According to the latest estimates, the vegan ice cream market in South Korea, in terms of revenue, is anticipated to progress at a CAGR of 6.3% during the forecast period, 2024-2029. The rise in popularity of vegan ice cream can be attributed to increased consumer awareness around veganism, health benefits, and sustainability. Leading brands have expanded their portfolios to include vegan options, reflecting a broader shift towards plant-based alternatives in the food industry.
The report offers a comprehensive evaluation of the South Korea vegan ice cream market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as distribution channel. This comprehensive evaluation aids in identifying the growth potential within the vegan ice cream industry.
Market Segmentation
The vegan ice cream market in South Korea is classified into the following segments:
Distribution channel: convenience stores, supermarkets and hypermarkets, warehouse clubs, specialty stores, small grocery stores, e-commerce, others
The South Korea vegan ice cream market is segmented on the basis of distribution channel. By distribution channel, the vegan ice cream market in South Korea has been segmented into convenience stores, supermarkets and hypermarkets, warehouse clubs, specialty stores, small grocery stores, e-commerce, and others.
Competitive Landscape
The competitive landscape of the market is highly consolidated and dominated by key players such as Lotte Corporation.
The report presents a detailed analysis of the South Korea vegan ice cream market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.
Why Buy This Report?
Obtain precise statistical data and forecasts for the South Korea vegan ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea vegan ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea vegan ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSouth Korea vegan ice cream market – distribution channel analysis
Key players and market share
– Lotte Corporation
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table South Korea vegan ice cream market 2019-2029
Chart South Korea vegan ice cream market, net growth, 2019-2029
Chart South Korea vegan ice cream market, growth rates, 2019-2029
Table South Korea vegan ice cream market by distribution channel, 2019-2029
Chart South Korea vegan ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart South Korea vegan ice cream market by distribution channel, 2019-2029
Table South Korea vegan ice cream market share (%), by companies, 2019-2023
Chart South Korea vegan ice cream market, by companies, 2023
Table South Korea vegan ice cream market share (%), by brands, 2019-2023
Chart South Korea vegan ice cream 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 vegan ice cream market: spend as a proportion of GDP (%)
Table South Korea vegan ice cream market: consumption per capita (population)