Revenue from the Soy Sauce Production industry in China has been growing at an annual rate of 10.5% in the five years through 2017. In 2017, revenue is expected to grow 4.3% to $22.7 billion, mainly driven by increasing domestic demand.The Soy Sauce Production industry in China has been expanding due to rising income and consumption levels. Terminal demand for the industry's products mainly comes from the food catering and food manufacturing industries, as well as from households. Exports are estimated to account for 3.7% of industry revenue in 2017.Revenue from the top four industry enterprises accounts for about 11.3% of industry revenue in 2017, indicating a low Industry concentration level...purchase to read more.

Industry Report - Industry Locations Chapter

Industry activity is concentrated in Guangdong, Shandong and Henan. Producers in these regions account for 33.3 %, 10.7 % and 9.4 % of total Soy Sauce Production industry revenue in 2017, respectively. Combined, these three provinces make up 53.4 % of industry revenue.GuangdongGuangdong province is the major industry production in China. In 2016, total output for soy sauce in Guangdong province reached 4.0 million tons, accounting for 34.6% of total industry soy sauce output. Participants in Guangdong province mainly use sun-curing techniques. Easy access to imported soybeans, large demand for soybeans and fast growing market demand were the main reasons for the growing share of Guangdong province. In 2017, Guangdong is expected to contribute 33.3% t...purchase to read more.

Additional Insights for the Soy Sauce Production Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Soy Sauce Production Industry are

  • Having cost effective distribution systems
  • Superior financial management and debt management
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as Domestic Goods Prices - Agricultural - Crops - Grains and Downstream Demand - Food Service and Drinking Places in the Soy Sauce Production industry impact industry performance..

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    What's in this report

    What is the Soy Sauce Production Industry?

    This industry uses soybeans, wheat and bran as raw materials to produce various soy sauce and sauce products through microbial fermentation.

    Industry Products
  • Soy sauce
  • Edible vinegar
  • Sauce products
  • Fruit vinegar
  • Industry Activities
  • Soy sauce production
  • Sauce production
  • Edible vinegar production
  • Fruit vinegar production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Domestic Goods Prices - Agricultural - Crops - Grains
  • Downstream Demand - Food Service and Drinking Places
  • Downstream Demand - Food Manufacturing
  • Household Discretionary Income
  • Key Attitudinal Changes - Health and Safety Awareness
  • Legislative Compliance Requirements
  • Standard of Living

  • Current Performance
    International tradeEnterprises, wages and employmentCompetitive landscape
  • Chart: Revenue Growth

  • Industry Outlook
    Industry risks
  • Table: Soy Sauce Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Soy Sauce Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Canned Food Production
  • Department Stores & Shopping Malls
  • Supermarkets
  • Full-Service Restaurants
  • Fast-Food Restaurants
  • Online Shopping

  • Key Selling Industries
  • Legume Growing
  • Sugar Production

  • Products & Services
  • Soy sauce
  • Edible vinegar
  • Sauce products
  • Fruit vinegar
  • Chart: Soy Sauce Production Industry Products and Services Segmentation

  • Demand Determinants
  • Economic growth
  • Per capita consumption
  • Health consciousness
  • Population growth
  • Price

  • Major Markets
  • Wholesalers
  • Retailers
  • Supermarkets
  • Agents and distributors
  • Exports
  • Other
  • Chart: Major Market Segmentation for the Soy Sauce Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Soy Sauce Production

  • Basis of Competition
  • Price
  • Quality
  • Raw material access
  • Distribution channels
  • Production methods
  • Brand recognition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Soy Sauce Production Industry

  • Industry Globalization
    Foshan Haitian Flavouring and Food Company Ltd., Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Lee Kum Kee (Guangzhou) Food Co., Ltd., Jiajia Food Group Co. Ltd., Qianhe Condiment and Food Co. Ltd.,
  • Table: Foshan Haitian Flavouring and Food Company Ltd. - financial performance
  • Table: Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd. - financial performance
  • Table: Lee Kum Kee (Guangzhou) Food Co., Ltd. - financial performance
  • Table: Jiajia Food Group Co. Ltd. - financial performance
  • Table: Qianhe Condiment and Food Co. Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Soy Sauce Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Soy Sauce Production Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Output of Soy Sauce (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Edible Vinegar
  • Vinegar is a liquid consisting mainly of acetic acid and water. Edible vinegars include rice vinegar, sugar vinegar, white vinegar, Shanxi mature vinegar and Zhenjiang fragrant vinegar.
  • Fruit Vinegar
  • A type of drinking vinegar made from fruit wines and consumed for their health benefits.
  • Hazard Analysis And Critical Control Points
  • A safety system for food and pharmaceuticals that addresses physical, chemical and biological hazards as a means of prevention; also known as HACCP.
  • Soy Sauce
  • A salty condiment made from a fermented paste of boiled soybeans.
  • What Our Customers Say

    Why buy this report?

    The Soy Sauce Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Soy Sauce Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Soy Sauce Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Soy Sauce Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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