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South Korea Food and Drink Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 69 pages

Includes 3 FREE quarterly updates

BMI View: South Korea's bright consumer outlook will boost growth in the food and drink industry, withrising incomes and diversified consumer tastes and preferences. As a result, the South Korean consumermarket will be driven by higher demand for more premium products within the convenience and healthiersegments. The gradually maturing MGR sector will offer new growth opportunities in the less developedconvenience store formats, while growth becomes increasingly limited for larger store formats.Key Trends & Industry Developments

- A declining birth rate and an ageing population will offer limited long-term growth opportunities in analready relatively mature market.

- Rising disposable incomes and the growing entry of women in the workforce will drive a shift inconsumer preferences and dynamics in South Korea's drinks industry.

- The growth in convenience retail store formats will gain momentum over our forecast period asconsumers' lifestyles grow increasingly busier and the number of single-adult households increases.

Table Of Contents

South Korea Food and Drink Report Q3 2016
BMI Industry View 7
Key Trends and Industry Developments 7
Food and Drink 8
Industry Forecast 10
Consumer Outlook 10
Latest Updates 10
Structural Trends 10
Food 11
Latest Updates 11
Structural Trends 13
Table: Food Sales (South Korea 2013-2020) 14
Drink 17
Latest Updates 17
Structural Trends 18
Table: Total Alcoholic Drinks Spending And Consumption (South Korea 2013-2020) 19
Table: Non-Alcoholic Drinks Sales (South Korea 2013-2020) 22
Mass Grocery Retail 24
Latest Updates 24
Structural Trends 24
Industry Risk Reward Index 26
Asia Pacific - Risk/Reward Index 26
Table: Asia Pacific - Food and Drink Risk/Reward Index, Q316 27
South Korea Risk/Reward Index 31
Market Overview 33
Food 33
Recent Developments 33
Market Drivers and Trends 33
Drink 35
Recent Developments 35
Market Drivers and Trends 35
Mass Grocery Retail 37
Recent Developments 37
Market Drivers and Trends 37
Competitive Landscape 40
Table: Key Players In South Korea's Food Sector 40
Table: Key Players In South Korea's MGR Sector 41
Company Profile 42
Hite Brewery 42
Lotte Shopping 45
Maiel Dairy Industry 48
Nong Shim 50
Oriental Brewery 53
Samsung Tesco HomePlus 55
Demographic Forecast 58
Demographic Outlook 58
Table: Population Headline Indicators (South Korea 1990-2025) 59
Table: Key Population Ratios (South Korea 1990-2025) 59
Table: Urban/Rural Population and Life Expectancy (South Korea 1990-2025) 60
Table: Population By Age Group (South Korea 1990-2025) 60
Table: Population By Age Group % (South Korea 1990-2025) 61
Glossary 63
Food and Drink 63
Mass Grocery Retail 63
Methodology 65
Industry Forecast Methodology 65
Sector-Specific Methodology 66
Sources 66
Risk/Reward Index Methodology 67
Table: Food and Drink Risk/Reward Index Indicators 68
Table: Weighting 69

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