South Korea Food and Drink Report Q3 2014

South Korea Food and Drink Report Q3 2014

Published: July 2014
Publisher: Business Monitor International (BMI)
Product ref: 217228
Pages: 115
Format: PDF
Delivery: Immediate download

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BMI View: South Korea's relatively strong Q114 real GDP growth print has prompted us to upgrade our 2014 growth forecast to 3.5% from 3.0% previously. Korean exporters will continue to ride on the economic recovery in the developed markets for now while a recovery in real estate sector may support construction investment. That said, downside pressure is still likely to stem from China's slowing economy, elevated household debt levels, as well as risks of a continued contraction in business investment.

Headline Industry Data (Local Currency) ¦ 2014 per capita food consumption = +2.3%; forecast CAGR 2014 to 2018 = +3.8%. ¦ 2014 alcoholic drink value sales = +2.5%; forecast CAGR 2014 to 2017 = +4.2%. ¦ 2014 soft drink value sales = +4.3%; forecast CAGR 2014 to 2018 = +4.7%. ¦ 2014 mass grocery retail sales = +5.7%; forecast CAGR 2014 to 2018 = +7.2%.

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Related research categories

By sector: General drinks

By market: South Korea (in Asia)


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