The global demand for Fish Sauce Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Fish Sauce, liquid condiments used to add flavor to food is made by fermenting salt coated fish or krill for a couple of months to a few years. It is used as a primary seasoning agent in most of the Southeast and East Asian cuisine. Fish Sauce also finds its application in dipping sauces as a base. It is a brown colored liquid with umami or savory taste. Essential nutrients such as vitamins, minerals, proteins, and carbohydrates are also present in it. There are two types of fish sauce, traditional fish sauce and industrially produces fish sauce.
In many cuisines, food seasoning is a vital part of enhancing food taste. The global fish sauce market is growing due to the increasing demand for food seasoning and increasing awareness of the health benefits of the fish sauce. Consumers are ready to try different food items with various seasonings to improve taste, flavor, and appearance. This factor is further supporting the global fish sauce market. Moreover, few other fish sauce market drivers include the growing popularity of Asian food cuisine and the entry of new innovative products fortified with essential nutrients and herbs. During the COVID-19 pandemic market, the global fish sauce market is expected to drive slowly but steadily.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of fish sauce.
The entire Fish Sauce market has been sub-categorized into product type, application, distribution channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Korean fish sauce
- Japanese fish sauce
- Southeast Asian fish sauce
- Western fish sauce
- Thai fish sauce
- Vietnamese fish sauce, etc.
By Distribution Channel
- Domestic use
- Food industries
- Supermarket and hypermarket
- Convenience stores
- Specialty stores
- Online retailers
This section covers regional segmentation which accentuates on current and future demand for fish sauce market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Fish Sauce Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the fish sauce market include Tang Sang Ha Company Limited, Thaipreeda Group, TeoTak Sauce Factory Co. Ltd, Viet Phu Inc., Thai Fish Sauce Factory (Squid Brand) Co., Ltd, Marine Resources and Development Co., Ltd., Rungroj Fish Sauce Co., Ltd., Pichai Fish Sauce Co. Ltd., Rayong Fish Sauce Industry Co., Ltd, Halcyon Proteins Pty. Ltd.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.