Salmon Fish Market Size Was Valued at USD 17512.72 Million in 2023 and is Projected to Reach USD 36858.85 Million by 2032, Growing at a CAGR of 8.62% From 2024-2032.

Salmon is an oily fish variety belonging to the salmonoid own family. Salmon fish is rather wealthy in protein and provides vital vitamins required for a human frame, thus, is considered as useful ingredients and important driving force for salmon fish market.

Various health benefits such as reducing of blood pressure, improving the cells characteristic, calming irritation and decreasing the risk of cancer are the key factors that are most in all likelihood to reinforce the market boom salmon fish globally. The rising client inclination from carb-primarily based and high-calorie meals products towards protein-wealthy alternatives enables to reinforce the marketplace increase.

The massive demand of the marketplace worldwide is likewise supported with the aid of major factors inclusive of increasing populace, growing fast-informal restaurants, rapidly evolving tourism enterprise and growing healthcare awareness. Additionally, some significant developments like salmon harvesting tasks, developing demand for smoked salmon, growth in penetration of on line meals orders and technological advancement are predicted to boost the salmon fish market over the projected period.

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Key Prominent Players In The Salmon Fish Market:

• Trident Seafoods Corporation (USA)
• Ocean Beauty Seafoods (USA)
• Clearwater Seafoods Inc. (Canada)
• Smoked Salmon Processors Association (Canada)
• Cooke Aquaculture Inc. (Canada)
• Ocean Wise (Canada)
• Mowi ASA (Norway)
• Leroy Seafood AS (Norway)
• Akvafarmøy AS (Norway)
• Marine Harvest ASA (Norway)
• Grieg Seafood ASA (Norway)
• SalMar ASA (Norway)

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Global Salmon Fish Market Segmentation:

By Type          

• Chinook Salmon
• Coho Salmon
• Pink Salmon
• Red Salmon
• Silverbrite Salmon
• Salmo Salar

By End Product Type

• Fresh
• Frozen
• Canned

By Distribution Channel       

• Retail Stores
• Supermarkets/ Hypermarkets
• Online Sales Channel

Geographic Segment Covered in the Report:

• North America (US, Canada, Mexico)
• Salmon Fishn Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Salmon Fishn Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Salmon Fish Market Trend Analysis

Rising Demand for Protein Enriched Healthy Food

Growing demand for wholesome food and rising prevalence of persistent conditions thanks to swiftly expanding populace, growing literacy level, and technological advancement leads to huge boom of salmon fish marketplace.

Consumers are swiftly transferring towards healthy and hygienic merchandise in preference to bad products, for this reason, the call for for protein rich ingredients which include salmon fish and salmon fish merchandise are hastily growing.

Moreover, with the adoption of latest existence and traits and irregularity in routine healthcare take a look at-ups, outcomes in growing persistent sicknesses which includes coronary heart disease, weight problems, and high blood pressure. This has shift purchaser to select healthy meals options like salmon which is complete of vitamins, proteins and nutrients, therefore cushioning the growth of the global salmon market.

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