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North America Oyster Sauce Market Size, Share & Trends Analysis Report By Product Type (Non-MSG Oyster Sauce and Vegetarian Oyster Sauce) By Distribution Channel, By Application (Commercial and Household), By Country and Growth Forecast, 2024 - 2031

Published Date : 22-Oct-2024

Pages: 101

Formats: PDF

The North America Oyster Sauce Market would witness market growth of 11.3% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 149,991.7 tonnes, showcasing a growth of 11.4% (2020-2023).

Non-MSG oyster sauce is gaining popularity as health-conscious consumers seek alternatives free from monosodium glutamate (MSG). This sauce is primarily used in Asian cuisine for enhancing the flavor of stir-fries, marinades, and soups while maintaining a rich umami taste. Its natural ingredients appeal to those looking for cleaner labels and healthier cooking options. Thus, the Canada market is expected to utilize 31,207.7 tonnes of Non-MSG oyster sauce by 2031.

North America Oyster Sauce Market

The US market dominated the North America Oyster Sauce Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,588.1 Million by 2031. Canada market is experiencing a CAGR of 13.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.8% during (2024 - 2031).

Oyster sauce is a savoury, dark brown condiment commonly used in Asian cuisine. It is made from oyster extracts, sugar, salt, and water thickened with cornstarch. The sauce has a rich, umami flavour with a hint of sweetness, making it a popular ingredient for enhancing the taste of stir-fries, marinades, and sauces.

Additionally, oyster sauce acts as a natural flavour balancer in dishes, enhancing the sweetness and umami notes without overpowering the other ingredients. This property makes it particularly effective in achieving a harmonious blend of flavours, especially in stir-fries combining multiple ingredients.

The growth of the food processing sector in Canada has had a significant impact on the oyster sauce market, reflecting the increasing integration of diverse culinary influences into Canadian cuisine. According to the Government of Canada, the food and beverage processing industry was the largest manufacturing sector in the country in 2022, with production value reaching $156.5 billion. This robust growth not only highlights the sector's importance to the Canadian economy but also creates opportunities for various food products, including international sauces like oyster sauce.

Free Valuable Insights: The Oyster Sauce Market is Predict to reach USD 23.9 Billion by 2031, at a CAGR of 12.3%

Based on Product Type, the market is segmented into Non-MSG Oyster Sauce and Vegetarian Oyster Sauce. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores, Online, and Other Distribution Channels. Based on Application, the market is segmented into Commercial and Household. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Ajinomoto Co., Inc.
  • Lee Kum Kee Company Limited
  • Pearl River Bridge
  • Nestle S.A. (Nestlé India Limited)
  • Amoy Food Ltd.
  • Foshan Haitian Flavoring & Food Co. Ltd.
  • Megachef (Marine Resources Development Co.,Ltd.)
  • Pantainorasingh Manufacturer Co.,Ltd.
  • MOTHER'S BEST

North America Oyster Sauce Market Report Segmentation

By Product Type (Volume, Tonnes, USD Billion, 2020-2031)

  • Non-MSG Oyster Sauce
  • Vegetarian Oyster Sauce

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online
  • Other Distribution Channels

By Application (Volume, Tonnes, USD Billion, 2020-2031)

  • Commercial
  • Household

By Country (Volume, Tonnes, USD Billion, 2020-2031)

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Oyster Sauce Market, by Product Type
1.4.2 North America Oyster Sauce Market, by Distribution Channel
1.4.3 North America Oyster Sauce Market, by Application
1.4.4 North America Oyster Sauce Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America Oyster Sauce Market by Product Type
4.1 North America Non-MSG Oyster Sauce Market by Country
4.2 North America Vegetarian Oyster Sauce Market by Country

Chapter 5. North America Oyster Sauce Market by Distribution Channel
5.1 North America Supermarkets/Hypermarkets Market by Country
5.2 North America Convenience Stores Market by Country
5.3 North America Online Market by Country
5.4 North America Other Distribution Channels Market by Country

Chapter 6. North America Oyster Sauce Market by Application
6.1 North America Commercial Market by Country
6.2 North America Household Market by Country

Chapter 7. North America Oyster Sauce Market by Country
7.1 US Oyster Sauce Market
7.1.1 US Oyster Sauce Market by Product Type
7.1.2 US Oyster Sauce Market by Distribution Channel
7.1.3 US Oyster Sauce Market by Application
7.2 Canada Oyster Sauce Market
7.2.1 Canada Oyster Sauce Market by Product Type
7.2.2 Canada Oyster Sauce Market by Distribution Channel
7.2.3 Canada Oyster Sauce Market by Application
7.3 Mexico Oyster Sauce Market
7.3.1 Mexico Oyster Sauce Market by Product Type
7.3.2 Mexico Oyster Sauce Market by Distribution Channel
7.3.3 Mexico Oyster Sauce Market by Application
7.4 Rest of North America Oyster Sauce Market
7.4.1 Rest of North America Oyster Sauce Market by Product Type
7.4.2 Rest of North America Oyster Sauce Market by Distribution Channel
7.4.3 Rest of North America Oyster Sauce Market by Application

Chapter 8. Company Profiles
8.1 Ajinomoto Co., Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Lee Kum Kee Company Limited
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Pearl River Bridge
8.3.1 Company Overview
8.4 Nestle S.A. (Nestlé India Limited)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Amoy Food Ltd.
8.5.1 Company Overview
8.6 Foshan Haitian Flavoring & Food Co., Ltd.
8.6.1 Company overview
8.6.2 Financial Analysis
8.6.3 SWOT Analysis
8.7 Megachef (Marine Resources Development Co., Ltd.)
8.7.1 Company Overview
8.8 Pantainorasingh Manufacturer Co., Ltd.
8.8.1 Company Overview
8.9 MOTHER'S BEST
8.9.1 Company Overview
TABLE 1 North America Oyster Sauce Market, 2020 - 2023, USD Million
TABLE 2 North America Oyster Sauce Market, 2024 - 2031, USD Million
TABLE 3 North America Oyster Sauce Market, 2020 - 2023, Tonnes
TABLE 4 North America Oyster Sauce Market, 2024 - 2031, Tonnes
TABLE 5 North America Oyster Sauce Market by Product Type, 2020 - 2023, USD Million
TABLE 6 North America Oyster Sauce Market by Product Type, 2024 - 2031, USD Million
TABLE 7 North America Oyster Sauce Market by Product Type, 2020 - 2023, Tonnes
TABLE 8 North America Oyster Sauce Market by Product Type, 2024 - 2031, Tonnes
TABLE 9 North America Non-MSG Oyster Sauce Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Non-MSG Oyster Sauce Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Non-MSG Oyster Sauce Market by Country, 2020 - 2023, Tonnes
TABLE 12 North America Non-MSG Oyster Sauce Market by Country, 2024 - 2031, Tonnes
TABLE 13 North America Vegetarian Oyster Sauce Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Vegetarian Oyster Sauce Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Vegetarian Oyster Sauce Market by Country, 2020 - 2023, Tonnes
TABLE 16 North America Vegetarian Oyster Sauce Market by Country, 2024 - 2031, Tonnes
TABLE 17 North America Oyster Sauce Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 18 North America Oyster Sauce Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 19 North America Oyster Sauce Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 20 North America Oyster Sauce Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 21 North America Supermarkets/Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Supermarkets/Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Supermarkets/Hypermarkets Market by Country, 2020 - 2023, Tonnes
TABLE 24 North America Supermarkets/Hypermarkets Market by Country, 2024 - 2031, Tonnes
TABLE 25 North America Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Convenience Stores Market by Country, 2020 - 2023, Tonnes
TABLE 28 North America Convenience Stores Market by Country, 2024 - 2031, Tonnes
TABLE 29 North America Online Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Online Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Online Market by Country, 2020 - 2023, Tonnes
TABLE 32 North America Online Market by Country, 2024 - 2031, Tonnes
TABLE 33 North America Other Distribution Channels Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Other Distribution Channels Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Other Distribution Channels Market by Country, 2020 - 2023, Tonnes
TABLE 36 North America Other Distribution Channels Market by Country, 2024 - 2031, Tonnes
TABLE 37 North America Oyster Sauce Market by Application, 2020 - 2023, USD Million
TABLE 38 North America Oyster Sauce Market by Application, 2024 - 2031, USD Million
TABLE 39 North America Oyster Sauce Market by Application, 2020 - 2023, Tonnes
TABLE 40 North America Oyster Sauce Market by Application, 2024 - 2031, Tonnes
TABLE 41 North America Commercial Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Commercial Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Commercial Market by Country, 2020 - 2023, Tonnes
TABLE 44 North America Commercial Market by Country, 2024 - 2031, Tonnes
TABLE 45 North America Household Market by Country, 2020 - 2023, USD Million
TABLE 46 North America Household Market by Country, 2024 - 2031, USD Million
TABLE 47 North America Household Market by Country, 2020 - 2023, Tonnes
TABLE 48 North America Household Market by Country, 2024 - 2031, Tonnes
TABLE 49 North America Oyster Sauce Market by Country, 2020 - 2023, USD Million
TABLE 50 North America Oyster Sauce Market by Country, 2024 - 2031, USD Million
TABLE 51 North America Oyster Sauce Market by Country, 2020 - 2023, Tonnes
TABLE 52 North America Oyster Sauce Market by Country, 2024 - 2031, Tonnes
TABLE 53 US Oyster Sauce Market, 2020 - 2023, USD Million
TABLE 54 US Oyster Sauce Market, 2024 - 2031, USD Million
TABLE 55 US Oyster Sauce Market, 2020 - 2023, Tonnes
TABLE 56 US Oyster Sauce Market, 2024 - 2031, Tonnes
TABLE 57 US Oyster Sauce Market by Product Type, 2020 - 2023, USD Million
TABLE 58 US Oyster Sauce Market by Product Type, 2024 - 2031, USD Million
TABLE 59 US Oyster Sauce Market by Product Type, 2020 - 2023, Tonnes
TABLE 60 US Oyster Sauce Market by Product Type, 2024 - 2031, Tonnes
TABLE 61 US Oyster Sauce Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 62 US Oyster Sauce Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 63 US Oyster Sauce Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 64 US Oyster Sauce Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 65 US Oyster Sauce Market by Application, 2020 - 2023, USD Million
TABLE 66 US Oyster Sauce Market by Application, 2024 - 2031, USD Million
TABLE 67 US Oyster Sauce Market by Application, 2020 - 2023, Tonnes
TABLE 68 US Oyster Sauce Market by Application, 2024 - 2031, Tonnes
TABLE 69 Canada Oyster Sauce Market, 2020 - 2023, USD Million
TABLE 70 Canada Oyster Sauce Market, 2024 - 2031, USD Million
TABLE 71 Canada Oyster Sauce Market, 2020 - 2023, Tonnes
TABLE 72 Canada Oyster Sauce Market, 2024 - 2031, Tonnes
TABLE 73 Canada Oyster Sauce Market by Product Type, 2020 - 2023, USD Million
TABLE 74 Canada Oyster Sauce Market by Product Type, 2024 - 2031, USD Million
TABLE 75 Canada Oyster Sauce Market by Product Type, 2020 - 2023, Tonnes
TABLE 76 Canada Oyster Sauce Market by Product Type, 2024 - 2031, Tonnes
TABLE 77 Canada Oyster Sauce Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 78 Canada Oyster Sauce Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 79 Canada Oyster Sauce Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 80 Canada Oyster Sauce Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 81 Canada Oyster Sauce Market by Application, 2020 - 2023, USD Million
TABLE 82 Canada Oyster Sauce Market by Application, 2024 - 2031, USD Million
TABLE 83 Canada Oyster Sauce Market by Application, 2020 - 2023, Tonnes
TABLE 84 Canada Oyster Sauce Market by Application, 2024 - 2031, Tonnes
TABLE 85 Mexico Oyster Sauce Market, 2020 - 2023, USD Million
TABLE 86 Mexico Oyster Sauce Market, 2024 - 2031, USD Million
TABLE 87 Mexico Oyster Sauce Market, 2020 - 2023, Tonnes
TABLE 88 Mexico Oyster Sauce Market, 2024 - 2031, Tonnes
TABLE 89 Mexico Oyster Sauce Market by Product Type, 2020 - 2023, USD Million
TABLE 90 Mexico Oyster Sauce Market by Product Type, 2024 - 2031, USD Million
TABLE 91 Mexico Oyster Sauce Market by Product Type, 2020 - 2023, Tonnes
TABLE 92 Mexico Oyster Sauce Market by Product Type, 2024 - 2031, Tonnes
TABLE 93 Mexico Oyster Sauce Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 94 Mexico Oyster Sauce Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 95 Mexico Oyster Sauce Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 96 Mexico Oyster Sauce Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 97 Mexico Oyster Sauce Market by Application, 2020 - 2023, USD Million
TABLE 98 Mexico Oyster Sauce Market by Application, 2024 - 2031, USD Million
TABLE 99 Mexico Oyster Sauce Market by Application, 2020 - 2023, Tonnes
TABLE 100 Mexico Oyster Sauce Market by Application, 2024 - 2031, Tonnes
TABLE 101 Rest of North America Oyster Sauce Market, 2020 - 2023, USD Million
TABLE 102 Rest of North America Oyster Sauce Market, 2024 - 2031, USD Million
TABLE 103 Rest of North America Oyster Sauce Market, 2020 - 2023, Tonnes
TABLE 104 Rest of North America Oyster Sauce Market, 2024 - 2031, Tonnes
TABLE 105 Rest of North America Oyster Sauce Market by Product Type, 2020 - 2023, USD Million
TABLE 106 Rest of North America Oyster Sauce Market by Product Type, 2024 - 2031, USD Million
TABLE 107 Rest of North America Oyster Sauce Market by Product Type, 2020 - 2023, Tonnes
TABLE 108 Rest of North America Oyster Sauce Market by Product Type, 2024 - 2031, Tonnes
TABLE 109 Rest of North America Oyster Sauce Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 110 Rest of North America Oyster Sauce Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 111 Rest of North America Oyster Sauce Market by Distribution Channel, 2020 - 2023, Tonnes
TABLE 112 Rest of North America Oyster Sauce Market by Distribution Channel, 2024 - 2031, Tonnes
TABLE 113 Rest of North America Oyster Sauce Market by Application, 2020 - 2023, USD Million
TABLE 114 Rest of North America Oyster Sauce Market by Application, 2024 - 2031, USD Million
TABLE 115 Rest of North America Oyster Sauce Market by Application, 2020 - 2023, Tonnes
TABLE 116 Rest of North America Oyster Sauce Market by Application, 2024 - 2031, Tonnes
TABLE 117 Key information – Ajinomoto Co., Inc.
TABLE 118 Key Information – Lee Kum Kee Company Limited
TABLE 119 Key Information – Pearl River Bridge
TABLE 120 Key Information – Nestle S.A.
TABLE 121 Key Information – Amoy Food Ltd.
TABLE 122 Key Information – Foshan Haitian Flavoring & Food Co., Ltd.
TABLE 123 Key Information – Megachef
TABLE 124 Key Information – Pantainorasingh Manufacturer CO., LTD.
TABLE 125 Key Information – MOTHER'S BEST

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Oyster Sauce Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Oyster Sauce Market
FIG 4 Porter’s Five Forces Analysis – Oyster Sauce Market
FIG 5 North America Oyster Sauce Market share by Product Type, 2023
FIG 6 North America Oyster Sauce Market share by Product Type, 2031
FIG 7 North America Oyster Sauce Market by Product Type, 2020 - 2031, USD Million
FIG 8 North America Oyster Sauce Market share by Distribution Channel, 2023
FIG 9 North America Oyster Sauce Market share by Distribution Channel, 2031
FIG 10 North America Oyster Sauce Market by Distribution Channel, 2020 - 2031, USD Million
FIG 11 North America Oyster Sauce Market share by Application, 2023
FIG 12 North America Oyster Sauce Market share by Application, 2031
FIG 13 North America Oyster Sauce Market by Application, 2020 - 2031, USD Million
FIG 14 North America Oyster Sauce Market share by Country, 2023
FIG 15 North America Oyster Sauce Market share by Country, 2031
FIG 16 North America Oyster Sauce Market by Country, 2020 - 2031, USD Million
FIG 18 SWOT Analysis: Lee Kum Kee Company Limited
FIG 19 SWOT Analysis: Nestle S.A.
FIG 20 SWOT Analysis: Kikkoman Corporation

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