Fish Sauce Market Expected to Achieve 6.5% CAGR by 2029: Growth Forecast Insights

"Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

How Large Will the Fish Sauce Market Size By 2025?
In recent years, the market size for fish sauce has exhibited robust growth. It's estimated to expand from $18.47 billion in 2024 to $19.8 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.2%. This growth in the past can be credited to a variety of factors such as culinary diversity, the globalization of culinary practices, shifting dietary habits, cultural impacts, and heightened consumer awareness.

How Big Is the Fish Sauce Market Size Expected to Grow by 2029?
The market size of fish sauce is predicted to witness robust expansion in the upcoming years, reaching $25.51 billion by 2029 with a CAGR of 6.5%. This growth in the projected timeline can be credited to ongoing food exploration, awareness towards health and wellbeing, emerging global fusion culinary tendencies, growing fascination towards umami tastes, and branching out into new markets. Key trends for this forecast period incorporate the wider use of fish sauce in the culinary field, advancements in packaging for user convenience, a surge in demand for high-end and specialty labels, exploration of fusion tastes and mixtures, heightened knowledge regarding health advantages, and international exposure of fish sauce brands.

View the full report here:
https://www.thebusinessresearchcompany.com/report/fish-sauce-global-market-report

Which Key Market Drivers Powering Fish Sauce Market Expansion and Growth?
The fish sauce market is predicted to thrive due to the rising consumption of seafood. Seafood, recognized globally for its unique flavors and textures, is a valuable resource of protein and minerals. Many well-liked seafood meals incorporate fish sauce. The demand for this sauce is on the rise as more food enthusiasts become familiar with its taste and use it to enhance their seafood dishes. The National Oceanic Atmospheric Administration (NOAA), a US-based scientific and regulatory body, released data in September 2022 demonstrating that approximately 70-85% of all seafood consumed in the US originates from imported goods. Moreover, Statistics Iceland, a government agency in Iceland, reported in July 2022 that the cumulative fish catch for June 2022 amounted to nearly 35,000 tons, representing a boost of 14 thousand tons from June 2021. Consequently, the surge in seafood consumption is set to fuel the growth of the fish sauce market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9977&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Fish Sauce Market?
In the fish sauce market, a prevalent trend is product innovation. A contemporary twist on traditional fish sauces is being brought about through the utilisation of new manufacturing techniques and superior quality ingredients. This has boosted the appeal of fish sauce for use in unconventional dishes and cuisines. To illustrate, Sozye, a company based in the UK that makes sauces, unveiled its eco-friendly, plant-based fish sauces called nish, noyster, and noya in January 2022; they are appropriate for non-traditional meals.

What Are the Emerging Segments in the Fish Sauce Market?
The fish sauce market covered in this report is segmented -

1) By Product Type: Korean Fish Sauce, Japanese Fish Sauce, Southeast Asian Fish Sauce, Western Fish Sauce
2) By Flavor: Plain, Spiced
3) By Price: Basic, Premium
4) By Distribution Channel: Super market And Hyper market, Convenience Stores, Specialty Stores, Online Retailers
5) By Application: Domestic Use, Restaurants, Food Industries

Subsegments:
1) By Korean Fish Sauce: Anchovy-Based Fish Sauce, Other Fish-Based Korean Sauces
2) By Japanese Fish Sauce: Shoyu (Soy Sauce) with Fish, Other Fermented Fish Sauces
3) By Southeast Asian Fish Sauce: Vietnamese Fish Sauce (Nuoc Mam), Thai Fish Sauce (Nam Pla), Other Regional Varieties
4) By Western Fish Sauce: Mediterranean Fish Sauce, Other Western Condiment Variants

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9977&type=smp

Who Are the Global Leaders in the Fish Sauce Market?
Major companies operating in the fish sauce market include Tang Sang Hah Co. Ltd., Masan Group, Thai Preeda Co. Ltd., Shantou Haimao Foodstuff Factory Limited Company, Teo Tak Seng Fish-Sauce Factory Co. Ltd, Thai Fishsauce Factory Squid Brand Co Ltd, Rayong Fish Sauce Industry Co. Ltd, Pichai Fish Sauce Co. Ltd, Halcyon Proteins PTY Ltd, Hung Thanh Co. Ltd., Unilever PLC, Nestle S.A., Louisiana Fish Fry, Pantainorasingh Manufacturer Co. Ltd., Phu Nhi, Thanh Hung Co. Ltd, Viet Phu Inc., Shantou Fish Sauce Factory Co. Ltd., Rungroj Fish Sauce Co. Ltd., Cholimex Food Company

Which are the Top Profitable Regional Markets for the Fish Sauce Industry?
North America was the largest region in the fish sauce market in 2024. The regions covered in the fish sauce market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9977

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.

Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.