Europe Salmon Market Demands, Growth Analysis, Industry Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “Europe 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 Country 2024-2032”. The study provides a detailed analysis of the industry, including the Europe salmon market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Europe Salmon Market?

The Europe salmon market size reached 1,778,220 Tons in 2023. Looking forward, IMARC Group expects the market to reach 2,314,100 Tons by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032.

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Europe Salmon Market Trends and Drivers:

The increasing consumption of salmon as a dietary choice owing to its health benefits, such as high omega-3 fatty acids and protein content, is one of the factors responsible for the growth of the Europe salmon market. Additionally, as health consciousness rises among consumers across Europe, there is an escalating need for seafood that supports a healthy lifestyle, with salmon at the forefront due to its perceived health benefits and versatility in culinary applications, which is fueling the market. Besides this, Norway and Scotland, being the largest producers in the region, play pivotal roles in meeting this demand with their well-established and sustainably managed salmon farming industries. These countries are known for their stringent aquaculture standards, which ensure the production of high-quality salmon that appeals to health-conscious consumers. 

Sustainability is a significant driver in the Europe salmon market, with consumers increasingly favoring products that are certified as sustainably sourced. In addition to this, the industry has seen a shift towards more environmentally friendly farming practices, including the use of feed that reduces dependency on wild fish stocks, and innovations that minimize the environmental impact of salmon farms are positively impacting the market. Moreover, advancements in breeding technology, disease control, and water quality management have improved the efficiency and sustainability of salmon farming operations, aligning with the growing regulatory and consumer pressures for sustainability, which is anticipated to drive the Europe salmon market over the forecasted period.

Europe Salmon Market Report Segmentation:

The report is organized into distinct sections as follows:

Breakup by Type:

• Farmed
• Wild Captured

Farmed salmon constitutes the largest type segment in the Europe salmon market on account of its consistent availability, controlled production conditions, and year-round supply, which meet the high demand for salmon in the market.

Breakup by Species:

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

Atlantic salmon holds the largest share in the market due to its widespread cultivation and popularity for its mild flavor and versatility in various culinary preparations.

Breakup by End Product Type:

• Frozen
• Fresh
• Canned
• Others

Frozen salmon is the largest end product type as it offers convenience, extended shelf life, and suitability for a range of applications, including retail and foodservice.

Breakup by Distribution Channel:

• Foodservice
• Retail

Foodservice stands as the largest distribution channel segment in the market due to the extensive use of salmon in restaurants, catering, and other foodservice establishments.

Countries Covered:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Spain leads the regional market due to its strong culinary culture, tourist industry, and increasing consumer awareness of the health benefits offered by salmon.

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Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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