Press Release

South Korea Cold Pressed Juice Market to Grow at a CAGR of 3.1% During 2024-2032, Aided by the Growing Health Consciousness and Increasing Preference for Ready-To-Drink Beverages

South Korea Cold Pressed Juice Market

According to a new report by EMR titled, ‘The South Korea Cold Pressed Juice Market Report and Forecast 2024-2032’, the market is expected to grow at a CAGR of about 3.1% in the forecast period of 2024-2032. The growing consumer awareness regarding the health benefits of consuming cold-pressed juices is aiding the market growth.

Cold-pressed juices, being low in calories and rich in nutrients, are favoured for their health benefits like blood pressure regulation, weight management, and disease prevention. The South Korea cold pressed juice market is driven by heightened consumer awareness of the health benefits of freshly squeezed, unprocessed fruit and vegetable juices. The demand for healthier products has surged, with consumers adopting immune-boosting foods and beverages. The beverage industry is responding to this demand by expanding their range of functional drinks with added nutrients, catering to health-conscious customers. The rising inclination towards natural and organic products further fuels the demand for cold-pressed juices.

 

The increasing focus on reducing weight and managing obesity is aiding the market. Increasing obesity rates in South Korea are encouraging people to focus on diet and adopt healthier eating habits  According to the Korean Society for the Study of Obesity, around 40% of the population is affected by obesity. Increased consumer demand for healthy products, coupled with concerns over sugar consumption, boosts the market growth.

 

Additionally, the popularity of ready-to-drink (RTD) juices, fueled by busy lifestyles, propels the growth of the cold pressed juice market in South Korea. RTD options offer convenient, nutritious alternatives for on-the-go consumption, addressing the trend of quick and easy breakfast. Effective packaging, including glass and paper-based options, appeals to environmentally conscious consumers. Supermarkets, hypermarkets, and online channels drive product accessibility and sales, offering varied options and health-related information.

 

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Market Breakup by Category, Product Type, and Distribution Channels:

  • The market is segmented based on category into organic and conventional.
  • By product type, the market is classified into fruits, vegetables, and blends. 
  • Based on distribution channels, the market can be divided into supermarkets and hypermarkets, convenience stores, online stores, and others.

 

Key Findings of the Report:

  • The growing heath consciousness is driving the growth of the South Korean cold pressed juice market, with a rise in demand for immune-boosting food and beverage products. 
  • The country is observing a rise in obesity rates, with around 40% of the population affected. This trend prompts a focus on dietary solutions and weight management strategies, including the consumption of cold-pressed juices for their health benefits.
  • The popularity of ready-to-drink (RTD) juices is fueled by busy lifestyles, which favours the demand for cold pressed drinks. RTD options offer convenient, on-the-go consumption alternatives to people with busy schedules.
  • Effective packaging, including environmentally friendly options like glass and paper-based materials, appeals to environmentally conscious consumers. Supermarkets, hypermarkets, and online channels drive accessibility and sales, offering diverse product options and health-related information through proper labelling.

 

Key Offerings of the Report:

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

 

The major players in the South Korea cold pressed juice market are Integrity Group Co., Ltd (Mercy Juice), Next Kitchen Co., Ltd. (Colin’s Green), Organica Co.Ltd, and Suja Life, LLC, 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

REPORT FEATURES DETAILS
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:

  • Category
  • Product Type
  • Distribution Channels
Breakup by Category
  • Organic
  • Conventional
Breakup by Product Type
  • Fruits
  • Vegetables
  • Blends
Breakup by Distribution Channels
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Stores
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Integrity Group Co., Ltd (Mercy Juice)
  • Next Kitchen Co., Ltd. (Colin’s Green)
  • Organica Co.Ltd
  • Suja Life, LLC
  • Others

 

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