Pies and Savory Appetisers (Savory and Deli Foods) Market in South Korea – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The pies and savory appetizers market in South Korea was valued at KRW474.32 billion in 2020. The market is projected to grow at a CAGR of more than 2% during the forecast period. In 2020, the pies segment accounted for a major share of the market, while savory appetizers stood in the second position. Pies is expected to be the fastest-growing segment of the savory appetizers market in the forecast period and the weakest performing segment is forecasted to be savory appetizers. Savory appetizers accounted for the larger part of the market volume in 2020. Within the distribution channels, hypermarkets and supermarkets accounted for a majority share of the market for pies and savory appetizers.
The South Korea pies and savory appetizers 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 pies and savory appetizers and its variants pies and savory appetizers.
South Korea pies and savory appetizers market overview
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What are the key segments in the South Korea pies and savory appetizers market?
The key segments in the pies and savory appetizers market in South Korea are pies and savory appetizers. In 2020, pies accounted for the larger part of the market in terms of value and savory appetizers accounted for the larger part of the market in terms of volume. Savory appetizers was also the fastest-growing segment of the market during the review period.
South Korea pies and savory appetizers market, by segments
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What are the key distribution channels in the South Korea pies and savory appetizers market?
The key distribution channels in the pies and savory appetizers 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 and convenience stores registered the fastest growth in the review period.
South Korea pies and savory appetizers market, by distribution channels
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Market report scope
Market size (Year – 2020) | KRW474.32 billion |
Growth rate | CAGR of >2% |
Forecast period | 2020-2025 |
Key segments | Pies and Savory Appetizers |
Key distribution channels | Hypermarkets and Supermarkets, Food and Drinks Specialists, Convenience Stores, and Cash and Carries and Warehouse Clubs |
This report provides:
- Overall pies and savory appetizers (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 pies and savory appetizers (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, brand dynamics 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 pies and savory appetizers market size in 2020?
The pies and savory appetizers market size in South Korea was valued at KRW474.32 billion in 2020.
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What is the South Korea pies and savory appetizers market growth rate?
The pies and savory appetizers 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 segments in the South Korea pies and savory appetizers market?
The key segments in the pies and savory appetizers market in South Korea are pies and savory appetizers.
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What are the key distribution channels in the South Korea pies and savory appetizers market?
The key distribution channels in the pies and savory appetizers 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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