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 3999 million USD in the base year 2024. It is projected to grow at a CAGR of 4.09% during the forecast period from 2025 to 2033. The market growth is driven by shifting dietary patterns influenced by health awareness and dietary trends, which significantly impact demand for specific dairy products.

Study Assumption Years

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

South Korea Dairy Market Key Takeaways

• Current Market Size: 3999 Million USD (2024)
• CAGR: 4.09% (2025-2033)
• Forecast Period: 2025-2033
• Increasing regional population and rising disposable incomes are major catalysts for dairy industry growth.
• Consumer preferences have shifted towards healthier and protein-rich diets, boosting market expansion.
• Technological advancements in dairy farming practices have enhanced production efficiency.
• Demand for sustainable and ethically sourced dairy products is rising due to environmental and ethical concerns.
• Globalization and regional trade agreements have facilitated the movement of dairy products within borders.

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Market Growth Factors

The South Korea dairy market experiences growth primarily due to demographic and economic factors. The increasing regional population and rising disposable incomes have heightened demand for dairy products, acting as a significant growth catalyst. Consumers are increasingly adopting dietary patterns influenced by health awareness, which has shifted preferences towards dairy products that provide essential nutrients. This combination of population growth and increased purchasing power continues to spur market demand and expansion.

The shift toward healthier and protein-rich diets has further propelled the market. Consumers prioritize dairy items that support overall health, calcium intake, and protein consumption. This dietary inclination aligns with broader global health trends emphasizing nutritional benefits of dairy products such as milk, cheese, butter, and yoghurt. Such evolving consumer preferences facilitate expanded product offerings and increased consumption volumes across South Korea.

Technological advancements also play a vital role in supporting market growth. Innovations in dairy farming practices have improved production efficiency, enabling the industry to meet surging demand effectively. At the same time, growing environmental concerns and ethical considerations increase demand for sustainable and ethically sourced dairy products. These factors are steering the market toward eco-friendly practices, aligning with global trends for sustainability in food production.

Market Segmentation

Product Type:

• Liquid Milk: Primary staple dairy product consumed widely for its nutritional benefits.
• Flavored Milk: Milk variants enhanced with added flavors to cater to diverse consumer tastes.
• Cream: Dairy product used in cooking and baking, adding richness and texture.
• Butter: A common fat source derived from milk, used in cooking and food preparation.
• Cheese: Cultured dairy product with significant culinary importance and variety.
• Yoghurt: Fermented milk product favored for its probiotic qualities.
• Ice Cream: Frozen dessert made from dairy products, popular across demographics.
• Anhydrous Milk Fat (AMF): Concentrated milk fat used in various food applications.
• Skimmed Milk Powder (SMP): Powdered form of milk with reduced fat content, used for convenience and shelf stability.
• Whole Milk Powder (WMP): Powdered milk retaining full milk fat, used in food manufacturing and consumer products.
• Whey Protein: Dairy protein extracted from whey, popular in health and fitness products.
• Lactose Powder: Milk sugar powder used in food processing and dietary supplements.
• Curd: Traditional fermented dairy product with cultural significance.
• Paneer: Indian-style fresh cheese used in cooking, reflecting diverse dietary incorporations.

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Regional Insights

The report segments the market by region including Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and Others. Specific market share or CAGR statistics by region are not provided in the source. The market is driven by rising demand in these key regions reflecting the overall national growth.

South Korea's dairy industry sees diverse regional contributions, with the Seoul Capital Area being a major market hub. Increasing regional populations and disposable incomes across these regions fuel growth, alongside evolving consumer preferences and technological adoption in farming.

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