Fluid milk distribution in South Korea stood at 2.03 million metric tons in 2023. For the year 2024, the forecasted distribution is 2.02 million metric tons, representing a minor year-on-year decrease of approximately 0.49%. This trend continues through 2025 (2.01 million metric tons, -0.50%), 2026 (2.00 million metric tons, -0.50%), 2027 (1.98 million metric tons, -1.00%), and 2028 (1.97 million metric tons, -0.51%). Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is expected to drop by around 0.6% annually.
Future trends to watch for include shifts in consumer preferences towards plant-based milk alternatives, potential policy changes affecting dairy farming, and innovations in the dairy industry to meet environmental and health concerns. These factors may further influence fluid milk distribution volumes in South Korea.
