HW Cooking Ingredients and Meals in South Korea

November 2023 | 13 pages | ID: HE3149D2BD89EN
Euromonitor International Ltd

Abstracts

Although products low in sugar are becoming more noticeable in cooking ingredients and meals, product innovation has so far been less proactive than in other packaged food categories, and consumers’ attention has not yet been captured. However, South Korean consumers looked for low sugar products more in 2022, in line with the soaring popularity of no sugar products in soft and alcoholic drinks. While in terms of health and wellness, innovation lagged in packaged food before the COVID-19 outbrea...

Euromonitor International's HW Cooking Ingredients and Meals in South Korea report tracks the developments of health-associated product types and the healthy-option positioning of competing brands across different food sectors. It provides the latest retail sales data 2018-2022, allowing you to compare health and wellness categories with each other or in the context of the total market for a sector. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market- be they new product developments, legislative context or lifestyle influences. Forecasts to 2027 illustrate how the market is set to change.

Product coverage: HW Cooking Ingredients and Meals by Type, HW Edible Oils, HW Meals and Soups, HW Sauces, Dips and Condiments, HW Sweet 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 HW Cooking Ingredients and Meals 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

HW Cooking Ingredients and Meals in South Korea
Euromonitor International
January 2024

LIST OF CONTENTS AND TABLES

HW COOKING INGREDIENTS AND MEALS IN SOUTH KOREA
KEY DATA FINDINGS

2022 DEVELOPMENTS

Low/no sugar emerges as a new growth engine, although so far with limited product innovation
With concerns about overprocessed foods, natural holds first place within health and wellness cooking ingredients and meals in 2022
Good source of omega 3s records growth as consumers look to boost their metabolism
PROSPECTS AND OPPORTUNITIES
Low sugar and low salt set to gain further traction along with government action
As consumers are more concerned with health, animal welfare and the environment, vegetarian is set to be the most promising claim to 2027
High protein set to be most dynamic over the forecast period, as consumers look to get their protein intake from foods not supplements
CATEGORY DATA
Table 1 Sales of Cooking Ingredients and Meals by Health and Wellness Type: Value 2019-2022
Table 2 Sales of Cooking Ingredients and Meals by Health and Wellness Type: % Value Growth 2019-2022
Table 3 Company Shares of Organic Cooking Ingredients and Meals (Biggest HW Type in Global Cooking Ingredients and Meals): % Value 2019-2022
Table 4 Company Shares of Gluten Free Cooking Ingredients and Meals (2nd Biggest HW Type in Global Cooking Ingredients and Meals): % Value 2019-2022
Table 5 Company Shares of Vegetarian Cooking Ingredients and Meals (3rd Biggest HW Type in Global Cooking Ingredients and Meals): % Value 2019-2022
Table 6 Company Shares of Vegan Cooking Ingredients and Meals (4th Biggest HW Type in Global Cooking Ingredients and Meals): % Value 2019-2022
Table 7 Company Shares of Natural Cooking Ingredients and Meals (5th Biggest HW Type in Global Cooking Ingredients and Meals): % Value 2019-2022
Table 8 Forecast Sales of Cooking Ingredients and Meals by Health and Wellness Type: Value 2022-2027
Table 9 Forecast Sales of Cooking Ingredients and Meals by Health and Wellness Type: % Value Growth 2022-2027
HEALTH AND WELLNESS IN SOUTH KOREA
EXECUTIVE SUMMARY
Overview
DISCLAIMER