Ice Cream 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
- Ice cream market includes retail sales of impulse ice cream - single serve, artisanal ice cream, and take-home and bulk ice cream. Impulse ice cream - single serve segment covers individually packaged products such as ice cream bars, cones, cups, and sticks intended for immediate consumption. Artisanal ice cream segment includes high-quality, small-batch ice cream crafted using traditional techniques, often incorporating premium or locally sourced ingredients. Take-home and bulk ice cream segment covers larger packaging formats such as tubs, pints, and multi-pack products.
- The South Korean ice cream market recorded revenues of $1.08 billion in 2024, representing a compound annual growth rate (CAGR) of 1.4% between 2019-24.
- Market consumption volume increased with a CAGR of 1.3% between 2019-24, reaching a total of 157.1 million kilograms in 2024.
- South Korea’s ice cream market exhibited sluggish growth primarily due to demographic shifts, particularly the rapidly aging and contracting population, which eroded the core consumer base.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the ice cream market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the ice cream market in South Korea
- Leading company profiles reveal details of key ice cream market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea ice cream market with five year forecasts
Reasons to Buy
- What was the size of the South Korea ice cream market by value in 2024?
- What will be the size of the South Korea ice cream market in 2029?
- What factors are affecting the strength of competition in the South Korea ice cream market?
- How has the market performed over the last five years?
- How large is South Korea’s ice cream market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Binggrae Co Ltd
- General Mills Inc
- Lotte Co Ltd
- Unilever Plc
