The global demand for Salmon Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilotons in 2021 and forecast to touch XX Kilotons by 2028 with a CAGR of XX% during 2022-2028.
Salmon is a fish species from the Salmonidae family, native to tributaries of the North Atlantic and the Pacific Ocean. Salmon are intensively farmed in many parts of the world. It is a common fish food categorized as oily fish, enriched with protein and omega-3 fatty acids. It generally appears orange to red in color; however, some are white-fleshed wild salmon. Various dishes can be prepared using salmon, including gravlax, lohikeitto, lomi salmon, lox, rui-be, salmon burger, salmon tartare, smoked salmon, salmon sashimi, salmon sushi, and kippered salmon.
Market Dynamics
Salmon is one of the most nutritious foods that are tasty, versatile, and widely available. It is the best source of the long-chain omega-3 fatty acids eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). Rising consumption of seafood and growing awareness about the health benefits of salmon drive the global salmon market. Salmon lower the chances of cardiovascular disease, some types of cancer, dementia, Alzheimer's, and other cognitive diseases, and ease the effects of rheumatoid arthritis. Rising awareness about health and wellness, shift in the consumption patterns of individuals, growing the consumption of protein-rich food items, escalating employment of salmon in the preparation of pasta, salads, burgers, tartar sauce, and other dishes is accelerating the growth of the global salmon market. Salmon is preferred as a healthy alternative to meat that's tasty enough for landlubbers. However, salmon is high in mercury and can cause extreme allergic reactions, hindering the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of salmon. The growth and trends of Salmon Industry provide a holistic approach to this study.
Market Segmentation
This section of the salmon market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Species
- Atlantic
- Pink
- Chum/Dog
- Coho
- Sockeye
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Salmon market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Salmon Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the salmon market include Cremaq Group ASA, Leroy Seafood Group ASA, Mowi ASA, and SalMar ASA. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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