Los Angeles, CA -- (SBWire) -- 12/02/2019 --The global Japanese sake market is predicted to increase its growth with continuous launch of new varieties of products that help manufacturers to not only attract native Japanese but also Western customers. Manufacturers are expected to launch new products and focus on innovation in terms of taste, quality, and other deciding factors to expand their business in the global Japanese sake market. In October 2019, Takara Sake USA, a part of Japanese corporation of alcohol-related business and biotechnology Takara Group, announced about an exclusive tasting event to unveil one of its premium aged sakes. In August 2019, the company announced about a tasting event to promote its ShoChikuBai Junmai Nama Genshu sake.
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Global Market to Gain from High Demand for Traditional and Unique Alcoholic Drinks
Increasing curiosity among people to try ancient and traditional beverages is expected to positively impact the global demand for Japanese sake. Growing interest of alcohol drinkers to explore unique beverages or those other than the regular ones sold in their country could create sales opportunities for Japanese sake manufacturers. However, product recalls could restrict the growth of the global Japanese sake market.
Players to Update Product Lines and Partner with Food Producers to Increase Growth
The report offers comprehensive profiling of leading manufacturers of Japanese sake, including Dassai, SakéOne, Juyondai, Otokoyama, Kubota, Yaegaki, Hakkaisan, Ozeki, Kokuryu, Sudo Honke, Gekkeikan, and Takara. Manufacturers are commonly observed to host musical or other art-related and tasting events to promote their new or recent introduced Japanese sake products. In May 2019, Takara Sake USA announced about its June 2019 concert Evening of Jazz and Sake at Takara Sake Tasting Room.
Market Segments
By Product Type
? Ordinary Sake
? Junmai
? Honjozo
? Junmai Ginjo
? Ginjo
By End User
? 20-40 Years Old
? 40-60 Years Old
? Above 60 Years Old
Junmai is expected to become a prominent segment of the global Japanese sake market in terms of volume. This could be due to certain favorable factors such as reasonable price, high quality, and good taste influencing the market growth of the product type segment
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By Region
Japan is likely to continue to create robust demand for Japanese sake during the forecast period 2019-2025. Availability of a wide range of products and heavy presence of Japanese sake producers and breweries are among important growth drivers of the Japan market. Japanese sake is very commonly served in restaurants, pubs, and bars in Japan and can also be purchased from local breweries in the country.
Japanese Sake Depth Analysis and Forecast by Top Manufacturers Are Dassai, SakéOne, Juyondai, Otokoyama, Kubota
Japanese Sake Market Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.