South Korea Yogurt Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Set Yogurt, Greek Yogurt, Yogurt Drinks, Frozen Yogurt, and Others), By Flavor (Strawberry Blend, Vanilla, Plain, Strawberry, Peach, and Others), and South Korea Yogurt Market Insights, Industry Trend, Forecasts to 2035.
Industry: Food & BeveragesSouth Korea Yogurt Market Insights Forecasts to 2035
- The South Korea Yogurt Market Size was estimated at USD 1.70 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.61% from 2025 to 2035
- The South Korea Yogurt Market Size is Expected to Reach USD 3.10 Billion by 2035
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According to a research report published by Spherical Insights & Consulting, The South Korea Yogurt Market Size is Anticipated to reach USD 3.10 Billion By 2035, Growing at a CAGR of 5.61% from 2025 to 2035. The high use of probiotic-enriched food products and increasing consumer demand towards high protein diets is majorly propelling the market growth.
Market Overview
In South Korea, yogurt is defined as a type of dairy product produced by allowing bacteria to ferment lactose contained in milk, which thickens the food and gives it a sour taste. Yogurt is consumed extensively for its probiotic advantages, promoting digestion and intestinal health. The market offers numerous forms, including flavored yogurt, Greek yogurt, and beverage yogurt, with growing demand for low-fat and probiotic versions. Furthermore, the South Korea yogurt market has seen enormous growth and acceptance by consumers, which is an indicator of the country's preference for healthy eating habits. Preparing yogurt in the country involves heating milk to a certain temperature, cooling it, and the addition of bacterial cultures. This careful process yields a high-value food product that is not just great in taste but also has several health benefits. Also, the South Korean market for yogurt is most notable for the presence of probiotics, healthful bacteria reputed to support intestinal health, which is serving as another major growth stimulant. Furthermore, it is also in line with increasing awareness and focus on digestive health in the nation's health-aware culture, thus positively impacting the regional market.
Report Coverage
This research report categorizes the market for the South Korea yogurt market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea yogurt 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 yogurt market.
South Korea Yogurt Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1.70 Billion |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.61% |
2035 Value Projection: | USD 3.10 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 90 |
Segments covered: | By Product Type, By Flavor and COVID-19 Impact Analysis |
Companies covered:: | Maeil Dairies Co., Ltd., Binggrae Co., Ltd., Seoul Milk Cooperative., Namyang Dairy Products Co., Ltd., Lotte Foods Co., Ltd., and other key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The growth of the market is also driven by the adaptability of yogurt, as it is not only eaten alone as a snack but is also added to multiple culinary preparations. Besides this, with South Korea still focusing on health and wellbeing, the market for yogurt is also expected to grow steadily, providing a balance of flavour, nutrition, and digestive health benefits to a sophisticated consumer base during the forecast period.
Restraining Factors
Probiotic yogurts have limited shelf life, which means they can cause stock problems for retailers, particularly small stores. They might shy away from stocking such items because of the fear of expiry and possible losses from unsold stock approaching its shelf life.
Market Segmentation
The South Korea yogurt market share is classified into product type and flavor.
- The yogurt drinks segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea yogurt market is segmented by product type into yogurt, greek yogurt, yogurt drinks, frozen yogurt, and others. Among these, the yogurt drinks segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Consumers have become more aware of the health attributes of yogurt drinks, especially their probiotic nature. Probiotics are recognized to aid in digestive health, boost immunity, and overall wellness. Consumers' increased awareness of these factors has driven demand for yogurt drinks as functional beverages that aid in gut health.
- The strawberry segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea yogurt market is segmented by flavor into strawberry blend, vanilla, plain, strawberry, peach, and others. Among these, the strawberry segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Strawberries are linked with health benefits because they have antioxidants and contain vitamins. Such an image increases the popularity of strawberry flavored yogurts among healthy consumers.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea yogurt 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
- Maeil Dairies Co., Ltd.
- Binggrae Co., Ltd.
- Seoul Milk Cooperative.
- Namyang Dairy Products Co., Ltd.
- Lotte Foods Co., Ltd.
- Others
Recent Developments:
- In May 2025, Lotus partnered with CP-Meiji to introduce a Greek yogurt ice cream. The product was designed to merge the rich texture of Greek yogurt with the treat of ice cream, targeting consumers who sought healthier dessert options. The ice cream came in two varieties: plain and berry.
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 yogurt market based on the below-mentioned segments:
South Korea Yogurt Market, By Product Type
- Set Yogurt
- Greek Yogurt
- Yogurt Drinks
- Frozen Yogurt
- Others
South Korea Yogurt Market, By Flavor
- Strawberry Blend
- Vanilla
- Plain
- Strawberry
- Peach
- Others
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