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Canned Salmon Market Trends

Report ID: GMI10303
Published Date: Jul 2024
Report Format: PDF

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Canned Salmon Market Trends

The canned salmon industry is evolving with several key trends. There is a growing preference for sustainably sourced products, driven by increasing environmental awareness and certifications like MSC. Health-conscious consumers are favoring canned salmon for its high omega-3 fatty acids, protein content, and convenience. Innovations in packaging and product varieties, such as organic and flavored options, are expanding consumer choices.

E-commerce is playing a pivotal role in market growth, offering convenient access to a broader audience. Despite competition from fresh and frozen alternatives, canned salmon continues to appeal due to its longer shelf life and ease of preparation, driving market resilience and adaptation.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of canned salmon reached USD 4.6 billion in 2023 and will witness 7% CAGR from 2024 to 2032, led by health consciousness, convenience, and sustainability.

The skinless and boneless segment in the canned salmon industry will reach USD 4.1 billion and grow at 6.7% CAGR from 2024 – 2032, due to the consumer demand for convenient and easy-to-use products.

North America markety will record 6.9% CAGR between 2024 and 2032, driven by consumer preferences for convenient, shelf-stable seafood options with health benefits.

Bumble Bee Seafoods L.L.C, Thai Union Group Public Company Limited, Princes Group Limited, Maruha Nichiro Corporation, Sajo Industries, Tassal Group Limited, Mogster Group, Beijing Princess Seafood International Trading, Marine Harvest, and Dong Won Fisheries.