Global Hoisin Sauce Market Size & Outlook, 2025-2030
The global hoisin sauce market size was estimated at USD 1,732.1 million in 2024 and is projected to reach USD 2,307.6 million by 2030, growing at a CAGR of 4.8% from 2025 to 2030.
Revenue, 2024 (US$M)
$1,732.1
Forecast, 2030 (US$M)
$2,307.6
CAGR, 2025 - 2030
4.8%
Report Coverage
Worldwide
Global hoisin sauce market, 2018-2030 (US$M)
Related Markets
Global hoisin sauce market highlights
- The global hoisin sauce market generated a revenue of USD 1,732.1 million in 2024 and is expected to reach USD 2,307.6 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4.8% by 2030.
- In terms of segment, conventional accounted for a revenue of USD 1,296.6 million in 2024.
- Organic 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 2024.
- Country-wise, Singapore is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,732.1 million |
| Market revenue in 2030 | USD 2,307.6 million |
| Growth rate | 4.8% (CAGR from 2025 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Conventional, Organic |
Other key industry trends
- In terms of revenue, the North America accounted for 22.7% of the global hoisin sauce market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Singapore is the fastest growing regional market and is projected to reach USD 23.9 million by 2030.
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Hoisin Sauce Market Scope
Hoisin sauce market segmentation & scope
Hoisin Sauce Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Allied Old English | View profile | 11-50 | Port Reading, New Jersey, United States, North America | https://www.alliedoldenglish.com |
| San-J International, Inc. | View profile | - | Richmond, Virginia, United States, North America | https://san-j.com/ |
| Koon Chun Sauce Factory | View profile | 51-100 | Yuen Long, New Territories, Hong Kong, Asia | https://www.koonchun.com.hk |
| Lee Kum Kee | View profile | 251-500 | City Of Industry, California, United States, North America | https://usa.lkk.com/ |
| Hormel Foods Corp | View profile | 20000 | 1 Hormel Place, Austin, MN, United States, 55912-3680 | https://www.hormelfoods.com |
Global hoisin sauce market size, by regions, 2018-2030 (US$M)
Top 10 countries: Hoisin sauce market size, 2024 (US$M)
Global hoisin sauce market share, by nature, 2024 & 2030 (%, US$M)
Hoisin sauce market: Opportunity assessment by country
Global hoisin sauce market, by region, 2024 (US$M)
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