New Market Research Report: Other Dairy in South Korea
In 2013, value sales of other dairy is expected to decrease by 4%; falling to Won21 billion. The decline has slowed, but most products are suffering from low market demand. The small size of the market means manufacturer investment is minimal. The largest categories in other dairy are condensed/evaporated milk and coffee whiteners, which make up 63% and 37% of value sales respectively. Local consumers use condensed/evaporated milk in many different ways, including substituting cream or coffee whiteners with it...
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