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Salmon Fish Market Share

Report ID: GMI7163
Published Date: Oct 2023
Report Format: PDF

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Salmon Fish Market Share

Major key players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Some of the major market players operating in the salmon fish industry are:

Lerøy
Salmar ASA
Cermaq
Mowi ASA
Bakkafrost
SEA DELIGHT GROUP
Nordlaks Produkter AS
Atlantic Sapphire
Ideal Foods Ltd
BluGlacier
Cooke Aquaculture
Australis Seafoods
Greig Seafood
Salmones Camanchac
SalMar ASA

Mowi & SalMar are the prominent players in the salmon fish industry. Mowi is the world's largest producer of farmed salmon, with operations in Norway, Chile, Canada, and the Faroe Islands. The company produces over 450,000 metric tons of salmon annually and sells its products to over 50 countries. Both Mowi and SalMar are committed to sustainable salmon farming practices. They have invested heavily in new technologies and processes to reduce their environmental impact and improve the welfare of their fish. In addition to their core salmon farming businesses, Mowi and SalMar also have a number of other related operations, such as feed production, processing, and distribution.

Authors: Kiran Pulidindi, Manish Mohanan

Frequently Asked Questions (FAQ) :

The market size of salmon fish was worth USD 17.3 billion in 2023 and is estimated to reach USD 35.5 billion by 2032, driven by the strong presence of high content of omega-3 fatty acids and essential nutrients.

The supermarkets and hypermarkets distribution channel segment will hold significant share of the salmon fish market by 2032, owing to wide availability of fresh, frozen, and processed salmon for catering to diverse consumer preferences and culinary needs.

Salmon fish market in North America was exceeded USD 5.57 billion in 2022 and is anticipated to expand at significant pace from 2023 to 2032, due to the increasing consumer awareness of the health benefits.

Some of the prominent salmon fish companies are Salmar ASA, Cermaq, Mowi ASA, Bakkafrost, SEA DELIGHT GROUP, Nordlaks Produkter AS, Atlantic Sapphire, and Ideal Foods Ltd.