Asia Pacific Rice Wine Market Size & Outlook, 2023-2030
The rice wine market in Asia Pacific is expected to reach a projected revenue of US$ 4,915.7 million by 2030. A compound annual growth rate of 4% is expected of Asia Pacific rice wine market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,737.0
Forecast, 2030 (US$M)
$4,915.7
CAGR, 2024 - 2030
4%
Report Coverage
Asia Pacific
Asia Pacific rice wine market, 2018-2030 (US$M)
Asia Pacific rice wine market highlights
- The Asia Pacific rice wine market generated a revenue of USD 3,737.0 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, sake wine was the largest revenue generating product in 2023.
- Sake Wine is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,737.0 million |
| Market revenue in 2030 | USD 4,915.7 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Sake wine |
| Fastest growing segment | Sake Wine |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sake Wine |
| Key market players worldwide | Asahi Shuzo Co., KOOKSOONDANG, Ozeki Sake USA, Takara Holdings Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 76.3% of the global rice wine market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 792.0 million by 2030.
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Rice Wine Market Scope
Rice wine market segmentation & scope
Distribution Channel
Offline
Online
Countries
Brazil
Argentina
Denmark
France
Germany
Italy
Norway
Sweden
Spain
UK
U.S.
Canada
Mexico
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Rice Wine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific rice wine market
Related regional statistics
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