Demographic Change Affects Consuming Pattern in the Korea’s Food Market

The number of singleperson households has been rapidly rising in Korea. The data collected in 2010 showed that 23% of total households were made up of just one person.

As the changing needs have raised the need for diversifying choices of single servings of instant and fresh foods, the country`s leading retail chains are expanding its product range of food items tailored for the singles consumer category. The food industry also provides singleserving meals and compact packaging, given that the conventional packages that serve three or four people is a big burden on these individuals of single-person households. Thus, now single servings can be found for tofu, vegetables, soups, and others. The changing dynamics of Korea’s households is also expanding the home meal replacements (HMRs) market in the nation.

 
 
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