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Market Dynamics to Support Global Soy-based Sauce Industry to Reach New Levels

This report studies the Soy-based Sauce market. 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.

Due to the COVID-19 pandemic, the global Soy-based Sauce market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Soy-based Sauce market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Soy-based Sauce landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Brewed Soy-based Sauce
  • Blended Soy-based Sauce

Segment by Application

  • Catering Service Industry
  • Household
  • Food Processing

By Company

  • Haitian
  • Shinho
  • Lee Kum Kee
  • Kikkoman
  • Meiweixian
  • Jiajia
  • Yamasa
  • Higeta Shoyu
  • Higashimaru Shoyu
  • Marukin
  • Shoda Shoyu
  • ABC Sauces
  • Okonomi Sauce
  • Bragg Live Food
  • Nestle
  • Kum Thim Food
  • Pickles Corp
  • Aloha Shoyu
  • Bourbon Barrel Foods
  • Kari-Out

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


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