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Country Report

Gum in

Gum in South Korea

18 pages, Jul 2018

US$990

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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!

PROSPECTS

Innovated bubble gum uses familiar ice cream brands to lead a new trend

Amid the food innovation trend, players are actively introducing new flavours of bubble gum based on popular ice cream brands. In previous years, popular ice cream influenced fun new lollipops and flavoured milk drinks which have attracted adult consumers.

Gum consumption will see continuous decline over the forecast period

Chewing gum value sales will continue to decline over the forecast period. Consumers tend to think of coffee or confectionery with a gummy texture first, instead of gum, for after a meal and this trend will strengthen over the forecast period.

COMPETITIVE LANDSCAPE

Lotte Confectionery retains its dominant position and gains value share but its actual value sales decline

Lotte Confectionery Co Ltd develops innovative gum products. The company is projected to be the only player to gain value sales within bubble gum in 2018 thanks to the strong performance of Watta and the expansion of its flavours.

Players indirectly put effort into increasing sales

Haitai Confectionery & Foods Co Ltd, Orion Corp and private label will continue to perform weakly over the forecast period due to putting less investment into developing new gum products. Manufacturers already agree that gum does not have a positive forecast and that consumers have shifted towards gum replacements such as other chewing confectionery or mints.

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Gum Market Sample Report Gum Market Sample Data

Overview

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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.

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Overview

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

The Gum 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 Gum in South Korea?
What are the major brands in South Korea?
How are more expensive “lifestyle” brands like Wrigley’s 5 performing?
Are consumers in developed markets moving from sugarised to sugar-free gum?

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.

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Gum in South Korea - Category analysis

HEADLINES

PROSPECTS

Innovated bubble gum uses familiar ice cream brands to lead a new trend

Gum consumption will see continuous decline over the forecast period

COMPETITIVE LANDSCAPE

Lotte Confectionery retains its dominant position and gains value share but its actual value sales decline

Players indirectly put effort into increasing sales

CATEGORY DATA

Table 1 Sales of Gum by Category: Volume 2013-2018
Table 2 Sales of Gum by Category: Value 2013-2018
Table 3 Sales of Gum by Category: % Volume Growth 2013-2018
Table 4 Sales of Gum by Category: % Value Growth 2013-2018
Table 5 NBO Company Shares of Gum: % Value 2014-2018
Table 6 LBN Brand Shares of Gum: % Value 2015-2018
Table 7 Distribution of Gum by Format: % Value 2013-2018
Table 8 Forecast Sales of Gum by Category: Volume 2018-2023
Table 9 Forecast Sales of Gum by Category: Value 2018-2023
Table 10 Forecast Sales of Gum by Category: % Volume Growth 2018-2023
Table 11 Forecast Sales of Gum by Category: % Value Growth 2018-2023

Packaged Food in South Korea - Industry Overview

EXECUTIVE SUMMARY

Consumers continue to snack outside but eat meals at home

Home meal replacement products lead growth

CJ CheilJedang continues to lead packaged food, followed by Lotte Confectionery

Hypermarkets losing sales to convenience stores and internet retailers

Home meal replacement trend fuelling slight growth

FOODSERVICE

Sales to Foodservice

Growing popularity of snacking areas in cafés and bars
Changing alcohol consumption trends boosting sales
Ready meals foodservice sales boosted by HMR trend

Consumer Foodservice

Rising demand for quality boosts value sales per outlet
Booming demand for home meal replacements in convenience stores
Rising demand for coffee among busy consumers

Category Data

Table 12 Foodservice Sales of Packaged Food by Category: Volume 2013-2018
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2013-2018
Table 17 Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 18 Sales of Packaged Food by Category: % Value Growth 2013-2018
Table 19 GBO Company Shares of Packaged Food: % Value 2014-2018
Table 20 NBO Company Shares of Packaged Food: % Value 2014-2018
Table 21 LBN Brand Shares of Packaged Food: % Value 2015-2018
Table 22 Penetration of Private Label by Category: % Value 2013-2018
Table 23 Distribution of Packaged Food by Format: % Value 2013-2018
Table 24 Distribution of Packaged Food by Format and Category: % Value 2018
Table 25 Forecast Sales of Packaged Food by Category: Volume 2018-2023
Table 26 Forecast Sales of Packaged Food by Category: Value 2018-2023
Table 27 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023
Table 28 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

Megatrends

Country Report

Gum in South Korea

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Executive Summary

New Report Guarantee

PROSPECTS

Innovated bubble gum uses familiar ice cream brands to lead a new trend

Gum consumption will see continuous decline over the forecast period

COMPETITIVE LANDSCAPE

Lotte Confectionery retains its dominant position and gains value share but its actual value sales decline

Players indirectly put effort into increasing sales

Samples

Overview

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Table of Contents

Gum in South Korea - Category analysis

HEADLINES

PROSPECTS

Innovated bubble gum uses familiar ice cream brands to lead a new trend

Gum consumption will see continuous decline over the forecast period

COMPETITIVE LANDSCAPE

Lotte Confectionery retains its dominant position and gains value share but its actual value sales decline

Players indirectly put effort into increasing sales

CATEGORY DATA

Packaged Food in South Korea - Industry Overview

EXECUTIVE SUMMARY

Consumers continue to snack outside but eat meals at home

Home meal replacement products lead growth

CJ CheilJedang continues to lead packaged food, followed by Lotte Confectionery

Hypermarkets losing sales to convenience stores and internet retailers

Home meal replacement trend fuelling slight growth

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

DEFINITIONS

SOURCES

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