Demand and Trend Analysis of Dehydrated Vegetable in Korea
Demand Forecast for Dehydrated Vegetable in Korea, by Carrot and Onions, 2023 to 2033
Burgeoning eCommerce and Online Sales Proliferate Demand for Dehydrated Vegetable in Korea. Key Players Emphasize Technological Innovation to Amplify Sales Across South Gyeongsang, North Jeolla, South Jeolla, and Jeju.
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 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:
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
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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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.
Comparative View of Adjacent Dehydrated Vegetable in Key Markets
The table showcases a comparative overview of dehydrated vegetable and their respective adoption rates in Korea, Japan, and at the global level. As per the analysis, the growing demand for locally sourced products is gaining traction in Korea. Responding to this demand, industry players are exploring traditional methods and regional sourcing to deliver genuine and locally sourced dehydrated vegetable.
In Japan, convenience continues to be a key determinant of customer choices. Producers are focusing on the creation of user-friendly dehydrated vegetable products that can be readily integrated into cooking or snacking routines.
Global dehydrated vegetable market is increasingly converging with the trend toward health and sustainability. Dehydrated veggies are being marketed as a healthy and ecologically friendly dietary option, appealing to health-conscious and environmentally sensitive customers.
Industry Analysis of Dehydrated Vegetable in Korea:
Attributes
Industry Analysis of Dehydrated Vegetable in Korea
Korea CAGR between 2023 and 2033
11.8%
Industry Size of Korea in 2023
US$ 408 million
Key Trends in Korea
Dehydrated vegetable gaining traction as healthy, on-the-go snacks in Korea's fast-paced urban lifestyle
Key Challenge
Ensuring consistent quality and extending the shelf life of dehydrated vegetable without compromising nutritional value
Demand for Dehydrated Vegetable in Japan:
Attributes
Demand for Dehydrated Vegetable in Japan
CAGR (2023 to 2033)
8.3%
Valuation (2023)
US$ 807.9 million
Key Trend
Adoption of dehydrated vegetable in traditional and fusion Japanese cuisine for added flavor and convenience.
Key Challenge
Dependence on seasonal harvests leading to potential supply shortages or fluctuations in product availability
Opportunity Assessment in Global Dehydrated Vegetable Market:
Attributes
Opportunity Assessment in Global Dehydrated Vegetable Market
CAGR (2023 to 2033)
8%
Valuation (2023)
US$ 75.6 billion
Key Trend
Emphasis on eco-friendly production methods and packaging to align with consumer preferences for sustainability
Key Challenge
Efficiently managing transportation and distribution networks to ensure timely delivery of dehydrated vegetable to various markets
Find your sweet spots for generating winning opportunities in this market.
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.
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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
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
Key Segments
By Product Type:
Carrot
Onions
Potatoes
Broccoli
Beans
Peas
Cabbage
Mushrooms
Tomatoes
By Form:
Minced & Chopped
Powder & Granules
Flakes
Slice & Cubes
Others
By Nature:
Organic
Conventional
By End Use
Food Manufacturers
Foodservice
Retail
By Drying Method:
Air Drying
Spray Drying
Freeze Drying
Drum Drying
Vacuum Drying
By Distribution Channel:
Store-based retailing
Hypermarkets/ Supermarkets
Convenience Stores
Food and Drink Specialty Stores
Online retail
Key Cities/Provinces:
South Gyeongsang
North Jeolla
South Jeolla
Jeju
Frequently Asked Questions
How Rapidly Is the Demand for Dehydrated Vegetable in Korea Growing?
The expected CAGR for the dehydrated vegetable industry in Korea through 2033 is a remarkable 11.8%.
What is the Demand Outlook for Dehydrated Vegetable in Korea?
The demand for dehydrated vegetable in Korea is projected to reach US$ 1,245 million by 2033.
Which Trends Influence the Demand for Dehydrated Vegetable in Korea?
Health and wellness trends influence the demand for dehydrated vegetable in Korea.
What Strategies are used by Dehydrated Vegetable Providers in Korea?
Dehydrated vegetable providers emphasize product innovation to cater to dynamic consumer preferences.
What is the Preferred Product Type in Dehydrated Vegetable in Korea?
Carrots are highly preferred in the dehydrated vegetable industry in Korea.
Table of Content
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 Used20. Research Methodology
