The forecasted nonfat dry milk consumption in South Korea from 2024 to 2028 remains steady at 23.0 thousand metric tons annually. This consistency indicates no expected growth or decline in demand. To provide context, the consumption in 2023 was also 23.0 thousand metric tons, underscoring a stable consumption pattern over the years. Year-on-year variation from 2023 to 2024 and onward is 0%, with a confirmed lack of fluctuation in the market. The Compound Annual Growth Rate (CAGR) over the last five years remains at 0%, reflecting absolute market stability.

Future trends to watch for include:

Potential shifts in dietary preferences and health trends.
Changes in dairy product pricing and alternative dairy products' market impact.
Possible economic factors affecting purchasing power and consumer spending patterns.
Regulatory changes and their impact on dairy import-export dynamics.