Plant-Based Dairy in South Korea
Retail volume and value sales of soy drinks in South Korea continue to steadily decline. Local consumers now have a wider range of options beyond soy drinks with the emergence of various plant-base... もっと見る
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SummaryRetail volume and value sales of soy drinks in South Korea continue to steadily decline. Local consumers now have a wider range of options beyond soy drinks with the emergence of various plant-based milk variants such as almond and oat milk. As demand increasingly shifts towards other plant-based milk based on almonds and oats, the share of soy drinks continues to be challenged. Euromonitor International's Plant-based Dairy in South Korea report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change. Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt. Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data. Why buy this report? * Get a detailed picture of the Plant-based Dairy market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop. Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.Table of ContentsPlant-Based Dairy in South KoreaEuromonitor International September 2024 List Of Contents And Tables PLANT-BASED DAIRY IN SOUTH KOREA KEY DATA FINDINGS 2024 DEVELOPMENTS Declining demand for soy drinks amid rising competition from other plant-based milk Rising health-related concerns drive growth of almond and oat milk Fashionable branding and packaging of plant-based milk drives demand from millennials and Generation Z PROSPECTS AND OPPORTUNITIES Diversification of plant-based products from milk to other foods anticipated Launch of plant-based milk for specific age groups expected, particularly ageing population Further demand from foodservice due to customised options CATEGORY DATA Table 1 Sales of Plant-Based Dairy by Category: Value 2019-2024 Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2019-2024 Table 3 Sales of Other Plant-Based Milk by Type: % Value 2021-2024 Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2020-2024 Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2021-2024 Table 6 Distribution of Plant-Based Dairy by Format: % Value 2019-2024 Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2024-2029 Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2024-2029 DAIRY PRODUCTS AND ALTERNATIVES IN SOUTH KOREA EXECUTIVE SUMMARY Dairy products and alternatives in 2024: The big picture Key trends in 2024 Competitive Landscape Channel developments What next for dairy products and alternatives? MARKET DATA Table 9 Sales of Dairy Products and Alternatives by Category: Value 2019-2024 Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2019-2024 Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2020-2024 Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2021-2024 Table 13 Penetration of Private Label by Category: % Value 2019-2024 Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2019-2024 Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2024-2029 Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2024-2029 DISCLAIMER SOURCES Summary 1 Research Sources
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