Summary
Seasonings, Dressings & Sauces in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Seasonings, dressings & sauces market includes the sales of any additives/mixtures added to the food to enhance the flavor, such as condiment sauces, dressings, wet cooking sauces, herbs, spices & seasonings, chutneys & relishes, tomato pastes and purées, and others. The scope of others includes bouillons & stocks, dips, dry cooking sauces, and broth. The market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The South Korean seasonings, dressings & sauces market recorded revenues of $1,695.8 million in 2024, representing a compound annual growth rate (CAGR) of 0.1% between 2019-24.
- Market consumption volume increased with a CAGR of 1.2% between 2019-24, reaching a total of 404.4 million kilograms in 2024.
- The South Korean seasonings, dressings & sauces market registered slow growth during 2019-24, primarily due to several key constraints. The market is mature and highly saturated, with established domestic players already dominating market share, which lim
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the seasonings, dressings & sauces market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the seasonings, dressings & sauces market in South Korea
- Leading company profiles reveal details of key seasonings, dressings & sauces market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea seasonings, dressings & sauces market with five year forecasts
Reasons to Buy
- What was the size of the South Korea seasonings, dressings & sauces market by value in 2024?
- What will be the size of the South Korea seasonings, dressings & sauces market in 2029?
- What factors are affecting the strength of competition in the South Korea seasonings, dressings & sauces market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's seasonings, dressings & sauces market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the South Korean seasonings, dressings & sauces market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies' market shares have suffered during 2019-24?
7.5. What are the most popular brands in the South Korean seasonings, dressings & sauces market?
8 Company Profiles
8.1. CJ CheilJedang Corp
8.2. Daesang Corp
8.3. Sempio Foods Company
8.4. Otoki Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: South Korea seasonings, dressings & sauces market value: $ million, 2019-24
Table 2: South Korea seasonings, dressings & sauces market volume: million kilograms, 2019-24
Table 3: South Korea seasonings, dressings & sauces market category segmentation: % share, by value, 2019-24
Table 4: South Korea seasonings, dressings & sauces market category segmentation: $ million, 2019-24
Table 5: South Korea seasonings, dressings & sauces market geography segmentation: $ million, 2024
Table 6: South Korea seasonings, dressings & sauces market distribution: % share, by value, 2024
Table 7: South Korea seasonings, dressings & sauces market value forecast: $ million, 2024-29
Table 8: South Korea seasonings, dressings & sauces market volume forecast: million kilograms, 2024-29
Table 9: South Korea seasonings, dressings & sauces market share: % share, by value, 2024
Table 10: CJ CheilJedang Corp: Key Facts
Table 11: CJ CheilJedang Corp: Annual Financial Ratios
Table 12: CJ CheilJedang Corp: Key Employees
Table 13: Daesang Corp: Key Facts
Table 14: Daesang Corp: Annual Financial Ratios
Table 15: Daesang Corp: Key Employees
Table 16: Sempio Foods Company: Key Facts
Table 17: Sempio Foods Company: Annual Financial Ratios
Table 18: Sempio Foods Company: Key Employees
Table 19: Otoki Corp: Key Facts
Table 20: Otoki Corp: Annual Financial Ratios
Table 21: Otoki Corp: Key Employees
Table 22: South Korea Exchange Rate, 2019-24
List of Figures
Figure 1: South Korea seasonings, dressings & sauces market value: $ million, 2019-24
Figure 2: South Korea seasonings, dressings & sauces market volume: million kilograms, 2019-24
Figure 3: South Korea seasonings, dressings & sauces market category segmentation: $ million, 2019-24
Figure 4: South Korea seasonings, dressings & sauces market geography segmentation: % share, by value, 2024
Figure 5: South Korea seasonings, dressings & sauces market distribution: % share, by value, 2024
Figure 6: South Korea seasonings, dressings & sauces market value forecast: $ million, 2024-29
Figure 7: South Korea seasonings, dressings & sauces market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the seasonings, dressings & sauces market in South Korea, 2024
Figure 9: Drivers of buyer power in the seasonings, dressings & sauces market in South Korea, 2024
Figure 10: Drivers of supplier power in the seasonings, dressings & sauces market in South Korea, 2024
Figure 11: Factors influencing the likelihood of new entrants in the seasonings, dressings & sauces market in South Korea, 2024
Figure 12: Factors influencing the threat of substitutes in the seasonings, dressings & sauces market in South Korea, 2024
Figure 13: Drivers of degree of rivalry in the seasonings, dressings & sauces market in South Korea, 2024
Figure 14: South Korea seasonings, dressings & sauces market share: % share, by value, 2024
