Product Code: ETC411139 | Publication Date: Oct 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Mandarin market currently, in 2023, has witnessed an HHI of 9761, Which has decreased slightly as compared to the HHI of 9892 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korean mandarin market is expanding due to increasing consumer awareness of its health benefits and nutritional value. Mandarins are widely consumed as fresh fruit and in processed forms such as juices and jams. The market is characterized by imports from major mandarin-producing countries and domestic cultivation.
The mandarin market in South Korea is influenced by changing dietary preferences and a growing awareness of the health benefits associated with citrus fruits. Mandarins are popular for their sweet flavor and high vitamin C content, driving their consumption as a healthy snack and ingredient in various culinary applications.
The market for mandarins in South Korea faces challenges related to seasonal fluctuations in supply and demand, particularly during peak harvesting seasons. Variability in weather conditions and agricultural practices impact fruit quality and availability, influencing market prices and consumer preferences. Moreover, competition from other citrus fruits and imported varieties poses a challenge to local mandarin growers and distributors. Additionally, changing consumer preferences towards healthier snack options and organic produce present opportunities and challenges for market growth.
Policies promote sustainable agriculture practices, export development, and quality control in the citrus fruit industry, including mandarins. The government provides support for farmers through subsidies, research funding, and trade agreements to enhance market competitiveness.