South Korea Baked Food & Cereals Market Analysis (2013 - 2023)

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Bread, Breakfast Cereals, Morning Goods, Cakes, Pastries & Sweet Pies, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The Italy Baked Food & Cereals market has been recording a CAGR of 1.37% since 2010. The Cakes, Pastries & Sweet Pies category has shown the highest growth since 2010 with a CAGR of 2.28% and surpassed volume consumption of 538.4 Mn Kg in 2018. The Plain Biscuits segment is expected to dominate the Morning Goods sales during the forecast period. Convenience Stores remain an important distribution channel for Baked Food & Cereals sales.

Some of the Key Takeaways

This data guide on Baked Food & Cereals provides a complete overview of the market during the period 2010-2018, while the forecast data is provided until 2023. The data guide comprises retail sales, of various categories within Baked Food & Cereals, such as Crackers & Savory Biscuits, Morning Goods, Bread, Cakes, Pastries & Sweet Pies, and Sweet Biscuits, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Baked Food & Cereals market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

The South Korea Baked Food & Cereals market registered a growth of 3.95% to reach 4716529 KRW Mn in 2018. Chocolate Coated Biscuits constitute the leading segment in Sweet Biscuits category, which recorded a per capita consumption of 0.1420 Kg in 2018. On the other hand, Sandwich Slices is the fastest growing segment in the Bread category. The bread category is expected to reach 2034929.0389299998 by 2023, witnessing a healthy CAGR of 5.84%. Among distribution channels, Specialist Retailers is the preferred destination among the populace.

Some of the Key Takeaways

South Korea Baked Food & Cereals sales through On-line Retail channel recorded an impressive CAGR of 19.55% during 2010-2018.
The Plain Crackers segment is expected to witness a healthy value CAGR of 4.11% during the forecast period.
Filled Biscuits accounts for the smallest share in the Sweet Biscuits category, which is expected to witness a CAGR of 3.61% during the forecast period.
Italy Baked Food & Cereals sales through On-line Retail channel recorded an impressive CAGR of 12.11% during 2010-2018.
The Toaster Pastries segment is expected to dominate the Morning Goods category sales during the forecast period.
Cheese-flavoured Crackers segment volume sales are witnessing the fastest growth in the Crackers & Savory Biscuits category.