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Bakery and Cereals in South Korea - High Growth Industry, Packaging Materials, Distribution Data, Consumer Trends, Brands Market Shares and Leading Players

Press release   •   Sep 23, 2016 14:00 IST

Consumer and Market Insights: Bakery and Cereals in South Korea Size and Share Published in 2016-08-31 Available for US$ 1272 at Researchmoz.us

Description

The South Korean Bakery and Cereals market is led by Breads and Rolls category in both value and volume terms. The Breads and Rolls category is projected to have the fastest value growth during 2015 2020, while the Cereal Bars is projected to be the fastest growing category in terms of volume during the same period. Expanding upper and middle income consumers will prefer high value added imported and premium brands. New dietary guidelines and demand for innovative products is expected to drive market in forthcoming years.

Key Findings

The Bakery and Cereals market in South Korea is expected to register higher growth in US dollar terms due to appreciation of Korean Won against US dollar during 2015-2020.

The South Korean consumers are opting for value for money products in the Bakery and Cereals market.

The Bread & Rolls category is forecast to register fastest growth in value and volume terms during 2015-2020.

Hypermarkets & Supermarkets and Food & Drinks Specialists are the leading distribution channels in the South Korean Bakery and Cereals market.

Kelloggs is the leading leaders in the Breakfast Cereals category both in value and volume terms.

Flexible Packaging is the most commonly used packaging material in the Bakery and Cereals market in South Korea.

Synopsis

Canadeans Consumer and Market Insights report on the Bakery and Cereals market in South Korea provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

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What else is contained?

Market data: Overall market value and volume data with growth analysis for 2010-2020

Category coverage: Value and growth analysis for Baking Mixes, Baking Ingredients, Bread & Rolls, Breakfast Cereals, Cakes, Pastries & Sweet Pies, Dough Products, Cereal Bars, Energy Bars, Cookies (Sweet Biscuits), Savory Biscuits, Morning Goods with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & 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 & Board, Rigid Plastics, and others; container data for: Bag/Sachet, Film, Tray and others

Consumer level trends: Top four consumer trends which influence Bakery and Cereals products consumption

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

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

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

Access to analysis on products launched in the market

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

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Table of Content

Introduction

Report Scope

Country Context

Macroeconomic indicators GDP Per Capita, Population, Consumer Price Index and Age Profile

Retail and foodservice figures Key Takeaways

Market Overview, Consumer Demographics and Pricing Analysis

Value and volume analysis for the South Korean Bakery and Cereals market

Impact of exchange rate fluctuations on the South Korean Bakery and Cereals market

Degree of trade up/down in the South Korean Bakery and Cereals market

Volume analysis by category

Market value and growth rates, by category

Historic and forecast value analysis by category

Winners and losers by categories with change in market share

Segment share in a category (value terms) and change in market share

Volume consumption analysis by gender, age, education and urbanization at category level

Inter-country comparison of average price per kg by category

Top variants and pack size distribution analysis

Retailer price dynamics

Retail Landscape and Key Distribution Channels

Leading retailers in the South Korean Food market

Leading distribution channels (value terms) in the South Korean Bakery and Cereals market

Leading distribution channels ((value terms) by category

Competitive Landscape

Market share of leading brands (in value and volume terms) by category and segment

Penetration of private label by category in the South Korean Bakery and Cereals market

Private label growth (in value terms) compared to brands

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