The forecast for nonfat dry milk human domestic consumption in South Korea from 2024 to 2028 is stable, with an annual consumption of 24.0 thousand metric tons each year. This represents no year-on-year variation as the consumption remains constant over the five-year forecast period. In 2023, the consumption was also 24.0 thousand metric tons, indicating no variation over the last two years. The compound annual growth rate (CAGR) for the last 5 years is 0% due to the steady consumption volume.

Future trends to watch for:

Potential changes in dietary preferences that could impact nonfat dry milk consumption.
Market responses to trade policies and regulations related to dairy imports.
Advancements in dairy alternatives and their influence on nonfat dry milk demand.