US Food and Beverages Industry Reliant on Digital Technology for Growth
Since the unprecedented outbreak of novel coronavirus and consequent shelter-in-place orders, the U.S. food and beverages industry readjusted with the new normalization of relying on digital platforms to maintain the steady growth.The U.S. food & beverage industry manufacturers are relying on e-commerce platforms to cater the consumers demand. Consumers adapting to the life under restrictions, heavily relied on online retail platforms, prompting the market players to adopt advanced technologies to maintain their position in the industry.
The crisis accelerated some trends, reversed others and created some new trends in order to survive the pandemic. Trend for healthy foods improved the consumption of dietary and nutraceutical food supplements across the U.S. Also, demand for organic and plant based food products gained immense popularity, accelerating the growth.Sales for canned food products and frozen foods rose exponentially in the FQ-2020, augmenting the growth. Demand for comfort foods & snacks surged across the country which provided generated lucrative revenues for the industry players.
Made using fermented fish and salt, fish sauce is rich in minerals, proteins, and vitamins. Fish sauce is being used in cooking for enhancing the flavor and is also being used as a dip. Meanwhile, manufacturers are also producing fish sauce with variety of flavors. Fish sauce is also being widely used as a substitute for soy sauce as it provides various health benefits. With the people becoming more health-conscious, manufacturers are moving towards natural fermentation process using sea salt and anchovies, retaining its nutrient content. This report, published by Fact.MR, provides in-depth analysis of the global fish sauce market for the forecast period 2017-2022, and offers key insights about future market direction.
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The scope of Fact.MR’s report is to analyze the global fish sauce market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Fish sauce manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to fish sauce.
The report commences with a brief information of the global fish sauce market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global fish sauce market.
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The next section offers an overview of the global fish sauce market. This comprises an introduction to the market, along with a standard definition of the product – fish sauce. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period. The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
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In order to offer readers with up-to-date information about the latest advancements in the global fish sauce market, the report provides updates about market opportunities, which can benefit leading manufacturers of fish sauce. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for fish sauce manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section. Considering the broad scope of the global fish sauce market, the report provides in-depth and segment-wise analysis. The global market for fish sauce is segmented into flavor, technology, distribution channel, price, and region. This segment-wise analysis also provides detailed country-wise forecast on all the major parameters of the market. The report’s last section comprises of the global fish sauce market competitive landscape, to provide readers with the dashboard view of company analysis and market players. This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global fish sauce market.
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Research MethodologyFact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research. We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
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For More Insights:https://www.globenewswire.com/en/news-release/2020/03/24/2005575/0/en/Sales-of-Food-Thickening-Agents-Soar-Steadily-in-Line-with-Upsurge-in-Demand-from-Bakery-Confectionary-Industry-Says-Fact-MR-in-a-New-Study.html
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