Valued at over USD 44.76 billion in 2022, the global soy sauce market is supported by growing adoption of plant-based diets and its role as a versatile condiment.
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The global soy sauce market's robust growth is deeply intertwined with several contemporary food trends and changing consumer preferences. The increasing globalization of food culture has played a pivotal role, as consumers worldwide are becoming more adventurous in their culinary choices. This shift is particularly evident in Western countries, where Asian cuisine has moved beyond specialty restaurants to become a regular part of home cooking. The versatility of soy sauce has been a key factor in its adoption - it's not just used as a condiment but has become an essential ingredient in fusion cooking, where it adds depth and umami to non-traditional dishes. This adaptability has led to its incorporation in various Western cooking techniques, from marinades for grilled meats to salad dressings and pasta sauces. The health-conscious consumer movement has also significantly benefited the soy sauce market. Consumers are increasingly scrutinizing food labels and seeking natural, fermented products with minimal artificial additives. This has led to the development of specialized products like organic soy sauce, low-sodium variants, and naturally brewed options. Manufacturers have responded to this trend by highlighting the traditional fermentation processes and natural ingredients used in soy sauce production, appealing to consumers who prioritize clean-label products. The market has also seen innovation in packaging and portion sizes to cater to different usage patterns and convenience requirements.
According to the research report, “Global Soy Sauce Market Outlook, 2028” published by Bonafide Research, the Global Soy Sauce market was valued at more than USD 44.76 Billion in 2022. This substantial market size is supported by the growing adoption of plant-based diets, where soy sauce serves as a crucial flavor enhancer. The rise of vegetarianism and veganism has created new opportunities for soy sauce manufacturers, as the condiment provides the essential umami flavor that many plant-based dishes require. This trend is particularly strong among younger consumers who are more likely to embrace plant-based diets for health, environmental, and ethical reasons. The market has also responded to specific dietary requirements, such as the development of gluten-free varieties using alternative grains or traditional brewing methods that exclude wheat. These specialized products often command premium prices, contributing to market value growth. The expansion of retail channels, particularly in emerging markets, has improved product accessibility and visibility. Modern trade formats, including supermarkets and specialty stores, have created dedicated sections for international condiments, making soy sauce more accessible to curious consumers. Additionally, the growth of e-commerce has enabled smaller, artisanal brands to reach consumers directly, contributing to market diversity and value growth.
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Rising Popularity of Asian Cuisine: The global popularity of Asian cuisine, particularly Japanese, Chinese, and Korean dishes, is a major driver for the soy sauce market. As consumers increasingly seek to recreate authentic Asian dishes at home, soy sauce has become a staple ingredient in many kitchens across the globe.
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Growing Demand for Plant-Based and Natural Products: The increasing trend towards plant-based diets, as well as the rising demand for natural, clean-label products, is driving the growth of the soy sauce market. Soy sauce, being a plant-based product made from soybeans and wheat, is a popular choice for consumers seeking vegetarian, vegan, and gluten-free alternatives to traditional condiments.
Market Challenges
Competition from Alternative Sauces: While soy sauce remains a popular choice, it faces competition from a variety of alternative sauces, such as teriyaki sauce, fish sauce, and hoisin sauce. These alternatives are gaining popularity, particularly in Western markets, where consumers may be more familiar with these options. This competition can limit the growth potential of the soy sauce market, especially in non-Asian regions.
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Health Concerns Regarding Sodium Content: Traditional soy sauce contains high levels of sodium, which can raise health concerns, especially among consumers with dietary restrictions or health conditions like hypertension. Although low-sodium variants are available, they are not always as widely adopted as traditional soy sauce, and the health concerns surrounding sodium levels may limit market growth in certain regions.
Market Trends
Premiumization and Artisanal Soy Sauce: There is a growing trend toward premium and artisanal soy sauces that are made using traditional brewing methods and high-quality ingredients. These premium variants are often aged for longer periods to develop deeper, more complex flavors. Consumers, particularly those in Western markets, are increasingly willing to pay a premium for authentic, high-quality soy sauces that offer unique flavor profiles.
Increase in Health-Conscious Products: The demand for healthier soy sauce options, such as organic, gluten-free, and low-sodium variants, is on the rise. As consumers become more health-conscious, they are seeking food products that align with their dietary preferences. Soy sauce producers are responding by offering a range of healthier products that cater to the growing demand for clean-label, natural, and allergen-free options.
Segmentation Analysis
Brewed soy sauce's market dominance is rooted in its superior flavor profile and traditional production methods.
Brewed soy sauce's market dominance is rooted in its superior flavor profile and traditional production methods The natural fermentation process, which typically takes anywhere from six months to several years, involves a complex interaction between soybeans, wheat, salt, and specific strains of beneficial microorganisms. This lengthy process results in the development of hundreds of flavor compounds that contribute to the sauce's distinctive taste profile. The brewing process begins with carefully selected soybeans and wheat that are steamed and mixed with Aspergillus mold to create koji. This mixture is then combined with salt water to form moromi, which undergoes fermentation. During this period, proteins break down into amino acids, starches convert to sugars, and various chemical reactions produce the complex flavors associated with premium soy sauce. This traditional method, while time-consuming and more expensive than chemical production, yields a product with superior taste, aroma, and nutritional properties. The growing consumer interest in authentic, traditionally produced foods has further strengthened the position of brewed soy sauce in the market. Premium and artisanal varieties often highlight their extended brewing periods and traditional methods as key selling points, appealing to consumers who value authenticity and quality in their food products. The demand for artisanal and premium soy sauces, particularly those that are traditionally brewed, is further cementing the dominance of brewed soy sauce in the global market.
Culinary use is the largest end-use segment for soy sauce, as it is a key ingredient in a wide variety of Asian dishes, including stir-fries, soups, and marinades
The culinary segment's dominance in the soy sauce market reflects its versatility as both a cooking ingredient and table condiment. In professional kitchens, soy sauce has become an essential tool for chefs looking to add depth and complexity to their dishes. Its ability to enhance umami flavors makes it valuable not just in Asian cuisine but also in Western cooking, where it's used to intensify the flavors of sauces, stews, and marinades. The foodservice industry's use of soy sauce has evolved beyond traditional applications, with innovative chefs incorporating it into unexpected dishes like desserts and cocktails. This creativity has helped expand the product's appeal and usage occasions. In home cooking, soy sauce has become a pantry staple for many households, used in everything from quick stir-fries to elaborate meals. The growing popularity of meal kit services and cooking shows has also contributed to increased household usage, as these platforms often introduce consumers to new ways of using soy sauce. The product's long shelf life and relatively low cost per use make it an attractive option for both commercial and home kitchens. Additionally, the rise of dark kitchens and food delivery services during recent years has further boosted the demand for soy sauce in professional cooking applications.
Retail sales are the dominant distribution channel for soy sauce, with both offline and online retailers playing a crucial role in the market’s growth
The retail channel's prominence in soy sauce distribution is characterized by a complex network of both traditional and modern retail formats. In supermarkets and hypermarkets, soy sauce is typically positioned in multiple locations - in the Asian food section, condiment aisle, and sometimes in specialty cooking sections. This multi-point positioning increases visibility and purchase opportunities. The rise of specialty food stores and gourmet markets has created new opportunities for premium and artisanal soy sauce brands, which often command higher margins. These outlets typically offer extensive product education and sampling opportunities, helping consumers understand the differences between various types and grades of soy sauce. The e-commerce channel has revolutionized soy sauce distribution by enabling direct-to-consumer sales for specialty products and making international brands more accessible. Online platforms provide detailed product information, customer reviews, and recipe suggestions, helping consumers make informed purchasing decisions. The growth of subscription-based grocery services and specialty food clubs has created new opportunities for premium soy sauce brands to reach enthusiast consumers. Additionally, social media and food blogs have become important channels for brand discovery and education, influencing consumer preferences and purchasing decisions in both online and offline retail environments.
Regional Analysis
Asia Pacific is the largest and most established market for soy sauce, driven by the long history of soy sauce use in traditional Asian cuisines.
The Asia Pacific region's dominance in the soy sauce market is built on centuries of cultural heritage and production expertise. Countries in this region have developed distinct varieties of soy sauce, each with unique characteristics reflecting local preferences and traditional production methods. Japan's shoyu, China's light and dark soy sauces, and Korean ganjang each have specific applications and cultural significance. The region's production infrastructure is highly developed, with both traditional manufacturers and modern facilities utilizing advanced technology while maintaining traditional quality standards. The export of soy sauce from Asia Pacific has grown significantly, driven by increasing global demand and the establishment of production facilities by Asian manufacturers in other regions. This expansion has been supported by strong quality control measures and certification systems that ensure product authenticity and safety. The region's influence extends beyond production, as Asian culinary traditions continue to shape global food trends and cooking techniques. The growing international appreciation for Asian cuisine has led to increased demand for authentic Asian condiments, with soy sauce being a fundamental component. Moreover, the region serves as a hub for innovation in the soy sauce industry, with manufacturers developing new varieties and formats to meet evolving consumer preferences while maintaining traditional production standards.
Key Developments
• In October 2023, Japanese soy sauce brand Kikkoman announced its expansion into new international markets, particularly in Europe, to cater to the rising demand for authentic Asian ingredients in Western kitchens.
• In August 2023, China’s leading soy sauce manufacturer, Lee Kum Kee, launched a new line of organic soy sauces, catering to the growing demand for clean-label and organic products.
• In July 2023, the U.S. soy sauce brand San-J introduced a gluten-free, low-sodium soy sauce option, aimed at health-conscious consumers and those with dietary restrictions.
Considered in this report
* Historic year: 2018
* Base year: 2023
* Estimated year: 2024
* Forecast year: 2029
Aspects covered in this report
* Soy Sauce Market with its value and forecast along with its segments
* Country-wise Soya Sauce market analysis
* Various drivers and challenges
* On-going trends and developments
* Top profiled companies
* Strategic recommendation
By Product Type
• Brewed Soy Sauce
• Chemical Soy Sauce
• Dark Soy Sauce
• Light Soy Sauce
• Tamari Soy Sauce (Gluten-Free)
• Organic Soy Sauce
By End Use
• Culinary Use
• Sauces and Condiments
• Ready-to-Eat Meals and Packaged Foods
• Foodservice Industry (Restaurants, Catering)
• Health and Functional Foods
By Distribution Channel
• Online Retail
• Offline Retail (Supermarkets, Hypermarkets, Specialty Stores)
• Direct-to-Consumer (Farmers Markets, Specialty Shops)
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Soy Sauce industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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