According to a report from Future Market Insights, the global Miso market is projected to expand at a compound annual growth rate (CAGR) of 4.7% throughout the forecast period. Forecasts indicate that by 2032, the market is anticipated to reach a value of USD 107.4 billion, a significant increase from USD 67.8 billion recorded in 2022.
Miso, a traditional Japanese seasoning, is crafted by fermenting soybean, rice, barley, and Aspergillus oryzae fungus along with salt and other ingredients. It’s a versatile ingredient found in pickled vegetables, miso soup, sauces, spreads, and condiments.
Rich in protein, vitamins, and minerals, miso is highly favored by health-conscious individuals. While modern cuisine incorporates miso in savory, fruity, earthy, and sweet dishes, its characteristic saltiness remains prominent, influenced by its ingredients and fermentation process, which impart distinct flavors and aromas.
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The global miso market is growing due to increasing consumer preference for nutrient-rich foods and heightened health awareness. The market’s expansion is propelled by the rich protein, vitamin, and mineral content found in miso. Moreover, macroeconomic factors such as economic growth, evolving lifestyles, increasing disposable incomes, and rapid urbanization are also driving the global miso market forward.
Competitive landscape
To meet the increasing consumer demand and uphold their market leadership in the Miso industry, most companies are prioritizing innovation and launching new products.
Companies within the Miso market continually introduce novel ingredients to align with evolving consumer preferences and maximize market potential. They are also expanding their distribution networks to access new markets effectively.
Major Companies in the Miso Market
- iyasaka Jozo Co.
- Marukome
- Source Foods,
- Saikyo-Miso Co.
- Miyako Oriental Foods Inc.
- Hikari Miso Co. Ltd.
- The American Miso Company
- Yamato Soysauce & Miso Co.
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Global miso market segmentation by category
By Product type:
- Red miso
- White miso
- Mixed miso
By Raw Material:
- Soyabean
- Rice
- Barley
- Others
By End-User:
- Consumer
- Food services
By Distribution channel:
- Wholesale
- Retail
By Region:
- North America
- Latin America
- Asia Pacific
- Eastern Europe
- Western Europe
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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