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Los Angeles, CA -- (SBWIRE) -- 04/13/2019 -- 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.
The global Fish Sauce market was 2300 million US$ in 2018 and is expected to 3050 million US$ by the end of 2025, growing at a CAGR of 3.6% between 2019 and 2025.
This report studies the Fish Sauce market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fish Sauce in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Masan Consumer
Tang Sang Ha
Thaipreeda Group
NANDAO
Teo Tak Seng
Shantou Fish Sauce
Jinguanyuan
Hung Thanh
Thai Fishsauce Factory
Pichai Fish Sauce
Rayong
Rungroj
Viet Phu
Marine
Halcyon Proteins
By the product type, the market is primarily split into
Traditional Fish Sauce
Industrial Fish Sauce
By the end users/application, this report covers the following segments
Commerical
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