Korea's Alcoholic Beverage Output Falls to 27-Year Low in 2025 Amid Shifting Drinking Trends
4 Articles
4 Articles
Major domestic and international liquor companies are cutting costs due to deteriorating profitability, seeking breakthroughs from sluggish domestic demand and changing trends such as low-alcohol, non-alcoholic beverages, and exports. As the contraction of the domestic liquor market becomes prolonged, the performance of major liquor companies is rapidly deteriorating. Beer and soju, etc.
(Seoul = Yonhap News) Reporter Hong Kuk-ki = Domestic alcohol shipments have fallen below 3 million kiloliters for the first time in 27 years.
Domestic alcohol shipments have fallen below 3 million kiloliters for the first time in 27 years. Beer and soju have continued to decline for three consecutive years since 2022, while takju (makgeolli) has been on a downward trend for the fifth year.
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