Edible Oils in South Korea - Research and Markets

Retail current value sales of edible oils are expected to record dynamic double-digit growth in 2022, continuing the upwards growth trajectory seen in the previous two years. This is because inflation has accelerated price increases, resulting from issues such as supply chain disruptions, as well as geopolitical problems. While the growth in value sales in 2022 is set to be higher than in 2020, the year when COVID-19 hit, retail volume sales are not expected to rise in 2022, unlike in 2020.

The publisher's Edible Oils 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 directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Corn Oil, Olive Oil, Other Edible Oil, Palm Oil, Rapeseed Oil, Soy Oil, Sunflower Oil.

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

Why buy this report?

Get a detailed picture of the Edible Oils 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.

EDIBLE OILS IN SOUTH KOREA

KEY DATA FINDINGS

2022 DEVELOPMENTS

Inflation plays a part in the value growth of edible oils in 2022
Global issues lead to temporary stockpiling of edible oils
CJ Cheiljedang maintains its lead and continues packaging innovations

PROSPECTS AND OPPORTUNITIES

The popularity of olive oil will continue to rise due to health-oriented diets
The pursuit of convenience may disrupt the further growth of edible oils
Price is becoming important in the purchase of vegetable and seed oil

CATEGORY DATA

Table 1 Sales of Edible Oils by Category: Volume 2017-2022
Table 2 Sales of Edible Oils by Category: Value 2017-2022
Table 3 Sales of Edible Oils by Category: % Volume Growth 2017-2022
Table 4 Sales of Edible Oils by Category: % Value Growth 2017-2022
Table 5 NBO Company Shares of Edible Oils: % Value 2018-2022
Table 6 LBN Brand Shares of Edible Oils: % Value 2019-2022
Table 7 Distribution of Edible Oils by Format: % Value 2017-2022
Table 8 Forecast Sales of Edible Oils by Category: Volume 2022-2027
Table 9 Forecast Sales of Edible Oils by Category: Value 2022-2027
Table 10 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
Table 11 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027
COOKING INGREDIENTS AND MEALS IN SOUTH KOREA

EXECUTIVE SUMMARY

Cooking ingredients and meals in 2022: The big picture
Key trends in 2022
Competitive landscape
Channel developments
What next for cooking ingredients and meals?

MARKET DATA

Table 12 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
Table 13 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
Table 14 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
Table 15 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
Table 16 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
Table 17 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
Table 18 Penetration of Private Label by Category: % Value 2017-2022
Table 19 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
Table 20 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027

DISCLAIMER

SOURCES