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South Korea Dairy and Soy Food Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

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    Report

  • 144 Pages
  • August 2022
  • Region: South Korea
  • GlobalData
  • ID: 5656174
The publisher's Country Profile report on the dairy and soy food sector in South Korea provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The South Korean dairy and soy food sector is led by milk category in value terms in 2021. The grain, nut, rice, seed milk alternatives category is forecast to register the fastest value growth during 2021-2026. Hypermarkets and supermarkets is the leading channel in distribution of dairy and soy food in the country. Seoul Dairy, Maeil Dairy Industry Co and Namyang Dairy Products Co are the leading companies in the country. Rigid plastics is the most used pack material in the South Korean dairy and soy food sector.

What else is contained?

  • Sector data: Overall sector value and volume data with growth analysis for 2016-2026
  • Category coverage: Value and growth analysis for butter and spreadable fats, cheese, cream, dairy-based and soy-based desserts, drinkable yogurt, fromage frais and quark, grain, nut, rice, seed milk alternatives, milk, soymilk and soy drinks, yogurt with inputs on individual segment share within each category and the change in their market share forecast for 2021-2026
  • Leading players: Market share of companies (in value terms) and private labels (in value terms) in 2021
  • Distribution data: Percentage of sales within each category through distribution channels such as 'dollar stores', variety store and general merchandise retailers, cash and carries and warehouse clubs, convenience stores, department stores, drugstores and pharmacies, e-retailers, food and drinks specialists, hypermarkets and supermarkets, vending machines.
  • Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. pack material data for glass, flexible packaging, rigid plastics, paper and board and rigid metal; pack type for: jar, bag/sachet, tub, speciality container, stand up pouch, carton - folding, can, tray, film, foil, wrapper, box, blister pack, tube, sleeve, clamshell, bottle, other pack type, closure type for: flip/snap top, screw top, prize off, plastic tie, film, lever closure, cap, foil and other closure types, primary outer types for: carton - folding, bag, sleeve and shrink wrap.

Scope

  • Per capita consumption of dairy and soy food was higher in South Korea than the global and regional level in 2021
  • Milk was the largest category in value and volume terms, while grain, nut, rice, seed milk alternatives category is expected to register the fastest growth during 2021-2026
  • Hypermarkets and supermarkets was the leading distribution channel in the South Korean dairy and soy food sector, with a value share of 52.2% in 2021
  • In the cheese category, products with health and wellness claims grew at a higher CAGR than products without health and wellness claims during 2016-2021
  • Rigid plastics accounted for a share of 57% in the South Korean dairy and soy food sector in 2021
  • 'Kids and babies' represent the largest subset of the dairy and soy sector in South Korea

Reasons to Buy

  • Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
  • Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
  • Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
  • Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
  • The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
  • Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.

Table of Contents

  • Report Scope
  • Executive Summary
Part 1: Market Environment
  • Value and Volume Share of South Korea in the Global and Asia-Pacific Markets
  • Growth Analysis of South Korea Compared to Other Leading Countries in the Asia-Pacific Market
  • PCC and PCE of South Korea Compared to Global and Asia-Pacific Market
Part 2: Sector Deep Dive
  • South Korea Dairy and Soy Food Sector Snapshot
  • Market Size Analysis
  • Cross-Category Comparison - Value Growth Analysis and Category Winners and Losers
  • Cross-Category Comparison - Volume Growth Analysis and Category Winners and Losers
Part 3: Category Deep Dive
  • Per Capita Consumption Analysis by Category
  • Market Size Analysis - Category: Butter and Spreadable Fats
  • Segment-Level Analysis (in Value Terms) - Butter and Spreadable Fats
  • Segment-Level Analysis (in Volume Terms) - Butter and Spreadable Fats
  • Market Size Analysis - Category: Cheese
  • Segment-Level Analysis (in Value Terms) - Cheese
  • Segment-Level Analysis (in Volume Terms) - Cheese
  • Market Size Analysis - Category: Cream
  • Segment-Level Analysis (in Value Terms) - Cream
  • Segment-Level Analysis (in Volume Terms) - Cream
  • Market Size Analysis - Category: Dairy-Based and Soy-Based Desserts
  • Segment-Level Analysis (in Value Terms) - Dairy-Based and Soy-Based Desserts
  • Segment-Level Analysis (in Volume Terms) - Dairy-Based and Soy-Based Desserts
  • Market Size Analysis - Category: Drinkable Yogurt
  • Segment-Level Analysis (in Value Terms) - Drinkable Yogurt
  • Segment-Level Analysis (in Volume Terms) - Drinkable Yogurt
  • Market Size Analysis - Category: Grain, Nut, Rice, Seed Milk Alternatives
  • Segment-Level Analysis (in Value Terms) - Grain, Nut, Rice, Seed Milk Alternatives
  • Segment-Level Analysis (in Volume Terms) - Grain, Nut, Rice, Seed Milk Alternatives
  • Market Size Analysis - Category: Milk
  • Segment-Level Analysis (in Value Terms) - Milk
  • Segment-Level Analysis (in Volume Terms) - Milk
  • Market Size Analysis - Category: Soymilk and Soy Drinks
  • Segment-Level Analysis (in Value Terms) - Soymilk and Soy Drinks
  • Segment-Level Analysis (in Volume Terms) - Soymilk and Soy Drinks
  • Market Size Analysis - Category: Yogurt
  • Segment-Level Analysis (in Value and Volume Terms) - Yogurt
Part 4: Distribution Analysis
  • Channel Share Analysis
Part 5: Competitive Environment
  • Leading Companies - Value and Volume Shares
  • Brand Share Analysis of Top Five Companies
  • Brand Share Analysis of Top Five Companies by Category
  • Private Label Share Analysis by Category
  • Growth of Private Labels Compared to Branded Products
  • Degree of Consolidation/Fragmentation by Category
Part 6: Health and Wellness Analysis
  • Health and Wellness Analysis by Category
  • Health and Wellness Analysis by Product Attributes
  • Health and Wellness Analysis by Consumer Benefits
  • Cross Category Comparison - Products with HandW Claims Vs. Non-HandW Claims
Part 7: Packaging Analysis
  • Pack Material Growth Analysis
  • Pack Type Growth Analysis
  • Closure Type Growth Analysis
  • Primary Outer Type Growth Analysis
Part 8: City Deep Dive
  • Market Size Analysis of Top 10 Cities
  • Market Size Analysis of Top 10 Cities by Category
Part 9: Consumergraphics
  • Demographic Analysis
Part 10: Macroeconomic Analysis
  • GDP Growth and Inflation
  • Population Growth
  • Labor Market Trend
  • Economic Summary, Labor Market Trends, and Demographic Trends
  • South Korea Risk Index (GCRI) 2021
  • South Korea Risk Analysis - Compared to Global and Asia-Pacific Markets
  • Methodology
  • Definitions
  • Appendix
List of Tables
  • Leading value categories
  • Fastest-growing segments (value), 2021
  • Cross-category comparison - by value (2016-2026)
  • Cross-category comparison - by volume (2016-2026)
  • Per capita consumption (by category), South Korea compared to Asia-Pacific and global levels (in kg), 2021
  • Segment-level analysis (in value terms) - butter and spreadable fats
  • Segment-level analysis (in volume terms) - butter and spreadable fats
  • Segment-level analysis (in value terms) - cheese
  • Segment-level analysis (in volume terms) - cheese
  • Segment-level analysis (in value terms) - cream
  • Segment-level analysis (in volume terms) - cream
  • Segment-level analysis (in value terms) - dairy-based and soy-based desserts
  • Segment-level analysis (in volume terms) - dairy-based and soy-based desserts
  • Segment-level analysis (in value terms) - drinkable yogurt
  • Segment-level analysis (in volume terms) - drinkable yogurt
  • Segment-level analysis (in value terms) - grain, nut, rice, seed milk alternatives
  • Segment-level analysis (in volume terms) - grain, nut, rice, seed milk alternatives
  • Segment-level analysis (in value terms) - milk
  • Segment-level analysis (in volume terms) - milk
  • Segment-level analysis (in value terms) - soymilk and soy drinks
  • Segment-level analysis (in volume terms) - soymilk and soy drinks
  • Segment-level analysis (in value and volume terms) - Yogurt
  • Change in distribution share, 2016-2021
  • Top five companies share by brand (in value and volume terms) in the dairy and soy food sector, 2021
  • Brand shares of top five companies (in value and volume terms) by category, 2021
  • Category comparison - with HandW claims and non-handw claims, 2016-2021
  • Volume growth analysis of 10 cities (million kg), 2015-2020
  • Volume analysis of top 4 cities by category (million kg), 2020
  • Performance overview (score: 1-100)
  • Category data, by segment
  • Per Capita Consumption and Per Capita Expenditure
  • Dairy and soy food sales distribution in South Korea - by category (KRW million), 2021
  • Brand share (in value and volume terms) in the dairy and soy food sector, 2021
  • Brand share (in value and volume terms) in the dairy and soy food sector, by category, 2021
  • Key health and wellness product attributes driving sales in South Korea , 2016-2026
  • Key health and wellness consumer benefits driving sales in South Korea , 2016-2026
  • Pack material (in million pack units), 2016-2026
  • Pack materials by category (in million pack units), 2021
  • Pack type (in million pack units), 2016-2026
  • Pack types by category (in million pack units), 2021
  • Closure type (in million pack units), 2016-2026
  • Closure types by category (in million pack units), 2021
  • Primary outer type (in million pack units), 2016-2026
  • Primary outer types by category (in million pack units), 2021
  • Real GDP and annual growth (%), 2018-2026
  • Nominal GDP and annual growth (%), 2018-2026
  • Consumer price inflation (%), 2018-2026
  • Employed people and unemployment rate (%), 2018-2026
  • Nominal household final consumption expenditure and annual growth (%), 2018-2026
  • Population and annual growth (%), 2018-2026
  • Population by age group (%)
  • Population by gender (%)
  • Population by rural-urban split (%)
  • Exchange rates, 2016-2026
  • Dairy and Soy Food in South Korea : Value/Volume Changes at Segment Level
List of Figures
  • Value and volume share of South Korea in the global and Asia-Pacific dairy and soy food sector, 2021-2026
  • South Korea compared to the other top countries in terms of market share, growth, and competitive landscape
  • PCC comparison - South Korea , Asia-Pacific, and global, 2016-2026
  • PCE comparison - South Korea , Asia-Pacific, and global, 2016-2026
  • Market size and growth analysis by value and volume, dairy and soy food sector, 2016-2026
  • Cross-category comparison - value growth analysis and category winners and losers
  • Cross-category comparison - volume growth analysis and category winners and losers
  • Market size and growth analysis by value and volume, butter and spreadable fats category, 2016-2026
  • Market size and growth analysis by value and volume, cheese category, 2016-2026
  • Market size and growth analysis by value and volume, cream category, 2016-2026
  • Market size and growth analysis by value and volume, dairy-based and soy-based desserts category, 2016-2026
  • Market size and growth analysis by value and volume, drinkable yogurt category, 2016-2026
  • Market size and growth analysis by value and volume, grain, nut, rice, seed milk alternatives category, 2016-2026
  • Market size and growth analysis by value and volume, milk category, 2016-2026
  • Market size and growth analysis by value and volume, soymilk and soy drinks category, 2016-2026
  • Market size and growth analysis by value and volume, yogurt category, 2016-2026
  • Share of key distribution channels (in value terms) - dairy and soy food, 2021
  • Key distribution channel share by category (in value terms), 2021
  • Leading companies (in value and volume terms) in the dairy and soy food sector, 2021
  • Private label penetration by category (in value terms), 2021
  • Growth analysis, private label and brands, 2016-2021
  • Category-wise consolidation/fragmentation (in value terms) - dairy and soy food , 2021
  • Prominence of health and wellness claims by category, $ million, 2016-2021
  • Contribution of health and wellness by product attributes, $ million, 2016-2021
  • Contribution of health and wellness by consumer benefits, $ million, 2016-2021
  • Key pack materials in the South Korea ese dairy and soy food sector by percentage share of pack units, 2021
  • Annual growth rate by key pack material, 2016-2026
  • Use of pack material by category (in pack units), 2021
  • Key pack types in the South Korea ese dairy and soy food sector by percentage share of pack units, 2021
  • Annual growth rate by key pack type, 2016-2026
  • Use of pack type by category (in pack units), 2021
  • Key closure types in the South Korea ese dairy and soy food sector by percentage share of pack units, 2021
  • Annual growth rate by key closure type, 2016-2026
  • Use of closure type by category (in pack units), 2021
  • Key primary outer types in the South Korea ese dairy and soy food sector by percentage share of pack units, 2021
  • Annual growth rate by key primary outer type, 2016-2026
  • Use of primary outer type by category (in pack units), 2021
  • Volume growth analysis of top 10 cities (million kg), 2016-2021
  • Leading cities’ contribution to volume change, 2016-2021
  • Demographic analysis
  • Real GDP (KRW billion) and annual growth (%)
  • Nominal GDP (KRW billion) and annual growth (%)
  • Consumer price inflation (%)
  • Nominal household final consumption expenditure growth (%) in KRW terms
  • Population (million) and annual growth (%)
  • Population by age group (%)
  • Population by gender (%)
  • Population by rural-urban split (%)
  • Employed people (million) and unemployment rate (%)
  • Economic summary, labor market trends, and demographic trends
  • Five lowest-risk nations in GCRI Q4 2021
  • Five highest-risk nations in GCRI Q4 2021
  • South Korea 's performance in country risk analysis in comparison to Asia-Pacific and the world
  • List of 109 countries analyzed to identify the high-potential countries in different regions

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Seoul dairy
  • Maeil Dairy Industry Co
  • Namyang Dairy Products Co
  • Binggrae Co. Ltd.
  • Yakult Honsha
  • Dongwon FandB