HMR Info
KEY TREND of single-person household
HMRWhat is HMR?
It is the Key Trend of modern dietary life.
HMR is New Meal Solution responsible for the diet of busy modern people.
-
READY TO EAT
Products edible without
cooking -
READY TO HEAT
Products which only
need to be heated -
READY TO COOK
Ready to Cook
products edible after
simple cooking -
READY TO MEAL
Ready to Meal products
with packaged ingredients
ready to be cooked
Growth of Korean HMR Market
(Sources : Ministry of Agriculture, Food and Rural Affairs)
- Analysis
-
- South Korea’s HMR market is growing by an average of 17% per per year from 6.5 million dollars in 2010
- 4.1 billion dollars in 2019, and 8.3 billion dollars in 2023 (Expected)
Trend of HMR 2022
-
Time is Gold
Consumers are willing to open their wallets to products which can save their time
-
4th Meal
New trends of eating quality dinner, and simple breakfast is emerging due to work-live balance in Korea
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BFY(Better for You)
People are looking for more healthy and balanced nutrition in their diet, expanding BFY products
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Silver & Care HMR
Trend of increasing aging population, leading to aging society, brings the necessity for health related food
-
Restaurant Meal Replacement(RMR)
As the market size increases, ready meals of popular restaurants are being made for consumers to eat at home
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Online Connected
HMRs are now online connected, purchasable through online stores and online subscription entailing fast delivery
The Future of HMR
Percentage of Single Households
(Unit : %)
Acceleration of Ageing Society
(Unit : %/만 가구)
- Analysis
-
- Increase of HMR demands due to increasing single households and women’s role in society
- Various forms of HMR and related services available due to development and integration of technology
- Expansion of silver food to improve life quality of seniors in accelerated ageing society
Evolution of Korean HMR
Evolution of HMR per generations
- Analysis
-
- Change of perception from unhealthy instant food to necessary food with abundant nutrition
- Expansion of HMR to famous restaurant menus and one portion food
- Increasing production of HMR products from various retailers, manufacturers to food conglomerates
- Entering R&D phase of care food or silver food to prepare for ageing society