South Korea Savory Snacks Market Overview, 2028

South Korea Savory Snacks Market Overview, 2028

Savory Snacks in South Korea Renowned for its rich culinary heritage and vibrant street food culture, South Korea offers a captivating array of savory snack options that cater to a wide spectrum of tastes and preferences. These snacks, cherished by locals and visitors alike, embody the vibrant street food culture that thrives in the country. One of the iconic and ubiquitous savory snacks in South Korea is tteokbokki. This popular street food features rice cakes bathed in a spicy sauce, boasting a chewy texture and bold flavors that create an addictive culinary experience. Another esteemed snack is kimbap, a seaweed-wrapped rice roll filled with various ingredients. Kimbap presents an array of flavors, ranging from traditional options like bulgogi and kimchi to innovative combinations such as cheese or spicy tuna. Its visually appealing presentation and harmonious taste make kimbap a beloved staple among locals and tourists alike. For a heartier snack option, hotteok is highly recommended. This Korean pancake is made from afluffy dough that encapsulates a sweet filling of brown sugar, cinnamon, and crushed nuts. The perfectly cooked hotteok offers a delightful crispy exterior and a gooey, syrupy center, delivering a truly indulgent sensory experience.

According to the research report South Korea Savory Snacks Market Overview, 2028, published by Bonafide Research, The South Korea of Savory Snacks market is expected to add more than 971 Million by 2028. Mandu holds a prominent position within South Korea's savory snack repertoire. These delightful dumplings feature a delectable filling comprising an assortment of savory ingredients such as pork, beef, vegetables, and tofu. Mandu can be prepared through various cooking methods, including steaming, boiling, or pan-frying, each imparting distinct textures and flavors. Accompanied by tangy soy sauce or a spicy dipping sauce, mandu offers a satisfying and flavorsome snack experience. In South Korea, savory snacks transcend their utilitarian purpose and serve as culinary ambassadors, showcasing the country's rich gastronomic heritage and vibrant street food scene. Whether navigating bustling marketplaces or uncovering hidden culinary gems, partaking in these delectable savory snacks provides an immersive and captivating opportunity to savor the remarkable flavors of South Korea.

PepsiCo, Inc. (Frito-Lay),The Kellogg Company, The Kraft Heinz Company, Calbee, Inc., General Mills, Inc., Conagra Brands, Inc., Intersnack Group are the leading companies in the savory snacks industry. The distribution of savory snacks in the savory snacks industry involves various channels and methods to reach consumers and more popular is Retail Stores, Online Retail, Foodservice Channels, Vending Machines ,Wholesale Distribution.
Potato chips and extruded snacks have gained popularity among South Korean consumers due to their appealing taste, convenient packaging, and versatility as snack options. While South Korea has a rich culinary heritage, traditional savory snacks like tteokbokki and mandu are typically enjoyed as street food or part of a meal rather than packaged snacks. South Korean snack companies have embraced product innovation, constantly introducing new flavors, textures, and packaging designs for potato chips and extruded snacks. South Korean consumers tend to appreciate a balance of flavors in their snacks, and potato chips and extruded snacks offer a wide range of taste profiles, from classic flavors like barbecue and sour cream to unique Korean-inspired flavors such as spicy kimchi or bulgogi.

The Ministry of Food and Drug Safety (MFDS) oversees the enforcement of these laws, which include guidelines on food production, hygiene, handling, and storage. The government sets specific standards for ingredients used in savory snacks. This includes regulations on the permissible levels of additives, preservatives, colorants, and flavorings. The MFDS monitors the safety of food products, including savory snacks, and takes necessary actions to protect consumers. SFH is a major international food and hospitality trade show held annually in Seoul. Seoul Street Food Festival vibrant festival celebrates South Korea's street food culture, offering a wide variety of savory snacks along with other street food delights. Seoul Snack Fair - Organized by the Seoul Metropolitan Government, the Seoul Snack Fair is a popular event that focuses on snacks and confectionery. Seoul Snack Fair Organized by the Seoul Metropolitan Government, the Seoul Snack Fair is a popular event that focuses on snacks and confectionery.

Considered in this report
• Geography: South Korea
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report
•South Korea Savory Snacks Market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Product type
•Potato chips
•Extruded snacks
•Popcorn
•Nuts & seeds
•Puffed snacks
•Tortilla chips
•fruit & vegetable chips
•Pretzels
•Meat snacks

By Category
•Baked
•Fried

By Distribution Channel
•Supermarkets & Hypermarkets
•Retail
•Convenience stores
•Online stores
•Speciality Stores
•Others (Forecourt retailers, Discounters, Independent small grocers, etc.)

The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to savory snacks industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.