In 2023, the European soy sauce market exhibited varied growth rates across countries. France dominated the market with a value of €62.811 million, marking a 4.74% year-on-year growth. Spain followed with €26.781 million, experiencing a 6.07% increase. Sweden saw a 7.89% rise to €16.964 million. Denmark's market slightly contracted by 0.38% to €3.3684 million. Estonia and Lithuania's markets grew by 6.93% and 2.08% to reach €1.4317 million and €1.3716 million, respectively.
Future trends to monitor in the European soy sauce market include:
- Potential effects of increasing health consciousness influencing soy sauce demand.
- Expansion of Asian cuisine impacting growth in untapped European regions.
- Economic fluctuations and price sensitivity affecting overall market size.
Top countries in Soya Sauce Market Size Value by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 62,811,000 | 2023 | +3.02% | +4.74% | View data |
| 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 |
| 6 | 6 Lithuania | 1,371,600 | 2023 | +3.21% | +2.08% | View data |
