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Fish Sauce Market Demand 2024, Analysis Key Players, Size, Share and Report By 2032

02-07-2024 12:19 PM CET | Food & Beverage

Press release from: IMARC Group

Fish Sauce Market

Fish Sauce Market

IMARC Group's latest report, titled "Fish Sauce Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032", the global fish sauce market size reached US$ 16.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 21.3 Billion by 2032, exhibiting a growth rate (CAGR) of 2.8% during 2024-2032.

Fish sauce is a condiment with deep roots in Asian cuisine, particularly popular in Southeast Asian countries. It is a savory liquid extracted from fermented fish, usually anchovies or other small, oily fish, combined with salt. The fermentation process can take several months to years, allowing the fish to break down into a flavorful and aromatic liquid. Fish sauce is a key ingredient in many traditional dishes, adding a unique umami flavor and enhancing the overall taste profile. Known for its pungent aroma, fish sauce is used in various culinary applications, ranging from marinades and dressings to soups and stir-fries. It serves as a versatile seasoning that imparts a rich, salty, and savory depth to dishes. The quality and flavor of fish sauce can vary based on the type of fish used, the fermentation process, and the duration of aging.

Request Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/fish-sauce-market/requestsample

Market Leader in Fish Sauce Market:

• 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
• Unilever plc

Fish Sauce Industry Trends:

The changing consumer preferences, and an increasing awareness of umami flavors is driving the global market. Fish sauce, a staple condiment in many Southeast Asian dishes, has gained global recognition as a versatile and essential ingredient, contributing to the market's expansion. Moreover, the globalization of culinary tastes and an increased interest in authentic ethnic cuisines have played a significant role in augmenting the demand for fish sauce worldwide. As consumers become more adventurous in their culinary choices, the use of fish sauce extends beyond traditional Southeast Asian recipes, finding applications in diverse international cuisines. Besides, the expansion of the global food industry and the proliferation of Asian restaurants and eateries contribute to the market's growth.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/fish-sauce-market

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

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Related Report By IMARC Group:

https://www.imarcgroup.com/on-demand-transportation-market

https://www.imarcgroup.com/smart-air-purifiers-market

https://www.imarcgroup.com/bubble-tea-market

https://www.imarcgroup.com/food-flavors-market

https://www.imarcgroup.com/health-wellness-market

Contact US:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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