Retail sales of savoury snacks are expected to decline in both volume and current value terms in 2022, after seeing a temporary rebound during the pandemic, as consumption decreases at a household level. However, the inflation being seen after the pandemic may bring the home consumption culture back over the forecast period, boosting sales of savoury snacks once again.
When it comes to distribution channels, e-commerce is expected to continue to grow its retail share in savoury snacks over the forecast period, after a spike in sales via e-commerce over 2020-2021, on the back of online-only services such as snack packages. Snack packages used to only be available offline, as a gift, before the COVID-19 outbreak.
The recommencement of international travel is expected to drive sales of nuts, seeds and trail mixes over the forecast period, thanks to the popularity of products from Gilim International. Before the onset of COVID-19, its brand Honey Butter & Other Almond was well-known as a standard souvenir amongst international tourists, which led the company to open large specialist stores in several tourist destinations.
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Understand the latest market trends and future growth opportunities for the Savoury Snacks industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Savoury Snacks
This is the aggregation of chips/crisps, extruded snacks, tortilla/corn chips, popcorn, pretzels, nuts and other sweet and savoury snacks
See All of Our DefinitionsThis report originates from Passport, our Savoury Snacks research and analysis database.
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