The global mirin market size is expected to reach USD 425.03 million by 2032, according to a new study by Polaris Market Research. The report “Global Mirin Market Size, Share, Trends, Industry Analysis Report: By Type (Aji-mirin and Hon-mirin), By Application (Residential and Commercial), By Distribution Channel, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024–2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The global mirin market is experiencing notable growth owing to the increasing consumer interest in authentic Japanese cuisines and a rising preference for versatile cooking ingredients. Key drivers include the growing popularity of Asian culinary traditions, the expansion of Japanese restaurants and food products worldwide, and emerging home cooking and gourmet food trends. Additionally, the shift in preference of health-conscious consumers toward natural and less processed ingredients has propelled the demand for mirin, a naturally fermented rice wine.
Trends shaping the mirin market include innovations in mirin production, such as low-sugar and premium variants, and the expansion of distribution channels, including online grocery platforms and specialty stores.
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The competitive landscape of the global mirin market is characterized by a mix of traditional producers and emerging players focusing on premium and specialty products. Established companies such as Kikkoman and Mizkan leverage their extensive distribution networks and brand reputation to maintain market dominance.
Mirin Market Report Highlights:
Polaris Market Research has segmented mirin market report on the basis of type, application, distribution channel, and region
Mirin– Type-Based Outlook (Revenue – USD Billion, 2019–2032)
Mirin– Application-Based Outlook (Revenue – USD Billion, 2019–2032)
Mirin– Distribution Channel-Based Outlook (Revenue – USD Billion, 2019–2032)
Mirin– Regional Outlook (Revenue – USD Billion, 2019–2032)
Mirin Report Scope
Report Attributes |
Details |
Market size value in 2023 |
USD 258.30 million |
Market size value in 2024 |
USD 272.17 million |
Revenue forecast in 2032 |
USD 425.03 million |
CAGR |
5.7% from 2024 to 2032 |
Base year |
2023 |
Historical data |
2019–2022 |
Forecast period |
2024–2032 |
Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
Report coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments covered |
|
Regional scope |
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Competitive landscape |
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Report format |
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Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |