South Korea Savory Snacks Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Savory Snacks in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 savory snacks market consists of the retail sale of ethnic/traditional snacks, meat snacks, nuts and seeds, popcorn, potato chips, processed snacks and pretzels products. 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 Savory Snacks market had total revenues of $975.7m in 2021, representing a compound annual growth rate (CAGR) of 0.9% between 2016 and 2021.
- Market consumption volumes declined with a CAGR of -0.1% between 2016 and 2021, to reach a total of 97.3 million kilograms in 2021.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.7% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $1,117.0m by the end of 2026.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the savory snacks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the savory snacks market in South Korea
- Leading company profiles reveal details of key savory snacks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea savory snacks market with five year forecasts by both value and volume
- What was the size of the South Korea savory snacks market by value in 2021?
- What will be the size of the South Korea savory snacks market in 2026?
- What factors are affecting the strength of competition in the South Korea savory snacks market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's savory snacks 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. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the South Korean savory snacks 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. Nongshim Co Ltd
- 8.2. Orion Corp.
- 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 savory snacks market value: $ million, 2016-21
- Table 2: South Korea savory snacks market volume: million kilograms, 2016-21
- Table 3: South Korea savory snacks market category segmentation: $ million, 2021
- Table 4: South Korea savory snacks market geography segmentation: $ million, 2021
- Table 5: South Korea savory snacks market distribution: % share, by value, 2021
- Table 6: South Korea savory snacks market value forecast: $ million, 2021-26
- Table 7: South Korea savory snacks market volume forecast: million kilograms, 2021-26
- Table 8: South Korea savory snacks market share: % share, by value, 2021
- Table 9: Nongshim Co Ltd: key facts
- Table 10: Nongshim Co Ltd: Annual Financial Ratios
- Table 11: Nongshim Co Ltd: Key Employees
- Table 12: Orion Corp.: key facts
- Table 13: Orion Corp.: Annual Financial Ratios
- Table 14: Orion Corp.: Key Employees
- Table 15: Haitai Confectionery and Foods Co Ltd: key facts
- Table 16: Haitai Confectionery and Foods Co Ltd: Annual Financial Ratios
- Table 17: Haitai Confectionery and Foods Co Ltd: Key Employees
- Table 18: Lotte Co Ltd: key facts
- Table 19: Lotte 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 savory snacks market value: $ million, 2016-21
- Figure 2: South Korea savory snacks market volume: million kilograms, 2016-21
- Figure 3: South Korea savory snacks market category segmentation: % share, by value, 2021
- Figure 4: South Korea savory snacks market geography segmentation: % share, by value, 2021
- Figure 5: South Korea savory snacks market distribution: % share, by value, 2021
- Figure 6: South Korea savory snacks market value forecast: $ million, 2021-26
- Figure 7: South Korea savory snacks market volume forecast: million kilograms, 2021-26
- Figure 8: Forces driving competition in the savory snacks market in South Korea, 2021
- Figure 9: Drivers of buyer power in the savory snacks market in South Korea, 2021
- Figure 10: Drivers of supplier power in the savory snacks market in South Korea, 2021
- Figure 11: Drivers of degree of rivalry in the savory snacks market in South Korea, 2021
- Figure 12: South Korea savory snacks market share: % share, by value, 2021
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