Key Highlights
- The savory snacks market consists of the retail sale of ethnic/traditional snacks, meat snacks, nuts and seeds, popcorn, potato chips, processed snacks and pretzels products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2022 exchange rates.
- The South Korean Savory Snacks market had total revenues of $905.5 million in 2022, representing a compound annual growth rate (CAGR) of 1.8% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.1% between 2017 and 2022, to reach a total of 97.8 million kilograms in 2022.
- The performance of the market is forecast to accelerate, with an anticipated CAGR of 2.4% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $1,017.9 million by the end of 2027.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the savory snacks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the savory snacks market in South Korea
- Leading company profiles reveal details of key savory snacks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea savory snacks market with five year forecasts
Reasons to Buy
- What was the size of the South Korea savory snacks market by value in 2022?
- What will be the size of the South Korea savory snacks market in 2027?
- What factors are affecting the strength of competition in the South Korea savory snacks market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's savory snacks market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nongshim Co Ltd
- Orion Holdings Corporation
- Haitai Confectionery and Foods Co Ltd
- Lotte Co Ltd