Mirin Market Size, Share, Trends, Industry Analysis Report: By Type (Aji-mirin and Hon-mirin), By Application (Residential and Commercial), By Distribution Channel, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Afric

Mirin Market Size, Share, Trends, Industry Analysis Report: By Type (Aji-mirin and Hon-mirin), By Application (Residential and Commercial), By Distribution Channel, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032

The global mirin market size is expected to reach USD 425.03 million by 2032, according to a new study by Polaris Market Research. The report “Global Mirin Market Size, Share, Trends, Industry Analysis Report: By Type (Aji-mirin and Hon-mirin), By Application (Residential and Commercial), By Distribution Channel, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The global mirin market is experiencing notable growth owing to the increasing consumer interest in authentic Japanese cuisines and a rising preference for versatile cooking ingredients. Key drivers include the growing popularity of Asian culinary traditions, the expansion of Japanese restaurants and food products worldwide, and emerging home cooking and gourmet food trends. Additionally, the shift in preference of health-conscious consumers toward natural and less processed ingredients has propelled the demand for mirin, a naturally fermented rice wine.

Trends shaping the mirin market include innovations in mirin production, such as low-sugar and premium variants, and the expansion of distribution channels, including online grocery platforms and specialty stores.

The competitive landscape of the global mirin market is characterized by a mix of traditional producers and emerging players focusing on premium and specialty products. Established companies such as Kikkoman and Mizkan leverage their extensive distribution networks and brand reputation to maintain market dominance.

Mirin Market Report Highlights:

• Aji-mirin, often referred to as ""fake"" or ""sweetened"" mirin, is the dominating segment due to its widespread availability, affordability, and suitability for a variety of culinary applications.
• By application, the commercial segment dominates the global mirin market.
• Based on distribution channel, the supermarkets & hypermarkets segment dominates the global mirin market. These retail formats offer a broad selection of food products, including mirin, making them a primary shopping destination for consumers seeking convenience and variety.
• Asia Pacific dominates the global market, primarily due to its cultural affinity for Japanese cuisine and the high consumption rates of mirin in countries such as Japan, China, and South Korea.
• The major players in the market include Kikkoman Corporation, Mizkan Holdings, Yamasa Corporation, Takara Shuzo Co., Ltd., Ohsawa Japan, Marukin Shoyu Co., Ltd., Suzuya Co., Ltd., Shoda Shoyu Co., Ltd., Maruzen Showa Co., Ltd., Shinkichi Kogyo Co., Ltd., Lee Kum Kee, Aji-No-Moto Co., Ltd., Nakano Vinegar Co., Ltd., Sun Noodles, Inc., San-J International, Inc.

Polaris Market Research has segmented mirin market report on the basis of type, application, distribution channel, and region

Mirin– Type-Based Outlook (Revenue – USD Billion, 2019–2032)

• Aji-mirin
• Hon-mirin

Mirin– Application-Based Outlook (Revenue – USD Billion, 2019–2032)

• Residential
• Commercial

Mirin– Distribution Channel-Based Outlook (Revenue – USD Billion, 2019–2032)

• Supermarkets & Hypermarkets
• Convenience Stores
• Online

Mirin– Regional Outlook (Revenue – USD Billion, 2019–2032)

• North America

US

Canada

• Europe

Germany

France

UK

Italy

Spain

Netherlands

Russia

Rest of Europe

• Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

• Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

• Latin America

Mexico

Brazil

Argentina

Rest of Latin America