South Korea Drinkable Peanut Powder Market Size, Share, and COVID-19 Impact Analysis, By Type (Soluble (Powder), and Insoluble (Particle)), By Application (Shakes, Smoothies, and Flavoured Beverages), and South Korea Drinkable Peanut Powder Market Insights, Industry Trend, Forecasts To 2035
Industry: Food & BeveragesSouth Korea Drinkable Peanut Powder Market Insights Forecasts to 2035
- The South Korea Drinkable Peanut Powder Market Size is Expected to Grow at a CAGR of around 5.1% from 2025 to 2035
- The South Korea Drinkable Peanut Powder Market Size is Expected to Hold a Significant Share by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Drinkable Peanut Powder Market Size is Anticipated to Grow at a CAGR of 5.1% from 2025 to 2035. The market is driven by increasing demand for plant-based, high-protein beverage alternatives, growing health awareness, and the rising popularity of vegan and lactose-free diets among South Korean consumers.
Market Overview
South Korean peanut drinkable powder is witnessing increasing demand from consumers fueled by the increasing demand for plant-based, high-protein, and allergen-safe drinks. With increasing health and wellness trends, especially among young consumers and urban consumers, drinkable peanut powder is becoming a healthy and convenient choice. It is becoming popular due to its protein content, longer shelf life, ease of mixing, and versatility for use in smoothies, shakes, and flavored beverages. Demand is being driven by rising awareness of lactose intolerance, environmental concerns about the production of milk, and a general shift toward functional and clean-label foods. Powder forms of soluble ones are particularly de rigueur for convenience in preparation and silky smoothness, whereas particle forms of insoluble types cater to earthier beverage inclinations. Online channels and health-specific retail are broadening product reach and consumer awareness. With the harvest of further innovation in flavor and formulations continuing to grow, the market is poised to grow ever larger through 2035.
Report Coverage
This research report categorizes the market for the South Korea drinkable peanut powder 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 drinkable peanut powder 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 drinkable peanut powder market.
South Korea Drinkable Peanut Powder Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 5.1% |
Historical Data for: | 2020-2023 |
No. of Pages: | 170 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Type, By Application and COVID-19 Impact Analysis. |
Companies covered:: | CJ CheilJedang, Pulmuone, Nongshim Kellogg, The J.M. Smucker Company, BetterBody Foods, Sukrin, Protein Plus, PB2 Foods, Crazy Richard’s, Lotte Foods, Ottogi, Dongwon F&B and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The momentum is driven by growing need for plant-based and high-protein beverages among South Korean consumers. Growing concerns for lactose intolerance, sustainability, and clean-label nutrition are fueling adoption. Peanut powder in liquid drink form is convenient, shelf-stable, and extremely nutritional, fitting with the active today lifestyle. Innovation in soluble powder ingredients and flavor combinations supports greater adoption in beverages. Progress of web-based health stores and well-being specific promotion also facilitates additional consumer access and drives market expansion into various demographic niches.
Restraining Factors
Market faces several restraint such as low awareness about drinkable peanut powder compared to other substitutes such as almond or oat milk. Texture differences and taste aversion will act as a deterrent to new consumers. Price sensitivity and lopsided availability in mass retailing will discourage broad acceptance. Additionally, regulatory hurdle in the form of allergen labeling and health benefit claims will repress innovation and hold back in-your-face promotion in the initial stage of market growth.
Market Segmentation
The South Korea Drinkable Peanut Powder Market share is classified into application and type.
- The shakes segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea drinkable peanut powder market is segmented by application into shakes, smoothies, and flavoured beverages. Among these, the shakes segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Shakes segment holds large market share due to increasing consumer demand for convenient, high-protein, and filling meal or snack shakes. Peanut powder as a drink is extensively applied in fitness and wellness shakes on account of its concentrated nutrient content, such as protein and healthy fats. South Korean growth in the fitness culture and functional beverage trend drives this segment.
- The soluble (powder) segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea drinkable peanut powder market is segmented by type into soluble (powder), and insoluble (particle). Among these, the soluble (powder) segment dominated the market share in 2024. This segment dominates market share as it is blended easily with liquids and has a favorable texture. Soluble peanut powder is perfect for speedy preparation of protein shakes and flavored drinks, and that is a very attractive feature for healthy and time-conscious consumers. Its texture and applicability to recipes have made it a familiar household and office item.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea drinkable peanut powder 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
- CJ CheilJedang
- Pulmuone
- Nongshim Kellogg
- The J.M. Smucker Company
- BetterBody Foods
- Sukrin
- Protein Plus
- PB2 Foods
- Crazy Richard’s
- Lotte Foods
- Ottogi
- Dongwon F&B
- 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 drinkable peanut powder market based on the below-mentioned segments:
South Korea Drinkable Peanut Powder Market, By Application
- Shakes
- Smoothies
- Flavored Beverages
South Korea Drinkable Peanut Powder Market, By Type
- Soluble (Powder)
- Insoluble (Particle
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