Alaskan Salmon Market
Alaskan Salmon Market Trend Analysis, By Species (King (Chinook) Alaskan Salmon, Sockeye (red) Alaskan salmon, Coho (silver) Alaskan salmon, Chum (Keta) Alaskan salmon), By Nature (Wild, farmed), By Sales Channel (Grocery store, Online channels) - 2021 to 2028
Analysis of Alaskan Salmon Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Introduction
Fish consumption has grown significantly in the past some decades, with shifting trends of healthy eating and ethical consumerism fueling the growth in the seafood sector. Furthermore, the growing traction for ready to eat food is pushing the sales of frozen Alaskan salmon, which provide rich in nutrition and high-quality food with enhanced color, flavor, and taste. The frozen Alaskan salmon market will proliferate in the forthcoming years on the back for the increased demand for instant food in the rapidly changing hectic lifestyles.
Salmon are a type of fish that belong to the Salmonidae family. The consumption of Alaskan salmon is accelerating at a fast pace, as a single serving of this fish contains minimal salmon calories and high protein, omega-3 fatty acids, and vital vitamins and minerals. Several studies have shown that eating Alaskan salmon may offer numerous benefits, such as enhanced brain health, better vision, and strong bones. Growing awareness about the benefits of eating these fish is providing impetus to the growth in the Alaskan salmon market.
Growing concerns pertaining to the toxicity and contamination of farmed salmon, in addition to low amounts of certain nutrients make it paramount for the consumers to pick from a safe source. Consequently, the adoption of wild-caught Alaskan salmon, which is the least contaminated species, is growing over farmed ones. Wild-caught variants are anticipated to witness marked growth in the Alaskan salmon market. With minimal to no toxins, wild-caught Alaskan salmon and other healthy wild salmon varieties are gaining traction among consumers who are seeking fish-based on a safe source. These factors are underpinning gains in the Alaskan salmon market.
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Global Alaskan Salmon Market Overview
Commercial fishing is one of the major industries contributing to the economy of Alaska. Natives of Alaska have been harvesting salmons and various other fishes for centuries. Salmon are ray-finned fish in the family of salmonidae. The term salmon comes from Latin word salmo, emerged from salire, meaning "to leap". Alaskan salmon are highly preferred around the world owing to its better taste and high nutritional values. Alaskan salmon is exported to more than 120 countries worldwide. A positive outlook can be witnessed for Alaskan salmon market in the upcoming years.
Global Alaskan Salmon Market Dynamics
Fast-paced consumer lifestyle is generating needs for more convenience at cooking, which is prompting the rise in demand for frozen Alaskan salmons across the globe. Meanwhile, consumers are also becoming more critical about their health and food consumption habits. To address the consumer needs for healthy and convenient cooking methods, manufacturers are introducing frozen Alaskan salmon.
Frozen ready meals promise the enhanced quality of the food, more nutrition, and better flavor, color and taste. Alaskan salmon are rich in omega-3s. According to the test conducted by USDA Nutrient Data Laboratory, wild sockeye salmon flesh contains more than 1.2 grams of EPA and DHA per 98 gm of serving exceeding the recommended value of 650 to 1000 mg of daily intake by 20%.
Significant amount of EPA, DHA (and many other essential fatty acids) is present in each serving of Alaskan salmon and hence, attracting consumers around the world for its high nutritional values. Packaging plays a vital role in the Alaskan salmon fish industry, as it adds value to the product quality and its appearance. Implementing appropriate packaging solutions for Alaskan salmon fish can help in improving the shelf life of the Alaskan salmon fish, which further accelerates demand for Alaskan salmon fish.
Robust growth for Alaskan salmon can be witnessed in the upcoming years but some factors might hamper the overall growth of the Alaskan salmon market. Alaskan salmon fish is exposed to the sun for extended period of time or in transport under unsuitable refrigeration, which increases the possibility of developing toxins.
Concentrating on the nutritive values of a spoiled Alaskan salmon fish is certainly of no use. Dangerous pollutants lurking inside the fish muscle tissue proves as a threat to humans. Intake of these pollutants is likely to affect with the ability of human body to get away from harmful toxins. Consumption of contaminated fish reduces the effectiveness of the critical defense system in the human body. Also harsh environment, high winds, freezing water, seasonal darkness and high fatality rate are major challenges for fisherman which might, in turn, impede the overall growth of Alaskan salmon market.
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Global Alaskan Salmon Regional Outlook and Competition Tracking
High demand for Alaskan salmon can be witnessed in the countries like U.S., Japan, Canada, Russia, and China. The U.S. market mainly preferred processed Alaskan salmon. U.S. export fresh salmon to China where it is processed and sent back to the U.S. Europe to hold significant share in the Alaskan salmon market.
Developing countries of Asia Pacific to register high growth in the global salmon market during the forecast period. Leading processors and manufacturers of Alaskan salmon market are Pure Alaska Salmon Co LLC, Wild Alaska Salmon & Seafood Company., Alaskan Salmon Company, The Wild Salmon Co, Wild Alaskan, Inc. and other global and local players.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Competitive landscape highlights only certain players
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Global Alaskan Salmon Market Segmentation
Global Alaskan salmon can be segmented on the basis of species, nature and sales channels.
On the basis of species Alaskan salmon can be further segmented as
- King (Chinook) Alaskan Salmon
- Sockeye (red) Alaskan salmon
- Coho (silver) Alaskan salmon
- Chum (Keta) Alaskan salmon
- Pink (humpy) Alaskan salmon.
Pink (humpy) Alaskan salmon leads in terms of market share followed by sockeye and keta Alaskan fish.
On the basis of nature Alaskan salmon can be further segmented as
- Wild
- farmed.
Wild Alaskan salmon is mostly preferred due to less fat content compared to farmed fish. Also farmed fished are often exposed to many toxins, chemicals, and antibiotics affecting its overall demand.
On the basis of sales channel, Alaskan salmon market can be further segmented as
- grocery store
- hypermarkets & supermarkets
- online channels.
Grocery store leads in terms of market share for global Alaskan salmon market whereas online channels is forecasted to register highest growth.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Species 6.2. Nature 6.3. Sales Channel 7. Global Market Analysis and Forecast, By Species 7.1. King (Chinook) Alaskan Salmon 7.2. Sockeye (Red) Alaskan Salmon 7.3. Coho (Silver) Alaskan Salmon 7.4. Chum (Keta) Alaskan Salmon 7.5. Pink (Humpy) Alaskan Salmon 8. Global Market Analysis and Forecast, By Nature 8.1. Wild 8.2. Farmed 9. Global Market Analysis and Forecast, By Sales Channel 9.1. Grocery Store 9.2. Hypermarkets & Supermarkets 9.3. Online Channels 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. Eastern Europe 10.5. Asia Pacific 10.6. East Asia 10.7. MEA 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. MEA Sales Analysis and Forecast, by Key Segments and Countries 18. Sales Forecast by Species, Nature, and Sales Channel for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Trident Seafoods Corporation 20.2. Alaska Seafood Marketing Institute (ASMI) 20.3. Ocean Beauty Seafoods 20.4. Maruha Nichiro Corporation 20.5. Peter Pan Seafoods Inc. 20.6. Silver Bay Seafoods 20.7. Copper River Seafoods 20.8. Northwest Seafood 20.9. Kodiak Fisheries 20.10. Icicle Seafoods
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Species
Table 3: Global Market US$ Mn Forecast by Nature
Table 4: Global Market US$ Mn Forecast by Sales Channel
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Species
Table 7: North America Market US$ Mn Forecast by Nature
Table 8: North America Market US$ Mn Forecast by Sales Channel
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Species
Table 11: Latin America Market US$ Mn Forecast by Nature
Table 12: Latin America Market US$ Mn Forecast by Sales Channel
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Species
Table 15: Western Europe Market US$ Mn Forecast by Nature
Table 16: Western Europe Market US$ Mn Forecast by Sales Channel
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Species
Table 19: Eastern Europe Market US$ Mn Forecast by Nature
Table 20: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Species
Table 23: Asia Pacific Market US$ Mn Forecast by Nature
Table 24: Asia Pacific Market US$ Mn Forecast by Sales Channel
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Species
Table 27: East Asia Market US$ Mn Forecast by Nature
Table 28: East Asia Market US$ Mn Forecast by Sales Channel
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Species
Table 31: MEA Market US$ Mn Forecast by Nature
Table 32: MEA Market US$ Mn Forecast by Sales Channel
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Species
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Nature
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Why is demand for Alaskan salmon growing steadily?
Rising consumption of seafood by the global population is driving the sales of Alaskan salmon.
Which are the leading markets for Alaskan salmon?
China, Canada, Russia, Japan, and the U.S. hold prominent shares in the global market.
What are the types of the Alaskan salmon market?
Based on nature, the Alaskan salmon market is classified into farmed and wild.
Alaskan Salmon Market