Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

Thematic (Sector/Industry)

South korea Specialty retail / Thematic (Sector/Industry)

<ul class=""><li>Fast food recorded 8% current value growth to reach KRW15.2 trillion, while outlets increased by 7% to reach 79,719 units and transactions rose by 7% in 2017.</li><li>Most fast food showed growth due to the increasing number of single-person households in South Korea.</li><li>Convenience stores' fast food recorded the highest current value growth of 21% in 2017.</li><li>Paris Croissant Co Ltd led fast food with a 14% value share in 2017.</li><li>Fast food is expected to record a 3% value CAGR at constant 2017 prices to reach KRW17.5 trillion, while outlets are predicted to record a 4% CAGR to reach 96,796 units in 2022.</li></ul>

Fast food recorded 8% current value growth to reach KRW15.2 trillion, while outlets increased by 7% to reach 79,719 units and transactions rose by 7% in 2017.Most fast food showed growth due to the increasing number of single-person households in South Korea.Convenience stores' fast food recorded the highest current value growth of 21% in 2017.Paris Croissant Co Ltd led fast food with a 14% value share in 2017.Fast food is expected to record a 3% value CAGR at constant 2017 prices to reach KRW17.5 trillion, while outlets are predicted to record a 4% CAGR to reach 96,796 units in 2022.

Sector Capsule: Fast Food in South Korea