Canned Salmon Market to Reach $5.43Bn, Globally, by 2030 at 5.1% CAGR: Allied Market Research

Increase in land-based salmon farming, health benefits of canned salmon, and convenience of canned food to drive the growth of the global canned salmon market. However, dwindling wild salmon populations and environmental repercussions due to metal can manufacturing impede the market growth to some extent. Moreover, increase in the online presence of canned foods innovations in technology drive the market to pave the way for multiple opportunities in the industry. Increase in land-based salmon...

PORTLAND, Ore., 09/02/2022 (informazione.news - comunicati stampa - editoria e media)

Based on nature, the farmed segment contributed more than two-thirds of the global canned salmon market share in 2020 and is anticipated to rule the market by 2030. This is due to salmon aquaculture which is the world's fastest expanding food production system. Moreover, this segment is anticipated to register the fastest CAGR of 5.4% throughout the forecast period. The report also includes an analysis of the wild segment.

Based on type, the fillet segment accounted for nearly half of the global canned salmon market revenue in 2020, and is expected to lead the trail by 2030, owing to the fact that salmon fillets are considered to be the delicacy in different cuisines. The chunk segment, however, would register the fastest CAGR of 5.4% during the forecast period. The report also includes an analysis of the minced segment.

By region, Europe garnered the major share in 2020, contributing to nearly half of the global canned salmon market, owing to the higher availability of salmon products and canned salmon in the European countries and the demand for seafood is also higher in this region. However, Asia-Pacific is projected to grow at the highest CAGR of 7.9% from 2021 to 2030, owing to the growing adoption of meat-based diet because of factors such as changes in lifestyle and marketing of meat products in the region. North America is anticipated to grow at a CAGR of 4.1%.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon . Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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