South Korea Vodka Market Size & Outlook, 2022-2030
South Korea vodka market, 2018-2030 (US$B)
Related Markets
South Korea vodka market highlights
- The South Korea vodka market generated a revenue of USD 0.9 billion in 2022 and is expected to reach USD 1.3 billion by 2030.
- The South Korea market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, non-flavored was the largest revenue generating type in 2022.
- Non-Flavored is the most lucrative type segment registering the fastest growth during the forecast period.
Vodka market data book summary
| Market revenue in 2022 | USD 0.9 billion |
| Market revenue in 2030 | USD 1.3 billion |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Non-flavored |
| Fastest growing segment | Non-Flavored |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Non-Flavored, Flavored |
| Key market players worldwide | Brown-Forman Corp Class A, Diageo PLC, Pernod Ricard SA, Vodka Brands Corp, Constellation Brands Inc Class A, Bacardi, Becle SAB de CV, Distell Group Limited, Stoli |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.5% of the global vodka market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India vodka market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4.5 billion by 2030.
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Vodka Market Scope
Vodka Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea vodka market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vodka market will help companies and investors design strategic landscapes.
Non-flavored was the largest segment with a revenue share of 66.67% in 2022. Horizon Databook has segmented the South Korea vodka market based on non-flavored, flavored covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Vodka Type Outlook (Revenue, USD Billion, 2018-2030)
- Non-Flavored
- Flavored
- South Korea Vodka Distribution Outlook (Revenue, USD Billion, 2018-2030)
- On-trade
- Off-trade
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Target buyers of South Korea vodka market databook
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Our clientele includes a mix of vodka market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea vodka market , including forecasts for subscribers. This country databook contains high-level insights into South Korea vodka market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea vodka market size, by type, 2018-2030 (US$B)
South Korea Vodka Market Outlook Share, 2022 & 2030 (US$B)
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