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South Korea Meat Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 38 Pages
  • September 2023
  • Region: South Korea
  • MarketLine
  • ID: 5786235
Description Jump to:
Meat in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The meat market consists of the retail sales of ambient meat, chilled raw packaged meat - processed, chilled raw packaged meat - whole cuts, cooked meats - counter, cooked meats - packaged, fresh meat (counter) and frozen meat. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 exchange rates.
  • The South Korean Meat market had total revenues of $15,653.0 million in 2022, representing a compound annual growth rate (CAGR) of 3.4% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 1.9% between 2017 and 2022, to reach a total of 1,860.9 million kilograms in 2022.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.9% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $18,052.6 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 meat market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the meat market in South Korea
  • Leading company profiles reveal details of key meat market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea meat market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea meat market by value in 2022?
  • What will be the size of the South Korea meat market in 2027?
  • What factors are affecting the strength of competition in the South Korea meat market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's meat market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean meat market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the South Korean meat market?
8 Company Profiles
8.1. Harim Holdings Co Ltd
8.2. CJ CheilJedang Corp
8.3. Lotte Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About the Publisher
List of Tables
Table 1: South Korea meat market value: $ million, 2017-22
Table 2: South Korea meat market volume: million kilogram, 2017-22
Table 3: South Korea meat market category segmentation: % share, by value, 2017-2022
Table 4: South Korea meat market category segmentation: $ million, 2017-2022
Table 5: South Korea meat market geography segmentation: $ million, 2022
Table 6: South Korea meat market distribution: % share, by value, 2022
Table 7: South Korea meat market value forecast: $ million, 2022-27
Table 8: South Korea meat market volume forecast: million kilogram, 2022-27
Table 9: South Korea meat market share: % share, by value, 2022
Table 10: Harim Holdings Co Ltd: key facts
Table 11: Harim Holdings Co Ltd: Annual Financial Ratios
Table 12: Harim Holdings Co Ltd: Key Employees
Table 13: Agricultural Corporation Donmaru Co Ltd: key facts
Table 14: CJ CheilJedang Corp: key facts
Table 15: CJ CheilJedang Corp: Annual Financial Ratios
Table 16: CJ CheilJedang Corp: Key Employees
Table 17: Lotte Co Ltd: key facts
Table 18: Lotte Co Ltd: Key Employees
Table 19: South Korea size of population (million), 2018-22
Table 20: South Korea gdp (constant 2005 prices, $ billion), 2018-22
Table 21: South Korea gdp (current prices, $ billion), 2018-22
Table 22: South Korea inflation, 2018-22
Table 23: South Korea consumer price index (absolute), 2018-22
Table 24: South Korea exchange rate, 2018-22
List of Figures
Figure 1: South Korea meat market value: $ million, 2017-22
Figure 2: South Korea meat market volume: million kilogram, 2017-22
Figure 3: South Korea meat market category segmentation: $ million, 2017-2022
Figure 4: South Korea meat market geography segmentation: % share, by value, 2022
Figure 5: South Korea meat market distribution: % share, by value, 2022
Figure 6: South Korea meat market value forecast: $ million, 2022-27
Figure 7: South Korea meat market volume forecast: million kilogram, 2022-27
Figure 8: Forces driving competition in the meat market in South Korea, 2022
Figure 9: Drivers of buyer power in the meat market in South Korea, 2022
Figure 10: Drivers of supplier power in the meat market in South Korea, 2022
Figure 11: Factors influencing the likelihood of new entrants in the meat market in South Korea, 2022
Figure 12: Factors influencing the threat of substitutes in the meat market in South Korea, 2022
Figure 13: Drivers of degree of rivalry in the meat market in South Korea, 2022
Figure 14: South Korea meat market share: % share, by value, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Harim Holdings Co Ltd
  • CJ CheilJedang Corp
  • Lotte Co Ltd

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