The demand for non-dairy creamer is expected to reach US$ 181.7 million in 2023 in Korea, up from US$ 169.9 million in 2022. The consumption of non-dairy creamer is expected to progress at a healthy pace over the period from 2023 to 2033, with a CAGR of 8.1%. By 2033, the sales of non-dairy creamer are expected to surpass US$ 396.93 million in Korea.
Attributes | Details |
---|---|
Industry Size for Korea in 2023 | US$ 181.7 million |
Expected Industry Size for Korea in 2033 | US$ 396.93 million |
Forecasted CAGR between 2023 to 2033 | 8.1% |
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In Korea, people typically prefer to consume non-dairy creamer in powder form. For 2023, powder is expected to contribute to 58.0% of the industry share by form.
Powder has been the predominant form through which non-dairy creamer has been consumed. Non-dairy powder creamer is expected to continue experiencing high demand due to the non-fussy nature of the product. Additionally, powder has a longer shelf life than non-dairy creamer in liquid form. Thus, the popularity of powder among non-dairy creamer consumers persists.
Demand for Non-dairy Creamer in Korea Based on Form | Powder |
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Industry Share in 2023 | 58.0% |
Vegetable oil continues to dominate as the prevalent base for non-dairy creamer in Korea. In 2023, vegetable oil is expected to account for 55.9% of the industry share by base.
The use of vegetable oil as a base has faced criticism from customers due to its trans-fat content. However, alternative plant-based bases are expensive to manufacture. Thus, the prevailing method of producing non-dairy creamer with vegetable oil still persists in Korea.
Demand for Non-dairy Creamer in Korea Based on Base | Vegetable Oil |
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Industry Share in 2023 | 55.9% |
Local companies with creamers have added the non-dairy version to expand business prospects. Industry players are banking on the rising coffee culture in the country to sell non-dairy coffee creamers. Competitors are also emphasizing the non-lactose and vegan properties of the product. Foreign companies have started making headway in the country. Thus, the landscape for non-dairy creamer in Korea is highly competitive.
Recent Developments Observed in Non-dairy Creamer in Korea
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | US$ 181.7 million |
Projected Industry Size by 2033 | US$ 396.93 million |
Anticipated CAGR between 2023 to 2033 | 8.1% CAGR |
Historical Analysis of Demand for Non-dairy Creamer in Korea | 2018 to 2022 |
Demand Forecast for Non-dairy Creamer in Korea | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Key Insights for Non-dairy Creamer in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
Key Companies Profiled |
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Key Provinces Profiled |
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The industry size of non-dairy creamer in Korea is estimated to be US$ 181.7 million in 2023.
Non-dairy creamer is forecasted to develop at a promising rate of 8.1% in Korea for the 2023 to 2033 period.
The industry size for non-dairy creamer is forecasted to reach US$ 396.93 million in Korea by 2033.
Vegetable oil is the preferred base for non-dairy creamer in Korea, with an expected industry share of 55.9% in 2023.
Surging vegan population and the demand for lactose-free food are some of the reasons for growth in demand for non-dairy creamer in Korea.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Form, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Form, 2023 to 2033 5.3.1. Powder 5.3.2. Liquid 5.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Nature, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Nature, 2023 to 2033 6.3.1. Organic 6.3.2. Conventional 6.4. Y-o-Y Growth Trend Analysis By Nature, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Nature, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Flavor 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Flavor, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Flavor, 2023 to 2033 7.3.1. Original/Unflavoured 7.3.2. French Vanilla 7.3.3. Chocolate 7.3.4. Coconut 7.3.5. Hazelnut 7.3.6. Other Flavors 7.4. Y-o-Y Growth Trend Analysis By Flavor, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Flavor, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Type 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Type, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Type, 2023 to 2033 8.3.1. Original 8.3.2. Light 8.3.3. Fat-free 8.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Base 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Base, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Base, 2023 to 2033 9.3.1. Plant-based Milk 9.3.1.1. Almond 9.3.1.2. Coconut 9.3.1.3. Others 9.3.2. Vegetable Oil 9.4. Y-o-Y Growth Trend Analysis By Base, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Base, 2023 to 2033 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use 10.1. Introduction / Key Findings 10.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By End Use, 2018 to 2022 10.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By End Use, 2023 to 2033 10.3.1. HoReCa/Foodservice 10.3.2. Food and Beverage Processing 10.3.2.1. Food Premixes 10.3.2.2. Soups and Sauces 10.3.2.3. Coffee Mixes 10.3.2.4. Tea Mixes 10.3.2.5. Bakery Products and Ice Creams 10.3.2.6. RTD Beverages 10.3.2.7. Infant Food 10.3.2.8. Prepared and Packaged Food 10.3.2.9. Household/Retail 10.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022 10.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033 11. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Packaging 11.1. Introduction / Key Findings 11.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Packaging, 2018 to 2022 11.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Packaging, 2023 to 2033 11.3.1. Retail 11.3.1.1. Sachets 11.3.1.2. Bags 11.3.1.3. Pouches 11.3.1.4. Canisters 11.3.1.5. Bottles 11.3.2. Plastic Jars 11.3.3. Bulk 11.4. Y-o-Y Growth Trend Analysis By Packaging, 2018 to 2022 11.5. Absolute $ Opportunity Analysis By Packaging, 2023 to 2033 12. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 12.1. Introduction 12.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022 12.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033 12.3.1. South Gyeongsang 12.3.2. North Jeolla 12.3.3. South Jeolla 12.3.4. Jeju 12.3.5. Rest of Korea 12.4. Market Attractiveness Analysis By Region 13. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Form 13.2.2. By Nature 13.2.3. By Flavor 13.2.4. By Type 13.2.5. By Base 13.2.6. By End Use 13.2.7. By Packaging 13.3. Market Attractiveness Analysis 13.3.1. By Form 13.3.2. By Nature 13.3.3. By Flavor 13.3.4. By Type 13.3.5. By Base 13.3.6. By End Use 13.3.7. By Packaging 13.4. Key Takeaways 14. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Form 14.2.2. By Nature 14.2.3. By Flavor 14.2.4. By Type 14.2.5. By Base 14.2.6. By End Use 14.2.7. By Packaging 14.3. Market Attractiveness Analysis 14.3.1. By Form 14.3.2. By Nature 14.3.3. By Flavor 14.3.4. By Type 14.3.5. By Base 14.3.6. By End Use 14.3.7. By Packaging 14.4. Key Takeaways 15. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Form 15.2.2. By Nature 15.2.3. By Flavor 15.2.4. By Type 15.2.5. By Base 15.2.6. By End Use 15.2.7. By Packaging 15.3. Market Attractiveness Analysis 15.3.1. By Form 15.3.2. By Nature 15.3.3. By Flavor 15.3.4. By Type 15.3.5. By Base 15.3.6. By End Use 15.3.7. By Packaging 15.4. Key Takeaways 16. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Form 16.2.2. By Nature 16.2.3. By Flavor 16.2.4. By Type 16.2.5. By Base 16.2.6. By End Use 16.2.7. By Packaging 16.3. Market Attractiveness Analysis 16.3.1. By Form 16.3.2. By Nature 16.3.3. By Flavor 16.3.4. By Type 16.3.5. By Base 16.3.6. By End Use 16.3.7. By Packaging 16.4. Key Takeaways 17. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 17.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 17.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 17.2.1. By Form 17.2.2. By Nature 17.2.3. By Flavor 17.2.4. By Type 17.2.5. By Base 17.2.6. By End Use 17.2.7. By Packaging 17.3. Market Attractiveness Analysis 17.3.1. By Form 17.3.2. By Nature 17.3.3. By Flavor 17.3.4. By Type 17.3.5. By Base 17.3.6. By End Use 17.3.7. By Packaging 17.4. Key Takeaways 18. Market Structure Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Market Share Analysis of Top Players 18.3.1. By Regional 18.3.2. By Form 18.3.3. By Nature 18.3.4. By Flavor 18.3.5. By Type 18.3.6. By Base 18.3.7. By End Use 18.3.8. By Packaging 19. Competition Analysis 19.1. Competition Deep Dive 19.1.1. Hee Chang Dairy & Food Co., Ltd 19.1.1.1. Overview 19.1.1.2. Product Portfolio 19.1.1.3. Profitability by Market Segments 19.1.1.4. Sales Footprint 19.1.1.5. Strategy Overview 19.1.1.5.1. Marketing Strategy 19.1.1.5.2. Product Strategy 19.1.1.5.3. Channel Strategy 19.1.2. Dong Suh Co., Ltd 19.1.2.1. Overview 19.1.2.2. Product Portfolio 19.1.2.3. Profitability by Market Segments 19.1.2.4. Sales Footprint 19.1.2.5. Strategy Overview 19.1.2.5.1. Marketing Strategy 19.1.2.5.2. Product Strategy 19.1.2.5.3. Channel Strategy 19.1.3. Alpha Food 19.1.3.1. Overview 19.1.3.2. Product Portfolio 19.1.3.3. Profitability by Market Segments 19.1.3.4. Sales Footprint 19.1.3.5. Strategy Overview 19.1.3.5.1. Marketing Strategy 19.1.3.5.2. Product Strategy 19.1.3.5.3. Channel Strategy 19.1.4. Viceroy Holland B.V. 19.1.4.1. Overview 19.1.4.2. Product Portfolio 19.1.4.3. Profitability by Market Segments 19.1.4.4. Sales Footprint 19.1.4.5. Strategy Overview 19.1.4.5.1. Marketing Strategy 19.1.4.5.2. Product Strategy 19.1.4.5.3. Channel Strategy 19.1.5. Super Group Ltd. 19.1.5.1. Overview 19.1.5.2. Product Portfolio 19.1.5.3. Profitability by Market Segments 19.1.5.4. Sales Footprint 19.1.5.5. Strategy Overview 19.1.5.5.1. Marketing Strategy 19.1.5.5.2. Product Strategy 19.1.5.5.3. Channel Strategy 19.1.6. Shandong Tianjiao Biotech Co. Ltd. 19.1.6.1. Overview 19.1.6.2. Product Portfolio 19.1.6.3. Profitability by Market Segments 19.1.6.4. Sales Footprint 19.1.6.5. Strategy Overview 19.1.6.5.1. Marketing Strategy 19.1.6.5.2. Product Strategy 19.1.6.5.3. Channel Strategy 19.1.7. Preserved Food Specialty Co. Ltd. 19.1.7.1. Overview 19.1.7.2. Product Portfolio 19.1.7.3. Profitability by Market Segments 19.1.7.4. Sales Footprint 19.1.7.5. Strategy Overview 19.1.7.5.1. Marketing Strategy 19.1.7.5.2. Product Strategy 19.1.7.5.3. Channel Strategy 19.1.8. Rich Products Corporation 19.1.8.1. Overview 19.1.8.2. Product Portfolio 19.1.8.3. Profitability by Market Segments 19.1.8.4. Sales Footprint 19.1.8.5. Strategy Overview 19.1.8.5.1. Marketing Strategy 19.1.8.5.2. Product Strategy 19.1.8.5.3. Channel Strategy 19.1.9. PT Santos Premium Krimer 19.1.9.1. Overview 19.1.9.2. Product Portfolio 19.1.9.3. Profitability by Market Segments 19.1.9.4. Sales Footprint 19.1.9.5. Strategy Overview 19.1.9.5.1. Marketing Strategy 19.1.9.5.2. Product Strategy 19.1.9.5.3. Channel Strategy 19.1.10. Custom Food Group 19.1.10.1. Overview 19.1.10.2. Product Portfolio 19.1.10.3. Profitability by Market Segments 19.1.10.4. Sales Footprint 19.1.10.5. Strategy Overview 19.1.10.5.1. Marketing Strategy 19.1.10.5.2. Product Strategy 19.1.10.5.3. Channel Strategy 19.1.11. Danone S.A. 19.1.11.1. Overview 19.1.11.2. Product Portfolio 19.1.11.3. Profitability by Market Segments 19.1.11.4. Sales Footprint 19.1.11.5. Strategy Overview 19.1.11.5.1. Marketing Strategy 19.1.11.5.2. Product Strategy 19.1.11.5.3. Channel Strategy 19.1.12. Friesland Campina Kievit BV 19.1.12.1. Overview 19.1.12.2. Product Portfolio 19.1.12.3. Profitability by Market Segments 19.1.12.4. Sales Footprint 19.1.12.5. Strategy Overview 19.1.12.5.1. Marketing Strategy 19.1.12.5.2. Product Strategy 19.1.12.5.3. Channel Strategy 20. Assumptions & Acronyms Used 21. Research Methodology
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