Sales of dehydrated vegetable in Korea are poised to surge at an 11.8% CAGR through 2033. The overall demand for dehydrated vegetable in Korea is set to rise considerably, crossing a valuation of US$ 408 million in 2023. By 2033, sales projections for dehydrated vegetable in Korea indicate achieving a valuation of US$ 1,245 million.
Key Trends to Bolster Revenues through 2033:
| Attributes | Details |
|---|---|
| Industry Size in Korea in 2023 | US$ 408 million |
| Expected Industry Size of Korea by 2033 | US$ 1,245 million |
| Forecasted CAGR between 2023 to 2033 | 11.8% |
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The sales outlook for dehydrated vegetable in Korea indicates that carrots are the leading product type, accounting for 6.70% of the industry share in 2023.
| Leading Product Type for Dehydrated Vegetable in Korea | Carrot |
|---|---|
| Total Value Share (2023) | 6.70% |
Carrots are widely used in both traditional Korean cuisine and in many international recipes. Their presence in local recipes contributes to their leadership in sales among dried vegetables. Dehydrated carrots are a versatile and highly sought-after product, as they can be consumed as standalone snacks or used as ingredients in a variety of meal preparations, such as soups, stews, salads, and baked goods. Carrots have been associated with various health benefits, including improved eye health, support for the immune system, and digestive assistance. Their popularity aligns with the growing consumer interest in health and well-being.
The demand outlook for dehydrated vegetable in Korea specifies that powders and granules are the prominent form, holding 38.00% of the industry share in 2023.
| Leading Form of Dehydrated Vegetable in Korea | Powder and Granules |
|---|---|
| Total Value Share (2023) | 38.00% |
Powdered and granulated versions are simple to integrate into processed meals like instant noodles, snacks, and spice mixes. Korea's food processing sector is growing, and these forms are significant components in many popular products. Powder and granules allow for the concentration of tastes and the customization of spice mixtures. This is particularly appealing in Korea, known for its diverse and bold flavors, as it allows individuals to tailor spices to their preferences. Additionally, due to their lightweight and compact nature, powder and granulated forms are cost-effective to transport. This benefits both domestic distribution and foreign export, contributing to the growing demand.
Principal Consultant
A dynamic interplay between big domestic firms, smaller local producers, and new overseas rivals characterizes the competitive environment of the dehydrated vegetable industry in Korea. Differentiation via innovation, sustainability, personalization, and successful distribution and branding strategies are the pillars of success in this industry. Competition among the industry's rivals is predicted to remain fierce as customer demand for health-conscious and convenient food alternatives grows.
Recent Development Observed in Dehydrated Vegetable in Korea
O’ Jeju, a Jeju island-based dried products manufacturer that offers a variety of dried fruits, vegetables, and kimchi. The company uses a hygienic zipper pouch that can preserve the original smell of kimchi, and its renowned products include dried mandarin oranges, kimchi, and slices of sweet potatoes.
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| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 408 million |
| Projected Industry Size by 2033 | US$ 1,245 million |
| Anticipated CAGR between 2023 to 2033 | 11.8% CAGR |
| Historical Analysis of Demand for Dehydrated Vegetable in Korea | 2018 to 2022 |
| Demand Forecast for Dehydrated Vegetable in Korea | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing Dehydrated Vegetable Adoption in Korea, Insights on Global Players and their Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korean Manufacturers |
| Key Cities Analyzed While Studying Opportunities in Dehydrated Vegetable in Korea | South Gyeongsang, North Jeolla, South Jeolla, Jeju |
| Key Companies Profiled | Nongshim Co., Ltd.; CJ CheilJedang (CJ Group); Ottogi Corporation; Sempio Foods Company; Sajo Industries Co., Ltd.; Daesang Corporation; Dongwon F&B; Lotte Confectionery; Haitai Confectionery & Foods Co., Ltd.; Orion Corporation |
The expected CAGR for the dehydrated vegetable industry in Korea through 2033 is a remarkable 11.8%.
The demand for dehydrated vegetable in Korea is projected to reach US$ 1,245 million by 2033.
Health and wellness trends influence the demand for dehydrated vegetable in Korea.
Dehydrated vegetable providers emphasize product innovation to cater to dynamic consumer preferences.
Carrots are highly preferred in the dehydrated vegetable industry in Korea.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Type, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Type, 2023 to 2033 5.3.1. Carrot 5.3.2. Onions 5.3.3. Potatoes 5.3.4. Broccoli 5.3.5. Beans 5.3.6. Peas 5.3.7. Cabbage 5.3.8. Mushrooms 5.3.9. Tomatoes 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Form, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Form, 2023 to 2033 6.3.1. Minced & Chopped 6.3.2. Powder & Granules 6.3.3. Flakes 6.3.4. Slice & Cubes 6.3.5. Others 6.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Nature, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Nature, 2023 to 2033 7.3.1. Organic 7.3.2. Conventional 7.4. Y-o-Y Growth Trend Analysis By Nature, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Nature, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End Use, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End Use, 2023 to 2033 8.3.1. Food Manufacturers 8.3.1.1. Snacks & Savory Products 8.3.1.2. Infant Foods 8.3.1.3. Soups 8.3.1.4. Salads, Dressings & Sauces 8.3.1.5. Others 8.3.2. Food Service 8.3.3. Retail 8.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Technology 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Technology, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Technology, 2023 to 2033 9.3.1. Air Drying 9.3.2. Spray Drying 9.3.3. Freeze Drying 9.3.4. Drum Drying 9.3.5. Vacuum Drying 9.3.6. Others 9.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 10.1. Introduction / Key Findings 10.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Distribution Channel, 2018 to 2022 10.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2023 to 2033 10.3.1. Direct 10.3.2. Indirect 10.3.2.1. Store Based Retailing 10.3.2.2. Online Retail 10.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 10.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033 11. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 11.1. Introduction 11.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2018 to 2022 11.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033 11.3.1. South Gyeongsang 11.3.2. North Jeolla 11.3.3. South Jeolla 11.3.4. Jeju 11.3.5. Rest of Korea 11.4. Market Attractiveness Analysis By Region 12. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Product Type 12.2.2. By Form 12.2.3. By Nature 12.2.4. By End Use 12.2.5. By Technology 12.2.6. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Product Type 12.3.2. By Form 12.3.3. By Nature 12.3.4. By End Use 12.3.5. By Technology 12.3.6. By Distribution Channel 12.4. Key Takeaways 13. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Product Type 13.2.2. By Form 13.2.3. By Nature 13.2.4. By End Use 13.2.5. By Technology 13.2.6. By Distribution Channel 13.3. Market Attractiveness Analysis 13.3.1. By Product Type 13.3.2. By Form 13.3.3. By Nature 13.3.4. By End Use 13.3.5. By Technology 13.3.6. By Distribution Channel 13.4. Key Takeaways 14. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Product Type 14.2.2. By Form 14.2.3. By Nature 14.2.4. By End Use 14.2.5. By Technology 14.2.6. By Distribution Channel 14.3. Market Attractiveness Analysis 14.3.1. By Product Type 14.3.2. By Form 14.3.3. By Nature 14.3.4. By End Use 14.3.5. By Technology 14.3.6. By Distribution Channel 14.4. Key Takeaways 15. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Product Type 15.2.2. By Form 15.2.3. By Nature 15.2.4. By End Use 15.2.5. By Technology 15.2.6. By Distribution Channel 15.3. Market Attractiveness Analysis 15.3.1. By Product Type 15.3.2. By Form 15.3.3. By Nature 15.3.4. By End Use 15.3.5. By Technology 15.3.6. By Distribution Channel 15.4. Key Takeaways 16. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 16.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Product Type 16.2.2. By Form 16.2.3. By Nature 16.2.4. By End Use 16.2.5. By Technology 16.2.6. By Distribution Channel 16.3. Market Attractiveness Analysis 16.3.1. By Product Type 16.3.2. By Form 16.3.3. By Nature 16.3.4. By End Use 16.3.5. By Technology 16.3.6. By Distribution Channel 16.4. Key Takeaways 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Product Type 17.3.3. By Form 17.3.4. By Nature 17.3.5. By End Use 17.3.6. By Technology 17.3.7. By Distribution Channel 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Sanmaeul 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Joeun Mushroom Farming Association Co., Ltd 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Yiwang Sangsa Co.,Ltd. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Yongjin Trade Company 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. seobunongsan 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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Demand and Trend Analysis of Dehydrated Vegetable in Korea
