USA: Popularity of sushi helping drive growth in salmon sales
Salmon
Published Jan 25, 2024
Tridge summary
The Global Seafood Market Conference has revealed a steady growth in the salmon market over the past five years. Data indicates that fresh, frozen, and canned salmon have all increased in value, with fresh salmon sales volume growing by 20.5% and value by 38.6%, and frozen salmon volume growing by 15.8% and value by 56.7%. This growth is largely due to the rising popularity of sushi, particularly among younger consumers.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Continued penetration across multiple markets has helped power salmon to be one of the few species to see steady growth even in the face of economic headwinds. A panel of experts, speaking during the Global Seafood Market Conference on 24 January in Orlando, Florida, U.S.A., noted the impressive growth salmon has experienced over the past five years. Data shared from Circana showed that over the past five years, fresh, frozen, and canned salmon all saw growth by value.“When we compare the last five years cross both dollars and volume for fresh and frozen, and at least for dollars on the canned side, all have been up and up exponentially,” Circana Principal and Team Lead Melissa Rodriguez said.Fresh salmon, over the course of the last five years, has grown in sales volume by 20.5 percent, and in sales value by 38.6 percent, while frozen salmon grew in volume by 15.8 percent, and in value by a whopping 56.7 percent, according to the Circana data. That growth stems from a wide number ...
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