The South Korea dairy market is experiencing steady growth, driven by the increasing demand for dairy products such as milk, yogurt, and cheese. With a growing focus on health and wellness, consumers in South Korea are turning to dairy for its nutritional benefits, including calcium and protein. The market is also benefiting from innovations in dairy product offerings, such as functional and flavored variants, making it an exciting and evolving industry.South Korea Dairy Market Size
The South Korea dairy market was valued at approximately USD 4.21 billion in 2025, reflecting strong consumer interest in dairy products across all segments. This market size is primarily driven by the rising demand for high-quality, nutritious dairy products. The growing preference for convenient and ready-to-eat dairy items, such as yogurt, flavored milk, and cheese, has contributed significantly to the market’s value. Moreover, dairy products' health benefits, such as promoting bone health, continue to drive consumer adoption.
South Korea Dairy Market Trends
Several key trends are shaping the South Korea dairy market. One of the most notable trends is the increasing demand for functional dairy products, including probiotics and fortified milk. Consumers are becoming more health-conscious, leading to a higher demand for dairy items that promote gut health, immunity, and overall wellness.
South Korea Dairy Market Growth
The South Korea dairy market is expected to grow at a CAGR of about 4.00% during the forecast period from 2026 to 2035. This growth is supported by the ongoing consumer preference for dairy products and the increasing focus on health and nutrition. Rising disposable incomes and a higher willingness to spend on premium dairy products are expected to further boost market growth.
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South Korea Dairy Market Forecast
By 2035, the South Korea dairy market is projected to reach a value of around USD 6.23 billion. This forecast is supported by the increasing consumption of dairy products driven by health and wellness trends. As consumer preferences evolve, dairy companies will likely continue to introduce new, innovative products to meet the growing demand for functional and premium dairy offerings.
Competitive Analysis
Nestlé SA has a strong presence in the South Korea dairy market with its range of dairy products, including milk powder, yogurt, and beverages. Nestlé’s commitment to innovation and global brand presence allows it to maintain a competitive edge in the market.
Others include various local and international players who continue to innovate and adapt to the changing preferences of consumers. Many companies are diversifying their product offerings to include organic, lactose-free, and plant-based alternatives to meet the diverse needs of the South Korean population.