As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Salmon Market: By Type; By Species; By End Product; Distribution Channel; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Value Chain Analysis; Trade Data Analysis; Salmon Processing; Project Details and Cost Analysis; Project Economics; Competitive Landscape; Industry Events and Developments

Global Salmon Market Outlook

The global salmon market size reached a volume of about 4 million tons in 2019. The salmon market is further expected to increase at a CAGR of 4% between 2020 and 2025 to reach a volume of about 5 million tons by 2025.

On the basis of production, farmed salmon are primarily raised in Norway, followed by Chile, Scotland, Canada, and the Faroe Islands. The United States is the largest wild salmon catch area, followed by Russia, Japan, and Canada. The European Union, the United States, Russia, China, Brazil, and Japan are significant consumption regions of the product. The European Union accounts for the largest share of the overall salmon market.

 

Properties and Applications

Salmon is a genus of ray-finned fish associated with the Salmonidae family found in the North Atlantic and Pacific Oceans. Salmon is commonly used in the world because it is high in calcium, iodine, vitamin D, vitamin B3, zinc, phosphorus, and omega-3 fatty acids. Because it is known to be one of the main sources of eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), its intake provides several health benefits, like helping to minimise inflammation, reduce the risk of cancer, lower blood pressure, and improve the function of the cells lining the arteries. Salmon is an important part of the preparation of a wide variety of meals, including sushi, salads, tartar, burgers, and pasta.

On the basis of type, the global salmon market can be divided into:

  • Farmed
  • Wild Captured

The species of salmon can be segmented into:

  • Atlantic
  • Pink
  • Chum/Dog
  • Coho
  • Sockeye
  • Others

The end product type can be categorised as follows:

  • Frozen
  • Fresh
  • Canned
  • Others

The distribution channels can be segmented into the following:

  • Foodservice
  • Retail
  • Others

The farmed variant is majorly produced in the following regions:

  • Norway
  • Chile
  • Scotland
  • Canada
  • Faroe Islands
  • Others

The wild captured variant are majorly found in the following regions:

  • United States
  • Russia
  • Japan
  • Canada
  • Others

The major consuming regions of the product include the following:

  • European Union
  • Russia
  • United States
  • Brazil
  • Japan
  • China
  • Others

 

Market Analysis

There has been a change in individual patterns of consumption due to multiple factors, such as sedentary lifestyle preferences, growing income rates, increasing prevalence of chronic conditions, and increasing knowledge of health and wellness. People concentrate on removing or reducing carbohydrate-charged food products from their everyday diet and increasing the intake of protein-rich food products. As a consequence, salmon are frequently used in the making of pasta, salads, burgers, tartar sauces, and other dishes typically eaten as part of their daily diet. In addition, a range of value-added items are launched by producers, like canned, frozen, smoked, and suckling salmon, along with salmon oil, lox, and spreads. The growing working population, in combination with busy schedules for individuals, is increasing the sales of ready-to-eat (RTE) and easy-to-cook food items. Consistent with this, compact packaging and easy availability of frozen and canned salmon are expected to fuel the demand growth of the salmon market in the coming years.

 

Competitive Landscape 

The report gives a detailed analysis of the following key players in the global salmon market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Cermaq Group AS
  • Lerøy Seafood Group
  • Mowi ASA
  • SalMar ASA
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Salmon Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Salmon Historical Market (2015-2019) 
    8.3    Global Salmon Market Forecast (2020-2025)
    8.4    Global Salmon Market by Type
        8.4.1    Farmed
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Wild Captured
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Salmon Market by Species
        8.5.1    Atlantic
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Pink
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025)
        8.5.3    Chum/Dog
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Coho
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025)
        8.5.5    Sockeye
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2015-2019)
            8.5.5.3    Forecast Trend (2020-2025)
        8.5.6    Others
    8.6    Global Salmon Market by End Product
        8.6.1    Frozen
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Fresh
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Canned
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2015-2019)
            8.6.3.3    Forecast Trend (2020-2025)
        8.6.4    Others
    8.7    Global Salmon Market by Distribution Channel
        8.7.1    Foodservice
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2015-2019)
            8.7.1.3    Forecast Trend (2020-2025)
        8.7.2    Retail
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2015-2019)
            8.7.2.3    Forecast Trend (2020-2025)
        8.7.3    Others
9    Regional Analysis
    9.1    Global Salmon Market by Major Producing Countries
        9.1.1    Farmed
            9.1.1.1    Norway
                9.1.1.1.1    Market Share
                9.1.1.1.2    Historical Trend (2015-2019)
                9.1.1.1.3    Forecast Trend (2020-2025)
            9.1.1.2    Chile
                9.1.1.2.1    Market Share
                9.1.1.2.2    Historical Trend (2015-2019)
                9.1.1.2.3    Forecast Trend (2020-2025)
            9.1.1.3    Scotland
                9.1.1.3.1    Market Share
                9.1.1.3.2    Historical Trend (2015-2019)
                9.1.1.3.3    Forecast Trend (2020-2025)
            9.1.1.4    Canada
                9.1.1.4.1    Market Share
                9.1.1.4.2    Historical Trend (2015-2019)
                9.1.1.4.3    Forecast Trend (2020-2025)
            9.1.1.5    Faroe Islands
                9.1.1.5.1    Market Share
                9.1.1.5.2    Historical Trend (2015-2019)
                9.1.1.5.3    Forecast Trend (2020-2025)
            9.1.1.6    Others
        9.1.2    Wild Captured
            9.1.2.1    United States
                9.1.2.1.1    Market Share
                9.1.2.1.2    Historical Trend (2015-2019)
                9.1.2.1.3    Forecast Trend (2020-2025)
            9.1.2.2    Russia
                9.1.2.2.1    Market Share
                9.1.2.2.2    Historical Trend (2015-2019)
                9.1.2.2.3    Forecast Trend (2020-2025)
            9.1.2.3    Japan
                9.1.2.3.1    Market Share
                9.1.2.3.2    Historical Trend (2015-2019)
                9.1.2.3.3    Forecast Trend (2020-2025)
            9.1.2.4    Canada
                9.1.2.4.1    Market Share
                9.1.2.4.2    Historical Trend (2015-2019)
                9.1.2.4.3    Forecast Trend (2020-2025)
            9.1.2.5    Others
    9.2    Global Salmon Market by Major Consuming Countries
        9.2.1    European Union
            9.2.1.1    Market Share
            9.2.1.2    Historical Trend (2015-2019)
            9.2.1.3    Forecast Trend (2020-2025)
        9.2.2    Russia
            9.2.2.1    Market Share
            9.2.2.2    Historical Trend (2015-2019)
            9.2.2.3    Forecast Trend (2020-2025)
        9.2.3    United States
            9.2.3.1    Market Share
            9.2.3.2    Historical Trend (2015-2019)
            9.2.3.3    Forecast Trend (2020-2025)
        9.2.4    Brazil
            9.2.4.1    Market Share
            9.2.4.2    Historical Trend (2015-2019)
            9.2.4.3    Forecast Trend (2020-2025)
        9.2.5    Japan
            9.2.5.1    Market Share
            9.2.5.2    Historical Trend (2015-2019)
            9.2.5.3    Forecast Trend (2020-2025)
        9.2.6    China
            9.2.6.1    Market Share
            9.2.6.2    Historical Trend (2015-2019)
            9.2.6.3    Forecast Trend (2020-2025)
        9.2.7    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis

    12.1    Major Importing Countries
        12.1.1    By Volume
        12.1.2    By Value
    12.2    Major Exporting Countries
        12.2.1    By Volume
        12.2.2    By Value
13    Price Analysis
    13.1    Historical Price Trends (2015-2019) and Forecast (2020-2025)
14    Salmon Processing
    14.1    Detailed Process Flow
    14.2    Operations Involved
    14.3    Mass Balance
15    Project Details and Cost Analysis
    15.1    Land, Location and Site Development
    15.2    Construction
    15.3    Plant Layout
    15.4    Plant Machinery
    15.5    Raw Material Requirement
    15.6    Packaging
    15.7    Transportation
    15.8    Utilities
    15.9    Manpower
    15.10    Other Capital Investment
16    Loans and Financial Assistance
17    Project Economics

    17.1    Capital Cost of Project
    17.2    Techno-Economic Parameters
    17.3    Product Pricing and Margins
    17.4    Taxation and Depreciation
    17.5    Income Projections
    17.6    Expenditure Projections
    17.7    Financial Analysis
18    Competitive Landscape
    18.1    Market Structure
    18.2    Key Players’ Market Share
    18.3    Company Profiles
        18.3.1    Cermaq Group AS
            18.3.1.1    Company Overview
            18.3.1.2    Product Portfolio
            18.3.1.3    Demographic Reach and Achievements
            18.3.1.4    Financial Summary
            18.3.1.5    Certifications
        18.3.2    Lerøy Seafood Group
            18.3.2.1    Company Overview
            18.3.2.2    Product Portfolio
            18.3.2.3    Demographic Reach and Achievements
            18.3.2.4    Financial Summary
            18.3.2.5    Certifications
        18.3.3    Mowi ASA
            18.3.3.1    Company Overview
            18.3.3.2    Product Portfolio
            18.3.3.3    Demographic Reach and Achievements
            18.3.3.4    Financial Summary
            18.3.3.5    Certifications
        18.3.4    SalMar ASA
            18.3.4.1    Company Overview
            18.3.4.2    Product Portfolio
            18.3.4.3    Demographic Reach and Achievements
            18.3.4.4    Financial Summary
            18.3.4.5    Certifications
        18.3.5    Others
19    Industry Events and Developments

 

List of Figures and Tables

1.    Global Salmon Market: Key Industry Highlights, 2015 and 2025
2.    Global Salmon Historical Market: Breakup by Type (Million Tons), 2015-2019
3.    Global Salmon Market Forecast: Breakup by Type (Million Tons), 2020-2025
4.    Global Salmon Historical Market: Breakup by Species (Million Tons), 2015-2019
5.    Global Salmon Market Forecast: Breakup by Species (Million Tons), 2020-2025
6.    Global Salmon Historical Market: Breakup by End-Product (Million Tons), 2015-2019
7.    Global Salmon Market Forecast: Breakup by End-Product (Million Tons), 2020-2025
8.    Global Salmon Historical Market: Breakup by Distribution Channel (Million Tons), 2015-2019
9.    Global Salmon Market Forecast: Breakup by Distribution Channel (Million Tons), 2020-2025
10.    Global Salmon Historical Market: Breakup by Major Producing Countries (Million Tons), 2015-2019
11.    Global Salmon Market Forecast: Breakup by Major Producing Countries (Million Tons), 2020-2025
12.    Global Salmon Historical Market: Breakup by Major Consuming Countries (Million Tons), 2015-2019
13.    Global Salmon Market Forecast: Breakup by Major Consuming Countries (Million Tons), 2020-2025
14.    Major Importing Countries by Volume (2019)
15.    Major Exporting Countries by Volume (2019)
16.    Major Importing Countries by Value Million USD (2019)
17.    Major Exporting Countries by Value Million USD (2019)
18.    Historical Price Trends and Forecast 2015-2025
19.    Global Salmon Market Structure

Key Questions Answered in the Report

In 2019, the global salmon market reached a volume of nearly 4 million tons.

In the forecast period of 2020-2025, the market is projected to grow at a CAGR of 4%.

By 2025, the market is estimated to attain a value of almost 5 million tons.

The major drivers of the salmon market such as rising disposable incomes, increasing population, increasing health consciousness, increasing prevalence of chronic conditions, and easy availability of canned and frozen variants of the product are expected to aid the market growth.

The launch of value-added items by producers, like canned salmon, frozen, smoked, and suckling salmon, along with salmon oil, lox, and spreads, is a major trend driving the growth of the salmon market.

Norway is the largest producer of the farmed variant of the product, with the United States being the most significant wild salmon catch area. The European Union, meanwhile, is the leading consumer of the product.

The major types of salmon in the market are farmed and wild captured.

The leading species in the salmon market are Atlantic, Pink, Chum/Dog, Coho, and Sockeye, among others.

Frozen, fresh, and canned, among others, are the most significant end product types in the market.

Frozen, fresh, and canned, among others, are the most significant end product types in the market.

The major distribution channels in the salmon market are foodservice and retail, among others.

The leading players in the market are Cermaq Group AS, Lerøy Seafood Group, Mowi ASA, and SalMar ASA, among others.

Analyst Review

The global salmon market attained a volume of 4 million tons in 2019 driven by growing shift towards low-carb diet. Aided by the introduction of varied product types, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 4%. The salmon market is projected to reach 5 million tons by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the salmon market can be segmented into farmed and wild captured. On the basis of the species of salmon, the market can be divided into Atlantic, Pink, Chum/Dog, Coho, Sockeye, and others. Frozen, fresh, and canned, among others, are the major end product types of salmon. Based on distribution channels, the market can be divided into foodservice and retail, among others. While Norway is leading producer of farmed salmon, the United States is most significant wild salmon catch area. The European Union accounts for the largest consumption of the product. The key players in the above market include Cermaq Group AS, Lerøy Seafood Group, Mowi ASA, and SalMar ASA, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3099     $2499
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4099     $3499
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5099     $4499
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

India Shrimp Feed Market Report and Forecast 2020-2025


Europe Fish Market Report and Forecast 2020-2025


Europe Shrimp Market Report and Forecast 2021-2026


Global Tuna Market Report and Forecast 2020-2025


India Fish Market Report and Forecast 2020-2025


NEWSLETTER