Summary
Seasonings, Dressings & Sauces in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The seasonings, dressings & sauces market includes the sale of any additives/mixtures added to the food to enhance the flavor such as, wet cooking sauces, dressings, condiment sauces, dips, herbs, spices & seasonings and chutneys & relishes. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2021 exchange rates.
- The South Korean seasonings, dressings & sauces market had total revenues of $1,802.5m in 2021, representing a compound annual growth rate (CAGR) of 2.8% between 2016 and 2021.
- Market consumption volume increased with a CAGR of 1% between 2016 and 2021, to reach a total of 388.5 million kilograms in 2021.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.4% for the five-year period 2021 - 2026, which is expected to drive the market to a value of $2,027.7m by the end of 2026.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the seasonings, dressings & sauces market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the seasonings, dressings & sauces market in South Korea
- Leading company profiles reveal details of key seasonings, dressings & sauces market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea seasonings, dressings & sauces market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South Korea seasonings, dressings & sauces market by value in 2021?
- What will be the size of the South Korea seasonings, dressings & sauces market in 2026?
- What factors are affecting the strength of competition in the South Korea seasonings, dressings & sauces market?
- How has the market performed over the last five years?
- Who are the top competitors in South Korea's seasonings, dressings & sauces market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean seasonings, dressings & sauces market?
7.3. Which companies have been most successful in increasing their market share between 2016 and 2021?
7.4. Which companies market share suffered between 2016 and 2021?
7.5. What are the most popular brands in the seasonings, dressings & sauces market?
8 Company Profiles
8.1. Daesang Corporation
8.2. Sempio Foods Company
8.3. Ottogi Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea seasonings, dressings & sauces market value: $ million, 2016–21
Table 2: South Korea seasonings, dressings & sauces market volume: million kilogram, 2016–21
Table 3: South Korea seasonings, dressings & sauces market category segmentation: % share, by value, 2016–2021
Table 4: South Korea seasonings, dressings & sauces market category segmentation: $ million, 2016-2021
Table 5: South Korea seasonings, dressings & sauces market geography segmentation: $ million, 2021
Table 6: South Korea seasonings, dressings & sauces market distribution: % share, by value, 2021
Table 7: South Korea seasonings, dressings & sauces market value forecast: $ million, 2021–26
Table 8: South Korea seasonings, dressings & sauces market volume forecast: million kilogram, 2021–26
Table 9: South Korea seasonings, dressings & sauces market share: % share, by value, 2021
Table 10: Daesang Corporation: key facts
Table 11: Daesang Corporation: Annual Financial Ratios
Table 12: Daesang Corporation: Key Employees
Table 13: Daesang Corporation: Key Employees Continued
Table 14: Daesang Corporation: Key Employees Continued
Table 15: Sempio Foods Company: key facts
Table 16: Sempio Foods Company: Annual Financial Ratios
Table 17: Sempio Foods Company: Key Employees
Table 18: Ottogi Corp: key facts
Table 19: Ottogi Corp: Annual Financial Ratios
Table 20: Ottogi Corp: Key Employees
Table 21: South Korea size of population (million), 2017–21
Table 22: South Korea gdp (constant 2005 prices, $ billion), 2017–21
Table 23: South Korea gdp (current prices, $ billion), 2017–21
Table 24: South Korea inflation, 2017–21
Table 25: South Korea consumer price index (absolute), 2017–21
Table 26: South Korea exchange rate, 2017–21
List of Figures
Figure 1: South Korea seasonings, dressings & sauces market value: $ million, 2016–21
Figure 2: South Korea seasonings, dressings & sauces market volume: million kilogram, 2016–21
Figure 3: South Korea seasonings, dressings & sauces market category segmentation: $ million, 2016-2021
Figure 4: South Korea seasonings, dressings & sauces market geography segmentation: % share, by value, 2021
Figure 5: South Korea seasonings, dressings & sauces market distribution: % share, by value, 2021
Figure 6: South Korea seasonings, dressings & sauces market value forecast: $ million, 2021–26
Figure 7: South Korea seasonings, dressings & sauces market volume forecast: million kilogram, 2021–26
Figure 8: Forces driving competition in the seasonings, dressings & sauces market in South Korea, 2021
Figure 9: Drivers of buyer power in the seasonings, dressings & sauces market in South Korea, 2021
Figure 10: Drivers of supplier power in the seasonings, dressings & sauces market in South Korea, 2021
Figure 11: Factors influencing the likelihood of new entrants in the seasonings, dressings & sauces market in South Korea, 2021
Figure 12: Factors influencing the threat of substitutes in the seasonings, dressings & sauces market in South Korea, 2021
Figure 13: Drivers of degree of rivalry in the seasonings, dressings & sauces market in South Korea, 2021
Figure 14: South Korea seasonings, dressings & sauces market share: % share, by value, 2021