Euromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn moreEuromonitor addresses your unique questions and challenges across all B2B and B2C industries and geographies through custom, tailor-made research projects, designed to your specific goals.
Learn more34 pages, Aug 2017
US$990Added to Cart
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Within cheese, processed cheese and unprocessed cheese recorded opposite performances in 2017. Processed cheese, a type that normally includes sliced cheese, decreased by 5% in current value terms in 2017. Meanwhile, soft cheese increased by 1% in current value terms in 2017, which was due to increased product diversification. In 2017, unprocessed cheese recorded a 48% value share of total cheese, which was an increase on its share from the previous year due to strong performances from portion and snack cheese within soft cheese. Consumers were attracted to such products due to their convenience. Processed cheese recorded value sales of KRW161.4 billion, while unprocessed cheese reached KRW147.2 billion in 2017.
Seoul Dairy Cooperative maintained its leading positon within cheese with a 22% value share in 2017, which was despite losing marginal share on the previous year. The company continued to be strong within processed cheese with products targeted at children. Although it gained value share within soft cheese in 2017, its overall value share of cheese declined due to losses in the larger category of processed cheese. Seoul Dairy Cooperative led other processed cheese with a solid 36% value share in 2017, a category that mainly includes sliced cheese, but its value share of soft cheese stayed at only 12%. To make up for losing value share within processed cheese, the company made efforts to introduce grilled cheese and portion cheese targeting them at adults as snack soft cheese.
Cheese is expected to decrease at a marginal CAGR at constant 2017 prices over the forecast period. Soft cheese is set to increase at a CAGR of 2% at constant 2017 prices, while processed cheese is set to decline at a CAGR of 3%. In 2022, unprocessed cheese is expected to reach a 53% value share of cheese, with greater availability of hard and soft unprocessed cheese in retailing channels.
Files are delivered directly into your account within a few minutes of purchase.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Delivery: Files are delivered directly into your account within a few minutes of purchase.
Overview
Discover the latest market trends and uncover sources of future market growth for the Cheese industry in South Korea with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Cheese industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Cheese in South Korea market research report includes:
Our market research reports answer questions such as:
Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.