Umeshu Market 2023 Forecasts Unprecedented Revenue Growth Over the Next Decade

Explore the Report Ocean publication titled ‘Umeshu Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032’.

Analysis and Growth Projection for the Global Umeshu Market:

Global Umeshu Market is valued at approximately USD $$ billion in 2023 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2024-2032. Umeshu is a traditional alcoholic beverage native to Japan. Umeshu is sweet-sour-flavoured aperitif made from the finest raw ‘ume’ plums.

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The fruit liqueur contains around 35% white liquor and around 20% alcohol. Umeshu is served at different temperatures including chilled with or without ice, at room temperature, and even hot in the winter season. Umeshu contains different nutrients such as iron, calcium, potassium, magnesium, manganese, and other antioxidants. The increasing consumption of alcoholic beverages worldwide and growing population of young adults as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing consumption of alcoholic beverages worldwide is contributing to the growth of the Global Umeshu Market. For instance, according to Statista – as of 2022, the revenue in the global Alcoholic Drinks market is estimated at USD 1,484 billion, and the market is expected to grow annually by CAGR of around 10.01% between 2022 and 2025 to reach USD 1975.74 billion by end of 2025. Moreover, as per Statista – in 2020, alcohol consumption in India was estimated at 5 billion liters and the amount is projected to grow to 6.21 billion liters by 2024. Also, rising emergence of online platforms & convenience stores and increasing penetration of umeshu in developing economies would create lucrative growth prospects for the market over the forecast period. However, the increasing inclination towards nonalcoholic beverages impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Umeshu Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading region in terms of global market share owing to the increasing consumption of Umeshu in countries such as Japan, and India as well as presence of leading market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of convenience stores and growing young adult population in the region.

Major market players included in this report are:

• Choya Umeshu
• Suntory
• Creation Food
• Uisuki
• Ozeki
• Umenoyado
• Takara Sake
• Jinro
• Lotte
• Kiku Masamune

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Recent Developments in the Market:

In March 2022, Bengaluru, India based EIJ Consulting Pvt. Ltd. Entered into a partnership with Indian Wine importer Sonarys Co-Brands Pvt Ltd to promote Umeshu culture and to aware consumers of plum wine. In the initial stage both players would import 2000 bottles to distribute in select restaurants across Maharashtra. Further, the distribution would be extended to Delhi, Haryana, and Karnataka.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By End-Use

• Residential
• Commercial

By Distribution Channel

• Convenience Stores
• On-premises
• Retailers
• Supermarkets

By Region:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE (Rest of Europe)
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC (Rest of Asia Pacific)
• Latin America
  • Brazil
  • Mexico
• Rest of the World

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Highlighting Key Aspects in Umeshu Market Report:

Business Overview: In-depth exploration of the company’s operations and business divisions.

Corporate Strategy: Concise summary of the company’s strategic approach to business.

SWOT Analysis: Comprehensive examination of the company’s strengths, weaknesses, opportunities, and threats.

Company History: Chronological account of significant events shaping the company’s trajectory.

Key Products and Services: Catalog of prominent products, services, and brand offerings by the company.

Competitive Landscape: Identification of major competitors in the industry.

Strategic Locations and Subsidiaries: Inventory and contact details of pivotal locations and subsidiaries.

Financial Performance Analysis: Comprehensive financial ratios from the company’s annual financial statements, spanning the last five years.

Why Invest in This Report?

– Accelerate your decision-making process with rapid and time-critical insights.

– Uncover pivotal growth and investment prospects within the Umeshu market.

– Make informed decisions supported by robust historical and forecast data for the Umeshu market.

– Strategically position yourself to harness the industry’s maximum growth potential.

– Pinpoint crucial partners and avenues for business development.

– Gain a comprehensive understanding of your competitors’ business landscape, strategies, and future prospects.

Frequently Asked Questions:

➟ What primarily fuels the expansion of the Umeshu market?

➟ What factors impede the market’s progress?

➟ Who stands out as the pivotal players in the market?

➟ Which geographical area commands the largest market share?

➟ What recent developments characterize the trends in the Umeshu market?

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