South Korea Seasonings, Dressings and Sauces Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026

This country profile report on the Seasonings, Dressings & Sauces sector in South Korea provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The South Korean seasonings, dressings & sauces sector was led by tomato pastes and purées category in both value and volume terms. However, the dressings category is forecast to register fastest value growth while, tomato pastes and purées category is also forecast register fastest volume growth during 2020-2025. Hypermarkets & supermarkets is the leading channel for distribution of seasonings, dressings & sauces products in the country. Glass was the most commonly used pack material in the Italian seasonings, dressings & sauces sector. Mutti S.p.A., Barilla Holding S.p.A. and Conserve Italia are the leading players in the Italian seasonings, dressings & sauces sector.

What else is contained?

• Sector data: Overall sector value and volume data with growth analysis for 2016-2026
• Category coverage: Value and growth analysis for bouillons & stocks, chutneys & relishes, condiment sauces, dips, dressings, dry cooking sauces, herbs, spices & seasonings, tomato pastes and purées and wet cooking sauces with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026
• Leading players: Market share of companies (in value terms) and private labels (in value terms) in 2021
• Distribution data: Percentage of sales within each category through distribution channels such as cash & carries & warehouse clubs, convenience stores, department stores, food & drinks specialists, hypermarkets & supermarkets, e-retailers, “dollar stores”, variety stores & general merchandise retailers, vending machines, drug stores & pharmacies, health & beauty stores and other general retailers.
• Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Pack material data for glass, flexible packaging, rigid plastics, paper & board and rigid metal; pack type for: jar, bag/sachet, tub, stand up pouch, carton - folding, can, carton - liquid, pillow pouch, bottle, cup, aerosol, tube, tray, film, wrapper, clamshell, box, foil and other pack type, closure type for: flip/snap top, screw top, prize off, twist off, plastic tie, foil, sports cap, film, cap, lever closure, crown and other closure types, primary outer types for: carton - folding, bag, sleeve and shrink wrap.

Scope

• The per capita consumption and expenditure of seasonings, dressings & sauces in South Korea was higher than both the global and reginal levels in 2021
• South Korean consumers purchasing pattern remains unchanged in the seasonings, dressings & sauces sector
• The per capita consumption of condiment sauces was higher in South Korea than other seasonings, dressings & sauces categories in 2021
• Private labels are growing at a higher CAGR than brands in the South Korean seasonings, dressings & sauces
• Condiment sauces, was the most consumed category across leading cities in South Korea in 2021

Reasons to Buy

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• The team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.