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Salmon Fish Market Size, Share & Trends Analysis Report By Species (Atlantic/Aquaculture, Pacific), By Form (Fresh, Frozen), By Region, And Segment Forecasts, 2022 - 2030

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    Report

  • 130 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 5648040
Description Jump to:
The global salmon fish market size is expected to reach USD 30.97 billion by 2030, and to expand at a CAGR of 8.5% from 2022 to 2030. Increasing demand for farmed Atlantic salmon owing to its high nutritional properties is anticipated to drive the market growth during the forecast period. Furthermore, a transition toward a nutritional diet is occurring in countries such as the U.S., the U.K., China, France, Germany, and India, which is expected to drive the market for aquaculture salmon fish among consumers of different age groups.

Sustainability is also a crucial factor influencing the purchasing decisions of consumers. With the increased availability of sustainably caught salmon, businesses in Europe and North America continue to offer new MSC salmon products. Furthermore, these businesses also recognize and reward certified salmon fisheries. Sales of certified sustainable salmon in Germany, the U.S., France, Chile, Netherlands, and Norway continue to grow.

Manufacturers remain focused on the sustainability and innovation of salmon fish products to cater to consumers’ evolving tastes. Companies aim to attract new consumers by introducing new flavors. Salmon companies often emphasize sustainable fishing practices due to increased concerns among regulators, consumers, and investors. In addition, innovative and aesthetic packaging is expected to boost the demand for salmon-based foods and expand the consumer base.

The Atlantic/ aquaculture salmon is anticipated to register the fastest growth during the forecast period. New product launches in this segment are likely to be another key driver supporting the overall market growth. For instance, in September 2021, Fishwife Tinned Seafood Co., a U.S.-based company launched smoked salmon sourced from third-generation Atlantic salmon farmers, in partnership with KVARØY ARCTIC, to offer ethically sourced, premium, and tinned seafood.

The fresh salmon fish segment dominated the market share in 2021. Fresh salmon has a high nutritional content than frozen salmon as they do not contain any preservatives. They are rich in protein, fat, and minerals such as iron, calcium, and potassium. Thus, the increased consumption of raw salmon owing to their high nutritional value is expected to drive the growth of the fresh salmon fish industry. The growing and high demand for affordable and sustainable, salmon and the rapid growth in its consumption are further expected to boost the market growth in the coming years.

Salmon Fish Market Report Highlights

  • Europe held the largest revenue share in 2021, owing to the increased demand for fresh and frozen Atlantic/aquaculture salmon coupled with a wide range of availability by various brands
  • The Atlantic/aquaculture salmon is anticipated to register a faster CAGR in the salmon fish industry. New product launches in this segment by various brands remain the key factor propelling the segment’s growth
  • The frozen salmon segment is anticipated to register a faster CAGR during the forecast period. Key players in the market continue to invest in new and innovative technology to increase their production to meet the growing demand for frozen salmon consumption across the globe


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Table of Contents

Chapter 1. Methodology And Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Forms & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Species Outlook
2.3. Form Outlook
2.4. Regional Outlook
Chapter 3. Salmon Fish Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact Of COVID-19 On The Salmon Fish Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s Five Forces
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat From New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap Of Salmon Fish Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends And Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Salmon Fish Market: Species Estimates & Trend Analysis
5.1. Species Movement Analysis & Market Share, 2021 & 2030
5.2. Atlantic/Aquaculture Salmon
5.2.1. Market Estimates And Forecast For Atlantic/Aquaculture, 2017 - 2030 (USD Million)
5.3. Pacific Salmon
5.3.1. Pacific Salmon Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3.2. Coho
5.3.2.1. Coho Salmon Fish Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3.3. Chinook/King
5.3.3.1. Chinook/King Salmon Fish Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3.4. Pink
5.3.4.1. Pink Salmon Fish Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3.5. Red
5.3.5.1. Red Salmon Fish Market Estimates And Forecast, 2017 - 2030 (USD Million)
5.3.6. Chum
5.3.6.1. Chum Salmon Fish Market Estimates And Forecast, 2017 - 2030 (USD Million)
Chapter 6. Salmon Fish Market: Form Estimates & Trend Analysis
6.1. Form Movement Analysis & Market Share, 2021 & 2030
6.2. Fresh
6.2.1. Market Estimates And Forecast For Fresh Salmon, 2017 - 2030 (USD Million)
6.3. Frozen
6.3.1. Market Estimates And Forecast For Frozen Salmon, 2017 - 2030 (USD Million)
6.4. Others
6.4.1. Market Estimates And Forecast For Others, 2017 - 2030 (USD Million)
Chapter 7. Salmon Fish Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2021 & 2030
7.2. North America
7.2.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.2.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.2.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.2.4. U.S.
7.2.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.2.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.2.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.2.5. Canada
7.2.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.2.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.2.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3.4. Germany
7.3.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3.5. U.K.
7.3.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3.6. France
7.3.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.6.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.6.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3.7. Russia
7.3.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.7.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.7.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.3.8. Italy
7.3.8.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.3.8.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.3.8.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.4.4. China
7.4.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.4.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.4.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.4.5. Japan
7.4.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.4.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.4.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.4.6. India
7.4.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.4.6.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.4.6.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.4.7. Thailand
7.4.7.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.4.7.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.4.7.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.5.4. Brazil
7.5.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.5.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.5.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.5.5. Argentina
7.5.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.5.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.5.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.6.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.6.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.6.4.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.6.4.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
7.6.5. Saudi Arabia
7.6.5.1. Market Estimates And Forecast, 2017 - 2030 (USD Million)
7.6.5.2. Market Estimates And Forecast, By Species, 2017 - 2030 (USD Million)
7.6.5.3. Market Estimates And Forecast, By Form, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key Global Players, Recent Developments & Their Impact On The Industry
8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
8.3. Vendor Landscape
8.3.1. Key Company Market Share Analysis, 2021
Chapter 9. Company Profiles
9.1. Lerøy
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Form Benchmarking
9.1.4. Strategic Initiatives
9.2. Salmar ASA
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Form Benchmarking
9.2.4. Strategic Initiatives
9.3. Cermaq
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Form Benchmarking
9.3.4. Strategic Initiatives
9.4. Mowi
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Form Benchmarking
9.4.4. Strategic Initiatives
9.5. Bakkafrost
9.5.1. Financial Performance
9.5.2. Form Benchmarking
9.5.3. Strategic Initiatives
9.6. SEA DELIGHT GROUP
9.6.1. Company Overview
9.6.2. Company Overview
9.6.3. Financial Performance
9.6.4. Form Benchmarking
9.6.5. Strategic Initiatives
9.7. Nordlaks Produkter AS
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Form Benchmarking
9.7.4. Strategic Initiatives
9.8. Atlantic Sapphire
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Form Benchmarking
9.8.4. Strategic Initiatives
9.9. Ideal Foods Ltd
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Form Benchmarking
9.9.4. Strategic Initiatives
9.10. Bluglacier
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Form Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Salmon fish market - Key market driver analysis
2. Salmon fish market - Key market restraint analysis
3. Global salmon fish market estimates and forecast, by species, 2017 - 2030 (USD Million)
4. Global Atlantic/aquaculture salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
5. Global Pacific salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
6. Global coho salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
7. Global chinook/kingfish market estimates and forecast, 2017 - 2030 (USD Million)
8. Global pink salmon market estimates and forecast, 2017 - 2030 (USD Million)
9. Global red salmon market estimates and forecast, 2017 - 2030 (USD Million)
10. Global chum fish market estimates and forecast, 2017 - 2030 (USD Million)
11. Global salmon fish market estimates and forecast, by form, 2017 - 2030 (USD Million)
12. Global fresh salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
13. Global frozen salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
14. Global others salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
15. North America salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
16. North America salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
17. North America salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
18. U.S. salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
19. U.S. salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
20. U.S. salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
21. Canada salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
22. Canada salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
23. Canada salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
24. Europe salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
25. Europe salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
26. Europe salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
27. Germany salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
28. Germany salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
29. Germany salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
30. U.K. salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
31. U.K. salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
32. U.K. salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
33. France salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
34. France salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
35. France salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
36. Russia salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
37. Russia salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
38. Russia salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
39. Italy salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
40. Italy salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
41. Italy salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
42. Asia Pacific salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
43. Asia Pacific salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
44. Asia Pacific salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
45. China salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
46. China salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
47. China salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
48. Japan salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
49. Japan salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
50. Japan salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
51. India salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
52. India salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
53. India salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
54. Thailand salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
55. Thailand salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
56. Thailand salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
57. Central & South America salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
58. Central & South America salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
59. Central & South America salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
60. Brazil salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
61. Brazil salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
62. Brazil salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
63. Argentina salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
64. Argentina salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
65. Argentina salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
66. Middle East & Africa salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
67. Middle East & Africa salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
68. Middle East & Africa salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
69. South Africa salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
70. South Africa salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
71. South Africa salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
72. Saudi Arabia salmon fish market estimates and forecast, 2017 - 2030 (USD Million)
73. Saudi Arabia salmon fish market revenue estimates and forecast by species, 2017 - 2030 (USD Million)
74. Saudi Arabia salmon fish market revenue estimates and forecast by form, 2017 - 2030 (USD Million)
75. Company categorization
List of Figures
1. Salmon fish market snapshot
2. Salmon fish segmentation & scope
3. Salmon fish market - Penetration & growth prospect mapping
4. Salmon fish market - Value chain analysis
5. Salmon fish market: Porter’s Five Forces Analysis
6. Salmon fish market: Roadmap
7. Factors affecting the buying decision for the salmon fish market
8. Salmon fish market: Species (%) analysis, 2021 & 2030
9. Salmon fish market: Form (%) analysis, 2021 & 2030
10. Salmon fish market: Regional share (%) analysis, 2021 & 2030
11. Key Salmon fish company market share analysis, 2021

Companies Mentioned

  • Lerøy
  • Salmar ASA
  • Cermaq
  • Mowi
  • Bakkafrost
  • SEA DELIGHT GROUP
  • Nordlaks Produkter AS
  • Atlantic Sapphire
  • Ideal Foods Ltd
  • Bluglacier

Methodology

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Table Information

Report AttributeDetails
No. of Pages130
PublishedDecember 2022
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 15.96 Billion
Forecasted Market Value ( USD ) by 2030 $ 30.97 Billion
Compound Annual Growth Rate8.5%
Regions CoveredGlobal
No. of Companies Mentioned10

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