Technavio has been monitoring the global fish sauce market since 2018 and the market is poised to grow by USD 537.05 million during 2019-2023, progressing at a CAGR of over 5% during the forecast period.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190913005269/en/
Technavio has announced its latest market research report titled global fish sauce market 2019-2023. (Graphic: Business Wire)
Read the 115-page research report with TOC on "Fish Sauce Market Analysis Report by product (industrial fish sauce and traditional fish sauce) and geography (APAC, Europe, MEA, North America, and South America) and Segment Forecasts, 2019 2023".
Request Free Sample Pages
The market is driven by the widespread use of fish sauce as an essential ingredient in various cuisines. Also, the increase in global fish production is anticipated to further boost the growth of the market during the forecast period.
Fish sauce is used for cooking a variety of dishes as it helps in adding a savory flavor to food. Fish sauce is an essential ingredient in dishes made in several countries such as Cambodia, Vietnam, and Thailand, which is fueling demand for fish sauces in these countries. In addition, cost-conscious consumers prefer to prepare food at home rather than spending in restaurants and food-service outlets. Also, an increasing number of cooking shows are encouraging people to experiment and cook at home. Thus, the growing use of fish sauce and the rise in the number of people cooking at home are factors that will drive the global fish sauce market during the forecast period.
Register for a free trial today and gain instant access to 10,000+ market research reports. Technavio's SUBSCRIPTION platform
Major Five Fish Sauce Companies:
Masan Group Corp.
Masan Group Corp. offers food and beverage products such as soy sauce, fish sauce, seasoning, chili sauce, instant noodles, instant congee, instant coffee, instant cereals, bottled beverages, processed meat, and beer. The company offers fish sauce under the brands Chin-su, Chin-su Nam Ngu, and Nam Ngu.
Pichai Fish Sauce Co. Ltd.
Pichai Fish Sauce Co. Ltd. manufactures a wide range of fish sauces such as oyster, lobster, and tuna fish sauce. The company offers fish sauce under the brand names NAMPLA and PLA SAITAN, among others.
Rayong Fish Sauce Industry Co. Ltd.
Rayong Fish Sauce Industry Co. Ltd. is a well-known manufacturer and distributor of high quality fish sauces. The company offers fish sauces such as anchovy and lobster fish sauces under brand names Abalone, Smed, Platip, and Pla-tae.
Thai Fishsauce Factory (Squid Brand) Co. Ltd.
Thai Fishsauce Factory (Squid Brand) Co. Ltd. offers sauces such as fish sauce, barbeque (BBQ) dipping sauce, seafood dipping sauce, and Vietnamese dipping sauce. The company offers fish sauce under the brand name Squid.
Unilever Group owns and operate businesses under three segments, namely beauty and personal care, home care, and food and refreshment. The company offers fish sauce under the brand name Knorr.
Technavio has segmented the fish sauce marketbased on the product and region.
Fish Sauce Product Outlook (Revenue, USD Million, 2019 2023)
- Industrial fish sauce
- Traditional fish sauce
Fish Sauce Regional Outlook (Revenue, USD Million, 2019 2023)
- North America
- South America
Technavio's sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Related Reports on Consumer Staples are:
Crayfish Market Global Crayfish Market by type (farmed crayfish and wild crayfish) and geography (APAC, Europe, MEA, North America, and South America).
Groundfish Market- Global Groundfish Market by product (Alaska pollock, blue whiting, Atlantic cod, Hake, and others) and geography (APAC, Europe, MEA, North America, and South America).
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200