Soy Sauce Market expected to reach US$ 59.12
billion by 2025
The global Soy Sauce Market scope was projected at US$ 39.7 billion in 2018. It is expected to reach
US$ 59.12 billion by 2025 with a CAGR of 5.9% during the forecast period. This could be attributed to
rising preference of consumers for soy sauce coupled with an ever-increasing focus on expansion of
production capabilities. As such, the verticals driving the soy sauce market include restaurants, food retail
chains, and food manufacturers.
Soy sauce is one of the main ingredients of several popular and upcoming global cuisines like Chinese,
Malaysian, Indonesian, Vietnamese, Thai, and Japanese. Plus, consumers are turning health conscious
with the passage of time. As of now, soy sauce is used for preparing foods like beef, dry mixes, cookies &
cakes, bread & rolls, bacon/cured meat, dressings, and various snacks.
High salt consumption has given rise to loads of health concerns; which is catalyzing the demand for less-
salty food. This factor is likely to impact the soy sauce market positively in the next 5-7 years. Plus, key
players are on the new product launch spree. For instance, the U.S. alone witnessed launching of 200
products in the year 2016. Plus, Kikkoman did launch its naturally brewed soy sauce’s “Less Salt Version”
around the same time. The novel product has retained the taste of the food along with dropping of salt
content by around 43%.
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“The global Soy Sauce Market scope was projected at US$ 39.7 billion in 2018. It is expected to
reach US$ 59.12 billion by 2025 with a CAGR of 5.9% during the forecast period.”
The soy sauce industry is segmented by type, application, and geography. By type, it spans blended and
brewed. By application, it says household and food industry. By geography, it states North