The demand for non-dairy creamer is expected to reach US$ 181.7 million in 2023 in Korea, up from US$ 169.9 million in 2022. The consumption of non-dairy creamer is expected to progress at a healthy pace over the period from 2023 to 2033, with a CAGR of 8.1%. By 2033, the sales of non-dairy creamer are expected to surpass US$ 396.93 million in Korea.
Attributes | Details |
---|---|
Industry Size for Korea in 2023 | US$ 181.7 million |
Expected Industry Size for Korea in 2033 | US$ 396.93 million |
Forecasted CAGR between 2023 to 2033 | 8.1% |
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In Korea, people typically prefer to consume non-dairy creamer in powder form. For 2023, powder is expected to contribute to 58.0% of the industry share by form.
Powder has been the predominant form through which non-dairy creamer has been consumed. Non-dairy powder creamer is expected to continue experiencing high demand due to the non-fussy nature of the product. Additionally, powder has a longer shelf life than non-dairy creamer in liquid form. Thus, the popularity of powder among non-dairy creamer consumers persists.
Demand for Non-dairy Creamer in Korea Based on Form | Powder |
---|---|
Industry Share in 2023 | 58.0% |
Vegetable oil continues to dominate as the prevalent base for non-dairy creamer in Korea. In 2023, vegetable oil is expected to account for 55.9% of the industry share by base.
The use of vegetable oil as a base has faced criticism from customers due to its trans-fat content. However, alternative plant-based bases are expensive to manufacture. Thus, the prevailing method of producing non-dairy creamer with vegetable oil still persists in Korea.
Demand for Non-dairy Creamer in Korea Based on Base | Vegetable Oil |
---|---|
Industry Share in 2023 | 55.9% |
Local companies with creamers have added the non-dairy version to expand business prospects. Industry players are banking on the rising coffee culture in the country to sell non-dairy coffee creamers. Competitors are also emphasizing the non-lactose and vegan properties of the product. Foreign companies have started making headway in the country. Thus, the landscape for non-dairy creamer in Korea is highly competitive.
Recent Developments Observed in Non-dairy Creamer in Korea
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | US$ 181.7 million |
Projected Industry Size by 2033 | US$ 396.93 million |
Anticipated CAGR between 2023 to 2033 | 8.1% CAGR |
Historical Analysis of Demand for Non-dairy Creamer in Korea | 2018 to 2022 |
Demand Forecast for Non-dairy Creamer in Korea | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Key Insights for Non-dairy Creamer in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Companies Profiled |
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Key Provinces Profiled |
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The industry size of non-dairy creamer in Korea is estimated to be US$ 181.7 million in 2023.
Non-dairy creamer is forecasted to develop at a promising rate of 8.1% in Korea for the 2023 to 2033 period.
The industry size for non-dairy creamer is forecasted to reach US$ 396.93 million in Korea by 2033.
Vegetable oil is the preferred base for non-dairy creamer in Korea, with an expected industry share of 55.9% in 2023.
Surging vegan population and the demand for lactose-free food are some of the reasons for growth in demand for non-dairy creamer in Korea.
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Form, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Form, 2023 to 2033
5.3.1. Powder
5.3.2. Liquid
5.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Nature, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Nature, 2023 to 2033
6.3.1. Organic
6.3.2. Conventional
6.4. Y-o-Y Growth Trend Analysis By Nature, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Nature, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Flavor
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Flavor, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Flavor, 2023 to 2033
7.3.1. Original/Unflavoured
7.3.2. French Vanilla
7.3.3. Chocolate
7.3.4. Coconut
7.3.5. Hazelnut
7.3.6. Other Flavors
7.4. Y-o-Y Growth Trend Analysis By Flavor, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Flavor, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Type
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Type, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Type, 2023 to 2033
8.3.1. Original
8.3.2. Light
8.3.3. Fat-free
8.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Base
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Base, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Base, 2023 to 2033
9.3.1. Plant-based Milk
9.3.1.1. Almond
9.3.1.2. Coconut
9.3.1.3. Others
9.3.2. Vegetable Oil
9.4. Y-o-Y Growth Trend Analysis By Base, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By Base, 2023 to 2033
10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
10.1. Introduction / Key Findings
10.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By End Use, 2018 to 2022
10.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By End Use, 2023 to 2033
10.3.1. HoReCa/Foodservice
10.3.2. Food and Beverage Processing
10.3.2.1. Food Premixes
10.3.2.2. Soups and Sauces
10.3.2.3. Coffee Mixes
10.3.2.4. Tea Mixes
10.3.2.5. Bakery Products and Ice Creams
10.3.2.6. RTD Beverages
10.3.2.7. Infant Food
10.3.2.8. Prepared and Packaged Food
10.3.2.9. Household/Retail
10.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
10.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
11. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Packaging
11.1. Introduction / Key Findings
11.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Packaging, 2018 to 2022
11.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Packaging, 2023 to 2033
11.3.1. Retail
11.3.1.1. Sachets
11.3.1.2. Bags
11.3.1.3. Pouches
11.3.1.4. Canisters
11.3.1.5. Bottles
11.3.2. Plastic Jars
11.3.3. Bulk
11.4. Y-o-Y Growth Trend Analysis By Packaging, 2018 to 2022
11.5. Absolute $ Opportunity Analysis By Packaging, 2023 to 2033
12. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Introduction
12.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
12.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
12.3.1. South Gyeongsang
12.3.2. North Jeolla
12.3.3. South Jeolla
12.3.4. Jeju
12.3.5. Rest of Korea
12.4. Market Attractiveness Analysis By Region
13. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Form
13.2.2. By Nature
13.2.3. By Flavor
13.2.4. By Type
13.2.5. By Base
13.2.6. By End Use
13.2.7. By Packaging
13.3. Market Attractiveness Analysis
13.3.1. By Form
13.3.2. By Nature
13.3.3. By Flavor
13.3.4. By Type
13.3.5. By Base
13.3.6. By End Use
13.3.7. By Packaging
13.4. Key Takeaways
14. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Form
14.2.2. By Nature
14.2.3. By Flavor
14.2.4. By Type
14.2.5. By Base
14.2.6. By End Use
14.2.7. By Packaging
14.3. Market Attractiveness Analysis
14.3.1. By Form
14.3.2. By Nature
14.3.3. By Flavor
14.3.4. By Type
14.3.5. By Base
14.3.6. By End Use
14.3.7. By Packaging
14.4. Key Takeaways
15. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Form
15.2.2. By Nature
15.2.3. By Flavor
15.2.4. By Type
15.2.5. By Base
15.2.6. By End Use
15.2.7. By Packaging
15.3. Market Attractiveness Analysis
15.3.1. By Form
15.3.2. By Nature
15.3.3. By Flavor
15.3.4. By Type
15.3.5. By Base
15.3.6. By End Use
15.3.7. By Packaging
15.4. Key Takeaways
16. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Form
16.2.2. By Nature
16.2.3. By Flavor
16.2.4. By Type
16.2.5. By Base
16.2.6. By End Use
16.2.7. By Packaging
16.3. Market Attractiveness Analysis
16.3.1. By Form
16.3.2. By Nature
16.3.3. By Flavor
16.3.4. By Type
16.3.5. By Base
16.3.6. By End Use
16.3.7. By Packaging
16.4. Key Takeaways
17. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
17.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
17.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
17.2.1. By Form
17.2.2. By Nature
17.2.3. By Flavor
17.2.4. By Type
17.2.5. By Base
17.2.6. By End Use
17.2.7. By Packaging
17.3. Market Attractiveness Analysis
17.3.1. By Form
17.3.2. By Nature
17.3.3. By Flavor
17.3.4. By Type
17.3.5. By Base
17.3.6. By End Use
17.3.7. By Packaging
17.4. Key Takeaways
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Form
18.3.3. By Nature
18.3.4. By Flavor
18.3.5. By Type
18.3.6. By Base
18.3.7. By End Use
18.3.8. By Packaging
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Hee Chang Dairy & Food Co., Ltd
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. Dong Suh Co., Ltd
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Alpha Food
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Viceroy Holland B.V.
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. Super Group Ltd.
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. Shandong Tianjiao Biotech Co. Ltd.
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. Preserved Food Specialty Co. Ltd.
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. Rich Products Corporation
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. PT Santos Premium Krimer
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. Custom Food Group
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
19.1.11. Danone S.A.
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
19.1.11.5.2. Product Strategy
19.1.11.5.3. Channel Strategy
19.1.12. Friesland Campina Kievit BV
19.1.12.1. Overview
19.1.12.2. Product Portfolio
19.1.12.3. Profitability by Market Segments
19.1.12.4. Sales Footprint
19.1.12.5. Strategy Overview
19.1.12.5.1. Marketing Strategy
19.1.12.5.2. Product Strategy
19.1.12.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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