South Korea Breakfast Cereals Market Summary, Competitive Analysis and Forecast to 2027
Summary
Breakfast Cereals in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 breakfast cereals market consists of retail sales of hot cereals and ready-to-eat cereals. Hot cereals segment consists of traditional products (e.g. porridge oats), instant mixes and ready-to-heat products. Ready-to-eat cereals segment consists of children's breakfast cereals and family breakfast cereals such as, flakes, muesli and other RTE cereals. 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 Breakfast Cereals market had total revenues of $240.1 million in 2022, representing a compound annual growth rate (CAGR) of -1.2% between 2017 and 2022.
- Market consumption volumes declined with a CAGR of -3.4% between 2017 and 2022, to reach a total of 14.3 million kilograms in 2022.
- The performance of the market is forecast to decline even faster, with an anticipated CAGR of -1.9% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $218.3 million by the end of 2027.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the breakfast cereals market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the breakfast cereals market in South Korea
- Leading company profiles reveal details of key breakfast cereals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea breakfast cereals market with five year forecasts by both value and volume
- What was the size of the South Korea breakfast cereals market by value in 2022?
- What will be the size of the South Korea breakfast cereals market in 2027?
- What factors are affecting the strength of competition in the South Korea breakfast cereals market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's breakfast 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 breakfast 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 over the same period?
- 7.5. What are the most popular brands in the South Korean breakfast cereals market?
- 8 Company Profiles
- 8.1. Kellogg Co
- 8.2. Seitenbacher America LLC
- 8.3. Pulmuone 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 breakfast cereals market value: $ million, 2017-22
- Table 2: South Korea breakfast cereals market volume: million kilograms, 2017-22
- Table 3: South Korea breakfast cereals market category segmentation: % share, by value, 2017-2022
- Table 4: South Korea breakfast cereals market category segmentation: $ million, 2017-2022
- Table 5: South Korea breakfast cereals market geography segmentation: $ million, 2022
- Table 6: South Korea breakfast cereals market distribution: % share, by value, 2022
- Table 7: South Korea breakfast cereals market value forecast: $ million, 2022-27
- Table 8: South Korea breakfast cereals market volume forecast: million kilograms, 2022-27
- Table 9: South Korea breakfast cereals market share: % share, by value, 2022
- Table 10: Kellogg Co: key facts
- Table 11: Kellogg Co: Annual Financial Ratios
- Table 12: Kellogg Co: Key Employees
- Table 13: Kellogg Co: Key Employees Continued
- Table 14: Seitenbacher America LLC: key facts
- Table 15: Pulmuone Co Ltd: key facts
- Table 16: Pulmuone Co Ltd: Annual Financial Ratios
- Table 17: Pulmuone Co Ltd: Key Employees
- Table 18: South Korea size of population (million), 2018-22
- Table 19: South Korea gdp (constant 2005 prices, $ billion), 2018-22
- Table 20: South Korea gdp (current prices, $ billion), 2018-22
- Table 21: South Korea inflation, 2018-22
- Table 22: South Korea consumer price index (absolute), 2018-22
- Table 23: South Korea exchange rate, 2018-22
- List of Figures
- Figure 1: South Korea breakfast cereals market value: $ million, 2017-22
- Figure 2: South Korea breakfast cereals market volume: million kilograms, 2017-22
- Figure 3: South Korea breakfast cereals market category segmentation: $ million, 2017-2022
- Figure 4: South Korea breakfast cereals market geography segmentation: % share, by value, 2022
- Figure 5: South Korea breakfast cereals market distribution: % share, by value, 2022
- Figure 6: South Korea breakfast cereals market value forecast: $ million, 2022-27
- Figure 7: South Korea breakfast cereals market volume forecast: million kilograms, 2022-27
- Figure 8: Forces driving competition in the breakfast cereals market in South Korea, 2022
- Figure 9: Drivers of buyer power in the breakfast cereals market in South Korea, 2022
- Figure 10: Drivers of supplier power in the breakfast cereals market in South Korea, 2022
- Figure 11: Factors influencing the likelihood of new entrants in the breakfast cereals market in South Korea, 2022
- Figure 12: Factors influencing the threat of substitutes in the breakfast cereals market in South Korea, 2022
- Figure 13: Drivers of degree of rivalry in the breakfast cereals market in South Korea, 2022
- Figure 14: South Korea breakfast cereals market share: % share, by value, 2022
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