South Korea Ready Meals Market Outlook | Companies, Growth, Analysis, Trends, COVID-19 IMPACT, Industry, Forecast, Value, Revenue, Size & Share

Market Forecast By Application (Restaurants, Hotels, Corporate, Household, Others), By Distribution Channel (Online Stores, Offline Stores) And Competitive Landscape
Product Code: ETC428179 Publication Date: Oct 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

South Korea Ready Meals Market Size Growth Rate


The South Korea Ready Meals Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 4.96% in 2025 and reaches 5.89% by 2029.

South Korea Ready Meals Market Growth Rate

South Korea Ready Meals Market Overview

The ready meals market in South Korea has seen significant growth due to the busy lifestyles of consumers and increasing demand for convenient food options. This market includes a variety of pre-packaged meals that require minimal preparation.

Drivers of the market

The South Korea Ready Meals Market is primarily driven by changing lifestyles and busy schedules. With an increasing number of people opting for convenience, ready meals offer a quick and easy solution for meal preparation. Additionally, the growing urban population, rising disposable incomes, and the influence of Western food culture contribute to the expansion of this market.

Challenges of the market

The South Korean ready meals market has seen significant growth in recent years, driven by changing consumer lifestyles and an increasing preference for convenient food options. However, one of the main challenges facing this market is the need to maintain product quality and freshness while ensuring a reasonable shelf life. With consumers becoming more health-conscious, there is also a growing demand for ready meals that are nutritious and low in additives, presenting a challenge for manufacturers to innovate and meet these changing preferences.

Government Policy of the market

The South Korean government has been implementing policies to ensure food safety standards in the ready meals market. Stringent regulations regarding labeling, packaging, and ingredients are enforced to safeguard consumer health. Additionally, the government encourages innovation and research in the ready meals sector to promote the development of healthier and more diverse options.

Key Highlights of the Report:

  • South Korea Ready Meals Market Outlook
  • Market Size of South Korea Ready Meals Market, 2021
  • Forecast of South Korea Ready Meals Market, 2028
  • Historical Data and Forecast of South Korea Ready Meals Revenues & Volume for the Period 2018 - 2028
  • South Korea Ready Meals Market Trend Evolution
  • South Korea Ready Meals Market Drivers and Challenges
  • South Korea Ready Meals Price Trends
  • South Korea Ready Meals Porter's Five Forces
  • South Korea Ready Meals Industry Life Cycle
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Application for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Restaurants for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Hotels for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Corporate for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Household for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Others for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Distribution Channel for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Online Stores for the Period 2018 - 2028
  • Historical Data and Forecast of South Korea Ready Meals Market Revenues & Volume By Offline Stores for the Period 2018 - 2028
  • South Korea Ready Meals Import Export Trade Statistics
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • South Korea Ready Meals Top Companies Market Share
  • South Korea Ready Meals Competitive Benchmarking By Technical and Operational Parameters
  • South Korea Ready Meals Company Profiles
  • South Korea Ready Meals Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the South Korea Ready Meals Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the South Korea Ready Meals Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 South Korea Ready Meals Market Overview

3.1 South Korea Country Macro Economic Indicators

3.2 South Korea Ready Meals Market Revenues & Volume, 2021 & 2028F

3.3 South Korea Ready Meals Market - Industry Life Cycle

3.4 South Korea Ready Meals Market - Porter's Five Forces

3.5 South Korea Ready Meals Market Revenues & Volume Share, By Application, 2021 & 2028F

3.6 South Korea Ready Meals Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F

4 South Korea Ready Meals Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing urbanization and hectic lifestyles leading to a growing demand for convenient food options.

4.2.2 Rising disposable incomes and changing consumer preferences towards convenience and time-saving solutions.

4.2.3 Influence of Western eating habits and a shift towards more on-the-go food choices.

4.3 Market Restraints

4.3.1 Concerns regarding the quality and healthiness of ready meals, leading to a preference for fresh and natural foods.

4.3.2 Competition from traditional home-cooked meals and local food vendors impacting the market penetration of ready meals.

4.3.3 Price sensitivity among certain consumer segments due to the perception that ready meals are expensive compared to cooking at home.

5 South Korea Ready Meals Market Trends

6 South Korea Ready Meals Market, By Types

6.1 South Korea Ready Meals Market, By Application

6.1.1 Overview and Analysis

6.1.2 South Korea Ready Meals Market Revenues & Volume, By Application, 2018 - 2028F

6.1.3 South Korea Ready Meals Market Revenues & Volume, By Restaurants, 2018 - 2028F

6.1.4 South Korea Ready Meals Market Revenues & Volume, By Hotels, 2018 - 2028F

6.1.5 South Korea Ready Meals Market Revenues & Volume, By Corporate, 2018 - 2028F

6.1.6 South Korea Ready Meals Market Revenues & Volume, By Household, 2018 - 2028F

6.1.7 South Korea Ready Meals Market Revenues & Volume, By Others, 2018 - 2028F

6.2 South Korea Ready Meals Market, By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 South Korea Ready Meals Market Revenues & Volume, By Online Stores, 2018 - 2028F

6.2.3 South Korea Ready Meals Market Revenues & Volume, By Offline Stores, 2018 - 2028F

7 South Korea Ready Meals Market Import-Export Trade Statistics

7.1 South Korea Ready Meals Market Export to Major Countries

7.2 South Korea Ready Meals Market Imports from Major Countries

8 South Korea Ready Meals Market Key Performance Indicators

8.1 Percentage growth in the consumption of ready meals compared to overall food consumption.

8.2 Number of new product launches and innovations in the ready meals segment.

8.3 Customer satisfaction levels and repeat purchase rates for various ready meal brands.

8.4 Average time spent on cooking at home versus consumption of ready meals.

8.5 Adoption rate of online ordering and delivery services for ready meals.

9 South Korea Ready Meals Market - Opportunity Assessment

9.1 South Korea Ready Meals Market Opportunity Assessment, By Application, 2021 & 2028F

9.2 South Korea Ready Meals Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F

10 South Korea Ready Meals Market - Competitive Landscape

10.1 South Korea Ready Meals Market Revenue Share, By Companies, 2021

10.2 South Korea Ready Meals Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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