Cured Meats (Savory and Deli Foods) Market in South Korea – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The cured meats market in South Korea was valued at KRW29.60 billion in 2020. The market is projected to grow at a CAGR of more than 2% during the forecast period. Within the distribution channels, hypermarkets and supermarkets accounted for a majority share of the market and food and drinks specialists was the slowest operating channel.
The South Korea cured meats market research report provides up-to-date market size data for the period 2015-2020 and an illustrative forecast to 2025 premised on the COVID-19 hit, covering key market aspects like sales value and volume for cured meats and their variants.
South Korea cured meats market overview
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What are the key distribution channels in South Korea cured meats market?
The key distribution channels in the cured meats market in South Korea are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs. Hypermarkets and supermarkets dominated the market.
South Korea cured meats market, by distribution channel
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Market report scope
Market size (Year – 2020) | KRW29.60 billion |
Growth rate | CAGR of >2% |
Forecast period | 2020-2025 |
Key distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, and Cash and Carries and Warehouse Clubs |
This report provides:
- Overall cured meats (savory & deli foods) market value and volume analytics with growth analysis from 2015 to 2025.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the cured meats (savory & deli foods) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the South Korea cured meats market size in 2020?
The cured meats market size in South Korea was valued at KRW29.60 billion in 2020.
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What is the South Korea cured meats market growth rate?
The cured meats market in South Korea is projected to grow at a CAGR of more than 2% during the forecast period.
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What are the key distribution channels in South Korea cured meats market?
The key distribution channels in the cured meats market in South Korea are hypermarkets and supermarkets, food and drinks specialists, convenience stores, and cash and carries and warehouse clubs.
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