Global Fish Sauce Market 2024-2028
The fish sauce market is forecasted to grow by USD 915.54 mn during 2023-2028, accelerating at a CAGR of 6.83% during the forecast period. The report on the fish sauce market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing preference for convenience in cooking, wide application of fish sauce, and growing demand for ethnic cuisines.
Technavio's fish sauce market is segmented as below:
By Product
- Industrial fish sauce
- Traditional fish sauce
By Distribution Channel
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the expansion through e-commerce as one of the prime reasons driving the fish sauce market growth during the next few years. Also, the production of fish sauce from fish waste and innovations in product packaging of sauces will lead to sizable demand in the market.
The report on the fish sauce market covers the following areas:
- Fish sauce market sizing
- Fish sauce market forecast
- Fish sauce market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fish sauce market vendors that include Blue Elephant International, California Fish Sauce, Halcyon Proteins Pty. Ltd., Marine Resources Development Co. Ltd., Nestle SA, Pantainorasingh Manufacturer Co. Ltd., Phu Nhi Fish Sauce, Phu Quoc Fish Sauce Manufacturer Hung Thanh, Pichai Fish Sauce Co. Ltd., Rayong Fish Sauce Industry Co. Ltd., Rungroj Fish Sauce Co. Ltd., Tang Sang Hah Co. Ltd., Teo Tak Seng Fish Sauce Factory Co. Ltd., Thai Fishsauce Factory Squid Brand Co. Ltd., Thai Preeda Trading Co. Ltd., Thaitan Foods International Co. Ltd., The Woks of Life LLC, Unilever PLC, Viet Huong Hong Kong, and Viet Phu Inc.. Also, the fish sauce market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.