Wednesday 17 January 2018

Fish Sauce Market 2022 Expected to Rise at A Higher CAGR XX% Value, Driving Factors, Sales and Revenue

Fish Sauce is an amber-colored liquid extracted from the fermentation of fish with sea salt. It is used as a condiment in different cuisines. Fish sauce is a staple ingredient in various cultures in Southeast Asia and the coastal regions of East Asia, and features heavily in Burmese, Cambodian, Filipino, Thai, Lao and Vietnamese cuisines. It also was a major ingredient in ancient European cuisine, but is no longer commonly used in those regions. Global fish sauce market gains a positive traction in the forecast period owing to changing market dynamics coupled with driving factors.



Factors propelling the market growth includes increasing consumer demand. In addition, the innovation of new products and tastes drives the growth of this market. On the other hand, there are also factors that hamper the growth of the market such as substitutes to fish sauce. In addition, health concerns due to the added preservatives, coupled with the growing popularity of vegan foods are also expected to restrain the growth of the market. The Fish Sauce market share is classified on the basis of types, applications, distribution channel and geography.

On the basis of types, the Fish Sauce market is classified as Trade Technology Fish Sauce and Industrial Fish Sauce. On the basis of applications, the Fish Sauce market is classified as domestic use, restaurants, food industries, and others. On the basis of distribution channel, the Fish Sauce market share is classified as super markets/hyper markets, convenience stores, specialty food stores, online retailers, and others. On the basis of geography, the Fish Sauce market share is classified as North America, Europe, Asia Pacific, South America, and Middle East and Africa. The North American region consists of U.S., Canada, and Mexico. The European region consists of Germany, France, England and Russia. Asia Pacific region consists of China, Japan, Korea, India, and Southeast Asia.



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