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Edible Oils in South Korea

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    Report

  • 20 Pages
  • January 2023
  • Region: South Korea
  • Euromonitor International
  • ID: 4472520
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.

Table of Contents

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
  • Summary 1 Research Sources