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Sector Analysis
South Korea Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
The prepared meals market in South Korea was valued at KRW798.1 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. In 2021, the South Korean prepared meals market was led by the ready meals category in both value and volume terms. Furthermore, the ready meals category is forecasted to register the fastest value and volume growth during 2021-2026. The South Korea prepared meals market report on the prepared meals...
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Sector Analysis
United States Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
The prepared meals market in the US was valued at $23.8 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period. In 2021, the US prepared meals market was led by the ready meals category in value as well as volume terms. Furthermore, the ready meals category is forecasted to register the fastest value growth during 2021-2026. Hypermarkets & supermarkets were the leading channels in the distribution of prepared meals...
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Sector Analysis
South Korea Pasta & Noodles – Market Assessment and Forecasts to 2025
The South Korean pasta & noodles sector was valued at $2.4 billion in 2020 and the market is projected to grow at a CAGR of more than 2% during 2021-2025. In 2020, Seoul emerged as the largest pasta & noodles market in South Korea, followed by Busan and Incheon. The pasta & noodles market in Incheon recorded the fastest growth during 2015-2020, while Seoul recorded the slowest growth during the same period. The value share of South Korea in the...
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Analyst Opinions
South Korea Pasta and Noodles – Market Assessment and Forecasts to 2024
The South Korean pasta & noodles sector was led by dried & instant noodles category in both value and volume terms in 2019. Furthermore, the dried pasta category is forecast to register fastest value growth while, chilled pasta is forecast to be the fastest growing category in volume terms during 2019-2024. Hypermarkets & supermarkets is the leading channel for distribution of pasta & noodles in the country. Flexible packaging was the most commonly used pack material in South Korea. Nongshim...
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Sector Analysis
Country Profile: Pasta & Noodles in South Korea
The South Korean pasta & noodles sector is led by the dried & instant noodles category in both value and volume terms, while dried pasta category is expected to register the fastest value growth during 2017-2022. Hypermarkets & supermarkets is the leading channel for the distribution of pasta & noodles in the country. Flexible packaging is the most commonly used pack material in the sector, while paper & board is forecast to register the fastest growth during 2017-2022. Nongshim, Ottogi...
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Sector Analysis
Country Profile: Fish & Seafood in South Korea
The fish & seafood sector in South Korea is led by the 'frozen fish & seafood (counter)' in both value and volume terms. 'Fresh fish & seafood (counter)' is expected to register the fastest value growth during 2017-2022. Hypermarkets & supermarkets held the largest market share among all the distribution channels in the fish & seafood products in the country. Rigid plastics is the most commonly used pack material in the sector, followed by rigid metal. Dongwon, Ottogi, Pulmuone and...
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Sector Analysis
Country Profile: Pasta & Noodles in South Korea
The South Korean pasta & noodles sector is led by the ‘dried & instant noodles’ category in both value and volume terms, while the dried pasta category is expected to register the fastest value growth during 2018–2023. Hypermarkets & supermarkets is the leading channel for the distribution of pasta & noodles products in the country. Flexible packaging is the most commonly used pack material in the sector. Nongshim Co Ltd, Ottogi Co, Ltd., and Yakult Honsha are the leading players...
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Sector Analysis
Opportunities in the Asia-Pacific Savory & Deli Sector: Analysis of Opportunities Offered by High-Growth Economies
Asia-Pacific emerged as the third-largest region with a value share of 19.9% in the global savory & deli sector in 2017, and is forecast to record a fastest CAGR of 8.5% during 2017-2022. Pies & savory appetisers was the largest category, accounting for US$8,982.9 (34.7% of the overall savory & deli sector) in 2017 and it is expected to reach US$13,521.9 million in 2022, growing at a CAGR of 8.5%. China was the largest market in terms of both value...
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Sector Analysis
Consumer and Market Insights: Fish & Seafood in South Korea
Fish & Seafood is a staple food in South Korean diet and the market in will continue to grow at a healthy rate during 2015-2020. Fresh Fish & Seafood (Counter) is the leading value category in the Fish & Seafood market in 2015 and is forecast to register fastest growth during 2015-2020 as South Korean consumers consider fresh and wild-caught Fish & Seafood to be of better quality and taste wise superior. However, with rising concern over safety of locally...
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Sector Analysis
Consumer and Market Insights: Prepared Meals in South Korea
The Prepared Meals market in South Korea is being led by the Ready Meals category which is also forecast to register fastest growth in value terms during 2015-2020.Hypermarkets & Supermarkets is the leading distribution channel in the market. Cj Group and Dongwon Group are the leading players in the South Korean Prepared Meals market. Although, the penetration of private labels is low in the market, they registered faster growth than brands during 2012-2015.