South Korea Frozen Yogurt Market Grow with a CAGR of 4.32% through 2030F
The South Korea Frozen Yogurt market is
expected to grow in the upcoming years owing to the growing health
consciousness, demand for low-calorie products, variety in flavors, and
increasing popularity of frozen desserts.
According to
TechSci Research report, “South Korea Frozen Yogurt Market – By Region,
Competition, Forecast & Opportunities, 2030F”, the South Korea Frozen Yogurt market stood at USD 4.20 billion
in 2024 and is anticipated to grow USD 7.01 billion by 2030 with a CAGR 4.32%
during forecast period owing to the growing health-consciousness among
consumers which in turn has led to an increased demand for low-calorie,
probiotic-rich desserts, positioning frozen yogurt as a healthier alternative
to traditional ice cream. Also, customization trends, where consumers can
personalize their frozen yogurt with various toppings, contribute to its
appeal. The rise in disposable income, particularly among younger consumers,
further drives market growth, as more people are willing to spend on premium
quality products. The increasing popularity of plant-based diets has also
fueled demand for dairy-free frozen yogurt alternatives, catering to vegan and
lactose-intolerant consumers.
The South Korea Frozen Yogurts market is driven by the influence of the café culture. South Korea has a thriving café culture, where consumers often seek out unique, high-quality dessert options to complement their coffee or tea experiences. Frozen yogurt has found its place as a trendy and light option for those looking for a refreshing dessert in cafés. The rise of Instagrammable dessert trends, particularly among younger consumers, also plays a role in the growing demand for visually appealing frozen yogurt creations. Many cafés are now offering frozen yogurt alongside beverages, creating an immersive and appealing experience. As more cafés incorporate frozen yogurt into their menu offerings, it helps to further boost market presence and cater to a wider consumer base. This integration into café culture aligns with the increasing demand for innovative and stylish dessert options in South Korea.
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"South Korea Frozen Yogurt Market”
South Korea
Frozen Yogurt market is segmented into nature, flavor, category, distribution
channel, and region.
Based on the distribution
channel, the online segment is the fastest growing in the South Korea Frozen
Yogurt market, driven by the increasing trend of food delivery services and
e-commerce platforms. With the rise of mobile ordering apps and food delivery
services, consumers can now easily enjoy frozen yogurt at home or work. The
convenience of ordering online, especially for busy urban dwellers, has
contributed to the rapid growth of this segment. Also, the online presence
allows frozen yogurt brands to reach a broader audience, promote new flavors,
offer promotional deals, further driving consumer interest and expanding market
reach.
Based on the
region, Central is the fastest-growing region in the South Korea Frozen Yogurt
market, owing to a combination of factors, including high population density,
urbanization, and the presence of numerous shopping malls, entertainment hubs,
and office districts. The central region’s young, tech-savvy, and
health-conscious population is increasingly inclined toward trendy, low-calorie
desserts like frozen yogurt. Also, the region benefits from a strong café
culture, where frozen yogurt is often offered alongside beverages as a popular
snack. The rising demand for customization, along with the availability of
delivery services, has further boosted the market. With the continuous
expansion of frozen yogurt outlets and online platforms in central South Korea,
this region is poised for significant growth.
Major companies
operating in the South Korea Frozen Yogurt market are:
- Danone
S.A.
- Lotte-Nestlé
Korea Co., Ltd
- Unilever
Korea Ltd
- The
Campbell's Company
- HP
Hood LLC
- The
Smoothie Factory, Inc.
- General
Mills Inc.,
- Yogurtland
Franchising, Inc.
- Scott
Brothers Dairy Inc.,
- Honey
Hill Farms
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“The South Korea
Frozen Yogurt market is expected to grow in the future owing to the growing trend of "food as an
experience." Consumers are increasingly seeking unique and enjoyable food
experiences, especially in trendy, social environments. Frozen yogurt, with its
customizable options and visually appealing presentations, aligns with this
desire. Many brands are creating immersive, themed store experiences, offering
seasonal flavors, and integrating interactive elements like self-serve machines
or topping bars. Also, the rise of experiential dining, where food is enjoyed
alongside entertainment or social activities, is driving demand for frozen
yogurt as a fun, Instagram-worthy treat. This trend attracts a younger,
experience-driven demographic, said Mr. Karan Chechi, Research Director of
TechSci Research, a research-based management consulting firm.
"South Korea Frozen
Yogurt Market By Nature (Organic, Regular), By Flavor (Chocolate,
Mango, Pineapple, Strawberry, Others), By Category (Low-Fat, No-Fat), By
Distribution Channel (Supermarket & Hypermarket, Convenience Stores,
Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of South
Korea Frozen Yogurt market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in the South Korea
Frozen Yogurt market.
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