South Korea Beer and Cider Market Summary, Competitive Analysis and Forecast to 2027
Summary
Beer & Cider in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-22, 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 beer & cider market consist of the retail sale of beer & cider. The beer segment consists of ale, dark beer, lager, stout, flavored beer, wheat beer, beer mixes and seasonal beer. The cider segment consists of apple cider, flavored cider, pear cider and seasonal cider. 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 Beer & Cider market had total revenues of $13,665.1 million in 2022, representing a compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
Market consumption volume increased with a CAGR of 1.8% between 2017 and 2022, to reach a total of 2,280.8 million liters in 2022.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 6.5% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $18,740.8 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 beer & cider market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the beer & cider market in South Korea
Leading company profiles reveal details of key beer & cider market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea beer & cider market with five year forecasts by both value and volume
Reasons to Buy
What was the size of the South Korea beer & cider market by value in 2022?
What will be the size of the South Korea beer & cider market in 2027?
What factors are affecting the strength of competition in the South Korea beer & cider market?
How has the market performed over the last five years?
Who are the top competitors in South Korea's beer & cider 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 beer & cider 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 Korean beer & ciders market?
8 Company Profiles
8.1. Molson Coors Beverage Company
8.2. Hite Jinro Co Ltd
8.3. Lotte Chilsung Beverage Co Ltd
8.4. Heineken Holding NV
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 beer & cider market value: $ million, 2017–22
Table 2: South Korea beer & cider market volume: million liters, 2017–22
Table 3: South Korea beer & cider market category segmentation: % share, by value, 2017–2022
Table 4: South Korea beer & cider market category segmentation: $ million, 2017-2022
Table 5: South Korea beer & cider market geography segmentation: $ million, 2022
Table 6: South Korea beer & cider market distribution: % share, by volume, 2022
Table 7: South Korea beer & cider market value forecast: $ million, 2022–27
Table 8: South Korea beer & cider market volume forecast: million liters, 2022–27
Table 9: South Korea beer & cider market share: % share, by volume, 2022