Fish Sauce Market Outlook, Trends, Value, Regional Analysis and Opportunity 2022-27

IMARC Group's latest research report, titled "Fish Sauce Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global fish sauce market reached a value of US$ 15.28 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 18.93 Billion by 2027, exhibiting a CAGR of 3.40% during 2022-2027. Fish sauce is a brown liquid condiment obtained by fermenting small fish with a considerable amount of salt. It can be categorized into several types, including Korean, Japanese, Western, Southeast Asian, etc. Fish sauce is a rich source of omega-3, vitamins, iron, amino acids, and other nutrients that aid in improving appetite, raising calcium absorption, and controlling blood sugar levels. It also assists in maintaining a stable nervous system, the hematopoiesis process, in supporting cell multiplication, etc. As a result, fish sauce is extensively utilized as a seasoning and dipping liquid in households, hotels, restaurants, etc., across the globe.

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Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by  type, composition, distribution channel and industry vertical.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for Fish Sauce Market
Strategies of major players and product offerings

The escalating product requirement owing to the surging cases of thyroid-related problems and the growing health consciousness among individuals are primarily driving the fish sauce market. Besides this, the elevating popularity of Asian cuisine as it encompasses a healthy balance between meat and vegetables, along with the expanding food and beverage (F&B) sector, is further augmenting the market growth. Apart from this, the inflating availability of fish sauce through online and offline distribution channels is also catalyzing the global market. Moreover, the rising investments by leading market players in advertisement campaigns to generate brand awareness are acting as significant growth-inducing factors. Furthermore, the increasing demand for fortified product variants to maintain healthy micronutrient levels in the body is expected to bolster the fish sauce market in the coming years.

Key Players Included in Global Fish Sauce Market Research Report:

Halcyon Proteins Pty Ltd.
Masan Group, Pichai Fish Sauce Co. Ltd.
Rayong Fish Sauce Industry Co. Ltd.
Red Boat Fish Sauce
Rungroj Fish Sauce Co. Ltd.
Teo Tak Seng Fish Sauce Factory Co. Ltd.
Thai Fishsauce Factory (Squid Brand) Co. Ltd.
Thaipreeda Group and Unilever plc.

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COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

Breakup by Type:

Korean Fish Sauce
Japanese Fish Sauce
Southeast Asian Fish Sauce
Western Fish Sauce
Others

Breakup by Composition:

Basic
Premium

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Specialty Stores
Online Stores
Others

Breakup by Industry Vertical:

Food and Beverages
Household
Hotels and Restaurants
Others

TOC for the Fish Sauce Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global Fish Sauce Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

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