Moderate Growth for the Salmon Market During the Next Five Years

Having reached a volume of 445,480 tons in 2019, the salmon market is expected to continue its moderate growth during the next five years, according to a new report by IMARC Group. High per capita income, improved standards of living and awareness about the health benefits of salmon are increasing its consumption in North America. Moreover, owing to biological constraints and seawater temperature requirements, farm-raised Atlantic salmon is widely consumed in the region. In addition to this, a long coastline and continual technological advancements in the fishing industry are further creating a positive outlook for the market in the region.

Salmon is a species of ray-finned fish belonging to the family of Salmonidae, which is generally found in the Pacific and Northern Atlantic oceans. It is rich in antioxidants, proteins, potassium, selenium, vitamin B12 and omega-3 fatty acids. Its moderate consumption helps in soothing inflammation, reducing blood pressure, minimizing the risk of developing cancer and improving the function of cells that line the arteries. Owing to this, it is widely consumed in the steamed, sautéed, smoked, grilled, baked and poached form in North America.