- In April 2023, the Japan Sake and Shochu Makers Association reported that sake exports hit a record high of 47.5 billion yen (approximately USD 436 million) in 2022. This marks an 18% increase from 2021 and a remarkable 452% rise from 2013, reflecting the growing global demand for sake
- In February 2023, Japan’s National Tax Agency announced that sake production reached 703,000 kiloliters in 2023, slightly up from 698,000 kiloliters in 2022. This suggests a potential stabilization in domestic production after years of decline
- In March 2021, Kyoto-based sake breweries launched a project to develop new sake varieties using unconventional yeasts. This initiative seeks to create innovative flavor profiles and cater to evolving consumer tastes in the global market
- In December 2020, the U.S. Food and Drug Administration (FDA) approved the use of Aspergillus oryzae, a koji mold essential for sake brewing, in production outside Japan. This regulatory change could lead to increased sake production and greater availability in the U.S
- In May 2021, Philip Morris International acquired Danish-based Sake manufacturer AG Sake Aktieselskab, along with its portfolio of Sake brands. This acquisition provided AG Sake with a significant opportunity to enhance its long-term growth under the umbrella of Philip Morris International
