Projected incremental growth in the South Korea coffee market is set at USD 0.2 billion, reflecting a compound annual growth rate (CAGR) of nearly 0.8% over the forecast period from 2024 to 2029. South Korea’s coffee market is booming, driven by a strong café culture and a youthful population’s affinity for specialty coffee. The market is characterized by innovative beverage offerings and unique flavor combinations, while the rise of home brewing and premium coffee products reflects changing consumer habits.
This report provides a thorough assessment of the South Korea coffee industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the coffee industry.
Market Segmentation
The South Korea coffee market is categorized into the following segments:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), whole bean
Packaging type: flexible packaging, folding cartons, glass, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, others
The South Korea coffee market is categorized by product type, packaging type and distribution channel. In terms of product type, the market is segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. Packaging type segmentation includes flexible packaging, folding cartons, glass, and others. Distribution channel segments encompass convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, grocery stores, bars & HoReCa, e-commerce, and others.
Competitive Landscape
The competitive landscape of the coffee market has been analyzed, with a focus on key players such as Terarosa Coffee Co. Ltd., Nestle S.A., Namyang Dairy Products Co. Ltd., Lotte Corporation, Korea Mcnulty Co. Ltd., JDE Peet’s N.V., Dong Suh Foods Corporation and Daesang Corporation. This comprehensive report analyzes the performance of leading companies in the coffee sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea coffee market.
Gain in-depth analysis and forecasts for the key segments of the South Korea coffee market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea coffee market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
South Korea Coffee Market – Product Type Analysis
South Korea Coffee Market – Packaging Type Analysis
South Korea Coffee Market – Distribution Channel Analysis
Key Players and Market Share
– Terarosa Coffee Co., Ltd.
– Nestle S.A.
– Namyang Dairy Products Co., Ltd.
– Lotte Corporation
– Korea Mcnulty Co., Ltd.
– JDE Peet’s N.V.
– Dong Suh Foods Corporation
– Daesang Corporation
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea Coffee Market 2019-2029
Chart South Korea Coffee Market, Net Growth, 2019-2029
Chart South Korea Coffee Market, Growth Rates, 2019-2029
Table South Korea Coffee Market by Product Type, 2019-2029
Chart South Korea Coffee Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Coffee Market by Product Type, 2019-2029
Table South Korea Coffee Market by Packaging Type, 2019-2029
Chart South Korea Coffee Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea Coffee Market by Packaging Type, 2019-2029
Table South Korea Coffee Market by Distribution Channel, 2019-2029
Chart South Korea Coffee Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea Coffee Market by Distribution Channel, 2019-2029
Table South Korea Coffee Market Share (%), by Companies, 2019-2023
Chart South Korea Coffee Market, by Companies, 2023
Table South Korea Coffee Market Share (%), by Brands, 2019-2023
Chart South Korea Coffee Market, by Brands, 2023
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Coffee Market: Spend as a Proportion of GDP (%)
Table South Korea Coffee Market: Consumption per Capita (Population)
Companies Mentioned
Terarosa Coffee Co., Ltd.
Nestle S.A.
Namyang Dairy Products Co., Ltd.
Lotte Corporation
Korea Mcnulty Co., Ltd.
JDE Peet’s N.V.
Dong Suh Foods Corporation
Daesang Corporation