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.
Free Valuable Insights: The Global Soy Sauce Market is Predict to reach USD 73.2 Billion by 2030, at a CAGR of 6.1%
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.
By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)
By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
