Latest Developments in Global Oyster Sauces Market

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Latest Developments in Global Oyster Sauces Market

  • Food & Beverage
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In June 2024, Lee Kum Kee Sauce Group announced investment to establish a new manufacturing facility in LaGrange, Georgia. This expansion strengthens Lee Kum Kee’s production capabilities, supporting its growth in the North American market and meeting the rising demand for premium Asian condiments. The facility will create up to 267 jobs and feature intelligent factory solutions, digitalization, product innovation, and R&D capabilities. It marks a significant milestone in Lee Kum Kee’s commitment to authentic Asian flavors
  • In May 2024, Lee Kum Kee partnered with Kyuramen, a popular U.S.-based ramen restaurant chain, to introduce authentic Hong Kong flavors to American diners. This collaboration launched three exclusive menu items across 26 Kyuramen locations, featuring Lee Kum Kee’s Premium Oyster Sauce, Black Pepper Sauce, Sriracha Mayo, and Chiu Chow Style Chili Crisp. The partnership strengthens Lee Kum Kee’s presence in the U.S. foodservice sector, leveraging Kyuramen’s growing popularity to showcase innovative Asian-inspired dishes
  • In April 2024, Kikkoman Corporation introduced its first 100% vegetarian oyster-flavored sauce in India, catering to both vegetarian and non-vegetarian consumers. This innovative product expands Kikkoman’s market reach, addressing the significant vegetarian population in the region. The sauce is crafted using Kikkoman Soy Sauce as a base ingredient, ensuring an authentic umami flavor that rivals traditional non-vegetarian oyster sauces. Developed through extensive R&D across Japan, Singapore, and India, it offers a balanced taste profile suitable for stir-fries, noodles, paneer, and tofu dishes
  • In June 2023, Nestlé Thailand launched a low-sodium oyster sauce with 60% less sodium, alongside a low-sodium cooking sauce with 40% less sodium. This initiative supports health-conscious consumers looking to reduce salt intake, aligning with global trends in healthier eating. The launch strengthens Nestlé’s presence in the Thai market, addressing demand for flavorful yet health-focused condiments. The product competes with other sodium-reduced offerings from brands such as Roza, Good Life, and Oyster Light
  • In December 2020, Fraser & Neave Holdings Bhd (F&N) acquired Sri Nona Food Industries Sdn Bhd, Sri Nona Industries Sdn Bhd, and Lee Shun Hing Sauce Industries Sdn Bhd. This strategic move strengthens F&N’s presence in the oyster sauce market, expanding its market share and operational capacity in Southeast Asia. The acquisition aligns with F&N’s ambition to be a stable and sustainable F&B leader, adding renowned Malaysian household brands to its portfolio