South Korea

Sales of sweet biscuits, snack bars and fruit snacks are expected to follow a positive growth trajectory in both retail volume and current value terms in 2023, although the growth dynamics vary across categories. Fruit snacks and snack bars, which…

Sugar confectionery in South Korea is set to exhibit growth in both retail volume and current value terms in 2023, with higher value growth due to inflationary factors. While growth is expected to vary across sugar confectionery, sales are projected…

In 2023, snacks in South Korea is set to experience growth in retail current value terms, although inflation is a factor influencing this performance. In addition, the end of the pandemic brought about various product innovations across different…

Savoury snacks in South Korea is expected to display a positive growth trajectory in both retail volume and current value terms in 2023, although the growth dynamics vary across different categories. Nuts, seeds and trail mixes, which are positioned…

Ice cream in South Korea is set to see slow growth in retail current value terms in 2023, although retail volume consumption is expected to fall due to the inflationary impact caused by higher raw milk prices. In addition, as pandemic restrictions…

After experiencing significant declines during the pandemic due to the mandatory mask-wearing regulation, gum is expected to witness a rebound in 2023, following the complete lifting of the mask mandate. In 2022, despite the easing of the mask…

As of May 2020, Euromonitor International has further downgraded the baseline global real GDP growth forecast for 2020 to a range of -4.0% to -1.5. Advanced economies are expected to be the hardest hit in this recession, with their economic activity…

Retail volume sales of chocolate confectionery are expected to stagnate in South Korea in 2023, although a positive growth trajectory is set to be maintained in retail current value terms due to inflationary factors. However, performances are…