According to the latest market study on “Canned Salmon Market Forecast to 2027 – COVID-19 Impact and Global Analysis –by Product Type (Sockeye Salmon, Chum salmon, Pink Salmon, and Coho Salmon) and Distribution Channel (Direct Selling, Mass Retailers, Internet Retailing, and Others),” the market was valued at US$ 3,039.67million in 2019 and is projected to reach US$ 4,136.52million by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027. The report high lights key driving factors and prominent market players along with their developments in the market.
Canned fish are an important food source. They are rich in protein and other essential nutrients, such as omega-3 fatty acids. Canned salmon is processed and sealed in an airtight container and subjected to heat. Canning of food product is a method of preserving food in which any food contents are processed under the controlled atmosphere & conditions and further sealed in an airtight container. Canning helps in increasing the shelf life of products from one to five years’ time period. Salmon fish has been widely popular, and the demand for this fish is increasing since it has a specific taste along with various health benefits that lures the masses.
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Salmon consumption helps prevent heart disease; lower cholesterol and blood pressure; boost brain function; and reduce the risk of cancer, stroke, depression, Alzheimer’s disease, arthritis, Crohn’s disease, and asthma. Rising shift toward healthy eating habits, which consist of a variety of protein foods, including more seafood, is driving the growth of the canned salmon market. As per the Seafood Nutrition Partnership, the dietary guidelines recommend eating around 8 ounces of seafood to get at least 250 mg per day of omega-3 fatty acids. Also, pregnant women are advised to eat at least 8 ounces of seafood every week for improved infant health. The salmon consumption is increasing at an unprecedented rate worldwide. For instance, as per the World Wildlife Fund, salmon consumption worldwide is three times higher than it was in 1980. Furthermore, salmon aquaculture has become the fastest-growing food production system—accounting for 70% (2.5 million metric tons) of the market, and generating billions of dollars in revenue in local economies globally. Surge in demand for seafood in emerging countries and rise in healthy and nutritious food have increased the salmon consumption globally.
Our Sample Report includes a brief introduction of the research report, TOC, list of tables and figures, competitive landscape rundown and geographic segmentation overview, innovation and future developments based on research methodology.
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The research literature includes data from primary and secondary sources. A detailed company profile of each player is provided including organic and inorganic growth strategies, partnerships, collaborations, product launches, product approvals, expansions and other key developments. These activities have paved way for the expansion of businesses and enlarged the customer base of leading market players. Our full report provides exclusive access to crucial data about leading companies such as their growth rate, market share, valuation, SWOT analysis and strategies used to maximise profits or deal with issues.
Some of the key players profiled in the report are:
• Austevoll Seafood ASA
• Bumble Bee Seafood
• Golden Prize Canning Co., Ltd.
• FREEDOM FOODS GROUP LIMITED
• Pure Alaska Salmon Co LLC
• Princes Foods
• Raincoast Trading
• Wild Planet Foods
• Peter Pan Seafoods
• Alaska Seafood Company
Global Canned Salmon Market – by Product Type
• Sockeye Salmon
• Chum salmon
• Pink Salmon
• Coho Salmon
Global Canned Salmon Market – by Distribution Channel
• Direct Selling
• Mass Retailers
• Internet Retailing
• Others
The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Canned Salmon Market in these regions.
REGIONAL FRAMEWORK
The report provides a detailed rundown of the industry after examining both qualitative and quantitative aspects. It also entails market size and forecast estimates from the year 2018 to 2027 with respect to five major regions. The Canned Salmon Market for each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Promising Regions & Countries Mentioned in Global Canned Salmon Market Report:
• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East & Africa
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Key Features of Canned Salmon Market Report:
• Identify the growth, size, leading players and segments in the global Canned Salmon Market.
• Highlight key business priorities and help companies in adopting business strategies accordingly.
• The key findings and recommendations highlight crucial progressive industry trends in the global Canned Salmon Market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by gaining actionable insights about organic and inorganic growth strategies adopted by other players.
• Analyse global market trends and outlook thoroughly along with the factors driving and hindering the market.
The report also covers a detailed chapter of the analysis on COVID-19 impact on this market at global and regional level in our final reports.
This research provides detailed information regarding the major factors influencing the growth of the Canned Salmon Market in Global and Regional Level (drivers, restraints, opportunities, and challenges), forecast of the market size, in terms of value, market share by region and segment; regional market positions; segment and country opportunities for growth; New product developments, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats from current competition and prospects; Key company profiles, SWOT, product portfolio and growth strategies.
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