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Cheese in South Korea

Cheese in South Korea

Whilst recording a marginal decline, retail volume sales of cheese remain higher than pre-pandemic levels in 2022 despite an easing of restrictions and the gradual return to foodservice, a channel that dominates demand for cheese in South Korea. On a category level, processed cheese excluding spreadable is set to record another year of retail volume declines in 2022, indicating an ongoing shift in South Korea’s cheese consumption towards natural options including hard and soft cheese.

Euromonitor International's Cheese in South Korea report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.

Product coverage: Hard Cheese, Processed Cheese excl Spreadable, Soft Cheese, Spreadable Cheese.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Cheese market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
Cheese in South Korea
January 2023

List Of Contents And Tables

CHEESE IN SOUTH KOREA
KEY DATA FINDINGS
2022 DEVELOPMENTS
Local milk pricing system impacts cheese production
Cream cheese is expanding to both retail and foodservice channels
Popularity of imported natural cheese is reshaping offline distribution
PROSPECTS AND OPPORTUNITIES
Expanding consumption occasions needed to maintain cheese sales
A new driving force is required to boost sales of hard cheese in the long term
Imported cheese may threaten domestic brands
CATEGORY DATA
Table 1 Sales of Cheese by Category: Volume 2017-2022
Table 2 Sales of Cheese by Category: Value 2017-2022
Table 3 Sales of Cheese by Category: % Volume Growth 2017-2022
Table 4 Sales of Cheese by Category: % Value Growth 2017-2022
Table 5 Sales of Spreadable Processed Cheese by Type: % Value 2017-2022
Table 6 Sales of Soft Cheese by Type: % Value 2017-2022
Table 7 Sales of Hard Cheese by Type: % Value 2017-2022
Table 8 NBO Company Shares of Cheese: % Value 2018-2022
Table 9 LBN Brand Shares of Cheese: % Value 2019-2022
Table 10 Distribution of Cheese by Format: % Value 2017-2022
Table 11 Forecast Sales of Cheese by Category: Volume 2022-2027
Table 12 Forecast Sales of Cheese by Category: Value 2022-2027
Table 13 Forecast Sales of Cheese by Category: % Volume Growth 2022-2027
Table 14 Forecast Sales of Cheese by Category: % Value Growth 2022-2027
CHART 1 Dairy Products and Alternatives Value Sales Growth Scenarios: 2020-2027
CHART 2 Dairy Products and Alternatives Impact of Drivers on Value Sales: 2020-2027
DAIRY PRODUCTS AND ALTERNATIVES IN SOUTH KOREA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2022: The big picture
Key trends in 2022
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 15 Sales of Dairy Products and Alternatives by Category: Value 2017-2022
Table 16 Sales of Dairy Products and Alternatives by Category: % Value Growth 2017-2022
Table 17 NBO Company Shares of Dairy Products and Alternatives: % Value 2018-2022
Table 18 LBN Brand Shares of Dairy Products and Alternatives: % Value 2019-2022
Table 19 Penetration of Private Label by Category: % Value 2017-2022
Table 20 Distribution of Dairy Products and Alternatives by Format: % Value 2017-2022
Table 21 Forecast Sales of Dairy Products and Alternatives by Category: Value 2022-2027
Table 22 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
Summary 1 Research Sources

Report Title: Cheese in South Korea


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