Oyster sauce is a thick, syrup-like sauce which is used in Chinese food. The oyster sauce comprises of oyster extracts, sugar, salt, and corn starch. It is often used in thai, malay, veitnamese, and khmer cuisines.

The major factors fuelling the growth of the global oyster sauce market include the growing popularity of Asian cuisine across the world, increasing number of online grocery service providers, and the rising consumer awareness about the importance of home cooked food. The oyster sauce is used as an ideal ingredient for flavoring different types of meats and vegetables due to its savory flavor. Moreover, the growing focus on product innovation by companies is driving the growth of oyster sauce market in future. For instance, in 2018, Nestle Maggi has launched its new product, Maggi Oyster Sauce, which is a mixture of Korean and Japanese oyster flavors. The oyster sauce is a popular staple product and acts as an important seasoning & flavoring ingredient used in Chinese dishes, thereby fuelling the growth of global oyster sauce market. However, the growing incidences of allergic due to the consumption of oyster sauce is hampering the growth of global oyster sauce market.

Based on the region, Asia-Pacific is expected to a grow at a higher CAGR during the forecast period due to the rising consumption of oyster sauce in the region. Additionally, shifting consumer preference towards home cooked food and the large presence of strong network between manufacturer and supplier are anticipated to drive the growth of oyster sauce market in Asia-Pacific region.

The Global Oyster Sauce Market has been segmented on the basis of application, distribution channel, and key region. Based on application, the market is segmented into household and commercial. Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, and online.

Some of the major players of global Oyster Sauce market are Nestle, Lee Kum Kee, Foshan Haitian flavouring & Food Co. Ltd., Kikkoman Corporation, Ajinomoto Co., Inc., Kakusan Foods Co., Ltd., Bachun Food Industries (Pte) Ltd, Thaipreeda Group, Yuen Chun Industries Sdn Bhd and Foodex Manufacturer Co., Ltd. among others.

Market Segmentation:

Global Oyster Sauce Market by Application

• • Household
  • Commercial

Global Oyster Sauce Market by Distribution Channel

• • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

Global Oyster Sauce Market by Region

• • North America Oyster Sauce Market
  • Europe Oyster Sauce Market
  • Asia-Pacific Oyster Sauce Market
  • ROW Oyster Sauce Market

Leading Market Players

• • Nestle
  • Lee Kum Kee
  • Foshan Haitian flavouring & Food Co. Ltd.
  • Kikkoman Corporation
  • Ajinomoto Co., Inc.
  • Kakusan Foods Co., Ltd.
  • Bachun Food Industries (Pte) Ltd
  • Thaipreeda Group
  • Yuen Chun Industries Sdn Bhd
  • Foodex Manufacturer Co., Ltd.