The Latin America salmon market size reached US$ 2.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.63% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.6 Billion |
Market Forecast in 2032
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US$ 3.9 Billion |
Market Growth Rate (2024-2032) | 4.63% |
Salmon is a common fish that belongs to the Salmoniformes family. It is usually found in the Northern Atlantic and Pacific oceans. Salmon is considered a functional food as it contains a high amount of calcium, iodine, vitamin D and B3, zinc, protein, and omega-3 fatty acids. In Latin America, the demand for salmon has increased as it is utilized in an array of dishes, including pasta, sushi, burgers, salads, tartar, and tacos.
The Latin America salmon market is primarily driven by the high nutritional content present in salmon. Besides this, the increasing working population and their busy schedules have also increased the sales of ready-to-eat (RTE) and easy-to-cook food products like frozen and canned salmon. Furthermore, several health benefits offered by salmon, such as improved bone and brain health, weight management, lowered risk of cardiovascular diseases, relived eye fatigue, reduced blood pressure level and enhanced overall health, have also escalated its demand across the region. Apart from this, the rising health consciousness, inflating disposable incomes and growing living standards have also propelled the growth of the market.
IMARC Group provides an analysis of the key trends in each segment of the Latin America salmon market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, species, end product type and distribution channel.
Breakup by Type:
Breakup by Species:
Breakup by End Product Type:
Breakup by Distribution Channel:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Type, Species, End Product Type, Distribution Channel, Country |
Countries Covered | Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |