Sake Market Size

1

• The global sake market is likely to derive growth
  form the increasing number of export activities
  for the product across the world. According to a
  report published by Fortune Business Insights,
  titled Sake Market Size, Share Industry
  Analysis, By Type (Ordinary Sake, Junmai,
  Honjozo, Junmai Ginjo, Ginjo, and Junmai
  Daiginjo), Age Group (20-40 Years Old, 40-60
  Years Old, and Above 60 Years Old), and Regional
  Forecast, 2019 2026, the USD 7.35 Billion in
  2018 and is projected to reach USD 10.47 Billion
  by 2026, exhibiting a CAGR of 4.84 in the
  forecast period.
• Browse Complete Report
• https//www.fortunebusinessinsights.com/industry-r
  eports/sake-market-101545
• Some of the leading companies that are operating
  in the global sake market are
• Takara Holdings Inc.
• Ozeki Sake
• Asahishuzo CO., Ltd.
• Tatsuuma-Honke Brewing Co. Ltd.
• Gekkeikan Sake Co., Ltd
• Hakutsuru Sake Brewing Co., Ltd.
• Sun Masamune Pty Limited
• KANPAI London Craft Sake
• Blue Current Brewery
• Aramasa Shuzo Co.
• Sake is a Japanese alcoholic beverage that is
  developed through fermentation of rice for a
  long time. The starches in the drink are firstly
  converted into a sugar, which later turns into
  alcohol. The drink contains a moderate percentage
  of alcohol and is consumed mostly for relaxation
  and other purposes. The global demand for sake is
  increasing by the years. The popularity gained
  by this drink has resulted from a variety of
  factors such as the taste, product variations,
  and content of the beverage.
• The product which was already popularity in
  Japan, is witnessing a huge demand from around
  the world. The demand for sake and excellent
  trading activities associated with beverages
  across the world, will contribute to a high
  adoption of the product in the coming years.
• The report provides a detailed analysis of the
  global sake market. It includes insights into the
  latest industry trends and products that are
  currently witnessing the highest adoption.
  Several varieties of products are studied
  closely and the product that have witnessed the
  highest demand has been labelled on a regional
  basis. In addition to the leading product types,
  the report segments the global sake market based
  on age group and regional demographics.
• Get Sample PDF

2
Although sake is manufactured in Japan, the
popularity of the drink has gown down in recent
years. Resulting from the decreasing adoption,
Asia Pacific will witness a declining trend in
the sake growth rate. The export of sake to
several countries across North America will
contribute to the demand for the product in this
region. Additionally, informative programs aimed
at marketing the product in the US will
constitute to an increase in the sake market
size in North America. Fortune Business Insights
states that the sake market in U.S. was valued
at USD 495.49 Million in 2018. The increasing
demand and popularity for sake will lead to an
increase in the North America sake market value
in the coming years. Increasing Sake Exports
Will Influence Sake Market Growth The high demand
for sake from several countries across the world
will lead to an increase in the global sake
market growth rate in the coming years. With the
declining trend for the sake market in Asia
Pacific, the companies operating in that region
have shifted their focus on promoting the drink
in other parts of the world. In some Asian
countries, Europe, and North America where
Japanese food is highly appreciated and dining
out at Japanese food joints and restaurants is a
part of regular life, there is an immense scope
of expansion for the sake market. Activities such
as promotional programs, events, and other
activities have all contributed to sake market
growth. As a result of high product demand,
there is an increase in the number of export
activities for the product across several
countries.