Business Industry

Global Soju Market Emerging Trends and Strong Application Scope by 2024

Press Release

MarketResearchNest Reports adds “Global Soju Market Growth 2019-2024”new report to its research database. The report spread across 132 pages with multiple tables and figures in it.

This comprehensive Soju Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.

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.

There are two kinds of Soju that one is distilled and the other is diluted. Korean Soju has been manufacturing by diluted way which is different from that of Whisky or Brandy. Usually, Soju has 25% proof of alcohol whereas under 20% proof-soju has become more and more famous.

According to this study, over the next five years the Soju market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019.

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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, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report

HiteJinro

Lotte Liquor

Muhak

Kumbokju

C1 Soju

bohae

Chungbuk

Hallasan

Mackiss

Andong

Segmentation by product type:

Distilled Soju

Diluted Soju

Segmentation by application:

Below 20 Years Old

20-40 Years Old

40-60 Years Old

Above 60 Years Old

Browse full table of contents and data tables Copy @

https://www.marketresearchnest.com/Global-Soju-Market-Growth-2019-2024.html

Research objectives

  • To study and analyze the global Soju consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Soju market by identifying its various subsegments.
  • Focuses on the key global Soju manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Soju with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Soju submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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