+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Health and Wellness in South Korea

  • ID: 1269029
  • Report
  • January 2021
  • Region: South Korea
  • 89 pages
  • Euromonitor International
The COVID-19 pandemic has led to rising sales for certain health and wellness products in 2020, with more consumers than ever prioritising the purchase of products claiming healthy features. Better for you products have recorded amongst the fastest growth rates, appealing well to consumers who are looking for lighter food and beverage options.

The Health and Wellness in South Korea report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2016-2020, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2025 illustrate how the market is set to change.

Product coverage: Focus Categories by Key Functional Ingredients, Health and Wellness by Category, Health and Wellness by Prime Positioning, Health and Wellness by Type.

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

Why buy this report?
  • Get a detailed picture of the Health and Wellness 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.
Note: Product cover images may vary from those shown
EXECUTIVE SUMMARY
  • COVID-19 impact on health and wellness
  • COVID-19 country impact
  • Company response
  • Retailing shift
  • Foodservice vs retail split
  • What next for health and wellness?
MARKET DATA
  • Table 1 Sales of Health and Wellness by Type: Value 2015-2020
  • Table 2 Sales of Health and Wellness by Type: % Value Growth 2015-2020
  • Table 3 Sales of Health and Wellness by Category: Value 2015-2020
  • Table 4 Sales of Health and Wellness by Category: % Value Growth 2015-2020
  • Table 5 Sales of Health and Wellness by Prime Positioning: Value 2015-2020
  • Table 6 Sales of Health and Wellness by Prime Positioning: % Value Growth 2015-2020
  • Table 7 NBO Company Shares of Health and Wellness: % Value 2016-2020
  • Table 8 LBN Brand Shares of Health and Wellness: % Value 2017-2020
  • Table 9 Distribution of Health and Wellness by Format: % Value 2015-2020
  • Table 10 Distribution of Health and Wellness by Format and Category: % Value 2020
  • Table 11 Forecast Sales of Health and Wellness by Type: Value 2020-2025
  • Table 12 Forecast Sales of Health and Wellness by Type: % Value Growth 2020-2025
  • Table 13 Forecast Sales of Health and Wellness by Category: Value 2020-2025
  • Table 14 Forecast Sales of Health and Wellness by Category: % Value Growth 2020-2025
  • Table 15 Forecast Sales of Health and Wellness by Prime Positioning: Value 2020-2025
  • Table 16 Forecast Sales of Health and Wellness by Prime Positioning: % Value Growth 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES
  • Summary 1 Research Sources
KEY DATA FINDINGS

2020 IMPACT
  • Reduced caffeine beverages are on-trend
  • Players in reduced sugar beverages maintain the lead in BFY beverages
RECOVERY AND OPPORTUNITIES
  • Reduced sugar carbonates may steal share from juice
  • Decaffeinated coffee no longer a niche
CATEGORY DATA
  • Table 17 Sales of BFY Beverages by Category: Value 2015-2020
  • Table 18 Sales of BFY Beverages by Category: % Value Growth 2015-2020
  • Table 19 NBO Company Shares of BFY Beverages: % Value 2016-2020
  • Table 20 LBN Brand Shares of BFY Beverages: % Value 2017-2020
  • Table 21 Distribution of BFY Beverages by Format: % Value 2015-2020
  • Table 22 Forecast Sales of BFY Beverages by Category: Value 2020-2025
  • Table 23 Forecast Sales of BFY Beverages by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Fortified/functional beverages experiences a slower performance
  • Lotte Chilsung Beverage becomes the new category leader
RECOVERY AND OPPORTUNITIES
  • Demand for fortified/functional beverages is set to recover
  • Easing regulations on functional food is not easy
CATEGORY DATA
  • Table 24 Sales of Fortified/Functional Beverages by Category: Value 2015-2020
  • Table 25 Sales of Fortified/Functional Beverages by Category: % Value Growth 2015-2020
  • Table 26 Key Functional Ingredients in Fortified/Functional Bottled Water: % Value 2015-2020
  • Table 27 Key Functional Ingredients in Fortified/Functional 100% Juice: % Value 2015-2020
  • Table 28 Key Functional Ingredients in Fortified/Functional Juice Drinks (up to 24% juice): % Value 2015-2020
  • Table 29 Key Functional Ingredients in Fortified/Functional Nectars (25-99% juice): % Value 2015-2020
  • Table 30 NBO Company Shares of Fortified/Functional Beverages: % Value 2016-2020
  • Table 31 LBN Brand Shares of Fortified/Functional Beverages: % Value 2017-2020
  • Table 32 Distribution of Fortified/Functional Beverages by Format: % Value 2015-2020
  • Table 33 Forecast Sales of Fortified/Functional Beverages by Category: Value 2020-2025
  • Table 34 Forecast Sales of Fortified/Functional Beverages by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Demand for sugar-free beverages continues to be seen amidst COVID-19
  • Decline for NH fruit/vegetable juice
RECOVERY AND OPPORTUNITIES
  • Further growth expected due to demand for hydration
  • NH Asian speciality drinks to take advantage of strict regulation on functional drinks
CATEGORY DATA
  • Table 35 Sales of NH Beverages by Category: Value 2015-2020
  • Table 36 Sales of NH Beverages by Category: % Value Growth 2015-2020
  • Table 37 NBO Company Shares of NH Beverages: % Value 2016-2020
  • Table 38 LBN Brand Shares of NH Beverages: % Value 2017-2020
  • Table 39 Distribution of NH Beverages by Format: % Value 2015-2020
  • Table 40 Forecast Sales of NH Beverages by Category: Value 2020-2025
  • Table 41 Forecast Sales of NH Beverages by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Organic beverages continues to see a slow decline
  • Fragmented category, with Nokchawon having the strongest presence
RECOVERY AND OPPORTUNITIES
  • No bright outlook forecast for organic beverages
  • Organic coffee sees an opportunity
CATEGORY DATA
  • Table 42 Sales of Organic Beverages by Category: Value 2015-2020
  • Table 43 Sales of Organic Beverages by Category: % Value Growth 2015-2020
  • Table 44 NBO Company Shares of Organic Beverages: % Value 2016-2020
  • Table 45 LBN Brand Shares of Organic Beverages: % Value 2017-2020
  • Table 46 Distribution of Organic Beverages by Format: % Value 2015-2020
  • Table 47 Forecast Sales of Organic Beverages by Category: Value 2020-2025
  • Table 48 Forecast Sales of Organic Beverages by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Reduced salt food targeting children is introduced in ready meals
  • Reduced sugar ice cream continues to expand within premium ice cream
  • Tofu noodles are among the most successful better for you foods
RECOVERY AND OPPORTUNITIES
  • Health is expected to continue to be a prime consideration
  • The concept of calorie cutting will be strengthened to attract Korean consumers
CATEGORY DATA
  • Table 49 Sales of BFY Packaged Food by Category: Value 2015-2020
  • Table 50 Sales of BFY Packaged Food by Category: % Value Growth 2015-2020
  • Table 51 NBO Company Shares of BFY Packaged Food: % Value 2016-2020
  • Table 52 LBN Brand Shares of BFY Packaged Food: % Value 2017-2020
  • Table 53 Distribution of BFY Packaged Food by Format: % Value 2015-2020
  • Table 54 Forecast Sales of BFY Packaged Food by Category: Value 2020-2025
  • Table 55 Forecast Sales of BFY Packaged Food by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Sustainability issue becomes weaker during the COVID-19 pandemic
  • Home seclusion helps to maintain value growth for free from packaged food
RECOVERY AND OPPORTUNITIES
  • Limited categories are not expected to affect free from packaged food market
  • Free from gluten packaged food could show promise
CATEGORY DATA
  • Table 56 Sales of Free From by Category: Value 2015-2020
  • Table 57 Sales of Free From by Category: % Value Growth 2015-2020
  • Table 58 NBO Company Shares of Free From: % Value 2016-2020
  • Table 59 LBN Brand Shares of Free From: % Value 2017-2020
  • Table 60 Distribution of Free From by Format: % Value 2015-2020
  • Table 61 Forecast Sales of Free From by Category: Value 2020-2025
  • Table 62 Forecast Sales of Free From by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Immunity-boosting are key words in the COVID-19 era in South Korea
  • Other functional ingredients are included as a result of COVID-19
  • Fortification with protein continues to be a key factor in functional packaged food
RECOVERY AND OPPORTUNITIES
  • Consumers are keen to have more diverse fortified/functional food options
  • Decreasing birth rate leaves no ready solution to boost growth of FF milk formula
CATEGORY DATA
  • Table 63 Sales of Fortified/Functional Packaged Food by Category: Value 2015-2020
  • Table 64 Sales of Fortified/Functional Packaged Food by Category: % Value Growth 2015-2020
  • Table 65 Key Functional Ingredients in Fortified/Functional Breakfast Cereals: % Value 2015-2020
  • Table 66 Key Functional Ingredients in Fortified/Functional Chocolate Confectionery: % Value 2015-2020
  • Table 67 Key Functional Ingredients in Fortified/Functional Sugar Confectionery: % Value 2015-2020
  • Table 68 Key Functional Ingredients in Fortified/Functional Milk: % Value 2015-2020
  • Table 69 Key Functional Ingredients in Fortified/Functional Sweet Biscuits: % Value 2015-2020
  • Table 70 Sales of Fortified/Functional Yoghurt by Standard Fat vs Reduced Fat: % Value 2015-2020
  • Table 71 NBO Company Shares of Fortified/Functional Packaged Food: % Value 2016-2020
  • Table 72 LBN Brand Shares of Fortified/Functional Packaged Food: % Value 2017-2020
  • Table 73 Distribution of Fortified/Functional Packaged Food by Format: % Value 2015-2020
  • Table 74 Forecast Sales of Fortified/Functional Packaged Food by Category: Value 2020-2025
  • Table 75 Forecast Sales of Fortified/Functional Packaged Food by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Home cooking trend maintains growth in most categories
  • Lack of inbound travellers significantly affects NH nuts, seeds and trail mixes
RECOVERY AND OPPORTUNITIES
  • Performances will depend on the purpose of consumption
  • New dried fruit products set to drive growth in NH fruit snacks
CATEGORY DATA
  • Table 76 Sales of NH Packaged Food by Category: Value 2015-2020
  • Table 77 Sales of NH Packaged Food by Category: % Value Growth 2015-2020
  • Table 78 NBO Company Shares of NH Packaged Food: % Value 2016-2020
  • Table 79 LBN Brand Shares of NH Packaged Food: % Value 2017-2020
  • Table 80 Distribution of NH Packaged Food by Format: % Value 2015-2020
  • Table 81 Forecast Sales of NH Packaged Food by Category: Value 2020-2025
  • Table 82 Forecast Sales of NH Packaged Food by Category: % Value Growth 2020-2025
KEY DATA FINDINGS

2020 IMPACT
  • Koreans perceive few advantages of organic packaged food
  • Consumers choose products for reasons other than their organic ingredients
RECOVERY AND OPPORTUNITIES
  • Organic food claims unlikely to be a focus of manufacturers
CATEGORY DATA
  • Table 83 Sales of Organic Packaged Food by Category: Value 2015-2020
  • Table 84 Sales of Organic Packaged Food by Category: % Value Growth 2016-2020
  • Table 85 NBO Company Shares of Organic Packaged Food: % Value 2016-2020
  • Table 86 LBN Brand Shares of Organic Packaged Food: % Value 2017-2020
  • Table 87 Distribution of Organic Packaged Food by Format: % Value 2015-2020
  • Table 88 Forecast Sales of Organic Packaged Food by Category: Value 2020-2025
  • Table 89 Forecast Sales of Organic Packaged Food by Category: % Value Growth 2020-2025
Note: Product cover images may vary from those shown
Adroll
adroll