Pune, Maharashtra -- (SBWire) -- 03/04/2019 --According to the latest report by Fact.MR, the global market for fish sauce is likely to experience steady growth. The market is projected to reach US$ 1,316.5 million revenue by 2022 end. Consumer demand for fish sauce will continue to grow due to the various health benefits offered by fish sauce and it also boosts the taste of the food. Increasing health-consciousness among the consumers, manufacturers are making a fish sauce by fermenting the fish using natural ingredients such as salt and water.
To improve the flavor of the food, people are replacing soy sauce with fish sauce. Manufacturers are also making a fish sauce that leads to reduced sodium intake, thereby offering the healthy product. Moreover, shifting trend towards natural food products is also resulting in the growth of the customers opting for the quality product that has been made using the natural process of fermentation without adding any chemicals. Also, a fish sauce made using natural process last for a long time.
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Plain Fish Sauce- Highly Preferred Flavor
Compared to the spiced fish sauce, the plain fish sauce is likely to gain maximum revenue share by 2017 end. The plain fish sauce is projected to exceed US$ 800 million revenue towards 2022 end. On the other hand, the spiced fish sauce is also likely to experience moderate growth throughout the forecast period.
Industrial Method to Gain Maximum Revenue Share
Industrial method is likely to be one of the most preferred methods for producing a fish sauce. Industrial method is projected to create more than US$ 200 million incremental opportunity during 2017-2022.
Highest Distribution through Modern Trade Channel
Among various distribution channels in the global fish sauce market, modern trade is likely to be the biggest distribution channel during 2017-2022. By 2022 end, modern trade is projected to exceed US$ 400 million revenue.
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Basic fish Sauce to Account for More Than Half of the Revenue Share
The basic fish sauce is projected to create more than US$ 100 million incremental opportunity between 2017 and 2022. Although the premium fish sauce is also likely to experience significant growth throughout the forecast period.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global fish sauce market through 2022, which include TANG SANG HAH CO., Ltd, Masan Consumer Corporation, Thai Preeda Group, Shantou Fish Sauce Factory Co., Ltd, Teo Tak Seng Fish-Sauce Factory Co. Ltd, Thai Fishsauce Factory (Squid Brand) Company Limited, Rayong Fish Sauce Industry Co., Ltd, Pichai Fish Sauce Co., Ltd, Halcyon Proteins Pty., Ltd, and Hung Thanh Co.LTD.
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Table of Contents Covered in the report are:
1. Global Fish Sauce Market - Executive Summary
2. Global Fish Sauce Market Overview
2.1. Introduction
2.1.1. Global Fish Sauce Market Taxonomy
2.1.2. Global Fish Sauce Market Definition
2.2. Global Fish Sauce Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Fish Sauce Market Y-o-Y Growth
2.3. Global Fish Sauce Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Fish Sauce Market Analysis and Forecast By Flavor
3.1. Global Fish Sauce Market Size and Forecast By Flavor, 2012-2022
3.1.1. Plain Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Spiced Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
4. Global Fish Sauce Market Analysis and Forecast By Technology
4.1. Global Fish Sauce Market Size and Forecast By Technology, 2012-2022
4.1.1. Traditional method Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Industrial method Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
5. Global Fish Sauce Market Analysis and Forecast By Distribution Channel
5.1. Global Fish Sauce Market Size and Forecast By Distribution Channel, 2012-2022
5.1.1. Modern Trade Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region
5.1.2. Convenience Stores Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Region
5.1.2.2. Market Share Comparison, By Region
5.1.2.3. Y-o-Y growth Comparison, By Region
5.1.3. Drug Stores Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Region
5.1.3.2. Market Share Comparison, By Region
5.1.3.3. Y-o-Y growth Comparison, By Region
5.1.4. Traditional Groceries Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Region
5.1.4.2. Market Share Comparison, By Region
5.1.4.3. Y-o-Y growth Comparison, By Region
5.1.5. Online Retailers Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By Region
5.1.5.2. Market Share Comparison, By Region
5.1.5.3. Y-o-Y growth Comparison, By Region
5.1.6. Others Market Size and Forecast, 2012-2022
5.1.6.1. Revenue (US$ Mn) Comparison, By Region
5.1.6.2. Market Share Comparison, By Region
5.1.6.3. Y-o-Y growth Comparison, By Region
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Fish Sauce by Flavour - Plain, Spiced; Technology - Traditional Method, Industrial Method; Distribution Channel - Modern Trade, Convenience Stores, Drug Stores
Fact.MR has announced the addition of the “ Fish Sauce Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.