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Consumer and Market Insights: Confectionery in South Korea

South Korea: Confectionery Market

  • June 2016
  • 94 pages
  • ID: 4090437
In this report:
The volume consumption of Confectionery in South Korea is valued at ##.## Kg million, out of which the Sugar Confectionery category at ##.## Kg million accounts for ##.##% share.
The volume sales of Confectionery products is forecast to grow from ##.## Kg million in 2015 to ##.## Kg million in 2020 to register growth at a CAGR of ##.##% during 2015-2020.

Summary

Table of Contents

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Brief

Consumers in the South Korean Confectionery market tend not to eat overly sweet treats unless for seasonal holidays or national celebration days. Products with traditional Korean ingredients, including matcha green tea and ginseng are popular and additional launches use traditional Korean flavors to appeal to consumers. The Confectionery market will register positive growth during 2015-2020 driven by Chocolate category in value terms though Sugar Confectionery accounts majority of the market by quantity. Hypermarkets and Supermarkets is the leading retail channel across all categories in the Confectionery market.

Main highlights

- The Confectionery market in South Korea (KR) will register bigger growth in value terms during 2015-2020 compared to 2010-2015

- The Sugar Confectionery category has the more important volume share in the global Confectionery market.

Abstract

Canadean's Consumer and Market Insights report on the Confectionery market in South Korea (KR) offers business insights on high growth categories to target, forecasts in the usage of packaging materials, types and closures category level distribution data and brands market shares.

- Key players: Market share of brands

- Distribution data: Percentage of sales within each category through distribution channels including Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Paper and Board, Rigid Plastics, and others; container data for: Wrapper, Blister Pack, Film, Bag/Sachet, and others

- Consumer level trends: Top four consumer trends which influence Confectionery products consumption

- Future outlook: Reviews and recommendations on how the industry will shape up from 2015-2020

Great reasons to purchase

- Identify high plausible categories and explore farther market opportunities established on exhaustive value and volume analysis

- Existing and new competitors can analyze main distribution channels to identify and evaluate forecasts and alternatives

- Gain an understanding of the global ambitious landscape established on in-depth brand share analysis to plan effective market positioning

- Access the key and most influential consumer trends driving Confectionery products consumption, and how they influence consumer behavior in the sector which will help determine the best audiences to target

- Access to analysis on products launched in the industry

- Our team of analysts have placed a meaningful emphasis on changes expected in the sector that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

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