South Korea Gin Market Size & Outlook, 2022-2030
South Korea gin market, 2018-2030 (US$B)
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South Korea gin market highlights
- The South Korea gin market generated a revenue of USD 0.3 billion in 2022 and is expected to reach USD 0.5 billion by 2030.
- The South Korea market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, on-trade was the largest revenue generating distribution in 2022.
- On-trade is the most lucrative distribution segment registering the fastest growth during the forecast period.
Gin market data book summary
| Market revenue in 2022 | USD 0.3 billion |
| Market revenue in 2030 | USD 0.5 billion |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | On-trade |
| Fastest growing segment | On-trade |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | On-trade, Off-trade |
| Key market players worldwide | Diageo PLC, Pernod Ricard SA, San Miguel Corp, Brown-Forman Corp Class A, Suntory Beverage & Food Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.6% of the global gin market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India gin 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 1.6 billion by 2030.
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Gin Market Scope
Gin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea gin 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 gin market will help companies and investors design strategic landscapes.
On-trade was the largest segment with a revenue share of 66.67% in 2022. Horizon Databook has segmented the South Korea gin market based on on-trade, off-trade covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Gin Distribution Outlook (Revenue, USD Billion, 2018-2030)
- On-trade
- Off-trade
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Target buyers of South Korea gin market databook
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Our clientele includes a mix of gin market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea gin market , including forecasts for subscribers. This country databook contains high-level insights into South Korea gin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea gin market size, by distribution, 2018-2030 (US$B)
South Korea Gin Market Outlook Share, 2022 & 2030 (US$B)
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