비건 피쉬 소스 시장 규모, 점유율, 성장 분석 : 제품 유형별, 유통 채널별, 배합별, 최종 용도별, 지역별 산업 예측(2025-2032년)

Global Vegan Fish Sauce Market size was valued at USD 371.3 million in 2023 and is poised to grow from USD 422.54 million in 2024 to USD 1188.52 million by 2032, growing at a CAGR of 13.8% during the forecast period (2025-2032).

The global vegan fish sauce market is experiencing a robust expansion as consumers increasingly seek plant-based alternatives aligned with sustainability and health-conscious choices. The growing awareness of overfishing and marine biodiversity issues, combined with health concerns surrounding traditional fish sauce, has significantly boosted the demand for vegan options. Typically made from ingredients like seaweed, soy, and mushrooms, vegan fish sauce is gaining traction for its umami flavor and nutritional benefits, especially in functional foods and health-oriented diets. The movement toward clean-label, allergen-free condiments and the rise of health-focused consumers are major market drivers. This competitive landscape includes both niche vegan brands and established condiment manufacturers, focusing on innovative product development and global distribution to capture market share. Vegan fish sauce is increasingly utilized as a substitute in various culinary applications.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Vegan Fish Sauce market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Vegan Fish Sauce Market Segments Analysis

Global Vegan Fish Sauce Market is segmented by Product Type, Distribution Channel, Formulation, End Use and region. Based on Product Type, the market is segmented into Soy-Based, Mushroom-Based, Seaweed-Based and Pea Protein-Based. Based on Distribution Channel, the market is segmented into Online Retail, Supermarkets, Specialty Stores and Health Food Stores. Based on Formulation, the market is segmented into Liquid, Powder and Paste. Based on End Use, the market is segmented into Household, Food Services and Restaurants. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Vegan Fish Sauce Market

The global vegan fish sauce market is significantly influenced by the rising adoption of this product in both household and foodservice environments. Increasing awareness surrounding sustainability, the benefits of vegan diets, and the need for allergen-free options has led consumers to seek cleaner alternatives to conventional fish sauce. Restaurants and foodservice chains are also incorporating vegan fish sauce into their menus to cater to the growing demand for plant-based and sustainable condiments among customers. Additionally, the surging popularity of Asian cuisine and the trend of fusion cooking further enhance the demand for vegan fish sauce in both retail and commercial sectors.

Restraints in the Global Vegan Fish Sauce Market

The global vegan fish sauce market faces significant challenges primarily related to production costs, which tend to be higher than those of conventional fish sauces. The intricate processes involved in fermentation and the careful blending of ingredients such as seaweed, soy, and mushrooms are essential for achieving a genuine taste, driving up expenses. Additionally, achieving consistent flavor profiles across batches can be problematic; any variations may deter food manufacturers and restaurants that depend on uniformity. Furthermore, competition from traditional fish sauce and various other condiments complicates market penetration, as established products often dominate consumer preferences.

Market Trends of the Global Vegan Fish Sauce Market

The Global Vegan Fish Sauce market is witnessing a notable shift towards fermentation-based production methods, with manufacturers increasingly harnessing ingredients like fermented mushrooms, kelp, and pea proteins. This innovative approach not only replicates the umami-rich flavor profile characteristic of traditional fish sauce but also aligns with the growing consumer demand for clean-label products free from allergens. As health-conscious and environmentally aware consumers seek plant-based alternatives, this trend significantly enhances the appeal and marketability of vegan fish sauces, positioning them as a flavorful and sustainable choice in the evolving culinary landscape.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis

Global Vegan Fish Sauce Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• Soy-Based
• Mushroom-Based
• Seaweed-Based
• Pea Protein-Based

Global Vegan Fish Sauce Market Size by Distribution Channel & CAGR (2025-2032)

• Market Overview
• Online Retail
• Supermarkets
• Specialty Stores
• Health Food Stores

Global Vegan Fish Sauce Market Size by Formulation & CAGR (2025-2032)

• Market Overview
• Liquid
• Powder
• Paste

Global Vegan Fish Sauce Market Size by End Use & CAGR (2025-2032)

• Market Overview
• Household
• Food Services
• Restaurants

Global Vegan Fish Sauce Market Size & CAGR (2025-2032)

• North America (Product Type, Distribution Channel, Formulation, End Use)
  • US
  • Canada
• Europe (Product Type, Distribution Channel, Formulation, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Product Type, Distribution Channel, Formulation, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Product Type, Distribution Channel, Formulation, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Product Type, Distribution Channel, Formulation, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• New Frontier Foods Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• 24Vegan Inc. (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• CONG TY TNHH SẢN XUAT - KINH DOANH THỰC PHẨM CHAY AU LẠC (Vietnam)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Best of Thailand (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Earthly Gourmet Distribution, LLC (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sozye (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chilli Mash Company (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Squid Brand (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• TAOindustry (Taiwan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tan Tan Cafe (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Thai Taste (United Kingdom)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Yu Yee (Malaysia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Pichai Fish Sauce (Thailand)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LiLi's Vegan Fish Sauce (Asia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Angkor Cambodian Food (Cambodia)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shangi Food Product (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Follow Your Heart (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Primal Kitchens (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Danone S.A. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Midas Foods International (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations