New Market Study Published: Yoghurt and Sour Milk Products in South Korea
Yoghurt and sour milk products saw 10% current value growth in 2011, as both drinking yoghurt and spoonable yoghurt saw positive growth in value with increasing consumption. When the unit price of drinking milk products highly increased due to foot-and-mouth disease in 2011, consumers tended to shift to yoghurt and sour milk products, especially to drinking yoghurt. Besides, local consumers started to consider yoghurt and sour milk as healthy desserts in South Korea. Manufacturers also...
View full press release