Salmones de Chile

What Salmones de Chile does

Salmones de Chile S.A. is a privately held, vertically integrated Chilean salmon and trout producer headquartered in Chonchi, Chiloé Province, and 100% owned by the Errázuriz Group since its 1986 founding (originally as Salmones Unimarc S.A.). The company operates the full production chain — reproduction centers with a genetic improvement program, hatcheries and smoltification sites on the Maullín River, sea-water growing sites across Chile's 10th and 11th regions, the Salmoprocesos processing plant in Chonchi, and an in-house international sales department — supported by 44 aquaculture licenses distributed in 14 groups. Its product portfolio centers on Pacific Coho Salmon (Oncorhynchus kisutch) and Rainbow Trout (Oncorhynchus mykiss), with additional Sea Trout and Atlantic Salmon, sold as fresh (0°C) or frozen (-18°C) whole fish, fillets (Trim C/D/E), headed-and-gutted, and sashimi-grade portions.

The business model is enterprise B2B export: products are sold directly to demanding international clients in Japan and North America, with logistics handled via sea, land, or air transport depending on product characteristics, plus a domestic Chilean channel. A premium sub-brand, Blue Raised, was launched in 2023 specifically for the North American market, and the company holds Costco Food Safety Audit certification alongside HACCP, ASC, BAP Version 4, Sashimi Grade, and antibiotic-free certifications across multiple farm and hatchery centers, with 501-1,000 employees. Salmones de Chile positions itself as the world's largest Coho salmon producer and Chile's largest salmon producer, leaning on its license portfolio, certifications, and vertical integration as primary competitive advantages rather than on technology platform or AI differentiation.

Name

Salmones de Chile

Legal name

Salmones de Chile S.A.

Website

https://salmonesdechile.cl

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Salmones de Chile is a privately held, vertically integrated Chilean producer of Coho salmon and Rainbow trout, operating from broodstock to processing across 44 aquaculture licenses, exporting to Japan and North America under the Blue Raised sub-brand as the world's largest Coho grower.

Ownership category

akta.pro rank

Product category

Aquaculture Seafood Production

NAICS

Seafood Product Preparation and Packaging (3117)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092)

akta.pro industry

PRIMARYAFANALAI

Sushi/Sashimi-Grade & Raw Ready-to-Serve Seafood (Including Poke)

Agriculture & Food Production/Meat, Poultry & Seafood Processing/Value-Added Seafood Products (Fillets, Ready-to-Eat)

Keywords

• Salmon aquaculture
• Trout production
• Seafood export
• Coho salmon farming
• Vertically integrated fish processing

Headquarters

HQ city

Chonchi

HQ country

Chile

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Others

Revenue model

1. Salmon and Trout Product Sales: Salmones de Chile generates revenue through the production and sale of salmon and trout products. The company produces and processes Pacific Salmon (Coho), Sea Trout, and Atlantic Salmon. Products include whole fish, various fillet cuts (Trim C, Trim D, Trim E), headed and gutted products, and portions. Products are sold as fresh (refrigerated at 0°C) or frozen (at -18°C or less) to international markets including Japan and North America.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Salmones de Chile is a vertically integrated salmon and trout producer operating from fish reproduction through processing and market placement. The company produces Coho Salmon (Pacific Salmon), Rainbow Trout, and Atlantic Salmon, offering products in multiple cuts (Trim C, Trim D, Trim E), headed and gutted forms, and portions, sold fresh or frozen to demanding international markets including Japan and North America. The Blue Raised sub-brand is tailored specifically for the North American market.

Product overview

Salmones de Chile is a vertically integrated salmon and trout farming and processing company producing Pacific Salmon (Coho), Rainbow Trout (Oncorhynchus mykiss), and Sea Trout products. The company operates from reproduction to market, offering various product forms including Trim C, Trim D, Trim E cuts, H/On (headed and gutted), and fillets, all available fresh or frozen. Their products are sold under the Blue Raised sub-brand for the North American market, featuring sashimi grade quality. The company also produces antibiotic-free certified products and ASC-certified salmon from multiple farm centers.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Raised: New line of products for the North American market, designed to satisfy new customers with the quality that defines Salmones de Chile.

Products and services

• Coho Salmon (Oncorhynchus Kisutch) Pacific Coho salmon products including Trim C fillets, Trim D fillets, H/On (headed and gutted), and HG cuts. Available fresh or frozen, with sashimi grade options. Targeted at international markets including Japan and North America.
• Rainbow Trout (Oncorhynchus mykiss) Rainbow trout products including Trim C fillets, Trim D fillets, H/On (headed and gutted), and whole gutted fish. Products are available fresh (refrigerated at 0°C) or frozen (at -18°C or less), with options for skin-on, pin-bones removed (PBO), and sashimi grade.
• Blue Raised Premium product line for the North American market featuring Chilean salmon and trout with detailed product specification sheets. Includes Trim C and Trim D cuts, H/On, and HG products with sashimi grade certification.
• ASC Certified Salmon Aquaculture Stewardship Council (ASC) certified salmon products from multiple farm centers including Cebadal, Chuyaquen, Luchin, Mechuque, Tenaun, Tutil, Villalobos, Cementerio, Chanco, Petrel, Rilan (I, II), Isla Ester, Simpson, and Queulat. Meets responsible aquaculture standards.

Quantifiable outcome

• More than 30 years of experience ensuring products reach and develop in the most demanding markets in the world

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cermaq: Norwegian-headquartered salmon producer owned by Mitsubishi, with major farming operations in Chile (Cermaq Chile, formerly AquaChile). Most direct Chilean overlap with Salmones de Chile in production geography and species mix.
• Mowi ASA: World's largest Atlantic salmon producer, vertically integrated from feed to consumer products with operations in Norway, Scotland, Chile, Canada, and Ireland. Directly comparable as a global, vertically integrated salmon farmer and processor with multi-species exposure.
• AquaChile: Historic Chilean salmon farming major now integrated into Cermaq Chile following Mitsubishi acquisition. Direct competitor in Coho and Atlantic salmon farming in regions X and XI.
• Australis Seafoods: Chilean salmon producer (acquired by Joyvio/Cofco group) focused on trout and Coho in southern Chile. Comparable Chilean species mix and aquaculture license-based business model.
• Bakkafrost: Faroe Islands-based vertically integrated salmon farmer with own-brand consumer products (Vimeo). Comparable business model combining farming, processing, and value-added product development for premium markets.
• Multiexport Foods: Major Chilean salmon and trout producer with Atlantic and Coho operations and value-added product lines including sushi-grade and smoked products. Direct competitor in the same Chilean waters and same target export markets.
• SalMar ASA: One of the world's largest Atlantic salmon producers headquartered in Norway, with substantial Norwegian and Scottish operations. Comparable vertically integrated salmon farming model and premium-certification positioning.
• Blumar Seafoods: Chilean salmon and seafood company operating salmon farms in regions X and XI with processing plants and export operations. Direct peer operating in same Chilean geography and serving similar international markets.

Emerging players

• Atlantic Sapphire: US-headquartered land-based (RAS) salmon producer with operations in Florida and Denmark. Emerging player pursuing a different production technology but targeting the same premium North American salmon market that Salmones de Chile serves via Blue Raised.

Broad incumbents

• Pescanova: Spanish seafood conglomerate with broad portfolio across fish farming, processing, and distribution globally. Operates in adjacent value chain segments (tilapia, sea bass, shrimp) and competes with Chilean salmon in European retail channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights7 records

Customer concentration

• Xx.com/salmonesa
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/salmones-de-chile
• Instagraminstagram.com/salmonesdechile

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Salmones de Chile