Global Salmon Market Set to Reach $76,145.3 Million by 2028

Salmon Market Set to Reach $76,145.3 Million by 2028, Fueled by Health-Conscious Consumers and Rising Demand for Frozen & Canned Varieties.

According to a new report published by Allied Market Research, titled, "Salmon Market by Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2028," the global Salmon market size is expected to reach $76,145.3 million by 2028 at a CAGR of 3.7% from 2021 to 2028.

📍𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 @ https://www.alliedmarketresearch.com/request-sample/A12024

𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐟𝐟𝐞𝐫 𝐀𝐥𝐞𝐫𝐭! 🚀 𝐆𝐞𝐭 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐍𝐞𝐱𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐁𝐮𝐲 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐭𝐚𝐤𝐞 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐥𝐢𝐦𝐢𝐭𝐞𝐝-𝐭𝐢𝐦𝐞 𝐨𝐟𝐟𝐞𝐫. 🛍️

Salmon, renowned for its rich protein and omega-3 fatty acids, is a widely consumed fish globally. Its migratory nature and ease of preservation have made it a staple in various cultures. Apart from its nutritional value, salmon offers health benefits, including obesity reduction, heart disease prevention, and diabetes control. Recognized as a healthier alternative to chicken or beef due to its high protein and low saturated fat content, salmon has become an ideal protein source, aiding in weight and BMI maintenance, driving its global demand.

Factors such as growing health consciousness, sedentary lifestyles, increasing obesity rates, and rising disposable incomes contribute to the heightened demand for salmon. Consumers seeking protein-rich diets incorporate salmon into diverse food preparations, such as pasta, patties, burgers, and rice dishes. Manufacturers respond to this demand by offering a variety of salmon products, including smoked salmon, salmon oil, spreads, frozen salmon, and canned salmon.

Salmon is one of the most commonly consumed fish, well-known for its high protein and omega-3 fatty acids content. Salmon migrate in huge numbers and its meat can be easily preserved. This makes salmon the staple food of many cultures for years. The salmon offers health benefits such as decreased obesity, prevention of heart disease, and diabetes control. Moreover, salmon is perceived to be a great substitute to chicken or beef as it provides ample amount of protein with less saturated fat. This makes salmon an ideal source of protein that helps in maintaining normal weight and body mass index (BMI). These health benefits offered by salmon consumption is a key factor responsible for its growing demand among the consumers across the globe.

📍𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐃𝐚𝐭𝐚 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 @ https://www.alliedmarketresearch.com/purchase-enquiry/A12024

The increasing demand for frozen and canned salmon is particularly notable due to the rise in the working population and the surge in ready-to-eat food products. While salmon demand is diminishing in certain regions like Europe, the U.S., and Japan, the growth potential is high in Asia-Pacific and Latin America, presenting lucrative opportunities for global market players. The demand for eco-labeled farmed salmon is on the rise, and a preference for fresh products is a prevailing trend.

Sustainability is becoming a key focus in the salmon industry, with companies leveraging technologies like blockchain for transparent supply data sharing. For instance, collaborations between IBM and the Norwegian Seafood Association aim to enhance transparency in Norway's seafood industry.

However, challenges such as revelations of cruelty in animal farms and slaughterhouses and the increasing popularity of veganism pose threats to the salmon market. Awareness programs by NGOs like PETA contribute to the rise in veganism, impacting salmon consumption.

The salmon market is segmented based on type, end product type, distribution channel, and region. Pink salmon, with lower fat content, dominates the market, while the fresh segment holds the largest share. Retail stores are the prominent distribution channel, offering consumers the opportunity to inspect and purchase salmon instantly.

In terms of global market analysis, Asia-Pacific led in 2020, accounting for 38.9% of the total market share, with Europe following closely behind. Health-conscious consumers in Asia-Pacific are driving the significant growth of the salmon market in the region.

Key players in the salmon market include Cremaq Group ASA, Leroy Seafood Group ASA, Mowi ASA, SalMar ASA, Bakkafrost, Greig Seafood, Blumar, Salmones Camanchaca, Nova Sea, AlsakerFjordbruk, and Nordlaks, with others like Cooke Aquaculture, Multiexport, Australis Seafoods, AlsakerFjordbruk, and AquaChile also making notable contributions.the retail stores segment was the prominent segment, owing to high popularity and wide scale penetration in leading salmon markets. Retail stores allows customers to see product including seafood such as salmon quite close and as opposed to online stores it provides instant gratification because the customer walks away with their purchases immediately. In addition, friendly and helpful staff also helps to build customer loyalty by offering good quality salmon that makes consumers to visit again and again.

According to the global salmon market analysis, in 2020, Asia-Pacific dominated the market, garnering around 38.9% of the total salmon market share, followed by Europe. In Asia-Pacific, salmon market is growing significantly, owing to increasing consumer awareness in the region. Salmon is anticipated to gain maximum demand in the region, owing to higher demand of seafood containing higher nutrition value.

📍𝐒𝐏𝐄𝐀𝐊 𝐖𝐈𝐓𝐇 𝐀𝐍𝐀𝐋𝐘𝐒𝐓 @ https://www.alliedmarketresearch.com/connect-to-analyst/A12024

{ 𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 }

I. Cremaq Group ASA
II. Leroy Seafood Group ASA
III. Mowi ASA
IV. SalMar ASA
V. Bakkafrost
VI. Greig Seafood
VII. Blumar, Salmones Camanchaca
VIII. Nova Sea
IX. AlsakerFjordbruk
X. Nordlaks

« » 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

💡Ice Cream Ingredients Market : https://www.alliedmarketresearch.com/ice-cream-market

💡Natural Food & Drinks Market : https://www.alliedmarketresearch.com/natural-food-and-drinks-market

💡Coffee Beans Market : https://www.alliedmarketresearch.com/coffee-beans-market

💡Royal Jelly Market : https://www.alliedmarketresearch.com/royal-jelly-market-A15111

💡Food 3D Printing Market : https://www.alliedmarketresearch.com/food-3d-printing-market-A08587

Contact

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/reports-store/food-and-beverages
Follow Us on Blog: https://www.dailyreportsworld.com/

About Us

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 of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in 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.