Global Soy Sauce Market Overview:
The rising product demand as a flavor enhancer and seasoning ingredient by food manufacturers, food retail chains, and restaurants will help to boost the global Soy Sauce market in the forecasted period. In Japan, soy sauce is referred as shoyu is prepared from wheat and soybeans mixed in equal proportion. The two raw constituents are broken down into peptides and amino acids with the help of microbial proteolytic enzymes after fermentation.
- The rising adoption of a variety of the food
- The Increasing demand for the Spicy and Floaverd Food
- Increasing Adoption of Cross cultured Food Trend
- Increased the Utility of the Product in the Food Service Sector
- The Lockdown due to COVID 19 Pandemic impacted
- High Adoption due to The Online Distribution Channel
- The Rising Popularity Of the Indian Food across the Globe
- The Stringent government Regulation Regarding Food Products
The market companies focus on expanding their portfolio and geographical footprint through M&A, partnerships, and product innovation to gain maximum market share.
Some of the key players profiled in the report are Kikkoman (Japan ), Nestle (Switzerland), Kraft Heinz (United States), Mc Cormick & Co. Inc (United States), Yamasa Corporation (Japan), Campbell Soup Company (United States), MARUNAKA SHOYU (Japan), Shoda Sauces Europe Company Ltd (United Kingdom), Hormel Food and Corporation (United States) and Lee Kum Kee (China). Analyst at AMA Research see European Vendors to retain maximum share of Global Soy Sauce market by 2026. Considering Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Soy Sauce market. Considering Market by Process, the sub-segment i.e. Brewed will boost the Soy Sauce market.
30th June 2020, Lee Kum Kee the pioneer and leading maker of authentic, Asian-style sauces and condiments announced today the launch of a new line of Panda Brand Grilling and Dipping Sauces.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Soy Sauce market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Soy Sauce market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturer, Distributors, Suppliers, Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.