brand

Global Hoisin Sauce Market Size & Outlook, 2023-2030

The hoisin sauce industry worldwide is expected to reach a projected revenue of US$ 2,307.6 million by 2030. A compound annual growth rate of 5% is expected of the worldwide hoisin sauce industry from 2024 to 2030.

Revenue, 2023 (US$M)
$1,644.2
Forecast, 2030 (US$M)
$2,307.6
CAGR, 2024 - 2030
5%
Report Coverage
Worldwide

Global hoisin sauce market, 2018-2030 (US$M)

  • Select file type

Related Markets

North America Hoisin Sauce Market Outlook

Europe Hoisin Sauce Market Outlook

Asia Pacific Hoisin Sauce Market Outlook

Latin America Hoisin Sauce Market Outlook

MEA Hoisin Sauce Market Outlook

Global hoisin sauce market highlights

  • The global hoisin sauce market generated a revenue of USD 1,644.2 million in 2023 and is expected to reach USD 2,307.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
  • In terms of segment, conventional accounted for a revenue of USD 1,644.2 million in 2023.
  • Conventional is the most lucrative nature segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 1,644.2 million
Market revenue in 2030USD 2,307.6 million
Growth rate5% (CAGR from 2023 to 2030)
Largest segmentConventional
Fastest growing segmentConventional
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConventional


Other key industry trends

  • In terms of revenue, the North America accounted for 27.7% of the global hoisin sauce market in 2023.

Key Regions: U.S. , UK , Japan , Brazil , UAE

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Hoisin Sauce Market Scope

Hoisin sauce market segmentation & scope
Nature
Conventional
Organic
Packaging
Glass Bottle
Plastic Bottle
Pouches and Sachets
Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Grocery Stores
Online
Others
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Australia
China
India
Japan
South Korea
Thailand

Hoisin Sauce Market Companies

Name Profile # Employees HQ Website

Global hoisin sauce market size, by regions, 2018-2030 (US$M)

  • Select file type
Global Unlock Premium
View all data tables

Related industry reports

Global Gin Market Outlook, 2022-2030

Global Vodka Market Outlook, 2022-2030

Global Fruit Snacks Market Outlook, 2022-2030

Global Coconut Products Market Outlook, 2022-2030

Global Premium Bottled Water Market Outlook, 2022-2030

Related regional statistics

Latin America gin market statistics, by country, 2018-2030 (US$B)

Latin America rum market statistics, by country, 2018-2030 (US$B)

Latin America vodka market statistics, by country, 2018-2030 (US$B)

North America pet digestive health supplements market statistics, by country, 2018-2030 (US$M)

North America pet hip & joint supplements market statistics, by country, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more