Hot Drinks in South Korea

Hot Drinks in South Korea

The emergence of COVID-19 in South Korea has had a major impact on certain categories within hot drinks in 2020 as a result of the country’s efforts to slow the spread of the virus, including social distancing measures, and travel restrictions. While overall, retail volume sales are set to benefit from work and study from home measures as encouraged by the government, demand for hot drinks through foodservice has notably declined; although many establishments were permitted to remain open, socia...

Euromonitor International's Hot Drinks in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they legislative, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Coffee, Other Hot Drinks, Tea.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Hot Drinks market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.


Hot Drinks in South Korea
Euromonitor International
December 2020
List OF CONTENTS AND TABLES
EXECUTIVE SUMMARY
COVID-19 impact on hot drinks
COVID-19 country impact
Company response
Retailing shift
Foodservice vs retail split
What next for hot drinks?
CHART 1 Hot Drinks Value Sales Growth Scenarios: 2018-2025
CHART 2 Hot Drinks Impact of Drivers on Value Sales: 2017-2025
MARKET DATA
Table 1 Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2015-2020
Table 2 Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2015-2020
Table 3 Retail Sales of Hot Drinks by Category: Volume 2015-2020
Table 4 Retail Sales of Hot Drinks by Category: Value 2015-2020
Table 5 Retail Sales of Hot Drinks by Category: % Volume Growth 2015-2020
Table 6 Retail Sales of Hot Drinks by Category: % Value Growth 2015-2020
Table 7 Foodservice Sales of Hot Drinks by Category: Volume 2015-2020
Table 8 Foodservice Sales of Hot Drinks by Category: % Volume Growth 2015-2020
Table 9 Total Sales of Hot Drinks by Category: Total Volume 2015-2020
Table 10 Total Sales of Hot Drinks by Category: % Total Volume Growth 2015-2020
Table 11 NBO Company Shares of Hot Drinks: % Retail Value 2016-2020
Table 12 LBN Brand Shares of Hot Drinks: % Retail Value 2017-2020
Table 13 Penetration of Private Label in Hot Drinks by Category: % Retail Value 2015-2020
Table 14 Retail Distribution of Hot Drinks by Format: % Volume 2015-2020
Table 15 Retail Distribution of Hot Drinks by Format and Category: % Volume 2020
Table 16 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Breakdown 2020-2025
Table 17 Forecast Sales of Hot Drinks by Retail vs Foodservice: % Volume Growth 2020-2025
Table 18 Forecast Retail Sales of Hot Drinks by Category: Volume 2020-2025
Table 19 Forecast Retail Sales of Hot Drinks by Category: Value 2020-2025
Table 20 Forecast Retail Sales of Hot Drinks by Category: % Volume Growth 2020-2025
Table 21 Forecast Retail Sales of Hot Drinks by Category: % Value Growth 2020-2025
Table 22 Forecast Foodservice Sales of Hot Drinks by Category: Volume 2020-2025
Table 23 Forecast Foodservice Sales of Hot Drinks by Category: % Volume Growth 2020-2025
Table 24 Forecast Total Sales of Hot Drinks by Category: Total Volume 2020-2025
Table 25 Forecast Total Sales of Hot Drinks by Category: % Total Volume Growth 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research Sources
KEY DATA FINDINGS
2020 IMPACT
Increasing demand for fresh coffee through retail due to social distancing measures and rising trend of the “Home Café”
Sales of coffee through foodservice cushioned by “working-from-coffee shop” consumers
Dongsuh Foods remains leading coffee player but Nestlé is dynamic within fresh ground coffee pods
RECOVERY AND OPPORTUNITIES
Fresh coffee has potential for further growth but is set to experience low dip in demand with return to foodservice in 2021
Decaffeinated coffee set to expand in both retail and foodservice over the forecast period
Brand collaborations between retailers and specialist coffee shops
CATEGORY DATA
Table 26 Retail Sales of Coffee by Category: Volume 2015-2020
Table 27 Retail Sales of Coffee by Category: Value 2015-2020
Table 28 Retail Sales of Coffee by Category: % Volume Growth 2015-2020
Table 29 Retail Sales of Coffee by Category: % Value Growth 2015-2020
Table 30 Retail Sales of Fresh Ground Coffee Pods by Hard vs Soft: % Volume 2015-2020
Table 31 NBO Company Shares of Coffee: % Retail Value 2016-2020
Table 32 LBN Brand Shares of Coffee: % Retail Value 2017-2020
Table 33 Forecast Retail Sales of Coffee by Category: Volume 2020-2025
Table 34 Forecast Retail Sales of Coffee by Category: Value 2020-2025
Table 35 Forecast Retail Sales of Coffee by Category: % Volume Growth 2020-2025
Table 36 Forecast Retail Sales of Coffee by Category: % Value Growth 2020-2025
KEY DATA FINDINGS
2020 IMPACT
Tea benefits from demand for perceived healthy beverages
Larger formats see opportunities for expansion
Dongsuh Foods retains overall leadership of tea in 2020 but continues to lose share to competitors
RECOVERY AND OPPORTUNITIES
Functional ingredients will remain important factor in driving demand for more premium options
Players seek to attract consumers with milk tea variation
Consumers increasingly move online
CATEGORY DATA
Table 37 Retail Sales of Tea by Category: Volume 2015-2020
Table 38 Retail Sales of Tea by Category: Value 2015-2020
Table 39 Retail Sales of Tea by Category: % Volume Growth 2015-2020
Table 40 Retail Sales of Tea by Category: % Value Growth 2015-2020
Table 41 NBO Company Shares of Tea: % Retail Value 2016-2020
Table 42 LBN Brand Shares of Tea: % Retail Value 2017-2020
Table 43 Forecast Retail Sales of Tea by Category: Volume 2020-2025
Table 44 Forecast Retail Sales of Tea by Category: Value 2020-2025
Table 45 Forecast Retail Sales of Tea by Category: % Volume Growth 2020-2025
Table 46 Forecast Retail Sales of Tea by Category: % Value Growth 2020-2025
KEY DATA FINDINGS
2020 IMPACT
Marginal reprieve for other hot drinks in 2020 due to stay at home measures
Social media and “Home Café” trend drive experimentation in 2020
Dongsuh Foods remains leading other hot drinks producer
RECOVERY AND OPPORTUNITIES
Warmer winters could continue to adversely impact already limited demand for other hot drinks over forecast period
Chocolate-based flavoured powder drinks to record weaker performance over the forecast period
Creation of “Home Café” during pandemic could still offer potential for small indulgences
CATEGORY DATA
Table 47 Retail Sales of Other Hot Drinks by Category: Volume 2015-2020
Table 48 Retail Sales of Other Hot Drinks by Category: Value 2015-2020
Table 49 Retail Sales of Other Hot Drinks by Category: % Volume Growth 2015-2020
Table 50 Retail Sales of Other Hot Drinks by Category: % Value Growth 2015-2020
Table 51 NBO Company Shares of Other Hot Drinks: % Retail Value 2016-2020
Table 52 LBN Brand Shares of Other Hot Drinks: % Retail Value 2017-2020
Table 53 Forecast Retail Sales of Other Hot Drinks by Category: Volume 2020-2025
Table 54 Forecast Retail Sales of Other Hot Drinks by Category: Value 2020-2025
Table 55 Forecast Retail Sales of Other Hot Drinks by Category: % Volume Growth 2020-2025
Table 56 Forecast Retail Sales of Other Hot Drinks by Category: % Value Growth 2020-2025

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