Global Fish Sauce Market By Overview
Fish sauce is a liquid condiment product that can be made from various fish raw materials which are not normally used for food. Fish sauce is mixture of amino acids and other protein degradation products. Capelin is a raw material harvested during the summer season suitable due to higher proteolytic activity. Fish sauce is developed microbiologically with halophilic bacteria which are responsible for flavor and aroma. Fish sauce is added during the cooking process and used as a base for dipping condiment. It is made up of salted anchovies or other fish that have been fermented for up to 2 years. It is commonly used in Southeast Asian cooking for flavoring many dishes such as pad thai, pho, green papaya salad and stir-fries. A little fish sauce can boost salty, savory flavor in sauteed greens, pastas, roast chicken, or broths. One of the advantage of fish sauce is that it is composed of high amount of essential amino acids that support sleep and reduce anorexia. Amino acids also helps in boosting digestive system and metabolism. The global fish sauce accounted for US$ 15.8 billion in 2020 and
Global Fish Sauce Market By Dynamics
Rising health benefits of fish sauce
Increasing health benefits regarding consumption of fish is key factor driving global fish sauce market. In addition, rising adoption of protein-rich diet across the globe in turns fuels growth of the target market. Furthermore, growing utilization of fish sauce as a dipping sauce is augmenting growth of the global fish sauce market. Moreover, increasing popularity regarding fish sauce in restaurant is expected to propel the global fish sauce market over the forecast period. Manufacturers are offering new fish sauce products in different bottle sizes and varying prices to appeal to a wider customer base expected to promote growth of the target market in the near future.
However, adverse health effects caused due to addition of harmful artificial preservatives in fish sauce and absence of nutritional content in the chemically fermented fish sauce are restraining growth of the global fish sauce market.
Global Fish Sauce Market By Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
The global fish sauce is segmented based on product type, application, distribution channel and region.
On the basis of product type, the global fish sauce is segmented into korean fish sauce, japanese fish sauce, southeast asian fish sauce, western fish sauce, and others (thai fish sauce). On basis of application, the global fish sauce market is bifurcated into domestic use, restaurants, and food industries. On the basis of distribution, the target market is divided into supermarket and hypermarket, convenience stores, specialty stores, and online retailers.
Regional Insights:
The global fish sauce accounted for US$ 15.8 billion in 2020 and is estimated to be US$ 22.80 billion by 2030 and is anticipated to register a CAGR of 3.8%. On region the global fish sauce is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific market is expected to account for largest market share in terms of revenue share in the global fish sauce market as compared to that of other regions over the forecast period. This is attributed to increasing consumption of fish sauce in countries of the region. The North America fish sauce market is expected to account for a second-highest share in the market in terms of revenue over the forecast period. This is owing to rising demand for fish sauce in countries of region. The market in Europe is expected to show significant growth in terms of revenue in the global fish sauce market over the forecast period.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Billion & CAGR from 2020 – 2030 |
Market Segmentation |
By Product Type- Korean Fish Sauce, Japanese Fish Sauce, Southeast Asian Fish Sauce, Western Fish Sauce, and Others (Thai Fish Sauce and Vietnamese Fish Sauce) By Application– Domestic Use, Restaurants, and Food Industries By Distribution Channel– Supermarket and Hypermarket, Convenience Stores, Specialty Stores, Online Retailers |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global fish sauce report based on product type, application, distribution channel and region.
Global Fish Sauce, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Fish Sauce Market By Key Players
The key players operating in the global fish sauce includes Tang Sang Ha Company Limited, Thaipreeda Group, TeoTak Sauce Factory Co., Ltd, Masan Group Corporation, Viet Phu, Inc, Thai Fish Sauce Factory (Squid Brand) Co., Ltd, Thai Taste, Fish Marine Resources Development Co., Ltd., Nestlé S.A., Rungroj Fish Sauce Co., Ltd., and Pichai Fish Sauce Co. Ltd.
Nestle S.A.:
Nestle had introduced its Maggi Sauce products in Viet Nam. It is also its first entry in the global fish sauce market.
Global Fish Sauce Market By Company Profile
- Tang Sang Ha Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thaipreeda Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- TeoTak Sauce Factory Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Viet Phu, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Masan Group Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thai Fish Sauce Factory (Squid Brand) Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thai Taste
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Fish Marine Resources Development Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nestlé S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Rungroj Fish Sauce Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Pichai Fish Sauce Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
Global Fish Sauce Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Fish Sauce Market, By Product Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Korean Fish Sauce
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Japanese Fish Sauce
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Southeast Asian Fish Sauce
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Western Fish Sauce
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Others (Thai Fish Sauce and Vietnamese Fish Sauce)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Fish Sauce Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Geospatial Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Disaster Recovery Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Situational Awareness Solution
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Incident and Emergency Management Market, By Service, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Domestic Use
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Restaurants
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Food Industries
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Fish Sauce Market, By Distribution Channel, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Supermarket and Hypermarket
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Convenience Stores
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Specialty Stores
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Online Retailers
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Fish Sauce Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- South Africa
- Central Africa
- North Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Tang Sang Ha Company Limited
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thaipreeda Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- TeoTak Sauce Factory Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Viet Phu, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Masan Group Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thai Fish Sauce Factory (Squid Brand) Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thai Taste
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Fish Marine Resources Development Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nestlé S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Rungroj Fish Sauce Co., Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Tang Sang Ha Company Limited
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Global Fish Sauce Market is segmented into product type, application, distribution channel, and region.
The global fish sauce market is expected to register moderate growth over the forecast period. This is attributed to increasing health benefits regarding consumption of fish.
By region, Asia Pacific fish sauce market is accounted for major revenue share of the global fish sauce market and is further anticipated to maintain its dominance over the forecast period.
The Key players operating in the Global Fish Sauce Market include Tang Sang Ha Company Limited, Thaipreeda Group, TeoTak Sauce Factory Co., Ltd, Viet Phu, Inc, Thai Fish Sauce Factory (Squid Brand) Co., Ltd, Nestlé S.A., Thai Taste, Fish Marine Resources Development Co., Ltd., and Rungroj Fish Sauce Co., Ltd.