Sake Market on the Rise: Global Demand & Growth Trends (2024-2031) | Latest Companies like Hakutsuru Sake Brewing Co., Ltd., Ozeki Sake, KANPAI London Craft Sake, Aramasa Shuzo Co., Sun Masamune Pty Limited

The Global Sake Market reached USD 9.1 billion in 2022 and is expected to reach USD 12.9 billion by 2030 and is expected to grow with a CAGR of 4.5% during the forecast period 2024-2031.

Sake Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Sake is a traditional Japanese alcoholic beverage made from fermented rice, water, yeast, and koji mold. Known for its smooth and umami-rich flavor, sake varies in sweetness and acidity, enjoyed warm or chilled, and is integral to Japanese culture and cuisine.

List of the Key Players in the Sake Market:

Hakutsuru Sake Brewing Co., Ltd., Ozeki Sake, KANPAI London Craft Sake, Aramasa Shuzo Co., Sun Masamune Pty Limited, Takara Holdings Inc., Blue Current Brewery, Asahishuzo CO., Ltd., Tatsuuma-Honke Brewing Co. Ltd., and Gekkeikan Sake Co., Ltd

Industry Development:

In April 2023, SOTO premium sake launched the first release of its limited-edition series, SOTO X YAMAGATA MASAMUNE Omachi Kimoto Junmai Daiginjo, celebrating top "Grand Cru" breweries worldwide.
In May 2023, 'Sake Meguri 2023' debuted in Singapore, offering enthusiasts the chance to taste over 200 premium sake brands and learn about their history.
In June 2023, Sake Sling introduced sake-based RTD cocktails in the UK, bringing innovation to the Ready-To-Drink market.

Growth Forecast Projected:

The Global Sake Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Sake Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Sake Market:

By Type: Ordinary Sake, Junmai, Honjozo, Junmai Ginjo, Ginjo, Junmain Daiginjo

By Age Group: 20-40 Years Old, 20-40 Years Old, Above 60 Years Old

Regional Analysis for Sake Market:

The regional analysis of the Sake Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Sake market?

➠ Who are the leading manufacturers in the global Sake industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Sake industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Sake market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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