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South Korea Dairy Market Share, Key Players, Trends & Forecast 2025-2033
South Korea Dairy Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 390.0 Million
Market Forecast in 2033: USD 1,340.0 Million
Market Growth Rate: 4.09% (2025-2033)
South Korea's dairy industry is thriving, driven by rising health consciousness and innovative product offerings. The market is poised for vibrant growth, fueled by consumer demand and global trends. According to the latest report by IMARC Group, South Korea dairy market size is projected to exhibit a growth rate (CAGR) of 4.09% during 2025-2033.
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South Korea Dairy Industry Trends and Drivers:
The dairy market in South Korea is booming, spurred by increasing health awareness and protein-centric diets, worth over $4 billion, thanks to urban consumers in cities like Seoul. Popular products include milk, yogurt, and cheese, with cheese consuming now rising as it becomes a mainstay in Korean cooking, such as in spicy dishes use it. Along with that, the fermented portion of the dairy like probiotic yogurts are experiencing additional growth as customers shift their focus to gut health. The dairy market benefits from good supply chains and increased refrigeration usage for shelves. Supply also arises from e-commerce companies like Coupang and hypermarkets like E-Mart have added to increased consumer access and thus sales of dairy.
So basically, government programs, like the K-milk label, seek to increase domestically produced dairy products geared to the domestic market, while consumers also use data-friendly imports like sourced from the United States and New Zealand to meet growing demand. Companies like Maeil Dairy and Namyang seek to innovate with flavored milk and health-based products, serving targeted marketing to millennials. The market does also face challenges from lactose intolerance, encouraging some marketers to produce dairy alternatives. However, dairy as an entire group is performing strongly. Additional growth in disposable income is supporting complementary additional dairy products with reduced price sensitivity for premium dairy products. Overall, the South Korean dairy market is well positioned for continued growth underpinned by cultural changes, evolving technology, and robust distribution networks.
South Korea Dairy Industry Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest south korea dairy market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Product Type Insights:
- Liquid Milk
- Flavored Milk
- Cream
- Butter
- Cheese
- Yoghurt
- Ice Cream
- Anhydrous Milk Fat (AMF)
- Skimmed Milk Powder (SMP)
- Whole Milk Powder (WMP)
- Whey Protein
- Lactose Powder
- Curd
- Paneer
Country Insights:
- Seoul Capital Area
- Yeongnam (Southeastern Region)
- Honam (Southwestern Region)
- Hoseo (Central Region)
- Others
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the south korea dairy industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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by vishalguptaimarc on 2025-06-16 08:29:38
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