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 |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
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.
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.
Principal Consultant
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
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| 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 |
The anticipated CAGR for probiotic yogurt in Korea through 2033 is 9.0%.
Demand for probiotic yogurt in Korea is likely to reach USD 456 million by 2033.
Drinkable probiotic yogurt are more common in Korea than their counterparts.
Plant-based probiotic yogurt is more in demand in Korea than animal-based.
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
Explore Food and Beverage Insights
View Reports
Demand and Trend Analysis of Probiotic Yogurt in Korea
