Sweet biscuits, snack bars and fruit snacks in South Korea is set to maintain retail current value growth throughout the forecast period. Snack bars is anticipated to continue to see the strongest increase.
Players in sweet biscuits, snack bars and fruit snacks are under pressure from the rising prices of raw materials such as cocoa and grains, exacerbated by high exchange rates that have increased the cost of imported ingredients. Despite these pressures, manufacturers are being urged by the government to refrain from raising prices to protect consumers.
Sales via retail e-commerce are becoming increasingly significant, capturing a substantial share of distribution, likely even more than manufacturers estimate. As consumers continue to shift towards online shopping for convenience and variety, the importance of a strong digital presence cannot be overstated.
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Understand the latest market trends and future growth opportunities for the Sweet Biscuits, Snack Bars and Fruit Snacks 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 Biscuits, Snack Bars and Fruit Snacks 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.
Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of sweet biscuits, snack bars, and fruit snacks.
See All of Our DefinitionsThis report originates from Passport, our Sweet Biscuits, Snack Bars and Fruit Snacks research and analysis database.
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