Cooking ingredients and meals is expected to continue its upwards growth trajectory in 2022 in both retail current value and volume terms. In value terms in particular, the growth rate is expected to be much higher than in the previous year, due to inflation resulting from issues such as global supply chain disruptions and geopolitical problems.
The publisher's Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
The publisher's Cooking Ingredients and Meals 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: Edible Oils, Meals and Soups, Sauces, Dips and Condiments, Sweet Spreads.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Cooking Ingredients and Meals 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
COOKING INGREDIENTS AND MEALS IN SOUTH KOREAEXECUTIVE 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?
- Table 1 Sales of Cooking Ingredients and Meals by Category: Volume 2017-2022
- Table 2 Sales of Cooking Ingredients and Meals by Category: Value 2017-2022
- Table 3 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2017-2022
- Table 4 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2017-2022
- Table 5 NBO Company Shares of Cooking Ingredients and Meals: % Value 2018-2022
- Table 6 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2019-2022
- Table 7 Penetration of Private Label by Category: % Value 2017-2022
- Table 8 Distribution of Cooking Ingredients and Meals by Format: % Value 2017-2022
- Table 9 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2022-2027
- Table 10 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2022-2027
- Table 11 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2022-2027
- Table 12 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2022-2027
SOURCES
- Summary 1 Research Sources
- 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
- 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
- Table 13 Sales of Edible Oils by Category: Volume 2017-2022
- Table 14 Sales of Edible Oils by Category: Value 2017-2022
- Table 15 Sales of Edible Oils by Category: % Volume Growth 2017-2022
- Table 16 Sales of Edible Oils by Category: % Value Growth 2017-2022
- Table 17 NBO Company Shares of Edible Oils: % Value 2018-2022
- Table 18 LBN Brand Shares of Edible Oils: % Value 2019-2022
- Table 19 Distribution of Edible Oils by Format: % Value 2017-2022
- Table 20 Forecast Sales of Edible Oils by Category: Volume 2022-2027
- Table 21 Forecast Sales of Edible Oils by Category: Value 2022-2027
- Table 22 Forecast Sales of Edible Oils by Category: % Volume Growth 2022-2027
- Table 23 Forecast Sales of Edible Oils by Category: % Value Growth 2022-2027
- MEALS AND SOUPS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Convenience stores take advantage of inflation by offering cost-effectiveness
- Overheated competition in meals and soups hinders growth of frozen ready meals
- Soup continues to grow on the back of Korean-style soup
- Strong demand to continue for meal kits, with enhanced convenience and quality
- Ready meals are diversifying to meet fragmented consumer needs
- Continued growth expected in soup, but with different patterns at a category level
- Table 24 Sales of Meals and Soups by Category: Volume 2017-2022
- Table 25 Sales of Meals and Soups by Category: Value 2017-2022
- Table 26 Sales of Meals and Soups by Category: % Volume Growth 2017-2022
- Table 27 Sales of Meals and Soups by Category: % Value Growth 2017-2022
- Table 28 Sales of Chilled Ready Meals by Ethnicity: % Value 2017-2022
- Table 29 Sales of Frozen Ready Meals by Ethnicity: % Value 2017-2022
- Table 30 Sales of Soup by Leading Flavours: Rankings 2017-2022
- Table 31 NBO Company Shares of Meals and Soups: % Value 2018-2022
- Table 32 LBN Brand Shares of Meals and Soups: % Value 2019-2022
- Table 33 Distribution of Meals and Soups by Format: % Value 2017-2022
- Table 34 Forecast Sales of Meals and Soups by Category: Volume 2022-2027
- Table 35 Forecast Sales of Meals and Soups by Category: Value 2022-2027
- Table 36 Forecast Sales of Meals and Soups by Category: % Volume Growth 2022-2027
- Table 37 Forecast Sales of Meals and Soups by Category: % Value Growth 2022-2027
- SAUCES, DIPS AND CONDIMENTS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Recipe sauces and bouillon outperform cooking and table sauces amidst inflation
- The rise of home cooking pushes convenience-oriented sauces
- Monosodium glutamate tries to change its image with new marketing approaches
- A new revolution has arrived in plant-based seasoning
- Camping becomes a new growth factor
- Solid demand for packaged pickled products set to continue over the forecast period
- Table 38 Sales of Sauces, Dips and Condiments by Category: Volume 2017-2022
- Table 39 Sales of Sauces, Dips and Condiments by Category: Value 2017-2022
- Table 40 Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2017-2022
- Table 41 Sales of Sauces, Dips and Condiments by Category: % Value Growth 2017-2022
- Table 42 Sales of Liquid Recipe Sauces by Type: % Value 2017-2022
- Table 43 NBO Company Shares of Sauces, Dips and Condiments: % Value 2018-2022
- Table 44 LBN Brand Shares of Sauces, Dips and Condiments: % Value 2019-2022
- Table 45 Distribution of Sauces, Dips and Condiments by Format: % Value 2017-2022
- Table 46 Forecast Sales of Sauces, Dips and Condiments by Category: Volume 2022-2027
- Table 47 Forecast Sales of Sauces, Dips and Condiments by Category: Value 2022-2027
- Table 48 Forecast Sales of Sauces, Dips and Condiments by Category: % Volume Growth 2022-2027
- Table 49 Forecast Sales of Sauces, Dips and Condiments by Category: % Value Growth 2022-2027
- SWEET SPREADS IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
- Overall sales continue to grow due to increasing home consumption
- Bokumjari continues to innovate and maintains its leading position
- Start-ups diversify flavours in sweet spreads
- Demand for sweet spreads set to continue its decline in retail, despite a constant rise in foodservice
- Calorie reduction could have conflicting effects on sales of sweet spreads
- Imported brands to grow their presence across spreads excluding honey
- Table 50 Sales of Sweet Spreads by Category: Volume 2017-2022
- Table 51 Sales of Sweet Spreads by Category: Value 2017-2022
- Table 52 Sales of Sweet Spreads by Category: % Volume Growth 2017-2022
- Table 53 Sales of Sweet Spreads by Category: % Value Growth 2017-2022
- Table 54 Sales of Jams and Preserves by Leading Flavours: Rankings 2017-2022
- Table 55 NBO Company Shares of Sweet Spreads: % Value 2018-2022
- Table 56 LBN Brand Shares of Sweet Spreads: % Value 2019-2022
- Table 57 Distribution of Sweet Spreads by Format: % Value 2017-2022
- Table 58 Forecast Sales of Sweet Spreads by Category: Volume 2022-2027
- Table 59 Forecast Sales of Sweet Spreads by Category: Value 2022-2027
- Table 60 Forecast Sales of Sweet Spreads by Category: % Volume Growth 2022-2027
- Table 61 Forecast Sales of Sweet Spreads by Category: % Value Growth 2022-2027