The sake market was valued at US$ 9,290.16 million in 2019 and is projected to reach US$ 13,146.68 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.
Sake is a Japanese alcoholic beverage that is made from fermented rice and is referred to as a rice wine. Sake is generally brewed using polished sake mai rice, a mold known as Aspergillus oryzae, water, and yeast. Fine sakes are aged for more than a year and most of the variations have an alcohol by volume content of between 15% and 20%.
The sake market in North America is expected to grow at the highest CAGR during the forecast period. The growth of the sake market in this region is mainly attributed to the rising consumption of alcoholic beverages in North America. The growing demand for alcoholic beverages including sake, has been catered by the rise in the number of breweries and distilleries in the region. The rising demand for sake in North America has attracted the manufacturers to establish their presence in the region, which has further fueled the growth of the sake market in North America. The presence of established companies such as Takara Sake USA Inc., Gekkeikan Sake, and Ozeki Sake are providing growth opportunities for the sake market in North America.
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Sake Market: Strategic Insights
Market Size Value in US$ 9,290.16 Million in 2019 Market Size Value by US$ 13,146.68 Million by 2027 Growth rate CAGR of 4.7% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Sake Market: Strategic Insights
| Market Size Value in | US$ 9,290.16 Million in 2019 |
| Market Size Value by | US$ 13,146.68 Million by 2027 |
| Growth rate | CAGR of 4.7% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Impact of COVID-19 Pandemic on Sake Market
The COVID-19 outbreak adversely affects economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food and beverages are among the significant industries suffering from severe disruptions such as restrictions on the supply chain and shutdown of production plants. The shutdown of different plants and factories in various countries disrupts the global supply chains and negatively impacts the manufacturing activities, delivery schedules, and multiple goods sales. The COVID pandemic initially disrupted the demand for alcohol due to the shutdown of restaurants, food service providers, liquor shops, hotels, and bars which had a negative impact on the sake market. The shutdown of the local shops and pubs has generated opportunities for the online service providers which has steadied the demand for alcoholic beverages in the period of pandemic which has had a positive impact on the sake market. Thus, initially COVID 19 had a negative impact on the sake market but slowly and steadily as the demand for alcohol increased, leading to an increased demand for sake.
Market Insights
Increase in Export of Sake
The decrease in demand of sake in Japan as well as in Asia Pacific countries has led to an increase in export of sake. Due to the high consumption of alcohol along with a high inclination of people towards traditional styled drinks in the US has led to an increase in export of sake to the US. The increasing growth in the number of Japanese restaurants across region such as Europe, North America has led to an increase in demand for sake. The high appreciation as well as a rising trend of pairing cuisine varieties with sake is leading to an increase in export of sake to various countries.
Product Type Insights
Based on product type, the sake market is bifurcated into Ordinary Sake, Junmai, Honjozo, Junmai Ginjo, Ginjo, and Junmai Daiginjo. The ordinary sake segment accounted for the largest share of the market in 2019; whereas, the Junmai sake segment is expected to register the highest CAGR during 2020–2027. Ordinary sake is also called Futsū-shu which is an equivalent of a table wine and also accounts for the majority of the sake produced. According to Takara Sake, ordinary sake comprises of approximately two-thirds of the worldwide sake production having a mild tase and body with a subdued sweet palate and little-to-no acidity. The rice that is used to make the ordinary sake is most polished to 70% and may or may not contain added brewer’s alcohol.
Range Insights
Based on range, the sake market is segmented into premium, medium, and low. The low segment accounted for the largest share in market in 2019, and the premium segment is expected to register the fastest CAGR during 2020–2027. The low-price range segment of sake is brewed for obtaining maximum yield and value as well as using cheaper rice grade which are mostly polished under 30%. Most of the sake that is produced lies under the low range segment.
A few players operating in the sake market are Aramasa Co, Ltd.; Asahishuzo CO., Ltd.; Blue Current Brewery; Gekkeikan Sake Co., Ltd; Hakutsuru Sake Brewing Co., Ltd; Kanpai London; Craft Sake; Ozeki Corporation; Sun Masamune Pty Limited; Takara Sake USA Inc.; Tatsuuma-Honke Brewing Co. Ltd. among many others. The key companies implement the mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.
Sake Market Report Scope
Report Spotlights
- Progressive industry trends in the global sake market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global sake market from 2017 to 2027
- Estimation of global sake demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario and global sake demand
- Market trends and outlook as well as factors driving and restraining the growth of the global sake market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the market growth.
- Global sake market size at various nodes of market
- Detailed overview and segmentation of the global sake market, as well as its industry dynamics
- Global sake market size in various regions with promising growth opportunities
Sake Market- by Product Type
- Ordinary Sake
- Junmai
- Honjozo
- Junmai Ginjo
- Ginjo
- Junmai Daiginjo
Sake Market- by Range
- Premium
- Medium
- Low
Company Profiles
- Aramasa Co, Ltd.;
- Asahishuzo CO., Ltd.
- Blue Current Brewery
- Gekkeikan Sake Co., Ltd
- Hakutsuru Sake Brewing Co., Ltd
- Kanpai London Craft Sake
- Ozeki Corporation
- Sun Masamune Pty Limited
- Takara Sake USA Inc.
- Tatsuuma-Honke Brewing Co. Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type ; and Range
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Israel, Italy, Japan, Mexico, Nigeria, Russian Federation, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Sake Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Sake Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Export of Sake
5.1.2 Various Health Benefits Offered by Sake
5.2 Key Market Restraints
5.2.1 Side Effects Associated With Excess Sake Consumption
5.3 Key Market Opportunities:
5.3.1 Development of Sake Infused Products
5.4 Key Trends:
5.4.1 Rise in Demand for Organic and Craft Sake
5.5 Impact Analysis
6. Sake – Global Market Analysis
6.1 Sake Market Overview
6.2 Sake Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players
7. Sake Market Analysis – By Type
7.1 Overview
7.2 Sake Market, By Type (2019 and 2027)
7.3 Ordinary Sake
7.3.1 Overview
7.3.1.1 Ordinary Sake: Sake Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Junmai
7.4.1 Overview
7.4.1.1 Junmai: Sake Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Honjozo
7.5.1 Overview
7.5.1.1 Honjozo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Ginjo
7.6.1 Overview
7.6.1.1 Ginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Junmai Ginjo
7.7.1 Overview
7.7.1.1 Junmai Ginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
7.8 Junmai Daiginjo
7.8.1 Overview
7.8.1.1 Junmai Daiginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
8. Sake Market Analysis – By Range
8.1 Overview
8.2 Sake Market, By Range (2019 and 2027)
8.3 Premium
8.3.1 Overview
8.3.1.1 Premium: Sake Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Medium
8.4.1 Overview
8.4.1.1 Medium: Sake Market – Revenue and Forecast to 2027 (US$ Million)
8.5 Low
8.5.1 Overview
8.5.1.1 Low: Sake Market – Revenue and Forecast to 2027 (US$ Million)
9. Sake Market – Geographic Analysis
9.1 Overview
9.2 North America: Sake Market
9.2.1 North America: Sake Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Sake Market, by Range
9.2.3 North America: Sake Market, by Type
9.2.4 North America: Sake Market, by Key Country
9.2.4.1 US: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Sake Market, by Range
9.2.4.1.2 US: Sake Market, by Type
9.2.4.2 Canada: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Sake Market, by Range
9.2.4.2.2 Canada: Sake Market, by Type
9.2.4.3 Mexico: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Sake Market, by Range
9.2.4.3.2 Mexico: Sake Market, by Type
9.3 Europe: Sake Market
9.3.1 Europe: Sake Market – Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Sake Market, by Range
9.3.3 Europe: Sake Market, by Type
9.3.4 Europe: Sake Market, by Key Country
9.3.4.1 Germany: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Sake Market, by Range
9.3.4.1.2 Germany: Sake Market, by Type
9.3.4.2 France: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Sake Market, by Range
9.3.4.2.2 France: Sake Market, by Type
9.3.4.3 Italy: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Sake Market, by Range
9.3.4.3.2 Italy: Sake Market, by Type
9.3.4.4 UK: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Sake Market, by Range
9.3.4.4.2 UK: Sake Market, by Type
9.3.4.5 Russia: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Sake Market, by Range
9.3.4.5.2 Russia: Sake Market, by Type
9.3.4.6 Rest of Europe: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Sake Market, by Range
9.3.4.6.2 Rest of Europe: Sake Market, by Type
9.4 APAC: Sake Market
9.4.1 APAC: Sake Market – Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: Sake Market, by Type
9.4.3 APAC: Sake Market, by Range
9.4.4 APAC: Sake Market, by Key Country
9.4.4.1 Australia: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Sake Market, by Type
9.4.4.1.2 Australia: Sake Market, by Range
9.4.4.2 China: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Sake Market, by Type
9.4.4.2.2 China: Sake Market, by Range
9.4.4.3 India: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Sake Market, by Type
9.4.4.3.2 India: Sake Market, by Range
9.4.4.4 Japan: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Sake Market, by Type
9.4.4.4.2 Japan: Sake Market, by Range
9.4.4.5 South Korea: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Sake Market, by Type
9.4.4.5.2 South Korea: Sake Market, by Range
9.4.4.6 Rest of APAC: Sake Market –Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Sake Market, by Type
9.4.4.6.2 Rest of APAC: Sake Market, by Range
9.5 Middle East and Africa: Sake Market
9.5.1 Middle East and Africa: Sake Market –Revenue, and Forecast to 2027 (US$ Million)
9.5.2 Middle East and Africa: Sake Market, by Type
9.5.3 Middle East and Africa: Sake Market, by Range
9.5.4 Middle East and Africa: Sake Market, by Key Country
9.5.4.1 South Africa: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.4.1.1 South Africa: Sake Market, by Type
9.5.4.1.2 South Africa: Sake Market, by Range
9.5.4.2 Israel: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.4.2.1 Israel: Sake Market, by Type
9.5.4.2.2 Israel: Sake Market, by Range
9.5.4.3 Nigeria: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.4.3.1 Nigeria: Sake Market, by Type
9.5.4.3.2 Nigeria: Sake Market, by Range
9.5.4.4 U.A.E: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.4.4.1 U.A.E: Sake Market, by Type
9.5.4.4.2 U.A.E: Sake Market, by Range
9.5.4.5 Rest of Middle East and Africa: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.5.4.5.1 Rest of MEA: Sake Market, by Type
9.5.4.5.2 Rest of MEA: Sake Market, by Range
9.6 South America: Sake Market
9.6.1 South America: Sake Market –Revenue, and Forecast to 2027 (US$ Million)
9.6.2 South America: Sake Market, by Type
9.6.3 South America: Sake Market, by Range
9.6.4 South America: Sake Market, by Key Country
9.6.4.1 Brazil: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Sake Market, by Type
9.6.4.1.2 Brazil: Sake Market, by Range
9.6.4.2 Argentina: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Sake Market, by Type
9.6.4.2.2 Argentina: Sake Market, by Range
9.6.4.3 Rest of South America : Sake Market – Revenue, and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of South America: Sake Market, by Type
9.6.4.3.2 Rest of South America: Sake Market, by Range
10. Impact of COVID-19 Pandemic on Global Sake Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Asahishuzo CO., Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Blue Current Brewery
11.2.1 Key Facts
11.2.2 Business Description
11.2.2.1 Products and Services
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.3 Gekkeikan Sake Co., Ltd
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products And Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.4 Aramasa Co, Ltd.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.5 HAKUTSURU SAKE BREWING CO., LTD.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products And Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.6 KANPAI LONDON CRAFT SAKE
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products And Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.7 Ozeki Corporation
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products And Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.8 Sun Masamune Pty Limited
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products And Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.9 Takara Sake USA Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products And Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Tatsuuma-Honke Brewing Co. Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products And Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Sake Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 3. North America Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 4. US Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 5. US Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 6. Canada Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 7. Canada Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 8. Mexico Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 9. Mexico Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 10. Europe Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 11. Europe Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 12. Germany Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 13. Germany Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 14. France Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 15. France Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 16. Italy Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 17. Italy Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 18. UK Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 19. UK Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 20. Russia Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 21. Russia Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 22. Rest of Europe Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 23. Rest of Europe Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 24. APAC Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 25. APAC Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 26. Australia Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 27. Australia Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 28. China Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 29. China Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 30. India Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 31. India Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 32. Japan Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 33. Japan Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 34. South Korea Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 35. South Korea Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 36. Rest of APAC Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 37. Rest of APAC Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 38. MEA Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 39. MEA Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 40. South Africa Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 41. South Africa Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 42. Israel Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 43. Israel Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 44. Nigeria Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 45. Nigeria Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 46. UAE Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 47. UAE Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 48. Rest of MEA Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 49. Rest of MEA Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 50. SAM Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 51. SAM Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 52. Brazil Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 53. Brazil Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 54. Argentina Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 55. Argentina Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 56. Rest of SAM Sake Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 57. Rest of SAM Sake Market, by Range – Revenue and Forecast to 2027 (USD Million)
Table 58. Glossary of Terms, Sake Market
LIST OF FIGURES
Figure 1. Sake Market Segmentation
Figure 2. Sake Market Segmentation – By Geography
Figure 3. Global Sake Market Overview
Figure 4. Low Segment Held Largest Share of Global Sake Market
Figure 5. North America Region Held Largest Share of Global Sake Market
Figure 6. Global Sake Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Impact Analysis of Drivers And Restraints
Figure 14. Geographic Overview of Sake Market
Figure 15. Global: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Sake Market Revenue Share, By Type (2019 and 2027)
Figure 17. Ordinary Sake: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Junmai: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Honjozo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Ginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Junmai Ginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Junmai Daiginjo: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Sake Market Revenue Share, by Range (2019 and 2027)
Figure 24. Premium: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Medium: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Low: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Global Sake Market Revenue Share, by Region (2019 and 2027)
Figure 28. North America: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. North America: Sake Market Revenue Share, by Range (2019 and 2027)
Figure 30. North America: Sake Market Revenue Share, by Type (2019 and 2027)
Figure 31. North America: Sake Market Revenue Share, by Key Country (2019 and 2027)
Figure 32. US: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 33. Canada: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 34. Mexico: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 35. Europe: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Europe: Sake Market Revenue Share, by Range (2019 and 2027)
Figure 37. Europe: Sake Market Revenue Share, by Type (2019 and 2027)
Figure 38. Europe: Sake Market Revenue Share, by Key Country (2019 and 2027)
Figure 39. Germany: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. France: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 41. Italy: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 42. UK: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 43. Russia: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 44. Rest of Europe: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 45. APAC: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 46. APAC: Sake Market Revenue Share, by Type (2019 and 2027)
Figure 47. APAC: Sake Market Revenue Share, by Range (2019 and 2027)
Figure 48. APAC: Sake Market Revenue Share, by Key Country (2019 and 2027)
Figure 49. Australia: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 50. China: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 51. India: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 52. Japan: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 53. South Korea: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 54. Rest of APAC: Sake Market –Revenue and Forecast to 2027 (US$ Million)
Figure 55. Middle East and Africa: Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 56. Middle East and Africa: Sake Market Revenue Share, by Type (2019 and 2027)
Figure 57. Middle East and Africa: Sake Market Revenue Share, by Range (2019 and 2027)
Figure 58. Middle East and Africa: Sake Market Revenue Share, by Key Country (2019 and 2027)
Figure 59. South Africa: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 60. Israel: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 61. Nigeria: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 62. U.A.E: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 63. Rest of Middle East and Africa: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 64. South America : Sake Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. South America : Sake Market Revenue Share, by Type (2019 and 2027)
Figure 66. South America: Sake Market Revenue Share, by Sales Channels (2019 and 2027)
Figure 67. South America: Sake Market Revenue Share, by Key Country (2019 and 2027)
Figure 68. Brazil: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 69. Argentina: Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 70. Rest of South America : Sake Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 71. Impact of COVID-19 Pandemic in North American Country Markets
Figure 72. Impact of COVID-19 Pandemic In Europe Country Markets
Figure 73. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 74. Impact of COVID-19 Pandemic in Middle East And Africa Country Markets
Figure 75. Impact of COVID-19 Pandemic In South America Country Markets
The List of Companies - Sake Market
- BLUE CURRENT BREWERY
- GEKKEIKAN SAKE CO., LTD
- ARAMASA CO, LTD.
- HAKUTSURU SAKE BREWING CO., LTD.
- SUN MASAMUNE PTY LIMITED
- TATSUUMA-HONKE BREWING CO. LTD.
- ASAHISHUZO CO., LTD.
- TAKARA SAKE USA INC.
- KANPAI LONDON CRAFT SAKE
- OZEKI CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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