South Korea Cookie and Cracker Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Sweet Cookies, Savory Crackers, Filled Cookies, Plain Crackers, and Others), By Ingredient (Wheat, Oats, Multigrain, and Others), and South Korea Cookie and Cracker Market Insights, Industry Trend, Forecasts to 2035.
Industry: Food & BeveragesSouth Korea Cookie and Cracker Market Insights Forecasts to 2035
- The South Korea Cookie and Cracker Market size is Expected to Grow at a CAGR of around 4.4% from 2025 to 2035
- The South Korea Cookie and Cracker Market size is expected to hold a significant Share by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Cookie and Cracker Market is anticipated to grow at a CAGR of 4.4% from 2025 to 2035. The market is driven by rising demand for convenient snacking options and the popularity of sweet and savory baked goods. It is also driven by increasing health awareness, boosting demand for multigrain, oat-based, and low-sugar cookie and cracker products.
Market Overview
The South Korea cookie and cracker market includes the production, distribution and consumption of packaged sweet cookies, savory crackers, fill cookies and other baked snack products. Overall, this market demonstrates a healthy growth prospect, mainly underpinned by changing consumer lifestyles, the urbanization process and increasing desire for convenient packaged ready-to-eat snacks. Sweet cookies represent the leading category, although savory and health cookies are growing in popularity. Due to the demand for premium, functional and low-sugar products, manufacturers are experimenting with oats and multigrain as alternative ingredients. Online retail and convenience stores has bolstered access to the products. Nevertheless, the increasing competition, changing health perceptions and increasing regulatory scrutiny on sugar and processed food are generating uncertainty for ongoing and sustainable market growth during the next five years.
Report Coverage
This research report categorizes the market for the South Korea cookie and cracker market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cookie and cracker market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cookie and cracker market.
South Korea Cookie and Cracker Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.4% |
Historical Data for: | 2020-2023 |
No. of Pages: | 167 |
Tables, Charts & Figures: | 109 |
Segments covered: | By Product, By Ingredient and COVID-19 Impact Analysis |
Companies covered:: | Mondelez International, Inc., Nestle S.A., Kellogg Company, General Mills, Inc., The Hershey Company, PepsiCo, Inc., Others, and others key vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The South Korean cookie and cracker market is driven by a growing demand for convenient and ready-to-eat snack foods, especially among urban consumers and one-person households. The growing popularity of indulgent sweet treats along with an increase in the number of premium and filled cookie varieties is supporting growth. Also, increased health consciousness in consumers is generating demand for oat based, multigrain, and reduced sugar items. The growing role of online retail and ongoing innovation in flavors also contribute partially to market growth.
Restraining Factors
The market is restrained from opportunities stemming from increased health concerns about sugar and processed food, resulting in some consumers reducing their intake. High competition within domestic and global brands exerts pressure on pricing and margins. The increasing costs of raw materials and food labeling regulations are a barrier to entry, particularly for new or smaller manufacturers, and limit their ability to derive new products.
Market Segmentation
The South Korea cookie and cracker market share is classified into product type and ingredient.
- The sweet cookies segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cookie and cracker market is segmented by product type into sweet cookies, savory crackers, filled c ookies, plain crackers, and others. Among these, the sweet cookies segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is a result of global consumer preference for indulgent, flavored treats across varying age groups and extensive availability in both retail and online options.
- The wheat segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea cookie and cracker market is segmented by ingredient into wheat, oats, multigrain, and others. Among these, the wheat segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Wheat-based cookies and crackers are popular with consumers, as they are affordable options people are familiar with. Meanwhile, oats and multigrain options are emerging with health-conscious consumers who are seeking nutritionally better meals through snacks.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cookie and cracker market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Mondelez International, Inc.
- Nestle S.A.
- Kellogg Company
- General Mills, Inc.
- The Hershey Company
- PepsiCo, Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Cookie and Cracker Market based on the below-mentioned segments:
South Korea Cookie and Cracker Market, By Product Type
- Sweet Cookies
- Savory Crackers
- Filled Cookies
- Plain Crackers
- Others
South Korea Cookie and Cracker Market, By Ingredient
- Wheat
- Oats
- Multigrain
- Others
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