Sauces, Dressings and Condiments in South Korea

December 2020 | 34 pages | ID: S2972CEAB0FEN
Euromonitor International Ltd

Abstracts

The COVID-19 outbreak boosted sales of sauces, dressings and condiments as home cooking increased in 2020. Sales of soy sauce, chilli sauce and other sauces, dressings and condiments had been contracting in recent years as home cooking had been on the decline while dining-out had been on the ascendency. However, this situation went into reverse in 2020 with the onset of the global pandemic. As dining at home naturally grew during home seclusion, sales of sauces, dressings and condiments soared i...

Euromonitor International's Sauces, Dressings and Condiments 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 2015-2019, 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 2024 illustrate how the market is set to change.

Product coverage: Cooking Ingredients, Dips, Other Sauces, Dressings and Condiments, Pickled Products, Table Sauces, Tomato Pastes and Pur?es, Yeast-based Spreads.

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

Why buy this report?

• Get a detailed picture of the Sauces, Dressings and Condiments 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.

Contents

KEY DATA FINDINGS
2020 IMPACT
Cooking ingredients rebounds as the pandemic alters consumers’ dining habits
Demand for exotic sauces may increase due to travel restrictions
Demand for Kimchi increases from households during the pandemic
RECOVERY AND OPPORTUNITIES
Convenience drives consecutive growth in overall sales despite stagnation in traditional categories
Traditional sauces, dressings and condiments leverage an emerging category
Size innovation set to boost product appeal among young generations
CATEGORY DATA
Table 1 Sales of Sauces, Dressings and Condiments by Category: Volume 2015-2020
Table 2 Sales of Sauces, Dressings and Condiments by Category: Value 2015-2020
Table 3 Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2015-2020
Table 4 Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2015-2020
Table 5 Sales of Cooking Sauces by Type: % Value 2015-2020
Table 6 NBO Company Shares of Sauces, Dressings and Condiments: % Value 2016-2020
Table 7 LBN Brand Shares of Sauces, Dressings and Condiments: % Value 2017-2020
Table 8 Distribution of Sauces, Dressings and Condiments by Format: % Value 2015-2020
Table 9 Forecast Sales of Sauces, Dressings and Condiments by Category: Volume 2020-2025
Table 10 Forecast Sales of Sauces, Dressings and Condiments by Category: Value 2020-2025
Table 11 Forecast Sales of Sauces, Dressings and Condiments by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Sauces, Dressings and Condiments by Category: % Value Growth 2020-2025