Consumer and Market Insights: Dairy & Soy Food in South Korea
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.
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.
Canadean’s Consumer and Market Insights report on the Dairy & Soy Food market in South Korea provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares. What else is contained?
Market data: Overall market value and volume data with growth analysis for 2010-2020
Category coverage: Value and growth analysis for Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Milk, Soymilk & Soy Drinks, and Yogurt with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020
Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015.
Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and others in 2015
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Rigid Plastics, Paper & Board, Flexible Packaging, Glass and Rigid Metal; container data for: Bottle, Carton, Tub, Pouch, Film, Bag/Sachet, Tray and others
Consumer level trends: Top four consumer trends which influence Dairy & Soy Food products consumption
Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020
Reasons To Buy
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
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
South Korea, Dairy & Soy Food, Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Milk, Soymilk & Soy Drinks and Yogurt, Hypermarkets & Supermarkets, Food & Drinks Specialists, Convenience Stores, Department Stores channel share, brand share, market share, packaging, materials, containers, closure, outer, volume share, value share
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook