Meat in South Korea

Meat in South Korea

Summary

Meat 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 meat market consists of the retail sales of ambient meat, chilled raw packaged meat - processed, chilled raw packaged meat - whole cuts, cooked meats - counter, cooked meats - packaged, fresh meat (counter) and frozen meat. 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 Meat market had total revenues of $15,516.3 million in 2023, representing a compound annual growth rate (CAGR) of 1% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 2.6% between 2018 and 2023, to reach a total of 1,870.4 million kilograms in 2023.
  • The performance of the market is forecast to accelerate, with an anticipated CAGR of 1.4% for the five-year period 2023-28, which is expected to drive the market to a value of $16,670.0 million by the end of 2028.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the meat market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the meat market in South Korea
  • Leading company profiles reveal details of key meat market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea meat market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea meat market by value in 2023?
  • What will be the size of the South Korea meat market in 2028?
  • What factors are affecting the strength of competition in the South Korea meat market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's meat 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 meat market?
7.3. Which companies have been most successful in increasing their market shares between 2018-23?
7.4. Which companies market shares have suffered between 2018-23?
7.5. What are the most popular brands in the South Korean meat market?
8 Company Profiles
8.1. Harim Holdings Co Ltd
8.2. CJ CheilJedang Corp
8.3. Dongwon Enterprise Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About MarketLine
List of Tables
Table 1: South Korea meat market value: $ million, 2018-23
Table 2: South Korea meat market volume: million kilograms, 2018-23
Table 3: South Korea meat market category segmentation: % share, by value, 2018-23
Table 4: South Korea meat market category segmentation: $ million, 2018-23
Table 5: South Korea meat market geography segmentation: $ million, 2023
Table 6: South Korea meat market distribution: % share, by value, 2023
Table 7: South Korea meat market value forecast: $ million, 2023-28
Table 8: South Korea meat market volume forecast: million kilograms, 2023-28
Table 9: South Korea meat market share: % share, by value, 2023
Table 10: Harim Holdings Co Ltd: Key Facts
Table 11: Harim Holdings Co Ltd: Annual Financial Ratios
Table 12: Harim Holdings Co Ltd: Key Employees
Table 13: CJ CheilJedang Corp: Key Facts
Table 14: CJ CheilJedang Corp: Annual Financial Ratios
Table 15: CJ CheilJedang Corp: Key Employees
Table 16: Dongwon Enterprise Co Ltd: Key Facts
Table 17: Agricultural Corporation Donmaru Co Ltd: Key Facts
Table 18: South Korea Size of Population (million), 2019-23
Table 19: South Korea Real GDP (Constant 2010 Prices, $ Billion), 2019-23
Table 20: South Korea GDP (Current Prices, $ Billion), 2019-23
Table 21: South Korea Inflation, 2019-23
Table 22: South Korea Consumer Price Index (Absolute), 2019-23
Table 23: South Korea Exchange Rate, 2018-23
List of Figures
Figure 1: South Korea meat market value: $ million, 2018-23
Figure 2: South Korea meat market volume: million kilograms, 2018-23
Figure 3: South Korea meat market category segmentation: $ million, 2018-23
Figure 4: South Korea meat market geography segmentation: % share, by value, 2023
Figure 5: South Korea meat market distribution: % share, by value, 2023
Figure 6: South Korea meat market value forecast: $ million, 2023-28
Figure 7: South Korea meat market volume forecast: million kilograms, 2023-28
Figure 8: Forces driving competition in the meat market in South Korea, 2023
Figure 9: Drivers of buyer power in the meat market in South Korea, 2023
Figure 10: Drivers of supplier power in the meat market in South Korea, 2023
Figure 11: Factors influencing the likelihood of new entrants in the meat market in South Korea, 2023
Figure 12: Factors influencing the threat of substitutes in the meat market in South Korea, 2023
Figure 13: Drivers of degree of rivalry in the meat market in South Korea, 2023
Figure 14: South Korea meat market share: % share, by value, 2023

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