Global Rice Wine Market 2024-2028
The rice wine market is forecasted to grow by USD 3.00 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the rice wine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of online sales channels, rising disposable income of consumers, and growing awareness of health benefits of rice wine.
Technavio's rice wine market is segmented as below:
By Type
- Sake wine
- Makgeolli wine
- Others
By Distribution Channel
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the growing popularity of rice wine in cocktails and cuisines as one of the prime reasons driving the rice wine market growth during the next few years. Also, growing demand for gluten-free and low-alcohol beverages and rising popularity of craft breweries and microbreweries will lead to sizable demand in the market.
The report on the rice wine market covers the following areas:
- Rice wine market sizing
- Rice wine market forecast
- Rice wine market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rice wine market vendors that include Asahi Shuzo Co. Ltd., DEWAZAKURA SAKE BREWERY CORP., Forbul Co. Ltd. , Gekkeikan Sake Co. Ltd., HAKKAISAN CO. LTD., Hana Makgeolli, KOKURYU SAKE BREWING CORP., Kooksoondang Brewery Co. Ltd. , Kuaijishan Shaoxing Wine Co. Ltd., Lotte Chilsung Beverage Co. Ltd., Luzhou Laojiao, Otokoyama Co. Ltd., Ozeki Sake Inc., SakeOne, Shaanxi Xifeng Wine Co. Ltd., SUDOHONKE CO. LTD., Takagi Sake Brewery Co. Ltd., Takara Holdings Inc., YAEGAKI Corporation of USA, and Zhejiang Guyue Longshan Shaoxing Wine Co. Ltd.. Also, the rice wine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.