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Market Concentration of the Processed Food in Korea

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  • Kim, Sounghun
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    Abstract

    In Korea, processed food markets have various shapes of structure: the markets of ice cream, special dietary food, noodles, sugar are highly concentrated, while the markets of gimchi, pickles, and ice are not very concentrated. The level of market concentration changes over time. These market structures and structural changes cause impacts on related industries as well as own industries. For the more successful policies, the paper suggests three ideas: to realize that each food processing industry has a different industry structure, to understand the relationship between the food processing industry and upstream and downstream industries and to take into account opinions from various sources before adopting new policies.

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    File URL: http://purl.umn.edu/45682
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    Bibliographic Info

    Article provided by Korea Rural Economic Institute in its journal Journal of Rural Development/Nongchon-Gyeongje.

    Volume (Year): 31 (2008)
    Issue (Month): 5 (November)
    Pages:

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    Handle: RePEc:ags:jordng:45682

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    Related research

    Keywords: processed food market; food processing industry; market structure; market concentration; CR4; CR10; monopoly; oligopoly; Korea; Korean; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety;

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    1. Ollinger, Michael & Nguyen, Sang V. & Blayney, Donald P. & Chambers, William & Nelson, Kenneth B., 2005. "Structural Change in the Meat, Poultry, Dairy and Grain Processing Industries," Economic Research Report 7217, United States Department of Agriculture, Economic Research Service.
    2. Bolling, H. Christine & Neff, Steven & Handy, Charles R., 1998. "U.S. Foreign Direct Investment in the Western Hemisphere Processed Food Industry," Agricultural Economics Reports 34017, United States Department of Agriculture, Economic Research Service.
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