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.
Technavios 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.
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?
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