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SOUTH KOREA: Beverage sales fall 6% this year

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Overall beverage sales in South Korea have fallen by 6% this year despite a considerable jump for the health drink market.

Beverage industry annual sales dropped 6% to US$3.3bn overall this year, according to local press reports, with soft drinks recording sales of US$1.7bn, down 7% from last year. Coca-Cola sales, at US$441.9m, were down 10% this year.

Health drinks boomed in the country though, with green tea products doubling to US$49.1m annually. Sales of functional drinks - including fat-reducing and amino acid products - increased by 25%.

According to the reports, juice, coffee, sports drinks, soy milk and traditional drinks experienced declines of up to 10%. Sales of beverages containing grain extracts fell by 40%.


Sectors: Soft drinks

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