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According to a report recently released by the Ministry of Agriculture, Forestry and Livestock Food and the Korea Agriculture and Fisheries Food Distribution
Corporation (aT), the size of the Korean fast food market has grown significantly by 145.
3% in four years .
From the perspective of shipments in 2020, the size of the Korean fast food market is 2.
0118 trillion won (about 10.
7 billion yuan), which is an increase of 18.
7% over 2019 and an increase of 145.
3% over 2016
.
The report pointed out that factors such as the increase in convenience stores, the increase in the demand for home dining under the epidemic, and the increase in the popularity of air fryers in households have promoted the expansion of the fast food market
.
0118 trillion won (about 10.
7 billion yuan), which is an increase of 18.
7% over 2019 and an increase of 145.
3% over 2016
.
The report pointed out that factors such as the increase in convenience stores, the increase in the demand for home dining under the epidemic, and the increase in the popularity of air fryers in households have promoted the expansion of the fast food market
.
In order to understand the types of fast food consumers prefer, the survey team conducted a survey on 500 consumers aged 20 to 69 who had purchased fast food in the past three months.
The results showed that 82.
8% of the respondents answered that they would buy "fast food".
Rice", the highest proportion
.
Followed by "curry, fried sauce, rice bowl sauce" (77.
4%), "soup" (75.
6%), "semi-finished lunch box" (63.
6%) and so on
.
The results showed that 82.
8% of the respondents answered that they would buy "fast food".
Rice", the highest proportion
.
Followed by "curry, fried sauce, rice bowl sauce" (77.
4%), "soup" (75.
6%), "semi-finished lunch box" (63.
6%) and so on
.
As for the type of fast food they like, 24.
8% of the respondents answered "products that can solve a meal", the highest proportion
.
22.
8% of the respondents answered "delicious and high-quality products", and 20.
2% of the respondents answered "packaged products from famous restaurants across the country"
.
8% of the respondents answered "products that can solve a meal", the highest proportion
.
22.
8% of the respondents answered "delicious and high-quality products", and 20.
2% of the respondents answered "packaged products from famous restaurants across the country"
.
In terms of exports, the export value of fast food in 2020 was US$34.
93 million, an increase of 35.
1% and 323.
1% over 2019 and 2016, respectively
.
It is worth mentioning that the export value of instant rice and spicy fried rice cakes increased by 53.
3% and 56.
7% year-on-year respectively
.
(Finish)
93 million, an increase of 35.
1% and 323.
1% over 2019 and 2016, respectively
.
It is worth mentioning that the export value of instant rice and spicy fried rice cakes increased by 53.
3% and 56.
7% year-on-year respectively
.
(Finish)
