Global Korean Soju Market Growth 2024-2030

Global Korean Soju Market Growth 2024-2030

Korean Soju is the best known liquor from Korea. It is distilled, vodka-like, rice liquor with high potency and often flavored similarly. It is smooth and clean in taste, which makes it easy to drink in combination with various Korean dishes. The main ingredient of soju is rice, almost always in combination with other ingredients such as wheat, barley, or sweet potatoes. Soju is clear-colored and typically varies in alcohol content from 10% to 25% proof.

The global Korean Soju market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Korean Soju Industry Forecast” looks at past sales and reviews total world Korean Soju sales in 2023, providing a comprehensive analysis by region and market sector of projected Korean Soju sales for 2024 through 2030. With Korean Soju sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Korean Soju industry.

This Insight Report provides a comprehensive analysis of the global Korean Soju landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Korean Soju portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Korean Soju market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Korean Soju and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Korean Soju.

Korea is the largest market with about 97% market share.

The key players are HiteJinro, Lotte Liquor, Muhak, Kumbokju, C1 Soju, bohae, Chungbuk, Hallasan, Mackiss, Andong etc. Top 3 companies occupied about 69% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Korean Soju market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Distilled Korean Soju
Diluted Korean Soju

Segmentation by Application:
Below 20 Years Old
20-40 Years Old
40-60 Years Old
Above 60 Years Old

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
HiteJinro
Lotte Liquor
Muhak
Kumbokju
C1 Soju
bohae
Chungbuk
Hallasan
Mackiss
Andong

Key Questions Addressed in this Report

What is the 10-year outlook for the global Korean Soju market?

What factors are driving Korean Soju market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Korean Soju market opportunities vary by end market size?

How does Korean Soju break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.