A Complete Study of Probiotic Yogurt in Korea from 2023 to 2033
Demand for probiotic yogurt in Korea is anticipated to exhibit a promising CAGR of 9.0% through 2033. The sales of probiotic yogurt is expected to experience significant growth, increasing from US$ 193.3 million in 2023 to around US$ 456 million by 2033. This surge in demand for probiotic yogurt in Korea can be attributed to the growing awareness of its health benefits and an increasing emphasis on gut health, particularly among the health-conscious and aging population.
Key Highlights:
Westernized Dietary Trends Drive the Consumption of Probiotic Yogurt in Korea
The increasing adoption of a Westernized diet in Korea has led to a rise in digestive issues among the population. Conditions such as bloating, indigestion, and irritable bowel syndrome (IBS) have become more prevalent. This has created a demand for practical solutions to maintain a healthy diet, which can be achieved by regularly consuming probiotic yogurt.
Probiotic yogurt has gained significant popularity as a go-to remedy for digestive health issues in Korea. The live cultures in probiotic yogurt, including strains like Lactobacillus and Bifidobacterium, help improve digestion. They also enhance nutrient absorption and support a robust immune system. This surge in popularity has led to an increased demand for probiotic yogurt in Korea.
Attributes
Key Statistics
Expected Base Year Value (2023)
US$ 193.3 million
Anticipated Forecast Value (2033)
US$ 456 million
Estimated Growth (2023 to 2033)
9.0% CAGR
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Adoption Analysis of Probiotic Yogurt in Korea
People who prioritize their health and well-being are often the primary consumers of probiotic yogurt in Korea. These individuals come in the age group range of 5 to 65 years.
People experiencing digestive problems such as bloating, indigestion, or irritable bowel syndrome (IBS) often turn to probiotic yogurt as a natural remedy.
Individuals into fitness and exercise often consume probiotic yogurt as part of their overall wellness routine. They recognize the importance of maintaining a healthy gut for optimal nutrient absorption.
Probiotic yogurt is also popular among parents looking to provide their children with a healthy and balanced diet. It is often viewed as a nutritious snack or meal addition that supports their children's digestive health.
With advancing age, the importance of maintaining good digestive health increases. The aging population in Korea plays a significant role in driving the demand for probiotic yogurt in the industry.
Comparative View of Adjacent Probiotic Yogurt in Key Markets
The table provides the differences in the adoption of probiotic yogurt in Korea, Japan, and the global industry. It includes estimated growth rates for each industry, their contributing factors, as well as critical challenges projected for the period from 2023 to 2033. It is evident that, in comparison to Korea and the rest of the world, the demand for probiotic yogurt is expected to increase significantly in Japan over the coming decade.
Demand for Probiotic Yogurt in Korea:
Attributes
Demand for Probiotic Yogurt in Korea
CAGR (2023 to 2033)
9.0%
Valuation (2033)
US$ 456 million
Growth Factor
Growing awareness about the importance of maintaining a healthy gut microbiome
Key Challenge
Ensuring consistent and high-quality probiotic yogurt products.
Demand for Probiotic Yogurt in Japan:
Attributes
Demand for Probiotic Yogurt in Japan
CAGR (2023 to 2033)
8.2%
Valuation (2033)
US$ 2,312 million
Growth Factor
Celebrities and influencers are promoting a healthy lifestyle and dietary habits
Key Challenge
Educating consumers about the benefits of probiotic yogurt
Global Probiotic Yogurt Industry Analysis:
Attributes
Global Probiotic Yogurt Industry Analysis
CAGR (2023 to 2033)
8.0%
Valuation (2023)
US$ 58,092.8 million
Growth Factor
Availability of a wide range of flavours and varieties in the probiotic yogurt industry
Key Challenge
Expensive costs can affect the industry in regions with low per-capita income
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Category-wise Insights
Probiotic Yogurt Drinks have become a Go-to Option for Consumers in Korea
On the basis of product type, the probiotic yogurt industry are segmented into drinkable and spoonable probiotic yogurt, with the former dominating the Korean landscape with a whopping share of 23% as of 2023.
Attributes
Details
Product Type
Drinkable
Value Share in 2023
23%
In a fast-paced society like Korea, where people often have hectic schedules, drinkable probiotic yogurt provides a quick and easy way to incorporate probiotics into their daily routine.
The availability of a wide range of flavors and formulations in the drinkable probiotic yogurt industry has further fueled its demand. Manufacturers have responded to the increasing demand for probiotic yogurt by introducing diverse flavors, such as fruit-infused or blended options, to cater to different tastes.
Plant-based Probiotic Yogurt Claims the Prime Industry Share in Korea
Based on the source, plant-based probiotic yogurt dominates the industry in Korea by holding an industry share of 13.00% in 2023.
Attributes
Details
Source
Plant-based
Value share in 2023
13.00%
Plant-based probiotic yogurt provides a viable option for those who follow a vegan or lactose-free diet, offering them the benefits of probiotics without the use of animal-derived ingredients. The availability of a wide range of flavors and textures in plant-based probiotic yogurt has further contributed to its dominance in the Korea probiotic yogurt industry.
Competitive Landscape
The competitive landscape of the probiotic yogurt industry in Korea is a vibrant mix of international giants and local artisans. Global players with extensive resources and distribution networks have captured a significant share of the industry, catering to both domestic and international demand. Meanwhile, small-scale enterprises cater to local consumers seeking organic, plant-based, and untreated probiotic yogurt products. This blend of international prowess and local ingenuity creates a captivating and competitive industry, offering Korea’s probiotic yogurt enthusiasts a wide range of options.
Recent Developments in the Probiotic Yogurt Industry in Korea
In March 2023, Seoul Milk launched a new line of probiotic yogurt called "Seoul Milk Probiotic Yogurt." This line of yogurt contains a variety of probiotics, including Lactobacillus acidophilus, Lactobacillus casei, and Bifidobacterium lactis. It is also low in fat and calories.
In February 2023, Binggrae launched a new line of probiotic yogurt called "Binggrae Bifidus Yogurt." This line of yogurt contains the probiotic Bifidobacterium bifidum. It is also high in protein and calcium.
In January 2023, Namyang Dairy launched a new line of probiotic yogurt called "Namyang Pro-Balance Yogurt." This line of yogurt contains a variety of probiotics, including Lactobacillus acidophilus, Lactobacillus casei, and Bifidobacterium longum. It is also low in sugar and calories.
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Some of the Key Players in this field in Korea
Seoul Milk
Binggrae
Namyang Dairy
Ottogi Dairy
Lotte Foods
CJ Cheiljedang
Yoplait Korea
Yakult Korea
Dongwon Food
Maeil Dairies
Seoul Dairy Cooperative
Hanssem Foods
Scope of the Report
Attribute
Details
Estimated Valuation (2023)
US$ 193.3 million
Projected Valuation (2033)
US$ 456 million
Anticipated CAGR (2023 to 2033)
9.0% CAGR
Historical Analysis of Demand for Probiotic Yogurt in Korea
2018 to 2022
Demand Forecast for Probiotic Yogurt in Korea
2023 to 2033
Quantitative Units
Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Provinces Analyzed
South Gyeongsang
North Jeolla
South Jeolla
Jeju
Key Companies Profiled
Seoul Milk
Binggrae
Namyang Dairy
Ottogi Dairy
Lotte Foods
CJ Cheiljedang
Yoplait Korea
Yakult Korea
Dongwon Food
Maeil Dairies
Seoul Dairy Cooperative
Hanssem Foods
Key Segments Covered in the Korea Probiotic Yogurt Industry Report
By Product Type:
Drinkable Probiotic Yogurt
Spoonable Probiotic Yogurt
By Source:
Animal-based
Plant-based
Soy Milk
Almond Milk
Coconut Milk
Others
By Nature:
Organic
Conventional
By Flavor:
Regular/Unflavored
Flavored
Vanilla
Strawberry
Blueberry
Peach
Others
By Fat Content:
Regular/Whole Milk
Low-fat
Fat-free
By Sales Channel:
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Retailers
Wholesalers
Grocery Stores
Other Retail Format
By Province:
South Gyeongsang
North Jeolla
South Jeolla
Jeju
Frequently Asked Questions
At What Rate is the Probiotic Yogurt Adoption Growing in Korea?
The anticipated CAGR for probiotic yogurt in Korea through 2033 is 9.0%.
How big will the Probiotic Yogurt Landscape be in Korea?
Demand for probiotic yogurt in Korea is likely to reach US$ 456 million by 2033.
What is the Preferred Type for Probiotic Yogurt in Korea?
Drinkable probiotic yogurt are more common in Korea than their counterparts.
Which Source of Probiotic Yogurt is more in Demand in Korea?
Plant-based probiotic yogurt is more in demand in Korea than animal-based.
Table of Content
1. Executive Summary
1.1. Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. 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
3.10. 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 (Unit pack) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Unit pack) 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 Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Unit pack) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Unit pack) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Drinkable Probiotic Yogurt
5.3.2. Spoonable Probiotic Yogurt
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Flavor
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Unit pack) Analysis By Flavor, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Unit pack) Analysis and Forecast By Flavor, 2023 to 2033
6.3.1. Regular/Unflavoured
6.3.2. Flavoured
6.3.2.1. Vanilla
6.3.2.2. Strawberry
6.3.2.3. Blueberry
6.3.2.4. Peach
6.3.2.5. Others
6.4. Y-o-Y Growth Trend Analysis By Flavor, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Flavor, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Unit pack) Analysis By Sales Channel, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Unit pack) Analysis and Forecast By Sales Channel, 2023 to 2033
7.3.1. Hypermarkets/Supermarkets
7.3.2. Convenience Stores
7.3.3. Specialty Stores
7.3.4. Online Retailers
7.3.5. Wholesalers
7.3.6. Grocery Stores
7.3.7. Other Retail Formats
7.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Unit pack) Analysis By Region, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Unit pack) Analysis and Forecast By Region, 2023 to 2033
8.3.1. South Gyeongsang
8.3.2. North Jeolla
8.3.3. South Jeolla
8.3.4. Jeju
8.3.5. Rest of
8.4. Market Attractiveness Analysis By Region
9. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
9.1. Historical Market Size Value (US$ Million) & Volume (Unit pack) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Unit pack) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Product Type
9.2.2. By Flavor
9.2.3. By Sales Channel
9.3. Market Attractiveness Analysis
9.3.1. By Product Type
9.3.2. By Flavor
9.3.3. By Sales Channel
9.4. Key Takeaways
10. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
10.1. Historical Market Size Value (US$ Million) & Volume (Unit pack) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Unit pack) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Product Type
10.2.2. By Flavor
10.2.3. By Sales Channel
10.3. Market Attractiveness Analysis
10.3.1. By Product Type
10.3.2. By Flavor
10.3.3. By Sales Channel
10.4. Key Takeaways
11. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
11.1. Historical Market Size Value (US$ Million) & Volume (Unit pack) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Unit pack) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Product Type
11.2.2. By Flavor
11.2.3. By Sales Channel
11.3. Market Attractiveness Analysis
11.3.1. By Product Type
11.3.2. By Flavor
11.3.3. By Sales Channel
11.4. Key Takeaways
12. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
12.1. Historical Market Size Value (US$ Million) & Volume (Unit pack) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Unit pack) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Product Type
12.2.2. By Flavor
12.2.3. By Sales Channel
12.3. Market Attractiveness Analysis
12.3.1. By Product Type
12.3.2. By Flavor
12.3.3. By Sales Channel
12.4. Key Takeaways
13. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (Unit pack) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Unit pack) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Product Type
13.2.2. By Flavor
13.2.3. By Sales Channel
13.3. Market Attractiveness Analysis
13.3.1. By Product Type
13.3.2. By Flavor
13.3.3. By Sales Channel
13.4. Key Takeaways
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By Flavor
14.3.4. By Sales Channel
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Yakult Honsha Co., Ltd.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. General Mills Inc.
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. i-Health Inc.
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Lallemand Inc.
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Lifeway Foods, Inc.
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Mother Dairy Fruit & Vegetable Pvt. Ltd.
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Kerry
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Nestle S.A.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Probi
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Danisco A/S
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
