According to the International Trade Centre (ITC), South Korea’s import of non-alcoholic beverages increased by 56.9% from 2019 to 2023. In 2023, the imports of non-alcoholic beverages accounted for USD 94.4 million, which was only USD 60.2 million in 2019. The imports declined in 2020 due to logistics issues arising due to the COVID-19 pandemic shutdowns. However, the market witnessed recovery in 2021. Further, the rising popularity of Korean culture, especially food and beverages from various K-dramas is aiding the growth of the South Korea ready to drink beverages market.
The popularity of ready-to-drink (RTD) beverages can be attributed to busy and sedentary lifestyles. These RTD options provide convenient and hydrating alternatives for on-the-go consumption. Additionally, heightened consumer demand for organic beverages and low-sugar beverages further amplifies the market's growth trajectory.
In December 2022, Nuzee, a coffee packaging and private label provider, introduced its new Coldpresso range of ready-to-drink coffee and tea products in South Korea through online retailer Market Kurly. The company plans on expanding its product offerings to Korean consumers and tapping into the country's fondness for iced beverages, particularly among the younger demographic. In addition, in November 2023, Lotte Chilsung Beverage Co. launched a new ready-to-drink highball, blending Chum Churum soju with Pine Eye extract, with a 6-degree alcohol content in a 500-milliliter canned format, aiming to tap into evolving beverage trends.

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Market Breakup by Type, Packaging, and Distribution Channels:
- The market is segmented based on type into fruit and vegetable juices, sports drinks and energy drinks, dairy-based beverages, tea and coffee, and flavoured and fortified water, among others.
- By packaging, the market is divided into bottle, tetra packs, sachet, and tin can, among others.
- Based on distribution channels, the market can be divided into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
Key Findings of the Report:
- South Korean RTD beverage manufacturers are launching products to meet the evolving consumer tastes, particularly targeting the younger demographic, and are leveraging online retail platforms to drive sales.
- The market is expected to benefit from the surge in demand for non-alcoholic beverages in South Korea. The import of non-alcoholic beverages grew by 56.9% from 2019 to 2023, reaching USD 94.4 million in 2023.
- The demand for ready-to-drink beverages in South Korea is aided by significant demand for convenient and hydrating options for busy lifestyles, with a growing preference for organic and low-sugar choices.
- New product launches are shaping the dynamics of the South Korean RTD beverages market, exemplified by Nuzee's Coldpresso range and Lotte Chilsung Beverage Co.'s Chum Churum X Pine Eye highball, capitalizing on consumer trends and preferences.
Key Offerings of the Report:
- The EMR report gives an overview of the South Korea ready to drink beverages market for the periods (2018-2023) and (2024-2032).
- The report also offers historical (2018-2023) and forecast (2024-2032) market information for the type, packaging, and distribution channel of ready to drink beverages.
- 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 ready to drink beverages market are Lotte Chilsung Beverage Co., Ltd., Maeil Co.Ltd, Dongsuh Companies, Inc., OKF Co., Hitejinro Co., Ltd, and Yein T&G Inc., 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:
- Type
- Packaging
- Distribution Channels
|
Breakup by Type |
- Fruit and Vegetable Juices
- Sports Drinks and Energy Drinks
- Dairy Based Beverages
- Tea and Coffee
- Flavoured and Fortified Water
- Others
|
Breakup by Packaging |
- Bottle
- Tetra Pack
- Sachet
- Tin Can
- Others
|
Breakup by Distribution Channels |
- Supermarkets/Hypermarkets
- Convenience Stores
- Speciality 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
- Major Importing Countries
|
Competitive Landscape |
- Market Structure
- Company Profiles
- Company Overview
- Product Portfolio
- Demographic Reach and Achievements
- Certifications
|
Companies Covered |
- Lotte Chilsung Beverage Co., Ltd.
- Maeil Co.Ltd
- Dongsuh Companies, Inc.
- OKF Co.
- Hitejinro Co.,Ltd
- Yein T&G Inc.
- Others
|
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