South Korea Cake Market Research Report, 2030

The South Korean cake market is expected to surpass USD 2.46 billion by 2030, driven by rising demand for western-style cakes and an expanding consumer base for bakery goods.

The South Korean cake market is a vibrant and evolving segment within the country’s dynamic food and dessert landscape. Traditionally, cakes were reserved for birthdays or Western-style celebrations, but in recent years, cake consumption has extended beyond special occasions to everyday indulgence, fueled by lifestyle changes, the growth of café culture, and social media influence. South Koreans, particularly millennials and Gen Z, view cakes not just as food but as an experience, driving demand for visually aesthetic, uniquely flavored, and health-conscious cake options. Western-style cakes such as sponge, mousse, cheesecakes, and fondant cakes are widespread, but there is also a strong trend toward localized flavors such as matcha, yuzu, red bean, black sesame, and sweet potato. A key trend in the South Korean cake market is the rise of premium and artisanal cakes, often sold through independent bakeries and boutique patisseries in Seoul, Busan, and other major cities. These cakes are frequently crafted with imported, organic, or gluten-free ingredients, catering to the growing segment of health-conscious consumers. Another rapidly growing trend is personalization. Consumers prefer cakes customized with names, characters, or specific messages for personal or corporate events. The growing influence of K-pop culture and digital platforms has further increased demand for cakes themed around celebrities, characters, and trending designs. Regulation-wise, South Korea’s cake industry operates under stringent food safety and labeling laws governed by the Ministry of Food and Drug Safety also known as MFDS. Regulations mandate clear labeling of allergens, expiration dates, storage conditions, and nutritional content. With a growing population of health-aware and vegetarian/vegan consumers, some regulations now encourage proper classification and certification of plant-based cake products. According to the research report "South Korea Cake Market Research Report, 2030," published by Actual Market Research, the South Korea Cake market is expected to reach a market size of more than USD 2.46 Billion by 2030. One significant hurdle is maintaining the inherent perishability of delicate fresh cake products within a highly demanding and fast-moving retail environment, especially given South Korea's densely populated urban centers. This requires exceptionally efficient and precise cold chain logistics, from artisanal bakeries to high-end department stores and convenience outlets, to meticulously preserve optimal freshness, prevent spoilage, and maintain the intricate aesthetic integrity of the cakes. Ensuring stringent allergen control is another critical and complex concern, as many popular Western-style cakes widely utilize common allergens such as wheat flour, eggs, and dairy, and there is a rising awareness of food allergies among the population. Bakeries and industrial producers must implement rigorous protocols for ingredient segregation, employ dedicated equipment where feasible, and ensure precise and unambiguous allergen labeling to unequivocally prevent cross-contamination, safeguard consumers with sensitivities, and comply with MFDS regulations, which are known for their strictness. the market is highly susceptible to volatility in the cost and consistent availability of key raw materials, especially premium imported ingredients like specific chocolates, fruits, and high-quality dairy, which are crucial for maintaining the high standards expected by Korean consumers.

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Cupcakes, while present, are typically elevated to miniature gourmet desserts rather than casual treats. They are popular for small gatherings, gifting, and personal indulgences, with trends focusing on sophisticated flavors, light, less sweet creams, and intricate, often artistic, decorations that appeal to the highly visual South Korean consumer base. Seasonal ingredients and unique flavor combinations are common. Sponge Cakes, characterized by their light, airy, and moist texture, form a foundational element in many popular South Korean Western-style cakes. They are frequently used as the base for layered cakes featuring fresh cream, fresh fruits, and various custards. Korean sponge cakes are renowned for their meticulous baking process, resulting in an exceptionally tender crumb and delicate flavor, often less sweet than their Western counterparts, catering to local palate preferences. Dessert Cakes constitute a broad and highly significant category in South Korea, distinguished by their sophisticated flavors, impeccable craftsmanship, and artistic presentation. This segment includes elaborate layered cakes, delicate mousses, exquisitely crafted cheesecakes, and tarts that often feature seasonal Korean fruits or subtle Asian-inspired flavors. These cakes are central to celebrations, gifting, and indulging in a high-quality dessert experience, with a strong emphasis on fresh ingredients, balanced sweetness, and visual harmony, often embodying trends seen on social media platforms. The others segment is highly dynamic and innovative, incorporating unique fusion cakes that blend traditional Korean ingredients with Western baking forms. This category also includes specialty cakes tailored to specific dietary needs, such as gluten-free, sugar-free, or vegan options, which are gaining significant traction among the health-conscious South Korean consumers. Supermarkets are a significant distribution channel, particularly for mass-produced, packaged cakes and daily consumption items. Their extensive network and high foot traffic make them accessible options for consumers seeking convenient bakery products. Many larger stores also feature prominent in-store bakeries offering freshly baked goods, often adapting their offerings to local tastes and seasonal demands, further driving impulse purchases. Bakery establishments, including traditional local bakeries and upscale Western-style patisseries, hold a crucial and dominant share of the market. These specialized stores are renowned for their exceptional quality, meticulous craftsmanship, and exquisite presentation, often functioning as destinations for discerning consumers seeking unique flavors, custom designs, and premium ingredients for special occasions. Customer service, elegant packaging, and a pleasant in-store experience are paramount in this channel. Convenience Stores play a remarkably vital role in the South Korean cake market, offering high-quality, individually portioned cakes, dessert cups, and small treats. These items are typically manufactured by leading industrial bakeries but designed to meet the high standards of convenience store consumers for freshness, taste, and attractive packaging. Their extensive urban network and 24/7 accessibility make them a go-to for impromptu indulgence or quick dessert purchases. Online Retail Stores are a rapidly burgeoning and highly influential distribution channel in South Korea, leveraging platforms like Coupang, Market Kurly, and various dedicated bakery websites or food delivery apps. This channel offers unparalleled convenience, a vast product selection from numerous vendors, and often, speedy delivery directly to the consumer's doorstep. Online sales facilitate customization, pre-orders for events, and reach consumers in areas not well-served by physical bakeries, making it a critical growth driver, especially for specialized and custom cakes. Packaged cakes in South Korea represent a rapidly evolving segment that prioritizes convenience without sacrificing perceived quality. These aren't merely basic snack cakes; they often include refrigerated dessert cups, exquisite individual slices, and elegantly boxed small cakes from prominent industrial bakeries like those found in convenience stores like CU or GS25, or larger supermarket chains. The appeal here lies in their meticulous presentation, consistent flavor profiles, and advanced packaging technologies that ensure freshness and hygiene, crucial in a fast-paced urban environment. Innovation in this category is heavily focused on single-serve indulgence, reduced sugar formulations, and unique flavor collaborations that mimic popular café trends or seasonal fruits, making high-quality treats accessible for daily consumption, office breaks, or convenient gifting. Unpackaged/Artisanal cakes in South Korea embody the pinnacle of freshness, bespoke craftsmanship, and artistic expression. This segment is dominated by traditional patisseries, high-end independent bakeries, and the luxurious in-store bakeries found within prestigious department stores such as Lotte, Shinsegae, and Hyundai. The core allure stems from the superiority of ingredients, often seasonal and imported premium components, the meticulous attention to detail in their creation, and their unparalleled aesthetic perfection. These are cakes designed as centerpieces for significant life events like birthdays, weddings, anniversaries, and elaborate proposals where custom designs, intricate piping, and a personalized touch are paramount. While they possess a naturally shorter shelf life due to the absence of extensive preservatives, South Korean consumers are not only willing but often eager to pay a significant premium for the enhanced taste, delicate texture, exquisite visual appeal, and the authentic, personalized experience associated with a freshly baked, meticulously crafted culinary masterpiece.

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Nikita Jabrela

Nikita Jabrela

Business Development Manager

Considered in this report • Historic Year: 2019 • Base year: 2024 • Estimated year: 2025 • Forecast year: 2030 Aspects covered in this report • Cake Market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product • Cupcakes • Sponge Cakes • Dessert Cakes • others

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Nikita Jabrela

By Distribution Channel • Supermarkets/Hypermarkets • Bakery • Convenience Stores • Online Retail Stores • Other Distribution Channels By Form • Packaged • Unpackaged/Artisanal The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to this industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Table of Contents

  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. South Korea Geography
  • 4.1. Population Distribution Table
  • 4.2. South Korea Macro Economic Indicators
  • 5. Market Dynamics
  • 5.1. Key Insights
  • 5.2. Recent Developments
  • 5.3. Market Drivers & Opportunities
  • 5.4. Market Restraints & Challenges
  • 5.5. Market Trends
  • 5.5.1. XXXX
  • 5.5.2. XXXX
  • 5.5.3. XXXX
  • 5.5.4. XXXX
  • 5.5.5. XXXX
  • 5.6. Supply chain Analysis
  • 5.7. Policy & Regulatory Framework
  • 5.8. Industry Experts Views
  • 6. South Korea Cake Market Overview
  • 6.1. Market Size By Value
  • 6.2. Market Size and Forecast, By Product
  • 6.3. Market Size and Forecast, By Distribution Channel
  • 6.4. Market Size and Forecast, By Form
  • 6.5. Market Size and Forecast, By Region
  • 7. South Korea Cake Market Segmentations
  • 7.1. South Korea Cake Market, By Product
  • 7.1.1. South Korea Cake Market Size, By Cupcakes, 2019-2030
  • 7.1.2. South Korea Cake Market Size, By Sponge Cakes, 2019-2030
  • 7.1.3. South Korea Cake Market Size, By Dessert Cakes, 2019-2030
  • 7.1.4. South Korea Cake Market Size, By others, 2019-2030
  • 7.2. South Korea Cake Market, By Distribution Channel
  • 7.2.1. South Korea Cake Market Size, By Supermarkets/Hypermarkets, 2019-2030
  • 7.2.2. South Korea Cake Market Size, By Bakery, 2019-2030
  • 7.2.3. South Korea Cake Market Size, By Convenience Stores, 2019-2030
  • 7.2.4. South Korea Cake Market Size, By Online Retail Stores, 2019-2030
  • 7.2.5. South Korea Cake Market Size, By Other, 2019-2030
  • 7.3. South Korea Cake Market, By Form
  • 7.3.1. South Korea Cake Market Size, By Packaged, 2019-2030
  • 7.3.2. South Korea Cake Market Size, By Unpackaged/Artisanal, 2019-2030
  • 7.4. South Korea Cake Market, By Region
  • 7.4.1. South Korea Cake Market Size, By North, 2019-2030
  • 7.4.2. South Korea Cake Market Size, By East, 2019-2030
  • 7.4.3. South Korea Cake Market Size, By West, 2019-2030
  • 7.4.4. South Korea Cake Market Size, By South, 2019-2030
  • 8. South Korea Cake Market Opportunity Assessment
  • 8.1. By Product, 2025 to 2030
  • 8.2. By Distribution Channel, 2025 to 2030
  • 8.3. By Form, 2025 to 2030
  • 8.4. By Region, 2025 to 2030
  • 9. Competitive Landscape
  • 9.1. Porter's Five Forces
  • 9.2. Company Profile
  • 9.2.1. Company 1
  • 9.2.1.1. Company Snapshot
  • 9.2.1.2. Company Overview
  • 9.2.1.3. Financial Highlights
  • 9.2.1.4. Geographic Insights
  • 9.2.1.5. Business Segment & Performance
  • 9.2.1.6. Product Portfolio
  • 9.2.1.7. Key Executives
  • 9.2.1.8. Strategic Moves & Developments
  • 9.2.2. Company 2
  • 9.2.3. Company 3
  • 9.2.4. Company 4
  • 9.2.5. Company 5
  • 9.2.6. Company 6
  • 9.2.7. Company 7
  • 9.2.8. Company 8
  • 10. Strategic Recommendations
  • 11. Disclaimer

Table 1: Influencing Factors for Cake Market, 2024
Table 2: South Korea Cake Market Size and Forecast, By Product (2019 to 2030F) (In USD Million)
Table 3: South Korea Cake Market Size and Forecast, By Distribution Channel (2019 to 2030F) (In USD Million)
Table 4: South Korea Cake Market Size and Forecast, By Form (2019 to 2030F) (In USD Million)
Table 5: South Korea Cake Market Size and Forecast, By Region (2019 to 2030F) (In USD Million)
Table 6: South Korea Cake Market Size of Cupcakes (2019 to 2030) in USD Million
Table 7: South Korea Cake Market Size of Sponge Cakes (2019 to 2030) in USD Million
Table 8: South Korea Cake Market Size of Dessert Cakes (2019 to 2030) in USD Million
Table 9: South Korea Cake Market Size of others (2019 to 2030) in USD Million
Table 10: South Korea Cake Market Size of Supermarkets/Hypermarkets (2019 to 2030) in USD Million
Table 11: South Korea Cake Market Size of Bakery (2019 to 2030) in USD Million
Table 12: South Korea Cake Market Size of Convenience Stores (2019 to 2030) in USD Million
Table 13: South Korea Cake Market Size of Online Retail Stores (2019 to 2030) in USD Million
Table 14: South Korea Cake Market Size of Other (2019 to 2030) in USD Million
Table 15: South Korea Cake Market Size of Packaged (2019 to 2030) in USD Million
Table 16: South Korea Cake Market Size of Unpackaged/Artisanal (2019 to 2030) in USD Million
Table 17: South Korea Cake Market Size of North (2019 to 2030) in USD Million
Table 18: South Korea Cake Market Size of East (2019 to 2030) in USD Million
Table 19: South Korea Cake Market Size of West (2019 to 2030) in USD Million
Table 20: South Korea Cake Market Size of South (2019 to 2030) in USD Million

Figure 1: South Korea Cake Market Size By Value (2019, 2024 & 2030F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Market Attractiveness Index, By Form
Figure 5: Market Attractiveness Index, By Region
Figure 6: Porter's Five Forces of South Korea Cake Market
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South Korea Cake Market Research Report, 2030

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