South Korea Corned Beef Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Canned Corned Beef, Deli Sliced Corned Beef), By Packaging Type (Vacuum Sealed Packs, Canned Packaging), and South Korea Corned Beef Market Insights, Industry Trend, Forecasts to 2035

South Korea Corned Beef Market Insights Forecasts to 2035

• The South Korea Corned Beef Market size is Expected to Grow at a CAGR of around 4.2% from 2025 to 2035
• The South Korea Corned Beef Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Corned Beef Market is anticipated to grow at a CAGR of 4.2% from 2025 to 2035. The market is driven by growing interest in global flavors, convenient meal options, and its use in fusion dishes and gift sets, the South Korea corned beef market is steadily expanding.

Market Overview

The South Korea corned beef market refers to the importing, distributing, and consumption of beef products that are preserved, including canned corned beef and deli-sliced corned beef in the South Korean food industry. Corned beef is not a typical component of the South Korean household; however, it has since become a product associated (in limited applications) with a few appropriately bent dishes, (including budae jjigae) and made some sort of impact due to its presence in premium food gift boxes during Korean holiday seasons (Chuseok and Seollal). The consumer interest in global foods, retro foods, convenient meals and shelf-stable food (decreased time in preparation) is benefitting corned beef sales. Furthermore, due to urbanization, large distribution companies (i.e., grocery store retailers) are making corned beef and imported canned meat products more accessible to South Korean consumers. While corned beef faces competition from pork and seafood, it consistently secures a demographic of younger customers and foodservice accounts.

Report Coverage

This research report categorizes the market for the South Korea corned beef 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 corned beef 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 corned beef market.

Driving Factors

The South Korea corned beef market is driven by increased interest in carnivorous, global, and Western foods, with corned beef now being popularized in bouillon dishes - such as budae jjigae. Urbanization and consumer lifestyles have paved the way for greater demand for easy-to-prepare or ready-to-eat products, even in the meat category. Shelf stability is a major advantage of canned corned beef, as it is often designated for emergency food storage, and possibly seasonal gift sets. Exposure to international food trends through social media and increased travel provides additional support for growth in different market segments.

Restraining Factors

The South Korea corned beef market is constrained by low levels of consumer familiarity, a strong cultural preference for fresh meat, and the entrenched dominance of canned products based on pork or seafood. Health trends, consumer skepticism of processed meat supply chains also act as deterrents to demand, and the high reliance on imports causes exacerbation of price and supply chain issues.

Market Segmentation

The South Korea corned beef market share is classified into product type and packaging type.

• The canned corned beef segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea corned beef market is segmented by product type into canned corned beef and deli sliced corned beef. Among these, the canned corned beef segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to its pervasive use in home cooking and foodservice. Its relatively long shelf life (compared with some frozen products), and its inclusion in high-end food gift baskets.

• The canned packaging segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea corned beef market is segmented by packaging type into vacuum sealed packs and canned packaging. Among these, the canned packaging segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Canned packaging is still the most trusted and readily available form of package in supermarkets, convenience stores, and online shopping channels and is the most durable and easily storable food product available.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea corned beef 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

• Cargill
• Tyson Foods
• Hormel Foods Corporation
• Danish Crown
• JBS S.A.
• Kraft Heinz
• Conagra Brands
• 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 corned beef market based on the below-mentioned segments:

South Korea Corned Beef Market, By Product Type

• Canned Corned Beef
• Deli Sliced Corned Beef

South Korea Corned Beef Market, By Packaging Type

• Vacuum Sealed Packs
• Canned Packaging