Global Soju Market Growth 2025-2031
Description
The global Soju market size is predicted to grow from US$ 3246 million in 2025 to US$ 3739 million in 2031; it is expected to grow at a CAGR of 2.4% from 2025 to 2031.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Soju Industry Forecast” looks at past sales and reviews total world Soju sales in 2024, providing a comprehensive analysis by region and market sector of projected Soju sales for 2025 through 2031. With Soju sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soju industry.
This Insight Report provides a comprehensive analysis of the global 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 Soju portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soju market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Soju.
This report presents a comprehensive overview, market shares, and growth opportunities of Soju market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Distilled Soju
Diluted 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 Soju market?
What factors are driving Soju market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Soju market opportunities vary by end market size?
How does Soju break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Soju Industry Forecast” looks at past sales and reviews total world Soju sales in 2024, providing a comprehensive analysis by region and market sector of projected Soju sales for 2025 through 2031. With Soju sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Soju industry.
This Insight Report provides a comprehensive analysis of the global 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 Soju portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Soju market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Soju.
This report presents a comprehensive overview, market shares, and growth opportunities of Soju market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Distilled Soju
Diluted 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 Soju market?
What factors are driving Soju market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Soju market opportunities vary by end market size?
How does Soju break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
87 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Soju by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Soju by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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