South Korea Baijiu Market Size & Outlook, 2025-2033
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South Korea baijiu market highlights
- The South Korea baijiu market generated a revenue of USD 1,717.3 million in 2024 and is expected to reach USD 3,014.0 million by 2033.
- The South Korea market is expected to grow at a CAGR of 6.4% from 2025 to 2033.
- In terms of segment, economy was the largest revenue generating price point in 2024.
- Ultra-Premium is the most lucrative price point segment registering the fastest growth during the forecast period.
Baijiu market data book summary
| Market revenue in 2024 | USD 1,717.3 million |
| Market revenue in 2033 | USD 3,014.0 million |
| Growth rate | 6.4% (CAGR from 2025 to 2033) |
| Largest segment | Economy |
| Fastest growing segment | Ultra-Premium |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Economy, Mid-Premium, Super-Premium, Ultra-Premium |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.1% of the global baijiu market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China baijiu market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 716.9 million by 2033.
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Baijiu Market Scope
Baijiu Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| JIANGXIAOBAI | View profile | 1001-5000 | Chongqing, Heilongjiang, China, Asia | http://jiangjidistillery.com |
| SHEDE SPIRITS | View profile | 5001-10000 | Shehong, Sichuan, China, Asia | http://en.tuopaishede.cn/ |
| Anhui Gujing Distillery | View profile | 10001+ | Bozhou, Anhui, China, Asia | http://www.gujing.com |
| Jiangsu Yanghe Brewery | View profile | 10001+ | Suqian, Jiangsu, China, Asia | https://www.chinayanghe.com/ |
| Luzhou Laojiao | View profile | 1001-5000 | Luzhou, Guangdong, China, Asia | https://www.lzlj.com |
| Wuliangye Yibin | View profile | 10001+ | Yibin, Sichuan, China, Asia | https://www.wuliangye.com.cn |
| Kweichow Moutai | View profile | 10001+ | Motai, Guizhou, China, Asia | https://www.moutaichina.com |
| Diageo PLC | View profile | 30269 | 16 Great Marlborough Street, London, United Kingdom, W1F 7HS | https://www.diageo.com |
South Korea baijiu 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 baijiu market will help companies and investors design strategic landscapes.
Economy was the largest segment with a revenue share of 48.12% in 2024. Horizon Databook has segmented the South Korea baijiu market based on economy, mid-premium, super-premium, ultra-premium covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of South Korea baijiu market databook
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Our clientele includes a mix of baijiu 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 baijiu market , including forecasts for subscribers. This country databook contains high-level insights into South Korea baijiu market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea baijiu market size, by price point, 2021-2033 (US$M)
South Korea Baijiu Market Outlook Share, 2024 & 2033 (US$M)
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