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Oyster Sauce Market Size Worth $11.16 Billion By 2025 Due To Growing Popularity Of Asian Cuisine Across The Globe | Grand View Research, Inc.

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Oyster Sauce Market Size Worth $11.16 Billion By 2025 Due To Growing Popularity Of Asian Cuisine Across The Globe | Grand View Research, Inc.

April 20
19:01 2021
Oyster Sauce Market Size Worth $11.16 Billion By 2025 Due To Growing Popularity Of Asian Cuisine Across The Globe | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report published by Grand View Research, the growing popularity of Asian cuisine across the world coupled with the savory flavor of oyster sauce making is one of the key driving factors of the oyster sauce market.

The global oyster sauce market size is expected to reach USD 11.16 billion by 2025 registering a CAGR of 4.5%. Oyster sauce is an essential part of Asian cuisine. Its popularity is a result of its savory taste, which makes it an excellent addition to a variety of meats and vegetables. Over the projected timeframe, this is also expected to fuel the commodity demand. The global oyster sauce market is expected to expand as the number of online grocery service providers increases.

The rising awareness of the importance of leading a healthier lifestyle has increased the value of home-cooked food, which is projected to fuel the demand for oyster sauce during the forecast period. Furthermore, television cooking shows are encouraging viewers to cook at home and experiment with new flavors and sauces. Oyster sauce has recently been one of the most common ingredients in a variety of fast food dishes. These are a few of the major factors propelling the global oyster sauce market forward. 

Oyster Sauce Market Report Highlights

 On the basis of distribution channel, the hypermarkets and supermarkets segment dominated the distribution channel segment and is expected to maintain its dominance during the forecast period.

 The online distribution channel segment is expected to witness the fastest growth of CAGR 4.8% over the forecast period owing to the growing number of smartphone and internet users coupled with social distancing and stepping-out-of-the-house-only-when-necessary norms across the globe due to the COVID-19 pandemic.

 Based on the application, the commercial application segment accounted for more than 56% of the global market in 2018.

 The Asia Pacific is estimated to be the largest market by 2025. However, North America is expected to be the fastest-growing region over the forecast period.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/oyster-sauce-market/request/rs1

Oyster Sauce Market Segmentation

Grand View Research has segmented the global oyster sauce market on the basis of application, distribution channel, and region:

Oyster Sauce Application Outlook (Revenue, USD Million, 2015 – 2025)

     Household
     Commercial

Oyster Sauce Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)

     Supermarkets/Hypermarkets
     Convenience Stores
     Online

Oyster Sauce Regional Outlook (Revenue, USD Million, 2015 – 2025)

     North America
        • The U.S.
     Europe
        • France
     Asia Pacific
        • China
        • Hong Kong
        • Japan
    • Central and South America
     Middle East & Africa

Speak to Analyst @ https://www.grandviewresearch.com/inquiry/6419/ibb

Browse More Related Report:

Fish Sauce Market Size, Share & Trends Analysis Report By Product Type (Traditional, Industrial), By Application (Domestic/Household, Foodservice Industry, and Restaurant), By Region, And Segment Forecasts, 2019 – 2025

Sauces, Dressings & Condiments Market Size, Share & Trends Analysis Report By Product (Cooking Sauces, Dips), By Distribution Channel, By Region, And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/oyster-sauce-market


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