According to the research report titled ‘Global Salmon Market (2022 Edition) - Analysis By Species (Atlantic, Pink, Chum, Sockeye, Coho, Others), End Product, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2022-2027)’, available with MarketStudyReport, the global salmon market valuation had reached USD 27836.45 million in 2021 is slated to expand significantly during 2022-2027.

Changing consumer preferences for healthy lifestyle, growing demand for protein rich & ready-to-eat foods, increasing disposable income, widespread adoption of sedentary lifestyle, and the rising prevalence of chronic conditions are some of the factors driving the growth of the global salmon market.

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Based on the species type, the Atlantic segment captured a substantial market share in 2021 and is expected to observe substantial growth over the review period owing to its vast availability in the major regions including the Americas and Europe. Atlantic salmon are a type of anadromous fish, which begin their journey in freshwater and later migrate to the ocean to feed and grow only to return to freshwater to reproduce.

As per end product type, the market is segmented into canned, fresh, frozen, and others. Citing the distribution channel, the industry is bifurcated into online retail and offline retail segments.

Geographically, Asia Pacific is estimated to capture the largest share in the global salmon market and is to witness swift growth in the forthcoming years, on account of changing consumer lifestyle that in as well as food consumption patterns.

Meanwhile, North America market is estimated to grow exponentially in the ensuing years owing to the growing working population, increasing the sales of ready-to-eat (RTE) and easy-to-cook food items as well as the easy availability of frozen & canned salmon.

The prominent companies influencing the competitive sphere of the global salmon market are High Liner Foods Inc., P/F Bakkafrost, Mowi ASA, Thai Union Group, Novi Sea AS, Austevoll Seafood ASA, Grieg Seafood ASA, SalMar ASA, Nippon Suisan Kaisha Ltd., and Camanchaca Inc.