Staple Foods in South Korea

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,100	64 Pages	Euromonitor International	December, 2022	EP17596616

Attention: There is an updated edition available for this report.

Best Price Guarantee
Price	from $2,100
Length	64 Pages
Publisher	Euromonitor International
Published Date	December, 2022
SKU	EP17596616

Staple Foods in South Korea

While healthy retail current value growth is expected for staple foods in 2022, comparable to that seen when the pandemic hit in 2020, retail volume sales are set to see a slower increase than value sales, due to unit price increases. The raw materials used in staple foods, including wheat and oils, which are ingredients for which South Korea heavily relies on imports, have faced steep price increases in response to a complex set of overlapping external factors, such as geopolitics and the weath...

Euromonitor International's Staple Foods 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 2017-2021, 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 2026, clearly indicating how the market is expected to change.

Product coverage: Baked Goods, Breakfast Cereals, Processed Fruit and Vegetables, Processed Meat, Seafood and Alternatives to Meat, Rice, Pasta and Noodles.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Staple Foods 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.

Staple Foods in South Korea
Euromonitor International
January 2023
List Of Contents And Tables
STAPLE FOODS IN SOUTH KOREA
EXECUTIVE SUMMARY
Staple foods in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel development
What next for staple foods?
MARKET DATA: Table 1 Sales of Staple Foods by Category: Volume 2017-2022; Table 2 Sales of Staple Foods by Category: Value 2017-2022; Table 3 Sales of Staple Foods by Category: % Volume Growth 2017-2022; Table 4 Sales of Staple Foods by Category: % Value Growth 2017-2022; Table 5 NBO Company Shares of Staple Foods: % Value 2018-2022; Table 6 LBN Brand Shares of Staple Foods: % Value 2019-2022; Table 7 Penetration of Private Label by Category: % Value 2017-2022; Table 8 Distribution of Staple Foods by Format: % Value 2017-2022; Table 9 Forecast Sales of Staple Foods by Category: Volume 2022-2027; Table 10 Forecast Sales of Staple Foods by Category: Value 2022-2027; Table 11 Forecast Sales of Staple Foods by Category: % Volume Growth 2022-2027; Table 12 Forecast Sales of Staple Foods by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES: Summary 1 Research Sources
BAKED GOODS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Baked goods records strong value growth amidst global supply issues
Inflation drives consumers from unpackaged to packaged baked goods
Nostalgia contributes to boosting sales of packaged pastries
PROSPECTS AND OPPORTUNITIES
Continued growth expected for both packaged and unpackaged baked goods
Convenience stores set to perform well
Dessert mixes set to decline, threatened by the rise of competitors
CATEGORY DATA: Table 13 Sales of Baked Goods by Category: Volume 2017-2022; Table 14 Sales of Baked Goods by Category: Value 2017-2022; Table 15 Sales of Baked Goods by Category: % Volume Growth 2017-2022; Table 16 Sales of Baked Goods by Category: % Value Growth 2017-2022; Table 17 NBO Company Shares of Baked Goods: % Value 2018-2022; Table 18 LBN Brand Shares of Baked Goods: % Value 2019-2022; Table 19 Distribution of Baked Goods by Format: % Value 2017-2022; Table 20 Forecast Sales of Baked Goods by Category: Volume 2022-2027; Table 21 Forecast Sales of Baked Goods by Category: Value 2022-2027; Table 22 Forecast Sales of Baked Goods by Category: % Volume Growth 2022-2027; Table 23 Forecast Sales of Baked Goods by Category: % Value Growth 2022-2027
BREAKFAST CEREALS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Inflation continues to boost value sales of breakfast cereals
Hot cereals is growing, but faces competition
Continuous product innovation further heightens sales of muesli and granola
PROSPECTS AND OPPORTUNITIES
Traditional RTE cereals may lose their strength
Health-consciousness will push children’s granola
Additional value will be needed to attract a wider consumer group
CATEGORY DATA: Table 24 Sales of Breakfast Cereals by Category: Volume 2017-2022; Table 25 Sales of Breakfast Cereals by Category: Value 2017-2022; Table 26 Sales of Breakfast Cereals by Category: % Volume Growth 2017-2022; Table 27 Sales of Breakfast Cereals by Category: % Value Growth 2017-2022; Table 28 NBO Company Shares of Breakfast Cereals: % Value 2018-2022; Table 29 LBN Brand Shares of Breakfast Cereals: % Value 2019-2022; Table 30 Distribution of Breakfast Cereals by Format: % Value 2017-2022; Table 31 Forecast Sales of Breakfast Cereals by Category: Volume 2022-2027; Table 32 Forecast Sales of Breakfast Cereals by Category: Value 2022-2027; Table 33 Forecast Sales of Breakfast Cereals by Category: % Volume Growth 2022-2027; Table 34 Forecast Sales of Breakfast Cereals by Category: % Value Growth 2022-2027
PROCESSED MEAT, SEAFOOD AND ALTERNATIVES TO MEAT IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Value sales spike in processed meat, seafood and alternatives to meat
Poultry continues to gain popularity on the back of the high protein trend
New products in meat and seafood substitutes in South Korea
PROSPECTS AND OPPORTUNITIES
Constant growth expected on the back of diverse eating occasions
Tofu needs a new growth factor to avoid declining sales over the forecast period
Meat and seafood substitutes will gain momentum if product innovation is supported
CATEGORY DATA: Table 35 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2017-2022; Table 36 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2017-2022; Table 37 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Volume Growth 2017-2022; Table 38 Sales of Processed Meat, Seafood and Alternatives to Meat by Category: % Value Growth 2017-2022; Table 39 Sales of Shelf Stable Processed Red Meat by Type: % Volume Breakdown 2017-2022; Table 40 Sales of Chilled Processed Red Meat by Type: % Volume Breakdown 2017-2022; Table 41 Sales of Frozen Processed Red Meat by Type: % Volume Breakdown 2017-2022; Table 42 Sales of Frozen Processed Poultry by Type: % Value Breakdown 2017-2022; Table 43 Sales of Frozen Processed Seafood by Type: % Value Breakdown 2017-2022; Table 44 NBO Company Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2018-2022; Table 45 LBN Brand Shares of Processed Meat, Seafood and Alternatives to Meat: % Value 2019-2022; Table 46 Distribution of Processed Meat, Seafood and Alternatives to Meat by Format: % Value 2017-2022; Table 47 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Volume 2022-2027; Table 48 Forecast Sales of Processed Meat, Seafood and Alternatives to Meat by Category: Value 2022-2027
PROCESSED FRUIT AND VEGETABLES IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Inflation boosts value sales of processed fruit and vegetables
Frozen processed potatoes returns to foodservice volume growth
Frozen processed vegetables has potential, backed by price competitiveness
PROSPECTS AND OPPORTUNITIES
Varied sales patterns expected in retail and foodservice in different categories
Health and wellness drives rising demand for snack packs of shelf-stable fruit
Stagnation expected in frozen processed potatoes and vegetables
CATEGORY DATA: Table 49 Sales of Processed Fruit and Vegetables by Category: Volume 2017-2022; Table 50 Sales of Processed Fruit and Vegetables by Category: Value 2017-2022; Table 51 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2017-2022; Table 52 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2017-2022; Table 53 NBO Company Shares of Processed Fruit and Vegetables: % Value 2018-2022; Table 54 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2019-2022; Table 55 Distribution of Processed Fruit and Vegetables by Format: % Value 2017-2022; Table 56 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2022-2027; Table 57 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2022-2027; Table 58 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2022-2027; Table 59 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2022-2027
RICE, PASTA AND NOODLES IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Overall rice, pasta and noodles continues to grow in value terms
Consumers are increasingly seeking more value, turning to microwave rice
Healthy eating trend drives demand for instant noodles that are not fried
PROSPECTS AND OPPORTUNITIES
Ready meals will be more of a threat in rice, pasta and noodles
Differentiation is becoming more important in instant noodles
Metaverse is adopted as a marketing tool to approach generation Z
CATEGORY DATA: Table 60 Sales of Rice, Pasta and Noodles by Category: Volume 2017-2022; Table 61 Sales of Rice, Pasta and Noodles by Category: Value 2017-2022; Table 62 Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2017-2022; Table 63 Sales of Rice, Pasta and Noodles by Category: % Value Growth 2017-2022; Table 64 Sales of Instant Noodles by Leading Flavours: Rankings 2017-2022; Table 65 NBO Company Shares of Rice, Pasta and Noodles: % Value 2018-2022; Table 66 LBN Brand Shares of Rice, Pasta and Noodles: % Value 2019-2022; Table 67 NBO Company Shares of Rice: % Value 2018-2022; Table 68 LBN Brand Shares of Rice: % Value 2019-2022; Table 69 NBO Company Shares of Pasta: % Value 2018-2022; Table 70 LBN Brand Shares of Pasta: % Value 2019-2022; Table 71 NBO Company Shares of Noodles: % Value 2018-2022; Table 72 LBN Brand Shares of Noodles: % Value 2019-2022; Table 73 Distribution of Rice, Pasta and Noodles by Format: % Value 2017-2022; Table 74 Distribution of Rice by Format: % Value 2017-2022; Table 75 Distribution of Pasta by Format: % Value 2017-2022; Table 76 Distribution of Noodles by Format: % Value 2017-2022; Table 77 Forecast Sales of Rice, Pasta and Noodles by Category: Volume 2022-2027; Table 78 Forecast Sales of Rice, Pasta and Noodles by Category: Value 2022-2027; Table 79 Forecast Sales of Rice, Pasta and Noodles by Category: % Volume Growth 2022-2027; Table 80 Forecast Sales of Rice, Pasta and Noodles by Category: % Value Growth 2022-2027