Fish Sauce Market Growth with Trends, Analysis by Regions, Type, Application, Restraints

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Fish Sauce Market Size Was Valued at USD 18.50 Billion in 2023, and is Projected to Reach USD 28.94 Billion by 2032, Growing at a CAGR of 5.10% From 2024-2032.

Fish sauce is a sort of South East Asian sauce crafted from fish and salt and goes thru the technique of fermentation. In its training, fish is placed on layers of salt on a barrel and left to ferment for numerous months to years and outcomes in a smelly amber fluid. Umami-rich fish sauce is used to feature more flavor to the dishes – continually improving the taste of soups, marinades, and sauces based totally on fish. Used extensively in South-East Asian cuisine specifically Thailand, Vietnam and Philippines, fish sauce bureaucracy a element and parcel of South – East Asian ethnic pallet.

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Key Prominent Players In The Fish Sauce Market:

·         TANG SANG HA CO. Ltd (Thailand)

·         Masan Group (Vietnam)

·         ThaiPreeda Group (Thailand)

·         Shantou Haimao Foodstuff Factory Co., Ltd. (China)

·         Teo Tak Seng Fish Sauce Factory Co., Ltd.(Thailand)

·         Thai Fishsauce Factory (Squid Brand) Company Limited (Thailand)

·         Rayong Fish Sauce Industry Co. Ltd (Thailand)

·         Pichai Fish Sauce Co. Ltd (Thailand)

·         Halcyon Proteins (Australia)

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Global Fish Sauce Market Segmentation:

By Product Type       

·         Industrial

·         Traditional

By Composition        

·         Mass

·         Premium

By End User   

·         Food Manufacturers

·         Retail

·         Foodservice

 Geographic Segment Covered in the Report:

·         North America (US, Canada, Mexico)

·         Fish Saucen Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Fish Saucen Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

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Fish Sauce Market Trend Analysis

Growing Demand for Premium and Organic Fish Sauces

The potentialities for the boom of the consumption of the niche Premium and natural fish sauces supplemented by way of the developments related to the rising reputation of the focus on fitness and pleasant of the food ingredients. The outstanding fish sauces, which can be typically distinctive through the unique, alternatively dense and the deeperose umame flavor, and which might be produced in the course of longer durations of the use of fish for fermentation, are correctly supplemented into the current kitchen for gourmand and cooks. The organic variants are steadily growing a marketplace most of the population involved with the usage of chemical substances and synthetic components of their food products. The following is given further raise by way of boom in the intake of Asian foods searingly across the world where fish sauce is employed regularly.

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