This paper attempts to analyze consumer preference toward genetically modified(GM) salmon and to estimate willingness-to-pay a premium for non-GM salmon. To serve such purpose, we conducted an islandwide telephone survey to Taiwanese consumers in 2003. Public risk perceptions and consumer acceptance for GM foods including salmon are investigated. While adopting a multinomial logit to identify preference groups, we also employ Hanemann (1984) approach to measure consumer willingness-to-pay for GM salmon. Empirical results have found that risk perception, price of salmon, gender and income are significant factors to explain consumer preference toward GM and non-GM salmons. Consumers willingness-to-pay for non-GM salmon is averagely estimated to be 49% (or 74 NT dollar per Taiwan kilogram) over current market price of salmon. These findings are critical market information for fishery and biotech industries.