Anticipated growth in the South Korea RTD coffee market stands at USD 0.1 billion, with an expected compound annual growth rate (CAGR) of approximately 1.1% during the period spanning 2024 to 2029. South Korea’s RTD coffee market is booming, driven by a growing coffee culture and a high demand for convenience. Korean consumers, particularly younger demographics, are increasingly opting for premium iced coffee and canned coffee drinks, with a focus on innovative flavors and health-conscious formulations. The rise of functional RTD coffee drinks, enriched with vitamins, antioxidants, and other health benefits, is also contributing to the market’s growth.
The report delivers an in-depth analysis of the South Korea RTD coffee industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like type and distribution channel. By offering this detailed analysis, the report assists in uncovering the untapped potential of the RTD coffee market.
Market Segmentation
The following outlines the segmentation of the South Korea RTD coffee market:
Type: regular, low/no sugar
Distribution channel: convenience stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, vending, e-commerce, foodservice channels, others
The South Korea market for RTD coffee is divided based on type and distribution channel. In terms of type, the market is segmented into regular, and low/no sugar. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, warehouse clubs, grocery stores, vending, e-commerce, foodservice channels, and others.
Competitive Landscape
The market features leading players such as Yakult Honsha Co. Ltd., The Coca-Cola Company, Starbucks Corporation, Namyang Dairy Products Co. Ltd., Maeil Dairies Co. Ltd., Lotte Corporation, JDE Peet’s N.V., Dong Suh Co. Ltd. and Binggrae Co. Ltd.
This report delivers an in-depth examination of leading companies in the RTD coffee sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea RTD coffee market.
Gain in-depth analysis and forecasts for the key segments of the South Korea RTD coffee market: 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 RTD coffee market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea RTD 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 RTD Coffee Market – Type Analysis
South Korea RTD Coffee Market – Distribution Channel Analysis
Key Players and Market Share
– Yakult Honsha Co., Ltd.
– The Coca-Cola Company
– Starbucks Corporation
– Namyang Dairy Products Co., Ltd.
– Maeil Dairies Co., Ltd.
– Lotte Corporation
– JDE Peet’s N.V.
– Dong Suh Co., Ltd.
– Binggrae Co., Ltd.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Korea RTD Coffee Market 2019-2029
Chart South Korea RTD Coffee Market, Net Growth, 2019-2029
Chart South Korea RTD Coffee Market, Growth Rates, 2019-2029
Table South Korea RTD Coffee Market by Type, 2019-2029
Chart South Korea RTD Coffee Market by Type, CAGR Historic and Forecast, 2019-2029
Chart South Korea RTD Coffee Market by Type, 2019-2029
Table South Korea RTD Coffee Market by Distribution Channel, 2019-2029
Chart South Korea RTD Coffee Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Korea RTD Coffee Market by Distribution Channel, 2019-2029
Table South Korea RTD Coffee Market Share (%), by Companies, 2019-2023
Chart South Korea RTD Coffee Market, by Companies, 2023
Table South Korea RTD Coffee Market Share (%), by Brands, 2019-2023
Chart South Korea RTD 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 RTD Coffee Market: Spend as a Proportion of GDP (%)
Table South Korea RTD Coffee Market: Consumption per Capita (Population)
Companies Mentioned
Yakult Honsha Co., Ltd.
The Coca-Cola Company
Starbucks Corporation
Namyang Dairy Products Co., Ltd.
Maeil Dairies Co., Ltd.
Lotte Corporation
JDE Peet’s N.V.
Dong Suh Co., Ltd.
Binggrae Co., Ltd.