South Korea Foodservice Market Summary, Competitive Analysis and Forecast to 2028

Foodservice in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– Foodservice is defined as the total value of all food and drink, including on-trade drinks consumed without food, which is intended for immediate consumption either on the premises, in designated eating areas shared with other foodservice operators, or as takeaway transactions involving freshly prepared food for immediate consumption.

– The South Korean foodservice industry recorded revenues of $111.4 billion in 2023, representing a compound annual growth rate (CAGR) of -1.2% between 2018 and 2023.

– Industry consumption volumes declined with a negative CAGR of 0.1% between 2018 and 2023, to reach a total of 18.7 billion transactions in 2023.

– South Korea held a 6.9% share of the Asia-Pacific foodservice industry value in 2023.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the foodservice market in South Korea

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the foodservice market in South Korea

– Leading company profiles reveal details of key foodservice market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the South Korea foodservice market with five year forecasts

Reasons to buy

- What was the size of the South Korea foodservice market by value in 2023?

- What will be the size of the South Korea foodservice market in 2028?

- What factors are affecting the strength of competition in the South Korea foodservice market?

- How has the market performed over the last five years?

- What are the main segments that make up South Korea's foodservice market?

Companies mentioned

Starbucks Corporation

Domino's Pizza, Inc.

McDonald's Corp

DSEN Inc

Table of Contents

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 rivalry

1.8. 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

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. Who are the leading players?

7.2. What are the strengths and strategies of the players?

7.3. What are the most recent market developments?

8 Company Profiles

8.1. Starbucks Corporation

8.2. Domino's Pizza, Inc.

8.3. McDonald's Corp

8.4. DSEN Inc

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

List of Tables

Table 1: South Korea foodservice industry value: $ million, 2018–23

Table 2: South Korea foodservice industry volume: million transactions, 2018–23

Table 3: South Korea foodservice industry category segmentation: % share, by value, 2018–2023

Table 4: South Korea foodservice industry category segmentation: $ million, 2018-2023

Table 5: South Korea foodservice industry geography segmentation: $ million, 2023

Table 6: South Korea foodservice industry value forecast: $ million, 2023–28

Table 7: South Korea foodservice industry volume forecast: million transactions, 2023–28

Table 8: Starbucks Corporation: key facts

Table 9: Starbucks Corporation: Annual Financial Ratios

Table 10: Starbucks Corporation: Key Employees

Table 11: Starbucks Corporation: Key Employees Continued

Table 12: Starbucks Corporation: Key Employees Continued

Table 13: Domino's Pizza, Inc.: key facts

Table 14: Domino's Pizza, Inc.: Annual Financial Ratios

Table 15: Domino's Pizza, Inc.: Key Employees

Table 16: Domino's Pizza, Inc.: Key Employees Continued

Table 17: McDonald's Corp: key facts

Table 18: McDonald's Corp: Annual Financial Ratios

Table 19: McDonald's Corp: Key Employees

Table 20: McDonald's Corp: Key Employees Continued

Table 21: DSEN Inc: key facts

Table 22: DSEN Inc: Annual Financial Ratios

Table 23: DSEN Inc: Key Employees

Table 24: South Korea exchange rate, 2018–23

List of Figures

List of Figures

Figure 1: South Korea foodservice industry value: $ million, 2018–23

Figure 2: South Korea foodservice industry volume: million transactions, 2018–23

Figure 3: South Korea foodservice industry category segmentation: $ million, 2018-2023

Figure 4: South Korea foodservice industry geography segmentation: % share, by value, 2023

Figure 5: South Korea foodservice industry value forecast: $ million, 2023–28

Figure 6: South Korea foodservice industry volume forecast: million transactions, 2023–28

Figure 7: Forces driving competition in the foodservice industry in South Korea, 2023

Figure 8: Drivers of buyer power in the foodservice industry in South Korea, 2023

Figure 9: Drivers of supplier power in the foodservice industry in South Korea, 2023

Figure 10: Factors influencing the likelihood of new entrants in the foodservice industry in South Korea, 2023

Figure 11: Factors influencing the threat of substitutes in the foodservice industry in South Korea, 2023

Figure 12: Drivers of degree of rivalry in the foodservice industry in South Korea, 2023

    Pricing

Quick Buy
Add to basket Enquire before buying

Discounts available for multiple purchases.

reportstore@marketline.com
+44 20 7947 2960

Saved reports