LIST OF CONTENTS AND TABLES
Transcription
LIST OF CONTENTS AND TABLES
WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY LIST OF CONTENTS AND TABLES Soft Drinks in South Korea - Industry Overview ............................................................................. 1 Executive Summary ........................................................................................................................ 1 Premiumisation Leads Healthy Growth ...................................................................................... 1 Health and Wellness Continues To Attract Consumers ............................................................. 1 Two Leading Companies Maintain Positions .............................................................................. 1 “sparkling” Becomes Popular ...................................................................................................... 1 Soft Drinks Will See Rapid Growth But Rapid Change .............................................................. 2 Key Trends and Developments ...................................................................................................... 2 Premiumisation Continues To Drive Growth .............................................................................. 2 “sparkling” Well Received by South Korean Consumers ........................................................... 3 Leading Players Remain in Strong Positions ............................................................................. 4 Specialist Coffee Shops the Entry Channel for Premium Soft Drinks ........................................ 5 Marketing Strategies Through Smartphones Become Active .................................................... 6 Market Data ..................................................................................................................................... 7 Table 1 Table 2 Table 3 Table 4 Table 5 Table 6 Table 7 Table 8 Table 9 Table 10 Table 11 Table 12 Table 13 Table 14 Table 15 Table 16 Table 17 Table 18 Table 19 Table 20 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: Volume 2005-2010 ......................................................................................... 7 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: % Volume Growth 2005-2010 ............................................................................ 7 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 20052010 ............................................................................................................... 7 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2005-2010 ......................................................................................... 7 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2010 .................................................................................................. 8 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2010 .................................................................................................. 8 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2010 ........... 8 Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2010 ...... 9 Off-trade Sales of Soft Drinks (as sold) by Category: Volume 20052010 ............................................................................................................... 9 Off-trade Sales of Soft Drinks (as sold) by Category: % Volume Growth 2005-2010 ......................................................................................... 9 Off-trade Sales of Soft Drinks by Category: Value 2005-2010 ..................... 9 Off-trade Sales of Soft Drinks by Category: % Value Growth 20052010 ............................................................................................................. 10 Company Shares of Off-trade Soft Drinks (as sold) by Volume 20062010 ............................................................................................................. 10 Brand Shares of Off-trade Soft Drinks (as sold) by Volume 2007-2010 ..... 11 Company Shares of Off-trade Soft Drinks (RTD) by Volume 20062010 ............................................................................................................. 12 Brand Shares of Off-trade Soft Drinks (RTD) by Volume 2007-2010 ......... 13 Company Shares of Off-trade Soft Drinks by Value 2006-2010 ................. 14 Brand Shares of Off-trade Soft Drinks by Value 2007-2010 ....................... 14 Off-trade Sales of Soft Drinks by Category and Distribution Format: % Analysis 2010 ............................................................................................... 15 Forecast Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: Volume 2010-2015 ....................................................................... 16 © Euromonitor International WWW.EUROMONITOR.COM Table 21 Table 22 Table 23 Table 24 Table 25 Table 26 Table 27 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: % Volume Growth 2010-2015 ...................................................... 17 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2010-2015 .......................................................................................... 17 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2010-2015 ............................................................................. 17 Forecast Off-trade Sales of Soft Drinks (as sold) by Category: Volume 2010-2015 .................................................................................................... 17 Forecast Off-trade Sales of Soft Drinks (as sold) by Category: % Volume Growth 2010-2015 .......................................................................... 18 Forecast Off-trade Sales of Soft Drinks by Category: Value 20102015 ............................................................................................................. 18 Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 2010-2015 .................................................................................................... 18 Appendix ....................................................................................................................................... 19 Fountain Sales in South Korea ................................................................................................. 19 Data ............................................................................................................................................... 19 Table 28 Table 29 Table 30 Table 31 Table 32 Table 33 Table 34 Table 35 Off-trade vs On-trade Fountain Sales of Soft Drinks: Volume 20052010 ............................................................................................................. 19 Off-trade vs On-trade Fountain Sales of Soft Drinks: % Volume Growth 2005-2010 ....................................................................................... 20 Off-trade vs On-trade Fountain Sales of Carbonates: Volume 20052010 ............................................................................................................. 20 Off-trade vs On-trade Fountain Sales of Carbonates: % Volume Growth 2005-2010 ....................................................................................... 20 Forecast Off-trade vs On-trade Fountain Sales of Soft Drinks: Volume 2010-2015 .................................................................................................... 21 Forecast Off-trade vs On-trade Fountain Sales of Soft Drinks: % Volume Growth 2010-2015 .......................................................................... 21 Forecast Off-trade vs On-trade Fountain Sales of Carbonates: Volume 2010-2015 ....................................................................................... 21 Forecast Off-trade vs On-trade Fountain Sales of Carbonates: % Volume Growth 2010-2015 .......................................................................... 22 Definitions...................................................................................................................................... 22 Summary 1 Research Sources ........................................................................................ 22 Soft Drinks in South Korea - Company Profiles ........................................................................... 25 Dong-a Otsuka Co Ltd in Soft Drinks (south Korea) .................................................................... 25 Strategic Direction ..................................................................................................................... 25 Key Facts................................................................................................................................... 25 Summary 2 Summary 3 Dong-A Otsuka Co Ltd: Key Facts............................................................... 25 Dong-A Otsuka Co Ltd: Operational Indicators ........................................... 25 Company Background............................................................................................................... 25 Production ................................................................................................................................. 26 Competitive Positioning............................................................................................................. 26 Summary 4 Dong-A Otsuka Co Ltd: Competitive Position 2010 .................................... 26 Haitai Beverage Co Ltd in Soft Drinks (south Korea) ................................................................... 27 Strategic Direction ..................................................................................................................... 27 Key Facts................................................................................................................................... 27 © Euromonitor International WWW.EUROMONITOR.COM Summary 5 Summary 6 SAMPLE REPORT FOR ILLUSTRATION ONLY Haitai Beverage Co Ltd: Key Facts.............................................................. 27 Haitai Beverage Co Ltd: Operational Indicators .......................................... 27 Company Background............................................................................................................... 27 Production ................................................................................................................................. 28 Summary 7 Haitai Beverage Co Ltd: Production Statistics 2010.................................... 28 Competitive Positioning............................................................................................................. 28 Summary 8 Haitai Beverage Co Ltd: Competitive Position 2010 ................................... 29 Lotte Chilsung Beverage Co Ltd in Soft Drinks (south Korea) ..................................................... 29 Strategic Direction ..................................................................................................................... 29 Key Facts................................................................................................................................... 29 Summary 9 Summary 10 Lotte Chilsung Beverage Co Ltd: Key Facts ............................................... 29 Lotte Chilsung Beverage Co Ltd: Operational Indicators ............................ 29 Company Background............................................................................................................... 30 Production ................................................................................................................................. 30 Summary 11 Lotte Chilsung Beverage Co Ltd: Production Statistics 2010 ..................... 30 Competitive Positioning............................................................................................................. 31 Summary 12 Lotte Chilsung Beverage Co Ltd: Competitive Position 2010 ..................... 31 Woongjin Food Co Ltd in Soft Drinks (south Korea) .................................................................... 31 Strategic Direction ..................................................................................................................... 31 Key Facts................................................................................................................................... 32 Summary 13 Summary 14 Woongjin Food Co Ltd: Key Facts ............................................................... 32 Woongjin Food Co Ltd: Operational Indicators ........................................... 32 Company Background............................................................................................................... 32 Production ................................................................................................................................. 32 Summary 15 Woongjin Food Co Ltd: Production Statistics 2010 ..................................... 33 Competitive Positioning............................................................................................................. 33 Summary 16 Woongjin Food Co Ltd: Competitive Position 2009 ..................................... 33 Bottled Water in South Korea - Category analysis ....................................................................... 34 Headlines ...................................................................................................................................... 34 Trends ........................................................................................................................................... 34 Competitive Landscape ................................................................................................................ 35 Prospects ...................................................................................................................................... 35 Category Data ............................................................................................................................... 36 Institutional Bottled Water Sales ............................................................................................... 36 Table 36 Table 37 Table 38 Table 39 Table 40 Table 41 Table 42 Table 43 Table 44 Table 45 Table 46 Sales of Bottled Water to Institutional Channel 2005-2010......................... 36 Off-trade Sales of Bottled Water: Volume 2005-2010 ................................. 36 Off-trade Sales of Bottled Water: Value 2005-2010 .................................... 37 Off-trade Sales of Bottled Water: % Volume Growth 2005-2010 ................ 37 Off-trade Sales of Bottled Water: % Value Growth 2005-2010 ................... 37 Company Shares of Bottled Water by Off-trade Volume 2006-2010 .......... 37 Brand Shares of Bottled Water by Off-trade Volume 2007-2010 ................ 38 Company Shares of Bottled Water by Off-trade Value 2006-2010 ............. 39 Brand Shares of Bottled Water by Off-trade Value 2007-2010 ................... 39 Forecast Off-trade Sales of Bottled Water: Volume 2010-2015.................. 40 Forecast Off-trade Sales of Bottled Water: Value 2010-2015 ..................... 40 © Euromonitor International WWW.EUROMONITOR.COM Table 47 Table 48 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade Sales of Bottled Water: % Volume Growth 20102015 ............................................................................................................. 40 Forecast Off-trade Sales of Bottled Water: % Value Growth 20102015 ............................................................................................................. 41 Carbonates in South Korea - Category analysis .......................................................................... 42 Headlines ...................................................................................................................................... 42 Trends ........................................................................................................................................... 42 Competitive Landscape ................................................................................................................ 43 Prospects ...................................................................................................................................... 43 Category Data ............................................................................................................................... 44 Table 49 Table 50 Table 51 Table 52 Table 53 Table 54 Table 55 Table 56 Table 57 Table 58 Table 59 Table 60 Table 61 Table 62 Table 63 Table 64 Table 65 Table 66 Low Calorie Carbonates by Subsector ........................................................ 44 Off-trade Sales of Carbonates by Category: Volume 2005-2010 ............... 44 Off-trade Sales of Carbonates by Category: Value 2005-2010 .................. 44 Off-trade Sales of Carbonates by Category: % Volume Growth 20052010 ............................................................................................................. 44 Off-trade Sales of Carbonates by Category: % Value Growth 20052010 ............................................................................................................. 45 On-trade vs Off-trade Sales of Carbonates: Volume 2005-2010 ................ 45 On-trade vs Off-trade Sales of Carbonates: Value 2005-2010 ................... 45 On-trade vs Off-trade Sales of Carbonates: % Volume Growth 20052010 ............................................................................................................. 46 On-trade vs Off-trade Sales of Carbonates: % Value Growth 20052010 ............................................................................................................. 46 Off-trade Sales of Low Calorie Cola Carbonates by Category: % Volume Breakdown 2005-2010 ................................................................... 46 Company Shares of Carbonates by Off-trade Volume 2006-2010 ............. 46 Brand Shares of Carbonates by Off-trade Volume 2007-2010 ................... 47 Company Shares of Carbonates by Off-trade Value 2006-2010 ................ 47 Brand Shares of Carbonates by Off-trade Value 2007-2010 ...................... 48 Forecast Off-trade Sales of Carbonates by Category: Volume 20102015 ............................................................................................................. 48 Forecast Off-trade Sales of Carbonates by Category: Value 20102015 ............................................................................................................. 49 Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 2010-2015 ....................................................................................... 49 Forecast Off-trade Sales of Carbonates by Category: % Value Growth 2010-2015 .................................................................................................... 49 Concentrates in South Korea - Category analysis ....................................................................... 51 Headlines ...................................................................................................................................... 51 Trends ........................................................................................................................................... 51 Competitive Landscape ................................................................................................................ 52 Prospects ...................................................................................................................................... 52 Category Data ............................................................................................................................... 52 Concentrates Conversions ........................................................................................................ 52 Table 67 Table 68 Table 69 Concentrates Conversion Factors for Ready-to-Drink (RTD) Format ......... 53 Off-trade Sales of Concentrates (as sold) by Category: Volume 20052010 ............................................................................................................. 53 Off-trade Sales of Concentrates (as sold) by Category: % Volume Growth 2005-2010 ....................................................................................... 53 © Euromonitor International WWW.EUROMONITOR.COM Table 70 Table 71 Table 72 Table 73 Table 74 Table 75 Table 76 Table 77 Table 78 Table 79 Table 80 Table 81 Table 82 Table 83 Table 84 Table 85 SAMPLE REPORT FOR ILLUSTRATION ONLY Off-trade Sales of Concentrates (RTD) by Category: Volume 20052010 ............................................................................................................. 53 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2005-2010 ....................................................................................... 53 Off-trade Sales of Concentrates by Category: Value 2005-2010................ 54 Off-trade Sales of Concentrates by Category: % Value Growth 20052010 ............................................................................................................. 54 Company Shares of Powder Concentrates (as sold) by Off-trade Volume 2006-2010 ....................................................................................... 54 Brand Shares of Powder Concentrates (as sold) by Off-trade Volume 2007-2010 .................................................................................................... 54 Company Shares of Concentrates (RTD) by Off-trade Volume 20062010 ............................................................................................................. 55 Brand Shares of Concentrates (RTD) by Off-trade Volume 2007-2010 ..... 55 Company Shares of Concentrates by Off-trade Value 2006-2010 ............. 55 Brand Shares of Concentrates by Off-trade Value 2007-2010 ................... 55 Forecast Off-trade Sales of Concentrates (as sold) by Category: Volume 2010-2015 ....................................................................................... 55 Forecast Off-trade Sales of Concentrates (as sold) by Category: % Volume Growth 2010-2015 .......................................................................... 56 Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 2010-2015 .................................................................................................... 56 Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2010-2015 .......................................................................... 56 Forecast Off-trade Sales of Concentrates by Category: Value 20102015 ............................................................................................................. 56 Forecast Off-trade Sales of Concentrates by Category: % Value Growth 2010-2015 ....................................................................................... 57 Fruit/vegetable Juice in South Korea - Category analysis ........................................................... 58 Headlines ...................................................................................................................................... 58 Trends ........................................................................................................................................... 58 Competitive Landscape ................................................................................................................ 59 Prospects ...................................................................................................................................... 59 Category Data ............................................................................................................................... 60 Table 86 Table 87 Table 88 Table 89 Table 90 Table 91 Table 92 Table 93 Table 94 Off-trade Sales of Fruit/Vegetable Juice by Category: Volume 20052010 ............................................................................................................. 60 Off-trade Sales of Fruit/Vegetable Juice by Category: Value 20052010 ............................................................................................................. 60 Off-trade Sales of Fruit/Vegetable Juice by Category: % Volume Growth 2005-2010 ....................................................................................... 61 Off-trade Sales of Fruit/Vegetable Juice by Category: % Value Growth 2005-2010 .................................................................................................... 61 Leading Flavours for 100% Juice: % Volume Breakdown 2005-2010 ........ 61 Leading Flavours for Nectars (25-99% Juice): % Volume Breakdown 2005-2010 .................................................................................................... 62 Leading Flavours for Juice Drinks (up to 24% Juice): % Volume Breakdown 2005-2010 ................................................................................. 62 % Share of Smoothies in 100% Juice and Nectars (25-99% Juice): Off-trade Value 2010.................................................................................... 62 Chilled Vs Ambient Reconstituted 100% Juice: % Analysis 2005-2010 ..... 63 © Euromonitor International WWW.EUROMONITOR.COM Table 95 Table 96 Table 97 Table 98 Table 99 Table 100 Table 101 Table 102 SAMPLE REPORT FOR ILLUSTRATION ONLY Company Shares of Fruit/Vegetable Juice by Off-trade Volume 20062010 ............................................................................................................. 63 Brand Shares of Fruit/Vegetable Juice by Off-trade Volume 20072010 ............................................................................................................. 63 Company Shares of Fruit/Vegetable Juice by Off-trade Value 20062010 ............................................................................................................. 64 Brand Shares of Fruit/Vegetable Juice by Off-trade Value 2007-2010 ....... 64 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: Volume 2010-2015 ....................................................................................... 65 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: Value 2010-2015 .................................................................................................... 66 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: % Volume Growth 2010-2015 .......................................................................... 66 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: % Value Growth 2010-2015 ............................................................................. 66 Rtd Coffee in South Korea - Category analysis............................................................................ 67 Headlines ...................................................................................................................................... 67 Trends ........................................................................................................................................... 67 Competitive Landscape ................................................................................................................ 68 Prospects ...................................................................................................................................... 68 Category Data ............................................................................................................................... 69 Table 103 Table 104 Table 105 Table 106 Table 107 Table 108 Table 109 Table 110 Table 111 Table 112 Table 113 Table 114 Off-trade Sales of RTD Coffee: Volume 2005-2010 .................................... 69 Off-trade Sales of RTD Coffee: Value 2005-2010 ....................................... 69 Off-trade Sales of RTD Coffee: % Volume Growth 2005-2010 ................... 69 Off-trade Sales of RTD Coffee: % Value Growth 2005-2010 ...................... 69 Company Shares of RTD Coffee by Off-trade Volume 2006-2010 ............. 70 Brand Shares of RTD Coffee by Off-trade Volume 2007-2010................... 70 Company Shares of RTD Coffee by Off-trade Value 2006-2010 ................ 70 Brand Shares of RTD Coffee by Off-trade Value 2007-2010 ...................... 71 Forecast Off-trade Sales of RTD Coffee: Volume 2010-2015 .................... 71 Forecast Off-trade Sales of RTD Coffee: Value 2010-2015 ....................... 72 Forecast Off-trade Sales of RTD Coffee: % Volume Growth 20102015 ............................................................................................................. 72 Forecast Off-trade Sales of RTD Coffee: % Value Growth 2010-2015 ...... 72 Rtd Tea in South Korea - Category analysis ................................................................................ 73 Headlines ...................................................................................................................................... 73 Trends ........................................................................................................................................... 73 Competitive Landscape ................................................................................................................ 74 Prospects ...................................................................................................................................... 74 Category Data ............................................................................................................................... 75 Table 115 Table 116 Table 117 Table 118 Table 119 Table 120 Table 121 Table 122 Off-trade Sales of RTD Tea by Category: Volume 2005-2010 ................... 75 Off-trade Sales of RTD Tea by Category: Value 2005-2010 ...................... 75 Off-trade Sales of RTD Tea by Category: % Volume Growth 20052010 ............................................................................................................. 75 Off-trade Sales of RTD Tea by Category: % Value Growth 2005-2010 ..... 76 Leading Flavours for RTD Tea: % Volume Breakdown 2006-2010 ............ 76 Company Shares of RTD Tea by Off-trade Volume 2006-2010 ................. 76 Brand Shares of RTD Tea by Off-trade Volume 2007-2010 ....................... 77 Company Shares of RTD Tea by Off-trade Value 2006-2010 .................... 77 © Euromonitor International WWW.EUROMONITOR.COM Table 123 Table 124 Table 125 Table 126 Table 127 SAMPLE REPORT FOR ILLUSTRATION ONLY Brand Shares of RTD Tea by Off-trade Value 2007-2010 .......................... 78 Forecast Off-trade Sales of RTD Tea by Category: Volume 20102015 ............................................................................................................. 78 Forecast Off-trade Sales of RTD Tea by Category: Value 2010-2015 ....... 79 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 2010-2015 .................................................................................................... 79 Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 2010-2015 .................................................................................................... 79 Sports and Energy Drinks in South Korea - Category analysis ................................................... 80 Headlines ...................................................................................................................................... 80 Trends ........................................................................................................................................... 80 Competitive Landscape ................................................................................................................ 81 Prospects ...................................................................................................................................... 81 Category Data ............................................................................................................................... 82 Table 128 Table 129 Table 130 Table 131 Table 132 Table 133 Table 134 Table 135 Table 136 Table 137 Table 138 Table 139 Table 140 Still vs Carbonated Sports and Energy Drinks % Off-trade Volume 2005-2010 .................................................................................................... 82 Off-trade Sales of Sports and Energy Drinks by Category: Volume 2005-2010 .................................................................................................... 82 Off-trade Sales of Sports and Energy Drinks by Category: Value 2005-2010 .................................................................................................... 82 Off-trade Sales of Sports and Energy Drinks by Category: % Volume Growth 2005-2010 ....................................................................................... 82 Off-trade Sales of Sports and Energy Drinks by Category: % Value Growth 2005-2010 ....................................................................................... 83 Company Shares of Sports and Energy Drinks by Off-trade Volume 2006-2010 .................................................................................................... 83 Brand Shares of Sports and Energy Drinks by Off-trade Volume 20072010 ............................................................................................................. 83 Company Shares of Sports and Energy Drinks by Off-trade Value 2006-2010 .................................................................................................... 83 Brand Shares of Sports and Energy Drinks by Off-trade Value 20072010 ............................................................................................................. 84 Forecast Off-trade Sales of Sports and Energy Drinks by Category: Volume 2010-2015 ....................................................................................... 84 Forecast Off-trade Sales of Sports and Energy Drinks by Category: Value 2010-2015 .......................................................................................... 84 Forecast Off-trade Sales of Sports and Energy Drinks by Category: % Volume Growth 2010-2015 .......................................................................... 85 Forecast Off-trade Sales of Sports and Energy Drinks by Category: % Value Growth 2010-2015 ............................................................................. 85 Asian Speciality Drinks in South Korea - Category analysis ........................................................ 86 Headlines ...................................................................................................................................... 86 Trends ........................................................................................................................................... 86 Competitive Landscape ................................................................................................................ 87 Prospects ...................................................................................................................................... 87 Category Data ............................................................................................................................... 88 Table 141 Off-trade Sales of Asian Speciality Drinks by Category: Volume 20052010 ............................................................................................................. 88 © Euromonitor International WWW.EUROMONITOR.COM Table 142 Table 143 Table 144 Table 145 Table 146 Table 147 Table 148 Table 149 Table 150 Table 151 Table 152 SAMPLE REPORT FOR ILLUSTRATION ONLY Off-trade Sales of Asian Speciality Drinks by Category: Value 20052010 ............................................................................................................. 88 Off-trade Sales of Asian Speciality Drinks by Category: % Volume Growth 2005-2010 ....................................................................................... 88 Off-trade Sales of Asian Speciality Drinks by Category: % Value Growth 2005-2010 ....................................................................................... 89 Company Shares of Asian Speciality Drinks by Off-trade Volume 2006-2010 .................................................................................................... 89 Brand Shares of Asian Speciality Drinks by Off-trade Volume 20072010 ............................................................................................................. 89 Company Shares of Asian Speciality Drinks by Off-trade Value 20062010 ............................................................................................................. 90 Brand Shares of Asian Speciality Drinks by Off-trade Value 20072010 ............................................................................................................. 91 Forecast Off-trade Sales of Asian Speciality Drinks by Category: Volume 2010-2015 ....................................................................................... 92 Forecast Off-trade Sales of Asian Speciality Drinks by Category: Value 2010-2015 .......................................................................................... 92 Forecast Off-trade Sales of Asian Speciality Drinks by Category: % Volume Growth 2010-2015 .......................................................................... 92 Forecast Off-trade Sales of Asian Speciality Drinks by Category: % Value Growth 2010-2015 ............................................................................. 93 © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY SOFT DRINKS IN SOUTH KOREA INDUSTRY OVERVIEW EXECUTIVE SUMMARY Premiumisation Leads Healthy Growth In 2010, soft drinks experienced healthy growth, registering a 6% increase in off-trade value sales and a 5% increase in off-trade volume sales, thanks to a premiumisation trend, especially within bottled water, fruit/vegetable juice, carbonates and RTD coffee. Imported and premium brands of bottled water, carbonated bottled water and fruit/vegetable juice recorded healthy growth rates. In the case of fruit/vegetable juice, the category continued to see declining volume sales but imported premium juice expanded its presence in South Korea. New flavours of carbonates and renewed brands without sugar and preservatives were also popular launches. However, RTD tea and Asian speciality drinks showed volume declines as they fell out of fashion. Health and Wellness Continues To Attract Consumers With the growing health and wellness trend, healthy concepts remained popular among South Korean consumers. In particular, various vitamins have been used to target different consumer groups and manufacturers have highlighted the varied functions of different vitamins in their products, targeting sophisticated South Korean consumers. Vitamin B has been marketed for its anti-ageing properties. Vitamin C and collagen remained among the favourite ingredients for skin health. At the same time, manufacturers tried to strengthen “healthy” brands through advertising, the shape of packaging and using brand names to appeal to a sophisticated South Korean consumer base. Two Leading Companies Maintain Positions Lotte Chilsung Beverage Co Ltd and Coca-Cola Korea Co maintained the two leading positions in 2010, accounting for a 48% combined share in off-trade value terms. Lotte Chilsung remained in the leading position with 33% of off-trade value sales in 2010. The company strengthened its product portfolio, launching premium fruit/vegetable juice and sports drinks and renewing its well-known carbonates and flavoured bottled water lines, recording a positive growth rate although a decline in share. Coca-Cola Korea also introduced a smaller version of its Coca-Cola brand, Mini Coke, which proved popular among younger consumers. “sparkling” Becomes Popular In 2010, “sparkling” was a popular concept within soft drinks. South Koreans generally perceive sparkling drinks to be less healthy, a traditional perception associated with carbonates. However, carbonates have seen continued positive growth since 2008, despite the health and wellness trend. Growing numbers of South Korean consumers looking for refreshing carbonated options in soft drinks have become apparent. New product developments, presented as sparkling versions of fruit/vegetable juice and RTD tea, were introduced during 2010. Carbonated bottled water experienced strong growth in 2010. Furthermore, manufacturers offered health-positioned drinks in a carbonated format to attract consumers who are sensitive to their health needs. © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Soft Drinks Will See Rapid Growth But Rapid Change Content removed from sample KEY TRENDS AND DEVELOPMENTS Premiumisation Continues To Drive Growth Content removed from sample Current Impact Content removed from sample Outlook Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample Future Impact Content removed from sample “sparkling” Well Received by South Korean Consumers Content removed from sample Current Impact Content removed from sample Outlook Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample Future Impact Content removed from sample Leading Players Remain in Strong Positions Content removed from sample Current Impact Content removed from sample Outlook Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample Future Impact Content removed from sample Specialist Coffee Shops the Entry Channel for Premium Soft Drinks Content removed from sample Current Impact Content removed from sample Outlook Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Future Impact Content removed from sample Marketing Strategies Through Smartphones Become Active Content removed from sample Current Impact Content removed from sample Outlook Content removed from sample Future Impact Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY MARKET DATA Table 1 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: Volume 2005-2010 million litres 2005 2006 OFF-trade ON-trade Total Source: Note: 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Table 2 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: % Volume Growth 2005-2010 % volume growth 2009/10 OFF-trade ON-trade Total Source: Note: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Table 3 Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 2005-2010 Won billion 2005 OFF-trade ON-trade Total Source: 2006 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 20052010 % current value growth 2009/10 OFF-trade ON-trade Total Source: 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International 2005/10 TOTAL WWW.EUROMONITOR.COM Table 5 SAMPLE REPORT FOR ILLUSTRATION ONLY Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: Volume 2010 million litres Off-trade Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: On-trade TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Table 6 Off-trade vs On-trade Sales of Soft Drinks (as sold) by Category: % Volume 2010 % volume analysis Off-trade Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: On-trade Total Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Table 7 Off-trade vs On-trade Sales of Soft Drinks by Category: Value 2010 Won billion Off-trade Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: On-trade Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International TOTAL WWW.EUROMONITOR.COM Table 8 SAMPLE REPORT FOR ILLUSTRATION ONLY Off-trade vs On-trade Sales of Soft Drinks by Category: % Value 2010 % value analysis Off-trade Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: On-trade Total Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Off-trade Sales of Soft Drinks (as sold) by Category: Volume 2005-2010 million litres 2005 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: 2006 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Table 10 Off-trade Sales of Soft Drinks (as sold) by Category: % Volume Growth 20052010 % volume growth 2009/10 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: Table 11 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Off-trade Sales of Soft Drinks by Category: Value 2005-2010 © Euromonitor International 2005/10 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Won billion 2005 2006 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Table 12 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Soft Drinks by Category: % Value Growth 2005-2010 % current value growth 2009/10 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Table 13 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Off-trade Soft Drinks (as sold) by Volume 2006-2010 % off-trade volume Company 2006 2007 Data removed from sample © Euromonitor International 2008 2009 2010 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: Note: Table 14 100.0 100.0 100.0 100.0 100.0 2009 2010 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Brand Shares of Off-trade Soft Drinks (as sold) by Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample © Euromonitor International 2008 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Total Source: Note: Table 15 100.0 100.0 100.0 100.0 2008 2009 2010 11.3 100.0 12.5 100.0 1 .1 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Excludes powder concentrates Company Shares of Off-trade Soft Drinks (RTD) by Volume 2006-2010 % off-trade volume Company 2006 2007 Data removed from sample Others Total © Euromonitor International 11.5 100.0 11. 100.0 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Source: Table 16 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Off-trade Soft Drinks (RTD) by Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample © Euromonitor International 2008 2009 2010 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: Table 17 100.0 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2009 2010 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Off-trade Soft Drinks by Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample Total Source: Table 18 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Off-trade Soft Drinks by Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample © Euromonitor International 2008 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Others Total Source: Table 19 20.0 100.0 19.8 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Soft Drinks by Category and Distribution Format: % Analysis 2010 © Euromonitor International 20.0 100.0 20. 100.0 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY % off-trade BW Store-Based Retailing Grocery Retailers Supermarkets/Hypermarkets Discounters Small Grocery Retailers Convenience Stores Independent Small Grocers Forecourt Retailers Other Grocery Retailers Non-Grocery Retailers Non-Store Retailing Vending Homeshopping Internet Retailing Direct Selling Total Store-Based Retailing Grocery Retailers Supermarkets/Hypermarkets Discounters Small Grocery Retailers Convenience Stores Independent Small Grocers Forecourt Retailers Other Grocery Retailers Non-Grocery Retailers Non-Store Retailing Vending Homeshopping Internet Retailing Direct Selling Total Source: Key: Note: C Con F/VJ RTD C RTD T Data removed from sample 100.0 100.0 SED ASD 100.0 100.0 100.0 100.0 Data removed from sample 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources BW = bottled water; C = carbonates; Con = concentrates; F/VJ = fruit/vegetable juice; RTD C = RTD coffee; RTD T = RTD tea; SED = sports and energy drinks; ASD = Asian speciality drinks Excludes powder concentrates Table 20 Forecast Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: Volume 2010-2015 million litres 2010 OFF-trade ON-trade Total Source: Note: 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Excludes powder concentrates © Euromonitor International 2014 2015 WWW.EUROMONITOR.COM Table 21 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade vs On-trade Sales of Soft Drinks (as sold) by Channel: % Volume Growth 2010-2015 % volume growth 2014/15 OFF-trade ON-trade Total Source: Note: 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Excludes powder concentrates Table 22 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: Value 20102015 Won billion 2010 2011 OFF-trade ON-trade Total Source: 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 23 Forecast Off-trade vs On-trade Sales of Soft Drinks by Channel: % Value Growth 2010-2015 % current value growth 2014/15 2010/15 TOTAL Data removed from sample OFF-trade ON-trade Total Source: 2010-15 CAGR Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 24 Forecast Off-trade Sales of Soft Drinks (as sold) by Category: Volume 20102015 million litres 2010 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Excludes powder concentrates © Euromonitor International 2014 2015 WWW.EUROMONITOR.COM Table 25 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade Sales of Soft Drinks (as sold) by Category: % Volume Growth 2010-2015 % volume growth 2014/15 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Note: 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Excludes powder concentrates Table 26 Forecast Off-trade Sales of Soft Drinks by Category: Value 2010-2015 Won billion 2010 Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Table 27 2011 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Soft Drinks by Category: % Value Growth 20102015 % constant value growth 2010-15 CAGR Bottled Water Carbonates Concentrates Fruit/Vegetable Juice RTD Coffee RTD Tea Sports and Energy Drinks Asian Speciality Drinks Soft Drinks Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM APPENDIX Fountain Sales in South Korea Trends Fountain sales continued positive growth in on-trade volume terms while fountain on-trade volume sales through convenience stores declined during 2010. In South Korea, most fountain sales occurred in the foodservice channel, which accounted for a 97% share of total fountain volume sales in 2010. Fountain sales through convenience stores tend to be subject to seasonality, with demand being higher in summer. As such, few convenience stores offer fountain sales for soft drinks in South Korea. In addition, most convenience stores are limited in their selling space, making it increasingly difficult to site the fountains on the premises. Only a small number around school zones tend to offer fountain sales. Content removed from sample DATA Table 28 Off-trade vs On-trade Fountain Sales of Soft Drinks: Volume 2005-2010 million litres 2005 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total © Euromonitor International 2006 2007 2008 Data removed from sample 2009 2010 WWW.EUROMONITOR.COM Source: Note: SAMPLE REPORT FOR ILLUSTRATION ONLY Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade Table 29 Off-trade vs On-trade Fountain Sales of Soft Drinks: % Volume Growth 20052010 % fountain volume growth 2009/10 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade Table 30 Off-trade vs On-trade Fountain Sales of Carbonates: Volume 2005-2010 million litres 2005 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: Table 31 2006 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade Off-trade vs On-trade Fountain Sales of Carbonates: % Volume Growth 20052010 % fountain volume growth 2009/10 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade © Euromonitor International 2005/10 TOTAL SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Table 32 Forecast Off-trade vs On-trade Fountain Sales of Soft Drinks: Volume 20102015 million litres 2010 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: 2011 2012 2013 2014 2015 Data removed from sample , , , , , , Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade Table 33 Forecast Off-trade vs On-trade Fountain Sales of Soft Drinks: % Volume Growth 2010-2015 % fountain volume growth 2014/15 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade Table 34 Forecast Off-trade vs On-trade Fountain Sales of Carbonates: Volume 20102015 million litres 2010 OFF-trade ON-trade Fountain ON-trade volume through c-store Fountain ON-trade volume through food store Total fountain ON-trade volume Total Source: Note: 2011 2012 2013 2015 2,586.1 2,612.6 Data removed from sample 2, 26.1 2, 88.2 2,523.8 2,556.8 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Total fountain on-trade volume data included in on-trade © Euromonitor International 2014 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY BOTTLED WATER IN SOUTH KOREA CATEGORY ANALYSIS HEADLINES In 2010, bottled water sees 9% total volume growth The health and wellness trend continues to drive premium bottled water growth in South Korea Carbonated bottled water records the strongest total volume growth at 26% in 2010 Average unit prices increase by 1% in 2010 Nong Shim Co Ltd continues to lead bottled water sales in value terms with a 17% off-trade value share Bottled water is expected to grow at a CAGR of 6% in total volume terms over the forecast period TRENDS In 2010, bottled water continued to register strong growth, rising by 9% in total volume terms, mainly thanks to the good performance of still bottled water and carbonated bottled water. While more South Korean consumers are becoming aware of the importance of water consumption, premium bottled water such as deep sea water and imported bottled water, from various countries, including Evian (Groupe Danone) and Fiji by Fiji Water LLC performed well. Still bottled water recorded 9% growth in total volume terms. Still bottled water is considered an important aspect of the non-alcoholic drinks industry. Historically, the major factor driving growth was consumers’ distrust of tap water. During 2009, more South Korean consumers switched to bottled water from RTD tea which is cheaper in terms of unit price. With the economic recovery in 2010, more South Korean consumers have started to look for premium bottled water with health claims, for example those that include the minerals of specific regions. In September 2010, the US premium water brand, Fiji by Fiji Water LLC was introduced in South Korea and it has shown very healthy growth in 2010. The average unit price of bottled water as a whole rose by 1% in 2010, although the unit price of still bottled water increased by 3%. This is because premiumisation strongly impacted this category; the Evian brand increased by 62% in off-trade sales value in 2010, and the premium bottled water Fiji was introduced in 2010. As increasing numbers of South Korean consumers have been to Europe and the US, the premium still bottled water category continued to grow, supported by those consumers. This trend contributed to the rise in unit price. Carbonated bottled water showed strong growth in 2010. Lotte Chilsung Beverage Co Ltd relaunched Trevi, which targets female consumers, with a special bottle design in 2010. As the leading company in soft drinks, Lotte Chilsung entered carbonated bottled water with a positive marketing campaign for its Trevi brand; this category is expected to increase rapidly. Total volume sales of carbonated bottled water increased at a CAGR of 38% over the review period and they are expected to increase at a CAGR of 14% during the forecast period. When compared to European countries and neighbouring Japan, the carbonated bottled water category in South Korea still very small, thus it has the potential to grow more. © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Functional bottled water continued to see a decline, falling by 8% in total volume terms due to the discontinuation of water containing amino acids. As water containing vitamins replaced amino acids water, vitamin water showed strong growth. Coca-Cola Korea Co introduced Glacéau VitaminWater in 2009, which stimulated some interest in the category. This brand registered 90% growth in 2010. COMPETITIVE LANDSCAPE In off-trade value terms, Nong Shim Co Ltd’s brand Cheju Samdasoo led the bottled water category with a share of 17% in 2010. Cheju Samdasoo is produced by the Jeju Provincial Development Corp in collaboration with Nong Shim and has maintained its leadership position as a result of its pure and clean positioning, using the clean image of Jeju Island during product promotion. In the context of the sweltering summer weather, the brand’s sales soared. In August 2010, its orders exceeded 2,600 tonnes per day, even though the average production capability was 1.8 million litres. In addition, Jeju Samdasoo was designated the official still bottled water for the 2010 G20 Seoul Summit. Content removed from sample PROSPECTS The bottled water category is expected to see sales rise at a CAGR of 6% in total volume terms over the forecast period. Premium water that includes minerals or is sourced from special locations, carbonated bottled water, and vitamin water will gain popularity among highincome consumers and young consumers who are sensitive changing trends. Young consumers have usually experienced foreign brands through travel or study abroad. As a result, they are familiar with imported premium bottled water brands, and some of them seek out certain brands in South Korea. This consumer base will support the expansion of premium imported brands in the domestic environment. © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample CATEGORY DATA Institutional Bottled Water Sales Institutional bottled water sales showed growth of 2% during 2010. The penetration of bottled water in institutions such as hospitals, universities and organisations has increased as growing numbers of consumers consider tap water to be unsafe in South Korea. Most institutional bottled water is ordered through contractors that offer cooling systems, which are supplied at the time of the water delivery. However, the growth of institutional bottled water sales is slowing as this segment has reached a level of maturity and the barrier to entry is high as the contractors are limited and they have strong distribution networks based on wellestablished relationships with institutions. Table 1 Sales of Bottled Water to Institutional Channel 2005-2010 Million litres 2005 2006 Sales % growth Source: 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews Table 2 Off-trade Sales of Bottled Water: Volume 2005-2010 million litres 2005 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: 2006 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM Table 3 SAMPLE REPORT FOR ILLUSTRATION ONLY Off-trade Sales of Bottled Water: Value 2005-2010 Won billion 2005 2006 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade Sales of Bottled Water: % Volume Growth 2005-2010 % volume growth 2009/10 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: Table 5 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Bottled Water: % Value Growth 2005-2010 % current value growth 2009/10 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: Table 6 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Bottled Water by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 Data removed from sample © Euromonitor International 2008 2009 2010 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: Table 7 100.0 100.0 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Bottled Water by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample Total © Euromonitor International 100.0 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Source: Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 8 Company Shares of Bottled Water by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2009 2010 Data removed from sample Total Source: Table 9 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Bottled Water by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample © Euromonitor International 2008 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Total Source: 100.0 100.0 100.0 100.0 2014 2015 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 10 Forecast Off-trade Sales of Bottled Water: Volume 2010-2015 million litres 2010 2011 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 11 Forecast Off-trade Sales of Bottled Water: Value 2010-2015 Won billion 2010 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: Table 12 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Bottled Water: % Volume Growth 2010-2015 © Euromonitor International 2014 2015 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY % volume growth 2014/15 Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: Table 13 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Bottled Water: % Value Growth 2010-2015 % constant value growth 2010-15 CAGR Carbonated Bottled Water Flavoured Bottled Water Functional Bottled Water Still Bottled Water Bottled Water Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY CARBONATES IN SOUTH KOREA CATEGORY ANALYSIS HEADLINES Sales increase by 2% in total volume terms and by 5% in total value terms in 2010 Manufacturers introduce new concept of carbonates including natural ingredients to capitalise on the well-being trend Non juice-based lemonade/lime category registers the fastest growth in 2010, by 6% in total current value terms and 4% in total volume terms The average unit price of carbonates increases by 2% in total current value terms in 2010 Lotte Chilsung Beverage Co Ltd leads in off-trade value terms with a 45% share in 2010 Carbonates sales are expected to increase at a CAGR of 1% total constant value terms and 2% in total volume terms TRENDS In 2010, products within the carbonates category were re-evaluated by consumers, thanks to the introduction of unique concepts. Manufacturers started to add health positioning to carbonates, a strategy which appealed to South Korean consumers during 2010. Dong-A Otsuka Co Ltd introduced a new version of its Oran-C brand in late 2009, and it was well accepted by consumers. New Oran-C included 100mg of vitamin C per 100ml and the company used natural fruit juice instead of artificial ingredients. With the increasing concern over health and wellness, more manufacturers have introduced carbonates with added fruit juice in a bid to sustain consumer interest and stem decline. Woongjin Food Co Ltd introduced two new juice-based carbonates in 2010, adding tomato and aloe juice extracts, under the new brand name of O’clock. Health and weight management was still the hot issue in South Korea. Male and female celebrities with fit and attractive bodies have been under the spotlight and the trend has spread among South Korean consumers. Manufacturers introduced low calorie products, through reducing sugar, as a response to this trend. Dong-A Otsuka Co Ltd re-launched a non juice-based lemonade/lime brand, Narangde, in 2010 with zero calories and no artificial colouring, which gained popularity during the year. In 2010, on-trade fountain sales of carbonates continued to grow in volume terms, reflecting the increasing numbers of young consumers who frequently enjoy leisure and cultural activities. Full-service restaurants offering Western foods in South Korea, which recorded declining sales in 2009, returned to healthy growth in 2010 with special marketing strategies to attract young consumers. North American full-service restaurants and casual concept European full-service restaurants have seen positive growth in 2010. TGI Friday’s showed a 10% growth rate and opened three more outlets in 2010. As most North American full-service restaurants are returning to healthy performances in 2010, fountain sales in the foodservice channel continued to expand. Average unit price of carbonates at the total level increased by 2% in 2010. This was largely due to the higher prices of carbonates with reduced calories and carbonates with no artificial ingredients. © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM COMPETITIVE LANDSCAPE Lotte Chilsung Beverage Co Ltd maintained its leading position in carbonates in 2010 with a 45% share of off-trade value sales. Since LG Household and Health Care Co Ltd acquired Coca-Cola Korea Bottling Co Ltd in 2008, the parent company has supported its brands with marketing efforts and a strong distribution network. Thanks to the support, Coca-Cola Korea Co continued to see healthy growth of 6% in off-trade value sales during in 2010. Its value share also saw a marginal increase to 39%. Content removed from sample PROSPECTS Carbonates sales are expected to increase at a CAGR of 1% in total constant value terms and 2% in total volume terms over the forecast period. Cola, non-cola, and other non-cola carbonates will continue to show positive growth, while mixers and orange carbonates will continue to decrease at a constant value CAGR 3% and 2% respectively over the forecast period. Given the new launch of various flavours including chocolate flavour by Haitai Beverage Co Ltd as the brand expansion of Sunny Ten and tomato and aloe flavour by Woongjin Food Co Ltd in 2010, carbonates category is expected to see more activity on this front over the forecast period. Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY presence of private label products is expected to bring down average unit prices over the forecast period. CATEGORY DATA Table 1 Low Calorie Carbonates by Subsector % total volume 2005 2006 Cola carbonates Source: 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews Table 2 Off-trade Sales of Carbonates by Category: Volume 2005-2010 million litres 2005 2006 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of Carbonates by Category: Value 2005-2010 Won billion 2005 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: Table 4 2006 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Carbonates by Category: % Volume Growth 2005-2010 © Euromonitor International 2009 2010 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY % volume growth 2009/10 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 5 Off-trade Sales of Carbonates by Category: % Value Growth 2005-2010 % current value growth 2009/10 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 6 On-trade vs Off-trade Sales of Carbonates: Volume 2005-2010 million litres 2005 2006 2008 2009 2010 2009 2010 Data removed from sample OFF-trade ON-trade Total Source: 2007 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 7 On-trade vs Off-trade Sales of Carbonates: Value 2005-2010 Won billion 2005 OFF-trade ON-trade Total Source: 2006 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM Table 8 SAMPLE REPORT FOR ILLUSTRATION ON LY On-trade vs Off-trade Sales of Carbonates: % Volume Growth 2005-2010 % volume growth 2009/10 2005/10 TOTAL Data removed from sample OFF-trade ON-trade Total Source: 2005-10 CAGR Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 On-trade vs Off-trade Sales of Carbonates: % Value Growth 2005-2010 % current value growth 2009/10 OFF-trade ON-trade Total Source: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 10 Off-trade Sales of Low Calorie Cola Carbonates by Category: % Volume Breakdown 2005-2010 % volume 2005 2006 - Low Calorie Cola Carbonates -- Standard Low Calorie Cola -- Speciality Low Calorie Cola Source: Table 11 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Carbonates by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 Data removed from sample Total Source: 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM Table 12 Brand Shares of Carbonates by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 2008 2009 2010 .2 100.0 .0 100.0 .2 100.0 2008 2009 2010 100.0 100.0 100.0 Data removed from sample Others Total Source: Table 13 3.7 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Carbonates by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample Total © Euromonitor International 100.0 100.0 SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM Source: Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 14 Brand Shares of Carbonates by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 2008 2009 2010 100.0 100.0 100.0 2014 2015 Data removed from sample Total Source: 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 15 Forecast Off-trade Sales of Carbonates by Category: Volume 2010-2015 million litres 2010 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates © Euromonitor International 2011 2012 2013 Data removed from sample WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 16 Forecast Off-trade Sales of Carbonates by Category: Value 2010-2015 Won billion 2010 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: 2011 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 17 Forecast Off-trade Sales of Carbonates by Category: % Volume Growth 20102015 % volume growth 2014/15 Cola Carbonates - Regular Cola Carbonates - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: Table 18 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Carbonates by Category: % Value Growth 20102015 % constant value growth 2010-15 CAGR Cola Carbonates - Regular Cola Carbonates © Euromonitor International 2010/15 TOTAL Data removed from sample WWW.EUROMONITOR.COM - Low Calorie Cola Carbonates Non-Cola Carbonates - Lemonade/Lime - Mixers - Orange Carbonates - Other Non-Cola Carbonates Carbonates Source: SAMPLE REPORT FOR ILLUSTRATION ON LY Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY CONCENTRATES IN SOUTH KOREA CATEGORY ANALYSIS HEADLINES Concentrates sees off-trade value sales grow by 8% in 2010 to reach Won57 billion Powder concentrates with reduced sugar and low calorie content are popular under the health and wellness trend Liquid concentrates registers the fastest sales growth in 2010, rising by 8% in off-trade value terms, while off-trade value sales of powder concentrates increase by 4% The average unit price increases by 3% in 2010, mainly due to the launch of new premium products While Unilever Korea Co Ltd dominates powder concentrates with a 73% value share, the competitive landscape of the concentrates category as a whole is highly fragmented in 2010 Over the forecast period, the liquid concentrates category is expected to grow at a CAGR of 3% in constant off-trade value terms TRENDS Concentrates showed healthy growth in 2010 in both powder and liquid concentrates, with an overall rise of 8% in off-trade value sales. Liquid concentrates showed faster growth than powder concentrates. With increasing concerns about health, consumers enjoyed liquid concentrates as nutritional supplements. Grape, balloon flower roots and plum concentrates were perceived as nutritional supplements for health instead of drinks by consumers; most of these products are available in liquid format rather than powder in South Korea. These products are produced from diverse provinces, with some brands only distributed in certain regions. Therefore, players remained fragmented in liquid concentrates, with the category seeing a rise of 4% in RTD volume terms. Powder concentrates saw increased RTD volume sales despite the fact that most South Korean consumers were wary of drinking powder concentrates due to their high calorie and sugar content. However, manufacturers introduced new health-positioned powder concentrates with less sugar and without artificial colouring; these new products attracted consumers in 2010. For example, Dongsuh Foods Co Ltd launched a new powder concentrate ice tea brand called Tio, whose reduced sugar content was achieved by adding oligosaccharides and xilitol. The company also emphasised that it did not use artificial colouring in this brand. It aims to challenge the domination of Unilever Korea Co Ltd within the powder concentrates category with its wellness-concept brand. In the response, however, Unilever Korea Co Ltd launched an apple-flavoured powder concentrate. Following these new product developments, powder concentrates showed slightly better total volume growth in 2010 than in 2009, rising by 2%. With the continuing popularity of vinegar concentrates, known for their invigorating and antiageing effects among older people, liquid concentrates continued to register healthy 4% total RTD volume growth in 2010. Although manufacturers are not undertaking aggressive marketing promotions, more South Korean consumers became aware of the health benefits of vinegar drinks and liquid concentrates continued to register a good performance in 2010. © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM COMPETITIVE LANDSCAPE Within powder concentrates, Unilever Korea Co Ltd maintained its leading position with a 73% share of off-trade volume and value sales in 2010, followed by Nestlé Korea Ltd which held an off-trade volume and value share of 1%. Due to the introduction of new products by domestic companies, the dominant foreign brands lost value share, while the share of “others” within powder concentrates rose by two percentage points in 2010. Content removed from sample PROSPECTS Over the forecast period, total volume sales of liquid concentrates are expected to grow at a CAGR of 3%. As health-conscious consumption drives the liquid concentrates category, new products with healthy ingredients are likely to continue to be introduced during the forecast period. As major food companies are focusing their attention on liquid concentrates, this category is likely to see faster growth than powder concentrates. However, the growth rate is expected to slow down over the course of the forecast period as the category becomes more mature. Content removed from sample CATEGORY DATA Concentrates Conversions Powder concentrates are mostly consumed with a ratio of 1kg to 10 litres in South Korea. Most liquid concentrates are produced using fruits known to have health benefits. Plum is the most popular liquid concentrate flavour, perceived to be beneficial to those suffering with stomach ache; however vinegar liquid concentrate held the majority share of liquid concentrates sales, with the major food companies being active in this category. Vinegar concentrates are consumed in a ratio of 1:1, 1:2 or 1:3. Fruit-based liquid concentrates are mostly consumed in a 1:4 format in South Korea. © Euromonitor International WWW.EUROMONITOR.COM Table 1 SAMPLE REPORT FOR ILLUSTRATION ONLY Concentrates Conversion Factors for Ready-to-Drink (RTD) Format Powder concentrates Liquid concentrates Source: 1 kg = 10 litres 1 litre = 4 litres Euromonitor International Table 2 Off-trade Sales of Concentrates (as sold) by Category: Volume 2005-2010 2005 2006 Liquid Concentrates (million litres) Powder Concentrates (Tonnes) Concentrates (million litres) Source: Note: 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Totals exclude powder concentrates Table 3 Off-trade Sales of Concentrates (as sold) by Category: % Volume Growth 2005-2010 % volume growth 2009/10 Note: 2005/10 TOTAL Data removed from sample Liquid Concentrates Powder Concentrates Concentrates Source: 2005-10 CAGR Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Totals exclude powder concentrates Table 4 Off-trade Sales of Concentrates (RTD) by Category: Volume 2005-2010 million litres 2005 Liquid Concentrates Powder Concentrates Concentrates Source: 2006 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 5 Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 20052010 % volume growth 2009/10 Liquid Concentrates Powder Concentrates Concentrates © Euromonitor International 2005-10 CAGR 2005/10 TOTAL Data removed from sample SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Source: Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 6 Off-trade Sales of Concentrates by Category: Value 2005-2010 Won billion 2005 2006 Liquid Concentrates Powder Concentrates Concentrates Source: Table 7 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Concentrates by Category: % Value Growth 2005-2010 % current value growth 2009/10 Liquid Concentrates Powder Concentrates Concentrates Source: Table 8 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Powder Concentrates (as sold) by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 Data removed from sample Total Source: Table 9 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Powder Concentrates (as sold) by Off-trade Volume 20072010 % off-trade volume Brand Company 2007 Data removed from sample Total Source: 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Table 10 Company Shares of Concentrates (RTD) by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2014 2015 Data removed from sample Total Source: Table 11 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Concentrates (RTD) by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample Total Source: Table 12 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Concentrates by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample Total Source: Table 13 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Concentrates by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample Total Source: Table 14 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Forecast Off-trade Sales of Concentrates (as sold) by Category: Volume 2010-2015 2010 © Euromonitor International 2011 2012 2013 WWW.EUROMONITOR.COM Liquid Concentrates (million litres) Powder Concentrates (Tonnes) Concentrates (million litres) Source: Note: SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample 6.2 6. 6.6 6.8 7.0 7.2 Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Totals exclude powder concentrates Table 15 Forecast Off-trade Sales of Concentrates (as sold) by Category: % Volume Growth 2010-2015 % volume growth 2014/15 Liquid Concentrates Powder Concentrates Concentrates Source: Note: 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Totals exclude powder concentrates Table 16 Forecast Off-trade Sales of Concentrates (RTD) by Category: Volume 20102015 million litres 2010 2011 2013 2014 2015 Data removed from sample Liquid Concentrates Powder Concentrates Concentrates Source: 2012 Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 17 Forecast Off-trade Sales of Concentrates (RTD) by Category: % Volume Growth 2010-2015 % volume growth 2014/15 Liquid Concentrates Powder Concentrates Concentrates Source: 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 18 Forecast Off-trade Sales of Concentrates by Category: Value 2010-2015 Won billion 2010 Liquid Concentrates © Euromonitor International 2011 2012 2013 Data removed from sample 2014 2015 WWW.EUROMONITOR.COM Powder Concentrates Concentrates Source: Table 19 SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Concentrates by Category: % Value Growth 20102015 % constant value growth 2010-15 CAGR Liquid Concentrates Powder Concentrates Concentrates Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY FRUIT/VEGETABLE JUICE IN SOUTH KOREA - CATEGORY ANALYSIS HEADLINES In 2010, sales increase by 1% in total current value terms and decrease by 2% in total volume terms Growth of chilled premium fruit/vegetable juice puts a brake on the overall decline in total fruit/vegetable juice sales Juice drinks excluding Asian posts the strongest performance, with sales rising by 5% in total value terms Average unit prices increase by 3% in 2010 in total value terms Lotte Chilsung Beverage Co Ltd maintains leading position with off-trade value share of 39% in 2010 Fruit/vegetable juice sales are expected to decline at a CAGR of 1% in total value and total volume terms over the forecast period TRENDS The premiumisation of fruit/vegetable juice accelerated in 2010 though fruit/vegetable juice market continued declining in 2010. Since 2004, the category has seen sales decline; however more fruit/vegetable juice manufacturers introduced chilled juices under reconstituted 100% juice in 2010. Chilled juices have been taking the place of existing fruit/vegetable juice, to account for an 11% share in terms of off-trade volume sales in 2010. Given the health and wellness trend, consumers preferred more natural fruit/vegetable juice and manufacturers also introduced various flavours of chilled fruit/vegetable juice to meet consumer demand. While general consumers’ preference for lighter and lower calorie drinks will bring continued market declining in fruit/vegetable juice in South Korea, chilled 100% fruit/vegetable juice will continue appealing to more health conscious South Korean consumers. With the popularity of chilled 100% juice in South Korea, the leading soft drinks manufacturer, Lotte Chilsung Beverage Co Ltd, renewed its Del Monte Cold brand, adding the flavour of Cheju Tangerine, which used to be sold as unfrozen nectar containing only 50% juice. The renewed Del Monte Cold is available through most grocery retailers, however the larger 950ml and 1.89-litre packs are mainly distributed through supermarkets/hypermarkets, while smaller 235ml packs tend to be distr buted through convenience stores. Every year since 2005, Asian juice drinks has seen a double-digit decline. The most popular flavours in Asian juice drinks in South Korea are plum juice and aloe juice. As more consumers become aware that these products contain high levels of sugar, diet-conscious consumers have shifted away from these products. With these trends, there have been no significant new product developments and the Asian juice drinks category is expected to continue its negative direction during the forecast period. Average unit prices increased by 3% in 2010 in total value terms, mainly due to a process of premiumisation. While most 100% juice is from reconstituted 100% juice, more South Korean © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM consumers look for better tasting juice and manufacturers have actively expanded chilled reconstituted 100% juice products during 2010. COMPETITIVE LANDSCAPE Lotte Chilsung Beverage Co Ltd maintained its leading position in fruit/vegetable juice in 2010 with a 39% off-trade value share. Reflecting the overall decline in the fruit/vegetable juice category, the company saw its volume and value sales decline in 2010. In addition, as competition in the chilled juice segment became intense, the company’s value and volume share in fruit/vegetable juice was reduced by new manufacturers. In particular, the company showed a weak performance in juice drinks (up to 24% juice), with the continuing decline of Asian juice drinks in 2010. Due to the weak performance of Asian juice drinks, the company gradually discontinued their brands since 2008. Content removed from sample PROSPECTS Although there is increasing demand for premium fruit/vegetable juice in South Korea, the category overall is not likely to recover to show positive growth during forecast period, with an annual 1% decline in off-trade value and volume sales expected. While fruit/vegetable juice is considered to be a healthy drink, because of its sometimes high sugar content, diet-conscious South Korean consumers still try to avoid it. Unless there are new products in development which appeal to young female consumers in their 20s and 30s, the negative performance is expected to continue. Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY Content removed from sample CATEGORY DATA Table 1 Off-trade Sales of Fruit/Vegetable Juice by Category: Volume 2005-2010 million litres 2005 100% Juice - Frozen 100% Juice - Not from Concentrate 100% Juice - Reconstituted 100% Juice Juice Drinks (up to 24% Juice) - Asian Juice Drinks - Frozen Juice Drinks - Juice Drinks Excluding Asian Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) - Frozen Nectars - Unfrozen Nectars Fruit/Vegetable Juice Source: 2006 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 2 Off-trade Sales of Fruit/Vegetable Juice by Category: Value 2005-2010 Won billion 2005 100% Juice - Frozen 100% Juice - Not from Concentrate 100% Juice - Reconstituted 100% Juice Juice Drinks (up to 24% Juice) - Asian Juice Drinks - Frozen Juice Drinks - Juice Drinks Excluding Asian Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) © Euromonitor International 2006 2007 2008 Data removed from sample SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM - Frozen Nectars - Unfrozen Nectars Fruit/Vegetable Juice Source: Data removed from sample , Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of Fruit/Vegetable Juice by Category: % Volume Growth 2005-2010 % volume growth 2009/10 100% Juice - Frozen 100% Juice - Not from Concentrate 100% Juice - Reconstituted 100% Juice Juice Drinks (up to 24% Juice) - Asian Juice Drinks - Frozen Juice Drinks - Juice Drinks Excluding Asian Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) - Frozen Nectars - Unfrozen Nectars Fruit/Vegetable Juice Source: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade Sales of Fruit/Vegetable Juice by Category: % Value Growth 20052010 % current value growth 2009/10 100% Juice - Frozen 100% Juice - Not from Concentrate 100% Juice - Reconstituted 100% Juice Juice Drinks (up to 24% Juice) - Asian Juice Drinks - Frozen Juice Drinks - Juice Drinks Excluding Asian Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) - Frozen Nectars - Unfrozen Nectars Fruit/Vegetable Juice Source: 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 5 Leading Flavours for 100% Juice: % Volume Breakdown 2005-2010 % retail volume © Euromonitor International 2005/10 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY 2005 Apple Carrot Grape Orange Tomato Vegetable Other flavours Total Source: 2006 2007 2008 2009 2010 100.0 100.0 2009 2010 100.0 100.0 2009 2010 100.0 100.0 Data removed from sample 100.0 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 6 Leading Flavours for Nectars (25-99% Juice): % Volume Breakdown 20052010 % retail volume 2005 Grape Mango Orange Tangerine Tomato Other flavours Total Source: 2006 2007 2008 Data removed from sample 100.0 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 7 Leading Flavours for Juice Drinks (up to 24% Juice): % Volume Breakdown 2005-2010 % retail volume 2005 Grape Guava Lemon Orange Plum Pomegranate Other flavours Total Source: 2006 2007 2008 Data removed from sample 100.0 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 8 % Share of Smoothies in 100% Juice and Nectars (25-99% Juice): Off-trade Value 2010 % value analysis Smoothies 100% Juice Nectars (25-99% Juice) © Euromonitor International Others Data removed from sample Total SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM Source: Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Chilled Vs Ambient Reconstituted 100% Juice: % Analysis 2005-2010 % retail volume 2005 2006 Table 10 2008 2009 2010 2008 2009 2010 100.0 100.0 100.0 2009 2010 Data removed from sample Chilled Juices Ambient Juices Total Source: 2007 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Fruit/Vegetable Juice by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 Data removed from sample Total Source: Table 11 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Fruit/Vegetable Juice by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample © Euromonitor International 2008 SAMPLE REPORT FOR ILLUSTRATION ON LY WWW.EUROMONITOR.COM Data removed from sample Total Source: Table 12 100.0 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2009 2010 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Fruit/Vegetable Juice by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample Total Source: Table 13 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Fruit/Vegetable Juice by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample © Euromonitor International 2008 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ON LY Data removed from sample Total Source: 100.0 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 14 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: Volume 20102015 million litres 2010 100% Juice Juice Drinks (up to 24% Juice) Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) Fruit/Vegetable Juice © Euromonitor International 2011 2012 2013 Data removed from sample 2014 2015 WWW.EUROMONITOR.COM Source: SAMPLE REPORT FOR ILLUSTRATION ON LY Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 15 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: Value 20102015 Won billion 2010 100% Juice Juice Drinks (up to 24% Juice) Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) Fruit/Vegetable Juice Source: 2011 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 16 Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: % Volume Growth 2010-2015 % volume growth 2014/15 100% Juice Juice Drinks (up to 24% Juice) Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) Fruit/Vegetable Juice Source: Table 17 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Fruit/Vegetable Juice by Category: % Value Growth 2010-2015 % constant value growth 2010-15 CAGR 100% Juice Juice Drinks (up to 24% Juice) Fruit-Flavoured Drinks (No Juice Content) Nectars (25-99% Juice) Fruit/Vegetable Juice Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY RTD COFFEE IN SOUTH KOREA CATEGORY ANALYSIS HEADLINES Sales of RTD coffee increase by 7% in total volume terms in 2010 Based on the popularity of specialist coffee shops’ brands in the retail channel, RTD coffee shows a strong performance Sales increase by 11% in off-trade value terms in 2010 Average unit prices increase by 4% in 2010, mainly as a result of the premiumisation trend within the category Lotte Chilsung Beverage Co Ltd continues to lead the category with a 40% value share in 2010 RTD coffee is expected to see both total volume and constant value sales grow at a CAGR of 6% over the forecast period TRENDS RTD coffee continued to register healthy growth, with total volume sales rising by 7% in 2010. While specialist coffee shops grew in popularity during 2010, RTD coffee has been premiumised and performed very well. As RTD coffee manufacturers actively introduced premium RTD coffee products, specialist coffee shop operators also expanded their presence in RTD coffee; this trend started with Starbucks in 2007 which expanded into local specialist coffee brands, while Angel-in-us Coffee by Lotteria Co Ltd and Café Bene by Café Bene Co Ltd also introduced their branded RTD coffees in 2010 and earned popularity among South Korean consumers. The unit price of RTD coffee increased by 4% in 2010, being impacted by the premiumisation through specialist coffee shop brands. Previously, the unit price of canned RTD coffee, such as Let’s Be (Lotte Chilsung Beverage Co Ltd), was around Won650 per 175ml pack, while mid-premium RTD coffee was priced at around Won1,200 per 200ml pack, including French Café Cappuccino (offered in cup format) by Namyang Dairy Products Co Ltd and Caffé Latte Barista Smokey by Maeil Dairy Industry Co Ltd, which entered the category in the early 2000s in South Korea. In 2010, however, the unit price of some RTD coffee increased to more than Won1,500 for a 200ml pack, as was the case with Cantata Original Sweet Black by Lotte Chilsung and Starbucks Discoveries Espresso - Milano by Seoul Dairy Cooperative Co Ltd. These high prices are the result of the use of high quality coffee beans, which come with a premium price tag. Chained specialist coffee shop-branded RTD coffee, including Starbucks, Café Bene and Angel-in-us Coffee showed strong performance in 2010. Most of these specialist coffee shops are working with packaged food manufacturers, which produce the RTD coffee, having distribution agreements that place the brands in the retail environment. Starbucks has an agreement with Dongsuh Foods Co Ltd, Café Bene is working with Daesang Corp and Angelin-us Coffee with Lotte Chilsung. These specialist coffee shop RTD coffee brands have been well accepted by young female consumers in their 20s and 30s, as they appreciate being able © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM to enjoy the same coffee flavours at a lower price at home, with most of those RTD coffee brands available through convenience stores. COMPETITIVE LANDSCAPE Lotte Chilsung Beverage Co Ltd maintained its leadership of the RTD coffee category with a 44% share in off-trade volume terms. Its Let’s Be brand leads the category with a high level of penetration and wide distribution across a range of grocery retailers. However, its value sales decreased by 1% in 2010 as a result of the introduction of other premium brands. Cantata, the company’s other brand introduced in 2007, for example, showed a positive performance in value terms in 2010 as its value sales rose by 20%. This however was not sufficient to stop the company’s share declining overall. Content removed from sample PROSPECTS RTD coffee will continue to show healthy growth over the forecast period, with a CAGR of 6% in both off-trade constant value and volume terms. Within the foodservice industry, it is anticipated that specialist coffee shops will grow over the forecast period, meaning that © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY consumers’ preference for premium coffee will also develop. This trend will affect the RTD coffee category, as manufacturers will try to launch new premium variants to appeal to South Korean consumers who are already familiar with better quality coffee. At the same time, operators of chained specialist coffee shop brands will try to introduce RTD coffee to expand their brands’ presence through retail channels. Content removed from sample CATEGORY DATA Table 1 Off-trade Sales of RTD Coffee: Volume 2005-2010 million litres 2005 2006 RTD Coffee Source: 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 2 Off-trade Sales of RTD Coffee: Value 2005-2010 Won billion 2005 2007 2008 Data removed from sample RTD Coffee Source: 2006 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of RTD Coffee: % Volume Growth 2005-2010 % volume growth 2009/10 RTD Coffee Source: 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade Sales of RTD Coffee: % Value Growth 2005-2010 % current value growth 2009/10 RTD Coffee Source: 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International 2005/10 TOTAL SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Table 5 Company Shares of RTD Coffee by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2009 2010 Data removed from sample Total Source: Table 6 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of RTD Coffee by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample Total Source: Table 7 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of RTD Coffee by Off-trade Value 2006-2010 % off-trade value rsp Company © Euromonitor International 2006 2007 2008 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: 100.0 100.0 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2014 2015 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 8 Brand Shares of RTD Coffee by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample Total Source: 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Forecast Off-trade Sales of RTD Coffee: Volume 2010-2015 '000 litres 2010 RTD Coffee Source: 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM Table 10 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade Sales of RTD Coffee: Value 2010-2015 Won mn 2010 2012 2013 2014 2015 Data removed from sample RTD Coffee Source: 2011 Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 11 Forecast Off-trade Sales of RTD Coffee: % Volume Growth 2010-2015 % volume growth 2014/15 2010/15 TOTAL Data removed from sample RTD Coffee Source: 2010-15 CAGR Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 12 Forecast Off-trade Sales of RTD Coffee: % Value Growth 2010-2015 % constant value growth 2010-15 CAGR RTD Coffee Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY RTD TEA IN SOUTH KOREA CATEGORY ANALYSIS HEADLINES In 2010, sales decrease by 4% in off-trade volume terms and by 2% in off-trade current value terms The growing interest in health-positioned bottled water continues to negatively impact RTD tea in 2010 Still RTD tea excluding Asian shows the strongest growth in 2010, with a rise of 2% in offtrade volume terms Average off-trade unit prices increase by 2% in 2010 Lotte Chilsung Beverage Co Ltd maintains its leadership with a 21% value share in 2010 Sales of RTD tea are expected to decline at a CAGR of 2% both in off-trade volume and constant value terms over the forecast period TRENDS RTD tea continued to register a negative performance, with total volume sales falling by 3% in 2010. The negative trend started in 2008 as the economy slowed down during the global financial crisis. During this period, more South Korean consumers shifted their consumption away from RTD tea and towards still bottled water, which is cheaper and known to contain zero calories. Even though the economy has seen some recovery in 2010, South Korean consumers are not returning to RTD tea, largely because the product offer has widened within bottled water, to include various new products such as functional bottled water and premium imported bottled water, which gained popularity during 2010. In 2010, green tea saw its popularity wane further (although it remained the largest category within RTD tea). Most of RTD tea manufacturers highlight the beauty and weight management functions of their RTD tea products through various advertisements using famous female actresses. Attractive female models show their slim bodies in such advertisements, which are targeted towards female consumers with aspirations of beauty. However, more South Korean consumers are coming to perceive these products as offering few health benefits and thus are reverting to seeing them as simply a product to quench thirst. This resulted in waning popularity for green RTD tea. During the summer season, basic RTD tea brands, Lipton Ice Tea (Unilever Korea Co Ltd) and Nestea (Coca-Cola Korea Co) were popular, due to the hotter and longer summer in 2010 than other years and because these are cheaper and easier to drink, despite these products’ higher calorie content in relation to bottled water. In 2010, mugwort RTD tea gained prominence as a health-positioned product. Mugwort is considered as having properties than support effective circulation in the body. In addition, mugwort is famous as a herbal medicine that has traditionally been used in the treatment of various female ailments. In this context, Lotte Chilsung Beverage Co Ltd launched Brown Rice Mugwort Tea under its Today’s tea brand. New launches such as these helped maintain average unit price increases, despite an emerging shift in consumer preferences away from premium RTD teas. © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Hyundai Pharm Co Ltd introduced a carbonated RTD tea, Pop Sparkling Tea, in 2010 for the first time in South Korea. Its novelty has meant that its share is still not significant in South Korea, even though it has generated some consumer interest. COMPETITIVE LANDSCAPE Lotte Chilsung Beverage Co Ltd continued to lead the RTD tea category with an off-trade value share of 21% in 2010. It was followed by Kwang Dong Pharm Co Ltd with 14%. In terms of brand share Kwang Dong Pharm’s RTD tea brand Kwangdong Corn Leaf Tea led the category with an off-trade value share of 14%, followed by Lotte Chilsung’s Lotte brand at 13%. Kwangdong Corn Leaf Tea has lost five percentage points in terms of value share since 2008 with the various new product developments by competing manufacturers. Meanwhile, Lotte Chilsung launched a specialist RTD tea brand, Tea Tree and expanded its product portfolio through the introduction of new green tea and mate tea in 2010 under Tea Tree brand. Competition between existing tea brands and newly launched variants was intense and the gap in company value share between Lotte Chilsung and Kwang Dong Pharm widened considerably in 2010, from three percentage points in 2009 to almost seven in 2010. Content removed from sample PROSPECTS The lack of interest in Asian still RTD tea as a means of weight management will continue, which in turn will negatively affect the RTD tea category as a whole over the forecast period. As consumers become more familiar with media techniques, they are increasingly choosing not to trust advertising messages. Thus if a product is not a dietary supplement, it will become increasingly difficult for operators to attract consumers with slimming concepts. Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample CATEGORY DATA Table 1 Off-trade Sales of RTD Tea by Category: Volume 2005-2010 million litres 2005 2006 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 2 Off-trade Sales of RTD Tea by Category: Value 2005-2010 Won billion 2005 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: 2006 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of RTD Tea by Category: % Volume Growth 2005-2010 % volume growth 2009/10 Still RTD Tea © Euromonitor International 2005-10 CAGR 2005/10 TOTAL Data removed from sample WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade Sales of RTD Tea by Category: % Value Growth 2005-2010 % current value growth 2009/10 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea 2005-10 CAGR 2005/10 TOTAL Data removed from sample Source: Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 5 Leading Flavours for RTD Tea: % Volume Breakdown 2006-2010 % retail volume 2006 Black Bean Tea Black Tea Corn Leaf Tea Green Tea Mixed Tea Other flavours Total Source: Table 6 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of RTD Tea by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 Data removed from sample © Euromonitor International 2008 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Total Source: Table 7 100.0 100.0 100.0 100.0 100.0 2008 2009 2010 5.9 100.0 9.3 100.0 10. 100.0 2009 2010 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of RTD Tea by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample Others Total Source: Table 8 .3 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of RTD Tea by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample © Euromonitor International 2008 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: 100.0 100.0 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 2014 2015 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Brand Shares of RTD Tea by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample Total Source: 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 10 Forecast Off-trade Sales of RTD Tea by Category: Volume 2010-2015 million litres 2010 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM Table 11 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade Sales of RTD Tea by Category: Value 2010-2015 Won billion 2010 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: 2011 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 12 Forecast Off-trade Sales of RTD Tea by Category: % Volume Growth 20102015 % volume growth 2014/15 Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: Table 13 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of RTD Tea by Category: % Value Growth 20102015 % constant value growth 2010-15 CAGR Still RTD Tea - Asian Still RTD Tea - Still RTD Tea Excluding Asian Carbonated RTD Tea RTD Tea Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY SPORTS AND ENERGY DRINKS IN SOUTH KOREA - CATEGORY ANALYSIS HEADLINES Sales of sports and energy drinks increase by 8% in off-trade value terms in 2010 Energy drinks are introduced for the first time, drawing considerable attention among South Korean customers Value sales of sports drinks show a slight increase in 2010 The introduction of energy drinks pushes up average unit price increase to 6% in 2010 Dong-A Otsuka Co Ltd continues to lead in off-trade value terms with a share of 48% in 2010 Over the forecast period, sports and energy drinks is expected to register marginal growth due to the decline of sports drinks in total volume terms TRENDS Sports and energy drinks recorded positive growth in off-trade value and volume terms in 2010. There have been various new products launched under the health and wellness trend; for example, reduced calories, using stevia. Stevia was first approved for using in food from 2010 and Lotte Chilsung Beverage Co Ltd introduced low calorie sports drinks using stevia instead of sugar, targeting diet conscious consumers in South Korea. However, despite manufacturers’ efforts, sports drinks continued to register a decline during 2010. Within the sports drinks category, not all brands registered a strong performance and in fact recorded a decline in off-trade volume terms in 2010, despite active new product development. Lotte Chilsung launched new sports drinks brand G2 whose packaging proved popular. G2 contains half the calories of other sports drinks, thus it was well received particularly by young female consumers in 2010. Excellade from Haitai Beverage Co Ltd was launched in late 2009 and it recorded value sales of Won6 billion within one year. As soft drinks as a whole has been diversified to include a range of functional products, for example with the inclusion of extra vitamins and premium bottled water, demand for sports drinks experienced a decline in 2010. Sports and energy drinks showed a 6% unit price rise, mainly due to the 2010 entry of energy drinks, whose unit price is higher than sports drinks. However, the rise in unit price for the sports and energy drinks category was slightly restrained by the large promotions at supermarkets/hypermarkets even though Dong-A Otsuka Co Ltd’s Pocari Sweat rose in price by up to 6% in 2010. With the launch of new products, manufacturers opted to engage in positive marketing activity centred on supermarkets/hypermarkets, such as buy-one-get-onefree offers, which can boost value sales, but at the expense of margins. In South Korea, energy drinks sales remained negligible until 2009. The leading soft drinks manufacturer, Lotte Chilsung introduced energy drinks for the first time in March 2010, resulting in Won18 billion sales in less than one year. Within the constraints of the law governing packaged food in South Korea, artificial caffeine is not allowed to be used for packaged food and most energy drinks incorporate artificial caffeine were classified as quasi © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM drugs in South Korea. Lotte Chilsung introduced Hot 6 in 2010, which includes taurine, citric acid and guarana and red ginseng extract. Following the success of Hot 6, some of pharmaceutical companies and soft drinks manufacturers are expected to develop new energy drinks products. Leading to strong growth in the category over the forecast period. COMPETITIVE LANDSCAPE There are three main brands within the sports and energy drinks category in South Korea. The leading brand, Pocari Sweat by Dong-A Otsuka Co Ltd, held an off-trade value share of 48% in 2010. Lotte Chilsung’s Gatorade brand ranked second with a 28% value share, followed by Coca-Cola Korea Co’s Powerade with a 16% share. Gatorade has seen its share rising on the back of strong marketing activities featuring the very famous soccer player, Park Ji Sung, in the product’s TV commercials since 2009. Content removed from sample PROSPECTS Over the forecast period, sales of sports and energy drinks are expected to rise at a CAGR of 1% in constant value terms, with only marginal growth in volume terms. As many other categories of soft drinks offer low-calorie or no-sugar variants with added vitamins or other nutritional ingredients, consumers have become less interested in the stated benefits of sports drinks. Many consumers of sports drinks are expected to shift to functional bottled water (such as those with added vitamins) or variants with fewer calories after exercising, rather than sports drinks. Sales of sports drinks are thus expected to decrease at a CAGR of 1% in both volume and value terms over the forecast period. Content removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample CATEGORY DATA Table 1 Still vs Carbonated Sports and Energy Drinks % Off-trade Volume 2005-2010 % volume 2006 2008 2009 2010 Data removed from sample Still Carbonated TOTAL Source: 2007 100.0 100.0 100.0 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews Table 2 Off-trade Sales of Sports and Energy Drinks by Category: Volume 2005-2010 million litres 2005 2006 Energy Drinks Sports Drinks Sports and Energy Drinks Source: 2007 2008 2009 2010 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of Sports and Energy Drinks by Category: Value 2005-2010 Won billion 2005 Energy Drinks Sports Drinks Sports and Energy Drinks Source: 2006 2007 2008 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 4 Off-trade Sales of Sports and Energy Drinks by Category: % Volume Growth 2005-2010 % volume growth 2009/10 Energy Drinks Sports Drinks Sports and Energy Drinks Source: 2005-10 CAGR Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources © Euromonitor International 2005/10 TOTAL SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Table 5 Off-trade Sales of Sports and Energy Drinks by Category: % Value Growth 2005-2010 % current value growth 2009/10 Energy Drinks Sports Drinks Sports and Energy Drinks Source: Table 6 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Sports and Energy Drinks by Off-trade Volume 20062010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2008 2009 2010 100.0 100.0 100.0 Data removed from sample Total Source: Table 7 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Sports and Energy Drinks by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 Data removed from sample Total Source: Table 8 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Sports and Energy Drinks by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample © Euromonitor International 2008 2009 2010 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: 100.0 100.0 100.0 100.0 100.0 2008 2009 2010 1.3 100.0 1. 100.0 1.7 100.0 2014 2015 2014 2015 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Brand Shares of Sports and Energy Drinks by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample Others Total Source: 1.3 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 10 Forecast Off-trade Sales of Sports and Energy Drinks by Category: Volume 2010-2015 million litres 2010 2011 Energy Drinks Sports Drinks Sports and Energy Drinks Source: 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 11 Forecast Off-trade Sales of Sports and Energy Drinks by Category: Value 2010-2015 Won billion 2010 Energy Drinks Sports Drinks Sports and Energy Drinks Source: 2011 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International WWW.EUROMONITOR.COM Table 12 SAMPLE REPORT FOR ILLUSTRATION ONLY Forecast Off-trade Sales of Sports and Energy Drinks by Category: % Volume Growth 2010-2015 % volume growth 2014/15 Energy Drinks Sports Drinks Sports and Energy Drinks Source: Table 13 2010-15 CAGR 2010/15 TOTAL Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Sports and Energy Drinks by Category: % Value Growth 2010-2015 % constant value growth 2010-15 CAGR Energy Drinks Sports Drinks Sports and Energy Drinks Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY ASIAN SPECIALITY DRINKS IN SOUTH KOREA - CATEGORY ANALYSIS HEADLINES Sales decrease by 2% in off-trade volume terms, while seeing a marginal rise in off-trade value terms in 2010 Asian speciality tea, positioned as offering a beauty function, continues to fall out of favour with consumers Cereal/pulse-based drinks registers 7% growth in off-trade value terms, while Asian juice drinks records a 10% decline in off-trade value terms The average unit price of Asian speciality drinks increases by 3% in 2010 Woongjin Food Co Ltd continues to lead the category with an off-trade value share of 19% in 2010 Sales of Asian speciality drinks are expected to decline at a CAGR of 1% in off-trade volume and constant value terms over the forecast period, mainly due to the decline of Asian juice drinks TRENDS Asian speciality drinks registered a 2% decline in off-trade volume terms in 2010. Asian still RTD tea and Asian juice drinks both recorded negative performances, which led to the entire category registering a decline, even though cereal/pulse-based drinks showed a strong performance with off-trade volume sales rising by 4% and off-trade value sales rising by 7%. The category of other Asian speciality drinks also recorded positive growth in 2010. The cereal/pulse-based drinks category showed the strongest performance in 2010. Cereal/pulse-based drinks, a traditional rice-based South Korean drink, registered the highest value sales within Asian speciality drinks in 2010 with variants being offered by a number of operators. Since 2010, the government has tried to boost the consumption of domestic rice in South Korea and it has recommended traditional drinks such as sikhye. As sikhye was originally made from steamed rice, the campaign in support of rice consumption impacted the sales of cereal/pulse-based drinks positively. Other Asian speciality drinks recorded 1% growth in volume terms and 5% growth in value terms in 2010. Drinks made from Korean ginseng and pine, famed for their energy-giving and refreshing properties, have shown positive growth since 2007. As well as the popularity of ginseng in the context of the health and wellness trend in 2010, within the soft drinks industry, the popularity of red-ginseng drinks continued. The boom of red-ginseng that followed the H1N1 virus in 2009 faded slowly over 2010. Within Asian still RTD tea, corn leaf tea and tea made with mixed grains saw their popularity weaken in 2010. Instead, mugwort tea has emerged as a popular ingredient for RTD tea in South Korea during 2010. Mugwort is considered as having properties that support efficient blood circulation. Lotte Chilsung Beverage Co Ltd launched Brown Rice Mugwort Tea under its Today’s Tea brand. © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY The Asian speciality drinks category as a whole saw average unit prices rise by 3% in 2010. Due to the relative unpopularity of Asian still RTD tea and Asian juice drinks, retail channels did not engage in promotional activities for these products. In addition, the share of sales made through the convenience store channel increased during the summer season because in 2010 the summer season was hotter and longer than previous years. In turn, this helped to boost average unit prices. Products within Asian speciality drinks are targeted at adults in their 30s and 40s who are highly conscious of their health and prudent in their food choices. Therefore, many Asian speciality drinks are positioned as well established and trustworthy in order to gain consumer interest. In an effort to broaden their consumer base, manufacturers continued to work to renew their products and to introduce new flavours using healthy ingredients, such as black bean, ginseng and honey of different origins. There are no fountain sales of Asian speciality drinks in South Korea. Fountain sales are mostly available in fast food outlets and Western-style full-service restaurants and those outlets mostly carry carbonates and fruit/vegetable juice in fountain format. However, with increasing concern about health and wellness, it is possible that Asian speciality drinks may be available through fountain sales in the forecast period. COMPETITIVE LANDSCAPE Content removed from sample PROSPECTS © Euromonitor International Content removed from sample WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Content removed from sample CATEGORY DATA Table 1 Off-trade Sales of Asian Speciality Drinks by Category: Volume 2005-2010 million litres 2005 2006 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 2 Off-trade Sales of Asian Speciality Drinks by Category: Value 2005-2010 Won billion 2005 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: 2006 2007 2008 2009 2010 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 3 Off-trade Sales of Asian Speciality Drinks by Category: % Volume Growth 2005-2010 % volume growth 2009/10 2005-10 CAGR 2005/10 TOTAL Asian Still RTD Tea Data removed from sample © Euromonitor International SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: Table 4 Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Off-trade Sales of Asian Speciality Drinks by Category: % Value Growth 20052010 % current value growth 2009/10 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: Table 5 2005-10 CAGR 2005/10 TOTAL Data removed from sample Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Asian Speciality Drinks by Off-trade Volume 2006-2010 % off-trade volume Company 2006 2007 2008 2009 2010 100.0 100.0 100.0 2009 2010 Data removed from sample Total Source: Table 6 100.0 100.0 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Asian Speciality Drinks by Off-trade Volume 2007-2010 % off-trade volume Brand Company 2007 2008 Data removed from sample © Euromonitor International WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Total Source: Table 7 100.0 100.0 100.0 100.0 2009 2010 Trade Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Company Shares of Asian Speciality Drinks by Off-trade Value 2006-2010 % off-trade value rsp Company 2006 2007 Data removed from sample © Euromonitor International 2008 SAMPLE REPORT FOR ILLUSTRATION ONLY WWW.EUROMONITOR.COM Data removed from sample Total Source: Table 8 100.0 100.0 100.0 100.0 100.0 2009 2010 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Brand Shares of Asian Speciality Drinks by Off-trade Value 2007-2010 % off-trade value rsp Brand Company 2007 Data removed from sample © Euromonitor International 2008 WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Others Total Source: 21.5 100.0 22.3 100.0 2 .3 100.0 2 .8 100.0 2014 2015 Euromonitor International from official statistics, trade associations, trade press, company research, store checks, trade interviews, trade sources Table 9 Forecast Off-trade Sales of Asian Speciality Drinks by Category: Volume 2010-2015 million litres 2010 2011 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: 2012 2013 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 10 Forecast Off-trade Sales of Asian Speciality Drinks by Category: Value 20102015 Won billion 2010 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: 2011 2012 2013 2014 2015 Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Table 11 Forecast Off-trade Sales of Asian Speciality Drinks by Category: % Volume Growth 2010-2015 % volume growth 2014/15 Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks © Euromonitor International 2010-15 CAGR Data removed from sample 2010/15 TOTAL WWW.EUROMONITOR.COM SAMPLE REPORT FOR ILLUSTRATION ONLY Data removed from sample Other Asian Speciality Drinks Asian Speciality Drinks Source: Table 12 Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources Forecast Off-trade Sales of Asian Speciality Drinks by Category: % Value Growth 2010-2015 % constant value growth 2010-15 CAGR Asian Still RTD Tea Asian Juice Drinks Cereal/Pulse-based Drinks Other Asian Speciality Drinks Asian Speciality Drinks Source: Data removed from sample Euromonitor International from trade associations, trade press, company research, trade interviews, trade sources © Euromonitor International 2010/15 TOTAL