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[Graphic News] Coffee market grows 2.2%





The South Korean market for coffee drinks expanded more than 2 percent in 2019 thanks mainly to strong sales of bottled products, a market tracker said.

Sales of coffee drinks came to 1.32 trillion won ($1.1 billion) last year, up 2.2 percent from the previous year, according to Nielsen Korea.

Shipments of bottled coffee drinks shot up 60.1 percent on-year to 185.8 billion won in 2019, leading the overall market growth.

In contrast, sales of canned products shrank 6.1 percent on-year to 579.6 billion won, while single cups of instant coffee inched up 1.9 percent to 462.2 billion won.

Lotte Chilsung Beverage was the market leader with a share of 26.6 percent, followed by Dongsuh Foods and Maeil Dairy, according to the data. (Yonhap)



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