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Sugar Confectionery in South Korea

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    Report

  • 22 Pages
  • June 2023
  • Region: South Korea
  • Euromonitor International
  • ID: 300487
Sugar confectionery in South Korea is set to exhibit growth in both retail volume and current value terms in 2023, with higher value growth due to inflationary factors. While growth is expected to vary across sugar confectionery, sales are projected to increase across most categories. This growth can be attributed to the announcement of the end of the pandemic and the lifting of the mask mandate in outdoor and indoor spaces, leading to a boost in consumption.

The analyst's Sugar Confectionery in South Korea report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage:
Boiled Sweets, Liquorice, Lollipops, Medicated Confectionery, Mints, Other Sugar Confectionery, Pastilles, Gummies, Jellies and Chews, Toffees, Caramels and Nougat.

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

Why buy this report?

  • Get a detailed picture of the Sugar Confectionery 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.

Table of Contents

SUGAR CONFECTIONERY IN SOUTH KOREAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Sugar confectionery sees growth and shifting consumer preferences
  • Continuous innovation fuels growth in pastilles, gummies, jellies and chews
  • Character craze drives the success of sugar confectionery
  • PROSPECTS AND OPPORTUNITIES
  • Modest volume and value growth expected in retail sales over the forecast period
  • Growing demand for zero-sugar confectionery, but this also raises safety concerns
  • The growth of pastilles, gummies, jellies and chews fuels the need for more creativity
CATEGORY DATA
  • Summary 1 Other Sugar Confectionery by Product Type: 2023
  • Table 1 Sales of Sugar Confectionery by Category: Volume 2018-2023
  • Table 2 Sales of Sugar Confectionery by Category: Value 2018-2023
  • Table 3 Sales of Sugar Confectionery by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Sugar Confectionery by Category: % Value Growth 2018-2023
  • Table 5 Sales of Pastilles, Gummies, Jellies and Chews by Type: % Value 2018-2023
  • Table 6 NBO Company Shares of Sugar Confectionery: % Value 2019-2023
  • Table 7 LBN Brand Shares of Sugar Confectionery: % Value 2020-2023
  • Table 8 Distribution of Sugar Confectionery by Format: % Value 2018-2023
  • Table 9 Forecast Sales of Sugar Confectionery by Category: Volume 2023-2028
  • Table 10 Forecast Sales of Sugar Confectionery by Category: Value 2023-2028
  • Table 11 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2023-2028
  • Table 12 Forecast Sales of Sugar Confectionery by Category: % Value Growth 2023-2028
SNACKS IN SOUTH KOREA
EXECUTIVE SUMMARY
  • Snacks in 2023: The big picture
  • Key trends in 2023
  • Competitive landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 13 Sales of Snacks by Category: Volume 2018-2023
  • Table 14 Sales of Snacks by Category: Value 2018-2023
  • Table 15 Sales of Snacks by Category: % Volume Growth 2018-2023
  • Table 16 Sales of Snacks by Category: % Value Growth 2018-2023
  • Table 17 NBO Company Shares of Snacks: % Value 2019-2023
  • Table 18 LBN Brand Shares of Snacks: % Value 2020-2023
  • Table 19 Penetration of Private Label by Category: % Value 2018-2023
  • Table 20 Distribution of Snacks by Format: % Value 2018-2023
  • Table 21 Forecast Sales of Snacks by Category: Volume 2023-2028
  • Table 22 Forecast Sales of Snacks by Category: Value 2023-2028
  • Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2023-2028
  • Table 24 Forecast Sales of Snacks by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 2 Research Sources