South Korea Fruits and Vegetables Market Growth, Size, Trends, Share, Revenue and Future Outlook: SPER Market Research

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Published: Jul 2024	Report ID: FOOD2481	Pages: 1 - 103	Formats^*:
Category : Food & Beverages

South Korea Fruits and Vegetables Market Introduction and Overview

According to SPER Market Research, the South Korea Fruits and Vegetables Market is estimated to reach USD 23.99 billion by 2033 with a CAGR of 7.61%.

The report includes an in-depth analysis of the South Korea Fruits and Vegetables Market, including market size and trends, product mix, applications, and supplier analysis. A healthy diet must include fruits and vegetables since they are a great source of important nutrients like fiber, vitamins, minerals, and antioxidants. These dietary items improve general health by reducing the risk of chronic conditions like diabetes, cancer, and heart disease. These categories contain a wide range of foods, from citrus fruits and berries to leafy greens and root vegetables. Not only are they essential for preserving physical health, but they are also deeply ingrained in global culinary customs. Fruits and vegetables can be eaten in a variety of ways, such as fresh, frozen, canned, or dried, and each has its own distinct flavor and nutritional advantages.

January 2023; A new program to boost domestic production of organic fruits and vegetables was unveiled by the Ministry of Agriculture, Food, and Rural Affairs with the goal of promoting sustainable farming techniques and lowering reliance on imports. This program supports research into organic agricultural practices and provides subsidies to organic producers.

February 2024; In response to the growing demand for unusual and off-season goods, South Korea and Australia struck a trade deal that will facilitate the import of Australian fruits and vegetables. It is anticipated that this agreement will maintain price stability and guarantee a consistent annual supply of superior fruits and vegetables.

South Korea Fruits and Vegetables Market

Market Opportunities and Challenges

Opportunities- The market for fruits and vegetables raises consumer demand for a wider variety of nutrient-dense foods. The market is expanding because there are more people to feed and a greater need for a range of fruits and vegetables to meet nutritional requirements. In order to sustainably feed the expanding population, this demographic trend promotes agricultural innovation, technological adoption, and increased production. As a result, the market for fruits and vegetables becomes crucial to global food security and nutrition. The year-round need for a variety of fruits and vegetables is met by enhanced transportation infrastructure, effective cold chain systems, and creative packaging solutions that allow fresh produce to be available for longer periods of time. These factors also minimize waste.

Challenges- Crop yields can be impacted by erratic weather patterns, high temperatures, and unfavorable climatic circumstances, which could result in uneven availability and possible quality problems. In order to maintain stable supply and demand dynamics, producers and consumers must contend with this variability. Regulatory limitations, such as strict guidelines for quality assurance, the use of pesticides, and international trade agreements, may provide difficulties for the South Korean market for fruits and vegetables. The growth and competitiveness of the sector might be impacted by producers' limited market access and the additional expenditures needed to comply with varying rules across different countries.

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Market Competitive Landscape

The South Korea Fruits and Vegetables Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Chung Jung Won Co., Ltd., CJ Freshway Corporation, Daesang FNF Co., Ltd., Hanwha Fresh Co., Ltd., Joy Farm Co., Ltd., Korea Yakult Co., Ltd., Lotte Fresh Farm Co., Ltd., NongHyup Agribusiness Group, Oriental Trading Co., Ltd., Sempio Foods Company, Others.

Scope of the Report:

Report Metric	Details
Market size available for years	2020-2033
Base year considered	2023
Forecast period	2024-2033
Segments covered	By Product, By Distribution Channel, By Application
Regions covered	Northern Region, Southern Region, Western Region, Eastern Region, Central Region
Companies Covered	Chung Jung Won Co., Ltd., CJ Freshway Corporation, Daesang FNF Co., Ltd., Hanwha Fresh Co., Ltd., Joy Farm Co., Ltd., Korea Yakult Co., Ltd., Lotte Fresh Farm Co., Ltd., NongHyup Agribusiness Group, Oriental Trading Co., Ltd., Sempio Foods Company, Others.

COVID-19 Impact on South Korea Fruits and Vegetables Market

The market for fruits and vegetables in South Korea was significantly impacted by the COVID-19 outbreak. Global supply chain disruptions caused shortages and price increases for imported food. Lockdowns and a lack of labor made distribution difficult for domestic producers. Nonetheless, the pandemic furthermore expedited the expansion of internet-based grocery buying, augmenting revenue for regional producers via direct-to-consumer methods. Some negative consequences were lessened by government attempts to promote local agriculture and guarantee food security, which encouraged market resilience and adaptability.

Key Target Audience:

Farmers and Agricultural Producers
Agribusinesses and Agricultural Cooperatives
Government Agencies and Regulatory Bodies
Research Institutions and Academia
Distributors and Retailers
Environmental and Sustainability Groups

Our in-depth analysis of the South Korea Fruits and Vegetables Market includes the following segments:

By Product:	Fresh Fruits and Vegetables Frozen Fruits and Vegetables Dried Fruits and Vegetables
By Distribution Channel:	Grocery Stores Supermarket/Hypermarkets Online Others
By Application:	Raw Eating Juices Salads Preserves and Jams

Key Topics Covered in the Report:

South Korea Fruits and Vegetables Market Size (FY’2024-FY’2033)
Overview of South Korea Fruits and Vegetables Market
Segmentation of South Korea Fruits and Vegetables Market by Product (Fresh Fruits and Vegetables, Frozen Fruits and Vegetables, Dried Fruits and Vegetables)
Segmentation of South Korea Fruits and Vegetables Market by Distribution Channel (Grocery Stores, Supermarket/Hypermarket, Online, Others)
Segmentation of South Korea Fruits and Vegetables Market by Application (Raw Eating, Juices, Salads, Preserves and Jams, Others)
Statistical Snap of South Korea Fruits and Vegetables Market
Expansion Analysis of South Korea Fruits and Vegetables Market
Problems and Obstacles in South Korea Fruits and Vegetables Market
Competitive Landscape in the South Korea Fruits and Vegetables Market
Impact of COVID-19 and Demonetization on South Korea Fruits and Vegetables Market
Details on Current Investment in South Korea Fruits and Vegetables Market
Competitive Analysis of South Korea Fruits and Vegetables Market
Prominent Players in the South Korea Fruits and Vegetables Market
SWOT Analysis of South Korea Fruits and Vegetables Market
South Korea Fruits and Vegetables Market Future Outlook and Projections (FY’2024-FY’2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the South Korea Fruits and Vegetables Market.

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. South Korea Fruits and Vegetables Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Fruits and Vegetables Market

7. South Korea Fruits and Vegetables Market, By Product(USD Million) 2020-2033

7.1. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Product, 2020-2026
7.2. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Product, 2027-2033
7.3. Fresh Fruits and Vegetables
7.4. Frozen Fruits and Vegetables
7.5. Dried Fruits and Vegetables

8. Fruits and Vegetables Market, By Distribution Channel (USD Million) 2020-2033

8.1. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Distribution Channel, 2020-2026
8.2. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Distribution Channel, 2027-2033
8.3. Grocery Stores
8.4. Supermarket/Hypermarkets
8.5. Online
8.6. Others

9. South Korea Fruits and Vegetables Market, By Application(USD Million) 2020-2033

9.1. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Application, 2020-2026
9.2. South Korea Fruits and Vegetables Market Size, Share and Forecast, By Application, 2027-2033
9.3. Raw Eating
9.4. Juices
9.5. Salads
9.6. Preserves and Jams
9.7. Others

10. South Korea Fruits and Vegetables Market Forecast, 2020-2033 (USD Million)

10.1. South Korea Fruits and Vegetables Market Size and Market Share

11. South Korea Fruits and Vegetables Market, By Region, 2020-2033 (USD Million)

11.1. South Korea Fruits and Vegetables Market Size and Market Share By Region (2020-2026)
11.2. South Korea Fruits and Vegetables Market Size and Market Share By Region (2027-2033)
11.3. Northern Region
11.4. Southern Region
11.5. Western Region
11.6. Eastern Region
11.7. Southern Region

12. Company Profile

12.1. CHUNG JUNG WON CO
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. CJ FRESHWAY CORPORATION
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. DAESANG FNF CO.
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. HANWHA FRESH CO.
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. JOY FARM CO
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. KOREA YAKULT CO.
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. LOTTE FRESH FARM
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. NONGHYUP AGRIBUSINESS GROUP
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. SEMPIO FOODS COMPANY
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Others

13. Conclusion

14. List of Abbreviations

15. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is Japan Cold Chain Logistics Market?

Japan Cold Chain Logistics Market is projected to reach USD 32.82 billion by 2033, growing at a CAGR of 5.21% during the forecast period.

What is the growth rate of Japan Cold Chain Logistics Market?

Japan Cold Chain Logistics Market grew in market size from 2024. The Market is expected to reach USD 32.82 billion by 2033, at a CAGR of 5.21% during the forecast period.

What is the anticipated CAGR of Japan Cold Chain Logistics Market during the forecast period?

Japan Cold Chain Logistics Market CAGR of 5.21% during the forecast period.

How can I get a sample report on Japan Cold Chain Logistics Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Japan Cold Chain Logistics Market?

Japan Cold Chain Logistics Market size is USD 32.82 billion from 2024 to 2033.

Which segment is expected to lead Japan Cold Chain Logistics Market?

Japan Cold Chain Logistics Market Segment is Covered By Service, By Temperature Type, By Application

Which region is expected to have the highest market share in Japan Cold Chain Logistics Market?

The Asia Pacific region is anticipated to have the highest market share in Japan Cold Chain Logistics Market.

Who are the key players in Japan Cold Chain Logistics Market?

The key players in the market include Companies Covered ITOCHU Logistics Corp., Kagome Co., Ltd., Kagoshima Transport Co., Ltd., Kintetsu World Express, Inc. (KWE), Kuroneko Yamato, Mitsubishi Logistics Corporation, Nichirei, Logistics Group Inc., Nippon Express Co., Ltd., Sankyu Inc., Yamato Holdings Co., Ltd.

What is the conclusion of Japan Cold Chain Logistics Market?

There is an opportunity for expanding cold chain networks to underserved regions within Japan, particularly in rural areas, to meet the growing demand for temperature-sensitive goods outside major metropolitan areas.