United States Salmon Market Report by Type (Farmed, Wild Captured), Species (Atlantic, Pink, Chum/Dog, Coho, Sockeye, and Others), End Product Type (Frozen, Fresh, Canned, and Others), Distribution Channel (Foodservice, Retail), and Region 2024-2032
The United States salmon market size reached US$ 1,430.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,950.9 Million by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.
Market Size in 2023
US$ 1,430.2 Million
Market Forecast in 2032
US$ 1,950.9 Million
Market Growth Rate (2024-2032)
Salmon is an aquatic animal that belongs to the Salmonidae family. It migrates to the seas and returns to the freshwaters during the season of reproduction. Salmon is used for grilling, broiling, poaching, pickling, roasting, and smoking to prepare food items like burgers, tartar, salads, and pasta. In the United States, market players use innovative packaging formats like vacuum skin packaging, which displays the salmon clearly and keeps it fresh by eliminating contact with the air.
The United States salmon market is primarily driven by the extensive import of Pacific salmon into the country. The growing demand for other salmon species such as sockeye, chum, coho, and chinook is also propelling the growth of the market. Additionally, with the changing dietary habits, sedentary lifestyles and increasing awareness about health and wellness, there has been an increase in per capita salmon consumption. It contains low saturated fats and carbohydrates and high levels of omega-3 fatty acids, EPA, and DHA, which decrease the risk of heart diseases, diabetes and obesity. Moreover, leading players are adding several value-added products to their product lines, including frozen salmon, canned salmon, smoked salmon, salmon jerky, salmon oil, salmon lox and salmon spreads.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States salmon market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, species, end product type, and distribution channel.
Breakup by Type:
Breakup by Species:
Breakup by End Product Type:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Base Year of the Analysis
Type, Species, End Product Type, Distribution Channel, Region
Northeast, Midwest, South, West
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Key Questions Answered in This Report
The United States salmon market was valued at US$ 1,430.2 Million in 2023.
We expect the United States salmon market to exhibit a CAGR of 3.4% during 2024-2032.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of salmon and salmon-based products across the nation.
The growing consumer inclination from high-calorie, carb-based food items towards protein-rich alternatives, such as salmon, is primarily driving the United States salmon market.
Based on the type, the United States salmon market has been segmented into farmed and wild captured, where wild captured currently holds the majority of the total market share.
Based on the species, the United States salmon market can be categorized into atlantic, pink, chum/dog, coho, sockeye, and others. Currently, pink exhibits a clear dominance in the market.
Based on the end product type, the United States salmon market has been segregated into frozen, fresh, canned, and others. Among these, fresh currently accounts for the largest market share.
Based on the distribution channel, the United States salmon market can be bifurcated into foodservice and retail. Currently, the retail sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into Northeast, Midwest, South, and West, where West currently dominates the United States salmon market.
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