A bullish global salmon production growth through 2033

A new long-term analysis by data firm Kontali is projecting the salmon industry is poised to have a “turnaround” and see big increases in production over the next several years. The new long-term analysis by the company projects salmon production will increase by 27 percent by 2030 and as much as 40 percent by 2033. The company said enhancements in fish health, strategic investments, and an increase in land-based production will all contribute to the improvement. "The projected 27 percent growth in global salmon production by 2030 marks a pivotal moment for the industry,” Kontali Senior Financial Analyst Filip Szczesny said. “Investments in fish health and land-based production are key drivers, but overcoming regulatory and environmental challenges will be crucial to realizing this potential." The new long-term forecast said regulatory limits, along with environmental regulations, are the biggest challenges to growth in the salmon industry. The forecast mirrored comments made by ...