Most farmed fish: salmonAmong all farmed animals, Atlantic salmon is one of the most farmed fish in Norway; the country is the largest producer of salmon worldwide. The sales volume of salmon for consumption rose from 940 thousand metric tons in 2010 to 1.4 million metric tons in 2020. That same year, the sales value amounted to 65 billion Norwegian kroner. Norway is not only the largest salmon producer, it also belongs to one of the largest fish- and seafood exporting countries in the world. Especially the export value of salmon grew in the past years, reaching around 81 billion Norwegian kroner in 2021.
Fish and seafood companiesThere are many Norwegian companies operating in this industry. SalMar, the global seafood company, which specializes in the production of farmed salmon, is one of them. It was founded in 1991 and is based in Frøya. The company’s sales revenue increased strongly from 7.16 billion Norwegian kroner in 2014 to 15 billion Norwegian kroner in 2021. In this year, SalMar’s share of sales was highest in Europe (excluding Norway), followed by Asia, the United States as well as Norway. Over 1.1 thousand employees worked full-time in the company
Other Norwegian fish and seafood companies of note are the Lerøy Seafood Group, Cermaq and Grieg Seafood.