South Korea Cow Milk Infant Formula Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Powdered Infant Formula, Liquid Infant Formula, Ready-to-Feed Infant Formula), By Nutritional Composition (Standard Formula, Organic Formula, Hypoallergenic Formula, Lactose-Free Formula), and South Korea Cow Milk Infant Formula Market Insights, Industry Trend, Forecasts to 2035

South Korea Cow Milk Infant Formula Market Insights Forecasts to 2035

• The South Korea Cow Milk Infant Formula Market size is Expected to Grow at a CAGR of around 4.8% from 2025 to 2035
• The South Korea Cow Milk Infant Formula Market size is expected to hold a significant Share by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Cow Milk Infant Formula Market is anticipated to grow at a CAGR of 4.8% from 2025 to 2035. The market is driven by rising health awareness and increasing demand for convenient, high-quality infant nutrition, the South Korea cow milk infant formula market is steadily expanding.

Market Overview

The South Korea cow milk infant formula market is composed of infant nutrition products that represent cow milk including powdered, liquid, and ready-to-feed that are meant to supplement or replace breastfeeding. The products are designed to support the nutritional needs of infants and toddlers. The South Korean market continues to be driven by heightened consumer health perspectives, a stronger inclination toward premium and imported brands, and an increase in working mothers. Although South Korea suffers from a low birth rate, the per child spending is high because parents continue to purchase organic and specialty infant formula (e.g., hypoallergenic or lactose free) that represents high quality. All of these are good indicators that the market will continue to grow steadily thanks to the thriving retail and online distribution channels, improvements in nutritional formulations for the formula, and increasing consumer confidence in the science behind infant nutrition.

Report Coverage

This research report categorizes the market for the South Korea cow milk infant formula market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea cow milk infant formula market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea cow milk infant formula market.

Driving Factors

The South Korea cow milk infant formula market is driven by the rising health consciousness among parents, growing demand for safe and beneficial infant products, and increasing female labor force participation. As mothers want convenient solutions for feeding their infants, it has fueled the demand for high-quality infant formula. There is an increasing preference for premium, organic, and specialty products driving overall demand. Furthermore, the increasing ease of purchase through e-commerce and the availability of international brands among all types of retail stores has increased accessibility to cow milk feeding products, and trust in cow milk based nutrition.

Restraining Factors

The South Korea cow milk infant formula market faces restraints due to the low birth rate in the country which makes the overall market size less significant. The strong promotion of breastfeeding, strict government regulation on marketing infant formulas, and rising competition from plant based and alternative formulas presents challenges to growth in the market.

Market Segmentation

The South Korea cow milk infant formula market share is classified into product type and nutritional composition.

• The powdered infant formula segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cow milk infant formula market is segmented by product type into powdered infant formula, liquid infant formula, and ready-to-feed infant formula. Among these, the powdered infant formula segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. It is cost-effective, easy to store, has a longer shelf life, and is widely available, both in stores and online, and is therefore preferable to parents. The growth is driven by growing demand from health-conscious parents who prefer natural and chemical-free nutrition for their infants.

• The organic formula segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cow milk infant formula market is segmented by nutritional composition into standard formula, organic formula, hypoallergenic formula, and lactose-free formula. Among these, the organic formula segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth is driven by increasing demand from health-conscious parents who want natural and chemical free options for their infants.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cow milk infant formula market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nestle
• Mead Johnson Nutrition
• Abbott Laboratories
• Danone
• Reckitt Benckiser
• Royal FrieslandCampina
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cow milk infant formula market based on the below-mentioned segments:

South Korea Cow Milk Infant Formula Market, By Product Type

• Powdered Infant Formula
• Liquid Infant Formula
• Ready-to-Feed Infant Formula

South Korea Cow Milk Infant Formula Market, By Nutritional Composition

• Standard Formula
• Organic Formula
• Hypoallergenic Formula
• Lactose-Free Formula