The Asia Pacific Fish Sauce Market would witness market growth of 5.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 586.5 kilo tonnes, showcasing a growth of 3.7% (2019-2022).
Fish sauce, a popular condiment in Asian cuisine, has a fascinating, centuries-long history. Produced by fermenting fish with salt, this method produces a pungent yet alluring liquid rich in umami flavor. Fish sauce, whose origins are profoundly rooted in Southeast Asian and East Asian culinary traditions, has transcended borders. Whether used to add dimension to flavorful stir-fries or as a dipping condiment for tantalizing treats, its flavor profile has won over the affections of foodies everywhere.
As individuals continue investigating new tastes and flavors, their culinary sensibilities have broadened with increasing interest in cuisines. Among these, Asian cuisine shines out, as fish sauce is essential. The expansion of the food industry, coupled with consumers' growing appreciation for various flavors, has contributed significantly to the development of the market. In addition, as consumers' preferences change over time due to cultural exposure, travel, and an interest in culinary diversity, there has been a significant trend regarding embracing uisines, especially Asian cuisine, that heavily depends on fish sauce for its distinctive taste. The market expansion is anticipated to be driven by the rising demand for distinct and exotic flavors over the next few years.
Singapore, a melting pot of cultures, is a microcosm of Asia's broader culinary tapestry. Its food scene, a blend of Malay, Chinese, Indian, and Western influences, naturally positions fish sauce as a staple ingredient. Singapore's hawker centers, restaurants, and home kitchens extensively use fish sauce, mirroring the city-state's multicultural culinary ethos. The Asia Pacific fish sauce market, spanning from the vast landscapes of China and India to the island nation of Singapore, is a testament to the region's rich culinary heritage and adaptive nature. Therefore, the region will present lucrative growth prospects for the market in the coming years.
The China market dominated the Asia Pacific Fish Sauce Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,927.2 Million by 2030. The Japan market is experiencing a CAGR of 4.6% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages Industry, Household, Hotels & Restaurants, and Others. Based on Distribution Channel, the market is segmented into Food Service, Hypermarkets & Supermarkets, Online, and Others. Based on Type, the market is segmented into Southeast Asian Fish Sauce, Korean Fish Sauce, and Japanese Fish Sauce & Others. Based on Nature, the market is segmented into Premium, and Conventional. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Halcyon Proteins Pty. Ltd., Rungroj Fish Sauce Co., Ltd., Rayong Fish, auce Industry Co., Ltd., Teo Tak Seng Fish Sauce Factory Co., Ltd., Pichai Fish Sauce Co., Ltd., Viet Phu, Inc., Pairoj (Tang Sang Ha) Company Limited, Thai Fish Sauce Factory (Squid Brand) Co., Ltd., Thaipreeda Group and Masan Group Corporation
Fish sauce, a popular condiment in Asian cuisine, has a fascinating, centuries-long history. Produced by fermenting fish with salt, this method produces a pungent yet alluring liquid rich in umami flavor. Fish sauce, whose origins are profoundly rooted in Southeast Asian and East Asian culinary traditions, has transcended borders. Whether used to add dimension to flavorful stir-fries or as a dipping condiment for tantalizing treats, its flavor profile has won over the affections of foodies everywhere.
As individuals continue investigating new tastes and flavors, their culinary sensibilities have broadened with increasing interest in cuisines. Among these, Asian cuisine shines out, as fish sauce is essential. The expansion of the food industry, coupled with consumers' growing appreciation for various flavors, has contributed significantly to the development of the market. In addition, as consumers' preferences change over time due to cultural exposure, travel, and an interest in culinary diversity, there has been a significant trend regarding embracing uisines, especially Asian cuisine, that heavily depends on fish sauce for its distinctive taste. The market expansion is anticipated to be driven by the rising demand for distinct and exotic flavors over the next few years.
Singapore, a melting pot of cultures, is a microcosm of Asia's broader culinary tapestry. Its food scene, a blend of Malay, Chinese, Indian, and Western influences, naturally positions fish sauce as a staple ingredient. Singapore's hawker centers, restaurants, and home kitchens extensively use fish sauce, mirroring the city-state's multicultural culinary ethos. The Asia Pacific fish sauce market, spanning from the vast landscapes of China and India to the island nation of Singapore, is a testament to the region's rich culinary heritage and adaptive nature. Therefore, the region will present lucrative growth prospects for the market in the coming years.
The China market dominated the Asia Pacific Fish Sauce Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,927.2 Million by 2030. The Japan market is experiencing a CAGR of 4.6% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages Industry, Household, Hotels & Restaurants, and Others. Based on Distribution Channel, the market is segmented into Food Service, Hypermarkets & Supermarkets, Online, and Others. Based on Type, the market is segmented into Southeast Asian Fish Sauce, Korean Fish Sauce, and Japanese Fish Sauce & Others. Based on Nature, the market is segmented into Premium, and Conventional. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Halcyon Proteins Pty. Ltd., Rungroj Fish Sauce Co., Ltd., Rayong Fish, auce Industry Co., Ltd., Teo Tak Seng Fish Sauce Factory Co., Ltd., Pichai Fish Sauce Co., Ltd., Viet Phu, Inc., Pairoj (Tang Sang Ha) Company Limited, Thai Fish Sauce Factory (Squid Brand) Co., Ltd., Thaipreeda Group and Masan Group Corporation
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)- Food & Beverages Industry
- Household
- Hotels & Restaurants
- Others
- Food Service
- Hypermarkets & Supermarkets
- Online
- Others
- Southeast Asian Fish Sauce
- Korean Fish Sauce
- Japanese Fish Sauce & Others
- Premium
- Conventional
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Halcyon Proteins Pty. Ltd.
- Rungroj Fish Sauce Co., Ltd.
- Rayong Fish Sauce Industry Co., Ltd.
- Teo Tak Seng Fish Sauce Factory Co., Ltd.
- Pichai Fish Sauce Co., Ltd.
- Viet Phu, Inc.
- Pairoj (Tang Sang Ha) Company Limited
- Thai Fish Sauce Factory (Squid Brand) Co., Ltd.
- Thaipreeda Group
- Masan Group Corporation
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market At a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Fish Sauce Market, By Application
Chapter 5. Asia Pacific Fish Sauce Market, By Distribution Channel
Chapter 6. Asia Pacific Fish Sauce Market, By Type
Chapter 7. Asia Pacific Fish Sauce Market, By Nature
Chapter 8. Asia Pacific Fish Sauce Market, By Country
Chapter 9. Company Profiles
Companies Mentioned
- Halcyon Proteins Pty. Ltd.
- Rungroj Fish Sauce Co., Ltd.
- Rayong Fish Sauce Industry Co., Ltd.
- Teo Tak Seng Fish Sauce Factory Co., Ltd.
- Pichai Fish Sauce Co., Ltd.
- Viet Phu, Inc.
- Pairoj (Tang Sang Ha) Company Limited
- Thai Fish Sauce Factory (Squid Brand) Co., Ltd.
- Thaipreeda Group
- Masan Group Corporation
Methodology
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