Fish Sauce Market Size, Share & Trends Analysis Report By Product Type (Traditional, Industrial), By Application (Domestic/Household, Foodservice Industry, and Restaurant), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The global fish sauce market size is expected to reach USD 19.50 billion by 2025 registering a CAGR of 3.51%, according to a new report by Grand View Research, Inc. Fish sauce contains numerous vital nutrients and minerals including iodine and vitamins A & D. Rising cases of thyroid problems and related diseases have led to an increased demand across the globe, thereby augmenting market growth.

Fish sauce is widely used as a substitute for soy sauce in many countries as it has a numerous health benefits. It is also used as an ingredient for casseroles and soups, which is propelling its demand further. In addition, manufacturers are using natural fermentation processes by using anchovies and sea salt to retain the product's nutritional value. This is likely to contribute to the market growth.

Fish sauce is a staple ingredient in many cuisines, which is also expected to spur the demand in future. Moreover, print and media advertisements have played a big role in creating awareness about the product, thereby supporting the overall market growth. U.S. being the largest consumer, North America is expected to be the dominant regional market over the forecast period. The market in Central & South America is projected to register the fastest CAGR of 3.8% from 2019 to 2025.

Some of the key companies in the global market are Teo Tak Seng Fish-Sauce Factory Co. Ltd, Pichai Fish Sauce Co., Masan Consumer Corporation, Rayong Fish Sauce Industry Co., Ltd., Shantou Fish Sauce Factory Co., TANG SANG HAH CO., Ltd., Thai Fishsauce Factory (Squid Brand) Co. Ltd., Fish Sauce Co., Ltd., Halcyon Proteins Pty. Ltd., and Hung Thanh Co. Ltd.

Further key findings from the report suggest:

• Traditional fish sauce is projected to be the fastest-growing, as well as the largest, product type segment over the forecast years

• The restaurants application segment is likely to lead the global market expanding at the fastest CAGR of 3.6% from 2019 to 205

• North America led the global fish sauce market in 2018 and accounted for a market share of 45%. The region is estimated to grow further at a steady CAGR during the forecast years

• Key companies in the market focus on new product development and capacity and portfolio expansion to estimate existing and future demand patterns from upcoming application segments

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Fish Sauce Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Fish Sauce Market
                  3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Fish Sauce Market: Product Type Estimates & Trend Analysis
                  5.1. Product Type Movement Analysis & Market Share, 2018 & 2025
                  5.2. Traditional
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  5.3. Industrial
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Fish Sauce Market: Application Estimates & Trend Analysis
                  6.1. Application Movement Analysis & Market Share, 2018 & 2025
                  6.2. Domestic/Household
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.3. Food Service Industry
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                  6.4. Restaurants
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Fish Sauce Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.2.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                      7.2.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.2.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.3.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                      7.3.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion))
                      7.3.4. U.K.
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.3.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.3.5. Germany
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.3.5.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                      7.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.4.4. Japan 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.4.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.4.5. China 
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.4.5.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.5.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                      7.5.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.5.4. Brazil
                          7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.5.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                  7.6. Middle East & Africa 
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                      7.6.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                      7.6.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
                      7.6.4. South Africa 
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.4.2. Market estimates and forecast, by Product Type, 2015 - 2025 (USD Billion)
                          7.6.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
Chapter 8. Competitive Analysis
                  8.1. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.2. Vendor Landscape
                      8.2.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. Teo Tak Seng Fish-Sauce Factory Co. Ltd.
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Product Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Pichai Fish Sauce Co.
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Product Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. Masan Consumer Corporation
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Product Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. Rayong Fish Sauce Industry Co., Ltd
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Product Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Shantou Fish Sauce Factory Co.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Product Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. TANG SANG HAH CO., Ltd.
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Product Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Thai Fish Sauce Factory (Squid Brand) Company Limited 
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Product Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Halcyon Proteins Pty., Ltd.
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Product Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Hung Thanh Co. Ltd.
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Product Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Rungroj Fish Sauce Co., Ltd.
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Product Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

TABLE 1 Fish Sauce - Market driver analysis
TABLE 2 Fish Sauce Market restraint analysis
TABLE 3 Fish Sauce Market estimates and forecasts in Product Type, 2015 - 2025 (USD Billion)
TABLE 4 Fish Sauce Market estimates and forecasts in Application, 2015 - 2025 (USD Billion)
TABLE 5 North America Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 6 North America Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 7 North America Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 8 U.S. Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 9 U.S. Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion) 
TABLE 10 U.S. Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 11 Europe Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 12 Europe Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 13 Europe Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 14 U.K. Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 15 U.K. Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 16 U.K. Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 17 Germany Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 18 Germany Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 19 Germany Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 20 Asia Pacific Fish Sauce Market estimates and forecasts, 2015- 2025 (USD Billion)
TABLE 21 Asia Pacific Fish Sauce Market revenue, by Product Type, 2015- 2025 (USD Billion)
TABLE 22 Asia Pacific Fish Sauce Market revenue, by Application, 2015- 2025 (USD Billion)
TABLE 23 China Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 24 China Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 25 China Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 26 Japan Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 27 Japan Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 28 Japan Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 29 Central and South America Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 30 Central and South America Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 31 Central and South America Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 32 Brazil Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 33 Brazil Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 34 Brazil Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 35 Middle East and Africa Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 36 Middle East and Africa Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 37 Middle East and Africa Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)
TABLE 38 South Africa Fish Sauce Market estimates and forecasts, 2015 - 2025 (USD Billion)
TABLE 39 South Africa Fish Sauce Market revenue, by Product Type, 2015 - 2025 (USD Billion)
TABLE 40 South Africa Fish Sauce Market revenue, by Application, 2015 - 2025 (USD Billion)

List of Figures

FIG. 1 Fish Sauce Market segmentation & scope
FIG. 2 Fish Sauce Market key opportunities prioritized
FIG. 3 Value chain analysis Fish Sauce
FIG. 4 Fish Sauce Market dynamics
FIG. 5 Fish Sauce Market Porter's analysis
FIG. 6 Fish Sauce Market: Product Type movement analysis
FIG. 7 Fish Sauce Market: Application movement analysis
FIG. 8 Regional market place: Key takeaways
FIG. 9 Fish Sauce Market: Regional movement analysis
FIG. 10 Strategy framework