Market Overview:
The North America salmon market reached a volume of 445,480 Tons in 2019. Looking forward, IMARC Group expects the market exhibit moderate growth during 2020-2025. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Salmon is the common name for fish, Salmoniformes. They are found in the northern Atlantic and Pacific oceans and are anadromous. Salmon varies greatly from species to species. The species like chum salmon are silvery-blue in color while Atlantic salmon have black spots on their sides. The consumption of salmon is associated with numerous health benefits as they are high in calcium, iodine, vitamin D, vitamin B3, zinc, protein and omega-3s but low in saturated fat. It is also a source of cholesterol, with a range of 23–214 mg/100 g depending on the species. They offer numerous health benefits such as improved bone and brain health, weight management, relieved eye fatigue, lowered risk of cardiovascular disease, lowered blood pressure and enhanced overall health. Increasing consumer awareness, adding value, convenient packaging, etc. are some of the other variables that have strongly affected salmon market growth.
North America salmon market is currently being driven by several factors. Rising preferences for easily consumable food products have resulted in the addition of various products including frozen salmon, canned salmon, smoked salmon, salmon jerky, salmon oil, salmon lox, salmon spreads among others. In addition to this, salmon has several health benefits as it provides consumers with omega-3 fatty acids which help in improving heart health, inflammation, depression and anxiety, thus having a huge potential in the functional food industry. Salmon prevents and slows down the development of heart disease and helps boost brain function. Additionally, it helps in the formation and maintenance of bones and teeth and, enhances the absorption and utilization of calcium and phosphorus. It also reduces the risk of cancer, stroke, depression, Alzheimer’s disease, arthritis, Crohn’s disease and asthma. Another major factor driving the consumption of salmon has been a change in the dietary habits in the region. Moreover, catalyzed by the increasing disposable incomes, sedentary lifestyles and increasing awareness on health and wellness, fish consumption has been increasing in the region. A significant share of consumers cites health reasons as their primary motivation for eating fishes such as salmon as they tend to be low in saturated fats and carbohydrates, and high in a range of micronutrients.
Report Scope:
- North America Salmon Market
- Key Regions Analyzed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Type
- Market by Species
- Atlantic
- Pink
- Chum/Dog
- Coho
- Sockeye
- Others
- Market by End-Product Type
- Frozen
- Fresh
- Canned
- Others
- Market by Distribution Channel
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America salmon market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the North America salmon market?
- What are the key regions in the North America salmon market?
- What is the breakup of the North America salmon market on the basis of type?
- What is the breakup of the North America salmon market on the basis of species?
- What is the breakup of the North America salmon market on the basis of end-product type?
- What is the breakup of the North America salmon market on the basis of distribution channel?
- What are the various stages in the value chain of the North America salmon industry?
- What are the key driving factors and challenges in the North America salmon industry?
- What is the structure of the North America salmon industry and who are the key players?
- What is the degree of competition in the North America salmon industry?
- What are the profit margins in the North America salmon industry?
Report Coverage:
- Base Year Considered: 2019
- Historical Data Coverage: 2014-2019
- Market Forecast: 2020-2025
- Currency: US$
- Geography Covered: North America, United States, Canada and Mexico
- Segments Covered: Type, Species, End-product Type and Distribution Channel
IMARC Group’s latest report provides a deep insight into the North America salmon market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America salmon market in any manner.
Report Customization: Although IMARC has tried to cover everything in the North America salmon market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Salmon Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Species
5.4 Market Breakup by End-Product Type
5.5 Market Breakup by Distribution Channel
5.6 Market Breakup by Region
5.7 Market Forecast
6 North America Salmon Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Salmon Market: Breakup by Type
7.1 Farmed
7.2 Wild Captured
8 North America Salmon Market: Breakup by Species
8.1 Atlantic
8.2 Pink
8.3 Chum/Dog
8.4 Coho
8.5 Sockeye
8.6 Others
9 North America Salmon Market: Breakup by End-Product Type
9.1 Frozen
9.2 Fresh
9.3 Canned
9.4 Others
10 North America Salmon Market: Breakup by Distribution Channel
10.1 Foodservice
10.2 Retail
11 North America Salmon Market: Breakup by Country
11.1 United States
11.1.1 Historical Market Trends
11.1.2 Market Breakup by Type
11.1.3 Market Breakup by Species
11.1.4 Market Breakup by End-Product Type
11.1.5 Market Breakup by Distribution Channel
11.1.6 Market Forecast
11.2 Canada
11.2.1 Historical Market Trends
11.2.2 Market Breakup by Type
11.2.3 Market Breakup by Species
11.2.4 Market Breakup by End-Product Type
11.2.5 Market Breakup by Distribution Channel
11.2.6 Market Forecast
11.3 Mexico
11.3.1 Historical Market Trends
11.3.2 Market Breakup by Type
11.3.3 Market Breakup by Species
11.3.4 Market Breakup by End-Product Type
11.3.5 Market Breakup by Distribution Channel
11.3.6 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
13.1 Overview
13.2 Raw Material Procurement
13.3 Primary Processing
13.4 Large Scale Industrial Processing
13.5 Distribution and Export
13.6 Retailer
13.7 End-Consumer
14 Porter’s Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Rivalry
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
List of Figures
Figure 1: Global: Salmon Market: Volume Trends (in Million Tons), 2014-2019
Figure 2: Global: Salmon Market: Breakup by Type (in %), 2019
Figure 3: Global: Salmon Market: Breakup by Species (in %), 2019
Figure 4: Global: Salmon Market: Breakup by End-Product Type (in %), 2019
Figure 5: Global: Salmon Market: Breakup by Distribution Channel (in %), 2019
Figure 6: Global: Salmon Market: Breakup by Region (in %), 2019
Figure 7: Global: Salmon Market Forecast: Volume Trends (in Million Tons), 2020-2025
Figure 8: North America: Salmon Market: Volume Trends (in ‘000 Tons), 2014-2019
Figure 9: North America: Salmon Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 10: North America: Salmon Market: Breakup by Type (in %), 2019
Figure 11: North America: Salmon (Farmed) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 12: North America: Salmon (Farmed) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 13: North America: Salmon Industry: SWOT Analysis
Figure 14: North America: Salmon Industry: Value Chain Analysis
Figure 15: North America: Salmon Industry: Porter’s Five Forces Analysis
Figure 16: North America: Salmon (Wild Captured) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 17: North America: Salmon (Wild Captured) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 18: North America: Salmon Market: Breakup by Species (in %), 2019
Figure 19: North America: Salmon (Atlantic) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 20: North America: Salmon (Atlantic) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 21: North America: Salmon (Pink) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 22: North America: Salmon (Pink) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 23: North America: Salmon (Chum/Dog) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 24: North America: Salmon (Chum/Dog) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 25: North America: Salmon (Coho) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 26: North America: Salmon (Coho) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 27: North America: Salmon (Sockeye) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 28: North America: Salmon (Sockeye) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 29: North America: Salmon (Other Species) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 30: North America: Salmon (Other Species) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 31: North America: Salmon Market: Breakup by End-Product Type (in %), 2019
Figure 32: North America: Salmon (Frozen) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 33: North America: Salmon (Frozen) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 34: North America: Salmon (Fresh) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 35: North America: Salmon (Fresh) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 36: North America: Salmon (Canned) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 37: North America: Salmon (Canned) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 38: North America: Salmon (Other End-Product Types) Market: Volume Trends (in ‘000 Tons), 2014 & 2019
Figure 39: North America: Salmon (Other End-Product Types) Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 40: North America: Salmon Market: Breakup by Distribution Channel (in %), 2019
Figure 41: North America: Salmon Market: Sales Through Foodservice Sector (in ‘000 Tons), 2014 & 2019
Figure 42: North America: Salmon Market Forecast: Sales Through Foodservice Sector (in ‘000 Tons), 2020-2025
Figure 43: North America: Salmon Market: Sales Through Retail Sector (in ‘000 Tons), 2014 & 2019
Figure 44: North America: Salmon Sale Through Retail Market Forecast: Sale Through Retail Sector (in ‘000 Tons), 2020-2025
Figure 45: United States: Salmon Market: Volume Trends (in ‘000 Tons), 2014-2019
Figure 46: United States: Salmon Market: Breakup by Type (in %), 2019
Figure 47: United States: Salmon Market: Breakup by Species (in %), 2019
Figure 48: United States: Salmon Market: Breakup by End-Product Type (in %), 2019
Figure 49: United States: Salmon Market: Breakup by Distribution Channel (in %), 2019
Figure 50: United States: Salmon Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 51: Canada: Salmon Market: Volume Trends (in ‘000 Tons), 2014-2019
Figure 52: Canada: Salmon Market: Breakup by Type (in %), 2019
Figure 53: Canada: Salmon Market: Breakup by Species (in %), 2019
Figure 54: Canada: Salmon Market: Breakup by End-Product Type (in %), 2019
Figure 55: Canada: Salmon Market: Breakup by Distribution Channel (in %), 2019
Figure 56: Canada: Salmon Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
Figure 57: Mexico: Salmon Market: Volume Trends (in ‘000 Tons), 2014-2019
Figure 58: Mexico: Salmon Market: Breakup by Type (in %), 2019
Figure 59: Mexico: Salmon Market: Breakup by Species (in %), 2019
Figure 60: Mexico: Salmon Market: Breakup by End-Product Type (in %), 2019
Figure 61: Mexico: Salmon Market: Breakup by Distribution Channel (in %), 2019
Figure 62: Mexico: Salmon Market Forecast: Volume Trends (in ‘000 Tons), 2020-2025
List of Tables
Table 1: North America: Salmon Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: Salmon Market Forecast: Breakup by Type (in ‘000 Tons), 2020-2025
Table 3: North America: Salmon Market Forecast: Breakup by Species (in ‘000 Tons), 2020-2025
Table 4: North America: Salmon Market Forecast: Breakup by End-Product Type (in ‘000 Tons), 2020-2025
Table 5: North America: Salmon Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2020-2025
Table 6: North America: Salmon Market Forecast: Breakup by Region (in ‘000 Tons), 2020-2025
Table 7: North America: Salmon Market: Competitive Structure
Table 8: North America: Salmon Market: Key Players