South Korea Carbonates (Soft drinks) Market Size, Growth and Forecast Analytics, 2023-2028

South Korea Carbonates (Soft drinks) Market Size, Growth and Forecast Analytics, 2023-2028

Summary

South Korea Carbonates (Soft drinks) Market Size, Growth and Forecast Analytics, 2023-2028 is a broad level market review of Carbonates market in South Korea.

Carbonates: Sweetened, non-alcoholic drinks containing carbon dioxide, both regular calorie and low calorie. For details on GlobalData's calorie definition please see section “Soft Drinks Calorie Rating”.

Includes:

Syrups for home carbonated soft drinks dispensers i.e., Sodastream Soda Mix (dilution 1 + 23) and out-of-home fountain syrups (expressed in RTD volume)

Carbonated Juice/Nectars: For example, TCCC’s Appletiser), and products such as Schorle and Gespritzte Fruchtsaefte (typical to Germany/Austria and additionally attributed under “Local Product” in the Soft Drinks Volume and Value database)

Gaseosa: Typical to the Spanish market

Soda Water: Such as carbonated water with sodium salts such as Schweppes Soda Water

Tonic Water: Such as sweetened carbonated drinks containing quinine such as Schweppes tonic water etc.

Carbonated Fermented Beverages: Such as kvass, fassbrause, or malt beverages

Carbonated drinks marketed as enhanced waters or flavored waters with juice content >=15%

Excludes:

Carbonated tea-based and coffee-based products (included in iced/RTD tea drinks and iced/RTD coffee drinks respectively) and carbonated sports drinks and energy drinks

Sweetened water-based carbonated flavored or enhanced waters where juice content is less than 15%. These are included under enhanced water or flavored water

Carbonates market in South Korea registered a positive compound annual growth rate (CAGR) of 5.68% during the period 2018 to 2023 with a sales value of KRW 70,03,752.06 Million in 2023, an increase of 8.63% over 2022. The market achieved its strongest performance in 2022, when it grew by 16.49% over its previous year and its weakest performance in 2020, when it fell by -0.36% over 2019.

The research handbook provides up-to-date market size data for period 2018-2023 and illustrative forecast to 2028, covering key market aspects like Sales Value and Volume for Carbonates and its variants .

Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2020 to 2023 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.

Due to on going large scale uncertainties in the market the research handbook acts as an essential tool for companies active or planning to venture in to South Korea's Carbonates (Soft drinks) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.

Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Liters.

*Note:Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.

Scope

• Overall Carbonates (Soft drinks) market value and volume analytics with growth analysis from 2018 to 2028.
• Value and Volume terms for the top brands.
• Distribution channel sales analytics from 2020-2023.

• Get access to authoritative and granular data on the Carbonates (Soft drinks) 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.