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Global Soju Market Outlook 2024

Global Soju Market Outlook 2024

Publishing Date : Dec, 2021

License Type :
 

Report Code : 1655398

No of Pages : 114

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.
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.

The global Soju market was valued at US$ 3100.3 million in 2020 and is expected to reach US$ 3635.3 million by the end of 2027, growing at a CAGR of 2.3% during 2021-2027.
This report focuses on Soju volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Soju market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Soju Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
HiteJinro
Lotte Liquor
Muhak
Kumbokju
C1 Soju
bohae
Chungbuk
Hallasan
Mackiss
Andong
Index
1 Soju Market Overview
1.1 Product Overview and Scope of Soju
1.2 Soju Segment by Type
1.2.1 Global Soju Sales Growth Rate Comparison by Type (2021-2027)
1.2.2 Distilled Soju
1.2.3 Diluted Soju
1.3 Soju Segment by Application
1.3.1 Global Soju Sales Comparison by Application: (2021-2027)
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 2016-2027
1.4.2 Global Soju Sales 2016-2027

2 Soju Market Competition by Manufacturers
2.1 Global Soju Sales Market Share by Manufacturers (2016-2021)
2.2 Global Soju Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Soju Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Soju Manufacturing Sites, Area Served, Product Type
2.5 Soju Market Competitive Situation and Trends
2.5.1 Soju Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Soju Players Market Share by Revenue
2.5.3 Global Soju Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Soju Retrospective Market Scenario by Region
3.1 Global Soju Retrospective Market Scenario in Sales by Region: 2016-2021
3.2 Global Soju Retrospective Market Scenario in Revenue by Region: 2016-2021
3.3 North America Soju Market Facts & Figures by Country
3.3.1 North America Soju Sales by Country
3.3.2 North America Soju Revenue by Country
3.3.3 U.S.
3.3.4 Canada
3.4 Europe Soju Market Facts & Figures by Country
3.4.1 Europe Soju Sales by Country
3.4.2 Europe Soju Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Soju Market Facts & Figures by Region
3.5.1 Asia Pacific Soju Sales by Region
3.5.2 Asia Pacific Soju Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.5.12 Philippines
3.5.13 Vietnam
3.6 Latin America Soju Market Facts & Figures by Country
3.6.1 Latin America Soju Sales by Country
3.6.2 Latin America Soju Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Soju Market Facts & Figures by Country
3.7.1 Middle East and Africa Soju Sales by Country
3.7.2 Middle East and Africa Soju Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 U.A.E
4 Global Soju Historic Market Analysis by Type
4.1 Global Soju Sales Market Share by Type (2016-2021)
4.2 Global Soju Revenue Market Share by Type (2016-2021)
4.3 Global Soju Price by Type (2016-2021)

5 Global Soju Historic Market Analysis by Application
5.1 Global Soju Sales Market Share by Application (2016-2021)
5.2 Global Soju Revenue Market Share by Application (2016-2021)
5.3 Global Soju Price by Application (2016-2021)

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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
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 (2016-2021)
6.10.4 Andong Soju Product Portfolio
6.10.5 Andong Recent Developments/Updates

7 Soju Manufacturing Cost Analysis
7.1 Soju Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Soju
7.4 Soju Industrial Chain Analysis

8 Marketing Channel, Distributors and Customers
8.1 Marketing Channel
8.2 Soju Distributors List
8.3 Soju Customers

9 Soju Market Dynamics
9.1 Soju Industry Trends
9.2 Soju Growth Drivers
9.3 Soju Market Challenges
9.4 Soju Market Restraints

10 Global Market Forecast
10.1 Soju Market Estimates and Projections by Type
10.1.1 Global Forecasted Sales of Soju by Type (2022-2027)
10.1.2 Global Forecasted Revenue of Soju by Type (2022-2027)
10.2 Soju Market Estimates and Projections by Application
10.2.1 Global Forecasted Sales of Soju by Application (2022-2027)
10.2.2 Global Forecasted Revenue of Soju by Application (2022-2027)
10.3 Soju Market Estimates and Projections by Region
10.3.1 Global Forecasted Sales of Soju by Region (2022-2027)
10.3.2 Global Forecasted Revenue of Soju by Region (2022-2027)

11 Research Finding and Conclusion

12 Methodology and Data Source
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Author List
12.4 Disclaimer
List of Tables
List of Tables
Table 1. Global Soju Sales (M Bottles) Growth Rate Comparison by Type (2021-2027)
Table 2. Global Soju Sales (M Bottles) Comparison by Application (2021-2027)
Table 3. Global Soju Market Size by Region (US$ Million) (2016 VS 2021 VS 2027)
Table 4. Key Manufacturers Soju Covered in This Study
Table 5. Global Soju Sales (M Bottles) of Key Manufacturers (2016-2021)
Table 6. Global Soju Sales Market Share by Manufacturers (2016-2021)
Table 7. Global Soju Revenue (US$ Million) by Manufacturers (2016-2021)
Table 8. Global Soju Revenue Share by Manufacturers (2016-2021)
Table 9. Global Market Soju Average Price (USD/Bottle) of Key Manufacturers (2016-2021)
Table 10. Manufacturers Soju Manufacturing Sites and Area Served
Table 11. Manufacturers Soju Product Type
Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global Soju by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Soju as of 2020)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 15. Global Soju Sales by Region (2016-2021) & (M Bottles)
Table 16. Global Soju Sales Market Share by Region (2016-2021)
Table 17. Global Soju Revenue by Region (2016-2021) & (US$ Million)
Table 18. North America Soju Sales by Country (2016-2021) & (M Bottles)
Table 19. North America Soju Sales Market Share by Country (2016-2021)
Table 20. North America Soju Revenue by Country (2016-2021) & (US$ Million)
Table 21. North America Soju Revenue Market Share by Country (2016-2021)
Table 22. Europe Soju Sales by Country (2016-2021) & (M Bottles)
Table 23. Europe Soju Sales Market Share by Country (2016-2021)
Table 24. Europe Soju Revenue by Country (2016-2021) & (US$ Million)
Table 25. Europe Soju Revenue Market Share by Country (2016-2021)
Table 26. Asia Pacific Soju Sales by Region (2016-2021) & (M Bottles)
Table 27. Asia Pacific Soju Sales Market Share by Region (2016-2021)
Table 28. Asia Pacific Soju Revenue by Region (2016-2021) & (US$ Million)
Table 29. Asia Pacific Soju Revenue Market Share by Region (2016-2021)
Table 30. Latin America Soju Sales by Country (2016-2021) & (M Bottles)
Table 31. Latin America Soju Sales Market Share by Country (2016-2021)
Table 32. Latin America Soju Revenue by Country (2016-2021) & (US$ Million)
Table 33. Latin America Soju Revenue Market Share by Country (2016-2021)
Table 34. Middle East and Africa Soju Sales by Country (2016-2021) & (M Bottles)
Table 35. Middle East and Africa Soju Sales Market Share by Country (2016-2021)
Table 36. Middle East and Africa Soju Revenue by Country (2016-2021) & (US$ Million)
Table 37. Middle East and Africa Soju Revenue Market Share by Country (2016-2021)
Table 38. Global Soju Sales (M Bottles) by Type (2016-2021)
Table 39. Global Soju Sales Market Share by Type (2016-2021)
Table 40. Global Soju Revenue (Million US$) by Type (2016-2021)
Table 41. Global Soju Revenue Share by Type (2016-2021)
Table 42. Global Soju Price (USD/Bottle) by Type (2016-2021)
Table 43. Global Soju Sales (M Bottles) by Application (2016-2021)
Table 44. Global Soju Sales Market Share by Application (2016-2021)
Table 45. Global Soju Revenue (Million US$) by Application (2016-2021)
Table 46. Global Soju Revenue Share by Application (2016-2021)
Table 47. Global Soju Price (USD/Bottle) by Application (2016-2021)
Table 48. HiteJinro Corporation Information
Table 49. HiteJinro Description and Business Overview
Table 50. HiteJinro Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 51. HiteJinro Soju Product
Table 52. HiteJinro Recent Developments/Updates
Table 53. Lotte Liquor Corporation Information
Table 54. Lotte Liquor Description and Business Overview
Table 55. Lotte Liquor Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 56. Lotte Liquor Soju Product
Table 57. Lotte Liquor Recent Developments/Updates
Table 58. Muhak Corporation Information
Table 59. Muhak Description and Business Overview
Table 60. Muhak Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 61. Muhak Soju Product
Table 62. Muhak Recent Developments/Updates
Table 63. Kumbokju Corporation Information
Table 64. Kumbokju Description and Business Overview
Table 65. Kumbokju Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 66. Kumbokju Soju Product
Table 67. Kumbokju Recent Developments/Updates
Table 68. C1 Soju Corporation Information
Table 69. C1 Soju Description and Business Overview
Table 70. C1 Soju Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 71. C1 Soju Soju Product
Table 72. C1 Soju Recent Developments/Updates
Table 73. bohae Corporation Information
Table 74. bohae Description and Business Overview
Table 75. bohae Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 76. bohae Soju Product
Table 77. bohae Recent Developments/Updates
Table 78. Chungbuk Corporation Information
Table 79. Chungbuk Description and Business Overview
Table 80. Chungbuk Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 81. Chungbuk Soju Product
Table 82. Chungbuk Recent Developments/Updates
Table 83. Hallasan Corporation Information
Table 84. Hallasan Description and Business Overview
Table 85. Hallasan Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 86. Hallasan Soju Product
Table 87. Hallasan Recent Developments/Updates
Table 88. Mackiss Corporation Information
Table 89. Mackiss Description and Business Overview
Table 90. Mackiss Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 91. Mackiss Soju Product
Table 92. Mackiss Recent Developments/Updates
Table 93. Andong Corporation Information
Table 94. Andong Description and Business Overview
Table 95. Andong Soju Sales (M Bottles), Revenue (Million US$), Price (USD/Bottle) and Gross Margin (2016-2021)
Table 96. Andong Soju Product
Table 97. Andong Recent Developments/Updates
Table 98. Production Base and Market Concentration Rate of Raw Material
Table 99. Key Suppliers of Raw Materials
Table 100. Soju Distributors List
Table 101. Soju Customers List
Table 102. Soju Market Trends
Table 103. Soju Growth Drivers
Table 104. Soju Market Challenges
Table 105. Soju Market Restraints
Table 106. Global Soju Sales Forecast by Type (2022-2027) & (M Bottles)
Table 107. Global Soju Sales Market Share Forecast by Type (2022-2027)
Table 108. Global Soju Revenue Forecast by Type (2022-2027) & (US$ Million)
Table 109. Global Soju Revenue Market Share Forecast by Type (2022-2027)
Table 110. Global Soju Sales Forecast by Application (2022-2027) & (M Bottles)
Table 111. Global Soju Sales Market Share Forecast by Application (2022-2027)
Table 112. Global Soju Revenue Forecast by Application (2022-2027) & (US$ Million)
Table 113. Global Soju Revenue Market Share Forecast by Application (2022-2027)
Table 114. Global Soju Sales Forecast by Region (2022-2027) & (M Bottles)
Table 115. Global Soju Sales Market Share Forecast by Region (2022-2027)
Table 116. Global Soju Revenue Forecast by Region (2022-2027) & (US$ Million)
Table 117. Global Soju Revenue Market Share Forecast by Region (2022-2027)
Table 118. Research Programs/Design for This Report
Table 119. Key Data Information from Secondary Sources
Table 120. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Soju
Figure 2. Global Soju Market Share by Type in 2020 & 2027
Figure 3. Distilled Soju Product Picture
Figure 4. Diluted Soju Product Picture
Figure 5. Global Soju Market Share by Application in 2020 & 2027
Figure 6. Below 20 Years Old
Figure 7. 20-40 Years Old
Figure 8. 40-60 Years Old
Figure 9. Above 60 Years Old
Figure 10. Global Soju Revenue, (US$ Million), 2016 VS 2021 VS 2027
Figure 11. Global Soju Market Size 2016-2027 (US$ Million)
Figure 12. Global Soju Sales 2016-2027 (M Bottles)
Figure 13. Global Soju Market Size Market Share by Region: 2016 VS 20210 VS 2027
Figure 14. Soju Sales Share by Manufacturers in 2020
Figure 15. Global Soju Revenue Share by Manufacturers in 2020
Figure 16. The Global 5 and 10 Largest Soju Players: Market Share by Revenue in 2020
Figure 17. Soju Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2021
Figure 18. Global Soju Sales Market Share by Region (2016-2021)
Figure 19. Global Soju Sales Market Share by Region in 2020
Figure 20. Global Soju Revenue Market Share by Region (2016-2021)
Figure 21. Global Soju Revenue Market Share by Region in 2020
Figure 22. U.S. Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 23. Canada Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 24. Germany Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 25. France Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 26. U.K. Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 27. Italy Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 28. Russia Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 29. China Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 30. Japan Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 31. South Korea Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 32. India Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 33. Australia Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 34. Taiwan Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 35. Indonesia Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 36. Thailand Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 37. Malaysia Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 38. Philippines Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 39. Vietnam Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 40. Mexico Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 41. Brazil Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 42. Argentina Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 43. Turkey Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 44. Saudi Arabia Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 45. U.A.E Soju Revenue Growth Rate (2016-2021) (US$ Million)
Figure 46. Sales Market Share of Soju by Type (2016-2021)
Figure 47. Sales Market Share of Soju by Application (2016-2021)
Figure 48. Sales Market Share of Soju by Application in 2020
Figure 49. Revenue Share of Soju by Application (2016-2021)
Figure 50. Revenue Share of Soju by Application in 2020
Figure 51. Manufacturing Cost Structure of Soju
Figure 52. Manufacturing Process Analysis of Soju
Figure 53. Soju Industrial Chain Analysis
Figure 54. Channels of Distribution
Figure 55. Distributors Profiles
Figure 56. Bottom-up and Top-down Approaches for This Report
Figure 57. Data Triangulation
Figure 58. Key Executives Interviewed

Published By : QY Research

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