PUBLISHER: KBV Research | PRODUCT CODE: 1462109
PUBLISHER: KBV Research | PRODUCT CODE: 1462109
Asia Pacific Soy Sauce Market Size, Share & Trends Analysis Report By Type (Blended and Brewed), By Application (Food Industry and Household), By Country and Growth Forecast, 2023 - 2030
The Asia Pacific Soy Sauce Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 3,405.1 kilo tonnes, showcasing a growth of 6.2% (2019-2022).
Brewed sauce, also known as traditional sauce, holds a significant role in the sauce market due to its rich flavour profile, deep umami taste, and versatile culinary applications. Its authentic production process, which often involves long fermentation periods in wooden barrels, imparts unique characteristics that set it apart from other types of sauce. Therefore, the Japan market consumed 376.3 kilo tonnes of brewed soy sauce in 2022.
The China market dominated the Asia Pacific Soy Sauce Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8,398.1 million by 2030. The Japan market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).
The integration of functional ingredients into sauce formulations is gaining momentum. Manufacturers are exploring adding ingredients with potential health benefits, such as probiotics or antioxidants, creating sauces that go beyond traditional flavor enhancement and contribute to overall well-being. Probiotics, known for their role in promoting gut health, have gained significant attention in the food industry. By deliberately introducing probiotic strains, manufacturers can potentially enhance the gut-friendly properties.
Moreover, technological advancements play a crucial role in optimizing sauce production. From fermentation control systems to automation in bottling processes, these innovations contribute to consistent quality, efficiency, and scalability. Embracing technology allows manufacturers to meet the rising demand for sauce while maintaining stringent quality standards.
The sauce is deeply rooted in Chinese culinary traditions and is a centuries-old staple. As the food industry expands, plays a central role in Chinese cooking, ensuring its continued demand and relevance. Its use in restaurant kitchens, coupled with consumer exposure to dishes featuring the sauce, can drive demand. As per the data from the State Council of the Government of China, the food industry experienced consistent growth in production and sales during the first half of 2022. The retail sales of grain, oil, and food reached 903.18 billion yuan, reflecting a year-on-year increase of 9.9%. Hence, the growing food industry in the Asia Pacific will help in the growth of the regional market.
Based on Type, the market is segmented into Blended and Brewed. Based on Application, the market is segmented into Food Industry and Household. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Bourbon Barrel Foods LLC
- Lee Kum Kee Company Limited
- Otafuku Sauce Co., Ltd.
- Yamasa Corporation
- Aloha Shoyu Company
- Guangdong Meiweixian Flavoring Foods Co., Ltd.
- Nestle S.A.
- Masan Group Corporation
- Kikkoman Corporation
- Foshan Haitian Flavoring & Food Co., Ltd.
Asia Pacific Soy Sauce Market Report Segmentation
By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Blended
- Brewed
By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
- Food Industry
- Household
By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Asia Pacific Soy Sauce Market, by Type
- 1.4.2Asia Pacific Soy Sauce Market, by Application
- 1.4.3Asia Pacific Soy Sauce Market, by Country
- 1.5Methodology for the Reseaarch
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Strategies Deployed in Soy Sauce Market
Chapter 5.Asia Pacific Soy Sauce Market by Type
- 5.1Asia Pacific Blended Market by Country
- 5.2Asia Pacific Brewed Market by Country
Chapter 6.Asia Pacific Soy Sauce Market by Application
- 6.1Asia Pacific Food Industry Market by Country
- 6.2Asia Pacific Household Market by Country
Chapter 7.Asia Pacific Soy Sauce Market by Country
- 7.1China Soy Sauce Market
- 7.1.1China Soy Sauce Market by Type
- 7.1.2China Soy Sauce Market by Application
- 7.2Japan Soy Sauce Market
- 7.2.1Japan Soy Sauce Market by Type
- 7.2.2Japan Soy Sauce Market by Application
- 7.3India Soy Sauce Market
- 7.3.1India Soy Sauce Market by Type
- 7.3.2India Soy Sauce Market by Application
- 7.4South Korea Soy Sauce Market
- 7.4.1South Korea Soy Sauce Market by Type
- 7.4.2South Korea Soy Sauce Market by Application
- 7.5Singapore Soy Sauce Market
- 7.5.1Singapore Soy Sauce Market by Type
- 7.5.2Singapore Soy Sauce Market by Application
- 7.6Malaysia Soy Sauce Market
- 7.6.1Malaysia Soy Sauce Market by Type
- 7.6.2Malaysia Soy Sauce Market by Application
- 7.7Rest of Asia Pacific Soy Sauce Market
- 7.7.1Rest of Asia Pacific Soy Sauce Market by Type
- 7.7.2Rest of Asia Pacific Soy Sauce Market by Application
Chapter 8.Company Profiles
- 8.1Bourbon Barrel Foods LLC
- 8.1.1Company Overview
- 8.1.2SWOT Analysis
- 8.2Lee Kum Kee Company Limited
- 8.2.1Company Overview
- 8.2.2Recent strategies and developments:
- 8.2.2.1Product Launches and Product Expansions:
- 8.2.2.2Geographical Expansions:
- 8.2.3SWOT Analysis
- 8.3Otafuku Sauce Co., Ltd.
- 8.3.1Company Overview
- 8.3.2Recent strategies and developments:
- 8.3.2.1Product Launches and Product Expansions:
- 8.3.3SWOT Analysis
- 8.4Yamasa Corporation
- 8.4.1Company Overview
- 8.4.2SWOT Analysis
- 8.5Aloha Shoyu Company
- 8.5.1Company Overview
- 8.5.2SWOT Analysis
- 8.6Guangdong Meiweixian Flavoring Foods Co., Ltd.
- 8.6.1Company Overview
- 8.7Nestle S.A.
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Reseaarch & Development Expenses
- 8.7.5SWOT Analysis
- 8.8Masan Group Corporation
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4SWOT Analysis
- 8.9Kikkoman Corporation
- 8.9.1Company Overview
- 8.9.1Financial Analysis
- 8.9.2Segmental and Regional Analysis
- 8.9.3Reseaarch & Development Expense
- 8.9.4Recent strategies and developments:
- 8.9.4.1Product Launches and Product Expansions:
- 8.9.4.2Geographical Expansions:
- 8.9.5SWOT Analysis
- 8.10.Foshan Haitian Flavoring & Food Co., Ltd.
- 8.10.1Company overview
- 8.10.2Financial Analysis
- 8.10.3SWOT Analysis
LIST OF TABLES
- TABLE 1Asia Pacific Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 2Asia Pacific Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 3Asia Pacific Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 4Asia Pacific Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 5Asia Pacific Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 6Asia Pacific Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 7Asia Pacific Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 8Asia Pacific Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 9Asia Pacific Blended Market by Country, 2019 - 2022, USD Million
- TABLE 10Asia Pacific Blended Market by Country, 2023 - 2030, USD Million
- TABLE 11Asia Pacific Blended Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 12Asia Pacific Blended Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 13Asia Pacific Brewed Market by Country, 2019 - 2022, USD Million
- TABLE 14Asia Pacific Brewed Market by Country, 2023 - 2030, USD Million
- TABLE 15Asia Pacific Brewed Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 16Asia Pacific Brewed Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 17Asia Pacific Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 18Asia Pacific Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 19Asia Pacific Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 20Asia Pacific Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 21Asia Pacific Food Industry Market by Country, 2019 - 2022, USD Million
- TABLE 22Asia Pacific Food Industry Market by Country, 2023 - 2030, USD Million
- TABLE 23Asia Pacific Food Industry Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 24Asia Pacific Food Industry Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 25Asia Pacific Household Market by Country, 2019 - 2022, USD Million
- TABLE 26Asia Pacific Household Market by Country, 2023 - 2030, USD Million
- TABLE 27Asia Pacific Household Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 28Asia Pacific Household Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 29Asia Pacific Soy Sauce Market by Country, 2019 - 2022, USD Million
- TABLE 30Asia Pacific Soy Sauce Market by Country, 2023 - 2030, USD Million
- TABLE 31Asia Pacific Soy Sauce Market by Country, 2019 - 2022, Kilo Tonnes
- TABLE 32Asia Pacific Soy Sauce Market by Country, 2023 - 2030, Kilo Tonnes
- TABLE 33China Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 34China Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 35China Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 36China Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 37China Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 38China Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 39China Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 40China Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 41China Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 42China Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 43China Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 44China Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 45Japan Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 46Japan Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 47Japan Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 48Japan Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 49Japan Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 50Japan Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 51Japan Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 52Japan Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 53Japan Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 54Japan Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 55Japan Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 56Japan Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 57India Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 58India Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 59India Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 60India Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 61India Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 62India Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 63India Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 64India Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 65India Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 66India Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 67India Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 68India Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 69South Korea Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 70South Korea Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 71South Korea Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 72South Korea Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 73South Korea Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 74South Korea Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 75South Korea Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 76South Korea Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 77South Korea Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 78South Korea Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 79South Korea Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 80South Korea Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 81Singapore Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 82Singapore Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 83Singapore Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 84Singapore Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 85Singapore Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 86Singapore Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 87Singapore Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 88Singapore Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 89Singapore Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 90Singapore Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 91Singapore Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 92Singapore Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 93Malaysia Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 94Malaysia Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 95Malaysia Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 96Malaysia Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 97Malaysia Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 98Malaysia Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 99Malaysia Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 100Malaysia Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 101Malaysia Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 102Malaysia Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 103Malaysia Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 104Malaysia Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 105Rest of Asia Pacific Soy Sauce Market, 2019 - 2022, USD Million
- TABLE 106Rest of Asia Pacific Soy Sauce Market, 2023 - 2030, USD Million
- TABLE 107Rest of Asia Pacific Soy Sauce Market, 2019 - 2022, Kilo Tonnes
- TABLE 108Rest of Asia Pacific Soy Sauce Market, 2023 - 2030, Kilo Tonnes
- TABLE 109Rest of Asia Pacific Soy Sauce Market by Type, 2019 - 2022, USD Million
- TABLE 110Rest of Asia Pacific Soy Sauce Market by Type, 2023 - 2030, USD Million
- TABLE 111Rest of Asia Pacific Soy Sauce Market by Type, 2019 - 2022, Kilo Tonnes
- TABLE 112Rest of Asia Pacific Soy Sauce Market by Type, 2023 - 2030, Kilo Tonnes
- TABLE 113Rest of Asia Pacific Soy Sauce Market by Application, 2019 - 2022, USD Million
- TABLE 114Rest of Asia Pacific Soy Sauce Market by Application, 2023 - 2030, USD Million
- TABLE 115Rest of Asia Pacific Soy Sauce Market by Application, 2019 - 2022, Kilo Tonnes
- TABLE 116Rest of Asia Pacific Soy Sauce Market by Application, 2023 - 2030, Kilo Tonnes
- TABLE 117Key Information - Bourbon Barrel Foods LLC
- TABLE 118Key Information - Lee Kum Kee Company Limited
- TABLE 119Key Information - Otafuku Sauce Co., Ltd.
- TABLE 120Key Information - Yamasa Corporation
- TABLE 121Key Information - Aloha Shoyu Company
- TABLE 122Key Information - Guangdong Meiweixian Flavoring Foods Co., Ltd.
- TABLE 123Key Information - Nestle S.A.
- TABLE 124Key Information - Masan Group Corporation
- TABLE 125Key Information - Kikkoman Corporation
- TABLE 126Key Information - Foshan Haitian Flavoring & Food Co., Ltd.
