SOUP IN SOUTH KOREA

Euromonitor International

November 2018

LIST OF CONTENTS AND TABLES

Headlines

Prospects

the Strong Popularity of Hmr Drives Sales of Korean-style Soup

Packaged Products Are Even Enjoyed on Special Occasions

Shelf Stable Soup Overtakes Chilled Soup Thanks To Its Strong Performance

Competitive Landscape

Cj Cheiljedang Develops Hmr Products With the Bibigo Soup Brand

Improvements in Nutrition

Convenience Is Key Factor Boosting Sales of Soup

Category Data

Table 1 Sales of Soup by Category: Volume 2013-2018

Table 2 Sales of Soup by Category: Value 2013-2018

Table 3 Sales of Soup by Category: % Volume Growth 2013-2018

Table 4 Sales of Soup by Category: % Value Growth 2013-2018

Table 5 Sales of Soup by by Leading Flavours: Rankings 2013-2018

Table 6 NBO Company Shares of Soup: % Value 2014-2018

Table 7 LBN Brand Shares of Soup: % Value 2015-2018

Table 8 Distribution of Soup by Format: % Value 2013-2018

Table 9 Forecast Sales of Soup by Category: Volume 2018-2023

Table 10 Forecast Sales of Soup by Category: Value 2018-2023

Table 11 Forecast Sales of Soup by Category: % Volume Growth 2018-2023

Table 12 Forecast Sales of Soup by Category: % Value Growth 2018-2023

Executive Summary

Consumers Continue To Snack Outside But Eat Meals at Home

Home Meal Replacement Products Lead Growth

Cj Cheiljedang Continues To Lead Packaged Food, Followed by Lotte Confectionery

Hypermarkets Losing Sales To Convenience Stores and Internet Retailers

Home Meal Replacement Trend Fuelling Slight Growth

Foodservice

Sales To Foodservice

Consumer Foodservice

Category Data

Table 13 Foodservice Sales of Packaged Food by Category: Volume 2013-2018

Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018

Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023

Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

Market Data

Table 17 Sales of Packaged Food by Category: Volume 2013-2018

Table 18 Sales of Packaged Food by Category: % Volume Growth 2013-2018

Table 19 Sales of Packaged Food by Category: % Value Growth 2013-2018

Table 20 GBO Company Shares of Packaged Food: % Value 2014-2018

Table 21 NBO Company Shares of Packaged Food: % Value 2014-2018

Table 22 LBN Brand Shares of Packaged Food: % Value 2015-2018

Table 23 Penetration of Private Label by Category: % Value 2013-2018

Table 24 Distribution of Packaged Food by Format: % Value 2013-2018

Table 25 Distribution of Packaged Food by Format and Category: % Value 2018

Table 26 Forecast Sales of Packaged Food by Category: Volume 2018-2023

Table 27 Forecast Sales of Packaged Food by Category: Value 2018-2023

Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023

Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

Definitions

Sources

Summary 1 Research Sources

As HMR (home meal replacement) continues to be very popular, Korean-style soup significantly increased in both value and volume terms in 2018. Thanks to cheaper private label lines and more and more manufacturers entering the market with competitive prices, the average unit price declined in 2018. Brands and flavours are varied, but concentrate on shelf stable soup and chilled soup in stand-up pouch format. Originally, many players targeted single households or the younger generation with not en...

Euromonitor International's Soup in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2013-2017, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2022 illustrate how the market is set to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Soup market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.