The Smoked Salmon Market | United States

The USA is one of the largest seafood markets in the world, both from a catch and consumption perspective.  The growth in the industry can be evaluated from the fact that the sales of fresh pre-packed Salmons in product weight went from around 500 metric tonnes in 2012 to about 7000 metric tonnes in 2015, recording an increase of 1300% in just three years.

The US seafood industry generated revenue of USD 104 billion in sales with retail sector accounting for 58.5% of these sales and 62.5% of the income contributions.  The fresh section of the market at USD 2.5 billion is about 40% while the pre-pack is just 5% which accounts for 10000-15000 tonnes, a small fraction of the overall market. Furthermore, if the US salmon industry follows the footsteps of growth seen in Germany, the industry can witness a growth up to 200,000 tonnes by 2021, a 1900% increase.

The seafood industry in Alaska is among its most important industries with regards to economic activities. It also accounts for more than half of the exports of the state’s total value of exports.

At present, the US stands as the largest market for smoked salmons which is, however, based on Americans consuming a small portion of 140 grammes a month. If this portion is increased up to five portions a month, this demand will eventually reach to 2.62 million metric tonnes by 2020, way over the global production. The anticipated increase in the demand will most likely spur the growth opportunities of imports further paving the way for sea food trading companies.

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Acme Smoked Fish Corp

  • Country : United States
  • Turnover : USD 20.905 million
  • Position : Founded by Harry Brownstein and Mike Seltzerman, Acme Smoked Fish Corp provides premium seafood specialities.

Yahmon Salmon

  • Country : United States
  • Turnover : USD 110,000
  • Position : A small business organisation that just made its way into the industry in 2010, Yahmon Salmon provides wholesome products free of preservatives.

Marine Harvest

  • Country : Norway
  • Turnover : USD3.37 billion
  • Position : Operating in Norway, Scotland, Canada, the Faroe Islands, Ireland and Chile; Marine Harvest’s primary interest lies in production, processing and sale of farmed salmon.

Ocean beauty sea foods

  • Country : United States
  • Turnover : USD 453.873 million
  • Position : Began in 1910, Ocean Beauty Seafood LLC offers high-quality sea food products.

Scotch Smoked Salmon Co Ltd

  • Country : St. Pierre & Miquelon
  • Turnover : USD 616297
  • Position : Started in 1987 by Simon and Jackie wane, the company has built up an enviable reputation for quality.

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