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Consumer Foodservice in
South Korea

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Executive Summary

Jun 2019
Consumer foodservice shows continued sales growth in 2018

Consumer foodservice in South Korea recorded further growth in 2018 in terms of value, transactions and outlet numbers. The consumer foodservice industry is having difficulties, owing to an increase in the minimum wage and quickly changing consumer preferences regarding foodservice menus; however, the offer of better quality products at reasonable prices, new outlet concepts and the development of delivery channels helped consumer foodservice to show moderate growth in 2018.

Consumer lifestyle changes influence consumer foodservice

Changes in South Korean consumers’ lifestyles, due to the increasing number of single-person households, is affecting consumer foodservice significantly in South Korea. Demand for simple meals, such as convenience stores’ lunch boxes and snacks, as well as demand for delivery food, is growing strongly.

Consumer foodservice leader SPC Group continues to lead in value terms

Paris Baguette from SPC Group continued to lead consumer foodservice in 2018, followed by Starbucks. SPC Group opened outlets of the US burger brand Shake Shack for the first time in South Korea in 2016, and has also gained Shake Shack’s operating rights in Singapore.

Chained consumer foodservice outperforms independents

Although independent foodservice grew in terms of value sales, transactions and outlet numbers in 2018, chained foodservice showed a better performance. As chained foodservice brands are mostly operated by large global brand owners, they tend to have much greater resources to open more outlets and promote their brands in South Korea.

Consumer foodservice is predicted to show positive growth

Consumer foodservice will continue recording steady sales growth in value terms over the forecast period. The increasing number of single-person households and rising demand for delivery will, however, change the consumer foodservice landscape in South Korea.

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Consumer Foodservice in South Korea

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Overview

Discover the latest market trends and uncover sources of future market growth for the Consumer Foodservice by Location 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 Consumer Foodservice by Location industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Consumer Foodservice by Location in South Korea market research report includes:

  • Analysis of key supply-side and demand trends
  • 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 Consumer Foodservice by Location in South Korea?
  • Which foodservice outlet location is the largest (retail, travel, leisure, lodging, stand alone) in South Korea?
  • What are the major developments in contract or managed foodservice in South Korea??
  • What is the most popular location type for fast food, full-service restaurants and café/bars in South Korea?
  • How are domestic outlets faring against multinationals in non free-standing locations?
  • How does the average transaction price vary in standalone locations vs. those in semi-captive locations such as retail, lodging, leisure or travel?

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 Consumer Foodservice market research database.

Consumer Foodservice in South Korea

EXECUTIVE SUMMARY

Consumer foodservice shows continued sales growth in 2018
Consumer lifestyle changes influence consumer foodservice
Consumer foodservice leader SPC Group continues to lead in value terms
Chained consumer foodservice outperforms independents
Consumer foodservice is predicted to show positive growth

MARKET DATA

Table 1 Units, Transactions and Value Sales in Consumer Foodservice 2013-2018
Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2013-2018
Table 3 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2018
Table 4 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2013-2018
Table 5 Sales in Consumer Foodservice by Eat-In vs Delivery and To-Go: % Foodservice Value 2013-2018
Table 6 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2013-2018
Table 7 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2018
Table 8 Sales in Consumer Foodservice by Online/Offline Ordering: % Foodservice Value 2013-2018
Table 9 Sales in Consumer Foodservice by Location: % Foodservice Value 2013-2018
Table 10 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2014-2018
Table 11 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2015-2018
Table 12 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2018
Table 13 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2018-2023
Table 14 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2018-2023

SOURCES

Summary 1 Research Sources

Cafés/Bars in South Korea

HEADLINES

PROSPECTS

Cafés/bars struggle due to consumer lifestyle changes in South Korea
Legislation leads to declines for bars/pubs
Specialist coffee and tea shops lead growth in cafés/bars

COMPETITIVE LANDSCAPE

Starbucks gains more share, consolidating its leading position
Ediya Espresso continues to lead in terms of number of outlets
Hanshin Pocha gains the lead in bars/pubs

CATEGORY DATA

Table 15 Cafés/Bars by Category: Units/Outlets 2013-2018
Table 16 Sales in Cafés/Bars by Category: Number of Transactions 2013-2018
Table 17 Sales in Cafés/Bars by Category: Foodservice Value 2013-2018
Table 18 Cafés/Bars by Category: % Units/Outlets Growth 2013-2018
Table 19 Sales in Cafés/Bars by Category: % Transaction Growth 2013-2018
Table 20 Sales in Cafés/Bars by Category: % Foodservice Value Growth 2013-2018
Table 21 GBO Company Shares in Chained Cafés/Bars: % Foodservice Value 2014-2018
Table 22 GBN Brand Shares in Chained Cafés/Bars: % Foodservice Value 2015-2018
Table 23 Forecast Cafés/Bars by Category: Units/Outlets 2018-2023
Table 24 Forecast Sales in Cafés/Bars by Category: Number of Transactions 2018-2023
Table 25 Forecast Sales in Cafés/Bars by Category: Foodservice Value 2018-2023
Table 26 Forecast Cafés/Bars by Category: % Units/Outlets Growth 2018-2023
Table 27 Forecast Sales in Cafés/Bars by Category: % Transaction Growth 2018-2023
Table 28 Forecast Sales in Cafés/Bars by Category: % Foodservice Value Growth 2018-2023

Consumer Foodservice By Location in South Korea

HEADLINES

PROSPECTS

Stand-alone dominates consumer foodservice
Retail is the second largest location with healthy growth rate
Leisure is becoming more important in South Korea, benefiting consumer foodservice outlets

CATEGORY DATA

Table 29 Consumer Foodservice by Location: Units/Outlets 2013-2018
Table 30 Sales in Consumer Foodservice by Location: Number of Transactions 2013-2018
Table 31 Sales in Consumer Foodservice by Location: Foodservice Value 2013-2018
Table 32 Consumer Foodservice by Location: % Units/Outlets Growth 2013-2018
Table 33 Sales in Consumer Foodservice by Location: % Transaction Growth 2013-2018
Table 34 Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2013-2018
Table 35 Consumer Foodservice through Standalone: Units/Outlets 2013-2018
Table 36 Sales in Consumer Foodservice through Standalone: Number of Transactions 2013-2018
Table 37 Sales in Consumer Foodservice through Standalone: Foodservice Value 2013-2018
Table 38 Consumer Foodservice through Standalone: % Units/Outlets Growth 2013-2018
Table 39 Sales in Consumer Foodservice through Standalone: % Transaction Growth 2013-2018
Table 40 Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2013-2018
Table 41 Consumer Foodservice through Leisure: Units/Outlets 2013-2018
Table 42 Sales in Consumer Foodservice through Leisure: Number of Transactions 2013-2018
Table 43 Sales in Consumer Foodservice through Leisure: Foodservice Value 2013-2018
Table 44 Consumer Foodservice through Leisure: % Units/Outlets Growth 2013-2018
Table 45 Sales in Consumer Foodservice through Leisure: % Transaction Growth 2013-2018
Table 46 Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2013-2018
Table 47 Consumer Foodservice through Retail: Units/Outlets 2013-2018
Table 48 Sales in Consumer Foodservice through Retail: Number of Transactions 2013-2018
Table 49 Sales in Consumer Foodservice through Retail: Foodservice Value 2013-2018
Table 50 Consumer Foodservice through Retail: % Units/Outlets Growth 2013-2018
Table 51 Sales in Consumer Foodservice through Retail: % Transaction Growth 2013-2018
Table 52 Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2013-2018
Table 53 Consumer Foodservice through Lodging: Units/Outlets 2013-2018
Table 54 Sales in Consumer Foodservice through Lodging: Number of Transactions 2013-2018
Table 55 Sales in Consumer Foodservice through Lodging: Foodservice Value 2013-2018
Table 56 Consumer Foodservice through Lodging: % Units/Outlets Growth 2013-2018
Table 57 Sales in Consumer Foodservice through Lodging: % Transaction Growth 2013-2018
Table 58 Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2013-2018
Table 59 Consumer Foodservice through Travel: Units/Outlets 2013-2018
Table 60 Sales in Consumer Foodservice through Travel: Number of Transactions 2013-2018
Table 61 Sales in Consumer Foodservice through Travel: Foodservice Value 2013-2018
Table 62 Consumer Foodservice through Travel: % Units/Outlets Growth 2013-2018
Table 63 Sales in Consumer Foodservice through Travel: % Transaction Growth 2013-2018
Table 64 Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2013-2018
Table 65 Forecast Consumer Foodservice by Location: Units/Outlets 2018-2023
Table 66 Forecast Sales in Consumer Foodservice by Location: Number of Transactions 2018-2023
Table 67 Forecast Sales in Consumer Foodservice by Location: Foodservice Value 2018-2023
Table 68 Forecast Consumer Foodservice by Location: % Units/Outlets Growth 2018-2023
Table 69 Forecast Sales in Consumer Foodservice by Location: % Transaction Growth 2018-2023
Table 70 Forecast Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2018-2023
Table 71 Forecast Consumer Foodservice through Standalone: Units/Outlets 2018-2023
Table 72 Forecast Sales in Consumer Foodservice through Standalone: Number of Transactions 2018-2023
Table 73 Forecast Sales in Consumer Foodservice through Standalone: Foodservice Value 2018-2023
Table 74 Forecast Consumer Foodservice through Standalone: % Units/Outlets Growth 2018-2023
Table 75 Forecast Sales in Consumer Foodservice through Standalone: % Transaction Growth 2018-2023
Table 76 Forecast Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2018-2023
Table 77 Forecast Consumer Foodservice through Leisure: Units/Outlets 2018-2023
Table 78 Forecast Sales in Consumer Foodservice through Leisure: Number of Transactions 2018-2023
Table 79 Forecast Sales in Consumer Foodservice through Leisure: Foodservice Value 2018-2023
Table 80 Forecast Consumer Foodservice through Leisure: % Units/Outlets Growth 2018-2023
Table 81 Forecast Sales in Consumer Foodservice through Leisure: % Transaction Growth 2018-2023
Table 82 Forecast Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2018-2023
Table 83 Forecast Consumer Foodservice through Retail: Units/Outlets 2018-2023
Table 84 Forecast Sales in Consumer Foodservice through Retail: Number of Transactions 2018-2023
Table 85 Forecast Sales in Consumer Foodservice through Retail: Foodservice Value 2018-2023
Table 86 Forecast Consumer Foodservice through Retail: % Units/Outlets Growth 2018-2023
Table 87 Forecast Sales in Consumer Foodservice through Retail: % Transaction Growth 2018-2023
Table 88 Forecast Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2018-2023
Table 89 Forecast Consumer Foodservice through Lodging: Units/Outlets 2018-2023
Table 90 Forecast Sales in Consumer Foodservice through Lodging: Number of Transactions 2018-2023
Table 91 Forecast Sales in Consumer Foodservice through Lodging: Foodservice Value 2018-2023
Table 92 Forecast Consumer Foodservice through Lodging: % Units/Outlets Growth 2018-2023
Table 93 Forecast Sales in Consumer Foodservice through Lodging: % Transaction Growth 2018-2023
Table 94 Forecast Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2018-2023
Table 95 Forecast Consumer Foodservice through Travel: Units/Outlets 2018-2023
Table 96 Forecast Sales in Consumer Foodservice through Travel: Number of Transactions 2018-2023
Table 97 Forecast Sales in Consumer Foodservice through Travel: Foodservice Value 2018-2023
Table 98 Forecast Consumer Foodservice through Travel: % Units/Outlets Growth 2018-2023
Table 99 Forecast Sales in Consumer Foodservice through Travel: % Transaction Growth 2018-2023
Table 100 Forecast Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2018-2023

Full-Service Restaurants in South Korea

HEADLINES

PROSPECTS

Delivery services impact full-service restaurants category
Foodservice operators move into ready meals
Independent full-service restaurants sees higher growth in value terms

COMPETITIVE LANDSCAPE

CJ Foodville leads full-service restaurants although it is losing share
CJ Foodville focusing more on the local market
Born Korea Co Ltd introduces more new brands

CATEGORY DATA

Table 101 Full-Service Restaurants by Category: Units/Outlets 2013-2018
Table 102 Sales in Full-Service Restaurants by Category: Number of Transactions 2013-2018
Table 103 Sales in Full-Service Restaurants by Category: Foodservice Value 2013-2018
Table 104 Full-Service Restaurants by Category: % Units/Outlets Growth 2013-2018
Table 105 Sales in Full-Service Restaurants by Category: % Transaction Growth 2013-2018
Table 106 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2013-2018
Table 107 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2014-2018
Table 108 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2015-2018
Table 109 Forecast Full-Service Restaurants by Category: Units/Outlets 2018-2023
Table 110 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2018-2023
Table 111 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2018-2023
Table 112 Forecast Full-Service Res taurants by Category: % Units/Outlets Growth 2018-2023
Table 113 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 114 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2018-2023

Self-Service Cafeterias in South Korea

HEADLINES

PROSPECTS

Ikea Restaurant is the only chain operating in self-service cafeterias in South Korea
Independent smaller self-service cafeterias expected to decline

COMPETITIVE LANDSCAPE

IKEA plans to open more outlets in South Korea
Self-service restaurants is threatened by other categories

CATEGORY DATA

Table 115 Self-Service Cafeterias: Units/Outlets 2013-2018
Table 116 Sales in Self-Service Cafeterias: Number of Transactions 2013-2018
Table 117 Sales in Self-Service Cafeterias: Foodservice Value 2013-2018
Table 118 Sales in Self-Service Cafeterias: % Units/Outlets Growth 2013-2018
Table 119 Sales in Self-Service Cafeterias: % Transaction Growth 2013-2018
Table 120 Sales in Self-Service Cafeterias: % Foodservice Value Growth 2013-2018
Table 121 GBO Company Shares in Chained Self-Service Cafeterias: % Foodservice Value 2014-2018
Table 122 GBN Brand Shares in Chained Self-Service Cafeterias: % Foodservice Value 2015-2018
Table 123 Forecast Self-Service Cafeterias: Units/Outlets 2018-2023
Table 124 Forecast Sales in Self-Service Cafeterias: Number of Transactions 2018-2023
Table 125 Forecast Sales in Self-Service Cafeterias: Foodservice Value 2018-2023
Table 126 Forecast Self-Service Cafeterias: % Units/Outlets Growth 2018-2023
Table 127 Forecast Sales in Self-Service Cafeterias: % Transaction Growth 2018-2023
Table 128 Forecast Sales in Self-Service Cafeterias: % Foodservice Value Growth 2018-2023

Street Stalls/Kiosks in South Korea

HEADLINES

PROSPECTS

Chained street stalls/kiosks see value growth while independents continue to decline
Government regulation of street stalls/kiosks affects independent operators

COMPETITIVE LANDSCAPE

Myungrang Hotdog is a big hit in South Korea
Issac Toast continues to record healthy growth

CATEGORY DATA

Table 129 Street Stalls/Kiosks: Units/Outlets 2013-2018
Table 130 Sales in Street Stalls/Kiosks: Number of Transactions 2013-2018
Table 131 Sales in Street Stalls/Kiosks: Foodservice Value 2013-2018
Table 132 Street Stalls/Kiosks: % Units/Outlets Growth 2013-2018
Table 133 Sales in Street Stalls/Kiosks: % Transaction Growth 2013-2018
Table 134 Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2013-2018
Table 135 GBO Company Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2014-2018
Table 136 GBN Brand Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2015-2018
Table 137 Forecast Street Stalls/Kiosks: Units/Outlets 2018-2023
Table 138 Forecast Sales in Street Stalls/Kiosks: Number of Transactions 2018-2023
Table 139 Forecast Sales in Street Stalls/Kiosks: Foodservice Value 2018-2023
Table 140 Forecast Street Stalls/Kiosks: % Units/Outlets Growth 2018-2023
Table 141 Forecast Sales in Street Stalls/Kiosks: % Transaction Growth 2018-2023
Table 142 Forecast Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2018-2023

Limited-Service Restaurants in South Korea

HEADLINES

PROSPECTS

Limited-service restaurants continues to record steady growth in 2018
Convenience stores limited-service restaurants is the fastest growing category
Ice cream limited-service restaurants grow in popularity

COMPETITIVE LANDSCAPE

Paris Baguette continues to lead limited-service restaurants in value terms
Paris Baguette adds new services
Convenience stores rapidly expanding number of outlets

CATEGORY DATA

Table 143 Limited-Service Restaurants by Category: Units/Outlets 2013-2018
Table 144 Sales in Limited-Service Restaurants by Category: Number of Transactions 2013-2018
Table 145 Sales in Limited-Service Restaurants by Category: Number of Transactions 2013-2018
Table 146 Sales in Limited-Service Restaurants by Category: Foodservice Value 2013-2018
Table 147 Limited-Service Restaurants by Category: % Units/Outlets Growth 2013-2018
Table 148 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2013-2018
Table 149 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2013-2018
Table 150 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2014-2018
Table 151 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2015-2018
Table 152 Forecast Limited-Service Restaurants by Category: Units/Outlets 2018-2023
Table 153 Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2018-2023
Table 154 Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2018-2023
Table 155 Forecast Limited-Service Restaurants by Category: % Units/Outlets Growth 2018-2023
Table 156 Forecast Sales in Limited-Service Restaurants by Category: % Transaction Growth 2018-2023
Table 157 Forecast Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2018-2023

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