Demand and Trend Analysis of Probiotic Yogurt in Korea

A Complete Study of Probiotic Yogurt in Korea from 2023 to 2033

Demand for probiotic yogurt in Korea is anticipated to exhibit a promising CAGR of 9.0% through 2033. The sales of probiotic yogurt is expected to experience significant growth, increasing from USD 193.3 million in 2023 to around USD 456 million by 2033.

This surge in demand for probiotic yogurt in Korea can be attributed to the growing awareness of its health benefits and an increasing emphasis on gut health, particularly among the health-conscious and aging population.

Key Highlights:

Westernized Dietary Trends Drive the Consumption of Probiotic Yogurt in Korea

The increasing adoption of a Westernized diet in Korea has led to a rise in digestive issues among the population. Conditions such as bloating, indigestion, and irritable bowel syndrome (IBS) have become more prevalent. This has created a demand for practical solutions to maintain a healthy diet, which can be achieved by regularly consuming probiotic yogurt.

Probiotic yogurt has gained significant popularity as a go-to remedy for digestive health issues in Korea. The live cultures in probiotic yogurt, including strains like Lactobacillus and Bifidobacterium, help improve digestion. They also enhance nutrient absorption and support a robust immune system. This surge in popularity has led to an increased demand for probiotic yogurt in Korea.

Attributes	Key Statistics
Expected Base Year Value (2023)	USD 193.3 million
Anticipated Forecast Value (2033)	USD 456 million
Estimated Growth (2023 to 2033)	9.0% CAGR

Adoption Analysis of Probiotic Yogurt in Korea

• People who prioritize their health and well-being are often the primary consumers of probiotic yogurt in Korea. These individuals come in the age group range of 5 to 65 years.
• People experiencing digestive problems such as bloating, indigestion, or irritable bowel syndrome (IBS) often turn to probiotic yogurt as a natural remedy.
• Individuals into fitness and exercise often consume probiotic yogurt as part of their overall wellness routine. They recognize the importance of maintaining a healthy gut for optimal nutrient absorption.
• Probiotic yogurt is also popular among parents looking to provide their children with a healthy and balanced diet. It is often viewed as a nutritious snack or meal addition that supports their children's digestive health.
• With advancing age, the importance of maintaining good digestive health increases. The aging population in Korea plays a significant role in driving the demand for probiotic yogurt in the industry.

Category-wise Insights

Probiotic Yogurt Drinks have become a Go-to Option for Consumers in Korea

On the basis of product type, the probiotic yogurt industry are segmented into drinkable and spoonable probiotic yogurt, with the former dominating the Korean landscape with a whopping share of 23% as of 2023.

Attributes	Details
Product Type	Drinkable
Value Share in 2023	23%

In a fast-paced society like Korea, where people often have hectic schedules, drinkable probiotic yogurt provides a quick and easy way to incorporate probiotics into their daily routine.

The availability of a wide range of flavors and formulations in the drinkable probiotic yogurt industry has further fueled its demand. Manufacturers have responded to the increasing demand for probiotic yogurt by introducing diverse flavors, such as fruit-infused or blended options, to cater to different tastes.

Plant-based Probiotic Yogurt Claims the Prime Industry Share in Korea

Based on the source, plant-based probiotic yogurt dominates the industry in Korea by holding an industry share of 13.00% in 2023.

Attributes	Details
Source	Plant-based
Value share in 2023	13.00%

Plant-based probiotic yogurt provides a viable option for those who follow a vegan or lactose-free diet, offering them the benefits of probiotics without the use of animal-derived ingredients. The availability of a wide range of flavors and textures in plant-based probiotic yogurt has further contributed to its dominance in the Korea probiotic yogurt industry.

Competitive Landscape

The competitive landscape of the probiotic yogurt industry in Korea is a vibrant mix of international giants and local artisans. Global players with extensive resources and distribution networks have captured a significant share of the industry, catering to both domestic and international demand.

Meanwhile, small-scale enterprises cater to local consumers seeking organic, plant-based, and untreated probiotic yogurt products. This blend of international prowess and local ingenuity creates a captivating and competitive industry, offering Korea’s probiotic yogurt enthusiasts a wide range of options.

Recent Developments in the Probiotic Yogurt Industry in Korea

• In March 2023, Seoul Milk launched a new line of probiotic yogurt called "Seoul Milk Probiotic Yogurt." This line of yogurt contains a variety of probiotics, including Lactobacillus acidophilus, Lactobacillus casei, and Bifidobacterium lactis. It is also low in fat and calories.
• In February 2023, Binggrae launched a new line of probiotic yogurt called "Binggrae Bifidus Yogurt." This line of yogurt contains the probiotic Bifidobacterium bifidum. It is also high in protein and calcium.
• In January 2023, Namyang Dairy launched a new line of probiotic yogurt called "Namyang Pro-Balance Yogurt." This line of yogurt contains a variety of probiotics, including Lactobacillus acidophilus, Lactobacillus casei, and Bifidobacterium longum. It is also low in sugar and calories.

Some of the Key Players in this field in Korea

• Seoul Milk
• Binggrae
• Namyang Dairy
• Ottogi Dairy
• Lotte Foods
• CJ Cheiljedang
• Yoplait Korea
• Yakult Korea
• Dongwon Food
• Maeil Dairies
• Seoul Dairy Cooperative
• Hanssem Foods

Scope of the Report

Attribute	Details
Estimated Valuation (2023)	USD 193.3 million
Projected Valuation (2033)	USD 456 million
Anticipated CAGR (2023 to 2033)	9.0% CAGR
Historical Analysis of Demand for Probiotic Yogurt in Korea	2018 to 2022
Demand Forecast for Probiotic Yogurt in Korea	2023 to 2033
Quantitative Units	Revenue in USD million and CAGR from 2023 to 2033
Report Coverage	Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Provinces Analyzed	South Gyeongsang, North Jeolla, South Jeolla, Jeju
Key Companies Profiled	Seoul Milk; Binggrae; Namyang Dairy; Ottogi Dairy; Lotte Foods; CJ Cheiljedang; Yoplait Korea; Yakult Korea; Dongwon Food; Maeil Dairies; Seoul Dairy Cooperative; Hanssem Foods

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
• 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
  • 5.1. Drinkable Probiotic Yogurt
  • 5.2. Spoonable Probiotic Yogurt
• 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Flavor
  • 6.1. Regular/Unflavoured
  • 6.2. Flavoured
    • 6.2.1. Vanilla
    • 6.2.2. Strawberry
    • 6.2.3. Blueberry
    • 6.2.4. Peach
    • 6.2.5. Others
• 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
  • 7.1. Hypermarkets/Supermarkets
  • 7.2. Convenience Stores
  • 7.3. Specialty Stores
  • 7.4. Online Retailers
  • 7.5. Wholesalers
  • 7.6. Grocery Stores
  • 7.7. Other Retail Formats
• 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
  • 8.1. South Gyeongsang
  • 8.2. North Jeolla
  • 8.3. South Jeolla
  • 8.4. Jeju
• 9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
• 14. Market Structure Analysis
• 15. Competition Analysis
  • 15.1. Yakult Honsha Co., Ltd.
  • 15.2. General Mills Inc.
  • 15.3. i-Health Inc.
  • 15.4. Lallemand Inc.
  • 15.5. Lifeway Foods, Inc.
  • 15.6. Mother Dairy Fruit & Vegetable Pvt. Ltd.
  • 15.7. Kerry
  • 15.8. Nestle S.A.
  • 15.9. Probi
  • 15.10. Danisco A/S
• 16. Assumptions & Acronyms Used
• 17. Research Methodology