Competitive Landscape
Maeil Dairies Co Ltd Narrows Gap as Dr Chung’S Food Co Ltd Adapts to Shifting Demand
Plant-based dairy in South Korea remains concentrated in 2026, but the degree of concentration has decreased compared to previous years. Dr Chung’s Food Co Ltd holds the largest value share at 35% in 2026, down from 44% in 2021, evidencing a steady decline over the period.
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Overview:
Understand the latest market trends and future growth opportunities for the Plant-based Dairy 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 Plant-based Dairy 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.
The Plant-based Dairy in South Korea report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Plant-based Dairy in South Korea?
- Which are the leading brands in Plant-based Dairy in South Korea?
- How are products distributed in Plant-based Dairy in South Korea?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Plant-based Dairy?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in South Korea?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Plant-Based Dairy in South Korea - Category analysis
Key Data Insights
Plant-Based Dairy Summary
Plant-Based Milk Increasingly Viewed as a Daily Wellness Staple
Oatmond and Maeil Drive Plant-Based Milk Innovation and Appeal
Maeil’S Routine Challenge Builds Daily Habits and Drives Engagement
Innovation Drives Value Growth as Brands Target Nutritional Concerns
Almond and Oat Drinks Gain Further Traction as Consumer Priorities Shift to Nutrition and Taste
Rising Brand Investment in Product Experience Intensifies Competition beyond Functional Claims
Maeil Dairies Co Ltd Narrows Gap as Dr Chung’S Food Co Ltd Adapts to Shifting Demand
Retail E-Commerce Attracts Bulk Buyers with Multipack Promotions
Convenience Stores Gain Share as Younger Shoppers Embrace Accessibility
Blending Technology and Sensory Profile Engineering Redefine Product Development
Oatmond and Vegemil Reimagine Blending Technology and Format Architecture
Blending Technology and Format Diversification Have Significant Business Impact
Dairy Products and Alternatives in South Korea - Industry Overview
2026 Developments
Key Data Insights
Value Growth Driven Wellness Positioning and Innovation
Premiumisation and Plant-Based Reset Unlock Value beyond Volume Growth
Yopro Leverages Protein Focus to Boost Yoghurt Relevance
Manufacturers Prioritise Wellness and Premium Features to Offset Declining Volume
Yoghurt and Plant-Based Drinks Gain Traction as Consumption Habits Diversify
Premium Infant Nutrition and Specialty Products Sustain Value Amid Demographic Decline
Maeil Dairies Co Ltd Leverages Wellness to Narrow Gap with Seoul Dairy Cooperative
Top Players Maintain Lead through Stong Brand Equity and Strategic Responses
Retail E-Commerce Captures Premium and Specialised Dairy Demand
Convenience Stores Expand Private Label Milk to Attract Value-Driven Shoppers
Clean-Label Design Drives Soy Milk Reinvention
Multi-Attribute Formulation Redefines Yoghurt's Functional Role
Technical Differentiation Defines Premium Milk Formats
Country Reports Disclaimer
The following categories and subcategories are included:
Plant-based Dairy
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- Soy Drinks
- Other Plant-based Milk
- Plant-based Yoghurt
- Plant-based Cheese
Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
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This report originates from Passport, our Plant-based Dairy research and analysis database.
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