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Country Report
Processed Fruit and Vegetables in
South Korea
- Algeria
- Argentina
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- Austria
- Azerbaijan
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Processed Fruit and Vegetables in South Korea
Dec 2020
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2020 IMPACT
Sales of processed fruit rebound under the growing home desserts culture
After seeing retail volume declines for several years, in 2019 processed fruit and vegetables returned to growth, and has seen an even stronger increase in 2020. Sales of processed fruit and vegetables have increased in both shelf stable and frozen formats, as home consumption increased during the height of the COVID-19 outbreak.
Shelf stable fruit continues to grow in foodservice
Although overall foodservice volume sales have declined in 2020, growth has been witnessed in foodservice volume sales of shelf stable fruit. This is in stark contrast to the general trend, where business-to-business food supply fell due to stay-at-home guidelines amidst the COVID-19 pandemic; albeit there were no forced business closures in South Korea.
All the leaders grow their shares as consumers turn to trusted brands
Dongwon F&B has maintained its leading position in processed fruit and vegetables in value terms in 2020, and extended its value share. It has a particularly high share in shelf stable fruit, whilst the company is the leading player in shelf stable vegetables and frozen processed potatoes.
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Overview
Why buy this report?
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Overview
Discover the latest market trends and uncover sources of future market growth for the Processed Fruit and Vegetables 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 Processed Fruit and Vegetables industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.
The Processed Fruit and Vegetables 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 Processed Fruit and Vegetables in South Korea?
- What are the major brands in South Korea?
- Which dietary supplement grew the fastest in the past year?
Why buy this report?
- Gain competitive intelligence about market leaders
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- Inform your marketing, brand, strategy and market development, sales and supply functions
This industry report originates from Passport.
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Request more informationTable of Contents
Processed Fruit and Vegetables in South Korea - Category analysis
KEY DATA FINDINGS
2020 IMPACT
Sales of processed fruit rebound under the growing home desserts culture
Shelf stable fruit continues to grow in foodservice
All the leaders grow their shares as consumers turn to trusted brands
RECOVERY AND OPPORTUNITIES
A bounce-back to growth for foodservice
Healthy snacking will drive growth of healthier shelf-stable fruits
Convenience set to boost sales of frozen processed fruit and vegetables
CATEGORY DATA
Table 1 Sales of Processed Fruit and Vegetables by Category: Volume 2015-2020Table 2 Sales of Processed Fruit and Vegetables by Category: Value 2015-2020
Table 3 Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2015-2020
Table 4 Sales of Processed Fruit and Vegetables by Category: % Value Growth 2015-2020
Table 5 NBO Company Shares of Processed Fruit and Vegetables: % Value 2016-2020
Table 6 LBN Brand Shares of Processed Fruit and Vegetables: % Value 2017-2020
Table 7 Distribution of Processed Fruit and Vegetables by Format: % Value 2015-2020
Table 8 Forecast Sales of Processed Fruit and Vegetables by Category: Volume 2020-2025
Table 9 Forecast Sales of Processed Fruit and Vegetables by Category: Value 2020-2025
Table 10 Forecast Sales of Processed Fruit and Vegetables by Category: % Volume Growth 2020-2025
Table 11 Forecast Sales of Processed Fruit and Vegetables by Category: % Value Growth 2020-2025
Packaged Food in South Korea - Industry Overview
EXECUTIVE SUMMARY
COVID-19 impact on packaged food
COVID-19 country impact
Foodservice players and retailers alike embrace online operations
Retailing shift
Foodservice vs retail split
What next for packaged food?
FOODSERVICE
Sales to Foodservice
Footfall remains down as consumers doubt safety of dining inOperating restrictions cause sharp decline in sales to foodservice
Pizza popularity allows cheese sales to breathe, while milk demand remains fresh
Consumer Foodservice
Unavoidable losses incurred despite outlets remaining openSchool closures strongly dampen foodservice performance in convenience stores
Mobile app proliferation facilitates surge in demand for home delivery
Category Data
Chart 1 Packaged Food Value Sales Growth Scenarios: 2018-2025Chart 2 Packaged Food Impact of Drivers on Value Sales: 2017-2025
Table 12 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025
MARKET DATA
Table 16 Sales of Packaged Food by Category: Volume 2015-2020Table 17 Sales of Packaged Food by Category: Value 2015-2020
Table 18 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 19 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 20 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 21 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 23 Penetration of Private Label by Category: % Value 2015-2020
Table 24 Distribution of Packaged Food by Format: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format and Category: % Value 2020
Table 26 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 27 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
DISCLAIMER
SOURCES
Summary 1 Research SourcesWhy 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.
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Request more informationComplete Catalogue
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Complete Catalogue
Country Reports
- Processed Fruit and Vegetables in Algeria | Dec 2020
- Processed Fruit and Vegetables in Argentina | Dec 2020
- Processed Fruit and Vegetables in Australia | Nov 2020
- Processed Fruit and Vegetables in Austria | Nov 2020
- Processed Fruit and Vegetables in Azerbaijan | Dec 2020
- Processed Fruit and Vegetables in Belarus | Dec 2020
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- Processed Fruit and Vegetables in Chile | Nov 2020
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- Processed Fruit and Vegetables in Poland | Nov 2020
- Processed Fruit and Vegetables in Portugal | Dec 2020
- Processed Fruit and Vegetables in Romania | Dec 2020
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