South Korea Candy Market (2020-2026) | Trends, Outlook, Analysis, Share, Size, Revenue, Value, Forecast, Growth, Companies, COVID-19 IMPACT & Industry

Market Forecast By Product Type (Chocolate Candy, Non-Chocolate Candy), By Distribution (Supermarkets and Hypermarkets, Convenience Stores, Specalist Retailers, Online Retail, Others) And Competitive Landscape
Product Code: ETC040144 Publication Date: Jan 2021 Updated Date: Jun 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

South Korea Candy Market Competition 2023

South Korea Candy market currently, in 2023, has witnessed an HHI of 1210, Which has decreased slightly as compared to the HHI of 1222 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 South Korea Candy Market Competition 2023

South Korea Export Potential Assessment For Candy Market (Values in USD Thousand)


South Korea Export Potential Assessment For Candy Market (Values in USD Thousand)

South Korea Candy Market Overview

The Candy Market provides a wide range of confectionery products, catering to the demand for sweets and chocolates among consumers of all ages.

Drivers of the market

The South Korean candy market is expanding with changing consumer preferences towards indulgent treats and gourmet confectionery. Innovation in flavors, textures, and packaging drives candy consumption among all age groups, supported by seasonal promotions, gifting traditions, and diverse retail channels.

Challenges of the market

Adapting to changing consumer preferences towards healthier options while managing production costs and regulatory compliance poses challenges.

Government Policy of the market

Government policies in South Korea regarding the candy market address food safety, nutritional labeling, and consumer protection. Regulations govern the manufacturing, packaging, and distribution of candies to ensure compliance with hygiene standards, ingredient specifications, and allergen labeling requirements. Government agencies monitor sugar content, additive usage, and product claims to promote transparency and consumer trust in the candy industry. Policies also support education campaigns, dietary guidelines, and public health initiatives to promote balanced diets, reduce sugar consumption, and enhance regulatory compliance in the candy market.

Key Highlights of the Report:

  • South Korea Candy Market Outlook
  • Market Size of South Korea Candy Market, 2019
  • Forecast of South Korea Candy Market, 2026
  • Historical Data and Forecast of South Korea Candy Revenues & Volume for the Period 2016 - 2026
  • South Korea Candy Market Trend Evolution
  • South Korea Candy Market Drivers and Challenges
  • South Korea Candy Price Trends
  • South Korea Candy Porter's Five Forces
  • South Korea Candy Industry Life Cycle
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Chocolate Candy for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Non-Chocolate Candy for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Distribution for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Convenience Stores for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Specalist Retailers for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Online Retail for the Period 2016 - 2026
  • Historical Data and Forecast of South Korea Candy Market Revenues & Volume By Others for the Period 2016 - 2026
  • South Korea Candy Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution
  • South Korea Candy Top Companies Market Share
  • South Korea Candy Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Candy Company Profiles
  • South Korea Candy Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Korea Candy Market Overview

3.1 South Korea Country Macro Economic Indicators

3.2 South Korea Candy Market Revenues & Volume, 2019 & 2026F

3.3 South Korea Candy Market - Industry Life Cycle

3.4 South Korea Candy Market - Porter's Five Forces

3.5 South Korea Candy Market Revenues & Volume Share, By Product Type, 2019 & 2026F

3.6 South Korea Candy Market Revenues & Volume Share, By Distribution, 2019 & 2026F

4 South Korea Candy Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 South Korea Candy Market Trends

6 South Korea Candy Market, By Types

6.1 South Korea Candy Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 South Korea Candy Market Revenues & Volume, By Product Type, 2016 - 2026F

6.1.3 South Korea Candy Market Revenues & Volume, By Chocolate Candy, 2016 - 2026F

6.1.4 South Korea Candy Market Revenues & Volume, By Non-Chocolate Candy, 2016 - 2026F

6.2 South Korea Candy Market, By Distribution

6.2.1 Overview and Analysis

6.2.2 South Korea Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F

6.2.3 South Korea Candy Market Revenues & Volume, By Convenience Stores, 2016 - 2026F

6.2.4 South Korea Candy Market Revenues & Volume, By Specalist Retailers, 2016 - 2026F

6.2.5 South Korea Candy Market Revenues & Volume, By Online Retail, 2016 - 2026F

6.2.6 South Korea Candy Market Revenues & Volume, By Others, 2016 - 2026F

7 South Korea Candy Market Import-Export Trade Statistics

7.1 South Korea Candy Market Export to Major Countries

7.2 South Korea Candy Market Imports from Major Countries

8 South Korea Candy Market Key Performance Indicators

9 South Korea Candy Market - Opportunity Assessment

9.1 South Korea Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F

9.2 South Korea Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F

10 South Korea Candy Market - Competitive Landscape

10.1 South Korea Candy Market Revenue Share, By Companies, 2019

10.2 South Korea Candy Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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