The promotional Soy Sauce Market report can be used by both established and new players in the industry for complete understanding of the market. The report provides intelligent solutions to the complex business challenges and commences an effortless decision-making process. The scope of this market research report include industry research, customer insights, market sizing & forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends.
The attention on the overwhelming players Bourbon Barrel Foods; Masan Group.; Kikkoman Corporation; Foshan Haitian flavouring & Food Co.Ltd; AOTAFUKU SAUCE CO.,LTD.; YAMASA Corporation USA; Lee Kum Keemrapali Biotech; Sing Cheung Co; PRB BIO-TECH CO.,LTD.; ABC USA.; Aloha Shoyu Company; HIGETA SHOYU; SAN-J; Eden Foods Inc.; Kodanmal Co., Ltd.; SHODA SHOYU CO.,LTD.; Dreams Food; Monggo Foods Co., Ltd.; among others.
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An introduction of Soy Sauce Market 2020
Global soy sauce market is set to witness a substantial CAGR of 7.39% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand as flavour enhancer and availability of different flavours are the factor for the market growth.
Soy sauce is a brown sauce which is usually made by fermented soya beans, brine, koji and roasted grain. They are widely used in Japanese and Chinese dishes. They are mainly added to enhance the flavour of the food. They are considered ideal all-purpose seasoning. They are available in brewed and blended type. Light soy sauce, dark soy sauce, tamari, and other are some of the common types of the soya sauce. They are rich in isoflavones, protein, antioxidants, and other small amount of fibre.
Crucial Market Segment details-:
- By Type (Brewed, Blended),
- Application (Household, Food Industry),
- Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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- Increasing health consciousness among population will drive the market growth
- Rising popularity of different cuisines will also accelerate the market demand
- Increasing soy production is another factor boosting the growth of this market
- They have the ability to flavour and color to the food; this factor will also surge the market growth
- High cost of the raw material will hamper the market growth
- It have high sodium content which can increase blood pressure; this factor can restrain the market growth
- Soy sauce contain some cancer forming substances is also hindering the market growth
What are the Recent Development of the Market?
In December 2018, Orkla announced that they have sold their Mrs Cheng’s brand to the Continental Foods. The main aim of the sale was to decrease the complexity of their portfolio. This acquisition will be beneficial for the Continental Foods as it will help them to enhance their product portfolio and will also help them to offer better services to their customer
In May 2018, Kikkoman Corporation announced the launch of their Ponzu Citrus Soy Sauce at UK. This new product is the combination of the naturally brewed soy sauce with Japanese condiment Ponzu. The main aim of the launch is to meet the rising demand of the customer for Japanese cuisines. This new product has sour, salty, tangy and sweet taste
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Strategic Points Covered in Table of Content of Soy Sauce Market:
Chapter 1: Introduction, Definition, Specifications, Classification and Scope the Soy Sauce market 2019
Chapter 2: Exclusive Summery like Industry chain structure, Manufacturer cost structure, suppliers, etc
Chapter 3: Displays Trends, Drivers and Challenges of the Soy Sauce market
Chapter 4: By the study of SWOT analysis it displays sales analysis, investment analysis, market analysis, etc
Chapter 5: It evaluates the market by segments, by countries and by manufacturers with revenue, share and sales by key countries in these various regions.
Chapter 6: Evaluate the leading manufacturers of the Global Soy Sauce market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: Soy Sauce Research Findings and Conclusion, Appendix, system and information source
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