The European soya sauce market in 2023 was significantly dominated by the Netherlands, with a production value of 141.93 million Euros. The United Kingdom and France followed, albeit at significantly lower values. In terms of year-on-year growth from 2022 to 2023, France experienced a substantial increase of 19.72%, while Spain saw a noteworthy rise of 12.73%. Italy also showed appreciable growth of 8.01%. Conversely, Denmark faced a steep decline of 32.33%. Over a five-year span, the compound annual growth rate provides further insight into these countries' production trends.
Looking ahead, several trends could shape the European soya sauce market:
- Increasing consumer preference for Asian cuisines driving demand.
- Potential production shifts due to economic or trade policy changes.
- Growing emphasis on sustainable production methods.
- Rising importance of health-oriented low-sodium sauce innovations.
Top countries in Sold Production of Soya Sauce by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 141,930,000 | 2023 | +4.64% | +7.57% | View data |
2 | 2 United Kingdom | 8,466,600 | 2023 | +3.87% | +3.21% | View data |
3 | 3 France | 6,951,100 | 2023 | +1.18% | +19.72% | View data |
4 | 4 Czechia | 2,453,600 | 2023 | |||
5 | 5 Sweden | 1,262,300 | 2023 | +6.75% | +2.06% | View data |
6 | 6 Portugal | 852,550 | 2023 | +3.67% | +4.3% | View data |
7 | 7 Italy | 435,210 | 2023 | +1.84% | +8.01% | View data |
8 | 8 Spain | 428,910 | 2023 | +36.51% | +12.73% | View data |
9 | 9 Estonia | 112,160 | 2023 | +0.0098% | View data | |
10 | 10 Denmark | 27,800 | 2023 | -48.34% | -32.33% | View data |