- Report
- Fish Sauce Market
Fish Sauce Market
Fish Sauce Market By Flavor (Plain Fish Sauce, Spiced Fish Sauce), Technology
(Tradition Method, Industrial Method), Sales Channel (Offline Sales Channel, Online
Sales Channel) & Region - Forecast 2022 - 2032
Market Insights on Fish Sauce covering sales outlook, demand forecast & up-to-date key trends
Fish Sauce Market Outlook (2022-2032)
[350 Pages Report] The global fish sauce market is expected to reach market
valuation of US$ 17.7 Bn in 2022, with sales increasing at a CAGR
of 5.8% over the forecast period 2022-2032. Total sales of fish sauce accounted
for around 16% of the global sauces, condiments, and dressing market, which
was valued at US$ 103 Bn in 2021.
Fish Sauce Market Size (2022E)
US$ 17.7 Bn
Fish Sauce Market Projected Size (2032F)
USD 30.6 Bn
Fish Sauce Market Value-based CAGR (2022-2032)
5.8%
Fish Sauce Market Top 3 Countries Market Share
35.8%
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Growth in the fish sauce market is attributed to rising preference for ethnic and
spicy flavors among consumers. Moreover, shifting preference more natural and
healthy eating habits is likely to propel the demand for fish sauce. These sauces
are naturally fermented and rich in nutrients derived from fish and fish organs,
which are beneficial for enhancing the overall health.
How Does Fish Sauce Market Historic And Future Outlook
Compare?
Fish sauce sales grew at a CAGR of 5% between 2017 and 2021. This is owing
growing interest in multi-cuisine dishes among consumers. Fish sauce is
quickly becoming a standard in table sauce selections as a wide consumer pool
is willing to experiment with different flavored dishes.
With the onset of COVID-19, the interest in vegetarian and fish-based diets
increases to an extent. According to survey findings published in the BMJ
Nutrition Prevention & Health, plant and fi