Pasta & Noodles in South Korea
Summary
Pasta & Noodles 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 pasta & noodles market consists of the retail sale of dried pasta, dried & instant noodles, chilled pasta, chilled noodles, ambient pasta and ambient noodles. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the compilation of this report have been calculated using 2023 annual average exchange rates.
- The South Korean Pasta & Noodles market had total revenues of $2,472.6 million in 2023, representing a compound annual growth rate (CAGR) of 4.1% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 5.3% between 2018 and 2023, to reach a total of 512.8 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.8% for the five-year period 2023-2028, which is expected to drive the market to a value of $2,973.5 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 pasta & noodles market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pasta & noodles market in South Korea
- Leading company profiles reveal details of key pasta & noodles market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea pasta & noodles market with five year forecasts
- What was the size of the South Korea pasta & noodles market by value in 2023?
- What will be the size of the South Korea pasta & noodles market in 2028?
- What factors are affecting the strength of competition in the South Korea pasta & noodles market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's pasta & noodles 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 pasta & noodles market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. What are the most popular brands in the South Korean pasta & noodles market?
- 8 Company Profiles
- 8.1. Nongshim Co Ltd
- 8.2. Ottogi Corp Ltd
- 8.3. Samyang Roundsquare Co
- 8.4. Paldo Co Ltd
- 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 pasta & noodles market value: $ million, 2018-23
- Table 2: South Korea pasta & noodles market volume: million kilograms, 2018-23
- Table 3: South Korea pasta & noodles market category segmentation: % share, by value, 2018-23
- Table 4: South Korea pasta & noodles market category segmentation: $ million, 2018-23
- Table 5: South Korea pasta & noodles market geography segmentation: $ million, 2023
- Table 6: South Korea pasta & noodles market distribution: % share, by value, 2023
- Table 7: South Korea pasta & noodles market value forecast: $ million, 2023-28
- Table 8: South Korea pasta & noodles market volume forecast: million kilograms, 2023-28
- Table 9: South Korea pasta & noodles market share: % share, by value, 2023
- Table 10: Nongshim Co Ltd: Key Facts
- Table 11: Nongshim Co Ltd: Annual Financial Ratios
- Table 12: Nongshim Co Ltd: Key Employees
- Table 13: Ottogi Corp Ltd: Key Facts
- Table 14: Ottogi Corp Ltd: Annual Financial Ratios
- Table 15: Ottogi Corp Ltd: Key Employees
- Table 16: Samyang Roundsquare Co: Key Facts
- Table 17: Samyang Roundsquare Co: Annual Financial Ratios
- Table 18: Samyang Roundsquare Co: Key Employees
- Table 19: Paldo Co Ltd: Key Facts
- Table 20: South Korea Size of Population (million), 2019-23
- Table 21: South Korea Real GDP (constant 2010 prices, $ billion), 2019-23
- Table 22: South Korea GDP (current prices, $ billion), 2019-23
- Table 23: South Korea Inflation, 2019-23
- Table 24: South Korea Consumer Price Index (absolute), 2019-23
- Table 25: South Korea Exchange Rate, 2018-23
- List of Figures
- Figure 1: South Korea pasta & noodles market value: $ million, 2018-23
- Figure 2: South Korea pasta & noodles market volume: million kilograms, 2018-23
- Figure 3: South Korea pasta & noodles market category segmentation: $ million, 2018-23
- Figure 4: South Korea pasta & noodles market geography segmentation: % share, by value, 2023
- Figure 5: South Korea pasta & noodles market distribution: % share, by value, 2023
- Figure 6: South Korea pasta & noodles market value forecast: $ million, 2023-28
- Figure 7: South Korea pasta & noodles market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the pasta & noodles market in South Korea, 2023
- Figure 9: Drivers of buyer power in the pasta & noodles market in South Korea, 2023
- Figure 10: Drivers of supplier power in the pasta & noodles market in South Korea, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the pasta & noodles market in South Korea, 2023
- Figure 12: Factors influencing the threat of substitutes in the pasta & noodles market in South Korea, 2023
- Figure 13: Drivers of degree of rivalry in the pasta & noodles market in South Korea, 2023
- Figure 14: South Korea pasta & noodles market share: % share, by value, 2023
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