Press Release

South Korea Breakfast Cereal Market to Grow at a CAGR of 6.1% During 2024-2032, Aided by a Rising Consumer Preference for Convenient Breakfast Options

South Korea Breakfast Cereal Market

According to a new report by EMR titled, ‘South Korea Breakfast Cereal Market Report and Forecast 2024-2032’, the market is estimated to grow at a CAGR of 6.1% between 2024 and 2032. The market is being aided by a rising consumer preference for convenient breakfast options.

The South Korea breakfast cereal market expansion is being fuelled by a confluence of consumer trends.  This includes a growing preference for nutritious breakfasts that are high in fibre and protein. Additionally, there is a rising demand for exotic options that cater to adventurous palates.  Furthermore, the market is responding to a surge in consumer interest in speciality cereals that align with specific dietary needs and health concerns. This includes options that are gluten-free, keto-friendly, and organic. Ultimately, the market growth is driven by a growing emphasis on health and wellness among South Korean consumers.


Consumers are increasingly prioritising high-fibre and protein foods in their diets, particularly at breakfast, to support overall health and immunity. This trend presents a significant opportunity for breakfast cereals that cater to these nutritional needs. The widespread adoption of packaged breakfast cereals reflects the increasingly busy lifestyles of consumers. The convenience and perceived nutritional value of these products are driving their popularity.


Further, consumers' disposable incomes are increasing, allowing for greater spending on food items. E-commerce platforms such as Amazon (NASDAQ: AMZN) offer convenient access to a wide variety of cereals, further driving sales. Additionally, there is a growing trend of adoption of Western culinary practices, which often feature breakfast cereals. Finally, the rise of a busy working population creates demand for quick and nutritious breakfast solutions, perfectly aligning with the convenience offered by breakfast cereals.


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Market Breakup by Product and Distribution Channel:

  • On the basis of the product, the market is bifurcated into hot cereal and ready to eat.
  • The market can be segmented based on distributional channels into supermarkets and hypermarkets, convenience stores, online, and others.


Key Findings of the Report:

  • In South Korea, the demand for convenient breakfast cereals made from whole grains is significantly increasing due to their health benefits.
  • Driven by a growing focus on health and wellness among consumers, the South Korea breakfast cereal market growth is rising. This trend can be attributed to a heightened awareness of the nutritional benefits associated with cereal, making it an increasingly attractive option for health-conscious individuals and families.
  • The market is driven by a strong consumer desire for convenience and nutritional value. This includes options that are high in fibre and protein, catering to health-conscious consumers.


Key Offerings of the Report:

  • The EMR report gives an overview of the South Korea breakfast cereal market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for products and distribution channels of breakfast cereal in South Korea.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, trade data analysis, along with providing an assessment of the SWOT and Porter’s Five Forces models.


The major players in the South Korea breakfast cereal market are Kellogg Company, Post Consumer Brands, LLC, Lotte Confectionery Co. Ltd., Orion Corp., and Pulmuone Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.


Key Highlights of the Report

Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
Breakup by Product
  • Hot Cereal
  • Ready to Eat
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Kellogg Company
  • Post Consumer Brands, LLC
  • Lotte Confectionery Co. Ltd.
  • Orion Corp.
  • Pulmuone Co., Ltd.
  • Others


About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.


EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.


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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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