Oils & Fats 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
- The oils & fats market includes retail sales of edible oils and solid fats. The oils segment covers cooking sprays, corn oil, olive oil, sunflower oil, vegetable oil, etc. The solid fats segment includes compound cooking fats (CCF), ghee, lard, shortening, and other solid fats.
- The South Korean oils & fats market recorded revenues of $2.93 billion in 2024, representing a compound annual growth rate (CAGR) of 2.9% between 2019-24.
- Market consumption volume increased with a CAGR of 2.3% between 2019-24, reaching a total of 545.4 million kilograms in 2024.
- The moderate growth of the South Korean oils & fats market during 2019-24 can be attributed to higher household spending on food, which increases demand for packaged foods and ready-to-cook meals, which use oils & fats as key ingredients.
Report Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oils & fats market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oils & fats market in South Korea
- Leading company profiles reveal details of key oils & fats market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea oils & fats market with five year forecasts
Reasons to Buy
- What was the size of the South Korea oils & fats market by value in 2024?
- What will be the size of the South Korea oils & fats market in 2029?
- What factors are affecting the strength of competition in the South Korea oils & fats market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's oils & fats market?
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:
- CJ CheilJedang Corp
- Samyang Corp
- Otoki Corp
- Bright Food (Group) Co Ltd
