South Korea Cold Smoked Salmon Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Traditional Cold Smoked Salmon, Specialty Flavored Cold Smoked Salmon), By Application (Retail, Food Service, and Others), and South Korea Cold Smoked Salmon Market Insights, Industry Trend, Forecasts to 2035

South Korea Cold Smoked Salmon Market Insights Forecasts to 2035

• The South Korea Cold Smoked Salmon Market size is Expected to Grow at a CAGR of around 5.3% from 2025 to 2035
• The South Korea Cold Smoked Salmon Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Cold Smoked Salmon Market is anticipated to grow at a CAGR of 5.3% from 2025 to 2035. The market is driven by rising demand for convenient, high-protein foods and growing health awareness around omega-3 benefits. Increasing popularity of Western cuisine and expanded retail and e-commerce access further support consumer adoption.

Market Overview

Cold smoked salmon is a cured seafood food product with a tender texture and strong smoky flavor made by the smoking of salmon at low temperatures without cooking. Cold smoked salmon gains popularity in South Korea as a health-conscious premium protein among health-conscious and modern consumers. Cold smoked salmon is popular due to convenience, nutritional content, and versatility of application in Western-style dishes such as salads, sandwiches, and brunch items. The industry is driven positively by increasing needs for healthy consumption, omega-3 consumption, and quality culinary experiences. Premium imports from Norway, New Zealand, and Chile are leading the way on the back of uniform quality and sustainability marks. Retail channels such as supermarkets, gourmet food shops, and internet shops are supplying an increasing variety of cold smoked salmon. Food service channels in restaurants, cafes, and hotels are also featuring it on menus, thereby driving growth in the food service segment. Creativity in packaging and flavor is also drawing in a wider consumer base.

Report Coverage

This research report categorizes the market for the South Korea cold smoked salmon market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cold smoked salmon market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cold smoked salmon market.

Driving Factors

South Korea cold smoked salmon market is driven by increasing consumer demand for healthy, protein-rich, and convenience food. Growing awareness about the health benefits of omega-3 fatty acids and preference for Western-style foods drive higher take-up. Urbanization and gourmet food and premium food trend also drive market growth. More contemporary food retail, web-based food websites, and food service establishments bring cold smoked salmon closer, and food technology in terms of flavor adapts to changing customer tastes.

Restraining Factors

South Korea cold smoked salmon industry is restrained by excessive reliance on imports, leading to excessive prices and supply chain risks. Short shelf life and cold chain handling contribute to distribution issues. Lower consumer awareness in rural locations and preference for conventional seafood products also limit wider application.

Market Segmentation

The South Korea cold smoked salmon market share is classified into product type and application.

• The traditional cold smoked salmon segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cold smoked salmon market is segmented by product type into traditional cold smoked salmon, specialty flavored cold smoked salmon. Among these, the traditional cold smoked salmon segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Its widespread application in many Western foods, light smoky flavor, and increased availability at stores are the reasons for its growing popularity in South Korea.

• The retail segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cold smoked salmon market is segmented by application into retail, food service, and others. Among these, the retail segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Growing demand for value-added, ready-to-consume seafood products through retail chains, specialty grocery stores, and internet portals is fueling the growth of this segment in urban areas.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cold smoked salmon market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mowi ASA
• Thai Union Group
• SalMar ASA
• Labeyrie Fine Foods
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cold smoked salmon market based on the below-mentioned segments:

South Korea Cold Smoked Salmon Market, By Product Type

• Traditional Cold Smoked Salmon
• Specialty Flavored Cold Smoked Salmon

South Korea Cold Smoked Salmon Market, By Application

• Retail
• Food Service
• Other