Key Market Indicators
The country ranked number 3 in 2021, India came ahead with $994,420,000. India, Japan and Russia respectively came in numbers 2, 3 and 4 in this ranking. Consumption of alcoholic drinks in Japan is forecast to drop slightly to 1.11 million metric tons by 2026, from 1.12 million metric tons in 2021. This would represent an average yearly decrease of 0.1%. Demand for these beverages has grown 0.2% annually since 2017. In 2021, Japan was the world’s third-largest consumer of alcohol, behind India (1.12 million metric tons) and Russia (1.13 million metric tons). Exports of alcoholic drinks from Japan are expected to reach $1.22 billion by 2026, up from $994.4 million in 2021. This would represent an average yearly growth of 3.4%. Supply of these beverages has increased 10.3% per year since 1993. In 2021, Japan was the world’s third-largest exporter of alcohol, behind India ($994.4 million) and Russia ($1.14 billion).
Japan Alcoholic Drink Market Data and Forecasts
How much will Japan Alcoholic Drink Market grow to 2026?
More in Alcoholic Drink Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Beer Industry: Exploring Strategies of Top Global Brewers and Market Dynamics
The dominant entities within the global brewing industry enlist multifaceted strategies to bolster their market positions. These primarily revolve around portfolio diversification, wherein brewers are seen expanding their offerings beyond traditional beer to accommodate current consumer trends and preferences. Particularly promising are innovations within the realm of low or no-alcohol...
Discover more insights -
Spirits Sector: Comparing Pernod Ricard and Rémy Cointreau's Global Involvement
Pernod Ricard and Rémy Cointreau both play a major role in the Spirits sector but they operate on different scales. Pernod Ricard is the world's second largest spirits company with a broad portfolio of known brands like Absolut Vodka and Jameson Irish Whiskey. Rémy Cointreau, however, is a smaller player,...
Discover more insights -
Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques
Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...
Discover more insights -
Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands
Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...
Discover more insights -
Spirits Market Overview: Unveiling Size & Trends Across the Globe
Globally, the spirits market displays robust growth, due to a variety of interconnecting factors. The industry's rising popularity can be credited to changing consumer preferences and an increasing inclination towards premium and ultra-premium products. The proliferation of craft distilleries, particularly across developed markets, has further expanded the market. Emerging economies...
Discover more insights