Market Overview:
The global smoked salmon market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smoked salmon products in the food service sector and retail sector across the globe. In terms of type, vacuum/vacuum packing is projected to be the fastest-growing segment during the forecast period. This can be attributed to its benefits such as extended shelf life and prevention of contamination. In terms of application, food service sector is expected to dominate the global smoked salmon market during 2018-2030 owing to rising demand for ready-to-eat meals from consumers across regions.
Product Definition:
Smoked salmon is a preparation of raw, salted salmon that has been cured and then smoked. Salmon that has been hot-smoked is sometimes called "hot-roasted".
Vac/Vacuum Packing:
Vacuum packing is a method of preserving fish by removing water and replacing it with an inert gas such as nitrogen or carbon dioxide. Vacuum packed salmon has been in the market for quite some time, but its growth factor was not fully utilized due to certain technicalities. With the advent of new technologies and methods, vacuum packing has now become more efficient resulting in increased demand from all quarters.
Vac/Vacuum Packing Covered With Cardboard Envelope:
Vacuum packing is covered with cardboard envelope and it's usage in the Smoked salmon market. Vacuum packing is a method of packaging which creates an airtight seal by using flexible material such as plastic film or paper. The product to be packed is placed in a box or case along with some absorbent material ( usually cotton) which acts as a cushioning agent, to keep the product dry.
Application Insights:
The food service sector accounted for more than 70.0% share of the overall revenue in 2017. The product is widely used in restaurants, cafes and other eateries to enhance their offerings as a ingredient or as a standalone dish. Increasing number of food joints and cafĩs has fueled the demand for smoked salmon over the past few years across various regions, including North America, Europe and Asia Pacific.
Retail sector is expected to be one of the fastest-growing application segments during forecast period owing to increasing consumer preference for home cooked meals with fresh ingredients from local markets or supermarkets. Increasing availability of different types of canned products has been encouraging consumers toward purchasing them instead from grocery stores which will eventually boost industry growth over the coming years.
Regional Analysis:
Europe dominated the global market in terms of revenue with a share of over 35.0% in 2017. The growth is attributed to increasing demand for salmon products, such as smoked salmon sandwiches and salads, along with growing popularity of ethnic foods among consumers. Moreover, high disposable income levels and changing lifestyles have resulted in increased spending on luxury food products including canned or packaged smoked salmon.
Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 owing to rising consumer awareness regarding health benefits associated with this product coupled with increasing purchasing power of consumers will drive industry growth over the forecast period. Furthermore, availability of low-cost labor and easy access to raw materials are some other factors that can be attributed for rapid expansion within Asia Pacific region resulting into high consumption volumes every year since 2013 (data sourced from Fisheries & Conservation Department). Increasing production capacities by companies including JBS USA; Nippon Smokeless Co., Ltd.; Otsuka Foods Co., Ltd.
Growth Factors:
- Increasing demand for healthy and convenient food options.
- Rising disposable income of consumers in developed countries.
- Growing popularity of smoked salmon as a gourmet ingredient.
- Proliferation of supermarkets and specialty stores that sell smoked salmon products.
- increasing awareness about the health benefits of smoked salmon
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoked Salmon Market Research Report
By Type
Vac/Vacuum Packing, Vac/Vacuum Packing Covered With Cardboard Envelope, Canned Packaging
By Application
Food Service Sector, Retail Sector
By Companies
Marine Harvest, Labeyrie, Lerøy Seafood, Suempol, Thai Union Frozen Products (Meralliance), Young’s Seafood, Salmar, Delpeyrat, Norvelita, Cooke Aquaculture, Norway Royal Salmon ASA, UBAGO GROUP MARE, S.L, Martiko, Multiexport Foods, Grieg Seafood, Gottfried Friedrichs, ACME Smoked Fish
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Smoked Salmon Market Report Segments:
The global Smoked Salmon market is segmented on the basis of:
Types
Vac/Vacuum Packing, Vac/Vacuum Packing Covered With Cardboard Envelope, Canned Packaging
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Service Sector, Retail Sector
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Marine Harvest
- Labeyrie
- Lerøy Seafood
- Suempol
- Thai Union Frozen Products (Meralliance)
- Young’s Seafood
- Salmar
- Delpeyrat
- Norvelita
- Cooke Aquaculture
- Norway Royal Salmon ASA
- UBAGO GROUP MARE, S.L
- Martiko
- Multiexport Foods
- Grieg Seafood
- Gottfried Friedrichs
- ACME Smoked Fish
Highlights of The Smoked Salmon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vac/Vacuum Packing
- Vac/Vacuum Packing Covered With Cardboard Envelope
- Canned Packaging
- By Application:
- Food Service Sector
- Retail Sector
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smoked Salmon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smoked salmon is a type of fish that has been smoked using wood or charcoal. The smoke gives the salmon a unique flavor and makes it very appetizing.
Some of the major players in the smoked salmon market are Marine Harvest, Labeyrie, LerƒÂ¸y Seafood, Suempol, Thai Union Frozen Products (Meralliance), Young¢â‚¬â„¢s Seafood, Salmar, Delpeyrat, Norvelita, Cooke Aquaculture, Norway Royal Salmon ASA, UBAGO GROUP MARE, S.L, Martiko, Multiexport Foods, Grieg Seafood, Gottfried Friedrichs, ACME Smoked Fish.
The smoked salmon market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smoked Salmon Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smoked Salmon Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smoked Salmon Market - Supply Chain
4.5. Global Smoked Salmon Market Forecast
4.5.1. Smoked Salmon Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smoked Salmon Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smoked Salmon Market Absolute $ Opportunity
5. Global Smoked Salmon Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smoked Salmon Market Size and Volume Forecast by Type
5.3.1. Vac/Vacuum Packing
5.3.2. Vac/Vacuum Packing Covered With Cardboard Envelope
5.3.3. Canned Packaging
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smoked Salmon Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smoked Salmon Market Size and Volume Forecast by Application
6.3.1. Food Service Sector
6.3.2. Retail Sector
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smoked Salmon Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smoked Salmon Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smoked Salmon Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smoked Salmon Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smoked Salmon Demand Share Forecast, 2019-2026
9. North America Smoked Salmon Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smoked Salmon Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smoked Salmon Market Size and Volume Forecast by Application
9.4.1. Food Service Sector
9.4.2. Retail Sector
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smoked Salmon Market Size and Volume Forecast by Type
9.7.1. Vac/Vacuum Packing
9.7.2. Vac/Vacuum Packing Covered With Cardboard Envelope
9.7.3. Canned Packaging
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smoked Salmon Demand Share Forecast, 2019-2026
10. Latin America Smoked Salmon Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smoked Salmon Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smoked Salmon Market Size and Volume Forecast by Application
10.4.1. Food Service Sector
10.4.2. Retail Sector
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smoked Salmon Market Size and Volume Forecast by Type
10.7.1. Vac/Vacuum Packing
10.7.2. Vac/Vacuum Packing Covered With Cardboard Envelope
10.7.3. Canned Packaging
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smoked Salmon Demand Share Forecast, 2019-2026
11. Europe Smoked Salmon Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smoked Salmon Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smoked Salmon Market Size and Volume Forecast by Application
11.4.1. Food Service Sector
11.4.2. Retail Sector
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smoked Salmon Market Size and Volume Forecast by Type
11.7.1. Vac/Vacuum Packing
11.7.2. Vac/Vacuum Packing Covered With Cardboard Envelope
11.7.3. Canned Packaging
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potentil Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smoked Salmon Demand Share, 2019-2026
12. Asia Pacific Smoked Salmon Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smoked Salmon Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smoked Salmon Market Size and Volume Forecast by Application
12.4.1. Food Service Sector
12.4.2. Retail Sector
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smoked Salmon Market Size and Volume Forecast by Type
12.7.1. Vac/Vacuum Packing
12.7.2. Vac/Vacuum Packing Covered With Cardboard Envelope
12.7.3. Canned Packaging
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smoked Salmon Demand Share, 2019-2026
13. Middle East & Africa Smoked Salmon Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smoked Salmon Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smoked Salmon Market Size and Volume Forecast by Application
13.4.1. Food Service Sector
13.4.2. Retail Sector
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smoked Salmon Market Size and Volume Forecast by Type
13.7.1. Vac/Vacuum Packing
13.7.2. Vac/Vacuum Packing Covered With Cardboard Envelope
13.7.3. Canned Packaging
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smoked Salmon Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smoked Salmon Market: Market Share Analysis
14.2. Smoked Salmon Distributors and Customers
14.3. Smoked Salmon Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Marine Harvest
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Labeyrie
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lerøy Seafood
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Suempol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thai Union Frozen Products (Meralliance)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Youngs Seafood
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Salmar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Delpeyrat
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Norvelita
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cooke Aquaculture
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Norway Royal Salmon ASA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. UBAGO GROUP MARE, S.L
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Martiko
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Multiexport Foods
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Grieg Seafood
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gottfried Friedrichs
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. ACME Smoked Fish
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
