Dublin, April 23, 2024 (GLOBE NEWSWIRE) — The “Canned Salmon Market Report by Type (Fillet, Chunk, Minced), Nature (Wild, Farmed), Sales Channel (Hypermarkets and Supermarkets, Specialty Stores, Online Channels, and Others), and Region 2024-2032” report has been added to ResearchAndMarkets.com’s offering.
The global canned salmon market size reached US$ 4.0 Billion in 2023. Looking forward, the market is set to reach US$ 6.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2023-2032. The increasing awareness regarding nutritional properties among the masses, the escalating demand for various sea foods, and the easy product availability on online and offline platforms represent some of the key factors driving the market.
The market is primarily driven by the rising awareness among individuals regarding the nutritional benefits of salmon. Salmon is highly regarded for its nutritional value, being rich in omega-3 fatty acids, high-quality protein, vitamins, and minerals. Canned salmon retains many of these nutritional benefits, making it an attractive choice for health-conscious consumers.
In addition, the overall demand for seafood products, including canned salmon, has been increasing globally. Factors such as population growth, rising disposable incomes, and changing dietary preferences have contributed to the growing demand for seafood as a source of protein. Besides this, canned salmon can be used in a variety of dishes and casseroles. Its versatility and ability to add flavor and nutrition to various recipes make it an attractive ingredient for home cooks and food service establishments.
Moreover, canned salmon is available in various distribution channels, including supermarkets, grocery stores, online platforms, and convenience stores. This wide availability and accessibility contribute to the growth of the market, as consumers can easily purchase canned salmon products. Furthermore, the introduction of flavored and seasoned canned salmon varieties, single-serve packaging options, and convenient ready-to-eat formats is also creating a favorable market outlook across the globe.
North America was the largest market for canned salmon. Some of the factors driving the North America canned salmon market included the escalating demand for seafood, the rising number of health-conscious individuals, and the easy product availability on retail channels.
Key Questions Answered in This Report:
- How has the global canned salmon market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global canned salmon market?
- What is the impact of each driver, restraint, and opportunity on the global canned salmon market?
- What are the key regional markets?
- Which countries represent the most attractive canned salmon market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the canned salmon market?
- What is the breakup of the market based on nature?
- Which is the most attractive nature in the canned salmon market?
- What is the breakup of the market based on the sales channel?
- Which is the most attractive sales channel in the canned salmon market?
- What is the competitive structure of the global canned salmon market?
- Who are the key players/companies in the global canned salmon market?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 149 |
| Forecast Period | 2023 – 2032 |
| Estimated Market Value (US$) in 2023 | US$4 Billion |
| Forecasted Market Value (US$) by 2032 | US$6.3 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
Companies Featured
- Bumble Bee Foods LLC
- Crown Prince Inc.
- Maruha Nichiro Corporation
- Pataya Food Industries Ltd.
- Peter Pan Seafood Company LLC
- Princes Limited (Mitsubishi Corporation)
- Raincoast Trading
- Tassal Group Limited (Cooke Inc.)
- Thai Union Group PCL
- The Canfisco Group
- The South Australian Fishermans Co-Operative Limited
- Trident Seafoods Corporation
- Vital Choice Wild Seafood & Organics
- Wild Planet Foods Inc. (Bolton Group S.R.L.)
Key Market Segmentation:
Type Insights:
Nature Insights:
Sales Channel Insights:
- Hypermarkets and Supermarkets
- Specialty Stores
- Online Channels
- Others
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/tovzss
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