Market Overview

The Global Fish Sauce Market was valued at USD 13,032.3 million in 2023 and is expected to reach USD 20,460.1 million by 2031 while growing at a CAGR of 5.8% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global fish sauce market growth. Fish sauce, a liquid condiment made from fermented fish, salt, and sometimes additional ingredients, is a staple in Southeast Asian and East Asian cuisines. The production process involves fermenting small, oily fish like anchovies with salt for an extended period, resulting in a unique umami flavor contribution to dishes.

Increasing consumer awareness of Asian cuisine, culinary diversity, and globalization is driving the growth of the fish sauce market. However, obstacles like price volatility of raw materials and sustainability concerns may impede market expansion.

Furthermore, the global fish sauce industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Fish Sauce Market is segmented among Industrial, and Traditional, based on Product Type. In 2023, Traditional accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Composition Analysis

The Global Fish Sauce Market is segmented among Mass, and Premium, based on Composition. In 2023, Mass accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Fish Sauce Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Viet Phu Inc. (Red Boat Fish Sauce), Thai Fishsauce Factory (Squid Brand) Co. Ltd, Unilever PLC, Masan Group, Rayong Fish Sauce Industry Co. Ltd, Rungroj Fish Sauce Co. Ltd, Pichai Fish Sauce Co. Ltd, Tang Sang Ha Co., Sozye, and Thanh Hung Co., Ltd.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Fish Sauce Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Fish Sauce Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Fish Sauce Market Segmentation, By Product Type  

• Global Fish Sauce Market Share Analysis, By Product Type  

• Global Fish Sauce Market Growth Analysis, By Product Type  

• Global Fish Sauce Market Trends, By Product Type  

o Industrial

o Traditional

6. Global Fish Sauce Market Segmentation, By Composition

• Global Fish Sauce Market Share Analysis, By Composition

• Global Fish Sauce Market Growth Analysis, By Composition

• Global Fish Sauce Market Trends, By Composition

o Mass

o Premium

7. Global Fish Sauce Market Segmentation, By End-user

• Global Fish Sauce Market Share Analysis, By End-user

• Global Fish Sauce Market Growth Analysis, By End-user

• Global Fish Sauce Market Trends, By End-user

o Food Manufacturers

o Retail

o Food Service

8. Global Fish Sauce Market Segmentation, By Region

• Global Fish Sauce Market Share Analysis, By Region

• Global Fish Sauce Market Growth Analysis, By Region

• Global Fish Sauce Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Viet Phu Inc. (Red Boat Fish Sauce)*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Thai Fishsauce Factory (Squid Brand) Co. Ltd

• Unilever PLC

• Masan Group

• Rayong Fish Sauce Industry Co. Ltd

• Rungroj Fish Sauce Co. Ltd

• Pichai Fish Sauce Co. Ltd

• Tang Sang Ha Co.

• Sozye

• Thanh Hung Co., Ltd

 *Similar analysis will be provided for each company listed above.