Sweet spreads in South Korea is expected to see slow and stable growth rates in both retail volume and current value terms in the forecast period. As consumers increasingly adopt Westernised eating habits, there is a noticeable trend of replacing rice, which is traditionally the staple food in the country, with bread and sweet spreads as a simple meal alternative.
Household appliances such as air fryers and mini ovens have witnessed explosive growth in homes. These appliances have made cooking more convenient, with consumers able to transform items such as frozen pastry dough and dough sheets into an array of baked goods at home.
Sweet spreads ultimately serve as complementary ingredients, typically paired with other foods. Similarly, sauces – which companies are currently focusing on expanding – have a comparable role.
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Understand the latest market trends and future growth opportunities for the Sweet Spreads industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Spreads industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Excludes: Any products sold unpackaged or in bulk; margarine, butter substitutes, vegetable-oil based, yeast-based, and meat/seafood-based spreads.
See All of Our DefinitionsThis report originates from Passport, our Sweet Spreads research and analysis database.
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