The Europe Canned Salmon Market would witness market growth of 4.4% CAGR during the forecast period (2021-2027).
Salmon contains a variety of nutrients, including vitamin B12 and omega-3 fatty acids, in addition to protein. Vitamin B aids in the conversion of food into energy and the proper functioning of the neurological system and brain. The omega-3 fatty acids aid in the reduction of inflammation, the reduction of disease risk factors, and the reduction of blood pressure. As a result, salmon's nutritional benefits are increasing demand for canned salmon among health-conscious consumers.
Consumers are drawn to canned salmon because of its remarkable versatility. It has a distinct flavor that is less fishy than other species of fish. It can be smoked, sautéed, grilled, cooked, or poached, among other options. As a result, demand for canned salmon for breakfast and salads has increased.
The region is witnessing rising seafood consumption in order to lower the risk of heart disease. Additionally, consumer demand for polyunsaturated fatty acids has increased as a result of the high presence of these acids in fish and other seafood. Moreover, Demand for sustainable canned seafood is predicted to rise as the popularity of sustainable seafood products grows in Germany, the United Kingdom, and France.
The Germany market dominated the Europe Canned Salmon Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $420.4 million by 2027. The UK market would showcase a CAGR of 3.6% during (2021 - 2027). Additionally, The France market is anticipated to grow a CAGR of 5.1% during (2021 - 2027).
Based on Nature, the market is segmented into Farmed and Wild. Based on Sales Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty Stores, Online Channels and Others. Based on Type, the market is segmented into Fillet, Chunk, and Minced. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Canned Salmon Market Size will Hit $4.2 Billion by 2027, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Crown Prince, Inc., Maruha Nichiro Corporation, Tassal Group Limited, Austevoll Seafood ASA (Lerøy Seafood Group ASA), Vital Choice Wild Seafood & Organics (1-800-Flowers.com, Inc.), Trident Seafoods Corporation, Mitsubishi Corporation, Thai Union Group PCL, Wild Planet Foods, Inc., and F.C.F. Fishery Co., Ltd. (Bumble Bee Foods, LLC).
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