Global Soy Sauce Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Soy Sauce Industry Forecast” looks at past sales and reviews total world Soy Sauce sales in 2022, providing a comprehensive analysis by region and market sector of projected Soy Sauce sales for 2023 through 2029. With Soy Sauce sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soy Sauce industry.

This Insight Report provides a comprehensive analysis of the global Soy Sauce landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Soy Sauce portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Soy Sauce market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Soy Sauce and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Soy Sauce.

The global Soy Sauce market size is projected to grow from US$ 1099.6 million in 2022 to US$ 2282.3 million in 2029; it is expected to grow at a CAGR of 2282.3 from 2023 to 2029.

Global Soy Sauce key players include Haitian, Shinho, Kikkoman, Lee Kum Kee, etc. Global top four manufacturers hold a share over 40%.

Asia-Pacific is the largest market, with a share over 80%, followed by Europe, and North America, both have a share over 10 percent. 
In terms of product, Brewed is the largest segment, with a share over 70%. And in terms of application, the largest application is Catering Service Industrial, followed by Household, Food Processing, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Soy Sauce market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Brewed
    Blended

Segmentation by application
    Household
    Catering Service Industry
    Food Processing

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Haitian
    Kikkoman
    Shinho
    Yamasa
    Lee Kum Kee
    Meiweixian
    Shoda Shoyu
    Jiajia
    PRB BIO-TECH
    ABC Sauces
    Bragg Live Food
    Nestlé

Key Questions Addressed in this Report
What is the 10-year outlook for the global Soy Sauce market?
What factors are driving Soy Sauce market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Soy Sauce market opportunities vary by end market size?
How does Soy Sauce break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Soy Sauce Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Soy Sauce Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Brewed
    Table 4. Major Players of Blended
    Table 5. Global Soy Sauce Sales by Type (2018-2023) & (K Tons)
    Table 6. Global Soy Sauce Sales Market Share by Type (2018-2023)
    Table 7. Global Soy Sauce Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Soy Sauce Revenue Market Share by Type (2018-2023)
    Table 9. Global Soy Sauce Sale Price by Type (2018-2023) & (USD/Ton)
    Table 10. Global Soy Sauce Sales by Application (2018-2023) & (K Tons)
    Table 11. Global Soy Sauce Sales Market Share by Application (2018-2023)
    Table 12. Global Soy Sauce Revenue by Application (2018-2023)
    Table 13. Global Soy Sauce Revenue Market Share by Application (2018-2023)
    Table 14. Global Soy Sauce Sale Price by Application (2018-2023) & (USD/Ton)
    Table 15. Global Soy Sauce Sales by Company (2018-2023) & (K Tons)
    Table 16. Global Soy Sauce Sales Market Share by Company (2018-2023)
    Table 17. Global Soy Sauce Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Soy Sauce Revenue Market Share by Company (2018-2023)
    Table 19. Global Soy Sauce Sale Price by Company (2018-2023) & (USD/Ton)
    Table 20. Key Manufacturers Soy Sauce Producing Area Distribution and Sales Area
    Table 21. Players Soy Sauce Products Offered
    Table 22. Soy Sauce Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Soy Sauce Sales by Geographic Region (2018-2023) & (K Tons)
    Table 26. Global Soy Sauce Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Soy Sauce Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Soy Sauce Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Soy Sauce Sales by Country/Region (2018-2023) & (K Tons)
    Table 30. Global Soy Sauce Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Soy Sauce Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Soy Sauce Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Soy Sauce Sales by Country (2018-2023) & (K Tons)
    Table 34. Americas Soy Sauce Sales Market Share by Country (2018-2023)
    Table 35. Americas Soy Sauce Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Soy Sauce Revenue Market Share by Country (2018-2023)
    Table 37. Americas Soy Sauce Sales by Type (2018-2023) & (K Tons)
    Table 38. Americas Soy Sauce Sales by Application (2018-2023) & (K Tons)
    Table 39. APAC Soy Sauce Sales by Region (2018-2023) & (K Tons)
    Table 40. APAC Soy Sauce Sales Market Share by Region (2018-2023)
    Table 41. APAC Soy Sauce Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Soy Sauce Revenue Market Share by Region (2018-2023)
    Table 43. APAC Soy Sauce Sales by Type (2018-2023) & (K Tons)
    Table 44. APAC Soy Sauce Sales by Application (2018-2023) & (K Tons)
    Table 45. Europe Soy Sauce Sales by Country (2018-2023) & (K Tons)
    Table 46. Europe Soy Sauce Sales Market Share by Country (2018-2023)
    Table 47. Europe Soy Sauce Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Soy Sauce Revenue Market Share by Country (2018-2023)
    Table 49. Europe Soy Sauce Sales by Type (2018-2023) & (K Tons)
    Table 50. Europe Soy Sauce Sales by Application (2018-2023) & (K Tons)
    Table 51. Middle East & Africa Soy Sauce Sales by Country (2018-2023) & (K Tons)
    Table 52. Middle East & Africa Soy Sauce Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Soy Sauce Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Soy Sauce Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Soy Sauce Sales by Type (2018-2023) & (K Tons)
    Table 56. Middle East & Africa Soy Sauce Sales by Application (2018-2023) & (K Tons)
    Table 57. Key Market Drivers & Growth Opportunities of Soy Sauce
    Table 58. Key Market Challenges & Risks of Soy Sauce
    Table 59. Key Industry Trends of Soy Sauce
    Table 60. Soy Sauce Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Soy Sauce Distributors List
    Table 63. Soy Sauce Customer List
    Table 64. Global Soy Sauce Sales Forecast by Region (2024-2029) & (K Tons)
    Table 65. Global Soy Sauce Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Soy Sauce Sales Forecast by Country (2024-2029) & (K Tons)
    Table 67. Americas Soy Sauce Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Soy Sauce Sales Forecast by Region (2024-2029) & (K Tons)
    Table 69. APAC Soy Sauce Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Soy Sauce Sales Forecast by Country (2024-2029) & (K Tons)
    Table 71. Europe Soy Sauce Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Soy Sauce Sales Forecast by Country (2024-2029) & (K Tons)
    Table 73. Middle East & Africa Soy Sauce Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Soy Sauce Sales Forecast by Type (2024-2029) & (K Tons)
    Table 75. Global Soy Sauce Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Soy Sauce Sales Forecast by Application (2024-2029) & (K Tons)
    Table 77. Global Soy Sauce Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Haitian Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 79. Haitian Soy Sauce Product Portfolios and Specifications
    Table 80. Haitian Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 81. Haitian Main Business
    Table 82. Haitian Latest Developments
    Table 83. Kikkoman Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 84. Kikkoman Soy Sauce Product Portfolios and Specifications
    Table 85. Kikkoman Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 86. Kikkoman Main Business
    Table 87. Kikkoman Latest Developments
    Table 88. Shinho Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 89. Shinho Soy Sauce Product Portfolios and Specifications
    Table 90. Shinho Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 91. Shinho Main Business
    Table 92. Shinho Latest Developments
    Table 93. Yamasa Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 94. Yamasa Soy Sauce Product Portfolios and Specifications
    Table 95. Yamasa Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 96. Yamasa Main Business
    Table 97. Yamasa Latest Developments
    Table 98. Lee Kum Kee Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 99. Lee Kum Kee Soy Sauce Product Portfolios and Specifications
    Table 100. Lee Kum Kee Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 101. Lee Kum Kee Main Business
    Table 102. Lee Kum Kee Latest Developments
    Table 103. Meiweixian Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 104. Meiweixian Soy Sauce Product Portfolios and Specifications
    Table 105. Meiweixian Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 106. Meiweixian Main Business
    Table 107. Meiweixian Latest Developments
    Table 108. Shoda Shoyu Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 109. Shoda Shoyu Soy Sauce Product Portfolios and Specifications
    Table 110. Shoda Shoyu Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 111. Shoda Shoyu Main Business
    Table 112. Shoda Shoyu Latest Developments
    Table 113. Jiajia Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 114. Jiajia Soy Sauce Product Portfolios and Specifications
    Table 115. Jiajia Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 116. Jiajia Main Business
    Table 117. Jiajia Latest Developments
    Table 118. PRB BIO-TECH Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 119. PRB BIO-TECH Soy Sauce Product Portfolios and Specifications
    Table 120. PRB BIO-TECH Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 121. PRB BIO-TECH Main Business
    Table 122. PRB BIO-TECH Latest Developments
    Table 123. ABC Sauces Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 124. ABC Sauces Soy Sauce Product Portfolios and Specifications
    Table 125. ABC Sauces Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 126. ABC Sauces Main Business
    Table 127. ABC Sauces Latest Developments
    Table 128. Bragg Live Food Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 129. Bragg Live Food Soy Sauce Product Portfolios and Specifications
    Table 130. Bragg Live Food Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 131. Bragg Live Food Main Business
    Table 132. Bragg Live Food Latest Developments
    Table 133. Nestlé Basic Information, Soy Sauce Manufacturing Base, Sales Area and Its Competitors
    Table 134. Nestlé Soy Sauce Product Portfolios and Specifications
    Table 135. Nestlé Soy Sauce Sales (K Tons), Revenue ($ Million), Price (USD/Ton) and Gross Margin (2018-2023)
    Table 136. Nestlé Main Business
    Table 137. Nestlé Latest Developments
List of Figures
    Figure 1. Picture of Soy Sauce
    Figure 2. Soy Sauce Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Soy Sauce Sales Growth Rate 2018-2029 (K Tons)
    Figure 7. Global Soy Sauce Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Soy Sauce Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Brewed
    Figure 10. Product Picture of Blended
    Figure 11. Global Soy Sauce Sales Market Share by Type in 2022
    Figure 12. Global Soy Sauce Revenue Market Share by Type (2018-2023)
    Figure 13. Soy Sauce Consumed in Household
    Figure 14. Global Soy Sauce Market: Household (2018-2023) & (K Tons)
    Figure 15. Soy Sauce Consumed in Catering Service Industry
    Figure 16. Global Soy Sauce Market: Catering Service Industry (2018-2023) & (K Tons)
    Figure 17. Soy Sauce Consumed in Food Processing
    Figure 18. Global Soy Sauce Market: Food Processing (2018-2023) & (K Tons)
    Figure 19. Global Soy Sauce Sales Market Share by Application (2022)
    Figure 20. Global Soy Sauce Revenue Market Share by Application in 2022
    Figure 21. Soy Sauce Sales Market by Company in 2022 (K Tons)
    Figure 22. Global Soy Sauce Sales Market Share by Company in 2022
    Figure 23. Soy Sauce Revenue Market by Company in 2022 ($ Million)
    Figure 24. Global Soy Sauce Revenue Market Share by Company in 2022
    Figure 25. Global Soy Sauce Sales Market Share by Geographic Region (2018-2023)
    Figure 26. Global Soy Sauce Revenue Market Share by Geographic Region in 2022
    Figure 27. Americas Soy Sauce Sales 2018-2023 (K Tons)
    Figure 28. Americas Soy Sauce Revenue 2018-2023 ($ Millions)
    Figure 29. APAC Soy Sauce Sales 2018-2023 (K Tons)
    Figure 30. APAC Soy Sauce Revenue 2018-2023 ($ Millions)
    Figure 31. Europe Soy Sauce Sales 2018-2023 (K Tons)
    Figure 32. Europe Soy Sauce Revenue 2018-2023 ($ Millions)
    Figure 33. Middle East & Africa Soy Sauce Sales 2018-2023 (K Tons)
    Figure 34. Middle East & Africa Soy Sauce Revenue 2018-2023 ($ Millions)
    Figure 35. Americas Soy Sauce Sales Market Share by Country in 2022
    Figure 36. Americas Soy Sauce Revenue Market Share by Country in 2022
    Figure 37. Americas Soy Sauce Sales Market Share by Type (2018-2023)
    Figure 38. Americas Soy Sauce Sales Market Share by Application (2018-2023)
    Figure 39. United States Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Canada Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 41. Mexico Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 42. Brazil Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 43. APAC Soy Sauce Sales Market Share by Region in 2022
    Figure 44. APAC Soy Sauce Revenue Market Share by Regions in 2022
    Figure 45. APAC Soy Sauce Sales Market Share by Type (2018-2023)
    Figure 46. APAC Soy Sauce Sales Market Share by Application (2018-2023)
    Figure 47. China Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Japan Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 49. South Korea Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Southeast Asia Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 51. India Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Australia Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 53. China Taiwan Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 54. Europe Soy Sauce Sales Market Share by Country in 2022
    Figure 55. Europe Soy Sauce Revenue Market Share by Country in 2022
    Figure 56. Europe Soy Sauce Sales Market Share by Type (2018-2023)
    Figure 57. Europe Soy Sauce Sales Market Share by Application (2018-2023)
    Figure 58. Germany Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 59. France Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 60. UK Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Italy Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 62. Russia Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 63. Middle East & Africa Soy Sauce Sales Market Share by Country in 2022
    Figure 64. Middle East & Africa Soy Sauce Revenue Market Share by Country in 2022
    Figure 65. Middle East & Africa Soy Sauce Sales Market Share by Type (2018-2023)
    Figure 66. Middle East & Africa Soy Sauce Sales Market Share by Application (2018-2023)
    Figure 67. Egypt Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 68. South Africa Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 69. Israel Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Turkey Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 71. GCC Country Soy Sauce Revenue Growth 2018-2023 ($ Millions)
    Figure 72. Manufacturing Cost Structure Analysis of Soy Sauce in 2022
    Figure 73. Manufacturing Process Analysis of Soy Sauce
    Figure 74. Industry Chain Structure of Soy Sauce
    Figure 75. Channels of Distribution
    Figure 76. Global Soy Sauce Sales Market Forecast by Region (2024-2029)
    Figure 77. Global Soy Sauce Revenue Market Share Forecast by Region (2024-2029)
    Figure 78. Global Soy Sauce Sales Market Share Forecast by Type (2024-2029)
    Figure 79. Global Soy Sauce Revenue Market Share Forecast by Type (2024-2029)
    Figure 80. Global Soy Sauce Sales Market Share Forecast by Application (2024-2029)
    Figure 81. Global Soy Sauce Revenue Market Share Forecast by Application (2024-2029)

Haitian
Kikkoman
Shinho
Yamasa
Lee Kum Kee
Meiweixian
Shoda Shoyu
Jiajia
PRB BIO-TECH
ABC Sauces
Bragg Live Food
Nestlé

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape