Seasonings, Dressings & Sauces 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 Seasonings, Dressings & Sauces market includes the sale of any additives/mixtures added to the food to enhance the flavor such as, wet cooking sauces, dressings, condiment sauces, dips, herbs, spices & seasonings and chutneys & relishes. 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 Seasonings, Dressings & Sauces market had total revenues of $1,680.7 million in 2023, representing a compound annual growth rate (CAGR) of 2.9% between 2018 and 2023.
Market consumption volume increased with a CAGR of 1% between 2018 and 2023, to reach a total of 396.9 million kilograms in 2023.
The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.6% for the five-year period 2023-2028, which is expected to drive the market to a value of $1,908.0 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 seasonings, dressings & sauces market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the seasonings, dressings & sauces market in South Korea
Leading company profiles reveal details of key seasonings, dressings & sauces market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea seasonings, dressings & sauces market with five year forecasts
Reasons to Buy
What was the size of the South Korea seasonings, dressings & sauces market by value in 2023?
What will be the size of the South Korea seasonings, dressings & sauces market in 2028?
What factors are affecting the strength of competition in the South Korea seasonings, dressings & sauces market?
How has the market performed over the last five years?
What are the main segments that make up South Korea's seasonings, dressings & sauces 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 seasonings, dressings & sauces market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-23)?
7.4. What are the most popular brands in the South Korean seasonings, dressings & sauces market?
8 Company Profiles
8.1. CJ CheilJedang Corp
8.2. Daesang Corp
8.3. Ottogi Corp Ltd
8.4. Sempio Foods Company
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 seasonings, dressings & sauces market value: $ million, 2018-23
Table 2: South Korea seasonings, dressings & sauces market volume: million kilograms, 2018-23
Table 3: South Korea seasonings, dressings & sauces market category segmentation: % share, by value, 2018-23
Table 4: South Korea seasonings, dressings & sauces market category segmentation: $ million, 2018-23
Table 5: South Korea seasonings, dressings & sauces market geography segmentation: $ million, 2023
Table 6: South Korea seasonings, dressings & sauces market distribution: % share, by value, 2023
Table 7: South Korea seasonings, dressings & sauces market value forecast: $ million, 2023-28
Table 8: South Korea seasonings, dressings & sauces market volume forecast: million kilograms, 2023-28
Table 9: South Korea seasonings, dressings & sauces market share: % share, by value, 2023
Table 10: CJ CheilJedang Corp: key facts
Table 11: CJ CheilJedang Corp: Annual Financial Ratios