Soju Market Size 2022 and Strategic Assessment - Among Top Players: |HiteJinro, Lotte Liquor, Muhak

Global Soju Market Size Is Projected To Reach US$ 3635.3 Million By 2027, From US$ 3100.3 Million In 2020, At A CAGR Of 2.3% During 2021-2027

QY Research recently published a research report titled, "Global Soju Market Report, History and Forecast , Breakdown Data by Manufacturers, Key Regions, Types and Application". The research report attempts to give a holistic overview of the Soju market by keeping the information simple, relevant, accurate, and to the point. The researchers have explained each aspect of the market thorough meticulous research and undivided attention to every topic. They have also provided data in statistical data to help readers understand the whole market. The report further provides historic and forecast data generated through primary and secondary research of the region and their respective manufacturers.

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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. 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. Market Analysis and Insights: Global Soju Market The global Soju market size is projected to reach US$ 3635.3 million by 2027, from US$ 3100.3 million in 2020, at a CAGR of 2.3% during 2021-2027.

The competitive landscape of the global Soju market is broadly studied in the report with large focus on recent developments, future plans of top players, and key growth strategies adopted by them. The analysts authoring the report have profiled almost every major player of the global Soju market and thrown light on their crucial business aspects such as production, areas of operation, and product portfolio. All companies analyzed in the report are studied on the basis of vital factors such as market share, market growth, company size, production volume, revenue, and earnings.

Key Players Mentioned in the Global Soju Market Research Report: HiteJinro, Lotte Liquor, Muhak, Kumbokju, C1 Soju, bohae, Chungbuk, Hallasan, Mackiss, Andong

Global Soju Market by Type: Distilled Soju, Diluted Soju

Global Soju Market by Application: Below 20 Years Old, 20-40 Years Old, 40-60 Years Old, Above 60 Years Old

The Soju market is divided into the two important segments, product type segment and end user segment. In the product type segment, it lists down all the products currently manufactured by the companies and their economic role in the market. It also reports the new products that are currently being developed and their scope. Further, it presents a detailed understanding of the end users that are a governing force of the Soju market. In this chapter of the Soju report, the researchers have explored the various regions that are expected to witness fruitful developments and make serious contributions to the market's burgeoning growth. Along with general statistical information, the Soju report has provided data of each region with respect to its revenue, productions, and presence of major manufacturers.

The major regions which are covered in the report includes North America, Europe, Central and South America, Asia Pacific, South Asia, the Middle East and Africa, GCC countries, and others.

Frequently Asked  Questions 

o What will be the size of the global Soju market in 2028?

o What is the current CAGR of the global Soju market?

o Which product is expected to show the highest market growth?

o Which application is projected to gain a lion's share of the global Soju market?

o Which region is foretold to create the most number of opportunities in the global Soju market?

o Will there be any changes in market competition during the forecast period?

o Which are the top players currently operating in the global Soju market?

o How will the market situation change in the coming years?

o What are the common business tactics adopted by players?

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Table of Contents

  1 Soju Market Overview
1.1 Soju Product Overview
1.2 Soju Market Segment by Type
1.2.1 Distilled Soju
1.2.2 Diluted Soju
1.3 Global Soju Market Size by Type
1.3.1 Global Soju Market Size Overview by Type (2016-2027)
1.3.2 Global Soju Historic Market Size Review by Type (2016-2021)

1.3.2.1 Global Soju Sales Breakdown in Volume by Type (2016-2021)

1.3.2.2 Global Soju Sales Breakdown in Value by Type (2016-2021)

1.3.2.3 Global Soju Average Selling Price (ASP) by Type (2016-2021)
1.3.3 Global Soju Forecasted Market Size by Type (2022-2027)

1.3.3.1 Global Soju Sales Breakdown in Volume by Type (2022-2027)

1.3.3.2 Global Soju Sales Breakdown in Value by Type (2022-2027)

1.3.3.3 Global Soju Average Selling Price (ASP) by Type (2022-2027)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Soju Sales Breakdown by Type (2016-2021)
1.4.2 Europe Soju Sales Breakdown by Type (2016-2021)
1.4.3 Asia-Pacific Soju Sales Breakdown by Type (2016-2021)
1.4.4 Latin America Soju Sales Breakdown by Type (2016-2021)
1.4.5 Middle East and Africa Soju Sales Breakdown by Type (2016-2021) 2 Global Soju Market Competition by Company
2.1 Global Top Players by Soju Sales (2016-2021)
2.2 Global Top Players by Soju Revenue (2016-2021)
2.3 Global Top Players Soju Price (2016-2021)
2.4 Global Top Manufacturers Soju Manufacturing Base Distribution, Sales Area, Product Type
2.5 Soju Market Competitive Situation and Trends
2.5.1 Soju Market Concentration Rate (2016-2021)
2.5.2 Global 5 and 10 Largest Manufacturers by Soju Sales and Revenue in 2020
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Soju as of 2020)
2.7 Date of Key Manufacturers Enter into Soju Market
2.8 Key Manufacturers Soju Product Offered
2.9 Mergers & Acquisitions, Expansion 3 Soju Status and Outlook by Region
3.1 Global Soju Market Size and CAGR by Region: 2016 VS 2021 VS 2026
3.2 Global Soju Historic Market Size by Region
3.2.1 Global Soju Sales in Volume by Region (2016-2021)
3.2.2 Global Soju Sales in Value by Region (2016-2021)
3.2.3 Global Soju Sales (Volume & Value) Price and Gross Margin (2016-2021)
3.3 Global Soju Forecasted Market Size by Region
3.3.1 Global Soju Sales in Volume by Region (2022-2027)
3.3.2 Global Soju Sales in Value by Region (2022-2027)
3.3.3 Global Soju Sales (Volume & Value), Price and Gross Margin (2022-2027) 4 Global Soju by Application
4.1 Soju Market Segment by Application
4.1.1 Below 20 Years Old
4.1.2 20-40 Years Old
4.1.3 40-60 Years Old
4.1.4 Above 60 Years Old
4.2 Global Soju Market Size by Application
4.2.1 Global Soju Market Size Overview by Application (2016-2027)
4.2.2 Global Soju Historic Market Size Review by Application (2016-2021)

4.2.2.1 Global Soju Sales Breakdown in Volume, by Application (2016-2021)

4.2.2.2 Global Soju Sales Breakdown in Value, by Application (2016-2021)

4.2.2.3 Global Soju Average Selling Price (ASP) by Application (2016-2021)
4.2.3 Global Soju Forecasted Market Size by Application (2022-2027)

4.2.3.1 Global Soju Sales Breakdown in Volume, by Application (2022-2027)

4.2.3.2 Global Soju Sales Breakdown in Value, by Application (2022-2027)

4.2.3.3 Global Soju Average Selling Price (ASP) by Application (2022-2027)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Soju Sales Breakdown by Application (2016-2021)
4.3.2 Europe Soju Sales Breakdown by Application (2016-2021)
4.3.3 Asia-Pacific Soju Sales Breakdown by Application (2016-2021)
4.3.4 Latin America Soju Sales Breakdown by Application (2016-2021)
4.3.5 Middle East and Africa Soju Sales Breakdown by Application (2016-2021) 5 North America Soju by Country
5.1 North America Soju Historic Market Size by Country
5.1.1 North America Soju Sales in Volume by Country (2016-2021)
5.1.2 North America Soju Sales in Value by Country (2016-2021)
5.2 North America Soju Forecasted Market Size by Country
5.2.1 North America Soju Sales in Volume by Country (2022-2027)
5.2.2 North America Soju Sales in Value by Country (2022-2027) 6 Europe Soju by Country
6.1 Europe Soju Historic Market Size by Country
6.1.1 Europe Soju Sales in Volume by Country (2016-2021)
6.1.2 Europe Soju Sales in Value by Country (2016-2021)
6.2 Europe Soju Forecasted Market Size by Country
6.2.1 Europe Soju Sales in Volume by Country (2022-2027)
6.2.2 Europe Soju Sales in Value by Country (2022-2027) 7 Asia-Pacific Soju by Region
7.1 Asia-Pacific Soju Historic Market Size by Region
7.1.1 Asia-Pacific Soju Sales in Volume by Region (2016-2021)
7.1.2 Asia-Pacific Soju Sales in Value by Region (2016-2021)
7.2 Asia-Pacific Soju Forecasted Market Size by Region
7.2.1 Asia-Pacific Soju Sales in Volume by Region (2022-2027)
7.2.2 Asia-Pacific Soju Sales in Value by Region (2022-2027) 8 Latin America Soju by Country
8.1 Latin America Soju Historic Market Size by Country
8.1.1 Latin America Soju Sales in Volume by Country (2016-2021)
8.1.2 Latin America Soju Sales in Value by Country (2016-2021)
8.2 Latin America Soju Forecasted Market Size by Country
8.2.1 Latin America Soju Sales in Volume by Country (2022-2027)
8.2.2 Latin America Soju Sales in Value by Country (2022-2027) 9 Middle East and Africa Soju by Country
9.1 Middle East and Africa Soju Historic Market Size by Country
9.1.1 Middle East and Africa Soju Sales in Volume by Country (2016-2021)
9.1.2 Middle East and Africa Soju Sales in Value by Country (2016-2021)
9.2 Middle East and Africa Soju Forecasted Market Size by Country
9.2.1 Middle East and Africa Soju Sales in Volume by Country (2022-2027)
9.2.2 Middle East and Africa Soju Sales in Value by Country (2022-2027) 10 Company Profiles and Key Figures in Soju Business
10.1 HiteJinro
10.1.1 HiteJinro Corporation Information
10.1.2 HiteJinro Introduction and Business Overview
10.1.3 HiteJinro Soju Sales, Revenue and Gross Margin (2016-2021)
10.1.4 HiteJinro Soju Products Offered
10.1.5 HiteJinro Recent Development
10.2 Lotte Liquor
10.2.1 Lotte Liquor Corporation Information
10.2.2 Lotte Liquor Introduction and Business Overview
10.2.3 Lotte Liquor Soju Sales, Revenue and Gross Margin (2016-2021)
10.2.4 Lotte Liquor Soju Products Offered
10.2.5 Lotte Liquor Recent Development
10.3 Muhak
10.3.1 Muhak Corporation Information
10.3.2 Muhak Introduction and Business Overview
10.3.3 Muhak Soju Sales, Revenue and Gross Margin (2016-2021)
10.3.4 Muhak Soju Products Offered
10.3.5 Muhak Recent Development
10.4 Kumbokju
10.4.1 Kumbokju Corporation Information
10.4.2 Kumbokju Introduction and Business Overview
10.4.3 Kumbokju Soju Sales, Revenue and Gross Margin (2016-2021)
10.4.4 Kumbokju Soju Products Offered
10.4.5 Kumbokju Recent Development
10.5 C1 Soju
10.5.1 C1 Soju Corporation Information
10.5.2 C1 Soju Introduction and Business Overview
10.5.3 C1 Soju Soju Sales, Revenue and Gross Margin (2016-2021)
10.5.4 C1 Soju Soju Products Offered
10.5.5 C1 Soju Recent Development
10.6 bohae
10.6.1 bohae Corporation Information
10.6.2 bohae Introduction and Business Overview
10.6.3 bohae Soju Sales, Revenue and Gross Margin (2016-2021)
10.6.4 bohae Soju Products Offered
10.6.5 bohae Recent Development
10.7 Chungbuk
10.7.1 Chungbuk Corporation Information
10.7.2 Chungbuk Introduction and Business Overview
10.7.3 Chungbuk Soju Sales, Revenue and Gross Margin (2016-2021)
10.7.4 Chungbuk Soju Products Offered
10.7.5 Chungbuk Recent Development
10.8 Hallasan
10.8.1 Hallasan Corporation Information
10.8.2 Hallasan Introduction and Business Overview
10.8.3 Hallasan Soju Sales, Revenue and Gross Margin (2016-2021)
10.8.4 Hallasan Soju Products Offered
10.8.5 Hallasan Recent Development
10.9 Mackiss
10.9.1 Mackiss Corporation Information
10.9.2 Mackiss Introduction and Business Overview
10.9.3 Mackiss Soju Sales, Revenue and Gross Margin (2016-2021)
10.9.4 Mackiss Soju Products Offered
10.9.5 Mackiss Recent Development
10.10 Andong
10.10.1 Company Basic Information, Manufacturing Base and Competitors
10.10.2 Soju Product Category, Application and Specification
10.10.3 Andong Soju Sales, Revenue, Price and Gross Margin (2016-2021)
10.10.4 Main Business Overview
10.10.5 Andong Recent Development 11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Soju Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Soju Industrial Chain Analysis
11.4 Soju Market Dynamics
11.4.1 Industry Trends
11.4.2 Market Drivers
11.4.3 Market Challenges
11.4.4 Market Restraints 12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Soju Distributors
12.3 Soju Downstream Customers 13 Research Findings and Conclusion 14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach

14.1.1.1 Research Programs/Design

14.1.1.2 Market Size Estimation

14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source

14.1.2.1 Secondary Sources

14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer*

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