Canned Salmon Market to Grow at a CAGR of 4.1% to reach US$4,136.52 Million from 2020 to 2027
The canned salmon market was valued at US$ 3,039.67 million in 2019 and is projected to reach US$ 4,136.52 million by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027.
Canned fish are an important food source. They are rich in protein and other essential nutrients, such as omega-3 fatty acids. Canned salmon is processed and sealed in an airtight container and subjected to heat. Canning of food product helps to preserve the food and increases the shelf life of food product. Consumers are seeking minimally processed foods that are free from synthetic preservatives and obnoxious residues of fertilizers and antibiotics. Canned foods are, thus, the best alternatives for health-conscious consumers, particularly athletes. Canned salmon has been perceived in order to increase its shelf life along with feasibility to store it & to import it to other countries or continents where salmon fish is not easily available due to lack of resources. Increasing popularity of canned salmon among consumers worldwide would put the market on necessary thrust and escalate the market growth
Europe is expected to grow at the highest CAGR of 4.5% during the forecast period.Europe has become a significant market for the canned salmon due to increasing disposable incomes, growing urbanization, and rising demand for health beneficiary. Increase in disposable income coupled with changing lifestyle is one of the major driving factors for canned salmon market in European region. The demand for canned salmon in Europe is growing at a high pace over the past few years. Further, presence of prominent manufacturers in Europe is also proliferating the growth of the market.
COVID-19 first began in Wuhan, China, during December 2019, and since then, it has spread across the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the most affected countries in confirmed cases and reported deaths as of October 2020. COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food industry is one of the significant sectors suffering severe disruptions, such as supply chain breaks, disruptions in manufacturing due to lockdown, and office shutdowns, resulting from this outbreak. For instance, China is the global hub of manufacturing and the largest raw material supplier for various industries. The lockdown of different plants and factories in leading regions—such as Asia Pacific and North America—is affecting the global supply chains and negatively impacting the manufacturing, delivery schedules, and sales of various goods. All these factors have significantly affected the global canned salmon market.
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Canned Salmon Market: Strategic Insights
Market Size Value in US$ 3,039.67 Million in 2019 Market Size Value by US$ 4,136.52 Million by 2027 Growth rate CAGR of 4.1% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Canned Salmon Market: Strategic Insights
| Market Size Value in | US$ 3,039.67 Million in 2019 |
| Market Size Value by | US$ 4,136.52 Million by 2027 |
| Growth rate | CAGR of 4.1% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Market Insights
Increasing Consumption of Salmon due to Its Health Benefits
Salmon consumption helps prevent heart disease; lower cholesterol and blood pressure; boost brain function; and reduce the risk of cancer, stroke, depression, Alzheimer’s disease, arthritis, Crohn’s disease, and asthma. Rising shift toward healthy eating habits, which consist of a variety of protein foods, including more seafood, is driving the growth of the canned salmon market. As per the Seafood Nutrition Partnership, the dietary guidelines recommend eating around 8 ounces of seafood to get at least 250 mg per day of omega-3 fatty acids. Also, pregnant women are advised to eat at least 8 ounces of seafood every week for improved infant health. The salmon consumption is increasing at an unprecedented rate worldwide. For instance, as per the World Wildlife Fund, salmon consumption worldwide is three times higher than it was in 1980. Furthermore, salmon aquaculture has become the fastest-growing food production system—accounting for 70% (2.5 million metric tons) of the market, and generating billions of dollars in revenue in local economies globally. Surge in demand for seafood in emerging countries and rise in healthy and nutritious food have increased the salmon consumption globally. For instance, as per the Global Salmon Initiative, animal protein consumption would rise by approximately 73% worldwide by 2050. Also, the growth of salmon farming has provided earning opportunity to several people in coastal and remote areas.
Product TypeInsights
Based on product type, the canned salmon marketis segmented intosockeye salmon, chum salmon, pink salmon, and Coho salmon.The sockeye salmonsegment accounted for the largest share ofthe global canned salmon market in 2019, and expected to grow at the highest CAGR during the forecast period. The sockeye salmon is also known as red salmon. They range in size from 24 to 33 inches in length and weigh between 5 and 15 pounds. Red salmon have a firm texture and higher oil content. These are expensive and are not widely available as compared to pink and chum salmon. Red salmon has the highest amount of omega 3, with approximately 2.7 grams per 100-gram portion. Therefore, just one serving per week can help lower cholesterol and the risk of heart disease. The red salmon run in Bristol Bay, Alaska, an area with saltwater bays and freshwater lakes. The Bristol Bay Regional Seafood Development Association is a fisherman-funded group with the objective to increase the value through education, quality outreach, and marketing. In 2017, Bristol Bay, Alaska, yielded a harvest of over 37 million sockeye salmon. The projected harvest was 27 million sockeyes. Bristol Bay sockeye represents nearly 75% of all sockeye salmon harvested in Alaska.
Distribution Channel Insights
Based on distribution channel, the canned salmon marketis segmented into direct selling, mass retailers, internet retailing, and others. The direct sellingsegment accounted for the largest share of the global canned salmon market in 2019, and is expected to register the fastest growth rate during the forecast period.In direct sales, manufacturers can directly sell their products through an online or offline channel in the absence of an intermediary, thereby avoiding profit erosion. The direct sales channel allows manufacturers to communicate with client personnel to develop a suitable product directly. Thus, it allows the company to maintain strong relationships with its customers and enable them to provide efficient after-sales support. Additionally, customer benefits from the direct sales as the representative can efficiently educate them about the specific products and services, leaving out the superfluous details and highlighting what might be of real, which is not the case with the distributor sales channels. In today’s market, online presence is an important aspect of conducting business. A significant number of millennials are accustomed to searching for information or shopping on the Internet. For the seafood dealers and retailers who want to connect more directly with the public, a website is practically necessary.
Mergers and acquisition and research & development are commonly adopted strategies by companies to expand their footprint worldwide, which is further impacting the size of the market. The players present in the canned salmon marketare implementing mergers and acquisition and research &development strategies to enlarge the customer base and to gain significant market share across the world, which also permits the players to maintain their brand name globally.
Canned Salmon Market Report Scope
Report Spotlights
- Progressive industry trends in the global canned salmon market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global canned salmon market from 2018 to 2027
- Estimation of global canned salmondemand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and global canned salmon demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global canned salmon market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global canned salmon marketgrowth
- Global canned salmon marketsize at various nodes of market
- Detailed overview and segmentation of the global canned salmon market, as well as its dynamics in the industry
- Global canned salmon market size in various regions with promising growth opportunities
Global Canned Salmon Market – by Product Type
- Sockeye Salmon
- Chum salmon
- Pink Salmon
- Coho Salmon
Global Canned Salmon Market – by Distribution Channel
- Direct Selling
- Mass Retailers
- Internet Retailing
- Others
Company Profiles
- Austevoll Seafood ASA
- Bumble Bee Seafood
- Golden Prize Canning Co., Ltd.
- FREEDOM FOODS GROUP LIMITED
- Pure Alaska Salmon Co LLC
- Princes Foods
- Raincoast Trading
- Wild Planet Foods
- Peter Pan Seafoods
- Alaska Seafood Company
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, RoSCAM, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
In 2019, sockeye salmon segment held the largest share in the global canned salmon market. The high demand can be attributed to increasing health conscious population, increasing awareness regarding benefits of protein and omega-3, wide range of products, and high availability on online and offline platforms.
In 2019,the canned salmon marketwas dominated by Asia Pacific region at theglobal level.Asia Pacific contributed to the largest share in the global canned salmon market. APAC continent comprises of several developing economies such as China, Japan, South Korea, Australia, among others. These developed countries are witnessing rapid growth in the middle-class population, along with growth in urbanization, which offers several opportunities for the key market players in the canned salmon market. Factors such as changing consumer taste preferences and increasing demand for processed fish products, as well as the availability of numerous product variants has boosted the growth of the canned salmon market in the Asia Pacific region.
The major players operating in the globalcanned salmon marketareAustevoll Seafood ASA, Bumble Bee Seafood, Golden Prize Canning Co., Ltd., FREEDOM FOODS GROUP LIMITED, Pure Alaska Salmon Co LLC, Princes Foods, Raincoast Trading, Wild Planet Foods, Peter Pan Seafoods, Alaska Seafood Company and among others.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Canned Salmon Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East & Africa
4.3 Expert Opinion
5. Canned Salmon Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Consumption of Salmon Due To Its Health Benefits
5.1.2 Rising Launch of Canned Salmon Products
5.2 Restraint
5.2.1 Increasing Adoption of Plant-Based Alternatives
5.3 Opportunity
5.3.1 Rising Health-Conscious Consumer Population
5.4 Future Trend
5.4.1 Land-Based Salmon Farming
5.5 Impact Analysis of Drivers and Restraints
6. Canned Salmon– Global Market Analysis
6.1 Canned Salmon Market Overview
6.2 Canned Salmon Market–Revenue and Forecast to 2027 (US$ Mn)
6.3 Competitive Positioning – Key Market Players
7. Canned Salmon Market Analysis – By Product Type
7.1 Overview
7.2 Canned Salmon Market Revenue Share, by Product Type (2019 and 2027)
7.3 Sockeye Salmon
7.3.1 Overview
7.3.2 Sockeye Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Coho Salmon
7.4.1 Overview
7.4.2 Coho Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Pink Salmon
7.5.1 Overview
7.5.2 Pink Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Chum Salmon
7.6.1 Overview
7.6.2 Chum Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
8. Canned Salmon Market Analysis – By Distribution Channel
8.1 Overview
8.2 Canned Salmon Market Share, by Distribution Channel, 2019 and 2027
8.3 Internet Retailing
8.3.1 Overview
8.3.2 Internet Retailing: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Mass Retailers
8.4.1 Overview
8.4.2 Mass Retailers: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Direct Selling
8.5.1 Overview
8.5.2 Direct Selling: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9. Canned Salmon Market – Geographic Analysis
9.1 Overview
9.2 North America: Canned Salmon Market
9.2.1 North America: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: canned Salmon Market, by Product Type
9.2.3 North America: Canned Salmon Market, by Distribution Channel
9.2.4 North America: Canned Salmon Market, by Key Country
9.2.4.1 US: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Canned Salmon Market, by Product Type
9.2.4.1.2 US: Canned Salmon Market, by Distribution Channel
9.2.4.2 Canada: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Canned Salmon Market, by Product Type
9.2.4.2.2 Canada: Canned Salmon Market, by Distribution Channel
9.2.4.3 Mexico: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Canned Salmon Market, by Product Type
9.2.4.3.2 Mexico: Canned Salmon Market, by Distribution Channel
9.3 Europe: Canned Salmon Market
9.3.1 Europe: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Canned Salmon Market, by Product Type
9.3.3 Europe: Canned Salmon Market, by Distribution Channel
9.3.4 Europe: Canned Salmon Market, by Key Country
9.3.4.1 Germany: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Canned Salmon Market, by Product Type
9.3.4.1.2 Germany: Canned Salmon Market, by Distributional Channel
9.3.5 France: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.5.1.1 France: Canned Salmon Market, by Product Type
9.3.5.1.2 France: Canned Salmon Market, by Distribution Channel
9.3.5.2 Italy: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.5.2.1 Italy: Canned Salmon Market, by Product Type
9.3.5.2.2 Italy: Canned Salmon Market, by Distribution Channel
9.3.5.3 UK: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.5.3.1 UK: Canned Salmon Market, by Product Type
9.3.5.3.2 UK: Canned Salmon Market, by Distribution Channel
9.3.5.4 Russia: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.5.4.1 Russia: Canned Salmon Market, by Product Type
9.3.5.4.2 Russia: Canned Salmon Market, by Distribution Channel
9.3.5.5 Rest of Europe: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.3.5.5.1 Rest of Europe: Canned Salmon Market, by Product Type
9.3.5.5.2 Rest of Europe: Canned Salmon Market, by Distribution Channel
9.4 Asia Pacific: Canned Salmon Market
9.4.1 Asia Pacific: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 Asia Pacific: Canned Salmon Market, by Product Type
9.4.3 Asia Pacific: Canned Salmon Market, by Distribution Channel
9.4.4 Asia Pacific: Canned Salmon Market, by Key Country
9.4.4.1 Australia: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Canned Salmon Market, by Product Type
9.4.4.1.2 Australia: Canned Salmon Market, by Distribution Channel
9.4.4.2 China: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Canned Salmon Market, by Product Type
9.4.4.2.2 China: Canned Salmon Market, by Distribution Channel
9.4.4.3 India: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Canned Salmon Market, by Product Type
9.4.4.3.2 India: Canned Salmon Market, by Distribution Channel
9.4.4.4 Japan: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Canned Salmon Market, by Product Type
9.4.4.4.2 Japan: Canned Salmon Market, by Distribution Channel
9.4.4.5 South Korea: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Canned Salmon Market, by Product Type
9.4.4.5.2 South Korea: Canned Salmon Market, by distribution channel
9.4.4.6 Rest of Asia Pacific: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Canned Salmon Market, by Product Type
9.4.4.6.2 Rest of Asia Pacific: Canned Salmon Market, by Distribution Channel
9.5 Middle East and Africa: Canned Salmon Market
9.5.1 Middle East & Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.5.2 Middle East & Africa: Canned Salmon Market, by Product Type
9.5.3 Middle East & Africa: Canned Salmon Market, by Distribution Channel
9.5.4 Middle East & Africa: Canned Salmon Market, by Key Country
9.5.4.1 South Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Canned Salmon Market, by Product Type
9.5.4.1.2 South Africa: Canned Salmon Market, by Distribution Channel
9.5.4.2 Saudi Arabia: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 Saudi Arabia: Canned Salmon Market, by Product Type
9.5.4.2.2 Saudi Arabia: Canned Salmon Market, by Distribution Channel
9.5.4.3 UAE: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 UAE: Canned Salmon Market, by Product Type
9.5.4.3.2 UAE: Canned Salmon Market, by Distribution Channel
9.5.4.4 Rest of Middle East & Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of Middle East & Africa: Canned Salmon Market, by Product Type
9.5.4.4.2 Rest of Middle East & Africa: Canned Salmon Market, by Distribution Channel
9.6 South and Central America: Canned Salmon Market
9.6.1 South and Central America: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
9.6.2 South and Central America: Canned Salmon Market, by Product Type
9.6.3 South and Central America: Canned Salmon Market, by Distribution Channel
9.6.4 South and Central America: Canned Salmon Market, by Key Country
9.6.4.1 Brazil: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Canned Salmon Market, by Product Type
9.6.4.1.2 Brazil: Canned Salmon Market, by Distribution Channel
9.6.4.2 Argentina: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Canned Salmon Market, by Product Type
9.6.4.2.2 Argentina: Canned Salmon Market, by Distribution Channel
9.6.4.3 Rest of South and Central America: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of South and Central America: Canned Salmon Market, by Product Type
9.6.4.3.2 Rest of South and Central America: Canned Salmon Market, by Distribution Channel
10. Impact of COVID-19 Pandemic on Global Canned Salmon Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Austevoll Seafood ASA
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Bumble Bee Seafood
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Golden Prize Canning Co., Ltd.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 FREEDOM FOODS GROUP LIMITED
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Pure Alaska Salmon Co LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Princes Foods
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Raincoast Trading
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Wild Planet Foods
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Peter Pan Seafoods
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Alaska Seafood Company
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 Glossary of Terms
LIST OF TABLES
Table 1. Canned Salmon Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America Canned Salmon Market, by Distributional Channel – Revenue and Forecast to 2027 (US$ Million)
Table 4. US Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. US Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe Canned salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 14. France Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. France Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 18. UK Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. UK Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 24. Asia Pacific Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 25. Asia Pacific Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 26. Australia Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 27. Australia Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 28. China Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 29. China Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 30. India Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 31. India Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 32. Japan Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 33. Japan Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 34. South Korea Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 35. South Korea Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 36. Rest of Asia Pacific Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 37. Rest of Asia Pacific Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 38. Middle East & Africa Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 39. Middle East & Africa Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 40. South Africa Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 41. South Africa Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 42. Saudi Arabia Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 43. Saudi Arabia Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 44. UAE Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. UAE Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 46. Rest of Middle East & Africa Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 47. Rest of Middle East & Africa Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 48. South and Central America Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 49. South and Central America Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 50. Brazil Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 51. Brazil Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 52. Argentina Canned Salmon Market, by Product Type – Revenue and Forecast to 2027 (US$ Million)
Table 53. Argentina Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of South and Central America Canned Salmon Market, by Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of South and Central America Canned Salmon Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)
Table 56. Glossary of Terms, Canned Salmon Market
LIST OF FIGURES
Figure 1. Canned Salmon Market Segmentation
Figure 2. Canned Salmon Market Segmentation – By Geography
Figure 3. Global Canned Salmon Market Overview
Figure 4. Sockeye Salmon Segment Held Largest Share of Global Canned Salmon Market
Figure 5. Asia Pacific Region Held Largest Share of Global Canned Salmon Market
Figure 6. North America PEST Analysis
Figure 7. Europe – PEST Analysis
Figure 8. Asia Pacific: PEST Analysis
Figure 9. Middle East & Africa: PEST Analysis
Figure 10. South & Central America South & Central America : PEST Analysis
Figure 11. Expert Opinion
Figure 12. Canned Salmon Market Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Canned Salmon Market
Figure 14. Canned Salmon Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 15. Canned Salmon Market Revenue Share, by Product Type (2019 and 2027)
Figure 16. Sockeye Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Coho Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Pink Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Chum Salmon: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Canned Salmon Market Share, by Distribution Channel, 2019 and 2027
Figure 21. Internet Retailing: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Mass Retailers: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Direct Selling: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Others: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Global Canned Salmon Market Revenue Share, by Region (2019 and 2027)
Figure 26. North America: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. North America: Canned Salmon Market Revenue Share, by Product Type (2019 and 2027)
Figure 28. North America: Canned Salmon Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 29. North America: Canned Salmon Market Revenue Share, by Key Country (2019 and 2027)
Figure 30. US: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 31. Canada: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 32. Mexico: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 33. Europe: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. Europe: Canned Salmon Market Revenue Share, by Product Type(2019 and 2027)
Figure 35. Europe: Canned Salmon Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 36. Europe: Canned Salmon Market Revenue Share, by Key Country (2019 and 2027)
Figure 37. Germany: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. France: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Italy: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. UK: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Russia: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Rest of Europe: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. Asia Pacific: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 44. Asia Pacific: Canned Salmon Market Revenue Share, by Product Type(2019 and 2027)
Figure 45. Asia Pacific: Canned Salmon Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 46. Asia Pacific: Canned Salmon Market Revenue Share, by Key Country (2019 and 2027)
Figure 47. Australia: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 48. China: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 49. India: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 50. Japan: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 51. South Korea: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 52. Rest of Asia Pacific: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 53. Middle East & Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. Middle East & Africa: Canned Salmon Market Revenue Share, by Product Type(2019 and 2027)
Figure 55. Middle East & Africa: Canned Salmon Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 56. Middle East & Africa: Canned Salmon Market Revenue Share, by Key Country (2019 and 2027)
Figure 57. South Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. Saudi Arabia: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. UAE: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. Rest of Middle East & Africa: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. South and Central America: Canned Salmon Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. South and Central America: Canned Salmon Market Revenue Share, by Product Type (2019 and 2027)
Figure 63. South and Central America: Canned Salmon Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 64. South and Central America: Canned Salmon Market Revenue Share, by Key Country (2019 and 2027)
Figure 65. Brazil: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 66. Argentina: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 67. Rest of South and Central America: Canned Salmon Market –Revenue and Forecast to 2027 (US$ Million)
Figure 68. Impact of COVID-19 Pandemic in North American Country Markets
Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 71. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 72. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Canned Salmon Market
- Austevoll Seafood ASA
- Beijing Princess Seafood International Trading
- Bumble Bee Foods
- EQUA Seafoods
- Freedom Foods Group Limited
- Mogster Group
- Peter Pan Seafoods
- Princes Group
- Raincoast Trading
- Wild Planet
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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