South Korea Reduced Salt Food Products Market Size & Outlook
The reduced salt food products market in South Korea is expected to reach a projected revenue of US$ 15,554.8 million by 2030. A compound annual growth rate of 5% is expected of South Korea reduced salt food products market from 2022 to 2030.
Revenue, 2021 (US$M)
$10,019.2
Forecast, 2030 (US$M)
$15,554.8
CAGR, 2022 - 2030
5%
Report Coverage
South Korea
South Korea reduced salt food products market, 2018-2030 (US$M)
Related Markets
South Korea reduced salt food products market highlights
- The South Korea reduced salt food products market generated a revenue of USD 10,019.2 million in 2021 and is expected to reach USD 15,554.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5% from 2022 to 2030.
- In terms of segment, snacks was the largest revenue generating product in 2021.
- Snacks is the most lucrative product segment registering the fastest growth during the forecast period.
Reduced salt food products market data book summary
| Market revenue in 2021 | USD 10,019.2 million |
| Market revenue in 2030 | USD 15,554.8 million |
| Growth rate | 5% (CAGR from 2021 to 2030) |
| Largest segment | Snacks |
| Fastest growing segment | Snacks |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Snacks, Meat, Poultry, & Seafood |
| Key market players worldwide | General Mills Inc, PepsiCo Inc, The Kraft Heinz Co, Nestle SA, Conagra Brands Inc, Tyson Foods Inc Class A, Hormel Foods Corp, Maple Leaf Foods Inc, Kellanova Co, WH Group Ltd ADR |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.2% of the global reduced salt food products market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China reduced salt food products market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 46,409.3 million by 2030.
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Reduced Salt Food Products Market Scope
Reduced salt food products market segmentation & scope
Reduced Salt Food Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea reduced salt food products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to reduced salt food products market will help companies and investors design strategic landscapes.
Snacks was the largest segment with a revenue share of 54.59% in 2021. Horizon Databook has segmented the South Korea reduced salt food products market based on snacks, meat, poultry, & seafood covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Reduced Salt Food Products Product Outlook (Revenue, USD Million, 2018-2030)
- Snacks
- Meat, Poultry, & Seafood
- Others
- South Korea Reduced Salt Food Products Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea reduced salt food products market , including forecasts for subscribers. This country databook contains high-level insights into South Korea reduced salt food products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea reduced salt food products market size, by product, 2018-2030 (US$M)
South Korea Reduced Salt Food Products Market Outlook Share, 2021 & 2030 (US$M)
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