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Soy Sauce-Global Market Insights and Sales Trends 2024
Synopsis
Soy sauce (also called soya sauce in British English) is a Chinese condiment made from a fermented paste of soybeans, roasted grain, brine, and Aspergillus oryzae or Aspergillus sojae molds. Soy sauce in its current form was created about 2,200 years ago during the Western Han dynasty of ancient China and spread throughout East and Southeast Asia where it is used in cooking and as a condiment.
The global Soy Sauce market size is expected to reach US$ 2293.9 million by 2029, growing at a CAGR of 10.6% from 2023 to 2029. The market is mainly driven by the significant applications of Soy Sauce in various end use industries. The expanding demands from the Household, Catering Service Industry and Food Processing,, are propelling Soy Sauce market. Brewed, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Blended segment is estimated at % CAGR for the next seven-year period.
Global Soy Sauce key players include Haitian, Shinho, Kikkoman, Lee Kum Kee, etc. Global top four manufacturers hold a share over 40%.
Asia-Pacific is the largest market, with a share over 80%, followed by Europe, and North America, both have a share over 10 percent.
In terms of product, Brewed is the largest segment, with a share over 70%. And in terms of application, the largest application is Catering Service Industrial, followed by Household, Food Processing, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Soy Sauce, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Soy Sauce market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Soy Sauce market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Soy Sauce sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Soy Sauce covered in this report include Haitian, Kikkoman, Shinho, Yamasa, Lee Kum Kee, Meiweixian, Shoda Shoyu, Jiajia and PRB BIO-TECH, etc.
The global Soy Sauce market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Haitian
Kikkoman
Shinho
Yamasa
Lee Kum Kee
Meiweixian
Shoda Shoyu
Jiajia
PRB BIO-TECH
ABC Sauces
Bragg Live Food
Nestlé
Global Soy Sauce market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Soy Sauce market, Segment by Type:
Brewed
Blended
Global Soy Sauce market, by Application
Household
Catering Service Industry
Food Processing
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Soy Sauce manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Soy Sauce in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Soy sauce (also called soya sauce in British English) is a Chinese condiment made from a fermented paste of soybeans, roasted grain, brine, and Aspergillus oryzae or Aspergillus sojae molds. Soy sauce in its current form was created about 2,200 years ago during the Western Han dynasty of ancient China and spread throughout East and Southeast Asia where it is used in cooking and as a condiment.
The global Soy Sauce market size is expected to reach US$ 2293.9 million by 2029, growing at a CAGR of 10.6% from 2023 to 2029. The market is mainly driven by the significant applications of Soy Sauce in various end use industries. The expanding demands from the Household, Catering Service Industry and Food Processing,, are propelling Soy Sauce market. Brewed, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Blended segment is estimated at % CAGR for the next seven-year period.
Global Soy Sauce key players include Haitian, Shinho, Kikkoman, Lee Kum Kee, etc. Global top four manufacturers hold a share over 40%.
Asia-Pacific is the largest market, with a share over 80%, followed by Europe, and North America, both have a share over 10 percent.
In terms of product, Brewed is the largest segment, with a share over 70%. And in terms of application, the largest application is Catering Service Industrial, followed by Household, Food Processing, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Soy Sauce, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Soy Sauce market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Soy Sauce market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Soy Sauce sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Soy Sauce covered in this report include Haitian, Kikkoman, Shinho, Yamasa, Lee Kum Kee, Meiweixian, Shoda Shoyu, Jiajia and PRB BIO-TECH, etc.
The global Soy Sauce market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Haitian
Kikkoman
Shinho
Yamasa
Lee Kum Kee
Meiweixian
Shoda Shoyu
Jiajia
PRB BIO-TECH
ABC Sauces
Bragg Live Food
Nestlé
Global Soy Sauce market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Soy Sauce market, Segment by Type:
Brewed
Blended
Global Soy Sauce market, by Application
Household
Catering Service Industry
Food Processing
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Soy Sauce manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Soy Sauce in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Soy Sauce Market Overview
1.1 Soy Sauce Product Overview
1.2 Soy Sauce Market Segment by Type
1.2.1 Brewed
1.2.2 Blended
1.3 Global Soy Sauce Market Size by Type
1.3.1 Global Soy Sauce Market Size Overview by Type (2018-2029)
1.3.2 Global Soy Sauce Historic Market Size Review by Type (2018-2023)
1.3.3 Global Soy Sauce Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Soy Sauce Sales Breakdown by Type (2018-2023)
1.4.2 Europe Soy Sauce Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Soy Sauce Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Soy Sauce Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Soy Sauce Sales Breakdown by Type (2018-2023)
2 Global Soy Sauce Market Competition by Company
2.1 Global Top Players by Soy Sauce Sales (2018-2023)
2.2 Global Top Players by Soy Sauce Revenue (2018-2023)
2.3 Global Top Players by Soy Sauce Price (2018-2023)
2.4 Global Top Manufacturers Soy Sauce Manufacturing Base Distribution, Sales Area, Product Type
2.5 Soy Sauce Market Competitive Situation and Trends
2.5.1 Soy Sauce Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Soy Sauce Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Soy Sauce as of 2022)
2.7 Date of Key Manufacturers Enter into Soy Sauce Market
2.8 Key Manufacturers Soy Sauce Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Soy Sauce Status and Outlook by Region
3.1 Global Soy Sauce Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Soy Sauce Historic Market Size by Region
3.2.1 Global Soy Sauce Sales in Volume by Region (2018-2023)
3.2.2 Global Soy Sauce Sales in Value by Region (2018-2023)
3.2.3 Global Soy Sauce Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Soy Sauce Forecasted Market Size by Region
3.3.1 Global Soy Sauce Sales in Volume by Region (2024-2029)
3.3.2 Global Soy Sauce Sales in Value by Region (2024-2029)
3.3.3 Global Soy Sauce Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Soy Sauce by Application
4.1 Soy Sauce Market Segment by Application
4.1.1 Household
4.1.2 Catering Service Industry
4.1.3 Food Processing
4.2 Global Soy Sauce Market Size by Application
4.2.1 Global Soy Sauce Market Size Overview by Application (2018-2029)
4.2.2 Global Soy Sauce Historic Market Size Review by Application (2018-2023)
4.2.3 Global Soy Sauce Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Soy Sauce Sales Breakdown by Application (2018-2023)
4.3.2 Europe Soy Sauce Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Soy Sauce Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Soy Sauce Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Soy Sauce Sales Breakdown by Application (2018-2023)
5 North America Soy Sauce by Country
5.1 North America Soy Sauce Historic Market Size by Country
5.1.1 North America Soy Sauce Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Soy Sauce Sales in Volume by Country (2018-2023)
5.1.3 North America Soy Sauce Sales in Value by Country (2018-2023)
5.2 North America Soy Sauce Forecasted Market Size by Country
5.2.1 North America Soy Sauce Sales in Volume by Country (2024-2029)
5.2.2 North America Soy Sauce Sales in Value by Country (2024-2029)
6 Europe Soy Sauce by Country
6.1 Europe Soy Sauce Historic Market Size by Country
6.1.1 Europe Soy Sauce Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Soy Sauce Sales in Volume by Country (2018-2023)
6.1.3 Europe Soy Sauce Sales in Value by Country (2018-2023)
6.2 Europe Soy Sauce Forecasted Market Size by Country
6.2.1 Europe Soy Sauce Sales in Volume by Country (2024-2029)
6.2.2 Europe Soy Sauce Sales in Value by Country (2024-2029)
7 Asia-Pacific Soy Sauce by Region
7.1 Asia-Pacific Soy Sauce Historic Market Size by Region
7.1.1 Asia-Pacific Soy Sauce Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Soy Sauce Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Soy Sauce Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Soy Sauce Forecasted Market Size by Region
7.2.1 Asia-Pacific Soy Sauce Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Soy Sauce Sales in Value by Region (2024-2029)
8 Latin America Soy Sauce by Country
8.1 Latin America Soy Sauce Historic Market Size by Country
8.1.1 Latin America Soy Sauce Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Soy Sauce Sales in Volume by Country (2018-2023)
8.1.3 Latin America Soy Sauce Sales in Value by Country (2018-2023)
8.2 Latin America Soy Sauce Forecasted Market Size by Country
8.2.1 Latin America Soy Sauce Sales in Volume by Country (2024-2029)
8.2.2 Latin America Soy Sauce Sales in Value by Country (2024-2029)
9 Middle East and Africa Soy Sauce by Country
9.1 Middle East and Africa Soy Sauce Historic Market Size by Country
9.1.1 Middle East and Africa Soy Sauce Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Soy Sauce Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Soy Sauce Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Soy Sauce Forecasted Market Size by Country
9.2.1 Middle East and Africa Soy Sauce Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Soy Sauce Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Haitian
10.1.1 Haitian Company Information
10.1.2 Haitian Introduction and Business Overview
10.1.3 Haitian Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Haitian Soy Sauce Products Offered
10.1.5 Haitian Recent Development
10.2 Kikkoman
10.2.1 Kikkoman Company Information
10.2.2 Kikkoman Introduction and Business Overview
10.2.3 Kikkoman Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Kikkoman Soy Sauce Products Offered
10.2.5 Kikkoman Recent Development
10.3 Shinho
10.3.1 Shinho Company Information
10.3.2 Shinho Introduction and Business Overview
10.3.3 Shinho Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Shinho Soy Sauce Products Offered
10.3.5 Shinho Recent Development
10.4 Yamasa
10.4.1 Yamasa Company Information
10.4.2 Yamasa Introduction and Business Overview
10.4.3 Yamasa Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Yamasa Soy Sauce Products Offered
10.4.5 Yamasa Recent Development
10.5 Lee Kum Kee
10.5.1 Lee Kum Kee Company Information
10.5.2 Lee Kum Kee Introduction and Business Overview
10.5.3 Lee Kum Kee Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Lee Kum Kee Soy Sauce Products Offered
10.5.5 Lee Kum Kee Recent Development
10.6 Meiweixian
10.6.1 Meiweixian Company Information
10.6.2 Meiweixian Introduction and Business Overview
10.6.3 Meiweixian Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Meiweixian Soy Sauce Products Offered
10.6.5 Meiweixian Recent Development
10.7 Shoda Shoyu
10.7.1 Shoda Shoyu Company Information
10.7.2 Shoda Shoyu Introduction and Business Overview
10.7.3 Shoda Shoyu Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shoda Shoyu Soy Sauce Products Offered
10.7.5 Shoda Shoyu Recent Development
10.8 Jiajia
10.8.1 Jiajia Company Information
10.8.2 Jiajia Introduction and Business Overview
10.8.3 Jiajia Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Jiajia Soy Sauce Products Offered
10.8.5 Jiajia Recent Development
10.9 PRB BIO-TECH
10.9.1 PRB BIO-TECH Company Information
10.9.2 PRB BIO-TECH Introduction and Business Overview
10.9.3 PRB BIO-TECH Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.9.4 PRB BIO-TECH Soy Sauce Products Offered
10.9.5 PRB BIO-TECH Recent Development
10.10 ABC Sauces
10.10.1 ABC Sauces Company Information
10.10.2 ABC Sauces Introduction and Business Overview
10.10.3 ABC Sauces Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.10.4 ABC Sauces Soy Sauce Products Offered
10.10.5 ABC Sauces Recent Development
10.11 Bragg Live Food
10.11.1 Bragg Live Food Company Information
10.11.2 Bragg Live Food Introduction and Business Overview
10.11.3 Bragg Live Food Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Bragg Live Food Soy Sauce Products Offered
10.11.5 Bragg Live Food Recent Development
10.12 Nestlé
10.12.1 Nestlé Company Information
10.12.2 Nestlé Introduction and Business Overview
10.12.3 Nestlé Soy Sauce Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Nestlé Soy Sauce Products Offered
10.12.5 Nestlé Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Soy Sauce Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Soy Sauce Industrial Chain Analysis
11.4 Soy Sauce Market Dynamics
11.4.1 Soy Sauce Industry Trends
11.4.2 Soy Sauce Market Drivers
11.4.3 Soy Sauce Market Challenges
11.4.4 Soy Sauce Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Soy Sauce Distributors
12.3 Soy Sauce Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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