Widening range and innovation at both ends of price spectrum
Cooking ingredients and meals in South Korea is growing at a slower pace in 2025. Consumers are benefitting from a wider choice of products in premium and value segments, as brands and private label provide more sophisticated lines. Distribution is creating notable changes, led by retail e-commerce and the direct-to-consumer strategies of food manufacturers.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Cooking Ingredients and Meals industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cooking Ingredients and Meals industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Cooking Ingredients and Meals in South Korea report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Cooking Ingredients and Meals in South Korea?
- Which are the leading brands in Cooking Ingredients and Meals in South Korea?
- How are products distributed in Cooking Ingredients and Meals in South Korea?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Cooking Ingredients and Meals?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in South Korea?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Cooking Ingredients and Meals in South Korea
Widening range and innovation at both ends of price spectrum
KEY DATA FINDINGS
Consumers shift towards ready-to-eat products as convenience attracts shoppers
Wider range of products entices consumers seeking greater choice and value
Structural change will force brands to rethink price-value propositions
Retail disruption is anticipated as food manufacturers build D2C
Consumer demand is becoming polarised between affordable and premium choices
Retailers are gaining prominence in a fiercely competitive landscape
Private label makes significant gains
Retail e-commerce is transforming market dynamics as direct to consumer platforms emerge
Consumers are more selective in their channel choice
COUNTRY REPORTS DISCLAIMER
Edible Oils in South Korea
KEY DATA FINDINGS
Olive oil offers a healthy appeal
Health-oriented oils sustain growth despite high prices
Consumers shift away from refined oils for health reasons
Health-driven consumption is reshaping edible oils with a focus on olive oil
Retail e-commerce expansion accelerates fragmentation in competitive landscape
Small-size formats and B2B demand emerge as key growth drivers
Heavy concentration among leading olive oil brands
Fragmentation persists in seed oils
Retail e-commerce reshapes channel dynamics and brand visibility
Meals and Soups in South Korea
KEY DATA FINDINGS
Consumers demand premium ingredients and convenience
Convenience and quality drive growth in meals and soups
Shelf-stable ready meals and dry soups are perceived to be less healthy
Demand for high-quality convenience foods will continue to rise
Competition to intensify in Home Meal Replacement (HMR)
Direct-to-consumer expansion will strengthen brand independence from retailers
Competition is set to intensify in frozen ready meals
Structural challenges to continue from private label
Private label thrives in store-based grocery retailers
Major brands gain traction via e-commerce
Sauces, Dips and Condiments in South Korea
KEY DATA FINDINGS
Premium and niche products attract consumers
Consumer demand for table sauces is stagnating
Players are responding to challenges in recipe sauces
Opportunity for premium table sauces as consumers explore global cuisines
Recipe sauces will see acceleration in brand-led differentiation
Digital channels expected to become primary outlet for premium sauce consumption
Rising demand for simplicity intensifies rivalry in recipe and table sauces
Food delivery and home meal replacement (HMR) products to expand
Retail e-commerce drives growth in sauces through variety and premium appeal
Sweet Spreads in South Korea
KEY DATA FINDINGS
Healthy options attract more consumers
Health-conscious and westernised eating habits drive gradual growth in sweet spreads
Health-conscious and meal-replacment spreads to drive functional growth
Influx of global brands will push local players to reposition and specialise
Digital-first strategies will reshape the distribution model for sweet spreads
Competition to intensify between local leaders and diversified imports in jam and honey
Retail e-commerce growth fuels influx of imported brands
COUNTRY REPORTS DISCLAIMER
The following categories and subcategories are included:
Cooking Ingredients and Meals
-
- Olive Oil
- Corn Oil
- Palm Oil
- Rapeseed Oil
- Soy Oil
- Sunflower Oil
- Other Edible Oil
-
-
- Dried Ready Meals
- Shelf Stable Ready Meals
- Chilled Ready Meals
- Frozen Ready Meals
-
- Dry Soup
- Shelf Stable Soup
- Chilled Soup
- Frozen Soup
-
- Chilled Pizza
- Frozen Pizza
-
- Meal Kits
- Quick Recipe Kits
- Chilled Lunch Kits
- Prepared Salads
-
-
-
-
- Liquid Stocks and Fonds
- Stock Cubes and Powders
- Gravy Cubes, Powders and Pots
- Monosodium Glutamate
- Herbs and Spices
- Tomato Pastes and Purées
-
-
-
- Liquid Recipe Sauces (excl pasta sauces)
- Dry Recipe Sauces
- Pasta Sauces
-
- Barbecue Sauces
- Fish Sauces
- Ketchup
- Mayonnaise
- Mustard
- Oyster Sauces
- Salad Dressings
- Soy Sauces
- Chili Sauces
-
- Dips
- Yeast-based Spreads
- Pickled Products
- Other Sauces and Condiments
-
-
- Honey
- Chocolate Spreads
- Jams and Preserves
- Nut and Seed Based Spreads
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 report originates from Passport, our Cooking Ingredients and Meals research and analysis database.
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 extraction Free!