South Korea Flavored Cold-Brew Coffee Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
The South Korea flavored cold-brew coffee market is rapidly growing, with an increasing number of consumers preferring this trendy beverage. Flavored cold-brew coffee is becoming a staple in cafes, restaurants, and even convenience stores across the country, largely due to its unique, smooth taste and refreshing qualities. The market demand is propelled by the shifting consumer preferences for high-quality, innovative coffee experiences. This article explores the types of flavored cold-brew coffee in South Korea and the industry's requirements to meet the evolving demands of the market.
Flavored cold-brew coffee in South Korea comes in a variety of tastes, ranging from sweet vanilla and caramel to more adventurous options like salted caramel, chocolate, and seasonal flavors like pumpkin spice. The key to the market's success is the smooth, less acidic taste of cold brew, which serves as a perfect base for infusions. The cold brewing process, which takes up to 24 hours, extracts a mellow and rich flavor, making it ideal for blending with flavorings without overpowering the coffee's natural richness.
South Korean consumers are increasingly looking for unique and premium coffee experiences, and this has pushed the demand for flavored cold-brew coffee even further. Specialty cafes and global coffee chains are capitalizing on this trend by introducing innovative options that cater to both the local palate and international coffee culture. Additionally, consumer preferences for health-conscious beverages have contributed to the rise of cold-brew coffee, which is often perceived as a healthier alternative due to its smoother taste and lower acidity compared to traditional hot-brew coffee.
Industries that manufacture flavored cold-brew coffee in South Korea face various challenges and requirements. For instance, maintaining the freshness and quality of cold brew over long periods is crucial. Manufacturers must invest in advanced brewing technology to ensure consistency in taste and texture across large batches. Packaging is also an important consideration, with eco-friendly and convenient designs being in high demand. Furthermore, the market's competitive nature requires constant innovation to meet consumer expectations and differentiate products from competitors.
As more companies enter the South Korean flavored cold-brew coffee market, the industry continues to evolve, with trends such as low-sugar, dairy-free, and functional beverages gaining popularity. This ongoing demand for customization and healthier options ensures that the market for flavored cold-brew coffee remains robust and poised for future growth.
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Lucky Jack
High Brew
Califia Farms
Wandering Bear Coffee
Nestlé
Red Thread Good
Stumptown
Villa Myriam
Grady’s
Slingshot Coffee Co
KonaRed
SToK
1degreeC
Mighty Monk
Starbucks
Julius Meinl
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Flavored Cold-Brew Coffee Market
Sweetened Flavored Cold-Brew Coffee
Unsweetened Flavored Cold-Brew Coffee
Vanilla Flavored Cold-Brew Coffee
Chocolate Flavored Cold-Brew Coffee
Cinnamon Flavored Cold-Brew Coffee
Hazelnut Flavored Cold-Brew Coffee
Caramel Flavored Cold-Brew Coffee
Mocha Flavored Cold-Brew Coffee
Supermarkets/Hypermarkets
Specialty Coffee Stores
Online Retailers
Convenience Stores
Glass Bottles
Cans
Plastic Bottles
Cartons
Young Adults (18-34 Years)
Adults (35-54 Years)
Seniors (55+ Years)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Flavored Cold-Brew Coffee Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Flavored Cold-Brew Coffee Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Flavored Cold-Brew Coffee Market, By Type
6. South Korea Flavored Cold-Brew Coffee Market, By Application
7. South Korea Flavored Cold-Brew Coffee Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Flavored Cold-Brew Coffee Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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