The French Soya Sauce market has experienced substantial growth from 2012 to 2022, with value increasing from €31.807 million to €60.972 million. Throughout this period, the market showed a steady year-on-year increase, peaking in 2016 with an 18.73% rise. However, there was a slight decline in 2018 by -2.45%, indicating volatility but overall resilience. The compounded annual growth rate (CAGR) over the past five years stands at 3.6%, reflecting sustained market expansion albeit at a moderated rate. As of 2023, whereas the market stood strong, exact values require further investigation.
Future trends to watch for include:
- Increasing consumer interest in Asian cuisine, driving demand for soya sauce.
- Potential impact of health trends on soya sauce consumption; demand might pivot towards low-sodium versions.
- Global supply chain disruptions that could affect product availability and pricing.
- The rise of private labels and emerging local brands in the soya sauce market.
How does France rank in Soya Sauce Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 62,811,000 | 2023 | +3.02% | +4.74% | |
| 2 | 2 Spain | 26,781,000 | 2023 | +4.11% | +6.07% | View data |
| 3 | 3 Sweden | 16,964,000 | 2023 | +3.07% | +7.89% | View data |
| 4 | 4 Denmark | 3,368,400 | 2023 | -0.96% | -0.38% | View data |
| 5 | 5 Estonia | 1,431,700 | 2023 | +5.6% | +6.93% | View data |
