Summary This report brings together consumer insight and market data to provide a comprehensive brief of the South Korean Confectionery sector. This allows for the rapid identification of key growth opportunities across major Confectionery categories and their packaging. Key Findings - The Confectionery market in South Korea will register moderate growth during 2013-2014, driven by its large young and affluent population. - Though Sugar Confectionery has large volume sales, the overall growth in the market will be driven by the growing popularity of Chocolate Confectionery. - South Korean Consumers seek out Confectionery products which offer healthy indulgence and have low sugar content or functional benefits. - Hypermarkets and Supermarkets are the most preferred retail channel for purchasing Confectionery in South Korea, followed by Convenience Stores. - Domestic manufacturers lead the Confectionery market as consumers prefer local tastes and flavors Synopsis The Confectionery market in South Korea will register moderate growth during 2013-2018 and Chocolate Confectionery will register the highest growth. As the age structure of South Korea is evolving, Confectioners will need to cater to the needs of aging... Research Beam Model: Research Beam Product ID: 88886 1352 USD New
Market Focus: Trends and Developments in the Confectionery Sector in South Korea
 
 

Market Focus: Trends and Developments in the Confectionery Sector in South Korea

  • Category : Packaging
  • Published On : July   2014
  • Pages : 37
  • Publisher : Canadean
 
 
 
Summary
This report brings together consumer insight and market data to provide a comprehensive brief of the South Korean Confectionery sector. This allows for the rapid identification of key growth opportunities across major Confectionery categories and their packaging.

Key Findings
- The Confectionery market in South Korea will register moderate growth during 2013-2014, driven by its large young and affluent population.

- Though Sugar Confectionery has large volume sales, the overall growth in the market will be driven by the growing popularity of Chocolate Confectionery.

- South Korean Consumers seek out Confectionery products which offer healthy indulgence and have low sugar content or functional benefits.

- Hypermarkets and Supermarkets are the most preferred retail channel for purchasing Confectionery in South Korea, followed by Convenience Stores.

- Domestic manufacturers lead the Confectionery market as consumers prefer local tastes and flavors

Synopsis
The Confectionery market in South Korea will register moderate growth during 2013-2018 and Chocolate Confectionery will register the highest growth. As the age structure of South Korea is evolving, Confectioners will need to cater to the needs of aging population who have indulgent needs. The rising pollution and sore throat concerns will also drive sales of Medicate Confectionery. While there is a growing popularity of South Korean Chocolates with functional ingredients among foreign consumers, marketers will have to improve labelling and packaging to appeal to the growing consumer base.

Reasons To Buy
This overview of the consumer and market dynamics of the South Korean Confectionery sector allows new entrants and established companies to gain rapid and comprehensive insight into the current state of the market and identify the key trends that will drive growth in the coming years.

Table of Contents
Executive Summary
Future Outlook

Country Context
- Macro economic analysis

Sector Analysis
- Overall value -volume analysis
- Value -volume analysis by categories
- Market share analysis

Consumer Overview
- Key trends

Distribution insights
- Leading retailers
- Key distribution formats by categories

Packaging Insight
- Key packaging material and type
-Top packaging closures and outers

Leading players with market share
Data Appendix and Summary Methodology
List Of Tables
NA
List Of Figures
NA
PURCHASE OPTIONS
 
 
 

How can we help you?

Contact us at the Consulting WP office nearest to you or submit a business inquiry online.


  Contact
 

Subscribe to Our Newsletter

 
 
REQUEST SAMPLE    ASK FOR DISCOUNT