According to the Market Statsville Group (MSG), the Global Frozen Organic Salmon Market size is expected to grow at a CAGR of 13.1% from 2023 to 2033.
Frozen organic salmon are fed a diet free from synthetic chemicals and antibiotics. The salmon are raised in aquaculture environments that prioritize sustainability and minimal environmental impact. In other words, every diet of this fish should be certified organic with no growth hormones, chemicals, or GMOs (genetically modified organisms). After harvest, the fish are frozen in order to provide freshness and preserve their nutritional content. This freezing process is kept at extremely low temperatures, around -20 degrees Celsius, which restricts the growth of harmful bacteria and extends the shelf life of the salmon. Thus the organic frozen salmon can be stored for a longer period without affecting its taste and nutritional value.
The growing awareness of consumers regarding health and the environment is the major driving factor for the market’s growth. Frozen organic salmon is healthy due to the absence of any synthetic chemicals, or antibiotics, and the use of organic farming practices. Consumers are prone to food that is sustainable, natural, and nutritious. However, this raises an environmental concern of freezing organic salmon fish which restrains the market’s growth. On the contrary, the convenience offered by frozen organic salmon and easy access to high-quality salmon across any part of the world creates a positive outlook for the market’s growth over the forecast period. This convenience and families who want to incorporate healthy and sustainable proteins into their diets upsurge the demand for organic salmon. In addition, the growing popularity of home cooking and the desire to prepare gourmet meals at home fostered the demand for the frozen organic salmon market. The growing consumer preference to purchase from supermarkets and online stores further fuels the market’s growth.
Based on type, the market is divided into organic Atlantic salmon, and others. The organic Atlantic salmon dominated the market share in 2023. Atlantic salmon is one of the most consumed species of salmon globally. It has a mild, delicate flavor and tender, flaky texture, highly preferred by various consumers over other salmon varieties. Organic farms producing Atlantic salmon prioritize environmentally friendly methods, such as low-density aquaculture and careful waste management, which attract a huge number of customers leading to the market’s growth. Also, Atlantic salmon is considered a premium quality product which is another factor contributing to the demand for frozen organic Atlantic salmon market.
Based on the regions, the global frozen organic salmon market has been segmented across Europe, North America, Asia-Pacific, South America, and the Middle East & Africa. Europe accounted for the largest market share around 40% in 2023. The European Union has stringent regulations and certifications for organic products, which provide consumers with a conscience for the quality and authenticity of frozen organic salmon. The growing demand for high-quality and certified organic products along with prioritizing the environment and animal welfare are the factors that drive the market’s growth in the region. Also, the convenience of frozen organic salmon with extended shelf life is another factor contributing to the market’s growth. The COVID-19 pandemic has accelerated home cooking trends resulting in more gourmet dishes at home significantly fostering the market’s growth. Further, the easy availability of frozen organic salmon in European supermarkets and via e-commerce platforms accelerated the market’s demand over the forecast period.
The Major key players in the global frozen organic salmon market are:
This market research study categorizes the frozen organic salmon market-based on type, and application area at the regional and global levels.
Frequently Asked Questions
The global frozen organic salmon market has a potential to grow at a CAGR of 13.1% from 2023 to 2033.
The main players involved in the market are SalMars, Villa Seafood AS, Eversfield Organic, Ocado, SNEICO, DOM International, Lerøy Seafood Group, Cooke Aquaculture, Glenarm Organic Salmon, The Irish Organic Salmon Company, Flakstadvåg laks AS, AquaChile (Agrosuper), Creative Salmon, among others.
Opportunities in the frozen organic salmon market include growing consumer demand for healthy and sustainable seafood options, while risks entail potential supply chain disruptions, price volatility, and competition from non-organic alternatives.
Key trends, innovations, and technological advancements shaping the frozen organic salmon market include blockchain traceability systems, sustainable packaging solutions, and aquaculture automation to enhance efficiency and transparency in production and distribution while reducing environmental impact.
Consumers in the frozen organic salmon market are increasingly prioritizing online shopping for convenience, seeking product certifications to ensure authenticity, and favoring sustainable and eco-friendly packaging, reflecting their commitment to health, ethical consumption, and environmental responsibility.
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