Based on sales revenue, Oriental Brewery, also called OB, was the leading beer company in South Korea, with roughly **** percent market share, followed by HiteJinro, with **** percent share.Â
Oriental Brewery
Oriental Brewery sells the popular beer brand Cass, which was the leading beer brand in South Korea in 2023, as well as a number of other top-selling mainstream beers, like OB Golden Lager and Cafri. The company also distributes international brands like Beck’s, Löwenbräu, Budweiser, and Hoegaarden. In 2022, Oriental Brewery saw an an increase in operating profit, before decreasing to lower than before. OB was originally founded by Doosan Group in 1952 and is currently owned by Anheuser-Busch InBev SA/NV. AB InBev is a multinational company that sells more than *** beer and soft drinks brands.
Craft beer vs. mainstream beer
While mainstream companies in South Korea still focus to sell beer to the masses, typically light lager beer, a growing number of consumers are turning to try other kinds of beers. In a survey in 2020, around ** percent of beer drinkers stated that they have tried craft beer before. In the same survey around ** percent of respondents stated that they thought craft beer was interesting because of the variety they offer compared to mainstream beer. More than half of surveyed consumers in a different survey in 2019 went as far as saying that craft beer tasted better than regular beer. The current trend towards craft beer and the change in beer tastes might change the market and therefore the reputation of South Korean beers to be of low quality.
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DealSite. (March 25, 2024). Market shares of leading beer companies based on sales revenue in South Korea in 2023 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/
DealSite. "Market shares of leading beer companies based on sales revenue in South Korea in 2023." Chart. March 25, 2024. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/
DealSite. (2024). Market shares of leading beer companies based on sales revenue in South Korea in 2023. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/
DealSite. "Market Shares of Leading Beer Companies Based on Sales Revenue in South Korea in 2023." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 25 Mar 2024, /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/
DealSite, Market shares of leading beer companies based on sales revenue in South Korea in 2023 ÌÇÐÄÆÆ½â°æ, /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/ (last visited August 01, 2026)
Market shares of leading beer companies based on sales revenue in South Korea in 2023 [Graph], DealSite, March 25, 2024. [Online]. Available: /statistics/1122691/south-korea-beer-market-leaders-based-on-retail-sales-revenue/