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Report
South Korea Coffee Market Report and Forecast 2024-2032
Market Report I 2023-12-14 I 147 Pages I EMR Inc.
South Korea Coffee Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the South Korea coffee market is expected to grow at a CAGR of about 9.7% in the forecast period of 2024-2032. Aided by the rapidly evolving coffee culture and the burgeoning cafe industry in the country, the market is expected to grow significantly by 2032.
Coffee, an energising drink made from roasted coffee beans, has been a cornerstone of many global cultures. In South Korea, it has transcended mere consumption, shaping the urban lifestyle, social interactions, and even the business environment. From traditional coffee houses to modern third-wave cafes, South Korea has embraced the entire spectrum of the coffee experience. Furthermore, the nation's youth have found coffee to be an integral part of their daily routine, leading to a surge in demand for premium and artisanal coffee varieties.
Several factors influence the trajectory of the South Korea coffee market growth. First, the country's cafe culture has seen a remarkable transformation. Cafes are no longer just places to grab a quick coffee; they are venues for social interaction, work, study, and even art and music. This cultural shift has not only led to an increase in the number of cafes but also to the diversification in the types of coffee products offered, from cold brews to artisanal blends.
Additionally, the health and wellness trend in South Korea has placed a spotlight on coffee's potential health benefits. Recent studies suggesting that moderate coffee consumption might have protective effects against certain diseases have further propelled its popularity among health-conscious consumers.
Another significant driver of the surge in South Korea coffee market demand is its thriving tourism industry. Tourists, fascinated by the unique coffee culture and the sheer variety of cafes, often prioritise coffee-tasting sessions during their visits. This influx of international tastes and preferences has also led to innovation in coffee products and flavours, introducing global trends like nitro coffee and siphon brewing to the South Korean palate.
The technological advancements in South Korea have also influenced the South Korea coffee market outlook. From convenient coffee vending machines in public spaces to home coffee machines offering barista-like brews, technology has made quality coffee accessible to everyone. Furthermore, the rise of e-commerce platforms and coffee subscription boxes ensures that premium coffee beans and grounds are just a click away for consumers.
Market Segmentation
The market can be divided based on type, product, end use, and distribution channels.
Market Breakup by Type
- Robusta
- Arabica
- Others
Market Breakup by Product
- Whole-Bean
- Ground Coffee
- Instant Coffee
- Coffee Pods and Capsules
Market Breakup by End Use
- HoReCa
- Retail
Market Breakup by Distribution Channels
- Supermarkets/Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the South Korea coffee market. Some of the major players explored in the report by Expert Market Research are as follows:
- Dong Suh Companies Inc.
- Namyang Dairy Products Co., Ltd
- LOTTE-Nestle Korea Co., Ltd
- Starbucks Corporation
- Ediya Co., Ltd.
- LUIGI LAVAZZA SPA
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Industry Opportunities and Challenges
8 South Korea Coffee Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Coffee Market Historical Market (2018-2023)
8.3 South Korea Coffee Market Forecast (2024-2032)
8.4 South Korea Coffee Market by Type
8.4.1 Robusta
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Arabica
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 South Korea Coffee Market by Product
8.5.1 Whole-Bean
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Ground Coffee
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Instant Coffee
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Coffee Pods and Capsules
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.6 South Korea Coffee Market by End Use
8.6.1 HoReCa
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Retail
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.7 South Korea Coffee Market by Distribution Channels
8.7.1 Supermarkets/Hypermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Convenience Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Speciality Stores
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Online
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter's Five Forces Analysis
9.2.1 Supplier's Power
9.2.2 Buyer's Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Trade Data Analysis (HS Code - 0901)
11.1 Major Exporting Countries
11.1.1 By Value
11.1.2 By Volume
11.2 Major Importing Countries
11.2.1 By Value
11.2.2 By Volume
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Dong Suh Companies Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Namyang Dairy Products Co., Ltd
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 LOTTE-Nestle Korea Co., Ltd
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Starbucks Corporation
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Ediya Co., Ltd.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 LUIGI LAVAZZA SPA
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Industry Events and Developments
List of Key Figures and Tables
1. South Korea Coffee Market: Key Industry Highlights, 2018 and 2032
2. South Korea Coffee Historical Market: Breakup by Type (USD Million), 2018-2023
3. South Korea Coffee Market Forecast: Breakup by Type (USD Million), 2024-2032
4. South Korea Coffee Historical Market: Breakup by Product (USD Million), 2018-2023
5. South Korea Coffee Market Forecast: Breakup by Product (USD Million), 2024-2032
6. South Korea Coffee Historical Market: Breakup by End Use (USD Million), 2018-2023
7. South Korea Coffee Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. South Korea Coffee Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
9. South Korea Coffee Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
10. Major Exporting Countries by Value
11. Major Importing Countries by Value
12. Major Exporting Countries by Volume
13. Major Importing Countries by Volume
14. South Korea Coffee Market Structure
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