The Rise of Rice Wine: Market Insights, Consumer Demand, and Innovations
Rice wine, a traditional alcoholic beverage made from fermented rice, has a long history across various Asian cultures, particularly in China, Japan, Korea, and Southeast Asia. It is used for both consumption and culinary purposes, offering a distinct flavor profile that appeals to a wide range of consumers. With globalization and increasing interest in traditional alcoholic beverages, the rice wine market has expanded beyond its traditional roots, gaining traction in Western markets as well.
Rice Wine Market Size was estimated at 47.26 (USD Billion) in 2024. The Rice Wine Industry is expected to grow from 50.49USD Billion) in 2025 to 91.60 (USD Billion) by 2034. The Rice Wine Market CAGR (growth rate) is expected to be around 6.8% during the forecast period (2025 - 2034).
Key Players are:
Beijing Dabaotai Food Group Co., Ltd., Lee Kum Kee Group, Pearl River Bridge Soy Sauce Co., Ltd., Amoy Food Co., Ltd., Sempio Foods Company, Yamasa Corporation, Marukome Co., Ltd., Sichuan Nanming Food Co., Ltd., Zhongshan Tianhe Flavor Fragrance Co., Ltd., Kikkoman Corporation, Eden Foods, Inc., Ajinomoto Co., Inc., Mizkan Holdings Co., Ltd., Foshan Haitian Flavoring Food Co., Ltd.