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South Korea Organic Food Market Report and Forecast 2024-2032

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    Report

  • 180 Pages
  • November 2023
  • Region: South Korea
  • Expert Market Research
  • ID: 5912778
According to the report, the South Korea organic food market is projected to grow at a CAGR of 7.4% between 2024 and 2032. Aided by government support to shift from pesticide farming to organic farming and growing demand for organic food products, the market is expected to grow significantly by 2032.

Organic food in South Korea encompasses a range of products cultivated without the use of synthetic fertilisers, pesticides, or genetically modified organisms. These foods, often perceived as more nutritious and environmentally friendly, have seen a steady climb in their appeal among the Korean populace, primarily due to the overarching global trend leaning towards cleaner, sustainable eating.

At the crux of the South Korean organic food boom is the mounting consumer consciousness about the health benefits associated with organic consumption. With increasing research highlighting the adverse effects of chemically-treated food - from potential carcinogenicity to hormonal disruptions - there's a palpable shift towards organic products, perceived as safer and more nutritious.

Additionally, the blossoming fitness and wellness culture in South Korea has further amplified the South Korea organic food market demand. As health enthusiasts and fitness aficionados strive for holistic wellness, the emphasis on clean, chemical-free nutrition has grown, pushing organic foods from niche corners of supermarkets to mainstream aisles.

South Korea’s organic food market isn't just confined to fruits and vegetables. The organic wave has permeated other segments like dairy, meat, and packaged foods. Organic dairy products, such as milk and cheese, are gaining traction, with consumers increasingly associating organic with enhanced quality and taste. Similarly, the demand for organic meat, devoid of antibiotics and growth hormones, is surging, aligning with the trend of conscientious consumption.

Beyond individual health, environmental consciousness also plays a pivotal role in driving organic food market in South Korea. With escalating concerns about environmental degradation, the sustainable farming practices associated with organic cultivation - from soil conservation to reduced water pollution - resonate with the eco-conscious Korean consumers, further propelling South Korea organic food market expansion.

Nevertheless, the South Korean government, recognising the potential of the organic sector, has been proactive. Investments in organic farming research, subsidies to organic farmers, and initiatives to boost consumer awareness have been pivotal in fostering South Korea organic food market growth.

Market Segmentation

The market can be divided based on product type, process, and distribution channel.

Market Breakup by Product Type

  • Fruits and Vegetables
  • Meat, Fish, and Poultry
  • Dairy Products
  • Cereals and Grain
  • Others

Market Breakup by Process

  • Processed
  • Unprocessed

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online Stores
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Korea organic food market. Some of the major players explored in the report are as follows:
  • Pulmuone Corporate
  • Maeil Co.Ltd
  • HiPP GmbH & Co. Vertrieb KG
  • The Chorocmaeul Co., Ltd.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Industry Opportunities and Challenges
8 South Korea Organic Food Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Organic Food Historical Market (2018-2023)
8.3 South Korea Organic Food Market Forecast (2024-2032)
8.4 South Korea Organic Food Market by Product Type
8.4.1 Fruits and Vegetables
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Meat, Fish, and Poultry
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Dairy Products
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Cereals and Grain
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Others
8.5 South Korea Organic Food Market by Process
8.5.1 Processed
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Unprocessed
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 South Korea Organic Food Market by Distribution Channels
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Specialty Stores
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Online Stores
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Pulmuone Corporate
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Maeil Co.Ltd
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 HiPP GmbH & Co. Vertrieb KG
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 The Chorocmaeul Co., Ltd.
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. South Korea Organic Food Market: Key Industry Highlights, 2017 and 2021
2. South Korea Organic Food Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. South Korea Organic Food Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. South Korea Organic Food Historical Market: Breakup by Process (USD Million), 2018-2023
5. South Korea Organic Food Market Forecast: Breakup by Process (USD Million), 2024-2032
6. South Korea Organic Food Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
7. South Korea Organic Food Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
8. South Korea Organic Food Market Structure

Companies Mentioned

  • Pulmuone Corporate
  • Maeil Co.Ltd
  • HiPP GmbH & Co. Vertrieb KG
  • The Chorocmaeul Co. Ltd.

Methodology

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