Abstract
The report "South Korean Food, Beverages and Tobacco Market Forecast till
2011" by RNCOS is a work of in-depth study and evaluation of the past,
current, and future market trends in the Food, Beverage and Tobacco industry
of South Korea. This report has been made to help clients in analyzing the
opportunities, challenges and drivers critical to the growth of the industry
in the East Asian country.
The report provides detailed overview of the consumption patterns of South
Koreans in various food segments, like consumption of milk, fruits,
vegetables, meat etc; the beverage segment talks about the type of beverages,
their sales and consumption patterns among South Koreans; and the tobacco
segment provides brief description of the tobacco industry in the country.
For the purpose of this report, following conversion rate has been taken: 1
WON = 0.00108368 US$
Key Findings of the Report
- Consumer expenditure by South Koreans on food, beverages and tobacco
reached to US$ 82.7 Billion in 2006 and is forecasted to grow at a CAGR of
approx. 8% during 2007 to 2011.
- In wealthier markets, environmental concerns have added sustainability to
consumer demand for healthy and convenient products.
- Increasing affluence and changing lifestyles have fostered greater
consumption of processed foods and beverages in South Korea.
- Organic food market is forecasted to swell at a CAGR of 22.5% during the
period 2005 to 2010.
- Despite limited trade liberalization, the inability of domestic producers
to meet the burgeoning demand for variety means prospects for processed
product imports are bright over the medium-term.
Key Issues and Facts Analyzed in the Report:
- Market size of the South Korean food, beverage and tobacco industry.
- In-depth analysis of various segments of food and beverages.
- Study of factors that are driving South Korean food, beverage and tobacco
industry.
- Dissemination of key opportunity areas and issues to be addressed.
- Brief profiling of major players (both domestic and foreign) of the
industry.
Key Players Analyzed
This section covers the brief profiling about the major players in the South
Korean Food, Beverage and Tobacco industry, including Nongshim, Lotte
Confectionery Co. Ltd, Jinro Distillers Co. Ltd, Doosan, Lotte Chilsung
Beverage Co. Ltd., Nestle, KT&G, British American Tobacco and Philip Morris
USA Inc.
Research Methodology Used
Information Sources
Information has been sourced from books, newspapers, trade journals, and white
papers, industry portals, government agencies, trade associations, monitoring
industry news and developments, and through access to more than 3000 paid
databases.
Analysis Method
The analysis methods include ratio analysis, historical trend analysis, linear
regression analysis using software tools, judgmental forecasting, and cause
and effect analysis.
Table of Contents
1. Analyst View
2. Asian Food, Beverages & Tobacco Industry - Emerging Markets
3. South Korean Food, Beverages & Tobacco Industry - An Overview
4. Attractants in Food, Beverages & Tobacco Industry
- 4.1 Growing Population
- 4.2 Increasing Public Awareness & Rapidly Ageing Population
- 4.3 Increasing Personal Disposable Income
- 4.4 Changing Tastes & Dining Preferences
5. Industry Performance
- 5.1 By Segment
- 5.1.1 Food
- 5.1.1.1 Meat
- 5.1.1.2 Fruit
- 5.1.1.3 Vegetable
- 5.1.1.4 Fish
- 5.1.1.5 Confectionery
- 5.1.1.6 Milk
- 5.1.2 Beverages
- 5.1.2.1 Coffee
- 5.1.2.2 Tea
- 5.1.2.3 Alcoholic Drinks
- 5.1.2.4 Soft Drinks
- 5.1.3 Tobacco
6. Emerging Growth Areas
- 6.1 Organic Food
- 6.2 Bottled Water Drinks
- 6.3 Processed Food
- 6.4 Food Processing Industry
- 6.5 Private Label Products
7. Roadblocks
- 7.1 Reduction in Fast Food Consumption
- 7.2 Outbreak of Animal Diseases
- 7.3 Food Standards & Regulations
- 7.4 Food Safety & Clean Food
8. Key Players - Brief Profiling
- 8.1 Nongshim
- 8.2 Lotte Confectionery Co. Ltd.
- 8.3 Jinro Distillers Co. Ltd.
- 8.4 Doosan
- 8.5 Lotte Chilsung Beverage Co., Ltd.
- 8.6 Nestle
- 8.7 KT&G
- 8.8 British American Tobacco
- 8.9 Philip Morris USA Inc.
List of Figures:
- Figure 4-1: South Korea - Population (in Million), 2001-2006E
- Figure 4-2: South Korea - Forecast for Population (in Million), 2007-2011
- Figure 4-3: South Korea - Population by Age Group (%), 2001-2006E
- Figure 4-4: South Korea - Forecast for Population by Age Group (%),
2007-2011
- Figure 4-5: South Korea - Per head Personal Disposable Income (in US$),
2001-2006E
- Figure 4-6: South Korea - Forecast for Per head Personal Disposable Income
(in US$), 2007-2011
- Figure 5-1: South Korea - Consumer Expenditure on Food, Beverages &
Tobacco (in Billion US$), 2001-2006E
- Figure 5-2: South Korea - Household Spending on Food, Beverages & Tobacco
(%), 2001-2006E
- Figure 5-3: South Korea - Forecast for Consumer Expenditure on Food,
Beverages & Tobacco (in Billion US$), 2007-2011
- Figure 5-4: South Korea - Forecast for Household Spending on Food,
Beverages & Tobacco (%), 2007-2011
- Figure 5-5: South Korea - Meat Consumption (in Kg per Head), 2001-2006E
- Figure 5-6: South Korea - Forecast for Meat Consumption (in Kg per Head),
2007-2011
- Figure 5-7: South Korea - Fruit Consumption (in Kg per Head), 2001-2006E
- Figure 5-8: South Korea - Forecast for Fruit Consumption (in Kg per Head),
2007-2011
- Figure 5-9: South Korea - Vegetable Consumption (in Kg per Head),
2001-2006E
- Figure 5-10: South Korea - Forecast for Vegetable Consumption (in Kg per
Head), 2007-2011
- Figure 5-11: South Korea - Fish Consumption (in Kg per Head), 2001-2006E
- Figure 5-12: South Korea - Forecast for Fish Consumption (in Kg per Head),
2007-2011
- Figure 5-13: South Korea - Confectionery Sales (in ' 000 Tons), 2001-2006E
- Figure 5-14: South Korea - Forecast for Confectionery Sales (in ' 000
Tons), 2007-2011
- Figure 5-15: South Korea - Milk Consumption (in Liter per Head), 2001-2006E
- Figure 5-16: South Korea - Forecast for Milk Consumption (in Liter per
Head), 2007-2011
- Figure 5-17: South Korea - Coffee Consumption (in Kg per Head), 2001-2006E
- Figure 5-18: South Korea - Forecast for Coffee Consumption (in Kg per
Head), 2007-2011
- Figure 5-19: South Korea - Tea Consumption (in Kg per Head), 2001-2006E
- Figure 5-20: South Korea - Forecast for Tea Consumption (in Kg per Head),
2007-2011
- Figure 5-21: South Korea - Alcoholic Drink Sales (in Million Liter),
2001-2006E
- Figure 5-22: South Korea - Market Share of Whisky by Segment (%), 2006
- Figure 5-23: South Korea - Forecast for Alcoholic Drink Sales (in Million
Liter), 2007-2011
- Figure 5-24: South Korea - Soft Drink Sales (in Million Liter), 2001-2006E
- Figure 5-25: South Korea - Forecast for Soft Drink Sales (in Million
Liter), 2007-2011
- Figure 5-26: South Korea - Cigarette Sales (in Billion Units), 2001-2006E
- Figure 5-27: South Korea - Forecast for Cigarette Sales (in Billion
Units), 2007-2011
- Figure 6-1: South Korea - Organic Food Market (in Billion US$), 2004, 2005
& 2010F
- Figure 6-2: South Korea - Bottled Water Sales (in Million Liter), 2001-2006
- Figure 6-3: South Korea - Forecast for Bottled Water Sales (in Million
Liter), 2007-2011
List of Tables:
- Table 2-1: Asia - Growth in Consumer Expenditure on Food, Beverages &
Tobacco in Top 5 Countries (%), 2004 to 2006
- Table 2-2: Asia - Forecast for Growth in Consumer Expenditure on Food,
Beverages & Tobacco in Top 5 Countries (%), 2007 to 2011
- Table 2-3: Asia - Growth in Volume Sales of Alcoholic Drinks in Top 5
Countries (%), 2004 to 2006
- Table 2-4: Asia - Forecast for Growth in Volume Sales of Alcoholic Drinks
in Top 5 Countries (%), 2007 to 2011
- Table 2-5: Asia - Growth in Volume Sales of Soft Drinks in Top 5 Countries
(%), 2004 to 2006
- Table 2-6: Asia - Forecast for Growth in Volume Sales of Soft Drinks in
Top 5 Countries (%), 2007 to 2011
- Table 2-7: Asia - Growth in Volume Sales of Cigarettes in Top 5 Countries
(%), 2004 to 2006
- Table 2-8: Asia - Forecast for Growth in Volume Sales of Cigarettes in Top
5 Countries (%), 2007 to 2011
- Table 8-1: Nestle - Key Financials (in Million US$), 2004-2006
- Table 8-2: British American Tobacco - Key Financials, 2006
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