Hot Drinks in South Korea
Summary
Hot Drinks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hot drinks market consists of the retail sales of coffee, tea and other hot drinks. The coffee segment consists of instant coffee, roast and ground coffee and coffee beans. The tea segment consists of black specialty tea, fruit and herbal tea, green tea, instant tea and tea pods. The other hot drinks segment consists of chocolate-based hot drinks and malt-based hot drinks. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The South Korean hot drinks market had total revenues of $3,660.9 million in 2023, representing a compound annual growth rate (CAGR) of 4.7% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.4% between 2018 and 2023, to reach a total of 130.5 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.7% for the five-year period 2023-28, which is expected to drive the market to a value of $4,394.1 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hot drinks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hot drinks market in South Korea
- Leading company profiles reveal details of key hot drinks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea hot drinks market with five year forecasts
- What was the size of the South Korea hot drinks market by value in 2023?
- What will be the size of the South Korea hot drinks market in 2028?
- What factors are affecting the strength of competition in the South Korea hot drinks market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's hot drinks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South Korean hot drinks market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-23)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the South Korean hot drinks market?
- 8 Company Profiles
- 8.1. Ajinomoto Co., Inc.
- 8.2. The Kraft Heinz Co
- 8.3. Namyang Dairy Products Co Ltd
- 8.4. Nestle SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: South Korea hot drinks market value: $ million, 2018-23
- Table 2: South Korea hot drinks market volume: million kilograms, 2018-23
- Table 3: South Korea hot drinks market category segmentation: % share, by value, 2018-23
- Table 4: South Korea hot drinks market category segmentation: $ million, 2018-23
- Table 5: South Korea hot drinks market geography segmentation: $ million, 2023
- Table 6: South Korea hot drinks market distribution: % share, by value, 2023
- Table 7: South Korea hot drinks market value forecast: $ million, 2023-28
- Table 8: South Korea hot drinks market volume forecast: million kilograms, 2023-28
- Table 9: South Korea hot drinks market share: % share, by value, 2023
- Table 10: Ajinomoto Co., Inc.: Key Facts
- Table 11: Ajinomoto Co., Inc.: Annual Financial Ratios
- Table 12: Ajinomoto Co., Inc.: Key Employees
- Table 13: Ajinomoto Co., Inc.: Key Employees Continued
- Table 14: Ajinomoto Co., Inc.: Key Employees Continued
- Table 15: Ajinomoto Co., Inc.: Key Employees Continued
- Table 16: The Kraft Heinz Co: Key Facts
- Table 17: The Kraft Heinz Co: Annual Financial Ratios
- Table 18: The Kraft Heinz Co: Key Employees
- Table 19: The Kraft Heinz Co: Key Employees Continued
- Table 20: Namyang Dairy Products Co Ltd: Key Facts
- Table 21: Namyang Dairy Products Co Ltd: Annual Financial Ratios
- Table 22: Namyang Dairy Products Co Ltd: Key Employees
- Table 23: Nestle SA: Key Facts
- Table 24: Nestle SA: Annual Financial Ratios
- Table 25: Nestle SA: Key Employees
- Table 26: Nestle SA: Key Employees Continued
- Table 27: South Korea Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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