South Korean Meat Market Expected To Record Better Results: Ken Research
Ken Research has announced its
distribution on, “Consumer and Market Insights: Meat in South Korea” which provides insights on high growth categories to
target, trends in the usage of packaging materials, types and closures category
level distribution data and brands market shares.
It
shows the value and growth analysis for Ambient Meat, Chilled Raw Packaged
Meat-Processed, Chilled Raw Packaged Meat-Whole Cuts, Cooked Meats-Counter,
Cooked Meats-Packaged, Fresh Meat, and Frozen Meat with inputs on individual
sector share within each category and the change in their market share
expectations for 2015-2020.
It
identifies the most important trends within the market and shows whether
beliefs over the reasons responsible for influencing consumer behavior are
accurate and uses a unique method of quantifying the consumer trends in order
to highlight the degree of influence they have on consumption.
It gets easier to
identify high potential areas and investigate future market opportunities based
on complete value and volume analysis and the existing as well as new players
are able to well analyze the key distribution channels for identification and
evaluation of trends and opportunities. An important notability on the changes
expected in the market helps to provide a clear image of the opportunities that
can be tapped over the coming years, resulting in revenue generation and reviews and recommendations on how the market will mould.
It
aids in gaining an in-depth comprehension
of the competitive landscape based on detailed brand share analysis for proper
execution of an effective market positioning. Market share of brands and
private labels, including private label growth analysis from 2012-2015 makes
available the data for leading players in the market and also the top consumer
trends that influence meat products consumption.
Economic Outlook
·
Growing uneasiness for obesity in South Korea has
increased demand for low-fat Meat products, while audacious consumers drive
demand for new Meat variants. A larger share of adults as well as mid-lifers with higher
disposable incomes i.e. increased purchasing power is also creating demand for
the packaged products in the country.
·
The Fresh Meat category has the highest volume share
in the overall Meat market. South Korea's Meat market is headed by Fresh Meat,
the largest category in 2015.
·
Hypermarkets & Supermarkets are the cardinal
distribution channels across all categories in the meat market and are expected
to expand well in the coming years.
·
Rigid Plastics are the commonly used packaging
material in the meat market and expected to retain their significance in the
future.
·
The Frozen Meat is seen as the fastest growing
category during 2015-2020 and if it grows as predicted, it will account for a
major share in the overall development of the meat market.
Key Factors Considered in the Report
Global meat industry research
South Korea meat market research report
South Korea meat industry Trends
South Korea meat market future outlook
South Korea Meat import volume
Meat export volume South Korea
Prepared meat market South Korea
Fresh meat market South Korea
Frozen Meat Industry
South Korea
For more coverage click on the link below:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/consumer-insights-meat-south-korea/78844-11.html
Related links:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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