Reports

Sale

South Korea Frozen Yoghurt Market

South Korea Frozen Yoghurt Market Share, Size, Growth, Trends, Forecast: By Type: Dairy-based, Non-Dairy-Based; By Flavour: Regular, Flavoured; By Distribution Channel: Supermarket/Hypermarkets, Convenience Stores, Online, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

South Korea Frozen Yoghurt Market Outlook

The South Korea frozen yoghurt industry is expected to grow at a CAGR of 3.5% between 2024 and 2032. Customers seeking a healthy alternative to frozen desserts are anticipated to have a wide range of alternatives thanks to the rising popularity of low-fat frozen yoghurt and the launch of healthy lactose-free as well as non-dairy versions in a number of flavours.

 

Furthermore, customers are choosing quick frozen dessert-based snacks, which is also bolstering the frozen yoghurt market in South Korea.

 

south korea frozen yoghurt market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Trends in the South Korea Frozen Yoghurt Market

Yoghurt taste and an ice cream-like texture characterise frozen yoghurt. Typically, it is made by adding natural yoghurt to an ice cream mixture and freezing it. There are several types of frozen yoghurt, including firm, soft, and mousse-frozen variants. These are widely eaten as desserts in South Korea.

 

Frozen Yoghurt, a Healthy Alternative to Conventional Ice Creams

One of the most well-liked desserts is frozen yoghurt. Since yoghurt is made from cultured milk, which sometimes leaves behind a sour taste, frozen yoghurt also contains added sugars and flavours to balance out the sourness. In addition, frozen yoghurt includes probiotics because it is made of yoghurt. Frozen yoghurt generally has less calories and less fat than ice cream, however, the nutritional value varies by brand. It is also said to contain more protein than ice cream, which makes frozen yoghurt a superior substitute for ice cream. This factor attracts health-conscious consumers who don't want to compromise with taste while focusing on their health.

 

Growing Demand for Sustainable and Availability of Several Flavour Variants Boosts the Frozen Yoghurt Market in South Korea

It is anticipated that the use of natural flavours and the development of vegan frozen yoghurt in a variety of flavours will present opportunities for market participants. Additionally, it is projected that the industry will grow in the next few years due to the popularity of frozen yoghurt as a refreshing dessert throughout the summer. Consumers are now much more inclined toward sustainable food products, and there's an increased demand for plant-based vegan food items, which also aids the development of the market as manufacturers now launch various flavour variants of foryo in the market. Moreover, due to urbanisation, improved living standards, and rising disposable income, people now more willingly spend on premium frozen yoghurt. Low-sugar desserts are popular among both the elderly and younger generations, which bolsters the growth of the yoghurt market in South Korea.

 

Market Analysis

 

south korea frozen yoghurt market by segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on type, the south Korea frozen yoghurt market is segmented into dairy-based and non-dairy- based. The dairy-based segment is sub-segmented into conventional and lactose free. Based on flavour, the frozen yoghurt market of South Korea is divided into regular and flavoured. On the basis of distribution channel, the frozen yoghurt market of South Korea is bifurcated into supermarket/hypermarket, convenience stores, and online stores, among others.

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the South Korea frozen yoghurt market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

 

  • Lotte Confectionery Co.,Ltd.
  • Namyang Co., Ltd.
  • Binggrae Co., Ltd.
  • Maeil Co.Ltd.
  • Danone Pulmuone Co., Ltd
  • Others

 

Market Share by Type

The growth of the frozen yoghurt market is expected to be aided by the increasing consumer awareness regarding healthy food choices and the increased number of lactose intolerant people in South Korea. This leads to increased consumption of lactose-free dairy products, and with an increase in disposable income, more people now choose non-dairy variants as well.

 

Market Share by Flavour

With the increasing demand for frozen yoghurt, manufacturers are launching various flavours to cater to the desires of all age groups. Although there are many different frozen yoghurt alternatives, they all offer certain health benefits, including lower calories, less fat, and more good bacteria. Frozen yoghurt contains helpful probiotic bacteria, which is beneficial for the digestive system. There are other nutrients, including protein, vitamin D, and calcium. This factor aids in attracting health-conscious consumers in the country.

 

Market Share by Distribution Channel

The distribution of frozen yoghurt is growing gradually due to various offers and coupons provided when purchased on online platforms. The market is quite competitive and is continuously developing due to the continuous research and development work of companies. Offline distribution chains are well established in South Korea therefore supermarkets/hyperstores and convenience stores have a strong presence. The ease of payment options also aids in making revenue via online channels, thereby boosting the frozen yoghurt market growth in South Korea.

 

south korea frozen yoghurt market report

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Competitive Landscape

Namyang Co., Ltd.- Yoghurt, milk, ice cream, infant formula, cheese, and other dairy products are all produced by Namyang Dairy Products Co., Ltd. The company mostly sells its goods domestically. The company was incorporated in 1964 with headquarters in Seoul South Korea.

 

Binggrae Co., Ltd.- A South Korean business called Binggrae Co., Ltd. produces and sells products for the processing of dairy. Milk, milk products, and snacks are all produced and sold by Binggrae. Through constant challenges, research, and innovation since its founding in 1967, Binggrae has helped the Republic of Korea's food sector progress.

 

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
  • Regular
  • Flavoured
Breakup by Distribution Channel
  • Supermarket/Hypermarkets
  • Convenience Stores
  • Online
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
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

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    South Korea Frozen Yoghurt Market Overview

    8.1    Key Industry Highlights
    8.2    South Korea Frozen Yoghurt Historical Market (2018-2023) 
    8.3    South Korea Frozen Yoghurt Market Forecast (2024-2032)
9    South Korea Frozen Yoghurt Market by Type
    9.1    Dairy-based
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2023)
        9.1.3    Forecast Trend (2024-2032)
        9.1.4    Breakup by Type
            9.1.4.1    Conventional
            9.1.4.2    Lactose Free 
    9.2    Non-Dairy-Based
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2023)
        9.2.3    Forecast Trend (2024-2032)
10    South Korea Frozen Yoghurt Market by Flavour
    10.1    Regular
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
    10.2    Flavoured
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
11    South Korea Frozen Yoghurt Market by Distribution Channel
    11.1    Supermarket/Hypermarkets
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)    
    11.2    Convenience Stores
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)    
    11.3    Online
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023)
        11.3.3    Forecast Trend (2024-2032)    
    11.4    Others
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyer’s Power
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Trade Data Analysis
    13.1    Major Exporting Countries 
        13.1.1    by Value
        13.1.2    by Volume
    13.2    Major Importing Countries 
        13.2.1    by Value
        13.2.2    by Volume
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Lotte Confectionery Co.,Ltd
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Namyang Co., Ltd.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Binggrae Co., Ltd.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Maeil Co.Ltd
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Danone Pulmuone Co., Ltd.,
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    South Korea Frozen Yoghurt Market: Key Industry Highlights, 2018 and 2032
2.    South Korea Frozen Yoghurt Historical Market: Breakup by Type (USD Million), 2018-2023
3.    South Korea Frozen Yoghurt Market Forecast: Breakup by Type (USD Million), 2024-2032
4.    South Korea Frozen Yoghurt Historical Market: Breakup by Flavour (USD Million), 2018-2023
5.    South Korea Frozen Yoghurt Market Forecast: Breakup by Flavour (USD Million), 2024-2032
6.    South Korea Frozen Yoghurt Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7.    South Korea Frozen Yoghurt Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8.    South Korea Frozen Yoghurt Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.

Urbanization, improved living standards, R&D work, rising disposable income, premiumization of frozen yoghurt, and the availability of lactose-free variants are the major drivers of the industry.

Health benefits and growing demand for sustainable frozen yoghurt are the key trends of South Korea frozen yoghurt market.

The dominant type of frozen yoghurt in the industry are dairy-based and non-dairy- based.

The leading distribution channels in the market are supermarkets/ hypermarkets, convenience stores, and online, among others.

The major players in the industry are Lotte Confectionery Co.,Ltd., Namyang Co., Ltd., Binggrae Co., Ltd., Maeil Co.Ltd., and Danone Pulmuone Co., Ltd., among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER