Canned Salmon Market to Reach USD 7.7 Billion by 2035, Driven by Rising Demand for Protein-Rich and Convenient Seafood Options

The global canned salmon market is set for robust expansion, supported by rising health consciousness, increasing consumption of protein-rich diets, and growing preference for convenient seafood options. Valued at USD 3.7 billion in 2025, the market is projected to reach USD 7.7 billion by 2035, expanding at a CAGR of 7.6% during the forecast period (2025–2035), according to Fact.MR.

This impressive growth is fueled by changing dietary patterns, sustainability concerns, and the expanding retail footprint of shelf-stable seafood products worldwide.

Quick Stats for the Canned Salmon Market

• Market Value (2025): USD 3.7 billion
• Forecast Value (2035): USD 7.7 billion
• CAGR (2025–2035): 7.6%
• Leading Applications: Retail, Foodservice, Household Consumption
• Top Growth Regions: North America, Europe, Asia-Pacific
• Notable Companies: Thai Union Group, Bumble Bee Foods, LLC, Trident Seafoods Corporation, Mowi ASA, Wild Planet Foods, Inc., John West Foods Ltd., Pacific Seafood Group, Dong Won Industries, OBI Seafoods, Salmones Camanchaca S.A.

Full Market Report available for delivery. For purchase or customization, please request here: https://www.factmr.com/connectus/sample?flag=S&rep_id=6862

Why the Market is Growing

The global demand for canned salmon continues to surge due to its nutritional benefits, long shelf life, and sustainability credentials compared to other protein sources. Manufacturers are capitalizing on trends toward clean-label, traceable, and responsibly sourced seafood.

• Health & Nutrition Awareness: Consumers are increasingly turning to high-protein, omega-3-rich seafood like salmon for heart and brain health.
• Convenience Factor: The ease of preparation and long storage life make canned salmon a preferred choice for modern consumers.
• Sustainability Initiatives: Many brands are focusing on responsibly sourced wild-caught or aquaculture-certified salmon to align with eco-conscious consumer preferences.
• Expanding Retail Channels: Availability through supermarkets, online platforms, and specialty stores is boosting global accessibility.

Segmental Analysis

Household and Retail Consumption Dominates

The retail and household segments account for a significant portion of sales, driven by rising health awareness and the popularity of ready-to-eat, protein-packed meals.

Foodservice Sector on the Rise

Restaurants, hotels, and catering services increasingly use canned salmon for salads, sandwiches, and gourmet preparations due to its quality consistency and cost efficiency.

Regional Outlook

• North America: The U.S. and Canada lead global consumption, supported by established seafood brands and rising consumer focus on sustainable protein sources.
• Europe: Strong demand in the U.K., Germany, and Nordic countries, where seafood forms a key part of traditional diets.
• Asia-Pacific: Rapid market growth driven by increasing westernization of diets, expanding middle-class population, and growing retail seafood offerings in China and Japan.
• Latin America & MEA: Emerging potential due to improving cold chain infrastructure and dietary diversification.

Market Dynamics

Key Growth Drivers

• Rising demand for high-protein, nutrient-dense food options
• Increasing preference for shelf-stable seafood products
• Sustainable aquaculture and traceable supply chains
• Growing online and modern trade retail penetration

Restraints

• Fluctuating raw material prices due to fishing regulations and supply chain challenges
• Growing competition from alternative protein and plant-based products

Competitive Landscape

The global canned salmon market features a mix of multinational corporations and regional players focusing on sustainability, innovation, and value-added product development.

• Global Leaders: Thai Union Group, Trident Seafoods Corporation, and Mowi ASA dominate through advanced processing facilities and strong brand portfolios.
• Regional Players: Bumble Bee Foods, John West Foods, and Pacific Seafood Group enhance product traceability and expand local distribution networks.
• Innovative Entrants: Wild Planet Foods and OBI Seafoods focus on eco-friendly sourcing and premium product offerings.

Recent Development

• April 2025: Mowi ASA launched a new line of eco-certified canned salmon under its “Blue Ocean” label, emphasizing traceability and recyclable packaging.

Buy Now at USD 2900: https://www.factmr.com/checkout/6862

Future Outlook

The canned salmon market is poised to maintain strong momentum through 2035 as consumers increasingly prioritize sustainable nutrition and convenience. Companies that invest in responsible sourcing, innovative product formulations, and eco-conscious packaging will secure long-term growth in this competitive segment.

About Us

Fact.MR is a distinguished market research company renowned for its comprehensive reports and invaluable business insights. As a prominent player in business intelligence, Fact.MR delivers deep analysis, uncovering market trends, growth pathways, and competitive landscapes. With a commitment to accuracy and reliability, the company empowers businesses with critical data and strategic recommendations to drive informed decisions and strengthen market positioning.