Market Report, "Fast Food in South Korea", published

From: Fast Market Research, Inc.
Published: Mon Oct 05 2015

Fast food is growing to be more important in South Korea’s consumer foodservice, supported by a growing number of outlets, a variety of choices, satisfying quality and convenient delivery service. There are very few parts of provinces that lack fast food outlets, and as fast food becomes part of daily life, more consumers are feel a greater sense of intimacy when dining in a fast food environment compared to dining in a full-service restaurant; many prefer the experience of eating in such outlets to eating at home. Enhanced food quality and thoughtful product development of fast food companies are bringing consumers closer to fast food than ever.

Competitive Landscape

Amongst the top five brands in fast food, CU saw highest value sales growth with 38% followed by GS25 with 37%. Both are convenience stores fast food brands. Due to high market growth in convenience stores fast food, manufacturers are launching new products and holding promotions to attract consumers.

Full Report Details at

Industry Prospects

Convenience stores fast food is expected to see high growth over the forecast period, supporting the healthy growth in the fast food market overall. Value sales at convenience stores fast food outlets are expected to rise at a CAGR of 8% at constant 2014 prices between 2014 and 2019.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Fast Food industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Fast Food industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Fast Food in South Korea market research report includes:

* Analysis of key supply-side and demand trends
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Fast Food in South Korea?
* What are the major brands in South Korea?
* Which type of fast food (burger fast food, chicken fast food, Asian fast food etc.) is expecting the greatest level of growth over the next five years?
* Do Fast Casual restaurants have a presence in South Korea?
* What are fast food chains doing to attract consumers during non-traditional day-parts?

Reasons to Get this Report

* Gain competitive intelligence about market leaders

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Fast Food in South Africa
- Consumer Foodservice in South Korea
- Consumer Foodservice in South Africa
- Fast Food & Takeaways in South Korea (2015) - Market Sizes
- Food and Beverage Processing Machine Market in South Korea to 2019 - Market Size, Development, and Forecasts

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Contact Name: Bill Thompson
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