Market Forecast By Type (Chinook Salmon, Coho Salmon, Pink Salmon, Red Salmon, Salmo Salar, Silverbrite Salmon), By End Product Type (Fresh, Frozen, Canned, Others), By Distribution Channel (Retail Stores, Hypermarket/supermarket, Online Sales Channels) And Competitive Landscape
Product Code: ETC387632 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Bangladesh Salmon Market Report thoroughly covers the market by type, end product type, and distribution channel. The Bangladesh Salmon Market Outlook report provides an unbiased and detailed analysis of the ongoing Bangladesh Salmon Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The Bangladesh salmon market has witnessed significant growth in recent years, and is estimated to rise more in the future. This growth can be attributed to various factors such as increasing consumer awareness about the health benefits of salmon consumption, rising disposable income, and growing demand for seafood.
According to 6Wresearch, the Bangladesh Salmon Market size is projected to rise at a CAGR of 11.8% during 2025-2031. One of the key drivers of the Bangladesh salmon market is the increasing health consciousness among consumers. Salmon is considered a superfood due to its high nutritional value, being rich in omega-3 fatty acids, vitamins, and minerals. Another factor contributing to the growth of the market is the rising disposable income in Bangladesh. As the country's economy continues to grow, more and more people have higher purchasing power, allowing them to include premium food items like salmon in their diet.
However, despite its growth potential, the Bangladesh salmon market faces challenges such as high import costs and limited domestic production. The country heavily relies on imports from countries like Norway, Chile, and China to meet its demand for salmon. This results in higher prices for consumers and can hinder Bangladesh Salmon Market growth.
The key players in the Bangladesh salmon market include both domestic and international companies. Some of the major players in this market include ACI Fisheries Limited, a local company that has been exporting salmon products for several years now. Other notable players in the market include Aqua Star Bangladesh, Atria Seafood and Nordic Seafood.
The government of Bangladesh has taken significant initiatives to boost the growth of the salmon market. One such initiative is the development of aquaculture zones, which provide favorable conditions for salmon farming. The government has also implemented policies to support and encourage local fish farmers to engage in salmon production. Furthermore, the government has focused on improving the overall infrastructure and transportation systems within the country, making it easier for companies to export their products internationally.
It is expected that technological advancements in aquaculture practices and the development of new breeds of salmon will further boost the growth of the market in Bangladesh. This will not only increase production and efficiency, but also contribute to the sustainability of the industry. Additionally, the government's continued support and focus on promoting salmon farming will play a crucial role in ensuring the success and growth of the industry.
According to Suryakant, Senior Research Analyst, 6Wresearch, fresh salmon is expected to be the fastest-growing segment of Bangladesh's salmon market. This can be attributed to the increasing health awareness among consumers, which has led to a rise in demand for fresh and organic food products.
The retail stores seem to be the most popular choice among consumers in Bangladesh. Retail stores offer a wide range of products, including salmon, making it convenient for consumers to purchase them.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Salmon Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Salmon Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Salmon Market - Industry Life Cycle |
3.4 Bangladesh Salmon Market - Porter's Five Forces |
3.5 Bangladesh Salmon Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Salmon Market Revenues & Volume Share, By End Product, 2021 & 2031F |
3.7 Bangladesh Salmon Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bangladesh Salmon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Salmon Market Trends |
6 Bangladesh Salmon Market Segmentations |
6.1 Bangladesh Salmon Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Salmon Market Revenues & Volume, By Chinook Salmon, 2021 - 2031F |
6.1.3 Bangladesh Salmon Market Revenues & Volume, By Coho Salmon, 2021 - 2031F |
6.1.4 Bangladesh Salmon Market Revenues & Volume, By Pink Salmon, 2021 - 2031F |
6.1.5 Bangladesh Salmon Market Revenues & Volume, By Red Salmon, 2021 - 2031F |
6.1.6 Bangladesh Salmon Market Revenues & Volume, By Salmo Salar, 2021 - 2031F |
6.1.7 Bangladesh Salmon Market Revenues & Volume, By Silverbrite, 2021 - 2031F |
6.2 Bangladesh Salmon Market, By End Product |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Salmon Market Revenues & Volume, By Fresh Type, 2021 - 2031F |
6.2.3 Bangladesh Salmon Market Revenues & Volume, By Frozen Type, 2021 - 2031F |
6.2.3 Bangladesh Salmon Market Revenues & Volume, By Canned Type, 2021 - 2031F |
6.2.3 Bangladesh Salmon Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Bangladesh Salmon Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Salmon Market Revenues & Volume, By Retail Stores, 2021 - 2031F |
6.3.3 Bangladesh Salmon Market Revenues & Volume, By Hypermarket/Supermarket, 2021 - 2031F |
6.3.4 Bangladesh Salmon Market Revenues & Volume, By Online Sales Channels, 2021 - 2031F |
7 Bangladesh Salmon Market Import-Export Trade Statistics |
7.1 Bangladesh Salmon Market Export to Major Countries |
7.2 Bangladesh Salmon Market Imports from Major Countries |
8 Bangladesh Salmon Market Key Performance Indicators |
9 Bangladesh Salmon Market - Opportunity Assessment |
9.1 Bangladesh Salmon Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Salmon Market Opportunity Assessment, By End Product, 2021 & 2031F |
9.3 Bangladesh Salmon Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bangladesh Salmon Market - Competitive Landscape |
10.1 Bangladesh Salmon Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Salmon Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |