South Korea: The ready-to-drink coffee market is still growing during the COVID-19 pandemic

According to Nielsen Koreanclick, the size of the ready-to-drink coffee market in Korea reached 672.9 billion won (equivalent to 574 million USD) in the period from January to June 2021, an increase of 5.9% over the same period last year. . Canned coffee accounted for the largest share with 258.6 billion won, followed by bottled coffee with 137.5 billion won. Sales of canned coffee increased by 1.7% year-on-year with sales of bottled coffee up 18.6% due to increasing consumer preference. An industry source said that sales of coffee drinks grew steadily in the first six months of 2021 as more consumers shopped at convenience ...