Soju market

Soju Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Food and Beverages
  • 73 Pages
  • Report code : PMR-6807924

  • 4.7 (158)

Soju Market

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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.

Soju Market contains market size and forecasts of Soju in global, including the following market information:

Global Soju Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Soju Market Sales, 2017-2022, 2023-2028, (M Bottles)

Global top five Soju companies in 2021 (%)

The global Soju market was valued at 3263.5 million in 2021 and is projected to reach US$ 3800.8 million by 2028, at a CAGR of 2.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Distilled Soju Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Soju include HiteJinro, Lotte Liquor, Muhak, Kumbokju, C1 Soju, bohae, Chungbuk, Hallasan and Mackiss and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Soju manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Soju Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Bottles)

Global Soju Market Segment Percentages, by Type, 2021 (%)

Distilled Soju

Diluted Soju

Global Soju Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Bottles)

Global Soju Market Segment Percentages, by Application, 2021 (%)

Below 20 Years Old

20-40 Years Old

40-60 Years Old

Above 60 Years Old

Global Soju Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Bottles)

Global Soju Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Soju revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Soju revenues share in global market, 2021 (%)

Key companies Soju sales in global market, 2017-2022 (Estimated), (M Bottles)

Key companies Soju sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

HiteJinro

Lotte Liquor

Muhak

Kumbokju

C1 Soju

bohae

Chungbuk

Hallasan

Mackiss

Andong

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