Global Fish Sauce Market Report till 2017 – 2022: Basic fish Sauce to Account for More Than Half of the Revenue Share

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Rockville, US, 2018-Feb-28 — /EPR Network/ — According to a study by Fact.MR, the global fish sauce market is expected to experience steady growth. The market is estimated to register 5.0% CAGR during the forecast period from 2017 to 2022. Owing to the health benefits and various nutrients offered by the fish sauce, increasing number of people are using fish sauce while preparing various dishes and as a dip. Manufacturers are also producing fish sauce by using more natural way for fermenting fish instead of the chemical fermentation process to maintain the levels of nutrients and vitamins. Below are the insights on how the global fish sauce market will perform in the next five years.

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To improve the flavor of the food, people are replacing soy sauce with fish sauce. Manufacturers are also making a fish sauce that leads to reduced sodium intake, thereby offering the healthy product. Moreover, shifting trend towards natural food products is also resulting in the growth of the customers opting for the quality product that has been made using the natural process of fermentation without adding any chemicals. Also, a fish sauce made using natural process last for a long time.

The report also profiles companies that are expected to remain active in the expansion of global fish sauce market through 2022, which include TANG SANG HAH CO., Ltd, Masan Consumer Corporation, Thai Preeda Group, Shantou Fish Sauce Factory Co., Ltd, Teo Tak Seng Fish-Sauce Factory Co. Ltd, Thai Fishsauce Factory (Squid Brand) Company Limited, Rayong Fish Sauce Industry Co., Ltd, Pichai Fish Sauce Co., Ltd, Halcyon Proteins Pty., Ltd, and Hung Thanh Co.LTD.

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.

4- Compared to the traditional method of producing fish sauce, an industrial method is expected to emerge as the widely used method of producing a fish sauce. By the end of 2022, an industrial method is estimated to reach nearly US$ 1,000 million revenue. Meanwhile, the traditional method is also expected to witness above-average growth.

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Table of Contents:

  1. Global Fish Sauce Market – Executive Summary
  2. Global Fish Sauce Market Overview
    2.1. Introduction
    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
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Spiced Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market 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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