While overall sales of cheese are expected to continue their upwards current value growth trajectory over the forecast period, it is anticipated that growth rates will stabilise as the category reaches a level of maturity. This less promising outlook for value sales can be attributed to the ongoing decline in the number of children, who constitute one of the main consumer groups for cheese, therefore presenting challenges.
As South Korea’s population continues to age, there is a growing focus on maintaining health and wellbeing, especially in the later stages of life. In response to this, the role of nutrients in the diet has gained significant importance, leading to an increasing interest in functional foods throughout the country, and cheese has emerged as a promising candidate with natural functionality.
Due to its unique taste and aroma, hard cheese was introduced relatively later to the South Korean market compared with other cheese varieties. Currently, most of the hard cheeses available are still imported products with limited distribution, predominantly found in warehouse clubs, department stores, and on selected e-commerce platforms.
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Understand the latest market trends and future growth opportunities for the Cheese industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Cheese industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Cheese
This is the aggregation of hard, soft, spreadable and processed cheese (excl spreadable). Note: Non-dairy cheese substitutes are excluded from this category and tracked under plant-based cheese.
See All of Our DefinitionsThis report originates from Passport, our Cheese research and analysis database.
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