The Fermented Beverages Market in South Korea has shown a growth trend from 2024 to 2028, with volume per capita increasing consistently year over year. In 2023, the volume per capita stood at 30.30 kilograms. From 2024 to 2028, the year-on-year growth rates are expected to be modest, ranging from approximately 0.48% to 0.60%, indicating steady market expansion.
The 5-year Compound Annual Growth Rate (CAGR) from 2023 to 2028 is anticipated to be around 0.47%, reflecting a gradual but consistent rise in consumer demand for fermented beverages.
Future trends to watch for include:
- Increasing health awareness and interest in probiotic-rich fermented beverages.
- Innovations in product offerings and flavors to attract diverse consumer segments.
- Expansion in the distribution channels, including online retail, contributing to market growth.
