Market Overview
The Europe salmon market size reached 1,829,450 Tons in 2024 and is projected to grow to 2,362,290 Tons by 2033, exhibiting a CAGR of 2.74% during 2025-2033. This growth is driven by increasing health consciousness, rising salmon farming practices, and a thriving food and beverage industry. Demand for smoked salmon and sustainable farming practices also contribute to this expanding market.
Study Assumption Years
- Base Year: 2024
- Historical Years: 2019-2024
- Forecast Period: 2025-2033
Europe Salmon Market Key Takeaways
- The Europe salmon market size reached 1,829,450 Tons in 2024.
- The market is expected to grow at a CAGR of 2.74% during 2025-2033.
- The market forecast volume is 2,362,290 Tons by 2033.
- Farmed salmon represents the largest type segment.
- Atlantic species accounts for the largest market share.
- Frozen salmon holds the largest share among end product types.
- Foodservice is the dominant distribution channel.
- Spain is the largest regional market, driven by high seafood demand and rising health awareness.
Sample Request Link:
https://www.imarcgroup.com/europe-salmon-market/requestsample
Market Growth Factors
Growing health consciousness among consumers is the main reason for the growth of the Europe salmon market. Salmon is a source of protein, omega-3 fatty acids, and vitamin B12 and vitamin D. Salmon helps in DNA synthesis, metabolism of thyroid hormones, reproductive health, and the proper function of cardiovascular system and reduces blood pressure and stroke risk. European consumers are becoming increasingly aware of these health benefits.
The aquaculture industry is increasingly using sustainable practices to limit the carbon footprint of salmon production. New feeds for salmon to replace fishmeal, made from less environmentally destructive ingredients, have been developed. Sustainability-conscious consumers want ethical and transparent farming, which becomes a dominant trend in salmon farming in Europe.
Sales growth through e-commerce and online retail is further driving demand as consumer preference for home delivery of fresh or frozen salmon increases. This trend is driven by changing consumer preferences including a greater focus on quality and convenience, and retailers investing in infrastructure to preserve product quality, reach consumers, and expand their market.
Market Segmentation
- Type: The market is segmented into farmed and wild captured salmon, with farmed salmon representing the largest segment.
- Species: Segmented into Atlantic, pink, chum/dog, coho, sockeye, and others; Atlantic dominates the market share.
- End Product Type: Includes frozen, fresh, canned, and others. Frozen salmon accounts for the largest share.
- Distribution Channel: Segmented into foodservice and retail, with foodservice showing a clear lead.
Regional Insights
Spain is the largest market for salmon in Europe, driven by its high seafood consumption rates, rising health consciousness, and significant role in seafood processing and distribution. The market in Spain contributes notably to the overall European salmon demand and growth dynamics.
Recent Developments & News
- In March 2025, Hurtigruten, a Norwegian coastal shipping company, announced serving pink (Pacific) salmon on its cruise ships, highlighting environmental benefits of controlling this invasive species.
- In February 2025, Salmon Evolution partnered with Lofotprodukt to launch a smoked salmon consumer pack under the Lofoten brand, available in NorgesGruppen’s Meny stores and select Spar locations.
- In December 2024, Norwegian producer Nordlaks reported record-high operating revenue of NOK 5.53 Billion (USD 536 Million), a 15% increase from 2023, fueled by higher salmon prices and favorable exchange rates, harvesting 49,607 tons of salmon.
Key Players
- Hurtigruten
- Salmon Evolution
- Lofotprodukt
- Nordlaks
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Request For Customization:
https://www.imarcgroup.com/request?type=report&id=3771&flag=E
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302
