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The global market is expected to reach US$4.
5 billion this year, and canned food sales will continue to grow
.
Consumers are more concerned about where their seafood comes from.
Wild Pacific salmon is the first choice, with the highest market share this year, close to 82%
.
Boneless/skinless is the preferred canned food.
It is estimated that by 2031, sales of this type of products will grow at an annual rate of nearly 7%
.
Wild Pacific salmon is the first choice, with the highest market share this year, close to 82%
.
Boneless/skinless is the preferred canned food.
It is estimated that by 2031, sales of this type of products will grow at an annual rate of nearly 7%
.
Overall, wild canned salmon is expected to account for 67% of the global market and 62% of total North American sales
.
.
This is good news for Alaska salmon, because Alaska has more than 95% of the country's wild salmon
.
.
The demand for canned pink salmon is expected to be the highest, with a market share of 34.
5% this year and an annual growth rate of more than 7% in the global market
.
Canned sockeye salmon is the second best-selling product, especially in Europe
.
Coho salmon is also expected to achieve strong growth globally
.
5% this year and an annual growth rate of more than 7% in the global market
.
Canned sockeye salmon is the second best-selling product, especially in Europe
.
Coho salmon is also expected to achieve strong growth globally
.
Canned salmon began in Alaska in the 1870s.
By the beginning of the 20th century, it had become the state’s largest industry, generating 80% of local taxes
.
At that time, its status in the national economy was the same as today's oil
.
By the beginning of the 20th century, it had become the state’s largest industry, generating 80% of local taxes
.
At that time, its status in the national economy was the same as today's oil
.
