Overview of Fish Sauce Market: Analyzed by Manufacturers, Types, Regions and Application Research Report Forecast to 2022
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According to the latest report by Fact.MR, the global market for fish sauce is likely to experience steady growth. The market is projected to reach US$ 1,316.5 million revenue by 2022 end. Consumer demand for fish sauce will continue to grow due to the various health benefits offered by fish sauce and it also boosts the taste of the food. Increasing health-consciousness among the consumers, manufacturers are making a fish sauce by fermenting the fish using natural ingredients such as salt and water.
3 Forecast Highlights on Global Fish Sauce Market
1. Asia Pacific Excluding Japan (APEJ) is expected to dominate the global fish sauce market. By the end of 2017, APEJ fish sauce market is estimated to account for nearly half of the revenue share on global revenue. Various countries in APEJ such as Vietnam, China, and Indonesia are some of the biggest markets for the fish sauce as it is one of the staple ingredients used in various cuisine in these countries.
2. Europe is also expected to witness above-average growth in the fish sauce market. Europe fish sauce market is estimated to reach nearly US$ 300 million revenue by the end of 2022.
3. Plain fish sauce flavor is expected to be one of the highly preferred fish sauce flavor. Accounting for more than half of the revenue share by the end of 2017, plain fish sauce flavor is estimated to create an incremental opportunity of more than US$ 100 million between 2017 and 2022.
Highest Distribution through Modern Trade Channel
Among various distribution channels in the global fish sauce market, modern trade is likely to be the biggest distribution channel during 2017-2022. By 2022 end, modern trade is projected to exceed US$ 400 million revenue.
Basic fish Sauce to Account for More Than Half of the Revenue Share
The basic fish sauce is projected to create more than US$ 100 million incremental opportunity between 2017 and 2022. Although the premium fish sauce is also likely to experience significant growth throughout the forecast period.
Plain Fish Sauce- Highly Preferred Flavor
Compared to the spiced fish sauce, the plain fish sauce is likely to gain maximum revenue share by 2017 end. The plain fish sauce is projected to exceed US$ 800 million revenue towards 2022 end. On the other hand, the spiced fish sauce is also likely to experience moderate growth throughout the forecast period.
Industrial Method to Gain Maximum Revenue Share
Industrial method is likely to be one of the most preferred methods for producing a fish sauce. Industrial method is projected to create more than US$ 200 million incremental opportunity during 2017-2022.
Browse Full Report with TOC- https://www.factmr.com/report/299/fish-sauce-market
Table of Content:
1. Global Fish Sauce Market – Executive Summary
2. Global Fish Sauce Market Overview
2.1.1. Global Fish Sauce Market Taxonomy
2.1.2. Global Fish Sauce Market Definition
2.2. Global Fish Sauce Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Fish Sauce Market Y-o-Y Growth
2.3. Global Fish Sauce Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Fish Sauce Market Analysis and Forecast By Flavor
3.1. Global Fish Sauce Market Size and Forecast By Flavor, 2012-2022
3.1.1. Plain Market Size and Forecast, 2012-2022
22.214.171.124. Revenue (US$ Mn) Comparison, By Region
126.96.36.199. Market Share Comparison, By Region
188.8.131.52. Y-o-Y growth Comparison, By Region
3.1.2. Spiced Market Size and Forecast, 2012-2022
184.108.40.206. Revenue (US$ Mn) Comparison, By Region
220.127.116.11. Market Share Comparison, By Region
18.104.22.168. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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