South Korea Coffee Market 2024


Market Overview

In 2023, the coffee market in South Korea stood at USD 2,543 million. Recording a CAGR of 1.2% from 2024 to 2029, the worth is projected to reach ~USD 2,732 million by 2029, according to the latest market data. There is a noticeable trend towards premium coffee experiences, driven by evolving consumer preferences. This shift is underpinned by a growing appreciation for specialty and gourmet coffee varieties, including single-origin beans, artisanal blends, and unique brewing methods such as pour-over and cold brew. Additionally, health-conscious consumers are seeking coffee products that align with their wellness objectives, leading to increased demand for organic, fair trade, and sustainably sourced options with reduced sugar, fat, or calorie content. Moreover, busy lifestyles are prompting consumers to prioritize convenience, resulting in a preference for single-serve coffee pods and pre-ground coffee.

The report provides a comprehensive overview of the South Korea coffee industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, package type, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the coffee industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the coffee industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The coffee market in South Korea is segmented as below:
Product type: ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean
Package type: flexible aluminum/plastic, glass, stand-up pouches, and others
Distribution channel: bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others

The South Korea coffee market is segmented on the basis of product type, package type, and distribution channel. By product type, the coffee market in South Korea has been segmented into ground coffee, instant coffee (standard instant coffee, coffee mix), and whole bean. Based upon package type, the coffee market in South Korea is categorized into flexible aluminum/plastic, glass, stand-up pouches, and others. On the basis of distribution channel, the coffee market in South Korea has been segmented into bars & HoReCa, convenience stores, e-commerce, forecourt stores, grocery stores, supermarkets and hypermarkets, vending, and others.


Competitive Landscape

The South Korea coffee market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players Dong Suh Foods Corporation, Nestle S.A., JDE Peet’s N.V., Lotte Corporation, Namyang Dairy Products Co. Ltd., Terarosa Coffee Co. Ltd., Daesang Corporation, Korea Mcnulty Co. Ltd.

The report is an indispensable tool for companies and organizations operating in the coffee industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the coffee market.


Why Buy This Report?

Provide statistical data or estimations for the South Korea coffee market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the coffee market in South Korea
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the coffee market in South Korea looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. South Korea Coffee Market – Product Type Analysis
3.1 Ground coffee
3.2 Instant coffee (standard instant coffee, coffee mix)
3.3 Whole bean
4. South Korea Coffee Market – Package Type Analysis
4.1 Flexible aluminum/plastic
4.2 Glass
4.3 Stand-up pouches
4.4 Others
5. South Korea Coffee Market – Distribution Channel Analysis
5.1 Bars & HoReCa
5.2 Convenience stores
5.3 E-commerce
5.4 Forecourt stores
5.5 Grocery stores
5.6 Supermarkets and hypermarkets
5.7 Vending
5.8 Others
6. Company Profiles
6.1 Dong Suh Foods Corporation
6.2 Nestle S.A.
6.3 JDE Peet’s N.V.
6.4 Lotte Corporation
6.5 Namyang Dairy Products Co., Ltd.
6.6 Terarosa Coffee Co., Ltd.
6.7 Daesang Corporation
6.8 Korea Mcnulty Co., Ltd.
DISCLAIMER


Companies Mentioned

Dong Suh Foods Corporation
Nestle S.A.
JDE Peet’s N.V.
Lotte Corporation
Namyang Dairy Products Co., Ltd.
Terarosa Coffee Co., Ltd.
Daesang Corporation
Korea Mcnulty Co., Ltd.


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