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The blog describes the trend in the consumption of Salmon and how the food research lab can be of assistance. Salmon is a versatile fish renowned for its flavour and nutritional value. Many factors cause an increase in the salmon market, like an increase in the knowledge of its nutritional value. Innovations in the development of food products can help bolster the salmon market.<br><br>Read more: https://www.foodresearchlab.com/blog/market-consumer-research/global-research-and-market-analysis-on-salmon/
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GLOBALRESEARCH ANDMARKET ANALYSISONSALMON
TODAY'SDISCUSSION Introduction MarketTrends Factorsaffectingthegrowth ChallengeforSalmonmarket
INTRODUCTION Salmonhasbeenoneofthemostconsumedfishessincehistorictimes.Thepalepinkflesh istheir trademarkfeature.TheaquaticbeingsarefoundextensivelyalongtheAtlanticand Pacificoceans.Basedonavailability,theycanbewildorfarmed.Salmonisapowerhouseof nutrients.Thewildvarietyhasahigherproportionofnutrientsthanthefarmedone.They arerichinomega-3fattyacidsthatbenefitheartandbrainhealthandreduceinflammation. Vitamin B-12 is also abundant, which is necessary for the production red blood cells and nervous system regulation. Vitamin A helps in good vision and healthy skin, while vitamin D is crucial forbonehealth.Minerals like seleniumhelpregulatethyroidfunctionandthe presenceofpotassiumassistsinloweringbloodpressure.
159%#ofyour dailyintake VitaminB12 VitaminD OMEGA-3per VitaminB1 Fig:Salmonisapowerhouseofnutrients 100g 42%ofyour dailyintake PROTEINper 100g Mineral Phosphorus Mineral Magnesium Mineral Potassium Mineral Selenium
MARKETTRENDS TheglobalsalmonmarketwaspricedatUS$14.87 billion in 2021 and is anticipated to r ise at a Compound AnnualGrowthRate(CAGR)of8.5%from2022to 2030.Somefactorscouldleadtothisrise.
FACTORSAFFECTINGTHEGROWTH 1 . Versatility - Salmon fish is highly versatile and have aless fishy taste than other variants, such as mackerel. I t can be steamed, grilled or sauteed. I t is also consumedrawinsushiandsashmi,renderingi tapopularchoice for consumption. 2.Increasingawarenessofthepeople-Versatility,alongwithanincreasing awareness of the health market.People'sdietary benefitsofSalmon,led choices tothegrowthofSalmon from have shifted carbohydrate-richto protein-richfood. 3.IncreaseinavailabilityofSalmon-Theexpansionofthefoodindustryand increased availability of product forms l ike freeze- dried and ready- to- eat have skyrocketedthegrowthofthesalmonmarket.
Demandforomega-3capsules-During COVID-19 times, there was an increasing demand for omega-3supplements since there was an increased burden of depression reported among younger individuals, andthis fatty acid isknown to manage symptomsofdepression.Thiscausedanoticeableincreasein the demand and consumption of Salmon, for salmon oil capsules areamongthemostcommonomega-3oilsources. • OtherfactorscausingariseinSalmonmarket- • Increasedpurchasingpower ofconsumers • Interestinconsumingothercuisine,especiallyAsiancuisine. • Emigration ofAsianstotheUS. • Increaseinfishfarminghasledtoanincreaseinthesupplyof Salmonfish.
CHALLENGEFORSALMONMARKET Asignificantchallengein popularity of veganism. thesalmonmarketistheriseinnumbersand People choose to be vegan due to health, environment and ethical reasons. In the UK alone, the numbers rose from 0.28millionin2022to0.6millionin2020.[6]However,Salmonstill continuestobeextensivelyfarmedandconsumedduetothehighdemandfor itsnutritionalprofile
CONCLUSION Salmon is a versatile fish renowned for its flavour and nutritional value. Many factors cause an increase in the salmon market, like an increase in the knowledge of its nutritional value. Innovations inthedevelopmentoffoodproductscanhelpbolsterthesalmon market. Pepgra's Food Research Lab has expertise in developing new minimally processed yet delectable recipes, giving importance to taste and nutrition. In addition, we can assist in the formulation ofSalmonbasedfoodproductslikesaucesthatfindtheiruseina plethora of food items. In the case of frozen Salmon, we assist in developingpackagingthatextendstheshelf-lifedurationtoyield itsmaximumbenefits.
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