Global salmon market forecast

Published 2024년 9월 17일

Tridge summary

Demand for salmon is on the rise, particularly in the foodservice and sushi restaurant sectors of Europe, North America, and Asia, leading to an anticipation of higher salmon prices in the first half of 2025. The production level will be influenced by the maximum legal biomass and water temperature. Approximately 60% of the annual volume will be harvested in the second half of 2025. Consumers are expected to see promotions and advertising campaigns for farmed salmon in food retail, as prices will need to compete with those of beef, pork, and poultry. Producers will strive to increase contracts with food retail buyers in anticipation of higher catch volumes and a more competitive and volatile market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the same time, demand for salmon has recovered, especially from the foodservice and sushi restaurant segments in Europe, North America and Asia (China and Hong Kong), which are looking for high-quality products, so higher salmon prices can be expected in the first half of 2025. Ultimately, however, aspects such as the maximum legal biomass and water temperature will determine the final production level. A good 60% of the annual volume will be harvested in the second half of 2025, with food retail becoming an increasingly important sales channel for consumers. With the expected higher catch volumes, consumers can look forward to promotions and advertising campaigns for farmed salmon in food retail. Last but not least, salmon prices will also have to compete with those of beef, pork and poultry. Overall, a more competitive and volatile salmon market ...
Source: Fishretail

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