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Rising Consumption Of Seafood By The Global Population Is Driving The Sales Of Alaskan Salmon

The Alaskan salmon market is a significant contributor to the global seafood industry. Alaska is one of the world’s largest producers of wild salmon, and the state’s salmon fisheries account for a substantial portion of the world’s total wild salmon catch. The Alaskan salmon market is primarily composed of five species of salmon: Chinook (also known as king), Coho, Sockeye (also known as red), Pink (also known as humpback), and Chum (also known as dog). These salmon species are harvested from the waters surrounding Alaska, including the Bering Sea, the Gulf of Alaska, and the North Pacific Ocean.

The Alaskan salmon market is divided into two primary segments: the fresh market and the frozen market. The fresh market accounts for a relatively small portion of the total market, as most Alaskan salmon is frozen shortly after being caught to preserve its quality and freshness. Frozen Alaskan salmon is sold both domestically and internationally, with the largest export markets being Japan, China, and South Korea. The Alaskan salmon industry is highly regulated, with strict quotas and fishing regulations in place to ensure the sustainability of the fishery. The industry is also subject to strict food safety and quality control standards, which have helped to maintain the reputation of Alaskan salmon as a premium seafood product.

Overall, the Alaskan salmon market is a vital component of Alaska’s economy and a significant contributor to the global seafood industry.

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Key findings of the Alaskan Salmon market study:

  • Regional breakdown of the Alaskan Salmon market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Alaskan Salmon vendors in detail.
  • Region-wise and country-wise fragmentation of the Alaskan Salmon market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Alaskan Salmon market.
  • Alaskan Salmon price, market share, and Trends forecast for assessment period 2018-2028

Competitive landscape analysis

The market survey conducted by fact.mr offers key developments and challenges affecting the pharmaceutical industry, subsequently influencing demand and sales in the Alaskan Salmon market. To study competitive trends across the industry, the report profiles some of the leading players operating in the Alaskan Salmon market including

Pure Alaska Salmon Co LLC, Wild Alaska Salmon & Seafood Company., Alaskan Salmon Company, The Wild Salmon Co, Wild Alaskan, Inc. and other global and local players.

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Report benefits & key questions answered

  • Alaskan Salmon historical market outlook: the market intelligence survey report discloses the demand and sales projections of Alaskan Salmon over the last forecast period 2016 to 2020.
  • Post impact of covid on the Alaskan Salmon market: the pharmaceutical industry has been largely influenced by covid-19 pandemic. The fact.mr market survey assesses how current trends that will influence expenditure on Alaskan Salmon, thus affecting the market growth.
  • Alaskan Salmon market trend analysis: the report provides in-depth overview of the past, recent, and upcoming trends in the Alaskan Salmon market to assist the businesses to formulate their strategies for expansion.
  • Alaskan Salmon category & segment level analysis: fact.mr’s category & segment level analysis provides insights into Alaskan Salmon sales outlook on lucrative and nascent product types. The report assists the market players to identify potential remunerative segments and set sales targets at local, country, and regional level.
  • Alaskan Salmon company & brand share analysis: the report discloses the competitiveness of the Alaskan Salmon market and highlights the market share captured by tier 1, tier 2, and tier 3 players operating in the landscape.

Global Alaskan Salmon Market Segmentation

Global Alaskan salmon can be segmented on the basis of species, nature and sales channels.

On the basis of species Alaskan salmon can be further segmented as

  • King (Chinook) Alaskan Salmon
  • Sockeye (red) Alaskan salmon
  • Coho (silver) Alaskan salmon
  • Chum (Keta) Alaskan salmon
  • Pink (humpy) Alaskan salmon.

Pink (humpy) Alaskan salmon leads in terms of market share followed by sockeye and keta Alaskan fish.

On the basis of nature Alaskan salmon can be further segmented as

  • Wild
  • farmed.

Wild Alaskan salmon is mostly preferred due to less fat content compared to farmed fish. Also farmed fished are often exposed to many toxins, chemicals, and antibiotics affecting its overall demand.

On the basis of sales channel, Alaskan salmon market can be further segmented as

  • grocery store
  • hypermarkets & supermarkets
  • online channels.

Grocery store leads in terms of market share for global Alaskan salmon market whereas online channels is forecasted to register highest growth.

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