IMARC Group has recently released a new research study titled “South Korea Dairy Market Report by Product Type (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), and Region 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Dairy Market Overview

The South Korea dairy market size was valued at 3699 million USD in 2024 and is projected to grow at a CAGR of 4.09% during the forecast period from 2025 to 2033. Shifting dietary patterns driven by health awareness and changing preferences for specific dairy products are major growth drivers. The market encompasses various dairy products and benefits from increasing regional population, rising disposable income, and technological advancements in dairy farming.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Dairy Market Key Takeaways

• Current Market Size: 3699 million USD (2024)
• CAGR: 4.09%
• Forecast Period: 2025-2033
• The market is driven by increasing regional population and rising disposable incomes, which escalate the demand for dairy products.
• Consumer trends shifting towards healthier and protein-rich diets further propel market growth.
• Technological advancements in dairy farming improve production efficiency, supporting market expansion.
• Demand for sustainable and ethically sourced dairy products is rising due to environmental concerns and ethical considerations.
• Globalization and regional trade agreements facilitate better market connectivity and competition.

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Market Growth Factors

The South Korea dairy market growth is significantly influenced by the increasing regional population and the rise in disposable incomes. These demographic and economic factors have heightened consumer spending capacity, leading to an increased demand for dairy products that subsequently stimulates industry growth. Rising income levels have empowered consumers to indulge in diverse dairy products, especially those perceived as healthy and nutritious.

Shifting consumer preferences toward healthier lifestyles and protein-rich diets play a crucial role in driving the South Korea dairy market. The market momentum is further supported by increasing health awareness where consumers actively seek dairy products offering essential nutrients such as calcium, protein, and vitamins. These nutritional factors reinforce dairy consumption as a core part of the diet.

Technological advancements in dairy farming practices enhance production efficiency, which bolsters supply capabilities and reduces operational bottlenecks. At the same time, growing environmental concerns and ethical considerations have increased the demand for sustainable and ethically sourced dairy products, pushing manufacturers to adopt eco-friendly and responsible production methods. Furthermore, globalization and regional trade agreements have enabled smoother within-border movement of dairy products, making the market more interconnected, competitive, and accessible.

Market Segmentation

Product Type Insights:

• Liquid Milk: Staple dairy product widely consumed as a source of essential nutrients.
• Flavored Milk: Milk variants infused with flavors catering to consumer taste preferences.
• Cream: Dairy product used in cooking and desserts, adding richness.
• Butter: Common dairy fat product with culinary and baking applications.
• Cheese: Diverse types used in traditional and modern cuisines.
• Yoghurt: Fermented dairy product popular for its probiotic benefits.
• Ice Cream: Frozen dairy dessert with wide consumer appeal.
• Anhydrous Milk Fat (AMF): Concentrated milk fat used in food processing.
• Skimmed Milk Powder (SMP): Low-fat milk powder used in food and beverage formulations.
• Whole Milk Powder (WMP): Full-fat milk powder variant.
• Whey Protein: Dairy protein product used in nutritional supplements and food.
• Lactose Powder: Milk sugar product for use in various food applications.
• Curd: Traditional fermented dairy product.
• Paneer: Fresh cheese variant commonly used in regional cuisines.

Regional Insights:

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

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Regional Insights

The report identifies multiple key regions including the Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others. Specific regional market statistics and dominant region data are not provided in the source. These regions collectively contribute to the dairy market dynamics but exact market share or CAGR per region is not specified.

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