Dairy Market Archives | Be Korea-savvy

Cheap Imported Milk Gains Ground as Domestic Consumption Slows

SEOUL, Dec. 31 (Korea Bizwire) — Imports of long-life sterilized milk into South Korea have surged over the past decade, even as overall milk consumption declines and domestic dairy producers struggle with high costs and shrinking demand. According to data from the Korea Customs Service, imports of sterilized milk rose more than tenfold, from about 4,000 [...]

Yogurt Rises, Milk Slips as Demographic Shifts Reshape Korea’s Dairy Market

SEOUL, Dec. 29 (Korea Bizwire) — As South Korea’s prolonged low birth rate reshapes consumer demand, yogurt has emerged as an unexpected sales driver at major retailers, while milk — once a staple — continues to lose ground. According to data released Sunday by the retail industry, Emart, the country’s largest discount chain, ranked milk ninth [...]