This report studies the Soy Sauce market, covering market size for segment by type (Brewed Soy Sauce, Blended Soy Sauce, etc.), by application (Household/Retail, Food Service, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Haitian, Kikkoman, Shinho, Yamasa, Lee Kum Kee, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Soy Sauce from 2016-2021, and provides extensive market forecasts from 2022-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Soy Sauce market.
Moreover, the impact of COVID-19 is also concerned. Since outbreak in December 2019, the COVID-19 virus has spread to all around the world and caused huge losses of lives and economy, and the global manufacturing, tourism and financial markets have been hit hard, while the online market/industry increase. Fortunately, with the development of vaccine and other effort by global governments and organizations, the negative impact of COVID-19 is expected to subside and the global economy is expected to recover.
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Soy Sauce including:
Haitian
Kikkoman
Shinho
Yamasa
Lee Kum Kee
Meiweixian
Shoda Shoyu
Jiajia
PRB BIO-TECH
ABC Sauces
Bragg Live Food
Nestle (Maggi Sauces)
Masan Group
Bourbon Barrel Foods
Otafuku Sauce
Okonomi
Market split by Type, can be divided into:
Brewed Soy Sauce
Blended Soy Sauce
Market split by Application, can be divided into:
Household/Retail
Food Service
Food Processing
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Key Questions Answered in Report
Which is the most lucrative market
Which factors will impact the growth of the market
How will changing trends impact the strategies of market players
How can market players capture the low-hanging opportunities across regions
Which companies are leading the industry
What are the winning strategies of stakeholders in the market
Chapter 1 Soy Sauce Market Overview
1.1 Soy Sauce Definition
1.2 Global Soy Sauce Market Size Status and Outlook (2016-2030)
1.3 Global Soy Sauce Market Size Comparison by Region (2016-2030)
1.4 Global Soy Sauce Market Size Comparison by Type (2016-2030)
1.5 Global Soy Sauce Market Size Comparison by Application (2016-2030)
1.6 Global Soy Sauce Market Size Comparison by Sales Channel (2016-2030)
1.7 Soy Sauce Market Dynamics (COVID-19 Impacts)
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Mergers/Acquisitions/Expansion)
1.7.4 COVID-19 Impacts
1.7.5 Post-Strategies of COVID-19
Chapter 2 Soy Sauce Market Segment Analysis by Player
2.1 Global Soy Sauce Sales and Market Share by Player (2019-2021)
2.2 Global Soy Sauce Revenue and Market Share by Player (2019-2021)
2.3 Global Soy Sauce Average Price by Player (2019-2021)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 Soy Sauce Market Segment Analysis by Type
3.1 Global Soy Sauce Market by Type
3.1.1 Brewed Soy Sauce
3.1.2 Blended Soy Sauce
3.2 Global Soy Sauce Sales and Market Share by Type (2016-2021)
3.3 Global Soy Sauce Revenue and Market Share by Type (2016-2021)
3.4 Global Soy Sauce Average Price by Type (2016-2021)
3.5 Leading Players of Soy Sauce by Type in 2021
3.6 Conclusion of Segment by Type
Chapter 4 Soy Sauce Market Segment Analysis by Application
4.1 Global Soy Sauce Market by Application
4.1.1 Household/Retail
4.1.2 Food Service
4.1.3 Food Processing
4.2 Global Soy Sauce Revenue and Market Share by Application (2016-2021)
4.3 Leading Consumers of Soy Sauce by Application in 2021
4.4 Conclusion of Segment by Application
Chapter 5 Soy Sauce Market Segment Analysis by Sales Channel
5.1 Global Soy Sauce Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global Soy Sauce Revenue and Market Share by Sales Channel (2016-2021)
5.3 Leading Distributors/Dealers of Soy Sauce by Sales Channel in 2021
5.4 Conclusion of Segment by Sales Channel
Chapter 6 Soy Sauce Market Segment Analysis by Region
6.1 Global Soy Sauce Market Size and CAGR by Region (2016-2030)
6.2 Global Soy Sauce Sales and Market Share by Region (2016-2021)
6.3 Global Soy Sauce Revenue and Market Share by Region (2016-2021)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America Soy Sauce Market Share by Type
6.4.3 North America Soy Sauce Market Share by Application
6.4.4 United States
6.4.5 Canada
6.4.6 Mexico
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe Soy Sauce Market Share by Type
6.5.3 Europe Soy Sauce Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Russia
6.5.9 Spain
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific Soy Sauce Market Share by Type
6.6.3 Asia-Pacific Soy Sauce Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America Soy Sauce Market Share by Type
6.7.3 South America Soy Sauce Market Share by Application
6.7.4 Brazil
6.7.5 Argentina
6.7.6 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa Soy Sauce Market Share by Type
6.8.3 Middle East & Africa Soy Sauce Market Share by Application
6.8.4 UAE
6.8.5 Saudi Arabia
6.8.6 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading Soy Sauce Players
7.1 Haitian
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 Kikkoman
7.3 Shinho
7.4 Yamasa
7.5 Lee Kum Kee
7.6 Meiweixian
7.7 Shoda Shoyu
7.8 Jiajia
7.9 PRB BIO-TECH
7.10 ABC Sauces
7.11 Bragg Live Food
7.12 Nestle (Maggi Sauces)
7.13 Masan Group
7.14 Bourbon Barrel Foods
7.15 Otafuku Sauce
7.16 Okonomi
Chapter 8 Upstream and Downstream Analysis of Soy Sauce
8.1 Industrial Chain of Soy Sauce
8.2 Upstream of Soy Sauce
8.3 Downstream of Soy Sauce
Chapter 9 Development Trend of Soy Sauce (2022-2030)
9.1 Global Soy Sauce Market Size (Sales and Revenue) Forecast (2022-2030)
9.2 Global Soy Sauce Market Size and CAGR Forecast by Region (2022-2030)
9.3 Global Soy Sauce Market Size and CAGR Forecast by Type (2022-2030)
9.4 Global Soy Sauce Market Size and CAGR Forecast by Application (2022-2030)
9.5 Global Soy Sauce Market Size and CAGR Forecast by Sales Channel (2022-2030)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification
List of Tables and Figures
Figure Soy Sauce Example
Figure Global Soy Sauce Revenue (Million $) Status and Outlook (2016-2030)
Figure Global Soy Sauce Revenue (Million $) Comparison by Region (2016-2030)
Figure Global Soy Sauce Revenue (Million $) Comparison by Type (2016-2030)
Figure Global Soy Sauce Revenue (Million $) Comparison by Application (2016-2030)
Figure Global Soy Sauce Revenue (Million $) Comparison by Sales Channel (2016-2030)
Table Global Soy Sauce Sales by Player (2019-2021)
Table Global Soy Sauce Sales Market Share by Player (2019-2021)
Figure Global Soy Sauce Sales Market Share by Player in 2021
Table Global Soy Sauce Revenue (Million $) by Player (2019-2021)
Table Global Soy Sauce Revenue Market Share by Player (2019-2021)
Figure Global Soy Sauce Revenue Market Share by Player in 2021
Table Global Soy Sauce Average Price by Player (2019-2021)
Figure Global Soy Sauce Average Price by Player in 2021
Figure Global Soy Sauce Players Competition Situation – Top 5 Players’ Revenue Market Share in 2019
Figure Global Soy Sauce Players Competition Trends – Top 5 Players’ Revenue Market Share in 2021
Figure Example of Brewed Soy Sauce
Figure Global Brewed Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Blended Soy Sauce
Figure Global Blended Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table Global Soy Sauce Sales by Type (2016-2021)
Table Global Soy Sauce Sales Market Share by Type (2016-2021)
Figure Global Soy Sauce Sales Market Share by Type in 2021
Table Global Soy Sauce Revenue (Million $) by Type (2016-2021)
Table Global Soy Sauce Revenue Market Share by Type (2016-2021)
Figure Global Soy Sauce Revenue Market Share by Type in 2021
Table Global Soy Sauce Average Price by Type (2016-2021)
Figure Global Soy Sauce Average Price by Type in 2021
Table Leading Players of Soy Sauce by Type in 2021
Figure Example of Household/Retail
Figure Global Soy Sauce for Household/Retail Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Food Service
Figure Global Soy Sauce for Food Service Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Food Processing
Figure Global Soy Sauce for Food Processing Revenue (Million $) and Growth Rate (2016-2021)
Table Global Soy Sauce Sales by Application (2016-2021)
Table Global Soy Sauce Sales Market Share by Application (2016-2021)
Figure Global Soy Sauce Sales Market Share by Application in 2021
Table Leading Consumers of Soy Sauce by Application in 2021
Figure Example of Direct Channel
Figure Global Soy Sauce for Direct Channel Revenue (Million $) and Growth Rate (2016-2021)
Figure Example of Distribution Channel
Figure Global Soy Sauce for Distribution Channel Revenue (Million $) and Growth Rate (2016-2021)
Table Global Soy Sauce Revenue by Sales Channel (2016-2021)
Table Global Soy Sauce Revenue Market Share by Sales Channel (2016-2021)
Figure Global Soy Sauce Revenue Market Share by Sales Channel in 2021
Table Leading Distributors/Dealers of Soy Sauce by Sales Channel in 2021
Table Global Soy Sauce Market Size and CAGR by Region (2016-2030)
Table Global Soy Sauce Sales by Region (2016-2021)
Table Global Soy Sauce Sales Market Share by Region (2016-2021)
Figure Global Soy Sauce Sales Market Share by Region in 2021
Table Global Soy Sauce Revenue (Million $) by Region (2016-2021)
Table Global Soy Sauce Revenue Market Share by Region (2016-2021)
Figure Global Soy Sauce Revenue Market Share by Region in 2021
Table North America Soy Sauce Sales by Country (2016-2021)
Figure North America Soy Sauce Sales Market Share by Country (2016-2021)
Table North America Soy Sauce Revenue by Country (2016-2021)
Figure North America Soy Sauce Revenue Market Share by Country (2016-2021)
Figure North America Soy Sauce Market Share by Type in 2021
Figure North America Soy Sauce Market Share by Application in 2021
Figure United States Soy Sauce Sales and Growth Rate (2016-2021)
Figure United States Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Canada Soy Sauce Sales and Growth Rate (2016-2021)
Figure Canada Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Mexico Soy Sauce Sales and Growth Rate (2016-2021)
Figure Mexico Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table Europe Soy Sauce Sales by Country (2016-2021)
Figure Europe Soy Sauce Sales Market Share by Country (2016-2021)
Table Europe Soy Sauce Revenue by Country (2016-2021)
Figure Europe Soy Sauce Revenue Market Share by Country (2016-2021)
Figure Europe Soy Sauce Market Share by Type in 2021
Figure Europe Soy Sauce Market Share by Application in 2021
Figure Germany Soy Sauce Sales and Growth Rate (2016-2021)
Figure Germany Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure UK Soy Sauce Sales and Growth Rate (2016-2021)
Figure UK Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure France Soy Sauce Sales and Growth Rate (2016-2021)
Figure France Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Italy Soy Sauce Sales and Growth Rate (2016-2021)
Figure Italy Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Russia Soy Sauce Sales and Growth Rate (2016-2021)
Figure Russia Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Spain Soy Sauce Sales and Growth Rate (2016-2021)
Figure Spain Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table Asia-Pacific Soy Sauce Sales by Country (2016-2021)
Figure Asia-Pacific Soy Sauce Sales Market Share by Country (2016-2021)
Table Asia-Pacific Soy Sauce Revenue by Country (2016-2021)
Figure Asia-Pacific Soy Sauce Revenue Market Share by Country (2016-2021)
Figure Asia-Pacific Soy Sauce Market Share by Type in 2021
Figure Asia-Pacific Soy Sauce Market Share by Application in 2021
Figure China Soy Sauce Sales and Growth Rate (2016-2021)
Figure China Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Japan Soy Sauce Sales and Growth Rate (2016-2021)
Figure Japan Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Korea Soy Sauce Sales and Growth Rate (2016-2021)
Figure Korea Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure India Soy Sauce Sales and Growth Rate (2016-2021)
Figure India Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Southeast Asia Soy Sauce Sales and Growth Rate (2016-2021)
Figure Southeast Asia Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Australia Soy Sauce Sales and Growth Rate (2016-2021)
Figure Australia Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table South America Soy Sauce Sales by Country (2016-2021)
Figure South America Soy Sauce Sales Market Share by Country (2016-2021)
Table South America Soy Sauce Revenue by Country (2016-2021)
Figure South America Soy Sauce Revenue Market Share by Country (2016-2021)
Figure South America Soy Sauce Market Share by Type in 2021
Figure South America Soy Sauce Market Share by Application in 2021
Figure Brazil Soy Sauce Sales and Growth Rate (2016-2021)
Figure Brazil Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Argentina Soy Sauce Sales and Growth Rate (2016-2021)
Figure Argentina Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Colombia Soy Sauce Sales and Growth Rate (2016-2021)
Figure Colombia Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table Middle East & Africa Soy Sauce Sales by Country (2016-2021)
Figure Middle East & Africa Soy Sauce Sales Market Share by Country (2016-2021)
Table Middle East & Africa Soy Sauce Revenue by Country (2016-2021)
Figure Middle East & Africa Soy Sauce Revenue Market Share by Country (2016-2021)
Figure Middle East & Africa Soy Sauce Market Share by Type in 2021
Figure Middle East & Africa Soy Sauce Market Share by Application in 2021
Figure UAE Soy Sauce Sales and Growth Rate (2016-2021)
Figure UAE Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure Saudi Arabia Soy Sauce Sales and Growth Rate (2016-2021)
Figure Saudi Arabia Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Figure South Africa Soy Sauce Sales and Growth Rate (2016-2021)
Figure South Africa Soy Sauce Revenue (Million $) and Growth Rate (2016-2021)
Table Company Snapshot of Haitian
Table Soy Sauce Introduction of Haitian
Table Soy Sauce Sales, Price, Revenue, Gross Margin and Market Share of Haitian (2019-2021)
Table Industrial Chain of Soy Sauce
Table Manufacturing Cost Structure of Soy Sauce
Table General Manufacturing Process of Soy Sauce
Table Leading Distributors/Dealers of Soy Sauce
Table Leading Consumers of Soy Sauce
Figure Global Soy Sauce Sales and Growth Rate Forecast (2022-2030)
Figure Global Soy Sauce Revenue and Growth Rate Forecast (2022-2030)
Table Global Soy Sauce Market Size and CAGR Forecast by Region (2022-2030)
Table Global Soy Sauce Market Size and CAGR Forecast by Type (2022-2030)
Table Global Soy Sauce Market Size and CAGR Forecast by Application (2022-2030)
Table Global Soy Sauce Market Size and CAGR Forecast by Sales Channel (2022-2030)
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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