The Latin America salmon market is currently witnessing moderate growth. Salmon is a common fish that belongs to the Salmoniformes family. It is usually found in the Northern Atlantic and Pacific oceans. Salmon is considered a functional food as it contains a high amount of calcium, iodine, vitamin D and B3, zinc, protein, and omega-3 fatty acids. In Latin America, the demand for salmon has increased as it is utilized in an array of dishes, including pasta, sushi, burgers, salads, tartar, and tacos.
The Latin America salmon market is primarily driven by the high nutritional content present in salmon. Besides this, the increasing working population and their busy schedules have also increased the sales of ready-to-eat (RTE) and easy-to-cook food products like frozen and canned salmon. Furthermore, several health benefits offered by salmon, such as improved bone and brain health, weight management, lowered risk of cardiovascular diseases, relived eye fatigue, reduced blood pressure level and enhanced overall health, have also escalated its demand across the region. Apart from this, the rising health consciousness, inflating disposable incomes and growing living standards have also propelled the growth of the market. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Latin America salmon market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, type, species, end product type and distribution channel.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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