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Global Canned Salmon Market 2016-2020

Global Canned Salmon Market 2016-2020

About Salmon

Salmon is the common name for fishes belonging to the family of Salmonidae. It is available from both wild and farmed sources. It is estimated that nearly 60% of the world's salmon production is farmed. Salmon farming started in the beginning of 1960s. Atlantic salmon is the most common type of salmon that is farmed. Major part of Atlantic salmon available around the globe are farmed commercially. The salmon farming production cycle lasts about three years. In the first year, production takes place in controlled freshwater environments. In the second year, the farmed salmon is transported to seawater cages. Once the farmed salmon reaches a size suitable for profitable harvesting, it is transported to processing plants to be prepared for sale.’

Technavio’s analysts forecast the global canned salmon market to grow at a CAGR of 4.18% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global canned salmon market for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of canned salmon products to individual consumers.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • ROW
Technavio's report, Global Canned Salmon Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Austevoll Seafood ASA
  • Bumble Bee Foods
  • Marine Harvest
  • Thai Union Frozen Products
Other prominent vendors
  • Beijing Princess Seafood International Trading
  • Dong Won Fisheries
  • Empresas AquaChile
  • Labeyrie Fine Foods
  • Princes
  • Sajo Industries
  • Tassal
Market driver
  • Increasing salmon production
  • For a full, detailed list, view our report
Market challenge
  • Exit of UK from the EU
  • For a full, detailed list, view our report
Market trend
  • Increasing demand from athletes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Canned Salmon Market 2016-2020

Technavio recognizes the following companies as the key players in the global canned salmon market: Austevoll Seafood ASA, Bumble Bee Foods, Marine Harvest, and Thai Union Frozen Products.

Other Prominent Vendors in the market are: Beijing Princess Seafood International Trading, Dong Won Fisheries, Empresas AquaChile, Labeyrie Fine Foods, Princes, Sajo Industries, and Tassal.

Commenting on the report, an analyst from Technavio’s team said: “A noticeable trend that can positively affect the market during the forecast period is the increase in the practice of land-based salmon aquaculture. Land-based aquaculture is expensive than marine aquaculture; however, it will eliminate many of the environmental problems associated with sea cage aquaculture. Sea cages are vulnerable as they can be affected by a number of possible events such as storms, predators, algal blooms, jellyfish attacks, fish escapes, and the diseases from wild fish populations residing near the cages. These hazards can cause a significant decrease in fish production. Land-based salmon farming confines the fish to indoor tanks inside facilities, thus eliminating interactions between the farmed fish and the external environment. The land-based salmon farming can help in decreasing capital costs to the company. Capital costs of the vendor KUTERRA decreased by about 30% in two years since it began land-based closed containment Atlantic salmon aquaculture.”

According to the report, new and innovative products, in line with growing consumer demand, characterize the global market. The new product launches by the players to stay competitive in the market is another major driver contributing to the growth of the global canned salmon market. Players are coming up with new and innovative products to meet the changing consumer demands. In June 2016, Princes launched a new range of canned Atlantic salmon products in the UK market. In June 2016, Tassal launched its new range of canned salmon products, and the company claims that the products are 100% Australian-grown and canned.

Further, the report states that a challenge to the growth of the market is the product recalls by different players in the market. Product recalls by a company can severely affect the reputation of the company and can also cause additional economic cost in terms of settlements of suits and replacement costs. Under consumer protection laws, manufacturers and suppliers must bear the costs of a product recall. In October 2015, Ecola Seafoods and VIS Seafoods issued a recall of all its canned salmon products due to contamination with Clostridium botulinum, a bacterium that can cause life-threatening illness or death. In October 2015, Bornstein Seafoods and Garibaldi issued a recall of all its canned salmon products due to contamination with Clostridium botulinum.

Companies Mentioned

Austevoll Seafood ASA, Bumble Bee Foods, Marine Harvest, Thai Union Frozen Products, Beijing Princess Seafood International Trading, Dong Won Fisheries, Empresas AquaChile, Labeyrie Fine Foods, Princes, Sajo Industries, Tassal.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Product segments in global canned salmon market
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Overview of global canned salmon market 2015
    • Global fish and seafood market
      • Table Global fish and seafood market 2015-2020 ($ billions)
      • Table Top 10 countries by per capita fish consumption
      • Table Countries by per capita expenditure on fish and seafood 2014 ($)
    • Global canned fish market
      • Table Global canned fish market 2015-2020 ($ billions)
    • Global canned salmon market
      • Table Global canned salmon market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Global canned salmon market by product type 2015
    • Table Comparison of wild salmon and farmed salmon
    • Global farmed canned salmon market
      • Table Global farmed canned salmon market 2015-2020 ($ billions)
    • Global wild canned salmon market
      • Table Global wild canned salmon market 2015-2020 ($ billions)
  • Market segmentation by distribution channel
    • Table Global canned salmon market by distribution channel 2015
    • Table Number of convenience stores 2014 and 2015
    • Table Number of supermarkets in US 2013-2015
    • Table World internet users by region 2015 (millions)
  • Geographical segmentation
    • Table Global canned salmon market by geography 2015 and 2020
    • Canned salmon market in APAC
      • Table Canned salmon market in APAC 2015-2020 ($ billions)
      • Table Average annual per capita disposable income in APAC 2009-2013 ($)
      • Table APAC population and urban population 2015-2050 (billions)
      • Table China's middle-class population as percentage of total population 2015-2020
      • Table Per capita consumption of fish in some countries in APAC 2014 (kg/capita)
    • Canned salmon market in Europe
      • Table Canned salmon market in Europe 2015-2020 ($ billions)
      • Table Disposable income in EU countries 2010-2013 ($)
      • Table Per capita consumption of fish in Europe 2015-2030 (kg/capita)
      • Table Import and export of salmon in Europe 2011-2014 ($ billions)
    • Canned salmon market in Americas
      • Table Canned salmon market in Americas 2015-2020 ($ billions)
      • Table Dual earning families in Canada 2014
      • Table Percentage of urban population in Latin American countries 2025 and 2050
      • Table Per capita fish consumption in North America and South America 2014 and 2024 (kg/capita)
    • Canned salmon market in MEA
      • Table Canned salmon market in MEA 2015-2020 ($ millions)
      • Table Disposable income in MEA countries 2011-2014 ($)
      • Table Urbanization in Africa as a percentage of total population 2014 and 2050
      • Table Population projection in MEA 2025 and 2050 (millions)
      • Table Per capita fish consumption in Africa 2014 and 2024 (kg/capita)
  • Key leading countries
    • US
    • Australia
    • Canada
    • UK
  • Market drivers
    • Table Global aquaculture salmon production 2010-2014 (millions of tons)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Competitive analysis: Global canned salmon market 2015
    • Austevoll Seafood ASA
      • Table Austevoll Seafood ASA: Business segmentation
      • Table Comparison of revenue 2014 and 2015 ($ billions)
      • Table Comparison of EBITDA 2014 and 2015 ($ billions)
      • Table Revenue by business segments 2015
      • Table EBITDA by business segments 2015
      • Table Austevoll Seafood ASA: Strength and weakness
    • Bumble Bee Foods
      • Table Bumble Bee Foods: Product offerings in canned salmon
      • Table Bumble Bee Foods: Strength and weakness
    • Marine Harvest
      • Table Marine Harvest: Product segmentation based on group operational EBIT
    • Thai Union Frozen Products
      • Table Thai Union Frozen Products: Business segmentation
      • Table Thai Union Frozen Products: Geographical segmentation by revenue 2014
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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