The North America Oyster Sauce Market is expected to witness market growth of 11.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 149,991.7 tonnes, showcasing a growth of 11.4% (2020-2023).
Non-MSG oyster sauce is gaining popularity as health-conscious consumers seek alternatives free from monosodium glutamate (MSG). This sauce is primarily used in Asian cuisine for enhancing the flavor of stir-fries, marinades, and soups while maintaining a rich umami taste. Its natural ingredients appeal to those looking for cleaner labels and healthier cooking options. Thus, the Canada market is expected to utilize 31,207.7 tonnes of Non-MSG oyster sauce by 2031.
The US market dominated the North America Oyster Sauce Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.58 billion by 2031. Canada market is experiencing a CAGR of 13.1% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 12.8% during 2024-2031.
Oyster sauce is a savoury, dark brown condiment commonly used in Asian cuisine. It is made from oyster extracts, sugar, salt, and water thickened with cornstarch. The sauce has a rich, umami flavour with a hint of sweetness, making it a popular ingredient for enhancing the taste of stir-fries, marinades, and sauces.
Additionally, oyster sauce acts as a natural flavour balancer in dishes, enhancing the sweetness and umami notes without overpowering the other ingredients. This property makes it particularly effective in achieving a harmonious blend of flavours, especially in stir-fries combining multiple ingredients.
The growth of the food processing sector in Canada has had a significant impact on the oyster sauce market, reflecting the increasing integration of diverse culinary influences into Canadian cuisine. According to the Government of Canada, the food and beverage processing industry was the largest manufacturing sector in the country in 2022, with production value reaching $156.5 billion. This robust growth not only highlights the sector's importance to the Canadian economy but also creates opportunities for various food products, including international sauces like oyster sauce.
Non-MSG oyster sauce is gaining popularity as health-conscious consumers seek alternatives free from monosodium glutamate (MSG). This sauce is primarily used in Asian cuisine for enhancing the flavor of stir-fries, marinades, and soups while maintaining a rich umami taste. Its natural ingredients appeal to those looking for cleaner labels and healthier cooking options. Thus, the Canada market is expected to utilize 31,207.7 tonnes of Non-MSG oyster sauce by 2031.
The US market dominated the North America Oyster Sauce Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $3.58 billion by 2031. Canada market is experiencing a CAGR of 13.1% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 12.8% during 2024-2031.
Oyster sauce is a savoury, dark brown condiment commonly used in Asian cuisine. It is made from oyster extracts, sugar, salt, and water thickened with cornstarch. The sauce has a rich, umami flavour with a hint of sweetness, making it a popular ingredient for enhancing the taste of stir-fries, marinades, and sauces.
Additionally, oyster sauce acts as a natural flavour balancer in dishes, enhancing the sweetness and umami notes without overpowering the other ingredients. This property makes it particularly effective in achieving a harmonious blend of flavours, especially in stir-fries combining multiple ingredients.
The growth of the food processing sector in Canada has had a significant impact on the oyster sauce market, reflecting the increasing integration of diverse culinary influences into Canadian cuisine. According to the Government of Canada, the food and beverage processing industry was the largest manufacturing sector in the country in 2022, with production value reaching $156.5 billion. This robust growth not only highlights the sector's importance to the Canadian economy but also creates opportunities for various food products, including international sauces like oyster sauce.
List of Key Companies Profiled
- Ajinomoto Co., Inc.
- Lee Kum Kee Company Limited
- Pearl River Bridge
- Nestle S.A. (Nestlé India Limited)
- Amoy Food Ltd.
- Foshan Haitian Flavoring & Food Co. Ltd.
- Megachef (Marine Resources Development Co.,Ltd.)
- Pantainorasingh Manufacturer Co.,Ltd.
- MOTHER'S BEST
Market Report Segmentation
By Product Type (Volume, Tonnes, USD Billion, 2020-2031)- Non-MSG Oyster Sauce
- Vegetarian Oyster Sauce
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
- Other Distribution Channels
- Commercial
- Household
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Oyster Sauce Market by Product Type
Chapter 5. North America Oyster Sauce Market by Distribution Channel
Chapter 6. North America Oyster Sauce Market by Application
Chapter 7. North America Oyster Sauce Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America Oyster Sauce Market include:- Ajinomoto Co., Inc.
- Lee Kum Kee Company Limited
- Pearl River Bridge
- Nestle S.A. (Nestlé India Limited)
- Amoy Food Ltd.
- Foshan Haitian Flavoring & Food Co. Ltd.
- Megachef (Marine Resources Development Co.,Ltd.)
- Pantainorasingh Manufacturer Co.,Ltd.
- MOTHER'S BEST
Methodology
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