The domestic consumption of nonfat dry milk in South Korea is forecasted to remain steady at 24.0 thousand metric tons from 2024 to 2028. This level is consistent with the consumption observed in the previous years leading up to 2023. With no significant year-on-year variation from 2024 to 2028, the Compound Annual Growth Rate (CAGR) over this period is effectively 0%, indicating a stable market without major fluctuations.

Observing future trends, the following factors will be key to watch:

Potential changes in dietary trends and consumer preferences towards nonfat dry milk alternatives.
Impacts of global trade policies and agreements on the availability and price of nonfat dry milk.
Developments in the domestic dairy industry and capacity for local production.