Kontali, a leading seafood industry analysis firm, predicts that farmed salmon production will see a recovery in growth, with an expected increase of 4-5% by 2025. This positive outlook for the salmon industry is based on a number of factors, including increased demand for salmon and improvements in production methods.
Recovering Growth
Kontali predicts that farmed salmon production growth will recover to 4-5% by 2025, following a period of slower growth in recent years. This recovery is expected to be driven by increased demand for salmon, particularly in emerging markets, as well as improvements in production methods that will allow for more efficient and sustainable farming practices.
Increased Demand
Demand for salmon continues to grow, particularly in emerging markets such as China and Southeast Asia. This increased demand is expected to drive growth in the salmon industry, as producers work to meet the needs of consumers around the world. As demand continues to grow, prices are likely to remain stable, providing a positive outlook for the industry.
Improvements in Production Methods
Improvements in production methods are also expected to contribute to the recovery in growth for the salmon industry. Advances in technology and sustainable farming practices are allowing producers to increase efficiency and reduce costs, while also improving the environmental sustainability of their operations. These improvements are expected to help drive growth and provide a positive outlook for the industry.
Positive Outlook
Overall, Kontali’s prediction of 4-5% growth in farmed salmon production by 2025 provides a positive outlook for the salmon industry. Increased demand, improvements in production methods, and a focus on sustainability are all contributing to the recovery in growth for the industry. As the industry continues to evolve and adapt to changing market conditions, it is expected to remain a key player in the global seafood market.
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