South Korea Ice Cream Market Summary, Competitive Analysis and Forecast, 2017-2026

South Korea Ice Cream Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

Ice Cream 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 ice cream market consists of artisanal ice cream (both dairy and water-based), impulse ice cream (includes single-serve ice cream tubs, packaged cones ice cream sandwiches, and chocolate-coated ice creams) and take-home ice cream (includes multiple-serving ice cream tubs and, ice-cream cakes). The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2021 exchange rates.
  • The South Korean Ice Cream market had total revenues of $1,229.8m in 2021, representing a compound annual growth rate (CAGR) of -8.2% between 2016 and 2021.
  • Market production volumes declined with a CAGR of -8.7% between 2016 and 2021, to reach a total of 144.9 million kilograms in 2021.
  • The performance of the market is forecast to decline further but at a slower pace, with an anticipated CAGR of -5.8% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $914.6m by the end of 2026.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the ice cream market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the ice cream market in South Korea
  • Leading company profiles reveal details of key ice cream market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea ice cream market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea ice cream market by value in 2021?
  • What will be the size of the South Korea ice cream market in 2026?
  • What factors are affecting the strength of competition in the South Korea ice cream market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's ice cream 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 ice cream market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2016-2021)?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the market?
8 Company Profiles
8.1. Binggrae Co Ltd
8.2. Lotte Co Ltd
8.3. General Mills Inc
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 ice cream market value: $ million, 2016-21
Table 2: South Korea ice cream market volume: million Kilograms, 2016-21
Table 3: South Korea ice cream market category segmentation: % share, by value, 2016-2021
Table 4: South Korea ice cream market category segmentation: $ million, 2016-2021
Table 5: South Korea ice cream market geography segmentation: $ million, 2021
Table 6: South Korea ice cream market distribution: % share, by value, 2021
Table 7: South Korea ice cream market value forecast: $ million, 2021-26
Table 8: South Korea ice cream market volume forecast: million Kilograms, 2021-26
Table 9: South Korea ice cream market share: % share, by value, 2021
Table 10: Binggrae Co Ltd: key facts
Table 11: Binggrae Co Ltd: Annual Financial Ratios
Table 12: Binggrae Co Ltd: Key Employees
Table 13: Lotte Co Ltd: key facts
Table 14: Lotte Co Ltd: Key Employees
Table 15: General Mills Inc: key facts
Table 16: General Mills Inc: Annual Financial Ratios
Table 17: General Mills Inc: Key Employees
Table 18: South Korea size of population (million), 2017-21
Table 19: South Korea gdp (constant 2005 prices, $ billion), 2017-21
Table 20: South Korea gdp (current prices, $ billion), 2017-21
Table 21: South Korea inflation, 2017-21
Table 22: South Korea consumer price index (absolute), 2017-21
Table 23: South Korea exchange rate, 2017-21
List of Figures
Figure 1: South Korea ice cream market value: $ million, 2016-21
Figure 2: South Korea ice cream market volume: million Kilograms, 2016-21
Figure 3: South Korea ice cream market category segmentation: $ million, 2016-2021
Figure 4: South Korea ice cream market geography segmentation: % share, by value, 2021
Figure 5: South Korea ice cream market distribution: % share, by value, 2021
Figure 6: South Korea ice cream market value forecast: $ million, 2021-26
Figure 7: South Korea ice cream market volume forecast: million Kilograms, 2021-26
Figure 8: Forces driving competition in the ice cream market in South Korea, 2021
Figure 9: Drivers of buyer power in the ice cream market in South Korea, 2021
Figure 10: Drivers of supplier power in the ice cream market in South Korea, 2021
Figure 11: Factors influencing the likelihood of new entrants in the ice cream market in South Korea, 2021
Figure 12: Factors influencing the threat of substitutes in the ice cream market in South Korea, 2021
Figure 13: Drivers of degree of rivalry in the ice cream market in South Korea, 2021
Figure 14: South Korea ice cream market share: % share, by value, 2021

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