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Synopsis
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 Soju market was valued at US$ 3171.7 million in 2023 and is anticipated to reach US$ 3726.1 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Soju, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soju.
Report Scope
The Soju market size, estimations, and forecasts are provided in terms of sales volume (M Bottles) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Soju market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Soju manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company (Partial List):
- HiteJinro
- Lotte Liquor
- Muhak
- Kumbokju
- C1 Soju
- bohae
- Chungbuk
- Hallasan
- Mackiss
- Andong
Segment by Type
- Distilled Soju
- Diluted Soju
Segment by Application
- Below 20 Years Old
- 20-40 Years Old
- 40-60 Years Old
- Above 60 Years Old
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Soju manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Soju in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 9: The main points and conclusions of the report.
Index
1 Soju Market Overview
1.1 Product Overview and Scope of Soju
1.2 Soju Segment by Type
1.2.1 Global Soju Market Value Comparison by Type (2024-2030)
1.2.2 Distilled Soju
1.2.3 Diluted Soju
1.3 Soju Segment by Application
1.3.1 Global Soju Market Value by Application: (2024-2030)
1.3.2 Below 20 Years Old
1.3.3 20-40 Years Old
1.3.4 40-60 Years Old
1.3.5 Above 60 Years Old
1.4 Global Soju Market Size Estimates and Forecasts
1.4.1 Global Soju Revenue 2019-2030
1.4.2 Global Soju Sales 2019-2030
1.4.3 Global Soju Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Soju Market Competition by Manufacturers
2.1 Global Soju Sales Market Share by Manufacturers (2019-2024)
2.2 Global Soju Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Soju Average Price by Manufacturers (2019-2024)
2.4 Global Soju Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Soju, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Soju, Product Type & Application
2.7 Soju Market Competitive Situation and Trends
2.7.1 Soju Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Soju Players Market Share by Revenue
2.7.3 Global Soju Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Soju Retrospective Market Scenario by Region
3.1 Global Soju Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Soju Global Soju Sales by Region: 2019-2030
3.2.1 Global Soju Sales by Region: 2019-2024
3.2.2 Global Soju Sales by Region: 2025-2030
3.3 Global Soju Global Soju Revenue by Region: 2019-2030
3.3.1 Global Soju Revenue by Region: 2019-2024
3.3.2 Global Soju Revenue by Region: 2025-2030
3.4 North America Soju Market Facts & Figures by Country
3.4.1 North America Soju Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Soju Sales by Country (2019-2030)
3.4.3 North America Soju Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Soju Market Facts & Figures by Country
3.5.1 Europe Soju Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Soju Sales by Country (2019-2030)
3.5.3 Europe Soju Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Soju Market Facts & Figures by Country
3.6.1 Asia Pacific Soju Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Soju Sales by Country (2019-2030)
3.6.3 Asia Pacific Soju Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Soju Market Facts & Figures by Country
3.7.1 Latin America Soju Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Soju Sales by Country (2019-2030)
3.7.3 Latin America Soju Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Soju Market Facts & Figures by Country
3.8.1 Middle East and Africa Soju Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Soju Sales by Country (2019-2030)
3.8.3 Middle East and Africa Soju Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Soju Sales by Type (2019-2030)
4.1.1 Global Soju Sales by Type (2019-2024)
4.1.2 Global Soju Sales by Type (2025-2030)
4.1.3 Global Soju Sales Market Share by Type (2019-2030)
4.2 Global Soju Revenue by Type (2019-2030)
4.2.1 Global Soju Revenue by Type (2019-2024)
4.2.2 Global Soju Revenue by Type (2025-2030)
4.2.3 Global Soju Revenue Market Share by Type (2019-2030)
4.3 Global Soju Price by Type (2019-2030)
5 Segment by Application
5.1 Global Soju Sales by Application (2019-2030)
5.1.1 Global Soju Sales by Application (2019-2024)
5.1.2 Global Soju Sales by Application (2025-2030)
5.1.3 Global Soju Sales Market Share by Application (2019-2030)
5.2 Global Soju Revenue by Application (2019-2030)
5.2.1 Global Soju Revenue by Application (2019-2024)
5.2.2 Global Soju Revenue by Application (2025-2030)
5.2.3 Global Soju Revenue Market Share by Application (2019-2030)
5.3 Global Soju Price by Application (2019-2030)
6 Key Companies Profiled
6.1 HiteJinro
6.1.1 HiteJinro Corporation Information
6.1.2 HiteJinro Description and Business Overview
6.1.3 HiteJinro Soju Sales, Revenue and Gross Margin (2019-2024)
6.1.4 HiteJinro Soju Product Portfolio
6.1.5 HiteJinro Recent Developments/Updates
6.2 Lotte Liquor
6.2.1 Lotte Liquor Corporation Information
6.2.2 Lotte Liquor Description and Business Overview
6.2.3 Lotte Liquor Soju Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Lotte Liquor Soju Product Portfolio
6.2.5 Lotte Liquor Recent Developments/Updates
6.3 Muhak
6.3.1 Muhak Corporation Information
6.3.2 Muhak Description and Business Overview
6.3.3 Muhak Soju Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Muhak Soju Product Portfolio
6.3.5 Muhak Recent Developments/Updates
6.4 Kumbokju
6.4.1 Kumbokju Corporation Information
6.4.2 Kumbokju Description and Business Overview
6.4.3 Kumbokju Soju Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Kumbokju Soju Product Portfolio
6.4.5 Kumbokju Recent Developments/Updates
6.5 C1 Soju
6.5.1 C1 Soju Corporation Information
6.5.2 C1 Soju Description and Business Overview
6.5.3 C1 Soju Soju Sales, Revenue and Gross Margin (2019-2024)
6.5.4 C1 Soju Soju Product Portfolio
6.5.5 C1 Soju Recent Developments/Updates
6.6 bohae
6.6.1 bohae Corporation Information
6.6.2 bohae Description and Business Overview
6.6.3 bohae Soju Sales, Revenue and Gross Margin (2019-2024)
6.6.4 bohae Soju Product Portfolio
6.6.5 bohae Recent Developments/Updates
6.7 Chungbuk
6.6.1 Chungbuk Corporation Information
6.6.2 Chungbuk Description and Business Overview
6.6.3 Chungbuk Soju Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Chungbuk Soju Product Portfolio
6.7.5 Chungbuk Recent Developments/Updates
6.8 Hallasan
6.8.1 Hallasan Corporation Information
6.8.2 Hallasan Description and Business Overview
6.8.3 Hallasan Soju Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Hallasan Soju Product Portfolio
6.8.5 Hallasan Recent Developments/Updates
6.9 Mackiss
6.9.1 Mackiss Corporation Information
6.9.2 Mackiss Description and Business Overview
6.9.3 Mackiss Soju Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Mackiss Soju Product Portfolio
6.9.5 Mackiss Recent Developments/Updates
6.10 Andong
6.10.1 Andong Corporation Information
6.10.2 Andong Description and Business Overview
6.10.3 Andong Soju Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Andong Soju Product Portfolio
6.10.5 Andong Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Soju Industry Chain Analysis
7.2 Soju Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Soju Production Mode & Process
7.4 Soju Sales and Marketing
7.4.1 Soju Sales Channels
7.4.2 Soju Distributors
7.5 Soju Customers
8 Soju Market Dynamics
8.1 Soju Industry Trends
8.2 Soju Market Drivers
8.3 Soju Market Challenges
8.4 Soju Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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