Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "North America Salmon Fish Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to ResearchAndMarkets.com's offering.
The North America Salmon Fish Market is expected to reach US$ 12.33 billion by 2033 from US$ 6.22 billion in 2024, with a CAGR of 7.90% from 2025 to 2033. Among the main drivers propelling the market expansion are the growing need for readily consumable food items, the escalating environmental concerns and the growing interest in sustainable and ethical seafood procurement, as well as the effective supply chain and logistical infrastructure.
North America's market is being driven by the growing aquaculture sector. Additionally, the industry is being supported by the growing need for readily consumable food items, which has resulted in a wide variety of salmon-based products such as frozen salmon, canned salmon, smoked salmon, jerky, oil, lox, and spreads. Additionally, salmon improves the absorption and use of vital minerals like calcium and phosphorus and helps to maintain the health of bones and teeth.
Aside from this, certified sustainable salmon fisheries and aquaculture operations are receiving more attention as a result of growing environmental concerns and interest in ethical and sustainable seafood sourcing. More sustainable salmon production practices are being pushed by consumers and businesses who are actively looking for eco-friendly solutions. Additionally, the salmon market depends heavily on an effective supply chain and logistics infrastructure. In order to maintain the sustainability of fish populations and safeguard the environment, governments around the world have also set a number of laws on the fishing and aquaculture sectors. The dynamics of the supply chain and production levels are being positively impacted by these laws.
In response to shifting customer tastes and convenience demands, value-added items including smoked salmon, salmon fillets, and ready-to-cook meals are being developed, which accelerates market expansion overall. For example, Multi X debuted two new items in the U.S. market at Seafood Expo North America (SENA) in March 2024: Latitude 45 Smoked Salmon Candy Bites and Smoked Chipotle Salmon. With their well-known sweet and spicy taste combinations, Latitude 45 Smoked Salmon Candy Bites and Smoked Chipotle Salmon give customers a ready-to-eat hot smoked product that inspires home cooks. The rise of the salmon market in the US is being aided by these factors.
Growth Drivers for the North America Salmon Fish Market
Culinary Flexibility with a Wide Range of Uses: Salmon is a popular choice for a variety of culinary creations because of its gentle, buttery taste profile and unique pink flesh. It provides customers with different taste preferences with a tasty and enjoyable experience. Additionally, salmon is a staple component for both home cooks and chefs due to its versatility in a variety of cuisines, including foreign and classic American meals. Innovative salmon-based recipes that satisfy changing consumer tastes have also emerged as a result of the growing popularity of fusion cuisine. Customers looking for quick yet wholesome dinner alternatives are drawn to the company's wide variety of ready-to-eat salmon products, which include smoked salmon, salmon burgers, and salmon poke bowls. Salmon's demand and expansion in the North American market are probably going to continue to be driven by its culinary diversity.
The Growing Trends of Health-Conscious Consumers: Demand for this nutrient-dense fish is rising as more people become aware of the many health advantages of eating salmon. Omega-3 fatty acids are known to be abundant in salmon and are vital for heart and brain health. Furthermore, it is a great source of minerals like selenium, vitamins like B12 and D, and high-quality protein. Customers now choose salmon as a premium option for their meals due to the growing emphasis on leading a healthy lifestyle and the need for wholesome, well-balanced diets. Furthermore, a lot of customers are adopting diets that highlight healthy foods like salmon as a result of the growth in chronic health disorders including obesity and cardiovascular illnesses.
Technological Advancements in Farming and Processing: The North American salmon market has grown significantly as a result of technological developments in salmon farming and processing. Aquaculture has become far more productive and sustainable with innovations like selective breeding, better disease control methods, and effective feeding systems. Thanks to these advancements, producers can produce fish that are healthier and grow more quickly while having a smaller negative influence on the environment. Regarding processing, advancements in vacuum-sealed packaging, temperature-controlled transportation, and freezing technologies have increased the shelf life and maintained the quality of salmon throughout distribution. These developments make it possible for salmon to remain fresh while reaching larger markets, such as interior regions and foreign locations. As a result, manufacturers are better equipped to satisfy growing consumer demand and provide a steady, high-quality product all year long, enhancing supply chain effectiveness and customer satisfaction.
Challenges in the North America Salmon Fish Market
Disease and Parasite Management: In the market for salmon fish in North America, disease and parasite control pose a significant problem, especially for farmed enterprises. Sea lice, which may spread quickly and affect both farmed and wild populations, are the most common parasite, bacterial, and viral diseases that can affect salmon. These epidemics may lead to higher death rates, decreased fish quality, and significant financial losses. Continuous monitoring, biosecurity precautions, and cutting-edge therapies like vaccinations, cleaner fish, or non-chemical lice removal techniques are necessary for effective management. However, putting these concepts into practice frequently requires a large financial investment as well as technical know-how. Disease control initiatives are further complicated by worries about the use of antibiotics and chemical therapies. The business has a difficult, continuous task in ensuring fish health while upholding consumer and environmental requirements.
Climate Change and Ocean Conditions: The market for salmon fish in North America faces significant obstacles due to climate change and changing ocean conditions. Salmon migratory patterns may be disturbed, water oxygen levels may drop, and illness and parasite incidence may rise as a result of warming ocean temperatures. Marine habitats and the availability of food supplies that are essential to salmon survival are impacted by ocean acidification, which is caused by rising carbon dioxide levels. Temperature variations and severe weather conditions like storms and flooding can harm aquaculture infrastructure and lower agricultural productivity. Both wild and farmed salmon populations' health, growth rates, and reproductive success are at risk due to these environmental stresses. Climate resilience is also a crucial area of concern for the industry's future since producers are confronted with growing uncertainty over long-term sustainability and supply security.
Key Attributes
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2024-2033 |
Estimated Market Value (USD) in 2024 | $6.22 Billion |
Forecasted Market Value (USD) by 2033 | $12.33 Billion |
Compound Annual Growth Rate | 7.9% |
Regions Covered | North America |
Key Topics Covered
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. North America Salmon Fish Market
5.1 Historical Market Trends
5.2 Market Forecast
6. Market Share Analysis
6.1 By Form
6.2 By Species
6.3 By Distribution Channel
6.4 By Countries
7. Form
7.1 Fresh
7.2 Frozen
7.3 Smoked
7.4 Canned
7.5 Others
8. Species
8.1 Chinook Salmon
8.2 Coho Salmon
8.3 Pink Salmon
8.4 Red Salmon
8.5 Silverbrite Salmon
8.6 Salmon Salar
9. Distribution Channel
9.1 Retail
9.2 HoReCa & Wholesale
9.3 Processed Food Industry
9.4 Other Institutional Customers
10. Countries
10.1 United States
10.2 Canada
10.3 Mexico
10.4 Rest of North America
11. Porter's Five Forces Analysis
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Rivalry
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threat
13. Key Players Analysis
13.1 Camanchaca Inc.
13.2 Atlantic Capes Fisheries, Inc.
13.3 Leroy Seafood Group ASA
13.4 Marine Harvest ASA
13.5 Multiexport Foods SA
13.6 Marine Harvest ASA
13.7 Sea Trade
13.8 Atalanta Corporation
For more information about this report visit https://www.researchandmarkets.com/r/cgsgqq
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
