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.
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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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