Market Size of South Korea Snack Bar Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 9.34 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South Korea Snack Bar Market Analysis
The South Korean snack bar market is projected to witness a CAGR of 9.34% during the forecast period of 2020-2025.
- The snack bar category is a niche category in South Korea, which is growing at a faster rate due to consumer preference for health and wellness products.
- Cereal and granola bar accounts for the most significant share of the market, which is expected to register a healthy growth rate during the forecast period.