South Korea Nectars (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026

South Korea Nectars (Soft Drinks) Market Size, Growth and Forecast Analytics to 2026

Summary

South Korea Nectars (Soft drinks) Market Size, Growth and Forecast Analytics to 2026 is a broad level market review of Nectars market in South Korea.

Diluted fruit/vegetable juice and pulp, to which sweetening agents (e.g. sugar, honey, syrups and/or sweeteners) need to be added for the purposes of production, permitted minerals and vitamins for the purpose of fortification and permitted additives may be added.

Includes coconut water where the product is not 100% pure coconut water and juice content percentage is between 25-99.9%. 100% pure coconut water products are included in the juice category.

Excludes concentrates which when reconstituted conform to the definition of nectars above; these are included in squash/syrups. Also excludes carbonated products, carbonated nectars and nectars products marketed as baby juices.

Nectars market in South Korea registered a negative compound annual growth rate (CAGR) of -5.66% during the period 2016 to 2021 with a sales value of KRW 438,348.80 Million in 2021, a decrease of -4.75% over 2020. The market growth rates were negative across all the years during the review period, the market has registered its lowest decline in 2019, when it decreased by -1.64% over its previous year .

The research handbook provides up-to-date market size data for period 2016-2021 and illustrative forecast to 2026 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Nectars and its variants .

Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2018 to 2021 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.

Due to on going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to South Korea's Nectars (Soft drinks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.

Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.

*Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.

Scope

• Overall Nectars (Soft drinks) market value and volume analytics with growth analysis from 2016 to 2026.
• Value and Volume terms for the top brands.
• Distribution channel sales analytics from 2018-2021.

Reasons to Buy

• Get access to authoritative and granular data on the Nectars (Soft drinks) market and fill in the gaps in understanding of trends and the components of change behind them.
• Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics and distribution trends.
• Analyze the components of change in the market by looking at historic and future growth patterns.
• Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.