Latin America Soju Market Size & Outlook, 2025-2030
The soju market in Latin America is expected to reach a projected revenue of US$ 987.1 million by 2030. A compound annual growth rate of 4.9% is expected of Latin America soju market from 2025 to 2030.
Revenue, 2024 (US$M)
$743.2
Forecast, 2030 (US$M)
$987.1
CAGR, 2025 - 2030
4.9%
Report Coverage
Latin America
Related Markets
Latin America soju market highlights
- The Latin America soju market generated a revenue of USD 743.2 million in 2024.
- The market is expected to grow at a CAGR of 4.9% from 2025 to 2030.
- In terms of segment, bottles was the largest revenue generating packaging in 2024.
- Bottles is the most lucrative packaging segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 743.2 million |
| Market revenue in 2030 | USD 987.1 million |
| Growth rate | 4.9% (CAGR from 2025 to 2030) |
| Largest segment | Bottles |
| Fastest growing segment | Bottles |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bottles, Cartons |
| Key market players worldwide | HITEJINRO CO, Lotte Chilsung Beverage, Korea Alcohol Industrial, Over The Hand, The Han |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.3% of the global soju market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,634.9 million by 2030.
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Soju Market Scope
Soju market segmentation & scope
Others
Soju Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| The Han | View profile | 11-50 | Incheon, Inch'on-jikhalsi, South Korea, Asia | http://www.thehan.net/ |
| Korea Alcohol Industrial | View profile | 101-250 | Yongin, Ch'ungch'ong-namdo, South Korea, Asia | http://www.ka.co.kr |
| HITEJINRO CO | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://en.hitejinro.com/ |
| Lotte Chilsung Beverage | View profile | 5001-10000 | Songpadong, Seoul-t'ukpyolsi, South Korea, Asia | https://company.lottechilsung.co.kr/ |
| Over The Hand | View profile | - | Mapo, Seoul-t'ukpyolsi, South Korea, Asia | https://www.overthehand.com |
Latin America soju market size, by country, 2018-2030 (US$M)
Latin America Soju Market Outlook Share, 2024 & 2030 (US$M)
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