South Korea Bakery and Cereals Market Summary, Competitive Analysis and Forecast to 2027
Summary
Bakery & Cereals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 2022 exchange rates.
The South Korean Bakery & Cereals market had total revenues of $5,031.8 million in 2022, representing a compound annual growth rate (CAGR) of 3.7% between 2017 and 2022.
Market consumption volume increased with a CAGR of 1.9% between 2017 and 2022, to reach a total of 571.8 million kilograms in 2022.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 4.3% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $6,212.8 million by the end of 2027.
Scope
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
Reasons to Buy
What was the size of the South Korea bakery & cereals market by value in 2022?
What will be the size of the South Korea bakery & cereals market in 2027?
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 5 years (2017-2022)?
7.4. Which companies’ market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the South Korea bakery & cereals market?
8 Company Profiles
8.1. Orion Holdings Corporation
8.2. SPC Co Ltd
8.3. Haitai Confectionery and Foods Co Ltd
8.4. Lotte 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, 2017-22
Table 2: South Korea bakery & cereals market volume: million kilograms, 2017-22
Table 3: South Korea bakery & cereals market category segmentation: % share, by value, 2017-2022
Table 4: South Korea bakery & cereals market category segmentation: $ million, 2017-2022
Table 5: South Korea bakery & cereals market geography segmentation: $ million, 2022
Table 6: South Korea bakery & cereals market distribution: % share, by value, 2022
Table 7: South Korea bakery & cereals market value forecast: $ million, 2022-27
Table 8: South Korea bakery & cereals market volume forecast: million kilograms, 2022-27
Table 9: South Korea bakery & cereals market share: % share, by value, 2022