Latest News- Fish Sauce Market: Industrial fish sauce is expected to lead the Product segment during 2025-2029

The Fish Sauce Market is being driven by Increasing preference for convenience in cooking

The Fish Sauce Market is expected to grow at a CAGR of 7.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1282.6 million. The global fish sauce market is poised for significant expansion during the forecast period, driven in part by the increasing retail space worldwide. Key distribution channels include supermarkets and hypermarkets, convenience stores, and discount outlets. Notably, online sales are experiencing notable growth, with e-commerce platforms like Amazon, Tesco, BigBasket, and others driving market expansion. Market participants, including American Garden, KC Masterpiece, Killer Hogs, Trader Joes, and VEEBA, have capitalized on this trend by establishing online presence and brands. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Industrial fish sauce
  • Traditional fish sauce
• Distribution Channel
  • Offline
  • Online
• Product Type
  • Mass
  • Premium
• End-user
  • Food manufacturers
  • Retail and food service
• Type
  • Anchovy
  • Mackerel
  • Squid
  • Shrimp
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing preference for convenience in cooking
• Wide application of fish sauce
• Growing demand for ethnic cuisines

However, the market also witnesses some limitations, which are as follows:

• Stringent regulations in food industry
• Increasing prevalence of fish allergy among consumers
• Declining krill population

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Market Scope in Fish Sauce Market Research Report

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Research Analysis Overview

In the realm of ethnic cuisines, fish sauce, derived from the fermentation of fish, plays a pivotal role in enhancing the flavors of various dishes. This versatile condiment is not exclusive to seafood, as it also complements meat and vegetable dishes. Brands offering preservative-free, sustainable production fish sauces are preferred for gourmet food stores and healthy dietary choices. Fish sauce is a staple in Thai and Vietnamese cuisines, adding depth to marinades, salads, and dipping sauces. Sushi and sushi rolls are also elevated with its addition. Rich in vitamins D and B12, fish sauce is a healthy alternative to soy sauce. For those following a gluten-free diet, fish sauce is a light viscosity, authentic alternative to soy sauce. It adds rich umami flavors to stir fry dishes, ramen, and noodles. Artisanal fish sauce brands offer medium viscosity options, perfect for enhancing the taste of eggs, chicken, and vegetables in recipes. Fish sauce is a nutritious addition to a gourmet food diet, providing essential vitamins and minerals. Its versatility extends beyond Asian cuisine, making it a must-have in any kitchen. Try it in your favorite recipes and discover the depth of flavors it brings to the table.

Market Research Overview

The global packaged foods and meats market encompasses businesses engaged in food processing to ensure food safety and enhance shelf life. According to Technavio, the market's size is determined by the consolidated revenue of participating vendors. This market segment does not include food processing equipment manufacturers or producers of packaged beverages, including alcoholic and non-alcoholic varieties. Factors fueling the market's expansion include the health benefits linked to the consumption of minimally processed foods. Rich in essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C, minimally processed foods such as vegetables and fish sauce add intricate flavors to various snacks and ready-to-eat meals.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/