Dehydrated Vegetable Market in Korea Growth 2023 to 2033

Analytical Study of Dehydrated Vegetable in Korea from 2023 to 2033

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 USD 408 million in 2023. By 2033, sales projections for dehydrated vegetable in Korea indicate achieving a valuation of USD 1,245 million.

Key Trends to Bolster Revenues through 2033:

• Many countries, including Korea, are shifting toward locally sourced and unique food items. Customers are seeking dried vegetables made using traditional processes or sourced locally.
• Dehydrated veggies can be incorporated into various food products, including snacks and ready-to-eat meals. The industry continues to explore methods for enhancing the nutritional and functional qualities of dehydrated vegetable.
• The expansion of eCommerce has created new distribution channels for food products. In Korea, online platforms and delivery services play a crucial role in the distribution and accessibility of dehydrated veggies.
• Packaging advancements, such as easy and environmentally friendly packaging solutions, have the potential to influence customer decisions. Dehydrated, portable, and user-friendly vegetable products are gaining popularity.
• Korea-based companies are focused on reducing waste throughout the dehydration process and developing new applications for byproducts, aligning with the global zero-waste trend.

Attributes	Details
Industry Size in Korea in 2023	USD 408 million
Expected Industry Size of Korea by 2033	USD 1,245 million
Forecasted CAGR between 2023 to 2033	11.8%

Key Insights - Highlights on the Emerging Opportunities in the Dehydrated Vegetable Industry

• Subscription box services that offer a selection of dehydrated vegetable items and health-conscious meal kits could be appealing to consumers seeking simple and healthy meal options.
• Partnering with well-known food and beverage companies to co-brand dehydrated vegetable products or license popular flavors and spices can enhance brand recognition and credibility.
• Cross-promoting dried veggies with complementary items such as grains, spices, or sauces can lead to synergy and expand consumer reach.
• Creating online platforms or applications with a variety of recipes and culinary ideas using dried veggies, along with easy purchasing options, could engage and educate customers.
• Developing dehydrated vegetable products for children, such as vegetable-based snacks, can capitalize on the growing demand for nutritious and kid-friendly options.

Category-wise insights

Carrots Experience Immense Demand Aligning with Growing Health and Wellness Trends

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.

Various Attributes Boost Demand for Dehydrated Vegetable in Powder and Granule Forms

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.

Competitive Landscape

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.

Strategies for Key Players to Tap into Potential Growth Opportunities

• Collaborate with famous chefs and culinary influencers to develop recipes and cooking demos highlighting dehydrated vegetable' adaptability in traditional and modern meals.
• Increase quality control methods and implement traceability mechanisms to ensure consistent product quality and safety while increasing customer confidence and brand reputation.
• Implement zero-waste and sustainable manufacturing techniques to reduce waste and harmonize with environmental and sustainability trends, exhibiting business responsibility.
• Recognize developing niches, such as premium or functional food components, and create specialized offers to capitalize on new business opportunities.

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.

Some of the Key Players in Dehydrated Vegetable in Korea

• 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

Scope of the Report

Attribute	Details
Estimated Industry Size in 2023	USD 408 million
Projected Industry Size by 2033	USD 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

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
• 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
  • 5.1. Carrot
  • 5.2. Onions
  • 5.3. Potatoes
  • 5.4. Broccoli
  • 5.5. Beans
  • 5.6. Peas
  • 5.7. Cabbage
  • 5.8. Mushrooms
  • 5.9. Tomatoes
• 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form
  • 6.1. Minced & Chopped
  • 6.2. Powder & Granules
  • 6.3. Flakes
  • 6.4. Slice & Cubes
  • 6.5. Others
• 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature
  • 7.1. Organic
  • 7.2. Conventional
• 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
  • 8.1. Food Manufacturers
    • 8.1.1. Snacks & Savory Products
    • 8.1.2. Infant Foods
    • 8.1.3. Soups
    • 8.1.4. Salads, Dressings & Sauces
    • 8.1.5. Others
  • 8.2. Food Service
  • 8.3. Retail
• 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Technology
  • 9.1. Air Drying
  • 9.2. Spray Drying
  • 9.3. Freeze Drying
  • 9.4. Drum Drying
  • 9.5. Vacuum Drying
  • 9.6. Others
• 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
  • 10.1. Direct
  • 10.2. Indirect
    • 10.2.1. Store Based Retailing
    • 10.2.2. Online Retail
• 11. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 11.1. South Gyeongsang
  • 11.2. North Jeolla
  • 11.3. South Jeolla
  • 11.4. Jeju
  • 11.5. Rest of Korea
• 12. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 13. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 15. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 16. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 17. Market Structure Analysis
• 18. Competition Analysis
  • 18.1. Sanmaeul
  • 18.2. Joeun Mushroom Farming Association Co., Ltd
  • 18.3. Yiwang Sangsa Co., Ltd.
  • 18.4. Yongjin Trade Company
  • 18.5. Seobunongsan
• 19. Assumptions & Acronyms Used
• 20. Research Methodology