Country Profile: Syrups & Spreads in South Korea

Country Profile: Syrups & Spreads in South Korea

Published: July 2019
Publisher: GlobalData
Product ref: 311899
Pages: 109
Format: PDF
Delivery: By product vendor

Forward this to a colleague

Price: $875.00

Don't worry. No payment is taken yet

Summary

The South Korean syrups & spreads sector is led by the sweet spread category in value terms, while syrups category is forecast to register the fastest growth during 2018-2023 in value terms. Hypermarkets & supermarkets is the leading distribution channel in the country. Glass is the most commonly used pack material, followed by rigid plastics and flexible packaging in 2018. Ottogi Co, Ltd., Bokumjari Co Ltd and Mars, Incorporated are the leading players in the South Korean syrups & spreads sector.

GlobalData’s Country Profile report on the Syrups & Spreads sector in South Korea provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

Scope

• The South Korean syrups & spreads sector is expected to grow at a CAGR of 1.9% by value during 2018-2023
• The South Korean consumers prefer value for money products in the syrups & spreads sector
• Per capita consumption of sweet spreads was higher compared to other syrups & spreads categories in South Korea
• Hypermarkets & supermarkets is the leading distribution channel in the South Korean syrups & spreads sector
• Ottogi Co, Ltd. is the leading company in the syrups & spreads sector
• The health & wellness market is led by the syrups category in the South Korean syrups & spreads sector
• Glass is the most commonly used pack material in the South Korean syrups & spreads sector

Reasons to buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.



Companies Mentioned
Ottogi Co Ltd.
Bokumjari Co Ltd
Mars
Incorporated
Dongwon F&B
Ferrero
Nekutli
The J.M. Smucker Company
Nuscoco. Ltd.
Hormel Foods Corporation
Armella

Price: $875.00

Don't worry. No payment is taken yet

Need help before you order?

+44 (0)1527 573 736

9:00am - 5:30pm Mon - Fri

Related research categories

By sector: Syrups (in Ingredients), Spreads (in Spreads, sauces & condiments)

By market: South Korea (in Asia)


Not found what you were looking for?

Or contact our research team

We want to meet your research requirements. Let us know what you need, how to contact you and we will do the rest.





How do you want to be contacted?

Phone callback (one working day)
Email

For enhanced security, please complete the following sum:

4 + 9 =



Forgot your password?