According to the latest study titled ‘Global Salmon Market Size study, by Type (farmed, wild captured), by Species (Atlantic, Pink, Chum/Dog, Coho, Sockeye, Others) by end-product type (Frozen, Fresh, Canned, Others) by distribution channel (Foodservice, Retail) and Regional Forecasts 2021-2027,’ available with Market Study Report, global salmon market is expected to register significant growth during 2021-2027.
 

Widespread use of salmons for broiling, pickling, grilling, poaching, and in preparation of various dishes, along with growing awareness of the health benefits offered by the product are driving the expansion of global salmon market.
 

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Additionally, advancement in breeding & feeding technologies as well as system design, coupled with increase in salmon consumption owing to population burst are also fueling the progress of the industry.
 

For the uninitiated, salmon is a type of ray-finned fish from the Salmonidae family and is regarded as one of the most popular seafood species. They are found predominantly in Atlantic and Pacific oceans and are rich in calcium, protein, Vitamin B3 & D, cholesterol, omega-3 fatty acids, and iodine. They also contain low saturated fats.
 

As per reliable sources, renowned salmon and trout farming company, Cermaq Group AS has recently started its own brand called True Arctic Salmon which is envisioned to expand customer reach while focusing precisely on the market dynamics.
 

On the downside, costly & time-consuming breeding methods, along with inability to cope up with seasonal demands are slowing down the worldwide salmon industry development.
 

The geographical terrain of the market sphere is defined by the regions including North America, Europe, Latin America, and Asia Pacific. As per the report, Asia Pacific market is expected to record substantial gains over the analysis timeframe, owing to high consumption of salmons in countries like Indonesia, Japan, Myanmar, and China, along with population surge in the region.
 

Similarly, the market in North America is anticipated to witness significant progress through 2027, pertaining to increasing awareness of healthy lifestyle, and leading companies introducing recipes having salmon with different dishes to promote low fat food.
 

Major players in global salmon market are Mowi ASA, Cermaq Group AS, SalMar ASA, JCS Fish Ltd., Highland Smoked Salmon (Scotland) Limited, Creative Salmon Co. Ltd., Leroy Seafood Group ASA, Kinvara Smoked Salmon Ltd., Glenarm Organic Salmon Ltd., and Cooke Aquaculture Scotland Ltd.