South Koreans Guzzling Beverages, Leading to Robust Growth

Released on: March 18, 2008, 12:51 am

Press Release Author: Shushmul Maheshwari

Industry: Food & Beverage

Press Release Summary: RNCOS’ market analysis provides a panoptic view of the
development and growth of South Korean beverages market and the factors responsible
for its robust growth.

Press Release Body: The market research pioneer RNCOS has issued an analytical
report on the South Korean Food, Beverage and Tobacco sector, “South Korean
Food, Beverages and Tobacco Market Forecast till 2011”. According to the
report, the South Korean beverages market developed at a fast pace over the past
decade. The report has conducted a comprehensive study of the South Korean beverages
market and detected the factors responsible for the terrific growth in this sector.

The report has studied different segments of the South Korean beverages industry,
such as coffee, tea, alcoholic drink and soft drinks and gives an in-depth analysis
of the consumption patterns of every segment. As per the segment-wise consumption
pattern, South Korea is one of the major consumers of alcoholic drinks worldwide.
The report has conducted an extensive research on this market and find out factors
responsible for making the nation a major user of alcoholic drinks. It has
identified the product which is dominating the alcoholic beverages segment and also
identified the key players operating in the market.

RNCOS expects that the use of alcoholic beverages will shoot up in future and
recognized the factors that will push the alcohol demand in the marketplace.

But alcoholic drinks are not the only segment to have witnessed growth in South
Korea. Non-alcoholic drink segment has also seen a steady growth and is anticipated
to continue with the same trend in future too. A methodical examination of the
non-alcoholic market by the report has distinguished sectors that are
under-development and also identified the sectors expected to have maximum growth.
It has also talked about the growth factors of all the sections of the beverages
market.

\"South Korean Food, Beverages and Tobacco Market Forecast till 2011\" presents a
detailed analysis and assessment of the past, present, and upcoming market trends in
the South Korean food, beverage and tobacco industry. It discusses the existing
prospects of the market and based on these aspects, gives a detailed analysis on
various problems that has to be tackled by the South Korean industry to ensure
growth.

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: www.researchconnect.com/downloadreport.asp?RepID=23910
Current Industry News: http://www.rncos.com/blog


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

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228

info@rncos.com

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