MarketResearchNest.com adds “Global Fish Sauce Market Growth 2019-2024”new report to its research database.
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.
In the last several years, Global market of Fish Sauce developed with the production keeps at the production level of more than1000 K MT. In 2015, global capacity of Fish Sauce was more than 1100 K MT.
Thailand is the largest supplier and consumer of Fish Sauce, with a production market share of 44.8% and a consumption market share of 26.9% in 2015.
The second place is Vietnam, following Thailand with the production market share of 37.7%, and the sales market share nearly 22.4%. China is another important market of Fish Sauce, enjoying 6.7% Sales market share.
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According to this study, over the next five years the Fish Sauce market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 2930 million by 2024, from US$ 2300 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fish Sauce business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Fish Sauce market by product type, application, key companies and key regions.
This study considers the Fish Sauce value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Traditional Fish Sauce
- Industrial Fish Sauce
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- Masan Consumer
- Tang Sang Ha
- Thaipreeda Group
- Teo Tak Seng
- Shantou Fish Sauce
- Hung Thanh
- Thai Fishsauce Factory
- Pichai Fish Sauce
- Viet Phu
- Halcyon Proteins
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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- To study and analyze the global Fish Sauce market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Fish Sauce market by identifying its various subsegments.
- Focuses on the key global Fish Sauce players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Fish Sauce with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Fish Sauce submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Mr. Jeet Jain