South Korea Prepared Meals Market Outlook

the south korea prepared meals market has seen significant growth over the past decade, and this trend is expected to continue over the next decade. the market is estimated to expand at a cagr of 4.2% during 2018-2032. the demand for ready to eat meals has been increasing in the country due to the urbanization and working individuals who need convenient food as a solution to their time-poor lifestyle. as the ready meals are becoming increasingly available, customers can purchase a vast range of delicious prepared meals, including frozen meals, microwave meals, snacks, and pre-packed salads, from convenience stores, supermarkets, and online retailers. this has increased consumer convenience and transformed the south korean prepared meals market. the growing demand for gluten-free and organic food has been fueling the prepared meal market in south korea. companies are increasingly meeting the demands of health-conscious consumers with delicious and nutritious prepared meals. these meals range from traditional asian dishes such as bibimbap and gimbap to international cuisines such as italian pastas, revealing a noticeable increase in the diversity of products available to the public. the changing dietary habits of south korean consumers can be attributed to their increasing exposure to international cultures as well as the convenience and accessibility of prepared meals. eating out has become a norm in korea, and a wide variety of cuisine is available at reasonably priced restaurants. online food delivery services are also contributing to the growth of ready meals. the emergence of newfangled applications such as online food delivery services and convenience stores is transforming the landscape of the prepared meals market in the country. companies operating in this market are increasingly cashing on the benefits of technology and digitalization by making the ordering and delivery processes hassle-free and convenient for customers. the number of online orders and delivery services are expected to grow exponentially over the forecast period. in conclusion, the south korea prepared meals market will continue to remain profitable in the years to come, as demand for convenience is growing and technological advancements are creating opportunities to further improve convenience and accessibility.