South Korea Lactose-Free Yogurt Market to Grow at a CAGR of 12.3% During 2024-2032, Aided by Rising Demand for Food Products that Promote Digestive Health

Driven by a growing understanding of the health advantages linked to probiotic consumption, there has been a substantial movement towards incorporating probiotic-rich options into daily diets. This trend directly translates to rising demand for lactose-free yogurt within the South Korean market. This surge is attributable to the product's ability to cater to health-conscious consumers seeking both the well-documented benefits of probiotics and the elimination of lactose, a common dietary concern.

 
The rise of lactose intolerance and the growing emphasis on health and wellness have aided the South Korea lactose-free yogurt market growth. This product caters to a specific dietary need while aligning with the nutritional preferences of health-conscious individuals seeking to incorporate wholesome elements into their dietary regimes.

The market is being driven not only by direct consumption of yogurt but also by its expanding applications across various industries. Within the food and beverage sector, lactose-free yogurt serves as a key ingredient in the production of popular items like smoothies, parfaits, and desserts. This broadens its appeal and market reach. Furthermore, the cosmetic industry has discovered the potential of lactose-free yogurt's skin-nourishing properties. This has led to its incorporation into the formulation of various skincare products, creating an additional avenue for market growth.

Nestlé SA (OTCMKTS: NSRGY) recognises the growing demand for plant-based alternatives and offers a comprehensive selection of nutritious and delicious plant-based dairy products. These products cater to a variety of dietary needs, including those with lactose intolerance or those who follow dairy-free or vegan lifestyles.

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Market Breakup by Source, Type, and Distribution Channel:

• On the basis of the source, the market is bifurcated into organic and conventional.

• The market can be segmented based on type into plain and flavoured.

• On the basis of the distribution channel, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.

Key Findings of the Report:

• The growing population with lactose intolerance and a wider focus on health-conscious dietary choices has led to the South Korea lactose-free yogurt market expansion.

• The online segment is expected to witness a projected surge throughout the forecast period. This growth can be attributed to the rising consumer preference for online retail channels, driven by the convenience of doorstep delivery along with the additional benefits of discounts, coupons, and various promotional offers.

• Fueled by the growing interest in personalised nutrition and the widespread adoption of gut-friendly dietary approaches, lactose-free yogurt has become a crucial element in developing diverse food and beverage products.

Key Offerings of the Report:

• The EMR report gives an overview of the South Korea lactose-free yogurt market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for sources, types, and distribution channels of lactose-free yogurt in South Korea.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the South Korea lactose-free yogurt market are Arla Foods Ingredients Group P/S, Nestlé SA, 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

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