Global Soju Market Growth 2024-2030

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Soju Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Soju by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Soju by Country/Region, 2019, 2023 & 2030
2.2 Soju Segment by Type
2.2.1 Distilled Soju
2.2.2 Diluted Soju
2.3 Soju Sales by Type
2.3.1 Global Soju Sales Market Share by Type (2019-2024)
2.3.2 Global Soju Revenue and Market Share by Type (2019-2024)
2.3.3 Global Soju Sale Price by Type (2019-2024)
2.4 Soju Segment by Application
2.4.1 Below 20 Years Old
2.4.2 20-40 Years Old
2.4.3 40-60 Years Old
2.4.4 Above 60 Years Old
2.5 Soju Sales by Application
2.5.1 Global Soju Sale Market Share by Application (2019-2024)
2.5.2 Global Soju Revenue and Market Share by Application (2019-2024)
2.5.3 Global Soju Sale Price by Application (2019-2024)
3 Global Soju by Company
3.1 Global Soju Breakdown Data by Company
3.1.1 Global Soju Annual Sales by Company (2019-2024)
3.1.2 Global Soju Sales Market Share by Company (2019-2024)
3.2 Global Soju Annual Revenue by Company (2019-2024)
3.2.1 Global Soju Revenue by Company (2019-2024)
3.2.2 Global Soju Revenue Market Share by Company (2019-2024)
3.3 Global Soju Sale Price by Company
3.4 Key Manufacturers Soju Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Soju Product Location Distribution
3.4.2 Players Soju Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Soju by Geographic Region
4.1 World Historic Soju Market Size by Geographic Region (2019-2024)
4.1.1 Global Soju Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Soju Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Soju Market Size by Country/Region (2019-2024)
4.2.1 Global Soju Annual Sales by Country/Region (2019-2024)
4.2.2 Global Soju Annual Revenue by Country/Region (2019-2024)
4.3 Americas Soju Sales Growth
4.4 APAC Soju Sales Growth
4.5 Europe Soju Sales Growth
4.6 Middle East & Africa Soju Sales Growth
5 Americas
5.1 Americas Soju Sales by Country
5.1.1 Americas Soju Sales by Country (2019-2024)
5.1.2 Americas Soju Revenue by Country (2019-2024)
5.2 Americas Soju Sales by Type
5.3 Americas Soju Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Soju Sales by Region
6.1.1 APAC Soju Sales by Region (2019-2024)
6.1.2 APAC Soju Revenue by Region (2019-2024)
6.2 APAC Soju Sales by Type
6.3 APAC Soju Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Soju by Country
7.1.1 Europe Soju Sales by Country (2019-2024)
7.1.2 Europe Soju Revenue by Country (2019-2024)
7.2 Europe Soju Sales by Type
7.3 Europe Soju Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Soju by Country
8.1.1 Middle East & Africa Soju Sales by Country (2019-2024)
8.1.2 Middle East & Africa Soju Revenue by Country (2019-2024)
8.2 Middle East & Africa Soju Sales by Type
8.3 Middle East & Africa Soju Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Soju
10.3 Manufacturing Process Analysis of Soju
10.4 Industry Chain Structure of Soju
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Soju Distributors
11.3 Soju Customer
12 World Forecast Review for Soju by Geographic Region
12.1 Global Soju Market Size Forecast by Region
12.1.1 Global Soju Forecast by Region (2025-2030)
12.1.2 Global Soju Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Soju Forecast by Type
12.7 Global Soju Forecast by Application
13 Key Players Analysis
13.1 HiteJinro
13.1.1 HiteJinro Company Information
13.1.2 HiteJinro Soju Product Portfolios and Specifications
13.1.3 HiteJinro Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 HiteJinro Main Business Overview
13.1.5 HiteJinro Latest Developments
13.2 Lotte Liquor
13.2.1 Lotte Liquor Company Information
13.2.2 Lotte Liquor Soju Product Portfolios and Specifications
13.2.3 Lotte Liquor Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Lotte Liquor Main Business Overview
13.2.5 Lotte Liquor Latest Developments
13.3 Muhak
13.3.1 Muhak Company Information
13.3.2 Muhak Soju Product Portfolios and Specifications
13.3.3 Muhak Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Muhak Main Business Overview
13.3.5 Muhak Latest Developments
13.4 Kumbokju
13.4.1 Kumbokju Company Information
13.4.2 Kumbokju Soju Product Portfolios and Specifications
13.4.3 Kumbokju Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Kumbokju Main Business Overview
13.4.5 Kumbokju Latest Developments
13.5 C1 Soju
13.5.1 C1 Soju Company Information
13.5.2 C1 Soju Soju Product Portfolios and Specifications
13.5.3 C1 Soju Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 C1 Soju Main Business Overview
13.5.5 C1 Soju Latest Developments
13.6 bohae
13.6.1 bohae Company Information
13.6.2 bohae Soju Product Portfolios and Specifications
13.6.3 bohae Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 bohae Main Business Overview
13.6.5 bohae Latest Developments
13.7 Chungbuk
13.7.1 Chungbuk Company Information
13.7.2 Chungbuk Soju Product Portfolios and Specifications
13.7.3 Chungbuk Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Chungbuk Main Business Overview
13.7.5 Chungbuk Latest Developments
13.8 Hallasan
13.8.1 Hallasan Company Information
13.8.2 Hallasan Soju Product Portfolios and Specifications
13.8.3 Hallasan Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Hallasan Main Business Overview
13.8.5 Hallasan Latest Developments
13.9 Mackiss
13.9.1 Mackiss Company Information
13.9.2 Mackiss Soju Product Portfolios and Specifications
13.9.3 Mackiss Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Mackiss Main Business Overview
13.9.5 Mackiss Latest Developments
13.10 Andong
13.10.1 Andong Company Information
13.10.2 Andong Soju Product Portfolios and Specifications
13.10.3 Andong Soju Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Andong Main Business Overview
13.10.5 Andong Latest Developments
14 Research Findings and Conclusion

List of Tables
Table 1. Soju Annual Sales CAGR by Geographic Region (2019, 2023 & 2030) & ($ millions)
Table 2. Soju Annual Sales CAGR by Country/Region (2019, 2023 & 2030) & ($ millions)
Table 3. Major Players of Distilled Soju
Table 4. Major Players of Diluted Soju
Table 5. Global Soju Sales by Type (2019-2024) & (M Bottles)
Table 6. Global Soju Sales Market Share by Type (2019-2024)
Table 7. Global Soju Revenue by Type (2019-2024) & ($ million)
Table 8. Global Soju Revenue Market Share by Type (2019-2024)
Table 9. Global Soju Sale Price by Type (2019-2024) & (USD/Bottle)
Table 10. Global Soju Sales by Application (2019-2024) & (M Bottles)
Table 11. Global Soju Sales Market Share by Application (2019-2024)
Table 12. Global Soju Revenue by Application (2019-2024)
Table 13. Global Soju Revenue Market Share by Application (2019-2024)
Table 14. Global Soju Sale Price by Application (2019-2024) & (USD/Bottle)
Table 15. Global Soju Sales by Company (2019-2024) & (M Bottles)
Table 16. Global Soju Sales Market Share by Company (2019-2024)
Table 17. Global Soju Revenue by Company (2019-2024) ($ Millions)
Table 18. Global Soju Revenue Market Share by Company (2019-2024)
Table 19. Global Soju Sale Price by Company (2019-2024) & (USD/Bottle)
Table 20. Key Manufacturers Soju Producing Area Distribution and Sales Area
Table 21. Players Soju Products Offered
Table 22. Soju Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
Table 23. New Products and Potential Entrants
Table 24. Mergers & Acquisitions, Expansion
Table 25. Global Soju Sales by Geographic Region (2019-2024) & (M Bottles)
Table 26. Global Soju Sales Market Share Geographic Region (2019-2024)
Table 27. Global Soju Revenue by Geographic Region (2019-2024) & ($ millions)
Table 28. Global Soju Revenue Market Share by Geographic Region (2019-2024)
Table 29. Global Soju Sales by Country/Region (2019-2024) & (M Bottles)
Table 30. Global Soju Sales Market Share by Country/Region (2019-2024)
Table 31. Global Soju Revenue by Country/Region (2019-2024) & ($ millions)
Table 32. Global Soju Revenue Market Share by Country/Region (2019-2024)
Table 33. Americas Soju Sales by Country (2019-2024) & (M Bottles)
Table 34. Americas Soju Sales Market Share by Country (2019-2024)
Table 35. Americas Soju Revenue by Country (2019-2024) & ($ Millions)
Table 36. Americas Soju Revenue Market Share by Country (2019-2024)
Table 37. Americas Soju Sales by Type (2019-2024) & (M Bottles)
Table 38. Americas Soju Sales by Application (2019-2024) & (M Bottles)
Table 39. APAC Soju Sales by Region (2019-2024) & (M Bottles)
Table 40. APAC Soju Sales Market Share by Region (2019-2024)
Table 41. APAC Soju Revenue by Region (2019-2024) & ($ Millions)
Table 42. APAC Soju Revenue Market Share by Region (2019-2024)
Table 43. APAC Soju Sales by Type (2019-2024) & (M Bottles)
Table 44. APAC Soju Sales by Application (2019-2024) & (M Bottles)
Table 45. Europe Soju Sales by Country (2019-2024) & (M Bottles)
Table 46. Europe Soju Sales Market Share by Country (2019-2024)
Table 47. Europe Soju Revenue by Country (2019-2024) & ($ Millions)
Table 48. Europe Soju Revenue Market Share by Country (2019-2024)
Table 49. Europe Soju Sales by Type (2019-2024) & (M Bottles)
Table 50. Europe Soju Sales by Application (2019-2024) & (M Bottles)
Table 51. Middle East & Africa Soju Sales by Country (2019-2024) & (M Bottles)
Table 52. Middle East & Africa Soju Sales Market Share by Country (2019-2024)
Table 53. Middle East & Africa Soju Revenue by Country (2019-2024) & ($ Millions)
Table 54. Middle East & Africa Soju Revenue Market Share by Country (2019-2024)
Table 55. Middle East & Africa Soju Sales by Type (2019-2024) & (M Bottles)
Table 56. Middle East & Africa Soju Sales by Application (2019-2024) & (M Bottles)
Table 57. Key Market Drivers & Growth Opportunities of Soju
Table 58. Key Market Challenges & Risks of Soju
Table 59. Key Industry Trends of Soju
Table 60. Soju Raw Material
Table 61. Key Suppliers of Raw Materials
Table 62. Soju Distributors List
Table 63. Soju Customer List
Table 64. Global Soju Sales Forecast by Region (2025-2030) & (M Bottles)
Table 65. Global Soju Revenue Forecast by Region (2025-2030) & ($ millions)
Table 66. Americas Soju Sales Forecast by Country (2025-2030) & (M Bottles)
Table 67. Americas Soju Revenue Forecast by Country (2025-2030) & ($ millions)
Table 68. APAC Soju Sales Forecast by Region (2025-2030) & (M Bottles)
Table 69. APAC Soju Revenue Forecast by Region (2025-2030) & ($ millions)
Table 70. Europe Soju Sales Forecast by Country (2025-2030) & (M Bottles)
Table 71. Europe Soju Revenue Forecast by Country (2025-2030) & ($ millions)
Table 72. Middle East & Africa Soju Sales Forecast by Country (2025-2030) & (M Bottles)
Table 73. Middle East & Africa Soju Revenue Forecast by Country (2025-2030) & ($ millions)
Table 74. Global Soju Sales Forecast by Type (2025-2030) & (M Bottles)
Table 75. Global Soju Revenue Forecast by Type (2025-2030) & ($ Millions)
Table 76. Global Soju Sales Forecast by Application (2025-2030) & (M Bottles)
Table 77. Global Soju Revenue Forecast by Application (2025-2030) & ($ Millions)
Table 78. HiteJinro Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 79. HiteJinro Soju Product Portfolios and Specifications
Table 80. HiteJinro Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 81. HiteJinro Main Business
Table 82. HiteJinro Latest Developments
Table 83. Lotte Liquor Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 84. Lotte Liquor Soju Product Portfolios and Specifications
Table 85. Lotte Liquor Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 86. Lotte Liquor Main Business
Table 87. Lotte Liquor Latest Developments
Table 88. Muhak Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 89. Muhak Soju Product Portfolios and Specifications
Table 90. Muhak Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 91. Muhak Main Business
Table 92. Muhak Latest Developments
Table 93. Kumbokju Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 94. Kumbokju Soju Product Portfolios and Specifications
Table 95. Kumbokju Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 96. Kumbokju Main Business
Table 97. Kumbokju Latest Developments
Table 98. C1 Soju Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 99. C1 Soju Soju Product Portfolios and Specifications
Table 100. C1 Soju Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 101. C1 Soju Main Business
Table 102. C1 Soju Latest Developments
Table 103. bohae Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 104. bohae Soju Product Portfolios and Specifications
Table 105. bohae Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 106. bohae Main Business
Table 107. bohae Latest Developments
Table 108. Chungbuk Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 109. Chungbuk Soju Product Portfolios and Specifications
Table 110. Chungbuk Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 111. Chungbuk Main Business
Table 112. Chungbuk Latest Developments
Table 113. Hallasan Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 114. Hallasan Soju Product Portfolios and Specifications
Table 115. Hallasan Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 116. Hallasan Main Business
Table 117. Hallasan Latest Developments
Table 118. Mackiss Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 119. Mackiss Soju Product Portfolios and Specifications
Table 120. Mackiss Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 121. Mackiss Main Business
Table 122. Mackiss Latest Developments
Table 123. Andong Basic Information, Soju Manufacturing Base, Sales Area and Its Competitors
Table 124. Andong Soju Product Portfolios and Specifications
Table 125. Andong Soju Sales (M Bottles), Revenue ($ Million), Price (USD/Bottle) and Gross Margin (2019-2024)
Table 126. Andong Main Business
Table 127. Andong Latest Developments
List of Figures
Figure 1. Picture of Soju
Figure 2. Soju Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Soju Sales Growth Rate 2019-2030 (M Bottles)
Figure 7. Global Soju Revenue Growth Rate 2019-2030 ($ Millions)
Figure 8. Soju Sales by Region (2019, 2023 & 2030) & ($ Millions)
Figure 9. Product Picture of Distilled Soju
Figure 10. Product Picture of Diluted Soju
Figure 11. Global Soju Sales Market Share by Type in 2023
Figure 12. Global Soju Revenue Market Share by Type (2019-2024)
Figure 13. Soju Consumed in Below 20 Years Old
Figure 14. Global Soju Market: Below 20 Years Old (2019-2024) & (M Bottles)
Figure 15. Soju Consumed in 20-40 Years Old
Figure 16. Global Soju Market: 20-40 Years Old (2019-2024) & (M Bottles)
Figure 17. Soju Consumed in 40-60 Years Old
Figure 18. Global Soju Market: 40-60 Years Old (2019-2024) & (M Bottles)
Figure 19. Soju Consumed in Above 60 Years Old
Figure 20. Global Soju Market: Above 60 Years Old (2019-2024) & (M Bottles)
Figure 21. Global Soju Sales Market Share by Application (2023)
Figure 22. Global Soju Revenue Market Share by Application in 2023
Figure 23. Soju Sales Market by Company in 2023 (M Bottles)
Figure 24. Global Soju Sales Market Share by Company in 2023
Figure 25. Soju Revenue Market by Company in 2023 ($ Million)
Figure 26. Global Soju Revenue Market Share by Company in 2023
Figure 27. Global Soju Sales Market Share by Geographic Region (2019-2024)
Figure 28. Global Soju Revenue Market Share by Geographic Region in 2023
Figure 29. Americas Soju Sales 2019-2024 (M Bottles)
Figure 30. Americas Soju Revenue 2019-2024 ($ Millions)
Figure 31. APAC Soju Sales 2019-2024 (M Bottles)
Figure 32. APAC Soju Revenue 2019-2024 ($ Millions)
Figure 33. Europe Soju Sales 2019-2024 (M Bottles)
Figure 34. Europe Soju Revenue 2019-2024 ($ Millions)
Figure 35. Middle East & Africa Soju Sales 2019-2024 (M Bottles)
Figure 36. Middle East & Africa Soju Revenue 2019-2024 ($ Millions)
Figure 37. Americas Soju Sales Market Share by Country in 2023
Figure 38. Americas Soju Revenue Market Share by Country in 2023
Figure 39. Americas Soju Sales Market Share by Type (2019-2024)
Figure 40. Americas Soju Sales Market Share by Application (2019-2024)
Figure 41. United States Soju Revenue Growth 2019-2024 ($ Millions)
Figure 42. Canada Soju Revenue Growth 2019-2024 ($ Millions)
Figure 43. Mexico Soju Revenue Growth 2019-2024 ($ Millions)
Figure 44. Brazil Soju Revenue Growth 2019-2024 ($ Millions)
Figure 45. APAC Soju Sales Market Share by Region in 2023
Figure 46. APAC Soju Revenue Market Share by Regions in 2023
Figure 47. APAC Soju Sales Market Share by Type (2019-2024)
Figure 48. APAC Soju Sales Market Share by Application (2019-2024)
Figure 49. China Soju Revenue Growth 2019-2024 ($ Millions)
Figure 50. Japan Soju Revenue Growth 2019-2024 ($ Millions)
Figure 51. South Korea Soju Revenue Growth 2019-2024 ($ Millions)
Figure 52. Southeast Asia Soju Revenue Growth 2019-2024 ($ Millions)
Figure 53. India Soju Revenue Growth 2019-2024 ($ Millions)
Figure 54. Australia Soju Revenue Growth 2019-2024 ($ Millions)
Figure 55. China Taiwan Soju Revenue Growth 2019-2024 ($ Millions)
Figure 56. Europe Soju Sales Market Share by Country in 2023
Figure 57. Europe Soju Revenue Market Share by Country in 2023
Figure 58. Europe Soju Sales Market Share by Type (2019-2024)
Figure 59. Europe Soju Sales Market Share by Application (2019-2024)
Figure 60. Germany Soju Revenue Growth 2019-2024 ($ Millions)
Figure 61. France Soju Revenue Growth 2019-2024 ($ Millions)
Figure 62. UK Soju Revenue Growth 2019-2024 ($ Millions)
Figure 63. Italy Soju Revenue Growth 2019-2024 ($ Millions)
Figure 64. Russia Soju Revenue Growth 2019-2024 ($ Millions)
Figure 65. Middle East & Africa Soju Sales Market Share by Country in 2023
Figure 66. Middle East & Africa Soju Revenue Market Share by Country in 2023
Figure 67. Middle East & Africa Soju Sales Market Share by Type (2019-2024)
Figure 68. Middle East & Africa Soju Sales Market Share by Application (2019-2024)
Figure 69. Egypt Soju Revenue Growth 2019-2024 ($ Millions)
Figure 70. South Africa Soju Revenue Growth 2019-2024 ($ Millions)
Figure 71. Israel Soju Revenue Growth 2019-2024 ($ Millions)
Figure 72. Turkey Soju Revenue Growth 2019-2024 ($ Millions)
Figure 73. GCC Country Soju Revenue Growth 2019-2024 ($ Millions)
Figure 74. Manufacturing Cost Structure Analysis of Soju in 2023
Figure 75. Manufacturing Process Analysis of Soju
Figure 76. Industry Chain Structure of Soju
Figure 77. Channels of Distribution
Figure 78. Global Soju Sales Market Forecast by Region (2025-2030)
Figure 79. Global Soju Revenue Market Share Forecast by Region (2025-2030)
Figure 80. Global Soju Sales Market Share Forecast by Type (2025-2030)
Figure 81. Global Soju Revenue Market Share Forecast by Type (2025-2030)
Figure 82. Global Soju Sales Market Share Forecast by Application (2025-2030)
Figure 83. Global Soju Revenue Market Share Forecast by Application (2025-2030)

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.