South Korea Dairy Alternatives Market Growth, Size, Trends Analysis- By Category, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
South Korea Dairy Alternatives Market Introduction and Overview
According to SPER Market Research, ‘South Korea Dairy Alternatives Market Size- By Category, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Dairy Alternatives Market is estimated to reach USD 1.38 billion by 2033 with a CAGR of 7.27%.
Products manufactured from plant-based or non-dairy sources that are meant to take the place of traditional dairy products like milk, cheese, yogurt, and butter are known as dairy substitutes. As consumers have grown more aware of dietary limitations, lactose intolerance, and the ethical concerns surrounding animal welfare, the demand for dairy replacements has increased significantly.
The COVID-19 epidemic has altered supply chains, consumer behavior, and market dynamics, which has had a substantial impact on South Korea’s market for alternative dairy products. Initially, the pandemic boosted demand for dairy alternatives as individuals sought for healthier food options to boost their immune systems and overall health.
Scope of the report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Category, By Distribution Channel
Regions covered Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region)
Companies Covered Armored Fresh, Califia Farms LLC, Sahmyook Food, Dr Chung's Food Co Ltd, Blue Diamond Growers, Otsuka Holdings Co Ltd, Hanmi Healthcare Inc, Maien Co Ltd, Yoplait.
South Korea Dairy Alternatives Market Segmentation:
By Category: Based on the Category, South Korea Dairy Alternatives Market is segmented as; Non-Dairy Butter, Non-Dairy Milk, Non-Dairy Yoghurt, Non-Dairy Cheese, Non-Dairy Creamers
By Distribution Channel: Based on the distribution Channel, South Korea Dairy Alternatives Market is segmented as; Supermarkets, Hypermarkets, Convenience Stores, Grocery Stores, Restaurants, Cafes, Food Service Establishments
By Region: This research also includes data for Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region).
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the South Korea Dairy Alternatives Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. South Korea Dairy Alternatives Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Dairy Alternatives Market
- 7. South Korea Dairy Alternatives Market, By Category (USD Million) 2020-2033
- 7.1. South Korea Dairy Alternatives Market Size, Share and Forecast, By Category, 2020-2026
- 7.2. South Korea Dairy Alternatives Market Size, Share and Forecast, By Category, 2027-2033
- 7.3. Non-Dairy Butter
- 7.4. Non-Dairy Milk
- 7.5. Non-Dairy Yoghurt
- 7.6. Non-Dairy Cheese
- 7.7. Non-Dairy Creamers
- 8. South Korea Dairy Alternatives Market, By Distribution Channel (USD Million) 2020-2033
- 8.1. South Korea Dairy Alternatives Market Size, Share and Forecast, By Distribution Channel, 2020-2026
- 8.2. South Korea Dairy Alternatives Market Size, Share and Forecast, By Distribution Channel, 2027-2033
- 8.3. Supermarkets
- 8.4. Hypermarkets
- 8.5. Convenience Stores
- 8.6. Grocery Stores
- 8.7. Restaurants
- 8.8. Cafes
- 8.9. Food Service Establishments
- 9. South Korea Dairy Alternatives Market Forecast, 2020-2033 (USD Million)
- 9.1. South Korea Dairy Alternatives Market Forecast Size and Market Share
- 10. South Korea Dairy Alternatives Market Forecast, By Region, 2020-2033 (USD Million)
- 10.1. South Korea Dairy Alternatives Market Forecast Size and Market Share By Region (2020-2026)
- 10.2. South Korea Dairy Alternatives Market Forecast Size and Market Share By Region (2027-2033)
- 10.3. South Korea
- 10.3.1. Seoul Capital Area
- 10.3.2. Yeongnam (Southeastern Region)
- 10.3.3. Honam (Southwestern Region)
- 10.3.4. Hoseo (Central Region)
- 11. Company Profile
- 11.1. ARMORED FRESH
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. CALIFIA FARMS LLC
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. SAHMYOOK FOOD
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. DR CHUNG’S FOOD CO LTD
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. BLUE DIAMOND GROWERS
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. OTSUKA HOLDINGS CO LTD
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. HANMI HEALTHCARE INC
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. MAEIL CO LTD
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. YOPLAIT
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook