A growing focus on health and wellness is significantly propelling the South Korea frozen yoghurt market expansion. Consumer awareness of the health benefits of yoghurt is driving a shift towards frozen yoghurt as a perceived healthier alternative to traditional ice cream. This trend has led to a surge in demand for frozen yoghurt products, particularly among urban demographics with a strong health consciousness.
The diversification of frozen yoghurt applications by food and beverage companies like PepsiCo (NASDAQ: PEP) is a significant driver of market expansion. Beyond its traditional function as a standalone dessert, frozen yoghurt is increasingly incorporated as a key ingredient in various culinary creations. This includes baked goods, beverages, and even savoury dishes.
The market is experiencing steady growth, driven by the increasing adoption of Western dietary trends and the country's robust food and beverage industry. To cater to evolving consumer preferences, brands are actively innovating with flavours, toppings, and flavour combinations, fostering a dynamic and competitive market environment.
The rising trend of fitness in South Korea has also contributed to the increased demand for frozen yoghurt. Its high protein content makes it a popular choice among athletes and fitness enthusiasts, further driving the growth of the market.
The burgeoning vegan movement and the increasing popularity of plant-based diets have fuelled a growing interest in frozen yoghurt as a viable dairy alternative. The introduction of dairy-free frozen yoghurts formulated with almond milk, coconut milk, and other plant-based substitutes has allowed the market to cater to the expanding vegan consumer base. This development has demonstrably contributed to the growth of the market.
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Market Breakup by Type, Flavour, and Distribution Channel:
- On the basis of type, the market is bifurcated into dairy based and non-dairy based.
- The market can be segmented based on flavour into regular and flavoured.
- On the basis of the distribution channel, the market is divided into supermarket/hypermarkets, convenience stores, and online, among others.
Key Findings of the Report:
- The South Korea dessert market is experiencing a shift towards healthier options. Consumers are demonstrating a growing focus on wellness and actively seeking out products perceived to offer a superior nutritional profile.
- Frozen yoghurt's appeal lies in its perceived health benefits, including reduced fat content, lower calorie count, and the presence of probiotics. These attributes resonate strongly with health-conscious consumers, propelling the South Korea frozen yoghurt market growth.
- The rising fitness culture in South Korea strengthens the popularity of frozen yoghurt. Its potential for being a high-protein dessert aligns well with the health and wellness goals of this active demographic.
Key Offerings of the Report:
- The EMR report gives an overview of the South Korea frozen yoghurt market for the periods (2018-2023) and (2024-2032).
- The report also offers historical (2018-2023) and forecast (2024-2032) market information for types, flavours, and distribution channels of frozen yoghurt in South Korea.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, trade data analysis, along with providing an assessment of the SWOT and Porter’s Five Forces models.
The major players in the South Korea frozen yoghurt market are Lotte Confectionery Co.,Ltd, Namyang Co., Ltd., Binggrae Co., Ltd., Maeil Co.Ltd, and Danone Pulmuone Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Key Highlights of the Report
| REPORT FEATURES |
DETAILS |
| Base Year |
2023 |
| Historical Period |
2018-2023 |
| Forecast Period |
2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
- Type
- Flavour
- Distribution Channel
|
| Breakup by Type |
- Dairy-based
- Non-Dairy-Based
|
| Breakup by Flavour |
|
| Breakup by Distribution Channel |
- Supermarket/Hypermarkets
- Convenience Stores
- Online
- Others
|
| Market Dynamics |
- SWOT Analysis
- Porter's Five Forces Analysis
- Key Indicators for Demand
- Key Indicators for Price
|
| Trade Data Analysis |
- Major Exporting Countries
- Major Importing Countries
|
| Competitive Landscape |
- Market Structure
- Company Profiles
- Company Overview
- Product Portfolio
- Demographic Reach and Achievements
- Certifications
|
| Companies Covered |
- Lotte Confectionery Co.,Ltd
- Namyang Co., Ltd.
- Binggrae Co., Ltd.
- Maeil Co.Ltd
- Danone Pulmuone Co., Ltd.,
- Others
|
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