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Food & Grocery Retail in South Korea

Publisher MarketLine
Published Oct 09, 2025
Length 41 Pages
SKU # MTLN20645737

Description

Food & Grocery Retail in South Korea

Summary

Food & Grocery Retail in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The food & grocery retail market is segmented into household products, tobacco, food, and drinks. Market value refers to retail sales.
  • The South Korean food & grocery retail market recorded revenues of $118.2 billion in 2024, representing a compound annual growth rate (CAGR) of 1.4% between 2019 and 2024.
  • The food segment accounted for the market's largest proportion in 2024, with total revenues of $82.8 billion, equivalent to 70.1% of the market's overall value.
  • In 2024, South Korea accounted for a 1.9% share of the Asia-Pacific food & grocery retail market.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, and leading players in the food & grocery retail market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the food & grocery retail market in South Korea
  • Leading company profiles reveal details of key food & grocery retail market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea food & grocery retail market with five year forecasts
Reasons to Buy
  • What was the size of the South Korea food & grocery retail market by value in 2024?
  • What will be the size of the South Korea food & grocery retail market in 2029?
  • What factors are affecting the strength of competition in the South Korea food & grocery retail market?
  • How has the market performed over the last five years?
  • How large is South Korea’s food & grocery retail market in relation to its regional counterparts?

Table of Contents

41 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of leading players?
7.3. What are the strengths of leading players?
7.4. What are the most recent developments in the market?
8 Company Profiles
8.1. Lotte Corp
8.2. EMART Inc
8.3. GS Retail Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea food & grocery retail market value: $ million, 2019-24
Table 2: South Korea food & grocery retail market category segmentation: % share, by value, 2019-24
Table 3: South Korea food & grocery retail market category segmentation: $ million, 2019-24
Table 4: South Korea food & grocery retail market geography segmentation: $ million, 2024
Table 5: South Korea food & grocery retail market distribution: % share, by value, 2024
Table 6: South Korea food & grocery retail market value forecast: $ million, 2024-29
Table 7: Lotte Corp: Key Facts
Table 8: Lotte Corp: Annual Financial Ratios
Table 9: Lotte Corp: Key Employees
Table 10: EMART Inc: Key Facts
Table 11: EMART Inc: Annual Financial Ratios
Table 12: EMART Inc: Key Employees
Table 13: GS Retail Co Ltd: Key Facts
Table 14: GS Retail Co Ltd: Annual Financial Ratios
Table 15: GS Retail Co Ltd: Key Employees
Table 16: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea food & grocery retail market value: $ million, 2019-24
Figure 2: South Korea food & grocery retail market category segmentation: $ million, 2019-24
Figure 3: South Korea food & grocery retail market geography segmentation: % share, by value, 2024
Figure 4: South Korea food & grocery retail market distribution: % share, by value, 2024
Figure 5: South Korea food & grocery retail market value forecast: $ million, 2024-29
Figure 6: Forces driving competition in the food & grocery retail market in South Korea, 2024
Figure 7: Drivers of buyer power in the food & grocery retail market in South Korea, 2024
Figure 8: Drivers of supplier power in the food & grocery retail market in South Korea, 2024
Figure 9: Factors influencing the likelihood of new entrants in the food & grocery retail market in South Korea, 2024
Figure 10: Factors influencing the threat of substitutes in the food & grocery retail market in South Korea, 2024
Figure 11: Drivers of degree of rivalry in the food & grocery retail market in South Korea, 2024

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