Press release
South Korea Vegan Chocolate Market Size To Grow At A CAGR Of 13.6% In The Forecast Period Of 2023-2028
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter's Five Forces Models.
South Korea Vegan Chocolate Market Size, Share, Trends, Industry, Key Player, Report and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 13.6%
The South Korea vegan chocolate market has been observing a significant rise owing to the growing lactose-intolerant population and rising demand for sustainable and clean labelled food products. Due to the presence of a significant lactose intolerant population in South Korea more manufacturers are investing in research and development activities to develop suitable alternative chocolate products to fulfil the needs of the consumers.
Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/south-korea-vegan-chocolate-market/requestsample
Vegan chocolates are now popularly used in the preparation of desserts, dishes, and beverages in South Korea due to the health benefits associated with the vegan chocolates. They help in improving the health of consumers as they contains sufficient amount of Vitamin E, copper, and magnesium which are known to strengthen the natural defences of the body, ensure a supply of oxygen to the blood cells, and improve blood flow. Moreover, the role of vegan chocolates in lowering bad cholesterol and improving blood pressure are further encouraging consumers to adopt vegan chocolates.
Both Generation Z and Millennials are including vegan chocolates in their diets owing to the rising awareness regarding cruelty towards animals and the need to contribute towards environmental sustainability goals. Due to rising awareness and internet penetration people are becoming aware and empathic towards animals thereby helping in the growth of the South Korea vegan chocolate market.
South Korea Vegan Chocolate Industry Definition and Major Segments
Vegan chocolate is a type of chocolate that is prepared using plant-based products without the use of animal-derived products such as honey, eggs, and dairy products. Vegan chocolate is considered to be a safe and healthy product due to the presence of fewer calories and fats. It includes cacao, and the health benefits offered by it.
Based on product, the market can be segmented into:
• Dark Chocolate
• White Chocolate
• Others
On the basis of flavour, the market can be classified into:
• Caramel
• Brown Butter
• Lavender
• Coconut Milk
• Others
Based on distribution channel, the market can be divided into:
• Hypermarkets and Supermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others
South Korea Vegan Chocolate Market Trends
The key trends in the South Korea vegan chocolate market include the rising number of factories and expansion of product ranges by manufacturers to increase the overall production rate which is thereby expected to fuel the growth of the market in the country. Further plans to establish separate plants for the production of vegan products, and various initiatives by the South Korea government to conduct awareness campaigns to promote veganism by sponsoring food events and supporting start-ups is expected to enhance the growth of the South Korea vegan chocolate market in the forecast period.
Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/south-korea-vegan-chocolate-market
Increased consumption of vegan chocolate products such as protein bars by health enthusiasts like sports persons, gym trainees, and marathon runners is also improving the growth of the vegan chocolate market in South Korea. Due to rising disposable income and improved standards of living, people are able to afford premium vegan chocolates thereby contributing to the growth of the South Korea vegan chocolate market.
Manufacturers in South Korea are increasingly adopting the trend of sustainable packaging which also helps them reduce their ecological footprint and environmental impact. These packaging styles attract a large number of consumers especially those that are environmentally conscious, encouraging them to purchase products.
Key Market Players
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of the key market players.
Related Reports:
Kaolin Market: https://www.marketwatch.com/press-release/global-kaolin-market-size-to-grow-at-a-cagr-of-420-in-the-forecast-period-of-2023-2028-2023-02-02?mod=search_headline
Nut Milk Market: https://www.marketwatch.com/press-release/global-nut-milk-market-size-to-grow-at-a-cagr-of-1140-in-the-forecast-period-of-2023-2028-2023-02-03?mod=search_headline
Solid Oxide Fuel Cell Market: https://www.marketwatch.com/press-release/global-solid-oxide-fuel-cell-market-size-to-grow-at-a-cagr-of-2690-in-the-forecast-period-of-2023-2028-2023-02-03?mod=search_headline
Methanol Market: https://www.marketwatch.com/press-release/europe-methanol-market-size-to-grow-at-a-cagr-of-36-in-the-forecast-period-of-2023-2028-2023-02-03?mod=search_headline
MICE Industry Market: https://www.expertmarketresearch.com/reports/mice-industry-market
South Korea Coconut Milk Products Market: https://www.expertmarketresearch.com/reports/south-korea-coconut-milk-products-market
Ship Loader and Unloader Market: https://www.expertmarketresearch.com/reports/ship-loader-and-unloader-market
Refurbished and Used Mobile Phones Market: https://www.expertmarketresearch.com/reports/refurbished-and-used-mobile-phones-market
Custom T-shirt Printing Market: https://www.expertmarketresearch.com/reports/custom-t-shirt-printing-market
South Korea Mobile Gaming Market: https://www.expertmarketresearch.com/reports/south-korea-mobile-gaming-market
Media Contact:
Company Name: Claight Corporation
Contact Person: Anisha Luccas, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
LinkedIn: https://www.linkedin.com/company/expert-market-research
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release South Korea Vegan Chocolate Market Size To Grow At A CAGR Of 13.6% In The Forecast Period Of 2023-2028 here
News-ID: 2934997 • Views: …
More Releases from Expert Market Research
Bed and Bath Linen Market Trends, Growth & Forecast 2025-2034
The global bed and bath linen market is witnessing strong growth due to increasing consumer focus on home décor, comfort, and luxury. Rising disposable incomes, urbanization, and the booming hospitality sector are further boosting demand for premium-quality bed sheets, pillowcases, towels, and bathrobes. Technological innovations in fabrics, such as antimicrobial, wrinkle-resistant, and sustainable textiles, are shaping consumer preferences. In addition, the expansion of online distribution channels has made luxury and…
Global Fruit Juice Market Size, Report and Forecast 2025-2034
The latest report from Expert Market Research titled, "Global Fruit Juice Market Size, Report and Forecast 2025-2034," offers a comprehensive analysis of the global fruit juice market, examining it across various segments such as types, flavours, distribution channels, and key regions.
The report identifies and tracks the latest trends shaping the industry and evaluates their impact on the overall market dynamics. It also provides a thorough assessment of the market, covering…
Global Fluorspar Market Forecast 2025-2034: Growth, Trends, and Key Insights
According to the latest report by Expert Market Research (EMR), the global Fluorspar Market Size is projected to grow at a CAGR of 5.60% between 2025 and 2034. The market is expected to experience significant growth by 2034, driven by the increasing demand for fluorspar across industries such as manufacturing, chemicals, and metallurgy.
Fluorspar, also known as fluorite, is a key industrial mineral composed of calcium fluoride (CaF2). It is crucial…
Why will smart pulse oximeters market hit $3.50Bn by 2034?
smart pulse oximeters market Overview
The smart pulse oximeters market has become a pivotal part of modern healthcare infrastructure, especially in the wake of increasing cardiovascular and respiratory ailments. These technologically enhanced devices measure blood oxygen saturation and pulse rate, often offering wireless connectivity to mobile apps for better health tracking. Their growing application in hospitals, ambulatory settings, and home healthcare environments reflects the market's evolving dynamics. Key drivers include the…
More Releases for South
South Florida's Continuum South Beach Emerges as One of the Most Coveted Propert …
The Continuum South Beach reigns supreme as a highly coveted condominium in South Florida, presenting an array of offerings that ensure an elevated quality of life.
Miami beach, FL - Continuum South Beach [https://www.continuuminsouthbeach.com/] presents a sanctuary of lavishness, featuring opulent apartments and a breathtaking riverfront location in close proximity to the finest attractions of Miami Beach. These extraordinary residences are discreetly nestled within this prestigious condominium, specifically within the Continuum…
Green Cool UK Expand Air Conditioning Services in South Wales and the South West
Cardiff, South Wales - Green Cool UK, the UK's leading air conditioning and refrigeration company, are pleased to announce the extension of their services in South Wales, including Cardiff, Swansea, Newport and into Bristol and the South West. With over 18 years experience in the HVAC industry Green Cool UK supply high performance air conditioning systems and green energy solutions for domestic and commercial customers.
As air conditioning and refrigeration experts…
2024 South Africa International Industrial Exhibition and China (South Africa) I …
Exhibition time: September 19-21, 2024
Exhibition location: Sandton Convention Centre, Johannesburg
Organizer: South Africa Golden Bridge International Exhibition Company
Exhibition introduction
The South African International Industrial Exhibition [https://www.vovt-diesel.com/] and China (South Africa) International Trade Fair is a large-scale international exhibition held to promote Chinese enterprises to explore the African market. Relying on the advantageous resources of the local government, business associations and industry organizations in South Africa, it builds a pragmatic and efficient platform…
Stem Cell Therapy Market | Smith+Nephew (UK), MEDIPOST Co., Ltd. (South Korea), …
Stem Cell Therapy Market in terms of revenue was estimated to be worth $286 million in 2023 and is poised to reach $615 million by 2028, growing at a CAGR of 16.5% from 2023 to 2028 according to a new report by MarketsandMarkets. The global stem cell therapy market is expected to grow at a CAGR of 16.8% during the forecast period. The major factors driving the growth of the…
Global Pajamas Market Report - Japan, Europe, South Korea, Asia and America ( No …
Recently we published the latest report on the Pajamas market. The report on the Pajamas market provides a holistic analysis, of market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 15 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The Pajamas market analysis includes product segment and geographic landscape.
The…
South Africa Agriculture Market, South Africa Agriculture Industry, South Africa …
The South Africa has a market-oriented agricultural economy, which is much diversified and includes the production of all the key grains (except rice), deciduous, oilseeds, and subtropical fruits, sugar, wine, citrus, and most vegetables. Livestock production includes sheep, cattle, dairy, and a well-developed poultry & egg industry. Value-added activities in the agriculture sector include processing & preserving of fruit and vegetables, crushing of oilseeds, chocolate, slaughtering, processing & preserving of…
