Savoury snacks in South Korea is set to maintain solid growth in both retail volume and current value terms in 2024. With a declining youth population in the country, consumers in their 30s and 40s are driving the popularity of savoury snacks, particularly those that pair well with alcoholic drinks. This shift in consumer group has led to the introduction of various new products by companies, such as Nongshim, which has successfully tapped into this trend. Amongst these products, Meoktaekkang ha...
Euromonitor International's Savoury Snacks 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 2019-2023, 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 2028, clearly indicating how the market is expected to change.
Product coverage: Meat Snacks, Nuts, Seeds and Trail Mixes, Other Savoury Snacks, Popcorn, Pretzels, Salty Snacks, Savoury Biscuits, Seafood Snacks.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Savoury Snacks 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.
Savoury Snacks in South Korea
Euromonitor International
June 2024
List Of Contents And Tables
SAVOURY SNACKS IN SOUTH KOREA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Millennials lead trends in savoury snacks
Growth of private label lines
Growing popularity of savoury biscuits with beverages
PROSPECTS AND OPPORTUNITIES
Fun marketing and consumer-driven trends
“Shrinkflation” continues to be chosen as a means to save costs