Ice cream in South Korea is expected to maintain solid retail current value growth throughout the forecast period. The health and pleasure trends, often referred to as “healthy pleasure”, are expected to continue influencing ice cream in South Korea.
Online distribution channels present significant opportunities for growth in ice cream in South Korea. Quick commerce platforms such as B-Mart, and e-commerce giants including SSG Delivery and Coupang, are becoming increasingly important.
Ice cream in South Korea is facing a significant challenge due to “milkflation”, or the rising cost of raw milk, which is contributing to broader inflationary pressures. As the price of milk increases, so does the cost of producing dairy-based products, which comprise a significant proportion of sales of ice cream.
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Understand the latest market trends and future growth opportunities for the Ice Cream 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 Ice Cream 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.
Ice Cream
Ice cream is the aggregation of frozen yoghurt, impulse ice cream, plant-based ice cream, unpackaged ice cream and take-home ice cream. Frozen desserts is included in Passport’s Staple Foods research. Please note that soft serve ice cream from ice cream dispensing machines sold at foodservice outlets (e.g. fast food or ice cream parlours) is entirely excluded.
See All of Our DefinitionsThis report originates from Passport, our Ice Cream research and analysis database.
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