Salmon - Global research and market analysis by foodresearchlab
                     GLOBAL RESEARCH 
 AND MARKET
ANALYSIS ON 
SALMON
TODAY'S  D ISCUSS ION
Introduction
Market Trends
Factors affecting the 
growth  Challenge for 
Salmon market
INTRODUCTION
Salmon has been one of the most consumed fishes since historic times. The pale 
pink flesh  is their trademark feature. The aquatic beings are found extensively 
along the Atlantic and  Pacific oceans. Based on availability, they can be wild or 
farmed. Salmon is a powerhouse of  nutrients. The wild variety has a higher 
proportion of nutrients than the farmed one. They  are rich in omega-3 fatty acids 
that benefit heart and brain health and reduce inflammation.
Vitamin B-12 is also abundant, which is necessary for the production red blood 
cells and  nervous system regulation. Vitamin A helps in good vision and healthy 
skin, while vitamin D  is crucial for bone health. Minerals like selenium help 
regulate thyroid function and the  presence of potassium assists in lowering 
blood pressure.
Fig: Salmon is a powerhouse of 
nutrients
159%# of
Vitam in Vitam in your  daily 
B12
Vitam in D OinMtEaGkeA-3 
B1 per 100g 42% of 
ydoauilry 
PinRtOaTkEeIN 
per 100
g
Mineral  Mineral  Mineral Mineral 
Phosphor Magnesiu   
us m Potassiu Seleniu
m m
MARKET TRENDS
The   global   salmon   market   was   priced   at   U S   
$ 14 . 87  bil l ion in 2021 and is anticipated to r ise 
at a Compound  A nnual   G rowth   Rate   ( C A G R)   
of   8 . 5 %   f rom   2022   to  2030 . Some factors 
could lead to this r ise.
FACTORS AFFECTING THE GROWTH
1 . Versatility -  Salmon fi sh is  highly versatile and have a less fi shy taste 
than  other variants, such as mackerel. I t can be steamed, grilled or 
sauteed. I t is also  consumed raw in sushi and sashmi, rendering i t a 
popular choice  for  consumption.
2 . Increasing awareness of the people - V ersat i l i ty ,along w ith an
increasing  awarenheesasltofbtheenef its of Salmon, to the growth of
h  market . People' s led  choicheasv shif te Salmocna  rfbroomhydrate- r ich
pdireottaeriyn- r ich food. e d
3 . Increase  in  availability  of  Salmon -  The  expansioton  o f  the  food  indu
str y    and  increased availabil ity of product forms l ike freeze- dried and 
ready- to- eat have  skyrocketed the growth of the salmon market.
4.Demand for omega-3 capsules- During  COVID-19 
times,  there was an increasing demand for omega-3 su
pplements since  there was an increased burden of 
depression reported among  younger individuals, and this 
fatty acid is known to manage  symptoms of depression. 
This caused a noticeable increase in  the demand and 
consumption of Salmon, for salmon oil capsules  are 
among the most common omega-3 oil sources.
5. Other factors causing a rise in Salmon market-
- Increased purchasing power of consumers
- Interest in consuming other cuisine, especially Asian 
cuisine.
- Emigration of Asians to the US.
-Increase in fish farming has led to an increase in the 
supply of  Salmon fish.
CHALLENGE FOR SALMON MARKET
A signif icantchal lenge the salmon market is the r ise in numbers
in  popularityof Paenodple choose to be vegan due to
veengvairnoinsm.ent and  ethicalh ereaaltsho,ns.  In  the  UK alone,  the  numbers  
rose  from  0 . 28 million in 2022 to 0 . 6 million in 2020 . [ 6 ] 
However, Salmon still  continues to be extensively farmed and 
consumed due to the high demand for   i ts nutritional profi le
CONCLUSION
Salmon is a versatile fish renowned for its flavour and 
nutritional  value. Many factors cause an increase in the 
salmon market, like  an increase in the knowledge of its 
nutritional value. Innovations  in the development of food
 products can help bolster the salmon  market.
Pepgra's Food Research Lab has expertise in developing 
new  minimally processed yet delectable recipes, giving 
importance to  taste and nutrition. In addition, we can 
assist in the formulation  of Salmon based food products 
like sauces that find their use in a  plethora of food items. 
In the case of frozen Salmon, we assist in  developing 
packaging that extends the shelf-life duration to yield  its 
maximum benefits.
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