PUBLISHER: Grand View Research | PRODUCT CODE: 1588377
PUBLISHER: Grand View Research | PRODUCT CODE: 1588377
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, according to a new report by Grand View Research, Inc. 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.