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.
Asia-Pacific regions are the main consumption areas of Soy Sauce in the world and it will keep the same position in the next few years. The market size of North America and Europe regions will grow fast in the following years.
The reason causes the strong growth is the growing consumer health concerns and interest towards different taste preferences and changing eating lifestyles. Busy lifestyle and increase in the number of working population is fueling the demand for soy sauces in the US, Japan, China, Vietnam and Brazil among other countries. Growing consumer concerns towards healthy eating has increased the proportion of homemade food consumption. Preparing different multi cuisine food at home has increased the usage of soy sauces globally.
The report offers detailed coverage of Soy Sauce industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Soy Sauce by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Soy Sauce market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Soy Sauce market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Kikkoman
Bluegrass Soy Sauce (Bourbon Barrel)
Okonomi
Maggi
Aloha Shoyu
ABC Sauces
Yamasa
Lee Kum Kee
Shoda Shoyu
Haitian
Jiajia
Shinho
Meiweixian
Kum Thim Food Industries Sdn Bhd
At the same time, we classify Soy Sauce according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Brewed
Blended
Market by Application
Household
Catering Service Industry
Food Processing
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Soy Sauce market for the forecast period 2021 - 2025?
• What are the driving forces in the Soy Sauce market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Soy Sauce industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?