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The South Korea lactose-free yogurt market size reached a value of more than USD 79 million in 2022. The South Korea lactose-free yogurt industry is expected to grow at a CAGR of 12.5% between 2023 and 2028, reaching a value of USD 158 million by 2028.
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Lactose-free yoghurt is a creamy, wholesome, and sometimes non-dairy vegan food item that supports vegans in meeting their dietary requirements. People use actual dairy products like milk to produce yoghurt, but they also add an enzyme called lactase to break down the lactose in the milk. They employ the same components as traditional dairy milk, so their products taste precisely the same but don't come with the inconveniences.
Lactose-free yogurt has a significant amount of vitamins, minerals, amino acids, and vital lipids, which promote metabolism and reduce inflammation. Almonds, coconuts, soy, oats, peas, flax, cashews, and other non-dairy and lactose-free ingredients are sometimes used in its preparation. Simply by consuming lactose-free yogurt, those with lactose intolerance can enjoy all the nutritious advantages of it without the unpleasant digestive symptoms. Lactose-free dairy contains the enzyme lactase, which breaks down the sugar lactose into glucose and galactose, which the body can digest more easily. The market for lactose-free yoghurt will grow as low-fat, low-sugar content food items become more and more popular. Macroeconomic variables that favourably affect the South Korea lactose-free yoghurt market include increased consumer awareness regarding health and the growing need for ice cream substitutes for children.
A digestive problem called lactose intolerance is brought on by the inability to properly digest lactose. The enzyme lactase, which is required to digest lactose, is not produced in sufficient amounts in those with lactose intolerance. The primary carbohydrate in dairy products is lactose. Even in those who have never before had a dairy sensitivity, lactose intolerance can appear at birth or emerge unexpectedly later in life. More than 75% of people are lactose intolerant, which presents market players with a plethora of growth prospects as dairy items are not a component of the traditional Korean diet.
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Based on source, the lactose-free yogurt market of South Korea is divided into organic and conventional. On the basis of type, the South Korea lactose-free yogurt is segmented into plain and flavoured. Based on distribution channel, the lactose-free yogurt market of South Korea is bifurcated into supermarkets and hypermarkets, convenience stores, speciality stores, and online, 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 lactose-free yogurt market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Due to the increased lactose-intolerant population, the majority of people seek out plant-based or lactose-free dairy items, which increases the demand for both organic and conventional yogurts. Another factor that propels the market for lactose-free yoghurts is the increased awareness of clean-label products. With the increasing use of social media, people, especially the younger generations, are more interested in trying out sustainable, healthy, and vegan diets, which is gradually making the organic segment popular in South Korea.
Due to reasons including increased demand, increasing disposable income, improved living standards, and accessibility, both the plain and flavoured sectors grew over the historical period. The market for lactose-free dairy products has significant development potential as a result of the increased health advantages brought on by advances in lactose-free dairy products. The marketing of lactose-free dairy products that make claims about being gluten-free, low-sugar, or sugar-free aids in growing the consumer base.
Due to their popularity and wide client bases, convenience shops, hypermarkets, and supermarkets are key outlets for dairy-free yoghurt. They provide the product at affordable pricing in a variety of packages and flavours. The lactose-free yoghurt sector had very modest effects from the COVID-19 epidemic. The pandemic had an impact on the supply and demand chain since it made it more difficult to procure ingredients and other essential goods. However, the online segment grew during the pandemic and people now opt for online retail channels due to doorstep delivery, discount offers, coupons and other benefits.
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Arla Foods Ingredients Group P/S- Arla Foods Ingredients is a prominent whey ingredient provider for baby nutrition, baking, dairy, medicinal applications, and sports nutrition. Arla Foods Ingredients is the fifth-largest dairy firm in the world. We are renowned for having the best standards for quality, innovation, and food safety in the sector. A division of Arla Foods, Arla Foods Ingredients Group P/S is headquartered in Denmark.
Danone Pulmuone Co., Ltd- The international dairy product producer Danone has a Korean subsidiary called Danone Pulmuone Co., Ltd. It provides domestic consumers with a selection of high-quality yoghurt brands through discount shops, merchants, home delivery sales channels, and meal delivery services away from home. The headquarter of Danone Pulmuone Co., Ltd. is in South Korea. It was founded in 2008.
REPORT FEATURES | DETAILS |
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Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Source |
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Breakup by Type |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 Lactose-Free Yogurt Market Overview
8.1 Key Industry Highlights
8.2 South Korea Lactose-Free Yogurt Historical Market (2018-2022)
8.3 South Korea Lactose-Free Yogurt Market Forecast (2023-2028)
9 South Korea Lactose-Free Yogurt Market by Source
9.1 Organic
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Conventional
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 South Korea Lactose-Free Yogurt Market by Type
10.1 Plain
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Flavoured
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
11 South Korea Lactose-Free Yogurt Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Convenience Stores
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 Speciality Stores
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 Online
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 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 of Demand
12.4 Key Indicators of Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Arla Foods Ingredients Group P/S
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Nestlé SA
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Danone Pulmuone Co., Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. South Korea Lactose-Free Yogurt Market: Key Industry Highlights, 2018 and 2028
2. South Korea Lactose-Free Yogurt Historical Market: Breakup by Source, 2018-2022
3. South Korea Lactose-Free Yogurt Market Forecast: Breakup by Source, 2023-2028
4. South Korea Lactose-Free Yogurt Historical Market: Breakup by Type, 2018-2022
5. South Korea Lactose-Free Yogurt Market Forecast: Breakup by Type, 2023-2028
6. South Korea Lactose-Free Yogurt Historical Market: Breakup by Distribution Channel, 2018-2022
7. South Korea Lactose-Free Yogurt Market Forecast: Breakup by Distribution Channel, 2023-2028
8. South Korea Lactose-Free Yogurt Market Structure
In 2022, the South Korea lactose-free yogurt market attained a value of nearly USD 79 million.
The market is projected to grow at a CAGR of 12.5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 158 million by 2028.
Increased demand, increasing disposable income, improved living standards, accessibility, and increased awareness of clean-label products are major drivers of the lactose-free yogurt market in South Korea.
The Low-fat and low-sugar content of lactose-free yogurt increased consumer awareness of health, and the growing need for finding ice cream substitutes for children are the key trends of the South Korea lactose-free yogurt market.
Plain and flavoured are the dominant types of lactose-free yogurt in the industry.
The leading distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The major players in the industry are Arla Foods Ingredients Group P/S, Nestlé SA, and Danone Pulmuone Co., Ltd., among others.
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