The "Salmon Fish Market Global Forecast Report by Form, Species, Distribution Channel, Countries and Company Analysis 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The Global Salmon Fish Market will reach US$ 36.31 billion by 2033, up from US$ 18.09 billion in 2024, with a CAGR of 8.05% between 2025 and 2033
Among the key factors driving the market are the growing demand for value-added salmon products, favorable government regulations, rising consumer disposable incomes in emerging nations, and expanding fish consumption globally.
Due to their significant production, Europe, especially Norway and Scotland, dominates the world market for salmon seafood. Demand is also high in North America, which is headed by the United States and Canada. Growing seafood consumption and increased health consciousness are driving the Asia-Pacific region's rapid growth.
The demand for sustainable salmon has also been significantly fueled by governments, seafood producers, and other regulatory agencies. While some nations are encouraging the production and sale of certified sustainable seafood, others are enacting policies like investments and legislation to encourage sustainable fishing methods. To establish Sweden's first inland salmon fish farm at Saffle, Varmland, for example, the European Investment Bank (EIB) approved a USD 50 million debt investment in the firm RE: OCEAN in January 2023. The new facility would help deliver sustainable and fresh salmon straight to Swedish shops and eateries. The wholesale businesses Axfood, ICA, and Coop from Sweden are also supporting the project.
Driving Forces of Salmon Fish Market
Technological Developments in Aquaculture
The ongoing developments in aquaculture technologies are having a major positive impact on the global salmon sector. Aquaculture technology advancements are making it possible for more sustainable and effective farming methods, which will increase supply. For example, improvements like improved fish feed and recirculating aquaculture systems (RAS) are producing fish with larger yields and higher quality.
Aquaculture-related environmental issues like water pollution and antibiotic abuse are being addressed by these technical advancements. As a result, the sector is growing more environmentally friendly, which boosts production capacity and attracts eco-aware customers, further propelling market expansion.
International Growth of Restaurants and Seafood Retail Chains
Another important factor driving the market's expansion is the growing number of restaurants and retail chains that specialize in seafood. These restaurants frequently serve a variety of salmon-based dishes to suit different palates and culinary customs. The consumer base for salmon is increased as a result of these chains' adoption of regionalized menus to cater to local tastes.
More consumer exposure to salmon is also being made possible by their growth into new markets, particularly in emerging economies. To further improve customer convenience and broaden their customer base, several of these chains also provide delivery and takeout options. Customers' consumption of salmon-based meals has increased due to the growing popularity of online ordering and food delivery apps.
The demand for this nutrient-dense fish rises globally as a result of the increasing visibility, which also increases availability and awareness.
Increased Knowledge of Salmon's Health Benefits
Growing consumer knowledge of the health advantages of eating salmon is one of the key factors propelling the market for the fish. Salmon, which is high in protein, Omega-3 fatty acids, and other vital nutrients, has been shown to improve cardiovascular health, cognitive function, and general well-being. People are becoming more conscious of this and choosing healthier foods as a result of public health initiatives and medical professionals' endorsements. Consequently, as people place a higher priority on nutritional content in their diets, the demand for salmon has increased. Because they are more likely to be concerned about heart health, middle-aged and older populations are especially affected by the health-conscious trend.
Company Analysis
- Sea trade
- Atlantic Capes Fisheries, Inc
- Atalanta Corporation
- Ideal Foods Ltd
- Sea Delights
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 110 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value (USD) in 2024 | $18.09 Billion |
| Forecasted Market Value (USD) by 2033 | $36.31 Billion |
| Compound Annual Growth Rate | 8.0% |
| Regions Covered | Global
|
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challengers
5. Global Salmon Fish Market
6. Market Share Analysis
6.1 By Form
6.2 By Species
6.3 By Distribution Channel
6.4 By Countries
7. Form
7.1 Fresh
7.2 Frozen
7.3 Smoked
7.4 Canned
7.5 Others
8. Species
8.1 Chinook Salmon
8.2 Coho Salmon
8.3 Pink Salmon
8.4 Red Salmon
8.5 Silverbrite Salmon
8.6 Salmon Salar
9. Distribution Channel
9.1 Retail
9.2 HoReCa & Wholesale
9.3 Processed Food Industry
9.4 Other Institutional Customers
10. Countries
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
11. Porter's Five Forces Analysis
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Company Analysis
For more information about this report visit https://www.researchandmarkets.com/r/682dom
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250404649317/en/
Contacts
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