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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
March 2022 | REP-GB-14433 |
350 pages
|
Food and
Beverage
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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%
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 Nutrit