Industry Background:
Salmon is the common name for different species of fish which share the same family named Salmonidae. These are available in several species in both wild and farmed sources. These fishes live in the Atlantic Ocean and the Pacific, as well as the Great Lakes (North America). It is observed that about 73% of the world’s salmon production is farmed. The farming takes place in large nets in sheltered waters such as fjords or bays. Most of the salmon products farmed comes from Norway, Chile, Scotland, and Canada. Salmon is a popular food and hence the consumption of these products is considered to be healthy due to its high content of protein and Omega-3 fatty acids and it is also a good source of minerals and vitamins. Therefore the rising consumption of these as western traditional food is driving the Industry.This growth is primarily driven by Increase in the Per Capita Consumption of Protein which has Resulted in the Rising Preference for Fish as Compared to Animal Meat and Rising Interest of People to have a Protein as a Rich Source of Food for Thier Lifestyle.
Globally, a noticeable market trend is evident Adoption of these Products as a Special Dishes on Menu Cards for their Benefits such as Rising Health Consciousness, Value Addition of Nutrients and many more. Major Vendors, such as Labeyrie (France), Nova Sea (Norway), Lerøy Seafood (Norway), Suempol (Poland), Youngs Seafood (United Kingdom), Salmar (Norway), Delpeyrat (France), Norvelita (Lithuania), Cooke Aquaculture (United Kingdom), Norway Royal Salmon ASA (Norway) and UBAGO GROUP MARE, S.L (Spain) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increase in the Per Capita Consumption of Protein which has Resulted in the Rising Preference for Fish as Compared to Animal Meat
- Rising Interest of People to have a Protein as a Rich Source of Food for Thier Lifestyle
Market Trend
- Adoption of these Products as a Special Dishes on Menu Cards for their Benefits such as Rising Health Consciousness, Value Addition of Nutrients and many more
Restraints
- High-Cost Associated these Products
- Cumulating Number of Vegetarian People
Opportunities
A Rising Worldwide Demand for Salmon Can also be Accredited to a Rise in the Disposable Incomes across both Developed and Emerging Economies
Challenges
Issues Related Towards Eating Salmon Products Because of its High Levels of Chemicals such as Arsenic, Mercury and Many More
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Salmon Products Study Sheds Light on
— The Salmon Products Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Salmon Products industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Salmon Products industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.