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Learn moreNov 2019
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Frozen processed potatoes have become popular and recorded the strongest value growth in 2019 due to the increasing penetration of air fryers, a healthy alternative to a deep-fat fryer. Chips and French fries are usually purchased in fast food foodservice outlets, but air fryers are encouraging increased at-home consumption.
Shelf stable beans includes baked beans, processed green peas and sweet red beans etc. Korean consumers are now more familiar with baked beans when enjoying brunch or English breakfasts in cafés and restaurants.
In shelf stable fruit, sales of canned fruit show a similar pattern to sweet red beans. For ice flakes, canned fruit cocktail is considered a popular topping, but as consumers prefer to enjoy ice flakes through foodservice channels, sales of toppings through retail channels have continued to decline.
Dongwon F&B maintains the leading position in processed fruit and vegetables in 2019 despite recording a decline in actual value sales as canned fruit has become less popular. In addition to processed fruit, the company is the leading player in sweet red beans, included under “Other shelf stable beans”, and holds the dominant value share within frozen processed potatoes.
Dole Korea and E-Mart private label gained value share in 2019 due to fresh cup fruit centring around convenience stores and frozen fruit, respectively. Frozen fruit is mainly consumed during the hot summer months when consumers enjoy homemade ice flakes desserts with fruit toppings.
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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:
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This industry report originates from Passport.
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.