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Download Free sampleThe global Fish Sauce market was valued at 2552.11 Million USD in 2021 and will grow with a CAGR of 4.3% from 2021 to 2027, based on Research newly published report.
The prime objective of Fish Sauce Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Fish Sauce Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Fish sauce is an amber-coloured liquid extracted from the fermentation of fish with sea salt. It is used as a condiment in various cuisines. Fish sauce is a staple ingredient in numerous cultures in Southeast Asia and the coastal regions of East Asia, and features heavily in Cambodian, Filipino, Thai, Laotian and Vietnamese cuisines. It also was a major ingredient in ancient European cuisine, but is no longer commonly used in those regions.Market competition is intens. Masan Consumer, Tang Sang Ha and Thaipreeda Group are the leaders of Fish Sauce industry, with about 49% market shares. Thailand is the largest supplier and consumer of Fish Sauce, with a production market share of 44% and a consumption market share of 26%. The second place is Vietnam, following Thailand with the production market share of 37%, and the sales market share nearly 22%. China is another important market of Fish Sauce, enjoying 6% Sales market share.
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