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 | |
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.
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.
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.
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.
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.
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 |