Global Fish Sauce Market Growth 2023-2029

Global Fish Sauce Market Growth 2023-2029

Fish sauce is an amber-coloured liquid extracted from the fermentation of fish with sea salt. It is used as a condiment in various cuisines. Fish sauce is a staple ingredient in numerous cultures in Southeast Asia and the coastal regions of East Asia, and features heavily in Cambodian, Filipino, Thai, Laotian and Vietnamese cuisines. It also was a major ingredient in ancient European cuisine, but is no longer commonly used in those regions.
LPI (LP Information)' newest research report, the “Fish Sauce Industry Forecast” looks at past sales and reviews total world Fish Sauce sales in 2022, providing a comprehensive analysis by region and market sector of projected Fish Sauce sales for 2023 through 2029. With Fish Sauce sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fish Sauce industry.
This Insight Report provides a comprehensive analysis of the global Fish Sauce landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fish Sauce portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fish Sauce market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fish Sauce and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fish Sauce.
The global Fish Sauce market size is projected to grow from US$ 2748.6 million in 2022 to US$ 3809.1 million in 2029; it is expected to grow at a CAGR of 3809.1 from 2023 to 2029.
Market competition is intens. Masan Consumer, Tang Sang Ha and Thaipreeda Group are the leaders of Fish Sauce industry, with about 49% market shares.
Thailand is the largest supplier and consumer of Fish Sauce, with a production market share of 44% and a consumption market share of 26%. The second place is Vietnam, following Thailand with the production market share of 37%, and the sales market share nearly 22%. China is another important market of Fish Sauce, enjoying 6% Sales market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Fish Sauce market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Traditional Fish Sauce
Industrial Fish Sauce
Segmentation by application
Commerical
Home
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Masan Consumer
Tang Sang Ha
Thaipreeda Group
NANDAO
Teo Tak Seng
Shantou Fish Sauce
Jinguanyuan
Hung Thanh
Thai Fishsauce Factory
Pichai Fish Sauce
Rayong
Rungroj
Viet Phu
Marine
Halcyon Proteins
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fish Sauce market?
What factors are driving Fish Sauce market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fish Sauce market opportunities vary by end market size?
How does Fish Sauce break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.