Salmon Fish Market Growth & Trends


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, according to a new report by Grand View Research, Inc. 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.

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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.

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Salmon Fish Market Segmentation

Grand View Research has segmented the global salmon fish market based on species, form, and region:

Salmon Fish Species Outlook (Revenue, USD Million, 2017 - 2030)

  • Atlantic/Aquaculture Salmon
  • Pacific Salmon

o    Coho

o    Chinook/King

o    Pink

o    Red

o    Chum

Salmon Fish Form Outlook (Revenue, USD Million, 2017 - 2030)

  • Fresh
  • Frozen
  • Others

List of Key Players in the Salmon Fish Market

  • Lerøy
  • SalMar ASA
  • Cermaq
  • Mowi
  • Bakkafrost
  • Nordlaks Produkter AS
  • Atlantic Sapphire
  • Ideal Foods Ltd
  • BluGlacier

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About Us:

  Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.


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