South Korea Probiotic Drinks Market Share, Trends, Business Boosting Strategies, Revenue and Forecast 2024-2031 | Maeil Dairies Co.,ltd., Fresico Co., Ltd., and Seoul Dairy co-op

South Korea Probiotic Drinks Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the South Korea Probiotic Drinks market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the South Korea Probiotic Drinks market from 2024 to 2031, and what is the market value expected to change by 2031?

The South Korea Probiotic Drinks market recorded a value of US$ 645.55 million in 2023 and is expected to reach a value of US$ 941.55 million in 2031, growing at a CAGR of 10.01% during the forecast period (2024-2031).

What is South Korea Probiotic Drinks Market?

Probiotic drinks are beverages that contain live beneficial bacteria, intended to support gut health and improve digestion when consumed regularly. These drinks typically include fermented dairy products like yogurt drinks and kefir, as well as non-dairy options such as kombucha and certain fermented juices. Probiotic drinks promote a balanced gut microbiome, which is linked to benefits like enhanced digestion, immune support, and potentially improved mental health. Available in various flavors and formulations, they offer an enjoyable, functional way for consumers to incorporate probiotics into their daily routines.

Growth Driver

South Korea's demanding work culture has boosted demand for convenient health solutions like probiotic beverages. Companies are meeting this need with on-the-go functional drinks, supported by both direct consumer interest and corporate wellness programs.

Key Players:

Profiles of some of the major players in the South Korea Probiotic Drinks market, which include Maeil Dairies Co.,ltd., Fresico Co., Ltd., and Seoul Dairy co-op

Industry Development:

In August 2022, Korea's Hy Co (formerly Korea Yakult) broadened its probiotic range to include foods, drinks, and supplements in addition to its traditional fermented milk products. Established in 1969 and known for its signature fermented milk drink, the company rebranded as Hy in March to highlight its wider focus within the probiotic market.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting market size, the study also contributes to understanding the dynamics and structure of the South Korea Probiotic Drinks market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Drinkable Yogurt, Kombucha, Kefir, Tepache, Others,
By Ingredient: Lactobacillus, Streptococcus, Bifidobacterium, Others,
By Application: Gastrointestinal Health, Vaginal Health, Urinary Tract Health, Oral Health, Anti/Healthy Ageing, Allergies/Asthma, Bone & Joint Health, Brain/Mental Health, Cardiovascular Health, Circulation, Energy/Fatigue Reduction, Metabolic Syndrome/Blood Glucose, Liver Health, Energy, Immunity/Respiratory Infections, Nutrient Absorption, Skin-Hair-Nails, Sports, Women's Health, Men's Health & Men's Fertility, Weight Management, Pediatric Health, Others
By Age: Infant, Children, Adults, Seniors
By Distribution Channels: Supermarkets/Hypermarkets, Pharmacies and Drug Stores, Convenience Stores, Online Retailers, Other Distribution Channels

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Key Features:

➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

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➧ Identify and target specific market segments with detailed intelligence on customer preferences and behaviors.

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