2024 Salmon Fish Outlook: Insights for Strategic Decision-Making

The global salmon fish market is a significant segment of the seafood industry, driven by the rising demand for healthy, protein-rich, and omega-3-rich food options. As consumer interest in clean-label and environmentally responsible food products grows, the demand for sustainably sourced salmon continues to expand in major markets. 

Salmon Fish Market Statistics (2024)	Predictions and Insights	Source
1. In 2023, Australia exported fish worth 280 million USD; on the contrary, imported fish worth 49.9 million USD.	This balance points to potential growth in the export market for premium fish like salmon, as Australia may continue to leverage its high-quality, sustainably sourced seafood to meet rising international demand, particularly in Asia.	Contact us to view the source.
2. Denmark imported fish & fish products worth 1.09 billion USD in 2023.	This demand for high-quality seafood, including salmon, is expected to rise steadily, driven by consumer preference for healthy protein sources and sustainably sourced products.	Contact us to view the source.
3. Norway exported 1.3 million tons of salmon in 2022, valued at 9.2 billion USD, making it the largest exporter of salmon globally.	This underscores its dominance in the global salmon market, driven by its advanced aquaculture practices and strong sustainability initiatives.	Contact us to view the source.

Salmon Fish Market – Key Takeaways

The salmon fish market is poised for continued growth, fueled by health-conscious consumers, advancements in aquaculture, and a global shift toward sustainable seafood practices. While challenges such as environmental impact, price volatility, and regulatory pressures persist, innovations in sustainable farming and value-added products are expected to enhance the market’s resilience.