Boston, MA -- (SBWIRE) -- 12/10/2014 -- This report brings together market data to provide a comprehensive brief of the Prepared Meals sector in South Korea. This allows for the rapid identification of key growth opportunities across major Prepared Meals categories and their packaging.

Key Findings

- The Prepared Meals market in South Korea will register moderate growth during 2013-2018, driven by high disposable income of the consumers

- Ready Meals is the largest category by value, and will register the fastest growth during 2013-2018

- Increasing busy life styles as a result of rising participation of women in the work force and rising single person households are driving the growth of convenient food products

- Quality Seeking and Connection are the other key trends in the South Korean Prepared Meals market

- Retailers will use rebranding strategies to attract consumer attention, by focusing on better quality and value. This is likely to challenge leading brands across categories

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The Prepared Meals market in South Korea will register moderate growth during 2013-2018, driven by high disposable income. Increasing busy lifestyles as a result of increased participation of women in the workforce and rising single person households are creating demand for convenient products. The rising consumer knowledge about world cuisines will drive the launch of locally popular products in ethnic flavours.

Reasons to Get This Report

Companies Mentioned in this Report: CHAN MARU FOODCO. Ltd., Daesang Corporation, Cj Cheil Jedang Corporation, Didilhyang, Dongwon Dairy Foods Co., Ltd., Harim corporation, Naengdong Mart, Nolbu Food, DAE KWANG NONG SAN CO. LTD, Ottogi Co, Ltd., Pulmuone Co., Ltd., SAMLIP GENERAL FOODS CO., LTD., Ssg Food, Our Home Co., Ltd., Nestle S.A., Chunil Food Co., Ltd., Hans Korea Co., Ltd., DK Foods, Co. Ltd., Kraze, Mini Foods, Welch Foods Inc, Sonsoo, Sunsu, Seoul food, NongshimCo., Ltd., Gyeonggi Nonghyup, E-mart, Home plus, 7-Eleven, Family Mart, GS Retail

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