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

Description

List of Tables

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

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
3.2Key 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.

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