Beer sales have continued to grow in South Korea as more offerings enter the market aimed at premium consumers. Foreign imported brands saw consumers switch towards full flavored beer, which led to domestic beer producers trying to reformulate ..."
BMI View: South Korea's bright consumer outlook will boost growth in the food and drink industry, with
rising incomes and diversified consumer tastes and preferences. As a result, the South Korean consumer
market will be driven by higher demand for more premium produc ..."
BMI View: As a well-developed market in the region, we hold a positive outlook on South Korea's food and
drink industry over our forecast period to 2020. Changing consumer dynamics will drive growth for
premiumisation across the market, as female consumers increasingl ..."
BMI View: We have a positive outlook on South Korea's food and drink industry over our five-year forecast
period to 2019, as a well developed market in South East Asia. Premiumisation in the food and drink
industry will lead growth sales as the market is set to reach ..."
Some of the key trends noted across South Korea include: consumers starting to watch their sugar intake especially in western markets where low calorie variants are taking share, or consumers moving towards packaged water and flavoured waters; ..."
BMI View: Total food consumption in South Korea is expected to increase at a moderate pace of 3.3%
(CAGR) over the forecast period between 2014 and 2019. The market is relatively mature with per capita
spending on food items already high, which effectively limits the ..."
South Korean beer market saw strong growth in 2014 with more consumers moving to beer from other alcoholic beverages. However poor summer weather and a lack of disposable income hindered growth. Key players renewed the brand image and products ..."
The Consumer and Market Insights: Ice Cream Market in South Korea report published by Canadean provides in-depth information on value and volume data by category and distribution channel. Leading brands, the most opportunistic foodservice chann ..."
This is a professional and in-depth study on the current state of the Food and Drink industry.
The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Food and Drink market analysis is ..."
The Consumer and Market Insights: Wine Market in South Korea report published by Canadean provides in-depth information on value and volume data by category and distribution channel. Leading brands, the most opportunistic foodservice channels, ..."