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South Korea Chocolate Companies (2024 - 2029)

Several renowned companies in the confectionery industry continue to dominate the market with their innovative and diverse product offerings. These corporations, firms, and enterprises, known for their quality and consistency, constantly strive to meet consumer demands while also introducing new and exciting products. Despite the intense competition, these businesses manage to stay on top through strategic marketing and product development.

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Top Companies in South Korea Chocolate Market

This report lists the top South Korea Chocolate companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the South Korea Chocolate industry.

  1. Crown Confectionery

  2. Lotte

  3. Orion Confectionery

  4. Ferrero

  5. Mars

*Disclaimer: Top companies sorted in no particular order

South Korea Chocolate Market Major Players

South Korea Chocolate Market Concentration

South Korea Chocolate Market Concentration

South Korea Chocolate Company List

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Milk/White Chocolate

      2. 5.1.2 Dark Chocolate

    2. 5.2 Product Type

      1. 5.2.1 Softlines/Selfilines

      2. 5.2.2 Boxed Assortments

      3. 5.2.3 Countlines

      4. 5.2.4 Seasonal Chocolates

      5. 5.2.5 Molded Chocolates

      6. 5.2.6 Other Product Types

    3. 5.3 Distribution Channel

      1. 5.3.1 Supermarkets/Hypermarkets

      2. 5.3.2 Specialty Retailers

      3. 5.3.3 Convenience/Grocery Stores

      4. 5.3.4 Online Retail Stores

      5. 5.3.5 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Crown Confectionery Co., Ltd.

      2. 6.3.2 The Hershey Company

      3. 6.3.3 Orion Confectionery Co, Ltd.

      4. 6.3.4 Mars, Incorporated

      5. 6.3.5 Ferrero International S.A.

      6. 6.3.6 Lotte Corporation

      7. 6.3.7 Meiji Holdings Co. Ltd

      8. 6.3.8 Perfetti Van Melle Group

      9. 6.3.9 Mondelēz International, Inc.

      10. 6.3.10 Loacker USA Inc.

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

South Korea Chocolate Market Companies Summary

The South Korean chocolate market is competitive, with both regional and international brands vying for consumer attention. These organizations employ various strategic approaches to enhance their brand presence, such as mergers and acquisitions, product launches, and partnerships. They also utilize advertising methods like celebrity endorsements, community bulletin boards, and local newspaper advertising to raise brand awareness and boost sales in the country. Furthermore, these firms have been fostering a taste for higher-priced chocolates among younger consumers by increasing the accessibility and innovation of their products. The market has seen the evolution of numerous artisanal chocolate businesses, whose products are frequently promoted via social media platforms and online markets. These businesses cater to the increasingly sophisticated preferences of South Korean consumers, who are seeking higher-quality chocolate products made with natural and organic ingredients.

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South Korea Chocolate Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Most Adopted Strategies

    2. 1.2 Market Share Analysis

    3. 1.3 Company Profiles

      1. 1.3.1 Crown Confectionery Co., Ltd.

      2. 1.3.2 The Hershey Company

      3. 1.3.3 Orion Confectionery Co, Ltd.

      4. 1.3.4 Mars, Incorporated

      5. 1.3.5 Ferrero International S.A.

      6. 1.3.6 Lotte Corporation

      7. 1.3.7 Meiji Holdings Co. Ltd

      8. 1.3.8 Perfetti Van Melle Group

      9. 1.3.9 Mondelēz International, Inc.

      10. 1.3.10 Loacker USA Inc.

    4. *List Not Exhaustive

South Korea Chocolate Companies FAQs

Crown Confectionery Co. Ltd., Lotte Corporation, Orion Confectionery Co, Ltd., Ferrero International S.A. and Mars Incorporated are the major companies operating in the South Korea Chocolate Market.

South Korea Chocolate Market Report Snapshots

South Korea Chocolate Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)