Canned Salmon Market Research, 2030
The global canned salmon market was valued at $3,199.4 million in 2020, and is projected to reach $5,431.2 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.
Canned salmon is a processed fish, which is sealed in an airtight container such as a sealed tin can. It is a preserved seafood product made from fresh or frozen salmon that is cooked, processed, and sealed in airtight containers. The process begins with cleaning and cutting the fish into portions, followed by pre-cooking or raw packing. The salmon is then placed in cans, often with added salt or liquid, and sealed. Heat sterilization through pressure cooking ensures long shelf life and food safety. Canned salmon is widely used in salads, sandwiches, pasta dishes, soups, and patties, offering a convenient source of protein and omega-3 fatty acids.
Market Dynamics
Rise in consumer demand for convenient and ready-to-eat seafood options has driven global canned salmon market. Busy lifestyles and changing dietary habits have increased preference for nutritious, easy-to-prepare meals. Canned salmon offers a long shelf life, minimal preparation time, and high-protein content, which has made it an attractive choice for consumers seeking quick and healthy meal solutions. Availability in various forms, including boneless, skinless, and flavored varieties, has expanded its market presence. Supermarkets, e-commerce platforms, and retail stores are increasing their offerings, which has further made canned salmon accessible to a wider audience globally.
The growing trend of at-home dining and meal planning has contributed to global canned salmon market demand, with consumers seeking versatile ingredients for salads, sandwiches, pasta, and other dishes. Increased awareness of the health benefits associated with omega-3 fatty acids in salmon is supporting demand for canned salmons. Moreover, foodservice providers are incorporating canned salmon into pre-packaged meals and meal kits, catering to those who seek convenience without compromising nutrition. The expanding influence of online grocery shopping and direct-to-consumer sales is expected to strengthen market growth, ensuring continued demand for canned salmon in the coming years.
In addition, an increase in preference for sustainable and wild-caught seafood products has driven global canned salmon market share, as consumers prioritize environmentally responsible choices. Concerns regarding overfishing and ecological impact have led to higher demand for certified wild-caught salmon, supported by eco-labeling and sustainability certifications such as the Marine Stewardship Council (MSC). Wild-caught salmon is often viewed as a healthier option owing to its natural diet and lower exposure to artificial feed, influencing purchasing decisions among health-conscious buyers. Retailers and foodservice providers are expanding sustainable seafood offerings, ensuring greater availability of responsibly sourced canned salmon.
Rise in awareness of sustainability in food consumption has further led to global canned salmon market growth, as brands focus on transparency and ethical sourcing. Regulatory efforts promoting responsible fishing practices further support demand for canned salmon products, with many consumers willing to pay a premium for wild-caught varieties. Thus, continued support for ocean conservation and ethical sourcing is expected to sustain global canned salmon market share.
However, concerns regarding mercury levels and contamination in canned seafood have hindered global canned salmon market size, as consumers hesitate to purchase products perceived as unsafe. Reports on heavy metal accumulation and pollutants in marine environments have raised doubts related to the quality of canned salmon, leading to reduced consumer confidence. Regulatory bodies imposing stricter testing and safety standards have increased compliance costs for manufacturers, limiting production efficiency and affecting pricing. Negative media coverage on contamination incidents has contributed to shifting consumer preferences toward fresh or alternative seafood options, impacting sales volume of global market. Health-conscious buyers, particularly pregnant women and young families, often avoid canned seafood owing to concerns over long-term health risks. The global canned salmon industry faces challenges in maintaining growth as safety concerns persist, which in turn influences purchasing decisions and limits expansion into markets where food safety awareness is high.
Moreover, expansion in emerging markets with rising seafood consumption has created significant global canned salmon industry opportunities. Rapid urbanization, increase in disposable incomes, and shifting dietary patterns are driving higher demand for convenient and nutritious food options. Countries in Asia, Latin America, and the Middle East are witnessing a surge in seafood consumption as awareness of health benefits associated with fish-based diets increases. Canned salmon, with its long shelf life and easy preparation, is gaining traction among consumers looking for affordable and protein-rich meal solutions.
The growth of international trade and investment in seafood processing facilities is further strengthening global canned salmon market size, allowing manufacturers to cater to diverse consumer preferences. Government initiatives promoting protein-rich diets and the rising influence of Western food trends are supporting market expansion in developing regions. Global market trends indicate a rise in adoption of canned seafood in foodservice, including restaurants and meal kits. As global market analysis predicts, increasing seafood consumption in emerging markets will drive long-term growth, and is anticipated to boost the global market forecast.
Similarly, innovation in packaging is creating new opportunities for growth in the global canned salmon market. As consumer preferences shift toward convenience, sustainability, and enhanced product freshness, packaging innovations are becoming a key differentiator. Modern packaging technologies, such as vacuum sealing and modified atmosphere packaging, help to extend the shelf life of canned salmon while maintaining its quality and flavor. In addition, eco-friendly packaging solutions, such as recyclable cans, biodegradable materials, and reduced plastic usage, are meeting the growing consumer demand for environmentally responsible products. These innovations align with the global trend of sustainability, attracting environmentally conscious buyers.
In addition, the introduction of convenient, easy-to-open packaging formats is driving growth opportunities in the market, particularly for on-the-go consumption. Resealable packaging options and smaller portion sizes cater to busy lifestyles, providing consumers with flexible meal solutions. Enhanced labeling, including clear nutritional information and certifications such as organic or sustainable sourcing, is helping to build trust with consumers. As the global canned salmon market expands, packaging innovation plays a critical role in addressing both convenience and sustainability, offering new opportunities for manufacturers to meet evolving consumer needs and preferences.
Segment Overview
The global canned salmon market segmentation is done on the basis of nature, type, sales channel, and region. By nature, the market is bifurcated into wild and farmed. By type, the market is classified into fillet, chunk, and minced. By sales channel, the market is segmented into hypermarket/supermarket, specialty stores, online stores, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
By Nature
Based on nature, the farmed segment dominated the global canned salmon market in 2020 and is anticipated to maintain its dominance during the forecast period. Farmed salmon offers several advantages, including a stable supply and more controlled production processes, ensuring consistent quality and availability. The ability to scale production in controlled environments allows for meeting the increasing global demand for canned salmon. In addition, farmed salmon is more affordable compared to wild-caught alternatives, which has made it more accessible to a wider consumer base. This price advantage, along with the increased efficiency in farming practices, has contributed to its widespread use in canned products. The growth of the global market is largely supported by the ability of farmed segment to meet rising demand, particularly in emerging markets where seafood consumption is increasing. As demand for convenient, protein-rich foods continues to rise, the farmed segment is expected to remain a key contributor to market expansion, maintaining its leading position.
By Nature
Farmed was the fastest growing market.
By Distribution Channel
Based on distribution channel, the hypermarkets/supermarkets segment dominated the global canned salmon market in 2020 and is anticipated to maintain its dominance during the forecast period. These retail outlets offer a vast selection of canned salmon brands and varieties, which makes it easy for shoppers to find products that suit their preferences. With the ability to purchase in bulk, hypermarkets and supermarkets provide cost-effective options, that helps attract price-conscious customers. The strategic location of these stores, along with attractive promotional offers, encourages impulse buying. Moreover, the growth of organized retail and enhanced shopping experiences has increased consumer footfall in these stores. These factors, along with their reliable supply chain and consistent product availability, contribute to the dominance of the hypermarkets/supermarkets segment in the global market. Furthermore, the convenience, variety, and accessibility provided by these retail channels is anticipated to drive sales volume and market share.
By Sales Channel
The online channels segment was the fastest growing segment.
By Type
Based on type, the canned salmon market is divided into fillet, chunk, and minced. Most consumers prefer salmon fillet as it can be utilized in a variety of cuisines and has a pleasing appearance when served. But chunk style canned salmon is growing fastest in the coming years, owing to the reasons such as use of chunk style in different cuisines and also chunks are being used in pet food more recently. Also chunk style canned salmon is better for preparing different salads. All these above factors lead to the growth of fillet segment during the forecast period.
By Type
The Chunk segment was the fastest growing segment.
By Region
Region-wise, Asia-Pacific has led the major market share during the forecast period. The growing middle class in countries such as China, Japan, India, and Southeast Asian nations has increased the demand for convenient and healthy food options, including canned seafood. With growing awareness of the nutritional benefits of fish, particularly omega-3 fatty acids, canned salmon is becoming a preferred choice for many consumers in the region. In addition, the increase in seafood consumption, combined with the rise of western food trends, further supports the growth of the canned salmon market. Government initiatives promoting protein-rich diets also play a role in promoting demand for canned salmon, contributing to dominance of Asia-Pacific in the global market.
By Region
Asia-Pacific was the most prominent regional segment.
The analysis focuses on the canned salmon market growth prospects, restraints, and opportunities of the global market. The study provides Porter’s five forces analysis to understand the impact of various factors such as competitive intensity of competitors, bargaining power of suppliers, threat of substitutes, threat of new entrants, and bargaining power of buyers of the market.
Competition Analysis
Some of the major players profiled for in the canned salmon market analysis include Thai Union Group PCL, Maruha Nichiro Corporation, Tassal Group Limited, Bumble Bee Foods, LLC, Austevoll Seafood ASA, Crown Prince, Inc., Wild Planet Foods, Inc., Mitsubishi Corporation, Vital Choice Seafood & Organics, SPC, Trident Seafoods Corporation., Nippon Suisan Kaisha, Mowi (Marine Harvest), Dongwon Enterprise, Red Chamber Group, SkrettingCargill Aqua Nutrition, Kyokuyo, Charoen Pokphand Foods, Marubeni Corporation, Pacific Seafood, Cooke Aquaculture Inc., Schouw Co., Tri Marine Group, SalMar ASA.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging canned salmon market trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing canned salmon market opportunities in the market.
The canned salmon market forecast is offered along with information related to key drivers, restraints, and opportunities.
The market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Canned Salmon Market Report Highlights
| Aspects | Details |
 By NATURE |
|
 By Type |
|
 By SALES CHANNEL |
|
 By Region |
|
 Key Market Players | TASSAL GROUP LIMITED, MARUHA NICHIRO CORPORATION, WILD PLANET FOOD, AUSTEVOLL SEAFOOD ASA, THAI UNION GROUP PCL., MITSUBISHI CORPORATION (PRINCES LIMITED), TRIDENT SEAFOODS CORPORATION, CROWN PRINCE, INC., BUMBLE BEE FOODS, LLC., VITAL CHOICE WILD SEAFOOD & ORGANICS, SPC |
Analyst Review
According to CXOs, growth in urbanization and globalization, as well as an increase in disposable income, play a vital role in shifting food habits around the world, fueling consumer demand for unique cuisines. As a result, customers are more conscious of the food products they consume on a daily basis. This has created market demand for manufacturers to provide consumers with detailed nutritional content of the product. John West and Bumble Bee Foods introduced a new technology called traceability. With this invention, consumers learn more about the origins of their salmon inside the package by using the 'Can Tracker,' which traces the origin of each can of salmon back to the ocean. Hence, such improvements from manufactures to meet the consumer need are expected to boost the canned salmon market growth.
Consumers today increasingly look for organic food and food products that have organic preservatives. Salmon grown organically in controlled environment and on organic feed is free from toxicity of antioxidants and due to this organically grown salmon consumers tend to prefer the canned salmon product prepared from such salmon. As canned salmon is a precooked and packaged food, it contains additives to enhance its quality and shelf life. Essential oils, plant extracts, hydrocolloids, phenolic compounds, and other plant-derived natural substances are widely used in seafood preservation. Their high antibacterial and antioxidant properties suggest that they could be useful in the food business. For instance, canned salmon products are induced with oregano, garlic, and lime extract to improve shelf life by antibacterial and antioxidant activity. Such organic preservatives are accepted by consumers and thus the sale of canned salmon is expected to grow during the forecast period.
Canned Salmon Market will expand at a CAGR of 5.1% from 2021-2030.
The market value of canned salmon by end of 2030 will be $5,431.2 million.
Social media Influence • Expansion of the seafood industry • Increase in hospitality industry • Growing notion of health benefits of salmon • Innovations in product offerings
The leading players in canned salmon market are as follows.Thai Union Group PCL, Maruha Nichiro Corporation, Tassal Group Limited, Bumble Bee Foods, LLC, Austevoll Seafood ASA, Crown Prince, Inc., Wild Planet Foods, Inc., Mitsubishi Corporation, Vital Choice Seafood & Organics, SPC, Trident Seafoods Corporation., Nippon Suisan Kaisha, Mowi (Marine Harvest), Dongwon Enterprise, Red Chamber Group.
The segments of canned salmon market are, By nature, By type, and By sales channel.
The key growth strategies of canned salmon market player are as follows, sustainability, joint venture, divestiture, and product launch.
By type fillet segment exhibit the highest share from 2021-2030.
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