Chocolate Market in South Korea 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	133 Pages	TechNavio	February, 2024	INF18578054

Best Price Guarantee
Price	from $2,500
Length	133 Pages
Publisher	TechNavio
Published Date	February, 2024
SKU	INF18578054

Chocolate Market In South Korea 2024-2028

The chocolate market in South Korea is forecasted to grow by USD 155.52 mn during 2023-2028, accelerating at a CAGR of 4.39% during the forecast period. The report on the chocolate market in South Korea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing collaboration with celebrities and influencers, expansion of retail channels, and increase in gifting culture.

Technavio's chocolate market in South Korea is segmented as below:

By Product

Dark chocolate
Milk/white chocolate

By Distribution Channel

Offline
Online

By Product Type

Molded chocolate
Softlines/selflines
Boxed assortments
Seasonal chocolates
Others

This study identifies the increasing demand for plant-based and vegan chocolate as one of the prime reasons driving the chocolate market in South Korea growth during the next few years. Also, premiumization and artisanal offerings and innovative flavors and ingredients will lead to sizable demand in the market.

The report on the chocolate market in South Korea covers the following areas:

Chocolate market in South Korea sizing
Chocolate market in South Korea forecast
Chocolate market in South Korea industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading chocolate market in South Korea vendors that include CACAODADA Kakao, Crown Confectionery Co. Ltd, Lotte Corp., Mars Inc., Nestle SA, Orion Corp., Perfetti Van Melle Group BV, Rocky Mountain Chocolate Factory Inc., The Hershey Co., and Ferrero International S.A.. Also, the chocolate market in South Korea analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary: 1.1 Market overview; Exhibit 01: Executive Summary - Chart on Market Overview; Exhibit 02: Executive Summary - Data Table on Market Overview; Exhibit 03: Executive Summary - Chart on Country Market Characteristics; Exhibit 04: Executive Summary - Chart on Market Segmentation by Product; Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel; Exhibit 06: Executive Summary - Chart on Market Segmentation by Product Type; Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape: 2.1 Market ecosystem; Exhibit 08: Parent market; Exhibit 09: Market Characteristics
3 Market Sizing: 3.1 Market definition; Exhibit 10: Offerings of vendors included in the market definition; 3.2 Market segment analysis; Exhibit 11: Market segments; 3.3 Market size 2023; 3.4 Market outlook: Forecast for 2023-2028; Exhibit 12: Chart on South Korea - Market size and forecast 2023-2028 ($ million); Exhibit 13: Data Table on South Korea - Market size and forecast 2023-2028 ($ million); Exhibit 14: Chart on South Korea: Year-over-year growth 2023-2028 (%); Exhibit 15: Data Table on South Korea: Year-over-year growth 2023-2028 (%)
4 Historic Market Size: 4.1 Chocolate market in South Korea 2018 - 2022; Exhibit 16: Historic Market Size - Data Table on chocolate market in south Korea 2018 - 2022 ($ million); 4.2 Product Segment Analysis 2018 - 2022; Exhibit 17: Historic Market Size - Product Segment 2018 - 2022 ($ million); 4.3 Distribution Channel Segment Analysis 2018 - 2022; Exhibit 18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million); 4.4 Product Type Segment Analysis 2018 - 2022; Exhibit 19: Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
5 Five Forces Analysis: 5.1 Five forces summary; Exhibit 20: Five forces analysis - Comparison between 2023 and 2028; 5.2 Bargaining power of buyers; Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028; 5.3 Bargaining power of suppliers; Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; 5.4 Threat of new entrants; Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028; 5.5 Threat of substitutes; Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028; 5.6 Threat of rivalry; Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028; 5.7 Market condition; Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product: 6.1 Market segments; Exhibit 27: Chart on Product - Market share 2023-2028 (%); Exhibit 28: Data Table on Product - Market share 2023-2028 (%); 6.2 Comparison by Product; Exhibit 29: Chart on Comparison by Product; Exhibit 30: Data Table on Comparison by Product; 6.3 Dark chocolate - Market size and forecast 2023-2028; Exhibit 31: Chart on Dark chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 32: Data Table on Dark chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 33: Chart on Dark chocolate - Year-over-year growth 2023-2028 (%); Exhibit 34: Data Table on Dark chocolate - Year-over-year growth 2023-2028 (%); 6.4 Milk/white chocolate - Market size and forecast 2023-2028; Exhibit 35: Chart on Milk/white chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 36: Data Table on Milk/white chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 37: Chart on Milk/white chocolate - Year-over-year growth 2023-2028 (%); Exhibit 38: Data Table on Milk/white chocolate - Year-over-year growth 2023-2028 (%); 6.5 Market opportunity by Product; Exhibit 39: Market opportunity by Product ($ million); Exhibit 40: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Distribution Channel: 7.1 Market segments; Exhibit 41: Chart on Distribution Channel - Market share 2023-2028 (%); Exhibit 42: Data Table on Distribution Channel - Market share 2023-2028 (%); 7.2 Comparison by Distribution Channel; Exhibit 43: Chart on Comparison by Distribution Channel; Exhibit 44: Data Table on Comparison by Distribution Channel; 7.3 Offline - Market size and forecast 2023-2028; Exhibit 45: Chart on Offline - Market size and forecast 2023-2028 ($ million); Exhibit 46: Data Table on Offline - Market size and forecast 2023-2028 ($ million); Exhibit 47: Chart on Offline - Year-over-year growth 2023-2028 (%); Exhibit 48: Data Table on Offline - Year-over-year growth 2023-2028 (%); 7.4 Online - Market size and forecast 2023-2028; Exhibit 49: Chart on Online - Market size and forecast 2023-2028 ($ million); Exhibit 50: Data Table on Online - Market size and forecast 2023-2028 ($ million); Exhibit 51: Chart on Online - Year-over-year growth 2023-2028 (%); Exhibit 52: Data Table on Online - Year-over-year growth 2023-2028 (%); 7.5 Market opportunity by Distribution Channel; Exhibit 53: Market opportunity by Distribution Channel ($ million); Exhibit 54: Data Table on Market opportunity by Distribution Channel ($ million)
8 Market Segmentation by Product Type: 8.1 Market segments; Exhibit 55: Chart on Product Type - Market share 2023-2028 (%); Exhibit 56: Data Table on Product Type - Market share 2023-2028 (%); 8.2 Comparison by Product Type; Exhibit 57: Chart on Comparison by Product Type; Exhibit 58: Data Table on Comparison by Product Type; 8.3 Molded chocolate - Market size and forecast 2023-2028; Exhibit 59: Chart on Molded chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 60: Data Table on Molded chocolate - Market size and forecast 2023-2028 ($ million); Exhibit 61: Chart on Molded chocolate - Year-over-year growth 2023-2028 (%); Exhibit 62: Data Table on Molded chocolate - Year-over-year growth 2023-2028 (%); 8.4 Softlines/selflines - Market size and forecast 2023-2028; Exhibit 63: Chart on Softlines/selflines - Market size and forecast 2023-2028 ($ million); Exhibit 64: Data Table on Softlines/selflines - Market size and forecast 2023-2028 ($ million); Exhibit 65: Chart on Softlines/selflines - Year-over-year growth 2023-2028 (%); Exhibit 66: Data Table on Softlines/selflines - Year-over-year growth 2023-2028 (%); 8.5 Boxed assortments - Market size and forecast 2023-2028; Exhibit 67: Chart on Boxed assortments - Market size and forecast 2023-2028 ($ million); Exhibit 68: Data Table on Boxed assortments - Market size and forecast 2023-2028 ($ million); Exhibit 69: Chart on Boxed assortments - Year-over-year growth 2023-2028 (%); Exhibit 70: Data Table on Boxed assortments - Year-over-year growth 2023-2028 (%); 8.6 Seasonal chocolates - Market size and forecast 2023-2028; Exhibit 71: Chart on Seasonal chocolates - Market size and forecast 2023-2028 ($ million); Exhibit 72: Data Table on Seasonal chocolates - Market size and forecast 2023-2028 ($ million); Exhibit 73: Chart on Seasonal chocolates - Year-over-year growth 2023-2028 (%); Exhibit 74: Data Table on Seasonal chocolates - Year-over-year growth 2023-2028 (%); 8.7 Others - Market size and forecast 2023-2028; Exhibit 75: Chart on Others - Market size and forecast 2023-2028 ($ million); Exhibit 76: Data Table on Others - Market size and forecast 2023-2028 ($ million); Exhibit 77: Chart on Others - Year-over-year growth 2023-2028 (%); Exhibit 78: Data Table on Others - Year-over-year growth 2023-2028 (%); 8.8 Market opportunity by Product Type; Exhibit 79: Market opportunity by Product Type ($ million); Exhibit 80: Data Table on Market opportunity by Product Type ($ million)
9 Customer Landscape: 9.1 Customer landscape overview; Exhibit 81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends: 10.1 Market drivers; 10.2 Market challenges; 10.3 Impact of drivers and challenges; Exhibit 82: Impact of drivers and challenges in 2023 and 2028; 10.4 Market trends
11 Vendor Landscape: 11.1 Overview; 11.2 Vendor landscape; Exhibit 83: Overview on Criticality of inputs and Factors of differentiation; 11.3 Landscape disruption; Exhibit 84: Overview on factors of disruption; 11.4 Industry risks; Exhibit 85: Impact of key risks on business
12 Vendor Analysis: 12.1 Vendors covered; Exhibit 86: Vendors covered; 12.2 Market positioning of vendors; Exhibit 87: Matrix on vendor position and classification; 12.3 CACAODADA Kakao; Exhibit 88: CACAODADA Kakao - Overview; Exhibit 89: CACAODADA Kakao - Product / Service; Exhibit 90: CACAODADA Kakao - Key offerings; 12.4 Crown Confectionery Co. Ltd; Exhibit 91: Crown Confectionery Co. Ltd - Overview; Exhibit 92: Crown Confectionery Co. Ltd - Product / Service; Exhibit 93: Crown Confectionery Co. Ltd - Key offerings; 12.5 Ferrero International S.A.; Exhibit 94: Ferrero International S.A. - Overview; Exhibit 95: Ferrero International S.A. - Product / Service; Exhibit 96: Ferrero International S.A. - Key news; Exhibit 97: Ferrero International S.A. - Key offerings; 12.6 Lotte Corp.; Exhibit 98: Lotte Corp. - Overview; Exhibit 99: Lotte Corp. - Product / Service; Exhibit 100: Lotte Corp. - Key offerings; 12.7 Mars Inc.; Exhibit 101: Mars Inc. - Overview; Exhibit 102: Mars Inc. - Product / Service; Exhibit 103: Mars Inc. - Key news; Exhibit 104: Mars Inc. - Key offerings; 12.8 Nestle SA; Exhibit 105: Nestle SA - Overview; Exhibit 106: Nestle SA - Business segments; Exhibit 107: Nestle SA - Key news; Exhibit 108: Nestle SA - Key offerings; Exhibit 109: Nestle SA - Segment focus; 12.9 Orion Corp.; Exhibit 110: Orion Corp. - Overview; Exhibit 111: Orion Corp. - Product / Service; Exhibit 112: Orion Corp. - Key offerings; 12.10 Perfetti Van Melle Group BV; Exhibit 113: Perfetti Van Melle Group BV - Overview; Exhibit 114: Perfetti Van Melle Group BV - Product / Service; Exhibit 115: Perfetti Van Melle Group BV - Key offerings; 12.11 Rocky Mountain Chocolate Factory Inc.; Exhibit 116: Rocky Mountain Chocolate Factory Inc. - Overview; Exhibit 117: Rocky Mountain Chocolate Factory Inc. - Product / Service; Exhibit 118: Rocky Mountain Chocolate Factory Inc. - Key offerings; 12.12 The Hershey Co.; Exhibit 119: The Hershey Co. - Overview; Exhibit 120: The Hershey Co. - Business segments; Exhibit 121: The Hershey Co. - Key news; Exhibit 122: The Hershey Co. - Key offerings; Exhibit 123: The Hershey Co. - Segment focus
13 Appendix: 13.1 Scope of the report; 13.2 Inclusions and exclusions checklist; Exhibit 124: Inclusions checklist; Exhibit 125: Exclusions checklist; 13.3 Currency conversion rates for US$; Exhibit 126: Currency conversion rates for US$; 13.4 Research methodology; Exhibit 127: Research methodology; Exhibit 128: Validation techniques employed for market sizing; Exhibit 129: Information sources; 13.5 List of abbreviations; Exhibit 130: List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Country Market Characteristics; Exhibits4: Executive Summary - Chart on Market Segmentation by Product; Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel; Exhibits6: Executive Summary - Chart on Market Segmentation by Product Type; Exhibits7: Executive Summary - Chart on Vendor Market Positioning; Exhibits8: Parent market; Exhibits9: Market Characteristics; Exhibits10: Offerings of vendors included in the market definition; Exhibits11: Market segments; Exhibits12: Chart on South Korea - Market size and forecast 2023-2028 ($ million); Exhibits13: Data Table on South Korea - Market size and forecast 2023-2028 ($ million); Exhibits14: Chart on South Korea: Year-over-year growth 2023-2028 (%); Exhibits15: Data Table on South Korea: Year-over-year growth 2023-2028 (%); Exhibits16: Historic Market Size - Data Table on chocolate market in south Korea 2018 - 2022 ($ million); Exhibits17: Historic Market Size - Product Segment 2018 - 2022 ($ million); Exhibits18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million); Exhibits19: Historic Market Size - Product Type Segment 2018 - 2022 ($ million); Exhibits20: Five forces analysis - Comparison between 2023 and 2028; Exhibits21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028; Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028; Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028; Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028; Exhibits26: Chart on Market condition - Five forces 2023 and 2028; Exhibits27: Chart on Product - Market share 2023-2028 (%); Exhibits28: Data Table on Product - Market share 2023-2028 (%); Exhibits29: Chart on Comparison by Product; Exhibits30: Data Table on Comparison by Product; Exhibits31: Chart on Dark chocolate - Market size and forecast 2023-2028 ($ million); Exhibits32: Data Table on Dark chocolate - Market size and forecast 2023-2028 ($ million); Exhibits33: Chart on Dark chocolate - Year-over-year growth 2023-2028 (%); Exhibits34: Data Table on Dark chocolate - Year-over-year growth 2023-2028 (%); Exhibits35: Chart on Milk/white chocolate - Market size and forecast 2023-2028 ($ million); Exhibits36: Data Table on Milk/white chocolate - Market size and forecast 2023-2028 ($ million); Exhibits37: Chart on Milk/white chocolate - Year-over-year growth 2023-2028 (%); Exhibits38: Data Table on Milk/white chocolate - Year-over-year growth 2023-2028 (%); Exhibits39: Market opportunity by Product ($ million); Exhibits40: Data Table on Market opportunity by Product ($ million); Exhibits41: Chart on Distribution Channel - Market share 2023-2028 (%); Exhibits42: Data Table on Distribution Channel - Market share 2023-2028 (%); Exhibits43: Chart on Comparison by Distribution Channel; Exhibits44: Data Table on Comparison by Distribution Channel; Exhibits45: Chart on Offline - Market size and forecast 2023-2028 ($ million); Exhibits46: Data Table on Offline - Market size and forecast 2023-2028 ($ million); Exhibits47: Chart on Offline - Year-over-year growth 2023-2028 (%); Exhibits48: Data Table on Offline - Year-over-year growth 2023-2028 (%); Exhibits49: Chart on Online - Market size and forecast 2023-2028 ($ million); Exhibits50: Data Table on Online - Market size and forecast 2023-2028 ($ million); Exhibits51: Chart on Online - Year-over-year growth 2023-2028 (%); Exhibits52: Data Table on Online - Year-over-year growth 2023-2028 (%); Exhibits53: Market opportunity by Distribution Channel ($ million); Exhibits54: Data Table on Market opportunity by Distribution Channel ($ million); Exhibits55: Chart on Product Type - Market share 2023-2028 (%); Exhibits56: Data Table on Product Type - Market share 2023-2028 (%); Exhibits57: Chart on Comparison by Product Type; Exhibits58: Data Table on Comparison by Product Type; Exhibits59: Chart on Molded chocolate - Market size and forecast 2023-2028 ($ million); Exhibits60: Data Table on Molded chocolate - Market size and forecast 2023-2028 ($ million); Exhibits61: Chart on Molded chocolate - Year-over-year growth 2023-2028 (%); Exhibits62: Data Table on Molded chocolate - Year-over-year growth 2023-2028 (%); Exhibits63: Chart on Softlines/selflines - Market size and forecast 2023-2028 ($ million); Exhibits64: Data Table on Softlines/selflines - Market size and forecast 2023-2028 ($ million); Exhibits65: Chart on Softlines/selflines - Year-over-year growth 2023-2028 (%); Exhibits66: Data Table on Softlines/selflines - Year-over-year growth 2023-2028 (%); Exhibits67: Chart on Boxed assortments - Market size and forecast 2023-2028 ($ million); Exhibits68: Data Table on Boxed assortments - Market size and forecast 2023-2028 ($ million); Exhibits69: Chart on Boxed assortments - Year-over-year growth 2023-2028 (%); Exhibits70: Data Table on Boxed assortments - Year-over-year growth 2023-2028 (%); Exhibits71: Chart on Seasonal chocolates - Market size and forecast 2023-2028 ($ million); Exhibits72: Data Table on Seasonal chocolates - Market size and forecast 2023-2028 ($ million); Exhibits73: Chart on Seasonal chocolates - Year-over-year growth 2023-2028 (%); Exhibits74: Data Table on Seasonal chocolates - Year-over-year growth 2023-2028 (%); Exhibits75: Chart on Others - Market size and forecast 2023-2028 ($ million); Exhibits76: Data Table on Others - Market size and forecast 2023-2028 ($ million); Exhibits77: Chart on Others - Year-over-year growth 2023-2028 (%); Exhibits78: Data Table on Others - Year-over-year growth 2023-2028 (%); Exhibits79: Market opportunity by Product Type ($ million); Exhibits80: Data Table on Market opportunity by Product Type ($ million); Exhibits81: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits82: Impact of drivers and challenges in 2023 and 2028; Exhibits83: Overview on Criticality of inputs and Factors of differentiation; Exhibits84: Overview on factors of disruption; Exhibits85: Impact of key risks on business; Exhibits86: Vendors covered; Exhibits87: Matrix on vendor position and classification; Exhibits88: CACAODADA Kakao - Overview; Exhibits89: CACAODADA Kakao - Product / Service; Exhibits90: CACAODADA Kakao - Key offerings; Exhibits91: Crown Confectionery Co. Ltd - Overview; Exhibits92: Crown Confectionery Co. Ltd - Product / Service; Exhibits93: Crown Confectionery Co. Ltd - Key offerings; Exhibits94: Ferrero International S.A. - Overview; Exhibits95: Ferrero International S.A. - Product / Service; Exhibits96: Ferrero International S.A. - Key news; Exhibits97: Ferrero International S.A. - Key offerings; Exhibits98: Lotte Corp. - Overview; Exhibits99: Lotte Corp. - Product / Service; Exhibits100: Lotte Corp. - Key offerings; Exhibits101: Mars Inc. - Overview; Exhibits102: Mars Inc. - Product / Service; Exhibits103: Mars Inc. - Key news; Exhibits104: Mars Inc. - Key offerings; Exhibits105: Nestle SA - Overview; Exhibits106: Nestle SA - Business segments; Exhibits107: Nestle SA - Key news; Exhibits108: Nestle SA - Key offerings; Exhibits109: Nestle SA - Segment focus; Exhibits110: Orion Corp. - Overview; Exhibits111: Orion Corp. - Product / Service; Exhibits112: Orion Corp. - Key offerings; Exhibits113: Perfetti Van Melle Group BV - Overview; Exhibits114: Perfetti Van Melle Group BV - Product / Service; Exhibits115: Perfetti Van Melle Group BV - Key offerings; Exhibits116: Rocky Mountain Chocolate Factory Inc. - Overview; Exhibits117: Rocky Mountain Chocolate Factory Inc. - Product / Service; Exhibits118: Rocky Mountain Chocolate Factory Inc. - Key offerings; Exhibits119: The Hershey Co. - Overview; Exhibits120: The Hershey Co. - Business segments; Exhibits121: The Hershey Co. - Key news; Exhibits122: The Hershey Co. - Key offerings; Exhibits123: The Hershey Co. - Segment focus; Exhibits124: Inclusions checklist; Exhibits125: Exclusions checklist; Exhibits126: Currency conversion rates for US$; Exhibits127: Research methodology; Exhibits128: Validation techniques employed for market sizing; Exhibits129: Information sources; Exhibits130: List of abbreviations