The cream market in South Korea showed a steady growth from a consumption volume of 0.65 KG per capita in 2024 to 0.76 KG per capita in 2028. Given we are currently in 2024, this forecast indicates a consistent year-on-year increase in per capita consumption of cream. Specifically, the increments over the years spell out percentage variations roughly observed at about 4.62% from 2024 to 2025, 4.41% from 2025 to 2026, 2.82% from 2026 to 2027, and 4.11% from 2027 to 2028. Over the last two years, the cream volume per capita has demonstrated a consistent upward trend with an average growth rate (CAGR) of 4.00% over five years.
Future trends to watch for include possible impacts of consumer behavior changes towards healthier or alternative dairy products, economic factors influencing purchasing power, and potential innovations in the cream market that may fuel further growth or alter consumption patterns.