Foodservice in South Korea - Research and Markets

Foodservice in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

Foodservice is defined as the total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.
The South Korean foodservice industry recorded revenues of $106.68 billion in 2024, representing a negative compound annual growth rate (CAGR) of 1.6% between 2019 and 2024.
Industry consumption volumes declined with a negative CAGR of 1.3% between 2019 and 2024, reaching a total of 17.92 billion transactions in 2024.
South Korea accounted for 6.4% of the Asia-Pacific foodservice industry in 2024.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the foodservice market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in South Korea
Leading company profiles reveal details of key foodservice market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the South Korea foodservice market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the South Korea foodservice market by value in 2024?
What will be the size of the South Korea foodservice market in 2029?
What factors are affecting the strength of competition in the South Korea foodservice market?
How has the market performed over the last five years?
Who are the top competitors in South Korea's foodservice market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What are the strengths and strategies of the players?
7.3. What are the most recent market developments?

8 Company Profiles

8.1. Domino's Pizza Inc
8.2. McDonald's Corp
8.3. DSEN Inc
8.4. Starbucks Corp

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher

List of Tables

Table 1: South Korea foodservice industry value: $ million, 2019-24
Table 2: South Korea foodservice industry volume: million transactions, 2019-24
Table 3: South Korea foodservice industry category segmentation: % share, by value, 2019-24
Table 4: South Korea foodservice industry category segmentation: $ million, 2019-24
Table 5: South Korea foodservice industry geography segmentation: $ million, 2024
Table 6: South Korea foodservice industry value forecast: $ million, 2024-29
Table 7: South Korea foodservice industry volume forecast: million transactions, 2024-29
Table 8: Domino's Pizza Inc: Key Facts
Table 9: Domino's Pizza Inc: Annual Financial Ratios
Table 10: Domino's Pizza Inc: Key Employees
Table 11: McDonald's Corp: Key Facts
Table 12: McDonald's Corp: Annual Financial Ratios
Table 13: McDonald's Corp: Key Employees
Table 14: DSEN Inc: Key Facts
Table 15: DSEN Inc: Annual Financial Ratios
Table 16: DSEN Inc: Key Employees
Table 17: Starbucks Corp: Key Facts
Table 18: Starbucks Corp: Annual Financial Ratios
Table 19: Starbucks Corp: Key Employees
Table 20: Starbucks Corp: Key Employees Continued
Table 21: South Korea Exchange Rate, 2019-24

List of Figures

Figure 1: South Korea foodservice industry value: $ million, 2019-24
Figure 2: South Korea foodservice industry volume: million transactions, 2019-24
Figure 3: South Korea foodservice industry category segmentation: $ million, 2019-24
Figure 4: South Korea foodservice industry geography segmentation: % share, by value, 2024
Figure 5: South Korea foodservice industry value forecast: $ million, 2024-29
Figure 6: South Korea foodservice industry volume forecast: million transactions, 2024-29
Figure 7: Forces driving competition in the foodservice industry in South Korea, 2024
Figure 8: Drivers of buyer power in the foodservice industry in South Korea, 2024
Figure 9: Drivers of supplier power in the foodservice industry in South Korea, 2024
Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in South Korea, 2024
Figure 11: Factors influencing the threat of substitutes in the foodservice industry in South Korea, 2024
Figure 12: Drivers of degree of rivalry in the foodservice industry in South Korea, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Domino's Pizza Inc
McDonald's Corp
DSEN Inc
Starbucks Corp

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€309EUR$350USD£267GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€463EUR$525USD£401GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€618EUR$700USD£535GBP

Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Related Topics

Related Reports

Foodservice Top 5 Emerging Markets Industry Guide 2020-2029

Foodservice BRIC (Brazil, Russia, India, China) Industry Guide 2020-2029

Food Service Market in APAC 2025-2029

Food Service Market 2025-2029

South Korea Foodservice - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)