Sake Market Perspective: Size, Share, and Trend Analysis of USD 10.7 Billion (2024-2031) | Asahi Group Holdings Ltd., Takara Holdings Inc., Ozeki Corporation, SUNTORY HOLDINGS LIMITED

Sake Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Sake Market which was USD 7.4 Million in 2021 is expected to reach USD 10.7 Billion by 2029 and is expected to undergo a CAGR of 4.80% during the forecast period of 2021 to 2029. Sake Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Sake Market Segmentation Analysis
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., copyright, 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

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Which are the top companies operating in the Sake Market?

The "Global Sake Market "study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Sake Market extension. This Sake Market report provides the information of the Top 10 Companies in Sake Market in the market their business strategy, financial situation etc.

**Segments**

- By Type: Junmai, Honjozo, Junmai Ginjo, Junmai Daiginjo, Others
- By Distribution Channel: Online Retail, Offline Retail
- By Region: Asia-Pacific, North America, Europe, South America, Middle East and Africa

In 2020, the global sake market was dominated by the Junmai type segment due to its traditional brewing method and high-quality taste. The Junmai Ginjo and Junmai Daiginjo segments also witnessed significant growth, driven by the increasing popularity of premium sake varieties. In terms of distribution channels, offline retail held a major share in the market, mainly due to the strong presence of specialty liquor stores and supermarkets. The Asia-Pacific region emerged as the largest market for sake in 2020, with Japan being the key contributor to the market's growth.

By 2028, the market is expected to witness a notable surge in demand for Junmai Daiginjo and specialty sake variants as consumers increasingly seek unique and premium alcoholic beverages. The online retail segment is projected to gain traction, driven by the growing trend of e-commerce platforms for purchasing alcoholic beverages. Additionally, regions like North America and Europe are forecasted to experience substantial growth in the sake market, fueled by the rising awareness and appreciation for Japanese culture and cuisine.

**Market Players**

- Asahi Group Holdings Ltd.
- Takara Holdings Inc.
- Ozeki Corporation
- SUNTORY HOLDINGS LIMITED
- Gekkeikan Sake Co., Ltd.
- Hakutsuru Sake Brewing Co., Ltd.
- DASSAI/SAGA SAKE BREWERY INC.
- KIKUSUI SAKE CO., LTD.
- Hakkaisan Brewery Co., Ltd.
- TY KU Sake & Spirits

These market players are actively involved in product innovation, strategic partnerships, and expansion initiatives to strengthen their market position and meet the evolving consumer preferences in the sake industry. With the increasing competition and demand for premium sakeThe global sake market is witnessing a significant transformation with a shift towards premium varieties such as Junmai Daiginjo and specialty sake variants. Consumers are increasingly looking for unique and high-quality alcoholic beverages, driving the demand for these premium options. The traditional Junmai type segment continues to dominate the market, known for its authentic brewing method and rich taste. However, the Junmai Ginjo and Junmai Daiginjo segments are gaining momentum, appealing to consumers seeking a more refined and premium sake experience.

In terms of distribution channels, offline retail has traditionally been a key player in the sake market due to the presence of specialty liquor stores and supermarkets that offer a wide range of sake products. However, with the rise of e-commerce platforms and online retail channels, the market is witnessing a shift towards online purchasing trends. The convenience and accessibility of online shopping platforms are attracting consumers looking to explore different sake varieties without the need to visit physical stores.

The regional landscape of the sake market is also evolving, with significant growth opportunities in regions like North America and Europe. The increasing awareness and appreciation for Japanese culture and cuisine in these regions are driving the demand for sake products. Consumers are not only exploring traditional sake varieties but also showing interest in innovative and premium offerings from leading market players.

Market players in the sake industry are focusing on product innovation, strategic partnerships, and expansion initiatives to stay competitive in the market. Companies like Asahi Group Holdings Ltd., Takara Holdings Inc., and SUNTORY HOLDINGS LIMITED are investing in new product development to cater to changing consumer preferences and demand for premium sake options. Collaborations with restaurants, bars, and retailers are also playing a crucial role in expanding the reach of sake products and enhancing brand visibility.

Overall, the global sake market is poised for growth and innovation, driven by the increasing demand for premium varieties, the rise of online retail channels, and the growing popularity of Japanese culture worldwide. Market players are adapting to these trends by introducing new offerings, forging strategic partnerships, and expanding their**Market Players**

- DeSter
- 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.
- Sun Masamune Pty Limited

The global sake market is currently experiencing a shift towards premium varieties such as Junmai Daiginjo and specialty sake options, driven by consumer preference for unique and high-quality alcoholic beverages. While the traditional Junmai type continues to maintain its dominance in the market, the Junmai Ginjo and Junmai Daiginjo segments are gaining popularity among consumers seeking a more refined and premium sake experience. Market players are actively engaged in product innovation, strategic partnerships, and expansion initiatives to meet the evolving demands of consumers and enhance their market position.

In terms of distribution channels, offline retail has traditionally been a significant player in the sake market, benefiting from the presence of specialty liquor stores and supermarkets that offer a diverse range of sake products. However, the

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