South Korea Confectionery Market 2025

Expected to experience modest expansion, the South Korea confectionery market size is forecasted to increase from USD 2,085.8 million in 2024 to USD 2,433.1 million by 2030, achieving a CAGR of 2.6% over the evaluation period. South Korea’s confectionery market is driven by rising consumer demand for premium and innovative products, as well as the increasing influence of Western culture on local tastes. Health-conscious consumers are seeking low-sugar and functional confectionery options, while the rapid growth of online retail channels is enhancing product availability.

This report provides a comprehensive analysis of the South Korea confectionery market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including product type, packaging type and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.

Market Segmentation

The segmentation of the South Korea confectionery market is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, others

The South Korea market for confectionery is divided based on product type, packaging type and distribution channel. By product type, the market features chocolate, gums, and sugar confectionery. Packaging type categories include flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments cover convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

The confectionery market is largely dominated by key players such as Tsang Lin Industries Corp., Trolli GmbH, The Hershey Company, Perfetti Van Melle Group, Orion Group, Nestle S.A., Mondelez International Inc., Mars Incorporated, Lotte Corporation, Haribo GmbH & Company KG, Ferrero International S.A., Crown Confectionery Co. Ltd., CJ Corporation and Chocoladefabriken Lindt & Sprungli AG.

This report presents an extensive analysis of major entities in the confectionery market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Korea confectionery market.
Gain in-depth analysis and forecasts for the key segments of the South Korea confectionery 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 confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea confectionery 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
Market Segmentation
Market Overview
South Korea Confectionery Market – Product Type Analysis
South Korea Confectionery Market – Packaging Type Analysis
South Korea Confectionery Market – Distribution Channel Analysis
Company Shares Analysis
Tsang Lin Industries Corp.
Trolli GmbH
The Hershey Company
Perfetti Van Melle Group
Orion Group
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Lotte Corporation
…
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table South Korea Confectionery Market 2020-2030
Chart South Korea Confectionery Market, Net Growth, 2020-2030
Chart South Korea Confectionery Market, Growth Rates, 2020-2030
Table South Korea Confectionery Market by Product Type, 2020-2030
Chart South Korea Confectionery Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Confectionery Market by Product Type, 2020-2030
Table South Korea Confectionery Market by Packaging Type, 2020-2030
Chart South Korea Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Confectionery Market by Packaging Type, 2020-2030
Table South Korea Confectionery Market by Distribution Channel, 2020-2030
Chart South Korea Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Confectionery Market by Distribution Channel, 2020-2030
Table South Korea Confectionery Market Share (%), by Companies, 2020-2024
Chart South Korea Confectionery Market, by Companies, 2024
Table South Korea Confectionery Market Share (%), by Brands, 2020-2024
Chart South Korea Confectionery Market, by Brands, 2024
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 Confectionery Market: Spend as a Proportion of GDP (%)
Table South Korea Confectionery Market: Consumption per Capita (Population)

Companies Mentioned

Tsang Lin Industries Corp.
Trolli GmbH
The Hershey Company
Perfetti Van Melle Group
Orion Group
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Lotte Corporation
Haribo GmbH & Company KG
Ferrero International S.A.
Crown Confectionery Co., Ltd.
CJ Corporation
Chocoladefabriken Lindt & Sprungli AG