South Korea Dry Whole Milk Powder Market Size, Share, And COVID-19 Impact Analysis, By Source (Buffalo, Cow, Sheep, and Camel), By Application (Dairy Products, Confectionery and Bakery Items, Ready-to-Eat and Nutritional Foods, Infant Nutrition, Protein Supplements, and Others), and South Korea Dry Whole Milk Powder Market Insights, Industry Trend, Forecasts To 2035

South Korea Dry Whole Milk Powder Market Insights Forecasts to 2035

• The South Korea Dry Whole Milk Powder Market size is Expected to Grow at a CAGR of around 3.2% from 2025 to 2035
• The South Korea Dry Whole Milk Powder Market size is expected to hold a significant Share by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Dry Whole Milk Powder Market Size is Anticipated to Grow at a CAGR of 3.2% from 2025 to 2035. The Market is driven by rising demand for shelf-stable, nutrient-rich dairy products and the growing use of milk powder in infant nutrition, bakery, and ready-to-eat foods. Increased health awareness and the popularity of fortified and organic variants are further boosting market growth.

Market Overview

The South Korea whole milk powder dry whole milk market is growing steadily because of changing food lifestyles, growing single household members, and growing consumption of shelf-stable milk. Whole milk powder is finding increased popularity on account of its usage in end-use applications of household and industrial purposes, ranging from infant formula to bakery and protein supplements. Increasing demand for healthy, fortified milk products by consumers led to growth of organic and clean-label options. While fresh milk continues to rule in traditional kitchens, the dried kind is gaining traction in foodservice and online. Urbanization, ease of cooking, and popularity for long shelf life come together to constitute the largest growth drivers. Despite plant-based plant-like competitive products, dry whole milk powder still remains critical in traditional Korean cuisine and fusion fare.

Report Coverage

This research report categorizes the market for the South Korea dry whole milk 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 dry whole milk 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 dry whole milk powder market.

Driving Factors

South Korea dry whole milk powder market is driven by customer demand for convenient-to-consume, long-shelf-life, high-protein dairy ingredients for various uses. Infant food, ready meals, bakery and confectionery, and sport nutrition demand are increasing. Demand for organic, clean label, and fortified dairy powders also goes up. Growing e-commerce, urbanization, and health-expenditure trends also drive the market growth through retail and foodservice channels.

Restraining Factors

The market faces several restraints like growing demand for plant-based milk substitute food and volatility in international dairy prices that affect costs. Dry milk powder will also be threatened by perception factors from consumers of fresh or liquid milk. Additionally, premium segments like organic or camel-based powders might not have availability or knowledge among traditional consumer bases.

Market Segmentation

The South Korea Dry Whole Milk Powder Market share is classified into source and application.

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

The South Korea dry whole milk powder market is segmented by source into buffalo, cow, sheep, and camel. Among these, the cow segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Cow milk powder is universally consumed because of its extremely high nutritional value, price competitiveness, and flexibility of application in household foods as well as current formulations. It is the most widely used and processed form both in domestic production as well as importation.

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

The South Korea dry whole milk powder market is segmented by application into dairy products, confectionery and bakery items, ready-to-eat and nutritional foods, infant nutrition, protein supplements, and others. Among these, the infant nutrition segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Fortified and digestible whole milk powders are increasingly utilized to formulate toddler and infant foods. The long shelf life, high protein and calcium level, and solubility of whole milk powder make it a raw material necessary for the manufacture of infant food. Increasing dual-income families and premium baby food demand propel this segment, in turn.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dry whole milk 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

• Seoul Dairy Cooperative
• Namyang Dairy Products Co., Ltd.
• Maeil Dairies Co., Ltd.
• Binggrae Co., Ltd.
• Lotte Food Co., Ltd.
• Nestlé S.A.
• Fonterra Co-operative Group
• FrieslandCampina
• Arla Foods
• Morinaga Milk Industry Co., Ltd.
• 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 dry whole milk powder market based on the below-mentioned segments:

South Korea Dry Whole Milk Powder Market, By Source

• Buffalo
• Cow
• Sheep
• Camel

South Korea Dry Whole Milk Powder Market, By Application

• Dairy Products
• Confectionery and Bakery Items
• Ready-to-Eat and Nutritional Foods
• Infant Nutrition
• Protein Supplements
• Others