Europe Rice Wine Market Size & Outlook, 2023-2030

The rice wine market in Europe is expected to reach a projected revenue of US$ 529.3 million by 2030. A compound annual growth rate of 4.5% is expected of Europe rice wine market from 2024 to 2030.
Revenue, 2023 (US$M)
$389.5
Forecast, 2030 (US$M)
$529.3
CAGR, 2024 - 2030
4.5%
Report Coverage
Europe

Europe rice wine market, 2018-2030 (US$M)

Europe
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Europe rice wine market highlights

  • The Europe rice wine market generated a revenue of USD 389.5 million in 2023.
  • The market is expected to grow at a CAGR of 4.5% 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.


Europe data book summary

Market revenue in 2023USD 389.5 million
Market revenue in 2030USD 529.3 million
Growth rate4.5% (CAGR from 2023 to 2030)
Largest segmentSake wine
Fastest growing segmentSake Wine
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSake Wine
Key market players worldwideAsahi Shuzo Co., KOOKSOONDANG, Ozeki Sake USA, Takara Holdings Inc


Other key industry trends

  • In terms of revenue, Europe region accounted for 8.0% 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
Sake Wine
Huangjiu Wine
Makgeolli Wine
Others
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

Europe rice wine market

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