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United States Salmon Market to Reach US$ 1,689 Million by 2027, Propelled by the Extensive Import of Pacific Salmon into the Country

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United States Salmon Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The United States salmon market size reached US$ 1,321 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,689 Million by 2027, exhibiting a growth rate (CAGR) of 4.29% during 2022-2027. 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. These insights are included in the report as a major market contributor.

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 2022-2027. Our report has categorized the market based on type, species, end product type and distribution channel.

Breakup by Type:

  • Farmed
  • Wild Captured
     

Breakup by Species:

  • Atlantic
  • Pink
  • Chum/Dog
  • Coho
  • Sockeye
  • Others
     

Breakup by End Product Type:

  • Frozen
  • Fresh
  • Canned
  • Others
     

Breakup by Distribution Channel:

  • Foodservice
  • Retail
     

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Species, End Product Type, Distribution Channel, Region
Region Covered Northeast, Midwest, South, West
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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   United States Salmon Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Farmed
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Wild Captured
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Species
    7.1    Atlantic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Pink
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Chum/Dog
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Coho
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Sockeye
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8   Market Breakup by End Product Type
    8.1    Frozen
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Fresh
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Canned
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Distribution Channel
    9.1    Foodservice
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Retail
        9.2.1 Market Trends
        9.2.2 Market Forecast 
10  Market Breakup by Region
    10.1    Northeast
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Midwest
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    South
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    West
        10.4.1 Market Trends
        10.4.2 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Policy and Regulatory Landscape
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: United States: Salmon Market: Major Drivers and Challenges
Figure 2: United States: Salmon Market: Value Trends (in Million US$), 2016-2021
Figure 3: United States: Salmon Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: United States: Salmon Market: Breakup by Type (in %), 2021
Figure 5: United States: Salmon Market: Breakup by Species (in %), 2021
Figure 6: United States: Salmon Market: Breakup by End Product Type (in %), 2021
Figure 7: United States: Salmon Market: Breakup by Distribution Channel (in %), 2021
Figure 8: United States: Salmon Market: Breakup by Region (in %), 2021
Figure 9: United States: Salmon (Farmed) Market: Value Trends (in Million US$), 2016 & 2021
Figure 10: United States: Salmon (Farmed) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 11: United States: Salmon (Wild Captured) Market: Value Trends (in Million US$), 2016 & 2021
Figure 12: United States: Salmon (Wild Captured) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 13: United States: Salmon (Atlantic) Market: Value Trends (in Million US$), 2016 & 2021
Figure 14: United States: Salmon (Atlantic) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 15: United States: Salmon (Pink) Market: Value Trends (in Million US$), 2016 & 2021
Figure 16: United States: Salmon (Pink) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 17: United States: Salmon (Chum/Dog) Market: Value Trends (in Million US$), 2016 & 2021
Figure 18: United States: Salmon (Chum/Dog) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 19: United States: Salmon (Coho) Market: Value Trends (in Million US$), 2016 & 2021
Figure 20: United States: Salmon (Coho) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 21: United States: Salmon (Sockeye) Market: Value Trends (in Million US$), 2016 & 2021
Figure 22: United States: Salmon (Sockeye) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 23: United States: Salmon (Other Species) Market: Value Trends (in Million US$), 2016 & 2021
Figure 24: United States: Salmon (Other Species) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 25: United States: Salmon (Frozen) Market: Value Trends (in Million US$), 2016 & 2021
Figure 26: United States: Salmon (Frozen) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 27: United States: Salmon (Fresh) Market: Value Trends (in Million US$), 2016 & 2021
Figure 28: United States: Salmon (Fresh) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 29: United States: Salmon (Canned) Market: Value Trends (in Million US$), 2016 & 2021
Figure 30: United States: Salmon (Canned) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 31: United States: Salmon (Other End Product Types) Market: Value Trends (in Million US$), 2016 & 2021
Figure 32: United States: Salmon (Other End Product Types) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 33: United States: Salmon (Foodservice) Market: Value Trends (in Million US$), 2016 & 2021
Figure 34: United States: Salmon (Foodservice) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 35: United States: Salmon (Retail) Market: Value Trends (in Million US$), 2016 & 2021
Figure 36: United States: Salmon (Retail) Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 37: Northeast: Salmon Market: Value Trends (in Million US$), 2016 & 2021
Figure 38: Northeast: Salmon Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 39: Midwest: Salmon Market: Value Trends (in Million US$), 2016 & 2021
Figure 40: Midwest: Salmon Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 41: South: Salmon Market: Value Trends (in Million US$), 2016 & 2021
Figure 42: South: Salmon Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 43: West: Salmon Market: Value Trends (in Million US$), 2016 & 2021
Figure 44: West: Salmon Market Forecast: Value Trends (in Million US$), 2022-2027 
Figure 45: United States: Salmon Industry: SWOT Analysis
Figure 46: United States: Salmon Industry: Value Chain Analysis
Figure 47: United States: Salmon Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: United States: Salmon Market: Key Industry Highlights, 2021 and 2027
Table 2: United States: Salmon Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: United States: Salmon Market Forecast: Breakup by Species (in Million US$), 2022-2027
Table 4: United States: Salmon Market Forecast: Breakup by End Product Type (in Million US$), 2022-2027
Table 5: United States: Salmon Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 6: United States: Salmon Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: United States: Salmon Market: Competitive Structure
Table 8: United States: Salmon Market: Key Players


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Key Questions Answered in This Report

The United States salmon market was valued at US$ 1,321 Million in 2021.

We expect the United States salmon market to exhibit a CAGR of 4.29% during 2022-2027.

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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