In 2024, consumer foodservice in South Korea faced prolonged economic stagnation, creating financial burdens for both consumers and foodservice operators. As a result, businesses have been adapting by implementing strategies to reduce costs for themselves, while making dining out more affordable for consumers, ultimately encouraging spending.
The Consumer Foodservice in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Consumer Foodservice by Fulfillment, Consumer Foodservice by Location, Consumer Foodservice by Ordering Platform, Consumer Foodservice by Type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
The Consumer Foodservice in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides foodservice sales, the number of outlets and the number of transactions by sector, allowing you to identify the foodservice sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they eating habits, lifestyle changes, tourism spending or legislative issues. Forecasts to 2029 illustrate how the market is set to change.
Product coverage: Consumer Foodservice by Fulfillment, Consumer Foodservice by Location, Consumer Foodservice by Ordering Platform, Consumer Foodservice by Type.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
- Get a detailed picture of the Consumer Foodservice 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.
Table of Contents
EXECUTIVE SUMMARY
- Consumer foodservice in 2024: The big picture
- 2024 key trends
- Competitive landscape
- Independent foodservice developments
- What next for consumer foodservice?
MARKET DATA
- Table 1 Units, Transactions and Value Sales in Consumer Foodservice 2019-2024
- Table 2 Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2019-2024
- Table 3 Consumer Foodservice by Independent vs Chained by Type: Units/Outlets 2024
- Table 4 Consumer Foodservice by Independent vs Chained: % Foodservice Value 2019-2024
- Table 5 Sales in Consumer Foodservice by Food vs Drink Split: % Foodservice Value 2019-2024
- Table 6 Sales in Consumer Foodservice by Food vs Drink Split by Type: % Foodservice Value 2024
- Table 7 Sales in Consumer Foodservice by Location: % Foodservice Value 2019-2024
- Table 8 Sales in Consumer Foodservice by Fulfillment: % Foodservice Value 2019-2024
- Table 9 GBO Company Shares in Chained Consumer Foodservice: % Foodservice Value 2020-2024
- Table 10 GBN Brand Shares in Chained Consumer Foodservice: % Foodservice Value 2021-2024
- Table 11 GBN Brand Shares in Chained Consumer Foodservice: Units/Outlets 2024
- Table 12 Forecast Units, Transactions and Value Sales in Consumer Foodservice 2024-2029
- Table 13 Forecast Units, Transactions and Value Sales in Consumer Foodservice: % Growth 2024-2029
SOURCES
- Summary 1 Research Sources
2024 DEVELOPMENTS
- Increase in celebrity endorsements and media collaborations to improve weak consumer sentiment
- Facing competition from packaged food
- Cost pressures of third-party delivery platforms leads to development of first-party apps
PROSPECTS AND OPPORTUNITIES
- Consumer-centric adjustments are necessary to drive consumer engagement
- Challenges for fulfilment stakeholders will continue
- Competing with packaged food through quality and value
CATEGORY DATA
- Table 14 Limited-Service Restaurants by Category: Units/Outlets 2019-2024
- Table 15 Sales in Limited-Service Restaurants by Category: Number of Transactions 2019-2024
- Table 16 Sales in Limited-Service Restaurants by Category: Foodservice Value 2019-2024
- Table 17 Limited-Service Restaurants by Category: % Units/Outlets Growth 2019-2024
- Table 18 Sales in Limited-Service Restaurants by Category: % Transaction Growth 2019-2024
- Table 19 Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2019-2024
- Table 20 GBO Company Shares in Chained Limited-Service Restaurants: % Foodservice Value 2020-2024
- Table 21 GBN Brand Shares in Chained Limited-Service Restaurants: % Foodservice Value 2021-2024
- Table 22 Forecast Limited-Service Restaurants by Category: Units/Outlets 2024-2029
- Table 23 Forecast Sales in Limited-Service Restaurants by Category: Number of Transactions 2024-2029
- Table 24 Forecast Sales in Limited-Service Restaurants by Category: Foodservice Value 2024-2029
- Table 25 Forecast Limited-Service Restaurants by Category: % Units/Outlets Growth 2024-2029
- Table 26 Forecast Sales in Limited-Service Restaurants by Category: % Transaction Growth 2024-2029
- Table 27 Forecast Sales in Limited-Service Restaurants by Category: % Foodservice Value Growth 2024-2029
2024 DEVELOPMENTS
- Extended value chain of specialist coffee and tea shops due to rising competition
- Expansion of competitive landscape in specialist coffee and tea shops
- Shift in drinking culture behind slow recovery of bars/pubs
PROSPECTS AND OPPORTUNITIES
- Product innovation focused on alcoholic drinks in cafés/bars
- Innovation in smart ordering will continue to develop specialist coffee and tea shops
CATEGORY DATA
- Table 28 Cafés/Bars by Category: Units/Outlets 2019-2024
- Table 29 Sales in Cafés/Bars by Category: Number of Transactions 2019-2024
- Table 30 Sales in Cafés/Bars by Category: Foodservice Value 2019-2024
- Table 31 Cafés/Bars by Category: % Units/Outlets Growth 2019-2024
- Table 32 Sales in Cafés/Bars by Category: % Transaction Growth 2019-2024
- Table 33 Sales in Cafés/Bars by Category: % Foodservice Value Growth 2019-2024
- Table 34 GBO Company Shares in Chained Cafés/Bars: % Foodservice Value 2020-2024
- Table 35 GBN Brand Shares in Chained Cafés/Bars: % Foodservice Value 2021-2024
- Table 36 Forecast Cafés/Bars by Category: Units/Outlets 2024-2029
- Table 37 Forecast Sales in Cafés/Bars by Category: Number of Transactions 2024-2029
- Table 38 Forecast Sales in Cafés/Bars by Category: Foodservice Value 2024-2029
- Table 39 Forecast Cafés/Bars by Category: % Units/Outlets Growth 2024-2029
- Table 40 Forecast Sales in Cafés/Bars by Category: % Transaction Growth 2024-2029
- Table 41 Forecast Sales in Cafés/Bars by Category: % Foodservice Value Growth 2024-2029
2024 DEVELOPMENTS
- Shifting consumer preferences and market challenges for full-service restaurants
- Retail options offer strong competition
- The popularity of one-bowl foods is on the rise due to changing culture in dining out
PROSPECTS AND OPPORTUNITIES
- Potential risks due to development of processed foods and ready meals
- Further development of table-ordering systems to enhance consumer experience
- Delivery of new cuisines will be essential to push recovery of full-service restaurants
CATEGORY DATA
- Table 42 Full-Service Restaurants by Category: Units/Outlets 2019-2024
- Table 43 Sales in Full-Service Restaurants by Category: Number of Transactions 2019-2024
- Table 44 Sales in Full-Service Restaurants by Category: Foodservice Value 2019-2024
- Table 45 Full-Service Restaurants by Category: % Units/Outlets Growth 2019-2024
- Table 46 Sales in Full-Service Restaurants by Category: % Transaction Growth 2019-2024
- Table 47 Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2019-2024
- Table 48 GBO Company Shares in Chained Full-Service Restaurants: % Foodservice Value 2020-2024
- Table 49 GBN Brand Shares in Chained Full-Service Restaurants: % Foodservice Value 2021-2024
- Table 50 Forecast Full-Service Restaurants by Category: Units/Outlets 2024-2029
- Table 51 Forecast Sales in Full-Service Restaurants by Category: Number of Transactions 2024-2029
- Table 52 Forecast Sales in Full-Service Restaurants by Category: Foodservice Value 2024-2029
- Table 53 Forecast Full-Service Restaurants by Category: % Units/Outlets Growth 2024-2029
- Table 54 Forecast Sales in Full-Service Restaurants by Category: % Transaction Growth 2024-2029
- Table 55 Forecast Sales in Full-Service Restaurants by Category: % Foodservice Value Growth 2024-2029
2024 DEVELOPMENTS
- The rise of independent self-service cafeterias continues in 2024
- Competition from B2B channel
- Plant-based innovation from Ikea Restaurant
PROSPECTS AND OPPORTUNITIES
- Value for money matters for customers of self-service cafeterias
- Growth potential and risks for self-service cafeterias
- Limited expansion potential for chained self-service cafeterias
CATEGORY DATA
- Table 56 Self-Service Cafeterias: Units/Outlets 2019-2024
- Table 57 Sales in Self-Service Cafeterias: Number of Transactions 2019-2024
- Table 58 Sales in Self-Service Cafeterias: Foodservice Value 2019-2024
- Table 59 Sales in Self-Service Cafeterias: % Units/Outlets Growth 2019-2024
- Table 60 Sales in Self-Service Cafeterias: % Transaction Growth 2019-2024
- Table 61 Sales in Self-Service Cafeterias: % Foodservice Value Growth 2019-2024
- Table 62 GBO Company Shares in Chained Self-Service Cafeterias: % Foodservice Value 2020-2024
- Table 63 GBN Brand Shares in Chained Self-Service Cafeterias: % Foodservice Value 2021-2024
- Table 64 Forecast Self-Service Cafeterias: Units/Outlets 2024-2029
- Table 65 Forecast Sales in Self-Service Cafeterias: Number of Transactions 2024-2029
- Table 66 Forecast Sales in Self-Service Cafeterias: Foodservice Value 2024-2029
- Table 67 Forecast Self-Service Cafeterias: % Units/Outlets Growth 2024-2029
- Table 68 Forecast Sales in Self-Service Cafeterias: % Transaction Growth 2024-2029
- Table 69 Forecast Sales in Self-Service Cafeterias: % Foodservice Value Growth 2024-2029
2024 DEVELOPMENTS
- Shifting dessert trends from tanghulu to yoghurt ice cream
- Resurgence of traditional street snacks
- Rapid changes in street stalls/kiosks due to low start-up costs
PROSPECTS AND OPPORTUNITIES
- Growth potential and limitations of street stalls/kiosks
- Expectations for trickle-up effect through the frequent emergence of new desserts
CATEGORY DATA
- Table 70 Street Stalls/Kiosks: Units/Outlets 2019-2024
- Table 71 Sales in Street Stalls/Kiosks: Number of Transactions 2019-2024
- Table 72 Sales in Street Stalls/Kiosks: Foodservice Value 2019-2024
- Table 73 Street Stalls/Kiosks: % Units/Outlets Growth 2019-2024
- Table 74 Sales in Street Stalls/Kiosks: % Transaction Growth 2019-2024
- Table 75 Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2019-2024
- Table 76 GBO Company Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2020-2024
- Table 77 GBN Brand Shares in Chained Street Stalls/Kiosks: % Foodservice Value 2021-2024
- Table 78 Forecast Street Stalls/Kiosks: Units/Outlets 2024-2029
- Table 79 Forecast Sales in Street Stalls/Kiosks: Number of Transactions 2024-2029
- Table 80 Forecast Sales in Street Stalls/Kiosks: Foodservice Value 2024-2029
- Table 81 Forecast Street Stalls/Kiosks: % Units/Outlets Growth 2024-2029
- Table 82 Forecast Sales in Street Stalls/Kiosks: % Transaction Growth 2024-2029
- Table 83 Forecast Sales in Street Stalls/Kiosks: % Foodservice Value Growth 2024-2029
2024 DEVELOPMENTS
- The rise of travel, retail and lodging locations in South Korea
- Increasing popularity of affordable hotel buffets in urban areas
PROSPECTS AND OPPORTUNITIES
- Potential challenges for retail, lodging, and travel establishments
- Opportunities exist, depending on location
CATEGORY DATA
- Table 84 Consumer Foodservice by Location: Units/Outlets 2019-2024
- Table 85 Sales in Consumer Foodservice by Location: Number of Transactions 2019-2024
- Table 86 Sales in Consumer Foodservice by Location: Foodservice Value 2019-2024
- Table 87 Consumer Foodservice by Location: % Units/Outlets Growth 2019-2024
- Table 88 Sales in Consumer Foodservice by Location: % Transaction Growth 2019-2024
- Table 89 Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2019-2024
- Table 90 Consumer Foodservice through Standalone: Units/Outlets 2019-2024
- Table 91 Sales in Consumer Foodservice through Standalone: Number of Transactions 2019-2024
- Table 92 Sales in Consumer Foodservice through Standalone: Foodservice Value 2019-2024
- Table 93 Consumer Foodservice through Standalone: % Units/Outlets Growth 2019-2024
- Table 94 Sales in Consumer Foodservice through Standalone: % Transaction Growth 2019-2024
- Table 95 Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2019-2024
- Table 96 Consumer Foodservice through Leisure: Units/Outlets 2019-2024
- Table 97 Sales in Consumer Foodservice through Leisure: Number of Transactions 2019-2024
- Table 98 Sales in Consumer Foodservice through Leisure: Foodservice Value 2019-2024
- Table 99 Consumer Foodservice through Leisure: % Units/Outlets Growth 2019-2024
- Table 100 Sales in Consumer Foodservice through Leisure: % Transaction Growth 2019-2024
- Table 101 Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2019-2024
- Table 102 Consumer Foodservice through Retail: Units/Outlets 2019-2024
- Table 103 Sales in Consumer Foodservice through Retail: Number of Transactions 2019-2024
- Table 104 Sales in Consumer Foodservice through Retail: Foodservice Value 2019-2024
- Table 105 Consumer Foodservice through Retail: % Units/Outlets Growth 2019-2024
- Table 106 Sales in Consumer Foodservice through Retail: % Transaction Growth 2019-2024
- Table 107 Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2019-2024
- Table 108 Consumer Foodservice through Lodging: Units/Outlets 2019-2024
- Table 109 Sales in Consumer Foodservice through Lodging: Number of Transactions 2019-2024
- Table 110 Sales in Consumer Foodservice through Lodging: Foodservice Value 2019-2024
- Table 111 Consumer Foodservice through Lodging: % Units/Outlets Growth 2019-2024
- Table 112 Sales in Consumer Foodservice through Lodging: % Transaction Growth 2019-2024
- Table 113 Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2019-2024
- Table 114 Consumer Foodservice through Travel: Units/Outlets 2019-2024
- Table 115 Sales in Consumer Foodservice through Travel: Number of Transactions 2019-2024
- Table 116 Sales in Consumer Foodservice through Travel: Foodservice Value 2019-2024
- Table 117 Consumer Foodservice through Travel: % Units/Outlets Growth 2019-2024
- Table 118 Sales in Consumer Foodservice through Travel: % Transaction Growth 2019-2024
- Table 119 Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2019-2024
- Table 120 Forecast Consumer Foodservice by Location: Units/Outlets 2024-2029
- Table 121 Forecast Sales in Consumer Foodservice by Location: Number of Transactions 2024-2029
- Table 122 Forecast Sales in Consumer Foodservice by Location: Foodservice Value 2024-2029
- Table 123 Forecast Consumer Foodservice by Location: % Units/Outlets Growth 2024-2029
- Table 124 Forecast Sales in Consumer Foodservice by Location: % Transaction Growth 2024-2029
- Table 125 Forecast Sales in Consumer Foodservice by Location: % Foodservice Value Growth 2024-2029
- Table 126 Forecast Consumer Foodservice through Standalone: Units/Outlets 2024-2029
- Table 127 Forecast Sales in Consumer Foodservice through Standalone: Number of Transactions 2024-2029
- Table 128 Forecast Sales in Consumer Foodservice through Standalone: Foodservice Value 2024-2029
- Table 129 Forecast Consumer Foodservice through Standalone: % Units/Outlets Growth 2024-2029
- Table 130 Forecast Sales in Consumer Foodservice through Standalone: % Transaction Growth 2024-2029
- Table 131 Forecast Sales in Consumer Foodservice through Standalone: % Foodservice Value Growth 2024-2029
- Table 132 Forecast Consumer Foodservice through Leisure: Units/Outlets 2024-2029
- Table 133 Forecast Sales in Consumer Foodservice through Leisure: Number of Transactions 2024-2029
- Table 134 Forecast Sales in Consumer Foodservice through Leisure: Foodservice Value 2024-2029
- Table 135 Forecast Consumer Foodservice through Leisure: % Units/Outlets Growth 2024-2029
- Table 136 Forecast Sales in Consumer Foodservice through Leisure: % Transaction Growth 2024-2029
- Table 137 Forecast Sales in Consumer Foodservice through Leisure: % Foodservice Value Growth 2024-2029
- Table 138 Forecast Consumer Foodservice through Retail: Units/Outlets 2024-2029
- Table 139 Forecast Sales in Consumer Foodservice through Retail: Number of Transactions 2024-2029
- Table 140 Forecast Sales in Consumer Foodservice through Retail: Foodservice Value 2024-2029
- Table 141 Forecast Consumer Foodservice through Retail: % Units/Outlets Growth 2024-2029
- Table 142 Forecast Sales in Consumer Foodservice through Retail: % Transaction Growth 2024-2029
- Table 143 Forecast Sales in Consumer Foodservice through Retail: % Foodservice Value Growth 2024-2029
- Table 144 Forecast Consumer Foodservice through Lodging: Units/Outlets 2024-2029
- Table 145 Forecast Sales in Consumer Foodservice through Lodging: Number of Transactions 2024-2029
- Table 146 Forecast Sales in Consumer Foodservice through Lodging: Foodservice Value 2024-2029
- Table 147 Forecast Consumer Foodservice through Lodging: % Units/Outlets Growth 2024-2029
- Table 148 Forecast Sales in Consumer Foodservice through Lodging: % Transaction Growth 2024-2029
- Table 149 Forecast Sales in Consumer Foodservice through Lodging: % Foodservice Value Growth 2024-2029
- Table 150 Forecast Consumer Foodservice through Travel: Units/Outlets 2024-2029
- Table 151 Forecast Sales in Consumer Foodservice through Travel: Number of Transactions 2024-2029
- Table 152 Forecast Sales in Consumer Foodservice through Travel: Foodservice Value 2024-2029
- Table 153 Forecast Consumer Foodservice through Travel: % Units/Outlets Growth 2024-2029
- Table 154 Forecast Sales in Consumer Foodservice through Travel: % Transaction Growth 2024-2029
- Table 155 Forecast Sales in Consumer Foodservice through Travel: % Foodservice Value Growth 2024-2029