Soju Market - Global Outlook and Forecast 2022-2028

Publisher Name :
Date: 19-Jan-2022
No. of pages: 73

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.

This report 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.

MARKET MONITOR GLOBAL, INC (MMG) has 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

Soju Market - Global Outlook and Forecast 2022-2028

Table of Contents

1 Introduction to Research & Analysis Reports
1.1 Soju Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Soju Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Soju Overall Market Size
2.1 Global Soju Market Size: 2021 VS 2028
2.2 Global Soju Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Soju Sales: 2017-2028
3 Company Landscape
3.1 Top Soju Players in Global Market
3.2 Top Global Soju Companies Ranked by Revenue
3.3 Global Soju Revenue by Companies
3.4 Global Soju Sales by Companies
3.5 Global Soju Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Soju Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Soju Product Type
3.8 Tier 1, Tier 2 and Tier 3 Soju Players in Global Market
3.8.1 List of Global Tier 1 Soju Companies
3.8.2 List of Global Tier 2 and Tier 3 Soju Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Soju Market Size Markets, 2021 & 2028
4.1.2 Distilled Soju
4.1.3 Diluted Soju
4.2 By Type - Global Soju Revenue & Forecasts
4.2.1 By Type - Global Soju Revenue, 2017-2022
4.2.2 By Type - Global Soju Revenue, 2023-2028
4.2.3 By Type - Global Soju Revenue Market Share, 2017-2028
4.3 By Type - Global Soju Sales & Forecasts
4.3.1 By Type - Global Soju Sales, 2017-2022
4.3.2 By Type - Global Soju Sales, 2023-2028
4.3.3 By Type - Global Soju Sales Market Share, 2017-2028
4.4 By Type - Global Soju Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Soju Market Size, 2021 & 2028
5.1.2 Below 20 Years Old
5.1.3 20-40 Years Old
5.1.4 40-60 Years Old
5.1.5 Above 60 Years Old
5.2 By Application - Global Soju Revenue & Forecasts
5.2.1 By Application - Global Soju Revenue, 2017-2022
5.2.2 By Application - Global Soju Revenue, 2023-2028
5.2.3 By Application - Global Soju Revenue Market Share, 2017-2028
5.3 By Application - Global Soju Sales & Forecasts
5.3.1 By Application - Global Soju Sales, 2017-2022
5.3.2 By Application - Global Soju Sales, 2023-2028
5.3.3 By Application - Global Soju Sales Market Share, 2017-2028
5.4 By Application - Global Soju Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Soju Market Size, 2021 & 2028
6.2 By Region - Global Soju Revenue & Forecasts
6.2.1 By Region - Global Soju Revenue, 2017-2022
6.2.2 By Region - Global Soju Revenue, 2023-2028
6.2.3 By Region - Global Soju Revenue Market Share, 2017-2028
6.3 By Region - Global Soju Sales & Forecasts
6.3.1 By Region - Global Soju Sales, 2017-2022
6.3.2 By Region - Global Soju Sales, 2023-2028
6.3.3 By Region - Global Soju Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Soju Revenue, 2017-2028
6.4.2 By Country - North America Soju Sales, 2017-2028
6.4.3 US Soju Market Size, 2017-2028
6.4.4 Canada Soju Market Size, 2017-2028
6.4.5 Mexico Soju Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Soju Revenue, 2017-2028
6.5.2 By Country - Europe Soju Sales, 2017-2028
6.5.3 Germany Soju Market Size, 2017-2028
6.5.4 France Soju Market Size, 2017-2028
6.5.5 U.K. Soju Market Size, 2017-2028
6.5.6 Italy Soju Market Size, 2017-2028
6.5.7 Russia Soju Market Size, 2017-2028
6.5.8 Nordic Countries Soju Market Size, 2017-2028
6.5.9 Benelux Soju Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Soju Revenue, 2017-2028
6.6.2 By Region - Asia Soju Sales, 2017-2028
6.6.3 China Soju Market Size, 2017-2028
6.6.4 Japan Soju Market Size, 2017-2028
6.6.5 South Korea Soju Market Size, 2017-2028
6.6.6 Southeast Asia Soju Market Size, 2017-2028
6.6.7 India Soju Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Soju Revenue, 2017-2028
6.7.2 By Country - South America Soju Sales, 2017-2028
6.7.3 Brazil Soju Market Size, 2017-2028
6.7.4 Argentina Soju Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Soju Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Soju Sales, 2017-2028
6.8.3 Turkey Soju Market Size, 2017-2028
6.8.4 Israel Soju Market Size, 2017-2028
6.8.5 Saudi Arabia Soju Market Size, 2017-2028
6.8.6 UAE Soju Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 HiteJinro
7.1.1 HiteJinro Corporate Summary
7.1.2 HiteJinro Business Overview
7.1.3 HiteJinro Soju Major Product Offerings
7.1.4 HiteJinro Soju Sales and Revenue in Global (2017-2022)
7.1.5 HiteJinro Key News
7.2 Lotte Liquor
7.2.1 Lotte Liquor Corporate Summary
7.2.2 Lotte Liquor Business Overview
7.2.3 Lotte Liquor Soju Major Product Offerings
7.2.4 Lotte Liquor Soju Sales and Revenue in Global (2017-2022)
7.2.5 Lotte Liquor Key News
7.3 Muhak
7.3.1 Muhak Corporate Summary
7.3.2 Muhak Business Overview
7.3.3 Muhak Soju Major Product Offerings
7.3.4 Muhak Soju Sales and Revenue in Global (2017-2022)
7.3.5 Muhak Key News
7.4 Kumbokju
7.4.1 Kumbokju Corporate Summary
7.4.2 Kumbokju Business Overview
7.4.3 Kumbokju Soju Major Product Offerings
7.4.4 Kumbokju Soju Sales and Revenue in Global (2017-2022)
7.4.5 Kumbokju Key News
7.5 C1 Soju
7.5.1 C1 Soju Corporate Summary
7.5.2 C1 Soju Business Overview
7.5.3 C1 Soju Soju Major Product Offerings
7.5.4 C1 Soju Soju Sales and Revenue in Global (2017-2022)
7.5.5 C1 Soju Key News
7.6 bohae
7.6.1 bohae Corporate Summary
7.6.2 bohae Business Overview
7.6.3 bohae Soju Major Product Offerings
7.6.4 bohae Soju Sales and Revenue in Global (2017-2022)
7.6.5 bohae Key News
7.7 Chungbuk
7.7.1 Chungbuk Corporate Summary
7.7.2 Chungbuk Business Overview
7.7.3 Chungbuk Soju Major Product Offerings
7.7.4 Chungbuk Soju Sales and Revenue in Global (2017-2022)
7.7.5 Chungbuk Key News
7.8 Hallasan
7.8.1 Hallasan Corporate Summary
7.8.2 Hallasan Business Overview
7.8.3 Hallasan Soju Major Product Offerings
7.8.4 Hallasan Soju Sales and Revenue in Global (2017-2022)
7.8.5 Hallasan Key News
7.9 Mackiss
7.9.1 Mackiss Corporate Summary
7.9.2 Mackiss Business Overview
7.9.3 Mackiss Soju Major Product Offerings
7.9.4 Mackiss Soju Sales and Revenue in Global (2017-2022)
7.9.5 Mackiss Key News
7.10 Andong
7.10.1 Andong Corporate Summary
7.10.2 Andong Business Overview
7.10.3 Andong Soju Major Product Offerings
7.10.4 Andong Soju Sales and Revenue in Global (2017-2022)
7.10.5 Andong Key News
8 Global Soju Production Capacity, Analysis
8.1 Global Soju Production Capacity, 2017-2028
8.2 Soju Production Capacity of Key Manufacturers in Global Market
8.3 Global Soju Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Soju Supply Chain Analysis
10.1 Soju Industry Value Chain
10.2 Soju Upstream Market
10.3 Soju Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Soju Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

List of Tables
Table 1. Key Players of Soju in Global Market
Table 2. Top Soju Players in Global Market, Ranking by Revenue (2021)
Table 3. Global Soju Revenue by Companies, (US$, Mn), 2017-2022
Table 4. Global Soju Revenue Share by Companies, 2017-2022
Table 5. Global Soju Sales by Companies, (M Bottles), 2017-2022
Table 6. Global Soju Sales Share by Companies, 2017-2022
Table 7. Key Manufacturers Soju Price (2017-2022) & (USD/Bottle)
Table 8. Global Manufacturers Soju Product Type
Table 9. List of Global Tier 1 Soju Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Soju Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type - Global Soju Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Global Soju Revenue (US$, Mn), 2017-2022
Table 13. By Type - Global Soju Revenue (US$, Mn), 2023-2028
Table 14. By Type - Global Soju Sales (M Bottles), 2017-2022
Table 15. By Type - Global Soju Sales (M Bottles), 2023-2028
Table 16. By Application - Global Soju Revenue, (US$, Mn), 2021 & 2028
Table 17. By Application - Global Soju Revenue (US$, Mn), 2017-2022
Table 18. By Application - Global Soju Revenue (US$, Mn), 2023-2028
Table 19. By Application - Global Soju Sales (M Bottles), 2017-2022
Table 20. By Application - Global Soju Sales (M Bottles), 2023-2028
Table 21. By Region - Global Soju Revenue, (US$, Mn), 2021 VS 2028
Table 22. By Region - Global Soju Revenue (US$, Mn), 2017-2022
Table 23. By Region - Global Soju Revenue (US$, Mn), 2023-2028
Table 24. By Region - Global Soju Sales (M Bottles), 2017-2022
Table 25. By Region - Global Soju Sales (M Bottles), 2023-2028
Table 26. By Country - North America Soju Revenue, (US$, Mn), 2017-2022
Table 27. By Country - North America Soju Revenue, (US$, Mn), 2023-2028
Table 28. By Country - North America Soju Sales, (M Bottles), 2017-2022
Table 29. By Country - North America Soju Sales, (M Bottles), 2023-2028
Table 30. By Country - Europe Soju Revenue, (US$, Mn), 2017-2022
Table 31. By Country - Europe Soju Revenue, (US$, Mn), 2023-2028
Table 32. By Country - Europe Soju Sales, (M Bottles), 2017-2022
Table 33. By Country - Europe Soju Sales, (M Bottles), 2023-2028
Table 34. By Region - Asia Soju Revenue, (US$, Mn), 2017-2022
Table 35. By Region - Asia Soju Revenue, (US$, Mn), 2023-2028
Table 36. By Region - Asia Soju Sales, (M Bottles), 2017-2022
Table 37. By Region - Asia Soju Sales, (M Bottles), 2023-2028
Table 38. By Country - South America Soju Revenue, (US$, Mn), 2017-2022
Table 39. By Country - South America Soju Revenue, (US$, Mn), 2023-2028
Table 40. By Country - South America Soju Sales, (M Bottles), 2017-2022
Table 41. By Country - South America Soju Sales, (M Bottles), 2023-2028
Table 42. By Country - Middle East & Africa Soju Revenue, (US$, Mn), 2017-2022
Table 43. By Country - Middle East & Africa Soju Revenue, (US$, Mn), 2023-2028
Table 44. By Country - Middle East & Africa Soju Sales, (M Bottles), 2017-2022
Table 45. By Country - Middle East & Africa Soju Sales, (M Bottles), 2023-2028
Table 46. HiteJinro Corporate Summary
Table 47. HiteJinro Soju Product Offerings
Table 48. HiteJinro Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 49. Lotte Liquor Corporate Summary
Table 50. Lotte Liquor Soju Product Offerings
Table 51. Lotte Liquor Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 52. Muhak Corporate Summary
Table 53. Muhak Soju Product Offerings
Table 54. Muhak Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 55. Kumbokju Corporate Summary
Table 56. Kumbokju Soju Product Offerings
Table 57. Kumbokju Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 58. C1 Soju Corporate Summary
Table 59. C1 Soju Soju Product Offerings
Table 60. C1 Soju Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 61. bohae Corporate Summary
Table 62. bohae Soju Product Offerings
Table 63. bohae Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 64. Chungbuk Corporate Summary
Table 65. Chungbuk Soju Product Offerings
Table 66. Chungbuk Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 67. Hallasan Corporate Summary
Table 68. Hallasan Soju Product Offerings
Table 69. Hallasan Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 70. Mackiss Corporate Summary
Table 71. Mackiss Soju Product Offerings
Table 72. Mackiss Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 73. Andong Corporate Summary
Table 74. Andong Soju Product Offerings
Table 75. Andong Soju Sales (M Bottles), Revenue (US$, Mn) and Average Price (USD/Bottle) (2017-2022)
Table 76. Soju Production Capacity (M Bottles) of Key Manufacturers in Global Market, 2020-2022 (M Bottles)
Table 77. Global Soju Capacity Market Share of Key Manufacturers, 2020-2022
Table 78. Global Soju Production by Region, 2017-2022 (M Bottles)
Table 79. Global Soju Production by Region, 2023-2028 (M Bottles)
Table 80. Soju Market Opportunities & Trends in Global Market
Table 81. Soju Market Drivers in Global Market
Table 82. Soju Market Restraints in Global Market
Table 83. Soju Raw Materials
Table 84. Soju Raw Materials Suppliers in Global Market
Table 85. Typical Soju Downstream
Table 86. Soju Downstream Clients in Global Market
Table 87. Soju Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Soju Segment by Type
Figure 2. Soju Segment by Application
Figure 3. Global Soju Market Overview: 2020
Figure 4. Key Caveats
Figure 5. Global Soju Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Soju Revenue, 2017-2028 (US$, Mn)
Figure 7. Soju Sales in Global Market: 2017-2028 (M Bottles)
Figure 8. The Top 3 and 5 Players Market Share by Soju Revenue in 2021
Figure 9. By Type - Global Soju Sales Market Share, 2017-2028
Figure 10. By Type - Global Soju Revenue Market Share, 2017-2028
Figure 11. By Type - Global Soju Price (USD/Bottle), 2017-2028
Figure 12. By Application - Global Soju Sales Market Share, 2017-2028
Figure 13. By Application - Global Soju Revenue Market Share, 2017-2028
Figure 14. By Application - Global Soju Price (USD/Bottle), 2017-2028
Figure 15. By Region - Global Soju Sales Market Share, 2017-2028
Figure 16. By Region - Global Soju Revenue Market Share, 2017-2028
Figure 17. By Country - North America Soju Revenue Market Share, 2017-2028
Figure 18. By Country - North America Soju Sales Market Share, 2017-2028
Figure 19. US Soju Revenue, (US$, Mn), 2017-2028
Figure 20. Canada Soju Revenue, (US$, Mn), 2017-2028
Figure 21. Mexico Soju Revenue, (US$, Mn), 2017-2028
Figure 22. By Country - Europe Soju Revenue Market Share, 2017-2028
Figure 23. By Country - Europe Soju Sales Market Share, 2017-2028
Figure 24. Germany Soju Revenue, (US$, Mn), 2017-2028
Figure 25. France Soju Revenue, (US$, Mn), 2017-2028
Figure 26. U.K. Soju Revenue, (US$, Mn), 2017-2028
Figure 27. Italy Soju Revenue, (US$, Mn), 2017-2028
Figure 28. Russia Soju Revenue, (US$, Mn), 2017-2028
Figure 29. Nordic Countries Soju Revenue, (US$, Mn), 2017-2028
Figure 30. Benelux Soju Revenue, (US$, Mn), 2017-2028
Figure 31. By Region - Asia Soju Revenue Market Share, 2017-2028
Figure 32. By Region - Asia Soju Sales Market Share, 2017-2028
Figure 33. China Soju Revenue, (US$, Mn), 2017-2028
Figure 34. Japan Soju Revenue, (US$, Mn), 2017-2028
Figure 35. South Korea Soju Revenue, (US$, Mn), 2017-2028
Figure 36. Southeast Asia Soju Revenue, (US$, Mn), 2017-2028
Figure 37. India Soju Revenue, (US$, Mn), 2017-2028
Figure 38. By Country - South America Soju Revenue Market Share, 2017-2028
Figure 39. By Country - South America Soju Sales Market Share, 2017-2028
Figure 40. Brazil Soju Revenue, (US$, Mn), 2017-2028
Figure 41. Argentina Soju Revenue, (US$, Mn), 2017-2028
Figure 42. By Country - Middle East & Africa Soju Revenue Market Share, 2017-2028
Figure 43. By Country - Middle East & Africa Soju Sales Market Share, 2017-2028
Figure 44. Turkey Soju Revenue, (US$, Mn), 2017-2028
Figure 45. Israel Soju Revenue, (US$, Mn), 2017-2028
Figure 46. Saudi Arabia Soju Revenue, (US$, Mn), 2017-2028
Figure 47. UAE Soju Revenue, (US$, Mn), 2017-2028
Figure 48. Global Soju Production Capacity (M Bottles), 2017-2028
Figure 49. The Percentage of Production Soju by Region, 2020 VS 2027
Figure 50. Soju Industry Value Chain
Figure 51. Marketing Channels
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