South Korea Bakery and Cereals Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Bakery & Cereals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The bakery & cereals market consists of retail sales of baking ingredients, baking mixes, bread & rolls, breakfast cereals, cakes, pastries & sweet pies, cereal bars, cookies (sweet biscuits), dough products, energy bars, morning goods and savory biscuits. 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 2021 exchange rates.
- The South Korean bakery & cereals market had total revenues of $4,440.6m in 2021, representing a compound annual growth rate (CAGR) of 3% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 1.9% between 2016 and 2021, to reach a total of 0.6 billion kilograms in 2021.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 3.6% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $5,288.2m by the end of 2026.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the bakery & cereals market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the bakery & cereals market in South Korea
- Leading company profiles reveal details of key bakery & cereals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea bakery & cereals market with five year forecasts
- What was the size of the South Korea bakery & cereals market by value in 2021?
- What will be the size of the South Korea bakery & cereals market in 2026?
- What factors are affecting the strength of competition in the South Korea bakery & cereals market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's bakery & cereals 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 bakery & cereals market?
- 7.3. Which companies have been most successful in increasing their market shares in the last five years (2016-21)?
- 7.4. Which companies’ market shares have suffered in the last five years (2016-21)?
- 7.5. What are the most popular brands in the market?
- 8 Company Profiles
- 8.1. SPC Co Ltd
- 8.2. Orion Corp.
- 8.3. Lotte Corp
- 8.4. Haitai Confectionery and Foods 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 bakery & cereals market value: $ million, 2016-21
- Table 2: South Korea bakery & cereals market volume: million kilograms, 2016-21
- Table 3: South Korea bakery & cereals market category segmentation: $ million, 2021
- Table 4: South Korea bakery & cereals market geography segmentation: $ million, 2021
- Table 5: South Korea bakery & cereals market distribution: % share, by value, 2021
- Table 6: South Korea bakery & cereals market value forecast: $ million, 2021-26
- Table 7: South Korea bakery & cereals market volume forecast: million kilograms, 2021-26
- Table 8: South Korea bakery & cereals market share: % share, by value, 2021
- Table 9: SPC Co Ltd: key facts
- Table 10: SPC Co Ltd: Key Employees
- Table 11: Orion Corp.: key facts
- Table 12: Orion Corp.: Annual Financial Ratios
- Table 13: Orion Corp.: Key Employees
- Table 14: Lotte Corp: key facts
- Table 15: Lotte Corp: Annual Financial Ratios
- Table 16: Lotte Corp: Key Employees
- Table 17: Haitai Confectionery and Foods Co Ltd: key facts
- Table 18: Haitai Confectionery and Foods Co Ltd: Annual Financial Ratios
- Table 19: Haitai Confectionery and Foods Co Ltd: Key Employees
- Table 20: South Korea size of population (million), 2017-21
- Table 21: South Korea gdp (constant 2005 prices, $ billion), 2017-21
- Table 22: South Korea gdp (current prices, $ billion), 2017-21
- Table 23: South Korea inflation, 2017-21
- Table 24: South Korea consumer price index (absolute), 2017-21
- Table 25: South Korea exchange rate, 2017-21
- List of Figures
- Figure 1: South Korea bakery & cereals market value: $ million, 2016-21
- Figure 2: South Korea bakery & cereals market volume: million kilograms, 2016-21
- Figure 3: South Korea bakery & cereals market category segmentation: % share, by value, 2021
- Figure 4: South Korea bakery & cereals market geography segmentation: % share, by value, 2021
- Figure 5: South Korea bakery & cereals market distribution: % share, by value, 2021
- Figure 6: South Korea bakery & cereals market value forecast: $ million, 2021-26
- Figure 7: South Korea bakery & cereals market volume forecast: million kilograms, 2021-26
- Figure 8: Forces driving competition in the bakery & cereals market in South Korea, 2021
- Figure 9: Drivers of buyer power in the bakery & cereals market in South Korea, 2021
- Figure 10: Drivers of supplier power in the bakery & cereals market in South Korea, 2021
- Figure 11: Factors influencing the likelihood of new entrants in the bakery & cereals market in South Korea, 2021
- Figure 12: Factors influencing the threat of substitutes in the bakery & cereals market in South Korea, 2021
- Figure 13: Drivers of degree of rivalry in the bakery & cereals market in South Korea, 2021
- Figure 14: South Korea bakery & cereals market share: % share, by value, 2021
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook