Soju Market In depth Research covering sales outlook demand

Soju Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends

Soju Market In depth Research covering sales outlook demand

Soju Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends


The research report on ‘Soju Market’ provides a workplan for stakeholders for the estimated timeframe of -. To elaborate, it offers valid predictions for the size, shares, and growth patterns of this domain over the projected timeline by assessing the past records and present business trends.

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The global Soju market is expected to grow at a CAGR of 2.4% during the forecast period.

The global Soju market is estimated to be about 3283.6 million US dollars in 2020.

The global Soju market is estimated to reach 3608.3 million USD by 2026.

The global Soju market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Soju market will be able to gain an advantage as they use reports as a powerful resource.

Soju markets by category

Distilled Soju

Diluted Soju

Soju Market by Application (Percentage of Demand)

Below 20 Years Old

20-40 Years Old

40-60 Years Old

Above 60 Years Old

Who are the leading companies in Soju

HiteJinro

Lotte Liquor

Muhak

Kumbokju

C1 Soju

bohae

Chungbuk

Hallasan

Mackiss

Andong

Soju markets by region:

In North America

In Latin America

Europe

The Asia-pacific

Middle East and Africa (MEA)

What are the main countries covered

The United States

Canada

Germany

France

UK

Italy

Russia

China

Japan

Korea

Southeast Asia

India

Australia

Brazil

Mexico

Argentina

Chile

Colombia

Egypt

Saudi Arabia

United Arab Emirates

Nigeria

South Africa

Which is the most profitable market

Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Soju.

What methodology did you follow in your research

This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.

Who were the primary study respondents

We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.

What are the sources of secondary research

We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.

1. Introduction

1.1 Definition of the Market

1.2 Research Purpose

1.3 Scope of the Study

1.4 Stakeholders

1.5 Geography Coverage

1.6 Currency Under Consideration

1.7 Market Size Units

1.8 Review Cycle

2 Global Market Overview

2.1 Global Soju Revenue and Growth Forecast 2014-2026

2.2 Global Soju Market Size and Growth Forecast 2014-2026

2.3 Global Soju Revenue by Region 2014-2026

2.4 Soju Market Share by Major Regions 2014-2021

2.5 Soju Gross Margin in Different Region 2014-2021

2.6 Global Soju Market History Price and Forecast 2014-2026

2.7 Global Soju Sales Market Share by Top Companies 2014-2021

3 Global Soju Market by Type

3.1 Global Soju Revenue and Growth Rate Segment by Types from 2014-2021

3.2 Global Soju Market Size and Growth Rate Segment by Product Types from 2014-2021

3.3 Global Soju Price Segment by Types from 2014-2021

3.4 Brief Introduction of Different Types

3.4.1 Distilled Soju

3.4.2 Diluted Soju

4 Global Soju Market by Application

4.1 Global Soju Revenue and Growth Rate Segment by Applications from 2014-2021

4.2 Global Soju Market Size and Growth Rate Segment by Product Applications from 2014-2021

4.3 Brief Introduction of Different Applications

4.3.1 Below 20 Years Old

4.3.2 20-40 Years Old

4.3.3 40-60 Years Old

4.3.4 Above 60 Years Old

5 North America Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

5.1 North America Soju Value ($) from 2014-2021

5.2 North America Soju Market Size from 2014-2021

5.3 North America Soju Price Change from 2014-2021

5.4 North America Soju Import and Export from 2014-2021

5.5 North America Soju Market Value ($) and Growth (%) by Type from 2014-2021

5.6 North America Soju Market Value ($) and Growth (%) by Application from 2014-2021

5.7 North America Soju Market Value ($) and Growth (%) by Countries from 2014-2021

5.7.1 The United States

5.7.2 Canada

5.8 Top North America Soju Participants Value ($) and Market Share (%) in 2020

6 Europe Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

6.1 Europe Soju Value ($) from 2014-2021

6.2 Europe Soju Market Size from 2014-2021

6.3 Europe Soju Price Change from 2014-2021

6.4 Europe Soju Import and Export from 2014-2021

6.5 Europe Soju Market Value ($) and Growth (%) by Type from 2014-2021

6.6 Europe Soju Market Value ($) and Growth (%) by Application from 2014-2021

6.7 Europe Soju Market Value ($) and Growth (%) by Countries from 2014-2021

6.7.1 Germany

6.7.2 France

6.7.3 UK

6.7.4 Italy

6.7.5 Russia

…

6.8 Top Europe Soju Participants Value ($) and Market Share (%) in 2020

7 Asia-Pacific Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

7.1 Asia-Pacific Soju Value ($) from 2014-2021

7.2 Asia-Pacific Soju Market Size from 2014-2021

7.3 Asia-Pacific Soju Price Change from 2014-2021

7.4 Asia-Pacific Soju Import and Export from 2014-2021

7.5 Asia-Pacific Soju Market Value ($) and Growth (%) by Type from 2014-2021

7.6 Asia-Pacific Soju Market Value ($) and Growth (%) by Application from 2014-2021

7.7 Asia-Pacific Soju Market Value ($) and Growth (%) by Countries from 2014-2021

7.7.1 China

7.7.2 Japan

7.7.3 Korea

7.7.4 Southeast Asia

7.7.5 India

7.7.6 Australia

…

7.8 Top Asia-Pacific Soju Participants Value ($) and Market Share (%) in 2020

8 Latin America Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

8.1 Latin America Soju Value ($) from 2014-2021

8.2 Latin America Soju Market Size from 2014-2021

8.3 Latin America Soju Price Change from 2014-2021

8.4 Latin America Soju Import and Export from 2014-2021

8.5 Latin America Soju Market Value ($) and Growth (%) by Type from 2014-2021

8.6 Latin America Soju Market Value ($) and Growth (%) by Application from 2014-2021

8.7 Latin America Soju Market Value ($) and Growth (%) by Countries from 2014-2021

8.7.1 Brazil

8.7.2 Mexico

8.7.3 Argentina

8.7.4 Chile

8.7.5 Colombia

…

8.8 Top Latin America Soju Participants Value ($) and Market Share (%) in 2020

9 Middle East & Africa Soju Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)

9.1 Middle East & Africa Soju Value ($) from 2014-2021

9.2 Middle East & Africa Soju Market Size from 2014-2021

9.3 Middle East & Africa Soju Price Change from 2014-2021

9.4 Middle East & Africa Soju Import and Export from 2014-2021

9.5 Middle East & Africa Soju Market Value ($) and Growth (%) by Type from 2014-2021

9.6 Middle East & Africa Soju Market Value ($) and Growth (%) by Application from 2014-2021

9.7 Middle East & Africa Soju Market Value ($) and Growth (%) by Countries from 2014-2021

9.7.1 Egypt

9.7.2 Saudi Arabia

9.7.3 United Arab Emirates

9.7.4 Nigeria

9.7.5 South Africa

…

9.8 Top Middle East & Africa Soju Participants Value ($) and Market Share (%) in 2020

10. Global Level Competitive Intelligence – Company Profiles

10.1 HiteJinro

10.1.1 HiteJinro Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.1.2 HiteJinro Sales, Value, Gross and Gross Margin from 2014-2021

10.1.3 HiteJinro Value and Growth Change from 2014-2021

10.1.4 HiteJinro Price Change from 2014-2021

10.1.5 HiteJinro Product Offered

10.2 Lotte Liquor

10.2.1 Lotte Liquor Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.2.2 Lotte Liquor Sales, Value, Gross and Gross Margin from 2014-2021

10.2.3 Lotte Liquor Value and Growth Change from 2014-2021

10.2.4 Lotte Liquor Price Change from 2014-2021

10.2.5 Lotte Liquor Product Offered

10.3 Muhak

10.3.1 Muhak Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.3.2 Muhak Sales, Value, Gross and Gross Margin from 2014-2021

10.3.3 Muhak Value and Growth Change from 2014-2021

10.3.4 Muhak Price Change from 2014-2021

10.3.5 Muhak Product Offered

10.4 Kumbokju

10.4.1 Kumbokju Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.4.2 Kumbokju Sales, Value, Gross and Gross Margin from 2014-2021

10.4.3 Kumbokju Value and Growth Change from 2014-2021

10.4.4 Kumbokju Price Change from 2014-2021

10.4.5 Kumbokju Product Offered

10.5 C1 Soju

10.5.1 C1 Soju Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.5.2 C1 Soju Sales, Value, Gross and Gross Margin from 2014-2021

10.5.3 C1 Soju Value and Growth Change from 2014-2021

10.5.4 C1 Soju Price Change from 2014-2021

10.5.5 C1 Soju Product Offered

10.6 bohae

10.6.1 bohae Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.6.2 bohae Sales, Value, Gross and Gross Margin from 2014-2021

10.6.3 bohae Value and Growth Change from 2014-2021

10.6.4 bohae Price Change from 2014-2021

10.6.5 bohae Product Offered

10.7 Chungbuk

10.7.1 Chungbuk Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.7.2 Chungbuk Sales, Value, Gross and Gross Margin from 2014-2021

10.7.3 Chungbuk Value and Growth Change from 2014-2021

10.7.4 Chungbuk Price Change from 2014-2021

10.7.5 Chungbuk Product Offered

10.8 Hallasan

10.8.1 Hallasan Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.8.2 Hallasan Sales, Value, Gross and Gross Margin from 2014-2021

10.8.3 Hallasan Value and Growth Change from 2014-2021

10.8.4 Hallasan Price Change from 2014-2021

10.8.5 Hallasan Product Offered

10.9 Mackiss

10.9.1 Mackiss Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.9.2 Mackiss Sales, Value, Gross and Gross Margin from 2014-2021

10.9.3 Mackiss Value and Growth Change from 2014-2021

10.9.4 Mackiss Price Change from 2014-2021

10.9.5 Mackiss Product Offered

10.10 Andong

10.10.1 Andong Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)

10.10.2 Andong Sales, Value, Gross and Gross Margin from 2014-2021

10.10.3 Andong Value and Growth Change from 2014-2021

10.10.4 Andong Price Change from 2014-2021

10.10.5 Andong Product Offered

11. Market Dynamics

11.1 Driving Factors

11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …

11.1.2 Increasing Use of Soju by Different End-User/Applications

11.2 Restraints and Challenges in the Market

11.3 Opportunities

11.4 Covid-19 Impact/Evaluation

12. Future Forecast of Global Soju Market from 2020-2026

12.1 Future Forecast of Global Soju Market from 2020-2026 Segment by Regions

12.2 Future Forecast of Global Soju Market from 2020-2026 Segment by Type

12.3 Future Forecast of Global Soju Market from 2020-2026 Segment by Application

13. Investment Analysis

13.1 Fundamental Analysis (Porter's Five Forces Analysis)

13.2 Technical Preparation Analysis

13.3 Risk Evaluating Analysis

13.4 Estimated Investment Pay-Back Period

14 Research Methodology

14.1 Research Data

14.1.1 Secondary Data

14.1.2 Primary Data

14.2 Revenue Estimation

14.2.1 Bottom-Up Approach

14.2.2 Top-Down Approach (Involves time, Space, and Persons)

14.3 Data Triangulation

14.4 Assumptions

14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research

14.6 Limitations of Our Study

14.7 Scene Based Modeling

15 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Soju Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
What is the market share of the Soju Market?
The Global Soju Market share by vendor, as well as the concentration rate using the CR4, CR8 Index, determine the strength of competitive players like HiteJinroLotte LiquorMuhakKumbokjuC1 bohaeChungbukHallasanMackissAndong.
How is the competition changing gears in the Soju Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as HiteJinroLotte LiquorMuhakKumbokjuC1 bohaeChungbukHallasanMackissAndong will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What are the major applications for Soju?
Soju has a wide range of applications, including and others.
What is the size of the Soju Industry?
According to the report, the Soju Industry will grow to USD XXX Million by 2030, with a YY% CAGR.
What are the advantages of the Soju Market research study?
The Soju Market research study aids businesses in strategic planning so that they may realize and gain business value from their growth strategies.
How does the Soju Market study reflects the current scenario?
The Soju study focuses on shifting market dynamics, geopolitical and regulatory regulations, and key players' strategies to carefully analyze demand at risk across multiple industry categories.