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The chocolate market in South Korea is forecasted to grow by USD 155.52 mn during 2023-2028, accelerating at a CAGR of 4.39% during the forecast period. The report on the chocolate market in South Korea provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing collaboration with celebrities and influencers, expansion of retail channels, and increase in gifting culture.
The chocolate market in South Korea is segmented as below:
By Product
- Dark chocolate
- Milk/white chocolate
By Distribution Channel
- Offline
- Online
By Product Type
- Molded chocolate
- Softlines/selflines
- Boxed assortments
- Seasonal chocolates
- Others
The report on the chocolate market in South Korea covers the following areas:
- Chocolate market in South Korea sizing
- Chocolate market in South Korea forecast
- Chocolate market in South Korea industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Market Segmentation by Product Type
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the chocolate market in South Korea: CACAODADA Kakao, Crown Confectionery Co. Ltd, Lotte Corp., Mars Inc., Nestle SA, Orion Corp., Perfetti Van Melle Group BV, Rocky Mountain Chocolate Factory Inc., The Hershey Co., and Ferrero International S.A..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing demand for plant-based and vegan chocolate.'
According to the report, one of the major drivers for this market is the increasing collaboration with celebrities and influencers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- CACAODADA Kakao
- Crown Confectionery Co. Ltd
- Lotte Corp.
- Mars Inc.
- Nestle SA
- Orion Corp.
- Perfetti Van Melle Group BV
- Rocky Mountain Chocolate Factory Inc.
- The Hershey Co.
- Ferrero International S.A.
