Heightened consumer interest in health continues to be a prominent trend following the pandemic in South Korea. It has played a pivotal role in shaping the current baking trend of reducing sugar and oil content, while emphasising natural fermentation and organic options as offered by bagels, ciabatta, multigrain bread, whole wheat bread and oatmeal bread. These leavened bread varieties are now often referred to in South Korea as ""meal bread” (“sik-sa-bang”) featuring key characteristics such as...
Euromonitor International's Baked Goods in South Korea report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Baked Goods market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Baked Goods in South Korea
Euromonitor International
November 2023
List Of Contents And Tables
BAKED GOODS IN SOUTH KOREA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Shifting consumer perceptions of leavened bread from snack to meal
Reasonable price-quality balance of packaged goods influences consumers’ purchasing decisions
Continuous growth of convenience stores and packaged pastries
PROSPECTS AND OPPORTUNITIES
Premium packaged baked goods
Fierce competition with bakery specialists following price stability
CATEGORY DATA
Table 1 Sales of Baked Goods by Category: Volume 2018-2023
Table 2 Sales of Baked Goods by Category: Value 2018-2023
Table 3 Sales of Baked Goods by Category: % Volume Growth 2018-2023
Table 4 Sales of Baked Goods by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Baked Goods: % Value 2019-2023
Table 6 LBN Brand Shares of Baked Goods: % Value 2020-2023
Table 7 Distribution of Baked Goods by Format: % Value 2018-2023
Table 8 Forecast Sales of Baked Goods by Category: Volume 2023-2028
Table 9 Forecast Sales of Baked Goods by Category: Value 2023-2028
Table 10 Forecast Sales of Baked Goods by Category: % Volume Growth 2023-2028
Table 11 Forecast Sales of Baked Goods by Category: % Value Growth 2023-2028
STAPLE FOODS IN SOUTH KOREA
EXECUTIVE SUMMARY
Staple foods in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for staple foods?
MARKET DATA
Table 12 Sales of Staple Foods by Category: Volume 2018-2023
Table 13 Sales of Staple Foods by Category: Value 2018-2023
Table 14 Sales of Staple Foods by Category: % Volume Growth 2018-2023
Table 15 Sales of Staple Foods by Category: % Value Growth 2018-2023
Table 16 NBO Company Shares of Staple Foods: % Value 2019-2023
Table 17 LBN Brand Shares of Staple Foods: % Value 2020-2023
Table 18 Penetration of Private Label by Category: % Value 2018-2023
Table 19 Distribution of Staple Foods by Format: % Value 2018-2023
Table 20 Forecast Sales of Staple Foods by Category: Volume 2023-2028
Table 21 Forecast Sales of Staple Foods by Category: Value 2023-2028
Table 22 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028
Table 23 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028