Euromonitor International
- Item successfully added to cart!
  
  Your cart is empty
  
  Check Out View Cart

Country Report

Butter and Margarine in

Butter and Margarine in South Korea

31 pages, Aug 2017

US$990

Add to cart Pay by invoice

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

TRENDS

Butter and margarine increased by 4% in current value terms in 2017, which was thanks to strong current value growth of 5% for butter. Previously, South Korean consumers were not so familiar with using butter for cooking at home, with butter and margarine posting value sales of only KRW19.9 billion in current terms in 2011; however, the category began to perform strongly after TV cooking shows created strong interest during the review period. Famous chefs or celebrities introduced their recipes and enjoyed cooking and eating on air, which encouraged all consumers to try cooking at home. In the process, consumers could learn how to use butter in different ways during cooking, and as a consequence, the number of butter brands increased through retailing channels.

COMPETITIVE LANDSCAPE

Seoul Dairy Cooperative maintained its leading position with a 36% value share of butter and margarine in 2017. The company continued to perform well within margarine with its brand Seoul Milk Butter in Morning. It was positioned as butter; however, it is classified as margarine due to including grapeseed oil or soy oil. The brand accounted for a 49% value share of margarine in 2017. Meanwhile, Seoul Milk Butter recorded a 36% value share of butter in 2017.

PROSPECTS

Butter and margarine is expected to increase at a CAGR of 2% at constant 2017 prices over the forecast period. Only butter will continue to register value growth, as the popularity of the high-fat and low-carbohydrate diet continues and more consumers enjoy cooking at home; however, margarine is predicted to decline at a CAGR of 1% at constant 2017 prices over the forecast period, as consumers are aware that margarine made with vegetable oil includes trans fats. In addition, greater product diversification within the butter market will negatively affect sales of margarine over the forecast period.

Files are delivered directly into your account within a few minutes of purchase.

Overview

Why buy this report?

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.

Samples

FAQs about samples

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 Butter and Margarine 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 Butter and Margarine industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Butter and Margarine in South Korea market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Butter and Margarine in South Korea?
What are the major brands in South Korea?
Are consumers in emerging markets moving from unpackaged to packaged oils and fats?
What are the sales prospects for “healthy” cooking oils?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than cooking at home?

Why buy this report?

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

This industry report originates from Passport, our:

Packaged Food market research database.

Want to find out more about this report?

Request more information

Butter and Margarine in South Korea - Category analysis

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

CATEGORY DATA

Table 1 Sales of Butter and Margarine by Category: Volume 2012-2017
Table 2 Sales of Butter and Margarine by Category: Value 2012-2017
Table 3 Sales of Butter and Margarine by Category: % Volume Growth 2012-2017
Table 4 Sales of Butter and Margarine by Category: % Value Growth 2012-2017
Table 5 NBO Company Shares of Butter and Margarine: % Value 2013-2017
Table 6 LBN Brand Shares of Butter and Margarine: % Value 2014-2017
Table 7 Distribution of Butter and Margarine by Format: % Value 2012-2017
Table 8 Forecast Sales of Butter and Margarine by Category: Volume 2017-2022
Table 9 Forecast Sales of Butter and Margarine by Category: Value 2017-2022
Table 10 Forecast Sales of Butter and Margarine by Category: % Volume Growth 2017-2022
Table 11 Forecast Sales of Butter and Margarine by Category: % Value Growth 2017-2022

Butter and Margarine in South Korea - Company Profiles

Maeil Dairies Co Ltd in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Ottogi Foods Co Ltd in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Seoul Dairy Cooperative in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Summary 1 Maeil Dairies Co Ltd: Key Facts
Summary 2 Maeil Dairies Co Ltd: Operational Indicators
Summary 3 Maeil Dairies Co Ltd: Competitive Position 2017
Summary 4 Ottogi Foods Co Ltd: Key Facts
Summary 5 Ottogi Foods Co Ltd: Operational Indicators
Summary 6 Seoul Dairy Cooperative: Key Facts
Summary 7 Seoul Dairy Cooperative: Operational Indicators
Summary 8 Seoul Dairy Cooperative: Competitive Position 2017

Packaged Food in South Korea - Industry Overview

EXECUTIVE SUMMARY

Packaged food declines slightly

Fun and creative products are key trends

CJ Cheiljedang ranks first within packaged food

Convenience trend leads to the strong performance of convenience stores

Expect stagnation of packaged food over the forecast period

KEY TRENDS AND DEVELOPMENTS

Temptation of unique flavours in packaged food

Outlook

Convenience is still key within packaged food

Outlook

Health-conscious consumers demand healthier products

Outlook

Collaboration is popular within the packaged food industry

Outlook

FOODSERVICE: KEY TRENDS AND DEVELOPMENTS

Headlines

Trends: Sales to Foodservice

Trends: Consumer Foodservice

Prospects

Category Data

Table 12 Foodservice Sales of Packaged Food by Category: Volume 2012-2017
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2012-2017
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2017-2022
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2017-2022

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2012-2017
Table 17 Sales of Packaged Food by Category: Value 2012-2017
Table 18 Sales of Packaged Food by Category: % Volume Growth 2012-2017
Table 19 Sales of Packaged Food by Category: % Value Growth 2012-2017
Table 20 GBO Company Shares of Packaged Food: % Value 2013-2017
Table 21 NBO Company Shares of Packaged Food: % Value 2013-2017
Table 22 LBN Brand Shares of Packaged Food: % Value 2014-2017
Table 23 Penetration of Private Label by Category: % Value 2012-2017
Table 24 Distribution of Packaged Food by Format: % Value 2012-2017
Table 25 Distribution of Packaged Food by Format and Category: % Value 2017
Table 26 Forecast Sales of Packaged Food by Category: Volume 2017-2022
Table 27 Forecast Sales of Packaged Food by Category: Value 2017-2022
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2017-2022
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2017-2022

Megatrends

Country Report

Butter and Margarine in South Korea

New Report Guarantee

Executive Summary

New Report Guarantee

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

Overview

Why buy this report?

Samples

Overview

Why buy this report?

Want to find out more about this report?

Table of Contents

Butter and Margarine in South Korea - Category analysis

HEADLINES

TRENDS

COMPETITIVE LANDSCAPE

PROSPECTS

CATEGORY DATA

Butter and Margarine in South Korea - Company Profiles

Maeil Dairies Co Ltd in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Ottogi Foods Co Ltd in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Seoul Dairy Cooperative in Packaged Food (South Korea)

STRATEGIC DIRECTION

KEY FACTS

COMPETITIVE POSITIONING

Packaged Food in South Korea - Industry Overview

EXECUTIVE SUMMARY

Packaged food declines slightly

Fun and creative products are key trends

CJ Cheiljedang ranks first within packaged food

Convenience trend leads to the strong performance of convenience stores

Expect stagnation of packaged food over the forecast period

KEY TRENDS AND DEVELOPMENTS

Temptation of unique flavours in packaged food

Convenience is still key within packaged food

Health-conscious consumers demand healthier products

Collaboration is popular within the packaged food industry

FOODSERVICE: KEY TRENDS AND DEVELOPMENTS

Headlines

Trends: Sales to Foodservice

Trends: Consumer Foodservice

Prospects

Category Data

MARKET DATA

SOURCES

Why buy this report?

Want to find out more about this report?

Recently Viewed

Complete Catalogue

Country Reports

Recently Viewed

Complete Catalogue

Country Reports