Global Soy Sauce Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.1 % from 2018 to 2025. In 2017, the global market valuation was USD 39.8 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Soy sauce which is also called as soya sauce is a liquid condiment of Chinese origin, which is made of a fermented paste of soybeans, roasted grains and brine. It is anticipated that the industry will further grow by healthy CAGR over the prediction era. Increased supply by meat producers, food retail companies and hotels as a flavor enhancer and seasoning component helps this sector grow. 

Moreover, rising health concerns related to consumption of high concentrated salt is expected to drive the global food market which have reduced salt contents, which is expected to dominate the global market in the forecast period. Soy sauce powder can be easily submerged in water to make its paste. Increasing demand for fast food, sweets, prepared foods, ready meat and many other products has affected the worldwide market demand for soy sauce powder. In the close future, the biggest business shares for soy sauce paste are anticipated in North America and Asia-Pacific.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global soy sauce market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global soy sauce market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Type Insights: On the basis of type, global soy sauce market has been segmented into brewed, blended. Among which blended product segment has accounted for the largest share in the global market of soy sauce. Based on a brief fermenting method, blended products are faster and have a stronger shelf life than brewed soy, boosting supply. Mushroom pale and shrimp soy sauce are some of the famous soy mixtures. Moreover, brewed type segment is expected to witness high growth in the forecast period owing to the increasing health concerns and increasing awareness among consumers about its nutritional values and demand for functional foods.

By Application Insights: On the basis of application, the global soy sauce market has been segmented into the household, food industry. Among which household segment is expected to be the highest growing segment in the global market of soy sauce. Easy availability of these products at grocery stores and increasing demand for sugar, salt, gluten-free products is expected to dominate the global market from 2018 to 2025.  

Regional Analysis

The soy sauce market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In the prediction era, Asia Pacific is projected to be both the biggest and most expanding national industry. As Chinese cuisine is increasingly popular around the globe, China is the biggest generator of revenue in the Asia-Pacific industry.

The CAGR from 2018 to 2025 is also anticipated to be important for North America. The elevated supply for organic and non-additive soy sauce is a reason for this development. Asian cuisines will also increase the appeal of the region. Due to the existence of major producers and distributors, the US is in specific the biggest customer in this national industry. Europe region is expected to witness significant growth in the global market of soy sauce mainly owing to the presence of key players, increasing R&D by key players and increasing awareness about the nutritional contents of soy products.

Global Soy Sauce Market Size, Share Analysis by Region 2017.

Global Soy Sauce Market Study Objective

1. To forecast the market size of soy sauce market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of soy sauce market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of soy sauce market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of soy sauce market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the soy sauce market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Haitian, Kikkoman Corp., Masan Group, Bourbon Barrel Foods, Lee Kum Kee, Otafuku Sauce, Yamasa Corp., Maggi, Meiweixian, and Okonomi are some of the key players in the market of soy sauce.

Global Soy Sauce Market Study Report Offer You!

The global soy sauce market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.