Global Mirin Market size and share is currently valued at USD 272.17 million in 2024 and is anticipated to generate an estimated revenue of USD 425.03 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.7% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 – 2032
Market Overview:
L-citrulline, a non-essential amino acid, has gained significant attention in the global health and wellness industry due to its wide range of benefits. Found naturally in foods such as watermelon and produced in the body, L-citrulline is a precursor to L-arginine and nitric oxide, playing a crucial role in improving blood flow, reducing muscle fatigue, and enhancing athletic performance.
The L-citrulline market encompasses applications across dietary supplements, sports nutrition, pharmaceuticals, and functional foods. Its use is particularly prevalent among athletes and fitness enthusiasts for improving endurance and recovery. The growing awareness of its potential benefits for cardiovascular health and its role in managing conditions such as hypertension and erectile dysfunction has further expanded its consumer base.
Key Trends:
- Innovations in Supplement Formulations
Manufacturers are exploring new delivery formats such as gummies, powders, and ready-to-drink formulations to cater to diverse consumer preferences. These innovations aim to enhance convenience and consumer experience. - Integration into Functional Foods and Beverages
L-citrulline is increasingly being incorporated into functional food and beverage products, such as energy bars and sports drinks, as consumers seek convenient ways to meet their nutritional needs. - Focus on Research and Clinical Studies
The market is witnessing an increase in clinical research to substantiate the health benefits of L-citrulline. Scientific validation is driving consumer confidence and encouraging wider adoption across industries. - Growth in Vegan and Natural Supplement Segments
The rise of veganism and the demand for natural supplements have led to the development of L-citrulline products that align with these trends. Natural extraction methods and plant-based formulations are becoming key focus areas for manufacturers.
𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/mirin-market/request-for-sample
Key Companies in Mirin Market
- Kikkoman Corporation
- Mizkan Holdings
- Yamasa Corporation
- Takara Shuzo Co., Ltd.
- Ohsawa Japan
- Marukin Shoyu Co., Ltd.
- Suzuya Co., Ltd.
- Shoda Shoyu Co., Ltd.
- Maruzen Showa Co., Ltd.
- Shinkichi Kogyo Co., Ltd.
- Lee Kum Kee
- Aji-No-Moto Co., Ltd.
- Nakano Vinegar Co., Ltd.
Mirin Industry Developments:
- In June 2024, Kikkoman announced plans to expand its mirin product line by introducing organic and low-sugar options. This initiative is designed to meet the growing consumer demand for healthier and more natural ingredients, aiming to strengthen the brand’s presence in the premium mirin market.
- In February 2024, Sung Si-Kyung launched a new liquor brand called “Kyung”, debuting with its flagship product, “Kyungtakju,” a type of makgeolli (Korean rice wine). This unique makgeolli features an alcohol content of 12%, significantly higher than the typical 6-9% found in most commercially available makgeolli, offering a bold twist on a traditional beverage.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The Mirin Market segmentation divides the market into several segments. The industry segmentation is primarily based on product type, application, end-use, and geographic factors. Besides, the research study covers several sub-segments of the market. An in-depth examination of each market segment and sub-segment has been provided, covering the industry size, growth prospects, industry drivers, and challenges. The detailed market segmentation helps stakeholders identify the diverse needs of different consumer groups in the market. Also, it pinpoints opportunities for targeted marketing and product development strategies.
Mirin Market, Type Outlook (Revenue – USD Million, 2019-2032)
- Aji-mirin
- Hon-mirin
Mirin Market, Application Outlook (Revenue – USD Million, 2019-2032)
- Residential
- Commercial
Mirin Market, Distribution Channel Outlook (Revenue – USD Million, 2019-2032)
- Supermarkets/Hypermarkets
- Brand Outlets
- Online Stores
- Factory Outlets
- Others
The mirin market is poised for growth as consumers increasingly embrace global cuisines and seek authentic flavors in their cooking. With innovations in product offerings and the growing popularity of Japanese cuisine, mirin is set to remain a key player in the global culinary landscape.