You are currently viewing South Korea Frozen Food Market Size, Share, Price, Trends, Outlook, Report and Forecast 2023-2028

South Korea Frozen Food Market Size, Share, Price, Trends, Outlook, Report and Forecast 2023-2028

According to the report by Expert Market Research (EMR), the South Korea Frozen Food Market Size is projected to grow at a CAGR of 6.7% between 2023 and 2028. Aided by the rising demand for convenient meal options and development of goods with longer shelf lives, the market is expected to grow significantly by 2028.

Frozen food, which includes a broad range of products from ready meals, meat and poultry to seafood, fruits, and vegetables, plays an essential role in modern dietary habits. It offers a high level of convenience, long shelf life, and relatively easy preparation methods, making it a popular choice in busy households, particularly in urban areas. Besides convenience, frozen food also ensures the preservation of nutritional values, which enhances its appeal to health-conscious consumers.

The increasing consumer preference for convenient and time-saving meal options is a primary driver of the South Korea frozen food market growth. The rapid pace of life, particularly in metropolitan areas, has led to a significant shift towards frozen food. The rising number of working professionals, the prevalence of nuclear families, and the surge in single-person households have also contributed to the growing popularity of frozen food in South Korea.

The versatility of frozen food and its expanding applications in various culinary contexts is another significant factor in propelling the South Korea frozen food market growth. From traditional Korean dishes to international cuisines, frozen food has been instrumental in enabling consumers to enjoy diverse meals without extensive preparation or cooking time. The rise of home cooking and the increasing interest in gourmet recipes have further fuelled the demand for high-quality frozen food products.

Further, the growing demand for healthier food options has led to an increased focus on frozen food as a viable choice for balanced meals. The development of innovative freezing technologies has enabled the preservation of nutritional content in frozen products. With the rise in health consciousness and the increasing prevalence of dietary-related diseases, frozen food products, especially frozen fruits and vegetables, have emerged as important components in promoting a healthy lifestyle, thus boosting the South Korea frozen food market expansion.

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Moreover, advancements in packaging and the introduction of premium frozen food products are set to enhance market growth. Innovations in packaging technology ensure longer shelf life, maintain product quality and provide better aesthetic appeal. Premium frozen food products, including gourmet meals and organic options, cater to the growing segment of consumers seeking high-quality, nutritious, and tasty food options, aiding the South Korea frozen food market development.

South Korea Frozen Food Market Segmentation

The market can be divided based on type, product, end use, and distribution channel.

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Market Breakup by Type

  • Ready-to-Drink
  • Ready-to-Eat
  • Ready-to-Cook
  • Others

Market Breakup by Product

  • Frozen Meals
  • Frozen Seafood, Meat, and Poultry
  • Frozen Fruits and Vegetables
  • Frozen Potatoes
  • Frozen Soup
  • Dairy Products
  • Others

Market Breakup by End Use

  • Food Service Industry
  • Retail

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea frozen food companies. Some of the major key players explored in the report by Expert Market Research are as follows:

  • CJ CheilJedang Corp.
  • Nongshim Co.,Ltd.
  • Chung’s Food Co.,Ltd
  • SPC GFS CO. LTD
  • Daesang Corporation
  • Taejong FD Co., Ltd.
  • Others

About Us

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

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Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.