Fish Sauce Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Fish Sauce Market Share & Companies and It is Segmented by Product Type (Industrial and Traditional); Composition (Mass and Premium); End-User (Food Manufacturers, Retail, and Foodservice); and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Size Provided in Terms of Value in USD for all the Abovementioned Segments.

Fish Sauce Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Fish Sauce Market Size

Fish Sauce Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.76 %
Fastest Growing Market North America
Largest Market Asia
Market Concentration High

Major Players

Fish Sauce Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Fish Sauce Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

Fish Sauce Market Analysis

The Fish Sauce Market is expected to register a CAGR of 5.76% during the forecast period.

Fish sauce is the most popular fermented fish product regarded as an indispensable condiment in the culinary cultures of many Asian countries. It is produced using Halophilic bacteria with a characteristic flavor and aroma. It contains abundant amino acids, peptides in salt-soluble form, and vitamins and minerals, including sodium, calcium, and vitamin B12. Therefore, the rising awareness about the high nutritional value of fish sauce is propelling the global market growth.

  • Additionally, the rise in demand for fortified products drives the global fish sauce market. For instance, the Government of Cambodia has recognized the growing importance of food fortification as one of the successful strategies that improved the nutritional security of its people. The introduction of iron-fortified fish sauce has resulted in the improvement of health status among individuals. Many Asian countries, such as Indonesia, China, and Thailand, produce industrial fish sauces fortified with iron. Seasonings are better sources to infuse micronutrients in dietary practices, according to the bioavailability of nutrients, such as vitamin A, iron, folic acid, and zinc. The expanding food services industry, such as full-service restaurants, café, pubs, street kiosk fast food, and 100% home delivery, further increased the consumption of fortified fish sauce in customary and personalized food offerings.
  • Furthermore, the distribution channels play a crucial role in the market growth, as fish sauce is generally exported from Southeast Asian countries. As a well-established distribution channel is required to effectively sell these products, the market witness fierce competition among the existing brands manufacturing traditional and industrial fish sauce.

Fish Sauce Industry Overview

The global fish sauce market is consolidated and highly competitive, with the dominance of several global players. Masan Consumer, Thanh Hung Co., Ltd, Red Boat, Unilever PLC, and Rayong Fish Sauce Industry Co. Ltd are some of the leading players in the market. Expansions and strategic agreements are some crucial strategies adopted by these players to maintain their position in the global market. Additionally, innovations in products have been essential for the players to retain their customer base and brand image.

Fish Sauce Market Leaders

  1. Masan Group

  2. Unilever PLC

  3. Thanh Hung Co., Ltd

  4. Viet Phu Inc. (Red Boat Fish Sauce)

  5. Rayong Fish Sauce Industry Co. Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Fish Sauce Market Concentration
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Fish Sauce Market News

  • May 2023: Red Boat fish sauce launched its new kho sauce. The company claimed the sauce was made with Red Boat's premium fish sauce and a blend of black pepper, shallots, and ginger.
  • March 2023: Nam O fishing village in Da Nang City's Lien Chieu launched a fish sauce called the 'Huong Lang Co' (Ancient Village Savour) brand, a hand-made fish sauce produced by people in the village displayed in the Tokyo exhibition. According to the Japan-Vietnam Gastronomy Association (JVGA), Da Nang-based fish sauce and unique products from 62 provinces and cities of Vietnam have been selected to display at the international food and beverage exhibition in Tokyo.
  • May 2022: The Industrial University of Ho Chi Minh City hosted the official launch of Ca Ty fish sauce products. The research and development for this product were carried out by the Industrial University of Ho Chi Minh, Thuan Hung Fish Sauce Manufacturing Co., Ltd., and Tatsuya Co., Ltd.

Fish Sauce Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Nutrient Deficiency Among a Large Section of the Population
    • 4.1.2 Ethnic Diversity and Multiculturalism
  • 4.2 Market Restraints
    • 4.2.1 High Salt Content Limiting the Consumption of Fish Sauce
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Product Type
    • 5.1.1 Industrial
    • 5.1.2 Traditional
  • 5.2 Composition
    • 5.2.1 Mass
    • 5.2.2 Premium
  • 5.3 End-User
    • 5.3.1 Food Manufacturers
    • 5.3.2 Retail
    • 5.3.3 Food Service
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.1.4 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 Spain
    • 5.4.2.4 France
    • 5.4.2.5 Italy
    • 5.4.2.6 Russia
    • 5.4.2.7 Rest of Europe
    • 5.4.3 Asia Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Amalysis
  • 6.3 Company Profiles
    • 6.3.1 Viet Phu Inc. (Red Boat Fish Sauce)
    • 6.3.2 Thai Fishsauce Factory (Squid Brand) Co. Ltd
    • 6.3.3 Unilever PLC
    • 6.3.4 Masan Group
    • 6.3.5 Rayong Fish Sauce Industry Co. Ltd
    • 6.3.6 Rungroj Fish Sauce Co. Ltd
    • 6.3.7 Pichai Fish Sauce Co. Ltd
    • 6.3.8 Tang Sang Ha Co.
    • 6.3.9 Sozye
    • 6.3.10 Thanh Hung Co., Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Fish Sauce Industry Segmentation

Fish sauce is made from brackish water, seawater, and freshwater fish with a salt concentration of 22-26%, w/v. It is mainly used as a condiment to flavor rice and other cereal dishes, especially in Thai dishes.

The global fish sauce market is segmented by product type, composition, end-user, and geography. By product type, the market is segmented into industrial and traditional. By composition, the market is segmented into mass and premium. The market is segmented by end-users into food manufacturers, retail, and food service. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, Middle East, and Africa. 

The market sizing has been done in value terms in USD for all the abovementioned segments.

Product Type Industrial
Traditional
Composition Mass
Premium
End-User Food Manufacturers
Retail
Food Service
Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle-East and Africa United Arab Emirates
South Africa
Rest of Middle-East and Africa
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Fish Sauce Market Research FAQs

What is the current Fish Sauce Market size?

The Fish Sauce Market is projected to register a CAGR of 5.76% during the forecast period (2025-2030)

Who are the key players in Fish Sauce Market?

Masan Group, Unilever PLC, Thanh Hung Co., Ltd, Viet Phu Inc. (Red Boat Fish Sauce) and Rayong Fish Sauce Industry Co. Ltd are the major companies operating in the Fish Sauce Market.

Which is the fastest growing region in Fish Sauce Market?

North America is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Fish Sauce Market?

In 2025, the Asia accounts for the largest market share in Fish Sauce Market.

What years does this Fish Sauce Market cover?

The report covers the Fish Sauce Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Fish Sauce Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Fish Sauce Industry Report

The global fish sauce market, experiencing significant growth due to pet humanization and an increasing cat population, this surge is fueled by the demand for efficient, odor-controlling, and eco-friendly cat litter options, with innovations like clumping clay, silica gel crystals, and natural plant-based alternatives meeting the needs of discerning cat owners. The market, favoring natural and sustainable litters, is segmented by product type, raw material, and distribution channel, with clumping litter and clay-based products leading due to their absorbency and odor control. While hypermarkets/supermarkets remain primary distribution channels, online sales are on the rise, especially in the Asia-Pacific region, which is witnessing rapid market growth. Despite supply chain challenges, the cat litter market's future looks promising, with opportunities for innovation and expansion to cater to evolving consumer preferences. Statistics for the Fish market share, size, and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fish analysis includes a market forecast outlook and a historical overview. Get a sample of this industry analysis as a free report PDF download.

Fish Sauce Market Report Snapshots