Adult Powdered Milk Market size was valued at USD 11.2 Billion in 2024 and is forecasted to grow at a CAGR of 4.6% from 2026 to 2033, reaching USD 15.8 Billion by 2033.
The South Korean adult powdered milk market has been experiencing steady growth over the years, driven by the increasing demand from various industries and a shift in consumer preferences. As more adults seek nutritious, convenient alternatives to traditional dairy products, the adult powdered milk sector has found its place in the South Korean food and beverage market. This growing demand is fueled by the recognition of the health benefits of powdered milk, such as its ability to provide essential nutrients and vitamins in a highly portable and long-lasting form.
One of the major drivers behind this growth is the aging population in South Korea. With a significant portion of the population over the age of 50, adult powdered milk offers an easy way to supplement their daily nutritional intake. Many adults in South Korea are turning to powdered milk as a source of calcium, protein, and other essential nutrients to support bone health and overall well-being. Additionally, powdered milk is often used in various food and beverage products, such as ready-to-drink beverages, cereals, and bakery items, further driving its demand across different sectors.
Industries like healthcare, fitness, and foodservice are also contributing to the demand for adult powdered milk. For instance, the healthcare sector uses powdered milk in nutritional supplements for patients who need to regain strength after surgeries or illnesses. Fitness enthusiasts often use powdered milk as a protein supplement in their diet to support muscle recovery and growth. The foodservice industry is incorporating powdered milk into products like coffee creamers and smoothies, making it a versatile ingredient that caters to a wide range of consumer needs.
The requirement for adult powdered milk in these industries is not just about taste or convenience. It is also about meeting specific nutritional needs. Companies are innovating in terms of flavor options and the addition of functional ingredients such as probiotics, prebiotics, and vitamins, making adult powdered milk a more attractive option for health-conscious consumers.
The South Korean market also sees the emergence of local and international brands competing to capture the growing demand. These brands are focusing on product differentiation by offering organic, low-fat, and lactose-free variants of adult powdered milk to cater to specific consumer needs. As more consumers prioritize health and wellness, the market for adult powdered milk is expected to continue expanding, with new players entering the market and existing companies enhancing their offerings.
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Abbott
Nestle
Anlene
Murray Goulburn
Régilait
Yili
Fasska
Yashily
Vreugdenhil Dairy
Anchor
GMP
Feihe
Tatura
Ausino Products
Wondersun
Able Food Sdn Bhd
Mengniu
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Adult Powdered Milk Market
Full-cream Powdered Milk
Skimmed Powdered Milk
Fortified Powdered Milk
Organic Powdered Milk
Non-Dairy Powdered Milk Alternatives
Online Retailers
Supermarkets and Hypermarkets
Health and Wellness Stores
Convenience Stores
Direct Sales
Adults aged 18-30
Adults aged 31-50
Adults aged 51 and above
High Protein Powdered Milk
Low Sugar Powdered Milk
High Calcium Powdered Milk
Reduced Lactose Powdered Milk
Plastic Containers
Pouches
Metal Canisters
Bulk Packaging
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Adult Powdered Milk Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Adult Powdered Milk Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Adult Powdered Milk Market, By Type
6. South Korea Adult Powdered Milk Market, By Application
7. South Korea Adult Powdered Milk Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Adult Powdered Milk Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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