According to Mordor Intelligence, the salmon market size is projected to expand from USD 17.1 billion in 2025 and USD 18.3 billion in 2026 to USD 25.9 billion by 2031, registering a CAGR of 7.2% between 2026 to 2031.
This report is Segmented by Geography (North America, South America, Asia-Pacific, Europe, and More). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Import Analysis (Value and Volume), Export Analysis (Value and Volume), Wholesale Price Trend Analysis, List of Key Players, and More. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).
Global Salmon Market Trends and Insights
Expanding Cold-Chain Infrastructure in Emerging Economies
Multi-temperature logistics hubs commissioned across Southeast Asia and East Africa after 2024 increased the fresh-salmon shipping window from 48 hours to 72 hours, allowing direct-to-retail distribution that earns a 15% to 20% premium over frozen product[1]. Kenya's 12,000-pallet Mombasa site and the Philippines' National Cold Chain Roadmap, which allocates PHP 8 billion (approximately USD 143 million), have unlocked underserved tier-2 cities. Saudi Arabia's Public Investment Fund co-financed last-mile fleets, which keep spoilage below 2%, thereby reinforcing the Kingdom's 19% production CAGR goal. Rising incomes, especially in secondary Asian cities, are shifting consumption toward portion-controlled fresh packs, prompting producers to place land-based farms within 500 kilometers of supermarkets.
Growing Consumer Preference for Healthy Animal Protein
Farmed Atlantic salmon contains 2.0-2.5 grams of omega-3 per 100 grams, aligning with American Heart Association guidance and supporting a 12% rise in United States per-capita intake to 2.55 pounds in 2025. Japanese imports reached 312,000 metric tons as fresh Atlantic salmon displaced local species in sushi and sashimi due to year-round supply and consistent marbling in 2025. Urban Chinese shoppers increased e-commerce purchases by 18% annually, repositioning salmon as a regular protein source rather than a holiday treat. Retailers in North America and Europe now require labels from the Aquaculture Stewardship Council or Global Good Agricultural Practices (GlobalG.A.P.), embedding sustainability in the health narrative and widening price premiums for certified fish.
Escalating Prevalence of Sea-Lice and Related Treatment Costs
Sea-lice infestation in Norway averaged 0.45 adult females per fish in 2025, more than double the regulatory trigger, adding USD 0.30 to USD 0.50 per kilogram in delousing cost. Thermal barges cost USD 3 to USD 5 million and add USD 0.15 per kilogram in operating expense, while cleaner-fish programs face winter mortality above 20%. Heightened environmental scrutiny of azamethiphos reduces chemical options, nudging capital toward closed-containment and offshore cages that demand 50% to 80% higher capital outlays.
Other drivers and restraints analyzed in the detailed report include:
- Technological Advances in Recirculating Aquaculture Systems
- Sustainability Certifications Influencing Buyer Decisions
- Volatility in Fish-Meal and Fish-Oil Prices
For complete list of drivers and restraints, kindly check the Table Of Contents.
Complete Report Scope:
- By Geography
- North America
- United States
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Canada
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Europe
- Norway
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- United Kingdom
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Russia
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- France
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Spain
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Italy
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Netherlands
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Greece
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Asia-Pacific
- China
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Japan
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Australia
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- South America
- Brazil
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Chile
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Middle East
- Saudi Arabia
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- United Arab Emirates
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- Africa
- Egypt
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
- South Africa
- Production Analysis (Production Volume)
- Consumption Analysis (Consumption Value and Volume)
- Import Market Analysis (Import Value, Volume, and Key Supplying Markets)
- Export Market Analysis (Export Value, Volume, and Key Destination Markets)
- Wholesale Price Trend Analysis and Forecast
- Regulatory Framework
- List of Key Players
- Logistics and Infrastructure
- Seasonality Analysis
Geography Analysis
Europe accounted for 56.0% of the salmon market value in 2025, with Norway contributing the largest share due to sustained export demand and premium pricing driven by tight global supply. The region's dominance is further supported by strong consumer preference for salmon as a healthy protein source. Additionally, advancements in aquaculture technology have increased production efficiency, bolstering Norway's market position.
South America, led by Chile as the dominant producer and exporter, faces environmental challenges such as harmful algal blooms and stricter sanitary-distance regulations enforced by Servicio Nacional de Pesca y Acuicultura. Despite these challenges, the region's growth is supported by producer investments in offshore concessions and recirculating hatcheries aimed at mitigating disease risks and improving survival rates. Brazil's increasing consumption of Chilean salmon underpins stable export demand, as urban households incorporate salmon into regular meal plans. North America's market share in 2025 expanded due to land-based recirculating-system projects that bypass traditional net-pen constraints. However, Canadian producers face mandated transitions to closed-containment systems, which may temporarily disrupt production capacity.
The Middle East is projected to achieve the fastest growth among all regions, with a CAGR of 9.4% through 2031. This growth is driven by sovereign wealth co-investments in large-scale land-based facilities that utilize desalination brine as feedwater to meet stringent environmental regulations. Greenfield recirculating aquaculture projects in Saudi Arabia and the United Arab Emirates are transitioning from pilot to commercial scale, positioning the region as an emerging production hub with near-market delivery advantages. Asia-Pacific is the second-fastest-growing region globally, driven by China's licensing of coastal recirculating facilities that bypass import tariffs and reduce cold-chain lead times. In Japan, omega-3 dietary guidelines sustain retail demand for fresh Atlantic salmon, particularly for premium sushi applications. Africa's contribution to the salmon market remains modest, supported by investments in cold-chain infrastructure that enhance distribution efficiency. However, domestic production is negligible, and the region relies predominantly on imports to meet urban demand.
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support