![]() ![]() ![]() These are primarily available in powder form in sachets to provide optimal taste and convenience to consumers, particularly in developed countries with busier lifestyles.Īs a result, the demand for fish sauce, a key ingredient in the preparation of these dishes, is increasing. This is compelling manufacturers to introduce a variety of packaged ready-to-use fish gravies. High demand from various end-user industriesĭue to the numerous nutrients found in fish, such as omega-3, vitamin D, and B2, consumers are gravitating toward fish meat as a replacement for chicken and red meat.The variety of product options available under one roof has given this channel an advantage. Modern trade channels have taken centre stage, resulting in growing market shares for supermarkets and hypermarkets. The growing population's desire for convenience has resulted in the availability of fish sauces in supermarkets/hypermarkets. ![]() Wide availability of fish sauces due to growing popularity.As fish sauce is a good source of nitrogen, it is nutritious and beneficial to health. They are made in factories and contain a blend of sweeteners, preservatives, fish essence, colouring, and flavouring. It's an essential ingredient in Thai cooking. It is used as a condiment in a variety of cuisines. The term "fish sauce" refers to an amber-coloured liquid derived from the fermentation of salt-coated fish. Customers are more sensitive to genuine products and are willing to pay higher prices for them.Market leaders are developing sauces that can be used directly in food.Manufacturers have been attempting to include more products in the fish sauce line-up.Ltd (Thailand), Halcyon Proteins (Australia), Hung Thanh Co. (Thailand), Thai Fish sauce Factory (Squid Brand) Company Limited (Thailand), Rayong Fish Sauce Industry Co. (China), Teo Tak Seng Fish Sauce Factory Co., Ltd. Ltd (Thailand), Masan Group (Vietnam), ThaiPreeda Group (Thailand), Shantou Haimao Foodstuff Factory Co., Ltd. U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Denmark, Sweden, Poland, Turkey, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Japan, Thailand, Indonesia, New Zealand, Vietnam, Thailand, Indonesia, Malaysia, Philippines, rest of Asia-Pacific, South Africa, Kuwait, Qatar, Oman, Saudi Arabia, U.A.E., and rest of the Middle East and Africa, Brazil, Argentina & rest of South America Product Type (Korean Fish Sauce, Japanese Fish Sauce, Southeast Asian Fish Sauce, Western Fish Sauce, Others), Composition (Basic, Premium), Application (Domestic Use, Restaurants, Food Industries), Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Specialty Stores, Online Retailers) Revenue in USD Billion, Volumes in Units, Pricing in USD In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour. The rising demand for seasoning is driving the growth of the fish sauce market.ĭata Bridge Market Research analyses that the fish sauce market was growing at a value of USD 15.38 billion in 2021 and is expected to reach the value of USD 20.79 billion by 2029, at a CAGR of 3.84% during the forecast period of 2022-2029. Among all seasonings, fish sauce is expected to be popular in the coming years. Seasoning has become an essential component of many cultures around the world's dining tables. Global Fish Sauce Market, By Product Type (Korean Fish Sauce, Japanese Fish Sauce, Southeast Asian Fish Sauce, Western Fish Sauce, Others), Composition (Basic, Premium), Application (Domestic Use, Restaurants, Food Industries), Distribution Channel (Supermarket and Hypermarket, Convenience Stores, Specialty Stores, Online Retailers) – Industry Trends and Forecast to 2029 ![]()
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