Soups in South Korea
Description
Soups in South Korea
Summary
Soups 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
Summary
Soups 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
- Soups market includes the retail sales of ambient soup, chilled soup, dried soup (mixes), frozen soup, and UHT soup.
- The South Korean soups market recorded revenues of $107.9 million in 2024, representing a compound annual growth rate (CAGR) of 4.9% between 2019-24.
- Market consumption volume increased with a CAGR of 5.2% between 2019-24, reaching a total of 3.7 million kilograms in 2024.
- The South Korean soups market registered healthy growth during 2019-24, primarily driven by growing urbanization, the rise of single-person households, and increasingly busy lifestyles fueled demand for quick-preparation and ready-to-heat soups, while manufacturers responded with product innovation in formats like cup soups, powdered blends, and UHT variants.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in South Korea
- Leading company profiles reveal details of key soups market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea soups market with five year forecasts
- What was the size of the South Korea soups market by value in 2024?
- What will be the size of the South Korea soups market in 2029?
- What factors are affecting the strength of competition in the South Korea soups market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's soups market?
Table of Contents
43 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume 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. Market share
- 7.2. Who are the leading players in the South Korean soups market?
- 7.3. Which companies have been most successful in increasing their market shares during 2019-24?
- 7.4. Which companies market shares have suffered during 2019-24?
- 7.5. What are the most popular brands in the South Korean soups market?
- 8 Company Profiles
- 8.1. Otoki Corp
- 8.2. Ajinomoto Co Inc
- 8.3. Daesang Corp
- 8.4. Sempio Foods Company
- 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 soups market value: $ million, 2019-24
- Table 2: South Korea soups market volume: million kilograms, 2019-24
- Table 3: South Korea soups market category segmentation: % share, by value, 2019-24
- Table 4: South Korea soups market category segmentation: $ million, 2019-24
- Table 5: South Korea soups market geography segmentation: $ million, 2024
- Table 6: South Korea soups market distribution: % share, by value, 2024
- Table 7: South Korea soups market value forecast: $ million, 2024-29
- Table 8: South Korea soups market volume forecast: million kilograms, 2024-29
- Table 9: South Korea soups market share: % share, by value, 2024
- Table 10: Otoki Corp: Key Facts
- Table 11: Otoki Corp: Annual Financial Ratios
- Table 12: Otoki Corp: Key Employees
- Table 13: Ajinomoto Co Inc: Key Facts
- Table 14: Ajinomoto Co Inc: Annual Financial Ratios
- Table 15: Ajinomoto Co Inc: Key Employees
- Table 16: Ajinomoto Co Inc: Key Employees Continued
- Table 17: Daesang Corp: Key Facts
- Table 18: Daesang Corp: Annual Financial Ratios
- Table 19: Daesang Corp: Key Employees
- Table 20: Sempio Foods Company: Key Facts
- Table 21: Sempio Foods Company: Annual Financial Ratios
- Table 22: Sempio Foods Company: Key Employees
- Table 23: South Korea Exchange Rate, 2019-24
- List of Figures
- Figure 1: South Korea soups market value: $ million, 2019-24
- Figure 2: South Korea soups market volume: million kilograms, 2019-24
- Figure 3: South Korea soups market category segmentation: $ million, 2019-24
- Figure 4: South Korea soups market geography segmentation: % share, by value, 2024
- Figure 5: South Korea soups market distribution: % share, by value, 2024
- Figure 6: South Korea soups market value forecast: $ million, 2024-29
- Figure 7: South Korea soups market volume forecast: million kilograms, 2024-29
- Figure 8: Forces driving competition in the soups market in South Korea, 2024
- Figure 9: Drivers of buyer power in the soups market in South Korea, 2024
- Figure 10: Drivers of supplier power in the soups market in South Korea, 2024
- Figure 11: Factors influencing the likelihood of new entrants in the soups market in South Korea, 2024
- Figure 12: Factors influencing the threat of substitutes in the soups market in South Korea, 2024
- Figure 13: Drivers of degree of rivalry in the soups market in South Korea, 2024
- Figure 14: South Korea soups market share: % share, by value, 2024
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