03/Jul/17
Korea

Wonshik Choi_Korea

Korea - The coffee market is expected to grow at 30.6% to 6,040 billion won by 2014

Domestic coffee specialty store market grows 54% from 4 trillion won in 2014
MérieuxNutriSciences_coffee

The Ministry of Agriculture, Food and Rural Affairs and the Korea agro-Fisheries & Food Trade Corporation published a report on the brewing coffee market.

Coffee is a processed coffee bean, a food or a food additive added to instant coffee, prepared coffee and liquid coffee. The market size of the coffee market in 2016 was 6.4 trillion won, up 30.6 % from 4.9 trillion won in 2014. In particular, coffee specialty stores account for 62.5% (4 trillion won) of total coffee market in 2016, which is 53.8% higher than 2.6 trillion won in 2014, which means a great impact on the growth of the coffee sales market. 

In Korea the annual consumption of coffee per adult (over 20 years old) is 377 cups (2016): this data shows an annual average increase of 7.0% compared to 2012 data. The global market for coffee products was $125.6 billion by 2015 and the largest market size is Japan, accounting for 30.9% of the total market, followed by the United States (17.2%) and Korea (1.5%).

Source: Ministry of Agriculture, Food and Rural Affairs

Questions? Comments? Concerns?

CONTACT US!

T: +39 045 82 83 311
E: regulatory.services@mxns.com

For more information
about Mérieux NutriSciences visit

www.merieuxnutrisciences.com

Fill out this form and you will be contacted as soon as possible.

*
To prevent automated spam submissions leave this field empty.
*
*

The personal data you mentioned will be processed by Chelab S.r.l. - Socio Unico, data controller, to answer to your request. Your data may be transferred to one of the affiliated entities of Chelab S.r.l. - Socio Unico located or not within the EU, which will process them in accordance with your content request.

You have the right to access to your data, request rectification, erasure, restriction of processing or withdrawal and may exercise this right by sending your request by email to contact.italy@mxns.com.