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2024 Market Review and the Definitive Korean Restaurant Ranking Top 30

  • Enterprise40
  • Jun 5
  • 1 min read

Updated: Jul 18

Korea’s foodservice market had one of the fastest recoveries from the pandemic. But prolonged economic downturns have shifted consumer sentiment. Our new report highlights the fastest-growing trends and opportunities across Korea’s evolving landscape so you can align your strategies to the latest consumer motivations. The report also shares our definitive Top 30 restaurants in the Korean market.


Highlight:


  • Korea’s foodservice market declined 3% in 2024, the steepest drop among the 12 countries our CREST® service covers

  • Value meals grew 14%, underscoring the global trend of consumers moving away from higher priced segments

  • The most visible shifts occurred in the burger and café segments

  • The Top 30 brands accounted for 18% of total foodservice spend



Enterprise40

Korea continues to show a strong westernization trend in its food culture

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