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Report
Europe Sake Market Report and Forecast 2024-2032
Market Report I 2024-01-03 I 143 Pages I EMR Inc.
Europe Sake Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Europe sake market grew substantillly in 2023. Aided by the increasing popularity of Asian cuisine and a surge in sake tourism, the market is projected to further grow at a CAGR of 5.50% between 2024 and 2032.
Sake, a traditional Japanese alcohol made from fermented rice, is becoming increasingly popular in various European countries. Its unique flavour profile and versatility in pairings have made it a favoured addition in numerous culinary experiences, ranging from casual dining to upscale gastronomy. Besides its culinary applications, sake's health benefits, being low in cholesterol and gluten-free, make it an appealing choice for health-conscious consumers.
A significant driver of the Europe sake market growth is the escalating popularity of Asian cuisine, particularly Japanese food. As consumers become more adventurous and willing to try new flavours, the demand for authentic, traditional beverages like sake has seen a rise. Sake is often consumed with sushi, sashimi, and other Japanese dishes, enhancing the overall dining experience.
Simultaneously, the rise in sake tourism has significantly impacted the Europe sake market demand. European tourists visiting Japan often encounter sake during their travels and develop a taste for the beverage, increasing demand upon their return. Moreover, sake tasting events and workshops, held by Japanese restaurants, cultural centres, and dedicated sake bars, have become popular in cities like London, Paris, and Berlin, further propelling the market growth.
Additionally, the diversification of sake products plays a substantial role in stimulating the Europe sake market share. With different grades of sake - from the premium Junmai Daiginjo to the more accessible Futsu-shu - there are options to cater to a wide range of consumer preferences and budgets. Furthermore, innovative offerings like sparkling sake and flavoured sake are attracting a new demographic of consumers, particularly younger and female drinkers.
Furthermore, the market expansion is also buoyed by increased distribution channels. The availability of sake in supermarkets, liquor stores, online platforms, and direct-to-consumer services has made it more accessible to European consumers. In turn, this broadened availability has led to greater consumer exposure and higher sales, aiding the market growth.
Market Segmentation
The market can be divided based on type, age group, sales channel, and country.
Market Breakup by Type
- Futsu-shu
- Junmai
- Ginjo
- Others
Market Breakup by Age Group
- 20-40 Years Old
- 40-60 Years Old
- Above 60 Years Old
Market Breakup by Sales Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Online
- Others
Market Breakup by Country
- Germany
- United Kingdom
- France
- Italy
- Norway
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe sake market. Some of the major players explored in the report by Expert Market Research are as follows:
- NOGNE O
- Les Larmes du Levant
- Wakaze Sake
- Dojima Sake Brewery
- KANPAI
- Tosatsuru Sake Brewing Co.,Ltd.
- The Kinoshita Brewery
- Shiraiwa K.K
- Sohomare Sake Brewery Co.,Ltd
- Asahi Shuzo Co., Ltd.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Sake Market Overview
8.1 Global Sake Historical Market (2018-2023)
8.2 Global Sake Market Forecast (2024-2032)
9 Europe Sake Market Overview
9.1 Europe Sake Historical Production (2018-2023)
9.2 Europe Sake Production Forecast (2024-2032)
9.3 Europe Sake Historical Consumption (2018-2023)
9.4 Europe Sake Consumption Forecast (2024-2032)
10 Europe Sake Market by Type
10.1 Futsu-shu
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Junmai
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Ginjo
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 Europe Sake Market by Age Group
11.1 20-40 Years Old
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 40-60 Years Old
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Above 60 Years Old
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Europe Sake Market by Sales Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Europe Sake Market by Country
13.1 Germany
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Kingdom
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 France
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Italy
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Norway
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
14.5 Cost Breakdown
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 NOGNE O
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Les Larmes du Levant
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Wakaze Sake
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Dojima Sake Brewery
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 KANPAI
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Tosatsuru Sake Brewing Co.,Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 The Kinoshita Brewery
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Shiraiwa K.K
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Sohomare Sake Brewery Co.,Ltd
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Asahi Shuzo Co., Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sake Market: Key Industry Highlights, 2018 and 2032
2. Europe Sake Market: Key Industry Highlights, 2018 and 2032
3. Europe Sake Historical Market: Breakup by Type (Kilo Litres), 2018-2023
4. Europe Sake Market Forecast: Breakup by Type (Kilo Litres), 2024-2032
5. Europe Sake Historical Market: Breakup by Age Group (Kilo Litres), 2018-2023
6. Europe Sake Market Forecast: Breakup by Age Group (Kilo Litres), 2024-2032
7. Europe Sake Historical Market: Breakup by Sales Channel (Kilo Litres), 2018-2023
8. Europe Sake Market Forecast: Breakup by Sales Channel (Kilo Litres), 2024-2032
9. Europe Sake Historical Market: Breakup by Country (Kilo Litres), 2018-2023
10. Europe Sake Market Forecast: Breakup by Country (Kilo Litres), 2024-2032
11. Europe Sake Market Structure
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