Global Salmon Farming Market Size By Type (Atlantic Salmon, Coho Salmon, Steelhead Salmon), By End-Use (Commercial, Recreational), By Geographic Scope And Forecast

Salmon Farming Market Size And Forecast

Salmon Farming Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.

The Global Salmon Farming Market is expected to showcase substantial growth during the forecasted period with a boost in the market demand due to changes in the food consumption behavior of people around the world. Improvement in the retail channels makes it easy for customers to purchase packaged Salmon Farming which boosts the market demand as well. The rise in the popularity of a rich protein diet is expected to increase the demand for the Salmon Farming Market. The Global Salmon Farming Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Salmon Farming Market Definition

Salmon is a common name for several species of ray-finned fish in the family of Salmonidae. Salmon Farming is a term that is used to define the activity of Salmon Farming. This procedure involves interventions in the rearing process to enhance production, such as regular stocking, feeding, and protection from predators.

Salmon Farming is practiced by some farmers in developing countries and by multinational companies which can own the ownership of the harvest being cultivated. Consumption of salmon is a part of cultural traditions and offers various health benefits. It has an impressive nutrition profile and is a good source of protein as well along with fatty acids, vitamins, minerals, and essential micronutrients.

Global Salmon Farming Market Overview

The at-home consumption of salmon has increased which promises to increase the profitability of this market in the coming years. Generic food consumption behavior has witnessed a change all around the world. As a result, various species of fish including salmon have found a place in the diet of most people. This change drives the Salmon Farming Market towards more market demand during the forecasted period.

Retail market improvements and the easy availability of products through various sales channels make it convenient for customers to purchase packaged salmon which drives the sales figures. The rise in the popularity of a protein-rich diet also adds to the market demand of the Salmon Farming Market. People inclining towards adopting veganism and strict laws towards the prevention of animal cruelty act as restraining factors for this market.

Global Salmon Farming MarketSegmentation Analysis

The Global Salmon Farming Market is Segmented on the basis of Type, End-Use, And Geography.

Salmon Farming Market, By Type

• Atlantic Salmon
• Coho Salmon
• Steelhead salmon
• Others

Based on Type, the market is segmented into Atlantic Salmon, Coho Salmon, Steelhead salmon, and Others. Atlantic salmon are species of ray-finned fish within the family Salmonidae. It is the third-largest of the Salmonidae and can grow up to a meter in length. Coho salmon is a deep-bodied North Pacific salmon with small black spots. Steelhead salmon is a trout that behaves like salmon.

Salmon Farming Market, By End-Use

• Commercial
• Recreational
• Others

Based on End-Use, the market is segmented into Commercial, Recreational, and Others. Fertilized salmon eggs are taken into a quarantine facility where they are kept for two weeks to make sure that they are disease-free to check their DNA. After that, they go to a hatchery, where they are kept in oxygenated freshwater that is purified to remove waste. They are fed a herring-based fish meal and once they reach a certain length they are transferred to larger pens. The fish continue to get fed, and after eighteen months the fish are ready to harvest. Recreational and tourist fishing for Atlantic salmon takes place in rivers for fishing enthusiasts.

Salmon Farming Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, the Global Salmon Farming Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Salmon Farming Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Reservoir, Longyangxia, Honey Smoked Fish Company, JCS Fish, Leroy Seafood Group ASA, Mowi ASA, Huon Aquaculture, Petuna Seafoods, Tassal, and Salmon Evolution. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.