Country Profile: Confectionery Sector in South Korea

  • ID: 4382388
  • Report
  • Region: South Korea
  • 101 pages
  • GlobalData
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FEATURED COMPANIES

  • August Storck Kg
  • BARU NV
  • Cemoi Chocolatier
  • Ferrero
  • Hawaiian Host
  • Lotte Co. Ltd.
  • MORE
Country Profile: Confectionery Sector in South Korea

Summary

South Korean Confectionery sector accounted for a volume share of 0.66% of the global market and 3.1% of the regional (Asia-Pacific) market, in 2016. The sector was valued at ?1,387,946.3 Million (US$1,196.5 Million) in 2016 and is expected to grow at a CAGR of 4.1% during 2016-2021. Increasing disposable income, rising demand for distinct flavors, high quality and exotic products is driving the South Korean Confectionery sector. Per capita consumption stood at 1.66kg when compared to the global and Asia-Pacific levels of 2.46kg and 0.81kg, respectively, in 2016.

Chocolate was the largest with value sales of ?581,699.6 Million (US$501.4 Million) in 2016. Furthermore, it is expected to grow the fastest at a CAGR of 5% compared to Gum (3.9%) and Sugar Confectionery (2.8%).

Hypermarkets & Supermarkets was the leading distribution channel in the South Korean Confectionery sector, accounting for a total value share of 65.6% in 2016. It was followed by Convenience Stores and Vending machines with shares of 16.6% and 5.3%, respectively, in the same year. Flexible Packaging is the most commonly used package material in the South Korean Confectionery sector. In 2016, it accounted for a volume share of 72.8%, followed by Paper & Board and Rigid Plastics with shares of 12.9% and 12.6%, respectively.

Xylitol is the leading brand in both value and volume terms in the South Korean Confectionery sector. The top five brands accounted for 24.2% value share, in 2016. Health & Wellness attributes such as ‘Free From’ and consumer benefits such as ‘Health Management’ are the most sought after Health & Wellness claims in the South Korean Confectionery sector.

The report "Country Profile: Confectionery Sector in South Korea" provides insights on high growth markets to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

In particular, this report provides the following:
  • Market data: Overall market value and volume data with growth analysis for 2011-2021.
  • Category coverage: Value and growth analysis for Chocolate, Gum, and Sugar Confectionery with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
  • Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
  • Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others.
  • Packaging data: consumption breakdown for package materials and pack types in each market, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.
Companies mentioned in this report: August Storck Kg, Banden bulk, BARU NV, Brown & Haley, Cemoi Chocolatier, Chocoladefabriken Lindt & Sprüngli AG, Chocolat Frey Ag, Crown Confectionery Co., Ltd., Ferrero, Golden Sea, Hawaiian Host, Kraft Foods, Lotte Co., Ltd., Mars, Incorporated, Mondelez International, Inc, Natra SA, Strauss Group Ltd., The Hershey Company, Tuvana, Chew-ets, Nestle.

Scope
  • The Confectionery sector in South Korea is forecast to grow at 4.1% CAGR in value terms during 2016-2021
  • Per capita consumption of Gum is high in South Korea compared to global and regional levels
  • Hypermarkets & Supermarkets is the largest distribution channel followed by Convenience Stores
  • Xylitol accounts for the leading share in the South Korean Confectionery sector
  • Flexible Packaging is the most commonly used package material in the South Korean Confectionery sector
Reasons to buy
  • Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
  • Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
  • Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
  • Manufacturers can identify the opportunities to position products with H&W attributes/benefits
  • Access the key and most influential consumer trends driving Confectionery products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
  • Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • August Storck Kg
  • BARU NV
  • Cemoi Chocolatier
  • Ferrero
  • Hawaiian Host
  • Lotte Co. Ltd.
  • MORE
1. Report Scope
2. Executive summary
3. South Korea in the global and regional context
3.1. South Korea’s share in the Global and Asia-Pacific Confectionery sector
3.2. South Korea compared to other leading countries in Asia-Pacific
4. Market size analysis - Confectionery sector
4.1. Value and volume analysis - Confectionery sector in South Korea
4.2. Per capita consumption - South Korea compared to Asia-Pacific and globally
4.3. Extent to which consumers are trading up/down
4.4. Value and volume analysis of markets in the Confectionery sector
4.5. Growth analysis by markets
5. Market and category analysis
5.1. Per capita consumption analysis by markets
5.2. Market analysis: Chocolate
5.3. Market analysis: Gum
5.4. Market analysis: Sugar Confectionery
6. Distribution analysis
6.1. Distribution channel share analysis: Confectionery
6.2. Distribution channel share analysis: Chocolate
6.3. Distribution channel share analysis: Gum
6.4. Distribution channel share analysis: Sugar Confectionery
7. Competitive landscape
7.1. Brand share analysis by sector
7.2. Brand share analysis by markets
7.3. Brand share analysis by category
7.3.1. Chocolate
7.3.2. Gum
8. Health & Wellness analysis
8.1. Market size analysis by Health & Wellness claims
8.2. Market size analysis - Health & Wellness product attributes
8.3. Market size analysis - Health & Wellness consumer benefits
8.4. Leading companies in South Korean Health & Wellness market
9. Packaging analysis
9.1. Packaging share and growth analysis by package material
9.2. Packaging share analysis by package material
9.3. Packaging share and growth analysis by pack type
9.4. Packaging share analysis by pack type
9.5. Packaging share and growth analysis by closure type
9.6. Packaging share analysis by closure type
9.7. Packaging share and growth analysis by primary outer type
9.8. Packaging share analysis by primary outer type
10. Macroeconomic analysis
10.1. GDP per Capita
10.2. Population and population growth
10.3. Consumer Price Index
10.4. Population breakdown by age
11. Consumergraphics
11.1. Consumption by Gender
11.2. Consumption by Age
11.3. Consumption by Education
11.4. Consumption by Degree of Urbanization
12. Methodology
13. Definitions
14. Appendix
15. About
16. Disclaimer
17. Contact

List of Tables
Table 1: Volume share of South Korea in the global and Asia-Pacific Confectionery sector, 2011-2021
Table 2: Growth analysis by markets, 2016-2021
Table 3: Value analysis by of Chocolate market categories, 2011-2021
Table 4: Volume analysis of Chocolate market by categories, 2011-2021
Table 5: Value analysis of Gum market by categories, 2011-2021
Table 6: Volume analysis of Gum market by categories, 2011-2021
Table 7: Value analysis of Sugar Confectionery market by categories, 2011-2021
Table 8: Volume analysis of Sugar Confectionery market by categories, 2011-2021
Table 9: Brand Value and Volume - Confectionery sector, 2016
Table 10: Brand Value and Volume - Chocolate market, 2016
Table 11: Brand Value and Volume - Gum market, 2016
Table 12: Brand Value and Volume - Sugar Confectionery market, 2016
Table 13: Brand Value and Volume - Boxed Chocolate category
Table 14: Brand Value and Volume - Chocolate Countlines category
Table 15: Brand Value and Volume - Chocolate Straightlines category
Table 16: Brand Value and Volume - Molded Bars category, 2016
Table 17: Brand Value and Volume - Novelties category, 2016
Table 18: Brand Value and Volume - Other Chocolate category, 2016
Table 19: Brand Value and Volume - Bubble Gum category, 2016
Table 20: Brand Value and Volume - Chewing Gum category, 2016
Table 21: Consumption of Confectionery by Gender and markets (Kg Million,2016)
Table 22: Consumption of Confectionery by age and markets (Kg Million, 2016)
Table 23: Consumption of Confectionery by education and markets (Kg Million, 2016)
Table 24: Consumption of Confectionery by urbanization and markets (Kg Million, 2016)
Table 25: Market Definitions
Table 26: Category Definitions
Table 27: Channel Definitions
Table 28: Health & Wellness: Product Attributes-Food Minus
Table 29: Health & Wellness: Product Attributes - Free From
Table 30: Health & Wellness: Product Attributes - Functional & Fortified
Table 31: Health & Wellness: Product Attributes - Naturally Healthy
Table 32: Health & Wellness: Product Attributes - Food Intolerance
Table 33: Health & Wellness: Consumer Benefits - Health Management
Table 34: Health & Wellness: Analysis by Consumer Benefits
Table 35: Health & Wellness: Consumer Benefits - Performance
Table 36: Market Value for Chocolate - by category (? Million) 2011-2021
Table 37: Market Value for Chocolate - by category (US$ Million) 2011-2021
Table 38: Market Volume for Chocolate - by category (Kg Million) 2011-2021
Table 39: Market Value for Gum - by category (? Million) 2011-2021
Table 40: Market Value for Gum - by category (US$ Million) 2011-2021
Table 41: Market Volume for Gum - by category (Kg Million) 2011-2021
Table 42: Market Value for Sugar Confectionery - by category (? Million) 2011-2021
Table 43: Market Value for Sugar Confectionery - by category (US$ Million) 2011-2021
Table 44: Market Volume for Sugar Confectionery - by category (Kg Million) 2011-2021
Table 45: Components of change - by Market
Table 46: Confectionery Sales Distribution in South Korea - by Markets (? Million), 2016
Table 47: Package Material (in Million pack units)
Table 48: Pack Type (in Million pack units)
Table 49: Closure Type (in Million pack units)
Table 50: Primary Outer Type (in Million pack units)
Table 51: Key Health & Wellness product attributes driving sales in South Korea (? Million)
Table 52: Key Health & Wellness consumer benefits driving sales in South Korea (? Million)
Table 53: Exchange Rates: (US$-?), 2011-2021
Table 54: GDP Per Capita (?)
Table 55: Population
Table 56: Consumer Price Index
Table 57: Age Profile (Millions of Persons)

List of Figures
Figure 1: South Korea compared to other top four countries in Asia-Pacific - market size, growth, and competitive landscape
Figure 2: Market size analysis by value and volume, Confectionery sector, 2011-2021
Figure 3: Per capita consumption in South Korea compared to global and Asia-Pacific average, 2011-2021
Figure 4: Degree of trading up/down in the South Korean Confectionery sector, 2015-2016
Figure 5: Value and volume growth analysis by markets, 2016-2021
Figure 6: Per capita consumption (by markets) in South Korea compared to global and Asia-Pacific average, 2016
Figure 7: Value and volume growth analysis, Chocolate market, 2011-2021
Figure 8: Value and volume growth analysis, Gum market, 2011-2021
Figure 9: Value and volume growth analysis, Sugar Confectionery market, 2011-2021
Figure 10: Distribution channel share, Confectionery, 2011-2016
Figure 11: Distribution channel share, Chocolate market, 2011-2016
Figure 12: Distribution channel share, Gum market, 2011-2016
Figure 13: Distribution channel share, Sugar Confectionery market, 2011-2016
Figure 14: Leading brands in the South Korean Confectionery sector, value and volume share, 2016
Figure 15: Leading brands in the Chocolate market, value and volume share, 2016
Figure 16: Leading brands in the Gum market, value and volume share, 2016
Figure 17: Leading brands in the Sugar Confectionery market, value and volume share, 2016
Figure 18: Value of Health & Wellness claims by market, US$ million, 2016-2021
Figure 19: Value analysis by Health & Wellness product attributes, 2016
Figure 20: Volume analysis by Health & Wellness product attributes, 2016
Figure 21: Value analysis by Health & Wellness consumer benefits, 2016
Figure 22: Volume analysis by Health & Wellness consumer benefits, 2016
Figure 23: Leading companies in the Health & Wellness market by value, 2016 - Chocolate
Figure 24: Leading companies in the Health & Wellness market by value, 2016 - Gum
Figure 25: Leading companies in the Health & Wellness market by value, 2016 - Sugar Confectionery
Figure 26: Packaging share and growth analysis by package material, 2011-2021
Figure 27: Use of package material by markets (in pack units), 2016
Figure 28: Packaging share and growth analysis by pack type, 2011-2021
Figure 29: Use of pack type by markets (in pack units), 2016
Figure 30: Packaging share and growth analysis by closure type, 2011-2021
Figure 31: Use of closure type by markets (in pack units), 2016
Figure 32: Packaging share and growth analysis by primary outer type, 2011-2021
Figure 33: Use of primary outer type by markets (in pack units), 2016
Figure 34: Relative comparison of countries based on PEST analysis
Figure 35: South Korea’s GDP per capita, 2011-2016
Figure 36: Population growth in South Korea, 2011-2016
Figure 37: Consumer Price Index, South Korea, 2010-2016
Figure 38: Age Profile, South Korea, 2016
Figure 39: Consumption of Confectionery by Gender, South Korea, 2016
Figure 40: Consumption of Confectionery by age, South Korea, 2016
Figure 41: Consumption of Confectionery by education, South Korea, 2016
Figure 42: Consumption of Confectionery by urbanization, South Korea, 2016
Figure 43: About
Note: Product cover images may vary from those shown
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  • August Storck Kg
  • Banden bulk
  • BARU NV
  • Brown & Haley
  • Cemoi Chocolatier
  • Chocoladefabriken Lindt & Sprüngli AG
  • Chocolat Frey Ag
  • Crown Confectionery Co. Ltd.
  • Ferrero
  • Golden Sea
  • Hawaiian Host
  • Kraft Foods
  • Lotte Co. Ltd.
  • M
Note: Product cover images may vary from those shown
5 of 5
Note: Product cover images may vary from those shown
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