Released on: March 17, 2008, 1:11 am

Press Release Author: Shushmul Maheshwari

Industry: Food & Beverage

Press Release Summary: A recent report by RNCOS gives an insight into the South
Korean food, beverages and tobacco industry and identifies organic and processed
food industry as the area with high growth potential.



Press Release Body: A recent report by the top market research company RNCOS, "South
Korean Food, Beverages and Tobacco Market Forecast till 2011\", has find out that
South Korea, the third largest economy of Asia, is becoming increasingly advanced in
its food consumption patterns.

The in-depth and methodical analysis conducted by the report on the food market of
South Korea provides a comprehensive overview of the consumption habits of South
Koreans in different food segments, such as fruit, vegetable, milk, meat,
confectionary etc. The detailed study of all segments of the food market in South
Korea observes that South Korea consumes high quantity of meat. The report provides
an estimate of per person meat consumption in the nation and tries to identify the
reason for exceptionally high meat consumption in the country. As per the report,
meat consumption in South Korea will remain high in future as compared to any other
food segment.

Fruit is the next sector in South Korea after meat that will witness high demand in
coming years says Analyst at RNCOS. According to the report, fruit intake in the
country has been on the rise ever since 2003 and in near future, this increase will
persist. The report also takes into account factors such as altering taste
preferences and growing health consciousness amongst the South Koreans that will be
responsible for this rise in fruit consumption.

All these factors are responsible for the rising need for all kinds of organic and
processed food products in the country. After studying their present situation, the
report maintains that these industries have evolved as the pool of opportunities for
both national and foreign players. It observes the effects of rapidly changing ways
of South Korean lifestyle and the progressively growing number single-person
families that are giving rise to the demand for processed food in the country.

It also recommends fields where there are enormous opportunities for processed food
products and which particular retail formats can reap benefits in coming years,
thanks to the growing sale of processed food.

"South Korean Food, Beverages and Tobacco Market Forecast till 2011" has been
prepared to help clients in examining the prospects, challenges and factors
essential for the development of the industry in this East Asian nation. The
comprehensive report provides an overview of the key companies (both national and
international) in the food and beverages industry in South Korea.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM577.htm
Current Industry News: http://www.rncos.com/blog


Web Site: http://www.rncos.com

Contact Details: RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com

Fax no: 91-11-4214-1228

http://www.rncos.com