South Korea Alcoholic Beverages Market 2025

The South Korea alcoholic beverages market is expected to experience robust growth, with a projected increase of USD 16.1 billion and a CAGR of approximately 6.1% throughout the forecast period. In South Korea, the alcoholic beverages market is experiencing steady growth, with beer, soju, and whiskey being the most consumed alcoholic beverages. The younger population’s preference for premium and imported spirits is driving demand, while the growing popularity of social drinking and karaoke culture is encouraging regular alcohol consumption. Additionally, health-conscious trends are influencing the growth of low-alcohol and functional beverages.

This report provides a comprehensive analysis of the South Korea alcoholic beverages market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product, packaging type and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.

Market Segmentation

The segmentation of the South Korea alcoholic beverages market is outlined below:
Product: beer, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, others

In South Korea, the alcoholic beverages market is segmented by product, packaging type and distribution channel. By product, it includes beer, RTDs, spirits, and wine. Packaging type segments encompass glass bottles, metal cans, and others. Distribution channel segments cover convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, e-commerce, and others.

Competitive Landscape

The competitive landscape of the alcoholic beverages market features leading companies such as Tsingtao Brewery Co. Ltd., Seoul Takju Manufacturers Association, Pusan Takju Association, Muhak Co. Ltd., Lotte Corporation, Kumbokju Co. Ltd., Kooksoondang Brewery Co. Ltd., HITEJINRO CO. LTD., Heineken N.V., Daesun Distilling Co. Ltd., Bohae Brewery Co. Ltd., Asahi Group Holdings Ltd. and AB InBev.

This report presents an extensive analysis of major entities in the alcoholic beverages market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Korea alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the South Korea alcoholic beverages market: product, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea alcoholic beverages market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
South Korea Alcoholic Beverages Market – Product Analysis
South Korea Alcoholic Beverages Market – Packaging Type Analysis
South Korea Alcoholic Beverages Market – Distribution Channel Analysis
Company Shares Analysis
Tsingtao Brewery Co., Ltd.
Seoul Takju Manufacturers Association
Pusan Takju Association
Muhak Co., Ltd.
Lotte Corporation
Kumbokju Co., Ltd.
Kooksoondang Brewery Co., Ltd.
HITEJINRO CO., LTD.
Heineken N.V.
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table South Korea Alcoholic Beverages Market 2020-2030
Chart South Korea Alcoholic Beverages Market, Net Growth, 2020-2030
Chart South Korea Alcoholic Beverages Market, Growth Rates, 2020-2030
Table South Korea Alcoholic Beverages Market by Product, 2020-2030
Chart South Korea Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2020-2030
Chart South Korea Alcoholic Beverages Market by Product, 2020-2030
Table South Korea Alcoholic Beverages Market by Packaging Type, 2020-2030
Chart South Korea Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Alcoholic Beverages Market by Packaging Type, 2020-2030
Table South Korea Alcoholic Beverages Market by Distribution Channel, 2020-2030
Chart South Korea Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Alcoholic Beverages Market by Distribution Channel, 2020-2030
Table South Korea Alcoholic Beverages Market Share (%), by Companies, 2020-2024
Chart South Korea Alcoholic Beverages Market, by Companies, 2024
Table South Korea Alcoholic Beverages Market Share (%), by Brands, 2020-2024
Chart South Korea Alcoholic Beverages Market, by Brands, 2024
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Alcoholic Beverages Market: Spend as a Proportion of GDP (%)
Table South Korea Alcoholic Beverages Market: Consumption per Capita (Population)

Companies Mentioned

Tsingtao Brewery Co., Ltd.
Seoul Takju Manufacturers Association
Pusan Takju Association
Muhak Co., Ltd.
Lotte Corporation
Kumbokju Co., Ltd.
Kooksoondang Brewery Co., Ltd.
HITEJINRO CO., LTD.
Heineken N.V.
Daesun Distilling Co., Ltd.
Bohae Brewery Co., Ltd.
Asahi Group Holdings, Ltd.
AB InBev