The global soy sauce market size is estimated to reach USD 75.70 billion by 2030, registering a CAGR of 4.8% from 2025 to 2030. due to increasing product demand as a flavor enhancer from food retail chains and restaurants.
Soy sauce is a key ingredient of many popular and emerging world cuisines like Japanese, Chinese, Thai, Vietnamese, Indonesian, and Malaysian. Growing health consciousness along with rising popularity of aforementioned cuisines across the globe will boost the product demand. Furthermore, key companies are launching new products, which will boost the demand further. For instance, Kikkoman launched Less Salt version of its naturally brewed soy sauce.
Based on type, the market is divided into brewed and blended. Blended type segment accounted for the largest market share of more than 53.8% in the year 2024. Blended products have a better shelf life and are cheaper than brewed soy sauces, which boosts their demand. On the other hand, brewed product type is expected to witness the fastest CAGR over the forecast period. This growth is attributed to the growing awareness about the product nutritional values and demand for functional foods.
On the basis of application, the market has been segmented into household and food industry. Household application is projected to be the fastest growing segment over the forecasted period. Easy product availability at grocery stores and increasing demand for low-salt and -sugar and gluten-free products are the key factors driving the market in this segment.
This product will be delivered within 1-3 business days.
Soy sauce is a key ingredient of many popular and emerging world cuisines like Japanese, Chinese, Thai, Vietnamese, Indonesian, and Malaysian. Growing health consciousness along with rising popularity of aforementioned cuisines across the globe will boost the product demand. Furthermore, key companies are launching new products, which will boost the demand further. For instance, Kikkoman launched Less Salt version of its naturally brewed soy sauce.
Based on type, the market is divided into brewed and blended. Blended type segment accounted for the largest market share of more than 53.8% in the year 2024. Blended products have a better shelf life and are cheaper than brewed soy sauces, which boosts their demand. On the other hand, brewed product type is expected to witness the fastest CAGR over the forecast period. This growth is attributed to the growing awareness about the product nutritional values and demand for functional foods.
On the basis of application, the market has been segmented into household and food industry. Household application is projected to be the fastest growing segment over the forecasted period. Easy product availability at grocery stores and increasing demand for low-salt and -sugar and gluten-free products are the key factors driving the market in this segment.
Soy Sauce Market Report Highlights
- The blended segment held the largest revenue share of 53.8% in 2024. Blended soy sauce offers a balanced flavor profile that appeals to a wide range of consumers, making it versatile for various culinary applications.
- By type, the brewed segment is expected to grow at the fastest CAGR of 5.1% over the forecast period. The rising consumer preference for natural and traditionally fermented foods has boosted the demand.
- Based on application, the household segment is expected to grow at the fastest CAGR over the forecast period. The increasing inclination towards home-cooked meals and the rising popularity of Asian cuisine in domestic kitchens are significant contributors.
- The North America soy sauce market is expected to grow significantly over the forecast period owing to increasing consumer interest in Asian cuisine.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Soy Sauce market include:
- Foshan Haitian flavouring & Food Co.Ltd.
- Kikkoman Corporation
- Lee Kum Kee
- Masan Group
- BOURBON BARREL FOODS
- OTAFUKU SAUCE Co., Ltd.
- YAMASA CORPORATION
- Maggi
- Guangdong Meiweixian Flavoring Foods Co., Ltd.
- Okonomi
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Soy Sauce Market Variables, Trends & Scope
Chapter 4. Consumer Behavior Analysis
Chapter 5. Soy Sauce Market: Type Estimates & Trend Analysis
Chapter 6. Soy Sauce Market: Application Estimates & Trend Analysis
Chapter 7. Soy Sauce Market: Regional Estimates & Trend Analysis
Chapter 8. Soy Sauce Market: Competitive Analysis
List of Tables
List of Figures
Companies Mentioned
- Foshan Haitian flavouring & Food Co.Ltd.
- Kikkoman Corporation
- Lee Kum Kee
- Masan Group
- BOURBON BARREL FOODS
- OTAFUKU SAUCE Co., Ltd.
- YAMASA CORPORATION
- Maggi
- Guangdong Meiweixian Flavoring Foods Co., Ltd.
- Okonomi
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 80 |
Published | October 2024 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 56.1 Billion |
Forecasted Market Value ( USD | $ 75.7 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |