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Global Salmon Market & Volume Forecast Report 2021: Market Value is Expected to Reach $46.8 Billion by 2026, Growing at a CAGR of 7.4%

·3-min read

Dublin, June 04, 2021 (GLOBE NEWSWIRE) -- The "Global Salmon Market & Volume Forecast by Production, Exporting, Importing Countries, Species, Price Analysis, Companies" report has been added to ResearchAndMarkets.com's offering.

Global Salmon Market is expected to reach US$ 46.8 Billion by 2026, from US$ 30.5 Billion in 2020 growing with a healthy CAGR of 7.40% during 2020 to 2026

Salmon is a fish variety belonging to the family of salmonoid. Globally, this fish variety is highly rich in protein and provides some of the essential nutrients associated with a nutritional profile in customers and, therefore, considered functional foods.

Its routine consumption aids in calming inflammation, lowering blood pressure, minimizing the risk of developing cancer, and improving the cells' function that are padding the arteries. Additionally, it is used for grilling, broiling, poaching, pickling and roasting, and preparing a wide variety of dishes.

Salmon continues to consolidate its spot as the top seafood choice amongst global consumers. The global demand for salmon and its species has remained solid across both traditional and emerging markets. The market's growth is boosted by factors such as growing population, increasing fast-casual restaurants, escalating smolt releases, growing tourism industry, and rising healthcare awareness.

A few striking trends like emerging salmon fish harvesting projects, accelerating demand for smoked salmon, increasing per capita consumption of fish, and technological progression are being introduced to overcome the market's challenges.

Key Market Trends:

Globally, Atlantic salmon leads the Salmon Market as the most commonly cultured species of salmon: Atlantic salmon currently represents the most widely consumed salmon species. It is a rich source of proteins, vitamins and omega-3 fatty acids. The production of Atlantic salmon had experienced a steep drop in prices in both Norway and Chile in the first half of 2019.

Subsequently, this declining price trend was sharply reversed, and prices soared to near-record heights, primarily attributing to the ever-strengthening demand in traditional and emerging markets such as China read our report for detailed analysis on Salmon Industry Growth Trends.

COVID-19 Impact on Salmon Production

The COVID-19 pandemic has done partial damage to the global salmon fish market. The production volume has declined a bit in the year 2020, compared to 2019. In Chile, the salmon sector had to encounter various challenges correlated with social unrest in the last quarter of 2019; the COVID-19 outbreak has affected foreign trade.

The Market for Global Salmon Fish is moderately competitive, and major players are actively present globally. The industry's competitive landscape has also been examined, with some of the key players like Sea trade, Atlantic Capes Fisheries, Inc, Atalanta Corporation, Ideal Foods Ltd, Sea Delights.

Species Production - Global Salmon Production have been covered from 5 viewpoints:

1. Atlantic salmon
2. Pink Salmon
3. Sockeye Salmon
4. Coho Salmon
5. Others

Exporting Countries - Global Salmon Fish Market, Volume, Price Analysis and Export by Countries and Product have been covered from 7 viewpoints:

1. Norway
2. Chile
3. Sweden
4. United States of America
5. Denmark
6. Poland
7. Other countries

Importing Countries - Global Salmon Fish Market, Volume, Price Analysis and Import by Countries and Product have been covered from 7 viewpoints:

1. Sweden
2. United States of America
3. China
4. Germany
5. Japan
6. Denmark
7. Other countries

All companies have been covered from 2 viewpoints

  • Overviews

  • Recent Developments

Company Analysis

1. Seatrade
2. Atlantic Capes Fisheries, Inc
3. Atalanta Corporation
4. Ideal Foods Ltd
5. Sea Delights

Key Topics Covered:

1. Introduction

2. Research & Methodology

3. Executive Summary

4. Salmon Value Chain Analysis

5. Market Dynamics

6. Global Salmon Production

7. Share Analysis

8. Species Salmon Production

9. Exporting Countries

10. Importing Countries

11. Company Analysis

For more information about this report visit https://www.researchandmarkets.com/r/tgxobx

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900