Global Sake Market, By Type (Ordinary, Junmai, Honjozo, Ginjo, Junmai Ginjo, Others), Range (Low, Medium, Premium), Age (0-40 Years, 40-60 Years, Above 60 Years),Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Sake Market
Global Sake market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 7.4 billion in 2020 to USD 10.7 billion by 2028 growing at a CAGR of 4.8% in the above-mentioned forecast period.
Sake is a Japenese alcoholic beverage that is prepared from fermented rice and alcohol through brewing process. The rice is polished to remove the outer layers of cereal grain known as bran. It has anti-inflammatory properties and thus provides various health benefits.
The factors such as development of sake infused products, increasing demand for organic products across the globe is estimated to boost the growth of the market. Other significant factors which play significant role in driving the sake market are increasing health consciousness amongst the consumers, which increases demands for the healthy organic and plant based products and focus of various key players on development of varieties for improvement in taste and quality. The excessive consumption of sake or sake infused products is harmful for health and might restraint the growth of the market. The growing appreciation of Japanese food and culture across the globe might generate significant opportunities for overall growth of the market. The stringent regulatory landscape is a major challenge that might affect growth of the market within the forecast period.
This sake market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research sake market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sake market Scope and Market Size
Sake market is segmented on the basis of type, range and age. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the sake market is segregated into ordinary, junmai, honjozo, ginjo, junmai ginjo and others.
- On the basis of range, the sake market is segmented into low, medium and premium.
- Based on age, the sake market is classified 0-40 years, 40-60 years and above 60 years.
Sake Market Country Level Analysis
Sake market is analyzed and market size insights and trends are provided by type, range and age as referenced above.
The countries covered in the sake market report U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is the most dominating region in the market as it has high consumption rate resulting in growth of the sake market. On the other hand, Europe is emerging as a lucrative market over the forecast period of 2021 to 2028 due to the increase in demand for the market over the forecast period.
The country section of the sake market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Sake Market Share Analysis
Sake market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth and application dominance. The above data points provided are only related to the companies’ focus related to sake market.
The major players covered in the Sake market market report areDeSter., Urakasumi Sake Brewery Saura Co.Ltd., Carotrans Oceania Pty Ltd.,
Tengu Sake Ltd., HNadvice SPRL., AsahiShuzo Co Ltd., Hakkaisan, KOKURYU, SUDOHONKE CO. LTD., Gekkeikan Sake Inc, Ozeki Sake Inc, YAEGAKI Sake & Spirits, Inc , OTOKOYAMA CO. LTD., SakeOne, Aramasa Co. Ltd, Blue Current Brewery, Tatsuuma-Honke Brewing Co. Ltd., OTOKOYAMA CO. LTD., and Sun Masamune Pty Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.