South Korea Lactose-Free Yohurt Market Outlook

According to a recent study by Expert Market Research, the South Korea lactose-free yohurt market size attained a value exceeding USD 88.88 million in 2023. Driven by the increasing demand for food products that support digestive health and the rising prevalence of lactose intolerance among individuals, the market is projected to expand at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2032, reaching an estimated value of USD 253.09 million by 2032.

Lactose-free yogurt, catering to those with lactose intolerance or sensitivities, is gaining popularity as a healthy and digestible alternative to traditional dairy products. The market's expansion is fueled by the rising health consciousness and the desire for products that offer both nutritional benefits and convenience.

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Market Dynamics

The South Korea lactose-free yohurt market is witnessing a surge in demand, driven by several key factors. One of the primary drivers is the growing awareness among consumers regarding lactose intolerance. As more individuals become aware of the adverse effects of lactose consumption, the demand for lactose-free dairy products, including yogurt, is on the rise.

Additionally, the increasing focus on health and wellness is driving the demand for lactose-free yogurt. Consumers are actively seeking healthier alternatives to traditional dairy products, leading to a growing preference for lactose-free options. Lactose-free yogurt is perceived as a healthier alternative, as it is easier to digest and is often fortified with essential nutrients.

Moreover, the availability of a wide range of flavors and varieties is also contributing to the market growth. Manufacturers are constantly innovating to cater to diverse consumer preferences, offering options such as fruit-flavored, Greek-style, and probiotic-rich lactose-free yogurts. These innovative offerings are attracting a broader consumer base, further driving market expansion.

Market Trends

The South Korea lactose-free yohurt market is witnessing several trends that are shaping its growth trajectory. One of the prominent trends is the increasing adoption of online channels for purchasing dairy products, including lactose-free yogurt. The convenience offered by online platforms, coupled with the availability of a wide range of products, is driving online sales of lactose-free yogurt.

Moreover, manufacturers are focusing on product innovation and differentiation to stay competitive in the market. This includes the launch of new flavors, packaging formats, and formulations to cater to evolving consumer preferences. Additionally, there is a growing trend towards clean-label and natural ingredients, with consumers seeking healthier and more transparent product options.

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South Korea Lactose-Free Yohurt Market Segmentation

The market can be divided based on source, type, and distribution channel.

Market Breakup by Source

• Organic
• Conventional

Market Breakup by Type

• Plain
• Flavoured

Market Breakup by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Speciality Stores
• Online
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the South Korea lactose-free yoghurt companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Arla Foods Ingredients Group P/S
• Nestlé SA
• Danone Pulmuone Co., Ltd.
• Others

Market Challenges

Despite the promising growth prospects, the South Korea lactose-free yohurt market faces certain challenges:

• Price Sensitivity: Lactose-free yogurt is often priced higher than regular yogurt, which may deter price-sensitive consumers.

• Limited Awareness: While awareness of lactose intolerance is growing, there is still a portion of the population that may be unaware of their intolerance or the availability of lactose-free options.

• Competition from Other Dairy Alternatives: The market for dairy alternatives is becoming increasingly crowded, with options like almond, soy, and coconut-based yogurts competing for consumer attention.

Market Opportunities

• Educational Marketing: Educating consumers about lactose intolerance and the benefits of lactose-free yogurt can help increase market penetration and drive demand.

• Product Innovation: Innovating in terms of flavors, textures, and added health benefits can differentiate lactose-free yogurt products and attract a broader consumer base.

• Expansion into New Retail Channels: Expanding the availability of lactose-free yogurt in convenience stores, online platforms, and specialty health food stores can increase accessibility and convenience for consumers.

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