South Korea Edible Nuts Market Size, Share, And COVID-19 Impact Analysis, By Type (Almonds, Cashews, Walnuts, and Hazelnuts), By Application (Snacks, Bakery, Dairy, and Beverages), and South Korea Edible Nuts Market Insights, Industry Trend, Forecasts To 2035
Industry: Food & BeveragesSouth Korea Edible Nuts Market Insights Forecasts to 2035
- The South Korea Edible Nuts Market size is Expected to Grow at a CAGR of around 6.7% from 2025 to 2035
- The South Korea Edible Nuts 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 Edible Nuts Market Size is anticipated to Grow at a CAGR of 6.7% from 2025 to 2035. The market is driven by rising health consciousness and increasing demand for plant-based protein and snacks. Growth in online retail and premium nut-based products further supports market expansion.
Market Overview
The market for edible nuts in South Korea is experiencing steady growth fueled by surging consumer awareness towards good health and well-being. Nuts are becoming more popular as a natural source of plant protein, healthy fats, and wholesome nutrients that make them a leading choice snack food for wellness-conscious consumers. The rapidly expanding trend towards healthy eating habits among urban and young consumers has fueled the appetite for premium almonds, walnuts, cashews, and other high-value nuts. Flavored and roasted types also gained popularity with shifting consumer tastes. Increasing online shops and online selling increased the distribution of nuts, and customers look for high-quality, simple-to-consume products. Moreover, uses in bakery, confectionery, and ready-to-eat foods drive growth. Supply is fulfilled through imports despite negligible local production, and value addition occurs with local packaging and branding. In general, the industry is expanding as nuts become a widespread feature of contemporary Korean diets and snacking.
Report Coverage
This research report categorizes the market for the South Korea edible nuts 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 edible nuts 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 edible nuts market.
South Korea Edible Nuts Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR of 6.7% |
Historical Data for: | 2020-2023 |
No. of Pages: | 245 |
Tables, Charts & Figures: | 102 |
Segments covered: | By Type and By Application |
Companies covered:: | Orion Corporation, Lotte Wellfood Co Ltd, Ottogi Corporation, Pulmuone Co Ltd, Sahmyook Foods, Global Nut Distributors, Olam International, Archer Daniels Midland, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
South Korea edible nuts market is driven by growing health consciousness and a growing demand for natural, high-calorie food items. Nuts are being added to diet by consumers for purposes such as heart health, weight control, and protein. Demand is also being fueled by the plant-based trend and functional snacking. Moreover, advances in flavoring, roasting, and packaging have emerged nuts as a more convenient and easily accessible form for more people. The rise of convenience-focused lifestyles and e-tailing even accelerates market growth in different consumer segments.
Restraining Factors
South Korea edible nuts market is constrained by high reliance on imports and thus vulnerability to global price variability and supply bottlenecks. In addition, rigorous food safety regulations cause added compliance costs for the suppliers. Consumer concerns regarding nut allergies and the relatively higher price of high-end nut products also constrain the higher uptake, particularly from price- and health-conscious consumer groups.
Market Segmentation
The South Korea Edible Nuts Market share is classified into type and application.
- The almonds segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea edible nuts market is segmented by type into almonds, cashews, walnuts, and hazelnuts. Among these, the almonds segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Almonds are the most common South Korean edible nuts. Almonds are so well-liked because of their crunchy texture and nutrient content in the form of fiber, protein, and fats. Almonds are utilized extensively in snacking, granola bars, bakery items, and even milk substitutes because of the pervasive taste and healthiness that they provide.
- The snacks segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea edible nuts market is segmented by application into snacks, bakery, dairy, and beverages. Among these, the snacks segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Nuts are widely consumed as a snack in South Korea, preferably roasted, salted, honey-glazed, or mixed. These ready-to-eat items are ideal for the busy consumer and are marketed as deprived of health compared to traditional processed foods. Nut packs in snack portions are particularly favored by supermarkets, convenience stores, and internet stores.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea edible nuts 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
- Orion Corporation
- Lotte Wellfood Co Ltd
- Ottogi Corporation
- Pulmuone Co Ltd
- Sahmyook Foods
- Global Nut Distributors
- Olam International
- Archer Daniels Midland
- 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 edible nuts market based on the below-mentioned segments:
South Korea Edible Nuts Market, By Type
- Almonds
- Cashews
- Walnuts
- Hazelnuts
South Korea Edible Nuts Market, By Application
- Snacks
- Bakery
- Dairy
- Beverages
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