Nichiro Corporation
• Sajo Industries
• Tassal Group Limited
• Mogster Group

• Beijing Princess Seafood International Trading

• Marine Harvest
• Dong Won Fisheries
• Thai Frozen Products Company
• Labeyrie Fine Foods
• Austevoll Seafood ASA

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"Several Health Benefits Associated with Canned Salmon"

1. High in Protein: Canned salmon is an excellent source of protein, providing up to 20 grams per 3-ounce serving. This makes it a great choice for those looking to increase their daily protein intake.
2. Rich in Omega-3 Fatty Acids: Canned salmon is also a great source of omega-3 fatty acids, which are essential for heart health and can help reduce inflammation.
3. Low in Calories: Canned salmon is low in calories, making it a great choice for those looking to lose weight or maintain a healthy weight.
4. High in Vitamins and Minerals: Canned salmon is also high in vitamins and minerals, including vitamin D, calcium, phosphorus, and selenium. These nutrients are important for bone health and overall well-being.
5. Convenient: Canned salmon is convenient and easy to prepare, making it a great option for busy individuals who don't have time to cook fresh fish every day.

Get More Valuable Insights

Fact.MR, in its new offering, provides an unbiased analysis of the demand for canned salmon presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the demand for canned salmon based on source (wild and farmed), by species (atlantic and pacific-pink, sockeye, coho, chum, chinook), form (skinless boneless, chunks and fillets), category (smoked fish-in oil/ deep fried, smoked fish- steamed and conventional/ traditional), and sales channel (direct sales and indirect sales- modern trade, convenience stores, specialty food stores, wholesale stores, discount stores, online retail, other retail formats), across seven major regions of the world.

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