Market Introduction:

Salmon is the common name for several species of the family Salmonidae (e.g. Atlantic salmon, Pink Salmon). However, Organic salmon are grown in farms which are necessarily required to maintain specified stocking densities which decreases the overall environmental impact with less dry matter effluent. Organic Salmon are grown using approved certified organic feed. Organic Salmon is a popular food since it is considered to be healthy due to its high content of protein and Omega-3 fatty acids and is also a popular source of vitamins and minerals. Over the past few decades, there has been a considerable increase in the total and per capita fish supply. As the fastest growing animal based food producing sector aquaculture is a major contributor to this. In addition to its resource efficient production, organic Salmon is also a climate friendly protein source. The background of this trend is that the Global Organic Salmon market has reached a production level where biological boundaries are being pushed. It is therefore expected that the future growth can no longer be driven only by the industry and regulators as measures are implemented to reduce its biological footprint. This requires a progress in technology and improvements, implementation of increased industry regulations and intercompany cooperation.

Global Organic Salmon Market: Segmentation

Global Organic Salmon Market can be segmented on the basis of Product type, Product form, end use, species and sales channel

On the basis of product type, Global Organic Salmon Market can be segmented into Wild and Farmed. The commercial Organic Salmon market is dominated by the farmed category salmon which accounts for almost two third of the total production of the Organic Salmon.

On the basis of product form, Global Organic Salmon Market can be segmented into Fresh, Canned and Smoked Organic Salmon.

Global Organic Salmon Market can be further segmented on the basis of end use into Commercial and Household.

Global Organic Salmon Market can be further segmented on the basis of species into Chinook Salmon, Coho Salmon, Pink Salmon, Sockeye Salmon, Atlantic Salmon, Chum Salmon where the Atlantic Salmon holds the largest market share and expected to grow at a considerable rate in the forecast period.

On the basis of sales channel Global Organic Salmon Market can be further segmented into direct and indirect. The indirect sales channel can be further sub segmented into Supermarket, hypermarket, specialty stores, convenient stores and online retailers.

Global Organic Salmon Market: Drivers, Restraints, and Trends

Great progress in the breeding technologies, system design and feeding technology over the last decade has fueled the expansion of the Global Organic Salmon market. The increase in the global population at an unprecedented speed, resulting in the increased consumption of high quality protein is also expected to drive the market. The health benefits of the Organic Salmon are increasingly being promoted by global health authorities which is expected to result into an increased Global Organic Salmon sales.

As Organic Salmon is perishable and marketed fresh, all production in one period has to be consumed in the same period. In short term, the production level is difficult and expensive to adjust as the production cycle is three years long. Therefore the supply quantity is very inelastic in short term, while demand also shifts seasonally which can be restraint to market growth.

Global Organic Salmon Market: Regional Outlook

Depending on the geographic regions, Global Organic Salmon Market is segmented into seven key regions: North America, Latin America, West Europe, East Europe, Asia pacific excluding Japan, Japan and MEA.

The Organic Salmon Market is expected to experience a global increase in the consumption level. The per capita consumption is expected to increase in all the regions in the forecast period.

Asia Pacific is expected to witness the highest growth, whilst only slight growth is expected in Middle East and Africa.

In general, per capita organic Salmon consumption is likely to grow faster in developing countries. However, the more developed economies are expected to have the highest per capita consumption.

Global Organic Salmon Market: Key Players

Some of the prominent players of Global Organic Salmon Market are: Cooke Aquaculture Scotland, Glenarm Organic Salmon, Highland Smoked Salmon, Kinvara Smoked Salmon, Creative Salmon, JCS Fish Limited and others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Enquiry Before Buying

TMR offers Enquiry Before Buying that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Organic Salmon Market