$36.2 Billion Salmon Markets: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast, 2015-2020 & 2021-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Salmon Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global salmon market exhibited moderate growth during 2015-2020. Looking forward, the global salmon market to reach a value of US$ 36.2 Billion by 2026.
Owing to various factors, including sedentary lifestyle habits, inflating income levels, rising prevalence of chronic conditions and the growing awareness about health and wellness, there is a shift in the consumption patterns of individuals.
They are focusing on eliminating or reducing carbohydrate-laden food products from their daily diet and increasing the consumption of protein-rich food items. As a result, they are increasingly employing salmon in the preparation of pasta, salads, burgers, tartar sauce and other dishes usually consumed as a part of their daily diet.
Apart from this, manufacturers are introducing numerous value-added products, such as canned salmon, frozen salmon, smoked salmon, salmon jerky, salmon oil, salmon lox and salmon spreads.
Furthermore, the increasing working population, in confluence with the busy schedules of individuals, is increasing the sales of ready-to-eat (RTE) and easy-to-cook food products. In line with this, convenient packaging and easy availability of frozen and canned salmon is anticipated to propel the market growth in the coming years.
Key Questions Answered in This Report:
- How has the global salmon market performed so far, and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global salmon market?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the species?
- What is the breakup of the market based on the end-product type?
- What is the breakup of the market based on the distribution channels?
- What are the key regional markets in the industry based on the production?
- What are the key regional segments in industry based on the consumption?
- What are the price trends of salmon?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the industry and who are the key players?
- What is the degree of competition in the industry?
- What are the profit margins in the industry?
- What are the key requirements for setting up a manufacturing plant?
- How is salmon processed?
- What are the various unit operations involved in a salmon processing plant?
- What is the total size of land required for setting up a salmon processing plant?
- What are the machinery requirements for setting up a salmon processing plant?
- What are the raw material requirements for setting up a salmon processing plant?
- What are the packaging requirements for salmon?
- What are the transportation requirements for salmon?
- What are the utility requirements for setting up a salmon processing plant?
- What are the manpower requirements for setting up a salmon processing plant?
- What are the infrastructure costs for setting up a salmon processing plant?
- What are the capital costs for setting up a salmon processing plant?
- What are the operating costs for setting up a salmon processing plant?
- What will be the income and expenditures for a salmon processing plant?
- What is the time required to break-even?
Break up by Type:
- Farmed
- Wild Captured
Farmed salmon exhibits a clear dominance in the market.
Break up by Species:
- Atlantic
- Pink
- Chum/Dog
- Coho
- Sockeye
- Others
- Atlantic currently represents the most widely consumed salmon species as it is a rich source of proteins, vitamins and omega-3 fatty acids.
Break up by End Product Type:
- Frozen
- Fresh
- Canned
- Others
The process of freezing salmon aids in increasing its shelf-life, halting the bacterial growth and preserving the nutritional value. Consequently, there is a high demand for frozen salmon across the globe.
Break up by Distribution Channel:
- Foodservice
- Retail
- Salmon is widely distributed through the foodservice sector, which primarily includes restaurants, hotels and fast-food chains.
Regional Insights (Based on Production):
Farmed:
- Norway
- Chile
- Scotland
- Canada
- Faroe Islands
- Others
Wild Captured:
- United States
- Russia
- Japan
- Canada
- Others
Break up by Region (Based on Consumption):
- European Union
- Russia
- United States
- Brazil
- Japan
- China
- Others
Competitive Landscape:
- Cremaq Group ASA
- Leroy Seafood Group ASA
- Mowi ASA
- SalMar ASA
For more information about this report visit https://www.researchandmarkets.com/r/11tuk
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