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

Name: South Korea Candy Market (2020 - 2026) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Candy Market, South Korea Candy Market, South Korea Candy Market Revenues, South Korea Candy Market Share, South Korea Candy Market Size, South Korea Candy Market Outlook, South Korea Candy Market Report, South Korea Candy Market Competition, South Korea Candy Market Overview, South Korea Candy Market Trends, South Korea Candy Market Forecast

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: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	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 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

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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

4.2.1 Increasing disposable income of consumers in South Korea, leading to higher spending on confectionery products.

4.2.2 Growing trend of gifting candies on various occasions in South Korean culture.

4.2.3 Rising demand for premium and innovative candy products among younger demographics.

4.3 Market Restraints

4.3.1 Health concerns related to consumption of sugary products, leading to a shift towards healthier snacks.

4.3.2 Competition from other snack categories like nuts, fruits, and health bars.

4.3.3 Fluctuations in raw material prices impacting production costs and pricing of candies.

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

8.1 Consumer engagement metrics on social media platforms for candy brands.

8.2 Number of new product launches and innovation rate within the South Korean candy market.

8.3 Growth rate of online sales for candies in South Korea.

8.4 Consumer satisfaction and loyalty scores for leading candy brands in the market.

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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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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