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Europe Sake Market Size, Share, Growth, Forecast: By Type: Futsu-shu, Junmai, Ginjo, Others; By Age Group: 20-40 Years Old, 40-60 Years Old, Above 60 Years Old; By Sales Channel: Supermarkets and Hypermarkets, Speciality Stores, Online, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Europe Sake Market Outlook
The Europe sake market attained a volume of nearly 1443 kilo litre in 2022. The market is projected to grow at a CAGR of 5.50% between 2023 and 2028 to reach a volume of around 1995 kilo litre by 2028.
Key Trends in the Market
Sake, also known as Japanese rice wine, refers to an alcoholic beverage which has alcohol composition of around 13-17%. The drink has a mild to sweet taste, with low acidity, bitterness, or astringency. It is generally made up of four ingredients, which are water, yeast, rice, and koji (rice mould).
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- The Europe sake market is being aided by the increasing recognition of sake among sommeliers, consumers, wine specialists, and restaurateurs due to competitions such as the Kura Master competition in countries like the UK and France. Moreover, a surge in the expansion of Japanese restaurants and the growing popularity of blended sake in European countries with high wine consumption are propelling the market.
- The popularity of wine in social drinking is also fuelling the sale of sake. It is a widely accepted drink popular for special occasions such as marriage, birthdays, or family get-togethers.
- Growing availability of different fruity variants of sake across supermarkets and hypermarkets and online channels is improving the market dynamics in the region.
- Rapid urban development, increasing disposable income across emerging economies, and growing demand for wine among the young European population are likely to provide impetus to the Europe sake market in the forecast period.
Market Analysis
Based on type, the market is segmented into Futsu-shu, Junmai, and Ginjo, among others. On the basis of age group, the market is classified into 20-40 years old, 40-60 years old, and above 60 years old. By sales channel, the market is divided into supermarkets and hypermarkets, speciality stores, and online, among others. Country-wise, the Europe market for sake is divided into Germany, the United Kingdom, France, Italy, and Norway, among others.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Europe sake market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- NØGNE Ø
- Les Larmes du Levant
- Wakaze Saké
- 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
Market Share by Type
The Ginjo segment, based on type accounts for a healthy share of the Europe sake market. The floral and fruity flavour of Ginjo sake make it a popular drinking option among Europeans. In addition, it possesses lower acidic content, boasts a refreshing sensation, and reduces the chances of getting a hangover as compared to its counterparts.
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Market Share by Country
Based on country, the United Kingdom accounts for a significant share of the Europe sake market. The growing popularity and availability of different types of sakes, such as Dassai sake, sparkling sake, yuzu, and plum sake, among others, is driving the market growth.
Additionally, the expansion of online platforms is enhancing consumer accessibility to sake-based beverages and products, including sake cup and bottle sets.
Competitive Landscape
NØGNE Ø is a brewery which is one of the largest suppliers of craft beer and sake in Europe. The company aims at producing high quality liquor with innovative ingredients. It was founded in 2002 and is headquartered in Agder, Norway.
Les Larmes du Levant is a company which produces and sells sharp, pulpy, and balanced sake. Headquartered in Pelussin, France, this company imports raw materials for making sake from Japan.
Wakaze Saké is a sake brewery which is known for producing crisp, clear refreshing, and high quality sake, using French rice. It was founded in 2016 and is headquartered in Fresnes, France.
Other market players include Dojima Sake Brewery, KANPAI, Tosatsuru Sake Brewing Co.,Ltd., The Kinoshita Brewery, Shiraiwa K.K, Sohomare Sake Brewery Co.,Ltd, and Asahi Shuzo Co., Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Age Group |
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| Breakup by Sales Channel |
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| Breakup by Country |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 (2018-2022)
8.2 Global Sake Market Forecast (2023-2028)
9 Europe Sake Market Overview
9.1 Europe Sake Historical Production (2018-2022)
9.2 Europe Sake Production Forecast (2023-2028)
9.3 Europe Sake Historical Consumption (2018-2022)
9.4 Europe Sake Consumption Forecast (2023-2028)
10 Europe Sake Market by Type
10.1 Futsu-shu
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Junmai
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Ginjo
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Others
11 Europe Sake Market by Age Group
11.1 20-40 Years Old
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 40-60 Years Old
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Above 60 Years Old
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Europe Sake Market by Sales Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Online
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Europe Sake Market by Country
13.1 Germany
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Kingdom
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 France
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Italy
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Norway
13.5.1 Historical Trend (2018-2022)
13.5.2 Forecast Trend (2023-2028)
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 NØGNE Ø
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 Saké
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 2028
2. Europe Sake Market: Key Industry Highlights, 2018 and 2028
3. Europe Sake Historical Market: Breakup by Type (Kilo Litres), 2018-2022
4. Europe Sake Market Forecast: Breakup by Type (Kilo Litres), 2023-2028
5. Europe Sake Historical Market: Breakup by Age Group (Kilo Litres), 2018-2022
6. Europe Sake Market Forecast: Breakup by Age Group (Kilo Litres), 2023-2028
7. Europe Sake Historical Market: Breakup by Sales Channel (Kilo Litres), 2018-2022
8. Europe Sake Market Forecast: Breakup by Sales Channel (Kilo Litres), 2023-2028
9. Europe Sake Historical Market: Breakup by Country (Kilo Litres), 2018-2022
10. Europe Sake Market Forecast: Breakup by Country (Kilo Litres), 2023-2028
11. Europe Sake Market Structure
Key Questions Answered in the Report
The market reached a volume of nearly 1443 kilo litre in 2022.
The market is estimated to grow at a CAGR of 5.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a volume of around 1995 kilo litre by 2028.
The popularity of sage in social drinking, the growing availability of different fruity variants of sakes across supermarkets and hypermarkets, and an increasing number of Japanese restaurants are the major drivers of the market.
The key trends in the market include the rising sales of sake through e-commerce channels and the increasing number of events related to sake competition across well-established economies such as the United Kingdom and France.
Futsu-shu, Junmai, and Ginjo, among others, are the different types of the product in the market.
Sake is a traditional wine of Japanese origin which is produced by fermenting rice and has a soothing taste.
NØGNE Ø, Les Larmes du Levant, Wakaze Saké, Dojima Sake Brewery, KANPAI, Tosatsuru Sake Brewing Co.,Ltd., The Kinoshita Brewery, Shiraiwa K.K, Sohomare Sake Brewery Co.,Ltd, and Asahi Shuzo Co., Ltd., among others, are the key Europe sake market players, according to the report.
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