IMARC Group has recently released a new research study titled “South Korea Construction Market Report by Sector (Commercial Construction, Residential Construction, Industrial Construction, Infrastructure (Transportation) Construction, Energy and Utilities Construction), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Convenience Food Market Overview
The South Korea Convenience Food Market size was valued at USD 9.7 Billion in 2025 and is projected to reach USD 16.2 Billion by 2034. The market is anticipated to grow at a CAGR of 5.23% during the forecast period 2026-2034. Growth is driven by urbanization and the increasing demand for convenient food options due to time constraints and limited cooking facilities in urban areas.
Study Assumption Years
- Base Year: 2025
- Historical Years: 2020-2025
- Forecast Years: 2026-2034
South Korea Convenience Food Market Key Takeaways
- Current Market Size: USD 9.7 Billion in 2025
- CAGR: 5.23% (2026-2034)
- Forecast Period: 2026-2034
- The market comprises commercially prepared or partially prepared food items designed to save time and effort in meal preparation.
- Common convenience foods include frozen meals, canned soups, pre-packaged snacks, and instant noodles.
- Market growth is supported by the rise of dual-income households and urbanization, leading to increased demand for quick meals.
- Health and wellness trends have spurred demand for convenient yet nutritious foods.
- E-commerce growth and food packaging innovation have enhanced product accessibility and consumer convenience.
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Market Growth Factors
Urbanization and lifestyle changes in South Korea have significantly driven the convenience food market. The rise in the urban population brings time constraints and limited cooking facilities, thereby increasing the dependence on convenience foods. This trend fuels the demand for fast and easy meal options catering to busy schedules and reduced cooking skills. The market's forecasted CAGR of 5.23% between 2026 and 2034 reflects the sustained growth prompted by these demographic shifts.
Increasing dual-income households contribute to the market upswing as these consumers seek time-saving meal solutions. Convenience foods provide ready-to-eat or minimally prepared options that fit hectic routines. Additionally, the impact of urbanization has ingrained convenience food consumption into the social fabric as timely meal preparation becomes a priority. These societal developments serve as pivotal growth drivers.
Another major factor is the growing awareness of health and wellness. Consumers now prefer convenient foods that are balanced and nutritious, driving innovation in healthier convenience food products. Advanced food processing technologies combined with packaging advancements improve convenience while meeting health demands. Furthermore, the surge in e-commerce platforms has broadened availability, enabling hassle-free home delivery. The regional health crisis accelerated the preference for hygienic, ready-to-eat foods, adding momentum to the market expansion.
Market Segmentation
Type Insights:
- Raw Food: Includes minimally processed food products offering less preparation time.
- Canned Food: Food preserved in cans, providing long shelf life and easy storage.
- Frozen Food: Products that are frozen to preserve freshness and facilitate quick cooking.
- Ready-To-Eat: Fully prepared foods that require no additional preparation.
- Ready-To-Cook: Pre-prepared foods that need minimal cooking before consumption.
- Others: Additional types of convenience foods not classified above.
Product Insights:
- Meat/Poultry Products: Includes processed or prepared convenience foods derived from meat and poultry.
- Cereal-based Products: Convenience foods primarily made from cereals such as bread, noodles, and snacks.
- Vegetable-based Products: Convenience foods made using vegetables, catering to vegetarian preferences.
- Others: Additional product types beyond the three main categories.
Distribution Channel Insights:
- Supermarkets and Hypermarkets: Large retail formats offering a wide variety of convenience foods.
- Convenience Stores: Smaller retail outlets focusing on quick and accessible food options.
- Specialty Stores: Retailers specializing in niche or specific types of convenience foods.
- Others: Other distribution formats enabling market reach.
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Regional Insights
The dominant region in the South Korea convenience food market is the Seoul Capital Area, followed by Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and others. The report includes a comprehensive analysis of these major regions but does not provide specific statistics concerning market share or growth rates per region.
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