Market Report, "South Korea Food & Drink Report Q2 2016", published

From: Fast Market Research, Inc.
Published: Tue Apr 26 2016

As a well-developed market in the region, we hold a positive outlook on South Korea's food and drink industry over our forecast period to 2020. Changing consumer dynamics will drive growth for premiumisation across the market, as female consumers increasingly become a big part of the consumer base. The drinks industry will benefit heavily from the adaption to Western culture , with the entry of craft beer and growing investment in coffee shops.

Key Trends & Industry Developments

A declining birth rate and an ageing population will offer limited long-term growth opportunities in an already relatively mature market.

Rising disposable incomes and the growing entry of women in the workforce will drive a shift in consumer preferences and dynamics in South Korea's drinks industry.

Full Report Details at

The growth in convenience retail store formats will gain momentum over our forecast period as consumers' lifestyles grow increasingly busier and the number of single-adult households increases.

The South Korea Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI'sSouth Korea Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in South Korea.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for South Korea to test other views - a key input for successful budgeting and strategic business planning in the Korean food and drink market.
Target business opportunities and risks in South Korea through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.


BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the food, drink and mass grocery retail sectors and within the broader political, economic and business environment.

BMI’s Food and Drink Risk Reward Index

About Fast Market Research

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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