South Korea: Honey Market - Analysis, Size, Trends, Consumption, and Forecast

South Korea: Honey Market - Analysis, Size, Trends, Consumption, and Forecast


The South Korean Honey Market Report Description

This report presents a comprehensive overview of the South Korean honey market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the honey market in South Korea and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.

The report covers honey (a naturally sweet, golden-colored and thick substance produced by honeybees through the collection and conversion of flower nectar; including honey; excluding sugar and artificial sweeteners) and is broken down by:

  • Organic vs. non-organic: Organic honey; Non-organic honey;
  • Raw vs. processed: Raw honey; Processed honey;
  • Brand: Branded honey; Private label honey;
  • Packaging: Bottle; Jar; Bear; Jug; Tub; Bag; Can; Envelope; Beehive; Box;
  • Packaging material: Plastic; Glass; Metal; Coated paper; Paperboard;
  • Packaging size: 12 Oz to 12.99 Oz; 13 Oz to 16.99 Oz; 17 Oz to 22.99 Oz; 23 Oz to 24.99 Oz; 25 Oz to 32.99 Oz; 33 Oz to 40.99 Oz; 41 Oz to 44.99 Oz; 45 Oz to 48.99 Oz; 49 Oz to 79.99 Oz; 80 Oz to 80.99 Oz
  • Price segments: Mass; Mid-priced; Premium
  • End users: Industrial (Processing); HoReCa; Retail
  • Distribution channels: HoReCa; Retail
  • Retail distribution channels: Supermarkets and hypermarkets; Convenience stores; Specialist retailers; Independent retailers; Others

You will receive the report within three working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.

State of the Demographics and Economy of Northeast Asia

This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Northeast Asia.

  • What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Northeast Asia?
  • What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Northeast Asia?

Analysis of the Honey Market in South Korea

The market analysis section provides an overview of the market size and dynamics in volume and value terms for the last five years. It answers the following questions:

  • What is the size of the honey market in South Korea?
  • How has the honey market in South Korea performed in volume and value terms for the last five years?
  • How is the market structured?
  • What are the major trends affecting the market?
  • Which are the major companies on the market?
  • How intensive is the competitive landscape?
  • What are the drivers and challenges affecting the market development?

Honey Prices in South Korea

The price section of the report answers the following questions:

  • How is the value chain of the market formed?
  • What is the structure of price formation?
  • What are the retail prices of honey in South Korea?

Foreign Trade Operations of Honey in South Korea

The foreign trade operations section answers the following questions:

  • What is the trade balance in volume and value terms?
  • Does South Korea import more honey than it exports?
  • How has the trade balance changed over the last five years?

Imports of Honey to South Korea

The import section of the report answers the following questions:

  • How has the volume and value of imports changed over the past five years?
  • Which are the major countries that import honey to South Korea?
  • What is the average price of the honey imported to South Korea?

Exports of Honey from South Korea

The export section of the report answers the following questions:

  • How has the volume and value of exports changed over the past five years?
  • Which are the main recipient countries of the South Korean honey exports?
  • What is the average price of the honey exported from South Korea?

Consumption of Honey in South Korea

The consumption section of the report answers the following questions:

  • What is the per capita consumption volume and value? How has it changed over the past five years?

Forecast

The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:

  • How will the honey market in South Korea look like over the next six years in both volume and value terms for each possible scenario?

Short Methodology

This research report has been prepared with WMStrategy’s research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.

For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.

Customization

The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!

Report Benefits

  • Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
  • Track and identify key market trends and insights on key drivers behind recent market changes;
  • Strategically assess the competitive position of the main market players;
  • Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
  • Assess growth potential, opportunities, demand drivers, and challenges on the market;
  • Quickly and cost–effectively receive a complete strategic analysis of the market;
  • Improve your pitches and presentations by using verified market data and expert insights;
  • Make important strategic decisions safely and with confidence;
  • Receive professional expertise on the market and everything important connected with its development;
  • Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
  • Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
  • Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
  • Acquire data your competitors might already have and be acting upon.

Report Users

This market research report is ideal for people who want to gain a comprehensive understanding of the South Korean honey market. Most often these are professionals actively working in the market as:

  • C-suite executives;
  • Directors;
  • Market strategists;
  • Marketing professionals;
  • Business development professionals;
  • Product developers;
  • Product marketers and strategists;
  • Product managers;
  • Project managers;
  • Suppliers;
  • Traders.

This report can also bring value to professionals, not actively involved in the market, such as:

  • Management consultants;
  • Investment managers;
  • Financial professionals;
  • Bank managers;
  • M&A managers;
  • Auditors.


Please note:*The report will be updated with the latest information upon order confirmation which is why it will take 5 day to complete*


TABLE OF CONTENTS

INTRODUCTION

  • Report description
  • Research methodology

EXECUTIVE SUMMARY

CHARACTERISTICS OF HONEY

STATE OF THE DEMOGRAPHICS AND ECONOMY OF NORTHEAST ASIA

  • Characteristics of the demographics of Northeast Asia in 2019-2023
  • Characteristics of the economy of Northeast Asia in 2019-2023
  • Forecast for the development of the economy of Northeast Asia in 2024-2026

HONEY MARKET IN SOUTH KOREA

  • Volume, value, and dynamics of the honey market in South Korea in 2019-2023
  • Key recent trends on the honey market in South Korea
  • Competitive landscape of the market
  • Key drivers and restraints for the market development in the medium term

PRICES OF HONEY IN SOUTH KOREA

  • Value chain analysis
  • Structure of price formation
  • Characteristics of the retail prices of honey in South Korea in 2019-2023

FOREIGN TRADE OPERATIONS OF HONEY IN SOUTH KOREA

  • Foreign trade operations of honey in South Korea in 2019-2023

IMPORTS OF HONEY TO SOUTH KOREA

  • Volume, value and dynamics of the imports of honey to South Korea in 2019-2023
  • Main countries importing honey to South Korea
  • Average prices of the honey imported to South Korea

EXPORTS OF HONEY FROM SOUTH KOREA

  • Volume, value, and dynamics of the South Korean exports of honey in 2019-2023
  • Main countries that receive honey exports from South Korea
  • Average prices of the honey exported from South Korea

CONSUMPTION OF HONEY IN SOUTH KOREA

  • Volume, value, and dynamics of the per capita consumption of honey in South Korea in 2019-2023

FORECAST FOR THE DEVELOPMENT OF THE HONEY MARKET IN SOUTH KOREA IN 2024-2029

  • Factors influencing the development of the honey market in South Korea in the medium term
  • Forecast for the market development in the medium term under three possible scenarios

LIST OF TABLES

The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.

Executive Summary

  • Key indicators on the honey market in South Korea in 2019-2023

State of the Demographics and Economy of Northeast Asia

  • Key indicators of the demographics of Northeast Asia in 2019-2023
  • Key indicators of the economy of Northeast Asia
  • Forecast for the economy of Northeast Asia for 2024-2026

Honey Market in South Korea

  • Volume and dynamics of the honey market in South Korea in 2019-2023
  • Value and dynamics of the honey market in South Korea in 2019-2023
  • Structure of the honey market in South Korea by organic vs. non-organic
  • Structure of the honey market in South Korea by raw vs. processed
  • Structure of the honey market in South Korea by brand
  • Structure of the honey market in South Korea by packaging
  • Structure of the honey market in South Korea by packaging material
  • Structure of the honey market in South Korea by packaging size
  • Structure of the honey market in South Korea by price segments
  • Structure of the honey market in South Korea by end users
  • Structure of the honey market in South Korea by distribution channels
  • Structure of the honey market in South Korea by retail distribution channels

Prices of Honey in South Korea

  • Value chain analysis of the honey market in South Korea
  • Cost breakdown of the price formation of honey in South Korea, in %
  • Average retail prices of honey in South Korea in 2019-2023

Foreign Trade Operations of Honey in South Korea

  • Trade balance of the honey foreign trade in South Korea in 2019-2023, in volume terms
  • Trade balance of the honey foreign trade in South Korea in 2019-2023, in value terms

Imports of Honey to South Korea

  • Volume and dynamics of the imports of honey to South Korea in 2019-2023
  • Value and dynamics of the imports of honey to South Korea in 2019-2023
  • Main countries importing honey to South Korea, in value terms
  • Average prices of the honey imported to South Korea in 2019-2023

Exports of Honey from South Korea

  • Volume and dynamics of the South Korean exports of honey in 2019-2023
  • Value and dynamics of the South Korean exports of honey in 2019-2023
  • Recipient countries of the South Korean exports of honey, in value terms
  • Average prices of the honey exported from South Korea in 2019-2023

Consumption of Honey in South Korea

  • Volume and dynamics of the per capita consumption of honey in South Korea
  • Value and dynamics of the per capita consumption of honey in South Korea

Forecast for the Development of the Honey Market in South Korea

  • Base forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms
  • Pessimistic forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms
  • Optimistic forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms

LIST OF FIGURES

The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.

Honey Market in South Korea

  • Volume and dynamics of the honey market in South Korea in 2019-2023
  • Value and dynamics of the honey market in South Korea in 2019-2023
  • Structure of the honey market in South Korea by organic vs. non-organic
  • Structure of the honey market in South Korea by raw vs. processed
  • Structure of the honey market in South Korea by brand
  • Structure of the honey market in South Korea by packaging
  • Structure of the honey market in South Korea by packaging material
  • Structure of the honey market in South Korea by packaging size
  • Structure of the honey market in South Korea by price segments
  • Structure of the honey market in South Korea by end users
  • Structure of the honey market in South Korea by distribution channels
  • Structure of the honey market in South Korea by retail distribution channels

Prices of Honey in South Korea

  • Value chain analysis of the honey market in South Korea
  • Structure of the honey price formation in South Korea, in %
  • Average retail prices of honey in South Korea in 2019-2023

Foreign Trade Operations of Honey in South Korea

  • Trade balance of the honey foreign trade in South Korea in 2019-2023, in volume terms
  • Trade balance of the honey foreign trade in South Korea in 2019-2023, in value terms

Imports of Honey to South Korea

  • Volume and dynamics of the imports of honey to South Korea in 2019-2023
  • Value and dynamics of the imports of honey to South Korea in 2019-2023
  • Main countries importing honey to South Korea, in value terms
  • Average prices of the honey imported to South Korea in 2019-2023

Exports of Honey from South Korea

  • Volume and dynamics of the South Korean exports of honey in 2019-2023
  • Value and dynamics of the South Korean exports of honey in 2019-2023
  • Recipient countries of the South Korean exports of honey, in value terms
  • Average prices of the honey exported from South Korea in 2019-2023

Consumption of Honey in South Korea

  • Volume and dynamics of the per capita consumption of honey in South Korea
  • Value and dynamics of the per capita consumption of honey in South Korea

Forecast for the Development of the Honey Market in South Korea

  • Base forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms
  • Pessimistic forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms
  • Optimistic forecast for the development of the honey market in South Korea in 2024-2029, in volume and value terms

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