The latest research report from the IMARC group, 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 size reached a value of US$15.28 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$18.93 billion. US Dollars by 2027, growing at a CAGR of 3.40% in 2022-2027. Fish sauce is a brown liquid condiment made 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-3s, vitamins, iron, amino acids, and other nutrients that help improve appetite and increase calcium absorption. , and control blood sugar. It also helps maintain a stable nervous system, the process of hematopoiesis, support cell multiplication, etc. As a result, fish sauce is widely used as a seasoning and dipping liquid in households, hotels, restaurants, etc., across the world.
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Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation by type, composition, distribution channel and industry vertical.
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive landscape for the fish sauce market
- Strategies of key players and product offerings
Rising demand for products due to rising instances of thyroid related issues and rising health consciousness of individuals is majorly driving the fish sauce market. Furthermore, the rising popularity of Asian cuisine as it encompasses a healthy balance of meat and vegetables along with the expanding food and beverage (F&B) sector is further accelerating the growth of the market. Apart from this, the growing availability of fish sauce through online and offline distribution channels is also catalyzing the global market. Moreover, the growing investments of major market players in advertising campaigns to generate brand awareness are acting as significant growth factors. Also, growing demand for fortified product variants to maintain healthy levels of micronutrients in the body is expected to drive the fish sauce market in the coming years.
Key Players Included in the 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.
- Fish Sauce Factory Teo Tak Seng Co. Ltd.
- Thai Fishsauce Factory (Squid Brand) Co. Ltd.
- Thaipreeda Group and Unilever plc.
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Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by type:
- Korean fish sauce
- Japanese fish sauce
- Southeast Asian Fish Sauce
- Western fish sauce
Breakdown by composition:
Breakdown by distribution channel:
- Supermarkets and Hypermarkets
- convenience stores
- Specialty stores
- Online stores
Breakdown by vertical industry:
- Food and drinks
- Hotels and restaurants
Table of Content of Fish Sauce Market Research Report:
- Scope and methodology
- Global fish sauce market
- SWOT analysis
- Value chain analysis
- Price analysis
- Competitive landscape
Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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