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Salmon Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Salmon Market: By Species (Atlantic, Pink, Chum/Dog, Coho, Sockeye and Others); Fish Type (Farmed and Wild); Product Type (Frozen, Fresh, Canned and Others); Distribution Channel (Retail, HoReCa & Wholesale, Processed Food Industry and Other Institutional Customers); and Region— Industry Dynamics, Market Size and Opportunity Forecast until 2031

  • Published Date: Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0522244  | Delivery: 2 to 4 Hours
Salmon Market

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Report AttributeDetails
Market Size Value in 2022US$ 21,747.7 Million
Expected Revenue in 2031US$ 32,118.7 Million
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
Segments coveredBy Species, By Fish Type, By Product Type, By Distribution Channel, By Region
Key Companies                                                                                 Cremaq Group ASA, Leroy Seafood Group ASA, Mowi ASA, SalMar ASA, AquaChile, Cooke Aquaculture, Bakkafrost, Grieg Seafood, Multiexport, Blumar, Salmones Camanchaca, Australis Seafoods, Nova Sea, Tassal Group, Sinkaberg-Hansen, Nordlaks, Bremnes Seashore, Norway Royal Salmon, Alsaker Fjordbruk, Other Prominent players
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Low blood pressure, calming inflammation, minimizing the risk of developing cancer and improving the function of the cells, healthy ageing, brain function is some of the benefits of salmon.

It is the one of the best sources of the long-chain omega-3 fatty acids eicosatetraenoic acid (EPA) and docosahexaenoic acid (DHA), which is an essential part of human diet.

Salmon consist of low total fat and has high number of proteins, vitamins, calcium and omega-3 fatty acid. 

The Global salmon market is projected to grow at a CAGR of 4.6% during the forecast period 2023-2031 and is expected to reach US$ 32,118.7 Million. 

Factors such as rise in consumer awareness towards the health benefits of salmon and rising prevalence of chronic conditions drives the growth in the global salmon market over the forecast period

The retail segment holds the largest CAGR in the global salmon market during the forecast period.

Asia-Pacific region is growing with the fastest CAGR during the forecast period. 

Depletion of sea species is a restraining factor which inhibits the growth of the salmon market during the forecast period. 

US holds the major share in terms of revenue in the North America salmon market.

The global rise in penetration of e-commerce sector provides a lucrative growth opportunity in the salmon market.  

Species, fish type, product type, distribution channel and region are the different segments in the global salmon market.

Cermaq Group AS, Leroy Seafood Group ASA, Mowi ASA, SalMar ASA, AquaChile, Cooke Aquaculture Inc., Greig Seafood, Multiexport Foods S.A., Sinkaberg Hansen AS, Bremnes Seashore AS and Norway Royal Salmon ASA among others.