Consumer and Market Insights: Dairy & Soy Food in South Korea
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The Savory Snacks market in South Korea is forecast to register marginally higher growth in value terms during 2015-2020 compared to 2010-2015. Processed Snacks is the leading value category and Potato Chips is forecast to register the fastest growth during 2015-2020. Savory Snacks consumption among South Koreans is mainly influenced by Sensory Fusion and Fresh, Natural & Pure consumer trends.
Scope
The Dairy & Soy Food market in South Korea is forecast to register higher growth in value terms during 2015-2020.
The Milk category has the highest volume share in the overall Dairy & Soy Food market.
On-trade transactions account for 49.0% share in the distribution of products in the Soymilk & Soy Drinks category.
The Cheese category is expected to record maximum gain in market share during 2015-2020.
“Original” and “Plain” variants are gaining popularity in the South Korean Dairy & Soy Food market.
Hypermarkets & Supermarkets is the leading distribution channel in South Korean Food market.
Private label products or retailer brands in the Cheese category registered the fastest growth during 2012-2015.
Rigid Plastics is the most commonly used packaging material in the South Korean Dairy & Soy Food market.
Reasons to Buy
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Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
Access the key and most influential consumer trends driving Dairy & Soy Food products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Access to analysis on products launched in the market
Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
Bongrain S.A.
Groupe Lactalis
Honey-Butter Products Co. Inc.
Lotte Co. Ltd.
Maeil Dairy Industry Co.
Namyang Dairy Products Co.
Seoul Dairy Cooperative
Unilever Plc
ALPENHAIN Käsespezialitäten-Werk GmbH & Co. KG
Beemster Cheese
Belgioioso Cheese Inc.
Dongwon Dairy Foods Co. Ltd.
Eredi Angelo Baruffaldi Srl
BGF Retail
7-Eleven
Home plus.
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