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TwitterIn 2024, the total production value of food industry in South Korea accounted for around 2.91 percent of the country's GDP, slightly down from **** percent in the previous year. During the period of consideration, the industry's share in GDP stayed between **** and **** percent.
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The South Korea Foodservice Market report segments the industry into Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), Outlet (Chained Outlets, Independent Outlets), and Location (Leisure, Lodging, Retail, Standalone, Travel). Five years of historical data and five-year forecasts are covered.
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South Korea food service market size is projected to exhibit a growth rate (CAGR) of 17.8% during 2025-2033. The increasing advances in technology that can enhance operational efficiency, reduce costs, and improve the overall customer experience, are driving the market.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
| 2024 |
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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| Market Growth Rate (2025-2033) | 17.8% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on foodservice type, outlet, and location.
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The South Korea Food Logistics Market Report is Segmented by Services (Transportation, Warehousing and Storage, and Value-Added Services), Temperature-Control Type (Cold Chain and Non Cold Chain), End-Product Category (Meat, Seafood, and Poultry, Dairy Products and Frozen Deserts, Horticulture, Processed Food Products, Pet Food, and Others). The Market Forecasts are Provided in Terms of Value (USD).
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The South Korea fast food market was valued at USD 18.05 Billion in 2024. The surge in late-night delivery orders, particularly among the country’s single-person households and Gen Z consumers, is widening operational expansion among QSR chains in dense urban zones. As a result, the market is projected to grow at a CAGR of 4.60% during the forecast period of 2025-2034 to reach a value of USD 28.30 Billion by 2034.
Notably, the Ministry of Agriculture, Food and Rural Affairs announced the “Strategic Plan for K-Food Plus Export Innovation” to respond to a rapidly changing global trend and trade environment, promoting South Korean fast-food adaptations in domestic and international markets. In 2025, the government invested USD 1 billion into SMEs innovating in beauty and food products helping street food brands introduce AI-driven kiosks and meat-alternative dishes.
The Sout Korea fast food market growth is also fuelled by rising consumer demand for quick, spicy, and innovative meals. The fast food trend is not only shaped by convenience but also by evolving tastes, especially among urban millennials and Gen Z. Major fast food chains like Lotteria and Mom’s Touch are revamping menus to reflect local preferences over westernised offerings.
Moreover, domestic giants are collaborating with delivery apps like Baedal Minjok and Yogiyo to boost real-time ordering. The market also observes an increasing inclination towards sustainability, with brands adopting biodegradable packaging after Seoul's 2024 regulation on voluntary single-use plastics in eateries. Though the regulation is voluntary, young consumers in South Korea resonate well with this trend.
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The South Korea food flavours Market size reached a value of more than USD 864.24 Million in 2024. The South Korea food flavour industry is expected to grow at a CAGR of 4.10% between 2025 and 2034, reaching a value of USD 1291.64 Million by 2034.
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TwitterIn 2023, the food industry made over **** trillion South Korean won in sales in South Korea. This was an increase compared to the previous year's sales.
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The South Korea Pet Food Market Report is Segmented by Pet Type (Dogs, Cats, and Others), Product Type (Dry Pet Foods, Wet Pet Foods, Veterinary Diets, Treats and Snacks, and More), and Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online Channels, and More). The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn 2020, the the market size of organic agriculture and food products in South Korea amounted to around *** trillion South Korean won. According to an industry forecast, it will grow to reach around **** trillion South Korean won in 2025.
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The size of the Food Service in Korean Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 5.60% during the forecast period. Recent developments include: April 2023: Shinsegae Food introduced a 100% plant-based burger called Better Burger. Instead of using animal products like milk and eggs, the burger uses substitute meat, cheese, and buns created from plant-based proteins like soybeans and cashew nuts.March 2023: Yum! Brands Inc. teamed up with a Korean private equity fund to acquire KFC Korea Co.February 2023: McDonald's Korea collaborated with NewJeans and introduced a special crispy chicken sandwich meal.. Key drivers for this market are: Growing Demand for Cocoa Butter Equivalents Among Food Manufacturers, Rising Application in Food Industry. Potential restraints include: Health Concerns Pertaining to the Excessive Consumption of Fats and Oils. Notable trends are: High demand for traditional cuisines and increased spending on dining increase the sales.
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South Korea Exports of residues, wastes of food industry, animal fodder to United States was US$2.59 Million during 2024, according to the United Nations COMTRADE database on international trade. South Korea Exports of residues, wastes of food industry, animal fodder to United States - data, historical chart and statistics - was last updated on December of 2025.
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TwitterIn 2023, the food industry in South Korea spent around ***** billion South Korean won on advertising. This represents a significant increase in expenditure from the previous years.
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Discover the booming South Korean pet food market! This report reveals a $1.22 billion market in 2025, projected to grow at 8.38% CAGR until 2033, driven by rising pet ownership, premiumization, and online sales. Learn about key players, trends, and future opportunities in this dynamic sector. Recent developments include: November 2022: Mars Petcare signed an agreement to acquire Champion Petfood, a global pet food brand with a significant presence in South Korea. Champion pet food was a trusted brand in the premium and natural pet food category and saw a lot of consumer footfall. This acquisition aims to integrate Champion pet food's expertise in this field country's and Mars's brand loyalty., January 2022: Dongwon F&B partnered with Bmsmile, a domestic pet product brand operator, to develop functional moist pet food packed in sealed pouches and cans. The partnership would also help the company expand its presence in South Korea.. Notable trends are: Increasing pet population and consumer expenditure on premium pet food.
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TwitterIn 2023, the number of food manufacturing and processing establishments amounted to approximately ****** in South Korea. This was a slight increase compared to the previous year. Overall, the number of such establishments steadily increased in recent years.
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South Korea Exports of residues, wastes of food industry, animal fodder to Italy was US$13.3 Thousand during 2021, according to the United Nations COMTRADE database on international trade. South Korea Exports of residues, wastes of food industry, animal fodder to Italy - data, historical chart and statistics - was last updated on November of 2025.
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Comprehensive dataset containing 7 verified Food processing company businesses in Chungcheongbuk-do, South Korea with complete contact information, ratings, reviews, and location data.
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Comprehensive dataset containing 7 verified Food processing company businesses in Busan, South Korea with complete contact information, ratings, reviews, and location data.
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TwitterIn 2023, the food market size in South Korea amounted to around ***** trillion South Korean won, increased from about ***** trillion in the previous year. Overall, the size of the food market increased throughout the years. Korean food exports worldwide As Korean culture spills over to other countries via TV shows, music, and more, Korean cuisine also gained popularity, particularly in Asia. In line with the popularity of Korean food worldwide, the value of food exported from South Korea has drastically increased in recent years, which expanded the Korean food market size to global scale. Products that are easy to distribute and access are leading in exports, such as instant noodles, kimchi, and seasoned seaweed. Online grocery and food service trends in South Korea As technology advances, online services are also becoming a huge trend in the grocery and food industry. Its popularity is seen in the growth of the online grocery market as well as increased transaction value of food and beverages in online sales, which both have significantly increased over the last 5 years. Quick and convenient delivery systems are chosen as the main advantages of online grocery shopping.
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The South Korea vegan food market was valued at USD 33.23 Million in 2024. The industry is expected to grow at a CAGR of 6.00% during the forecast period of 2025-2034 to attain a valuation of USD 59.51 Million by 2034.
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Korea GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 5.965 % in 2014. This records a decrease from the previous number of 5.976 % for 2013. Korea GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 11.389 % from Dec 1963 (Median) to 2014, with 52 observations. The data reached an all-time high of 31.678 % in 1964 and a record low of 5.372 % in 2011. Korea GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.; ; United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.; ;
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TwitterIn 2024, the total production value of food industry in South Korea accounted for around 2.91 percent of the country's GDP, slightly down from **** percent in the previous year. During the period of consideration, the industry's share in GDP stayed between **** and **** percent.