South Korea Ice Cream Market 2025

The South Korea ice cream market is poised for gradual expansion, anticipated to grow by USD 0.8 billion with a CAGR of around 4.1% throughout the 2025 to 2030 forecast period. In South Korea, the ice cream market is buoyed by a strong preference for innovative and premium offerings, with consumers eager to try unique and limited-edition flavors. A growing emphasis on health is leading to a rise in low-calorie and functional ice creams, including options enriched with probiotics. Additionally, the popularity of convenience stores plays a significant role, as they serve as key distribution channels for ice cream.

This report provides a comprehensive analysis of the South Korea ice cream market, combining historical data from 2020 to 2024 with forward-looking projections through 2030. It examines market size, growth rates, and key trends, offering a detailed perspective on the industry’s evolution. The analysis is structured across critical dimensions, including type, product type, ingredient and distribution channel, enabling stakeholders to identify opportunities and make informed strategic decisions.

Market Segmentation

The segmentation of the South Korea ice cream market is outlined below:
Type: dairy ice cream, water ice cream, others
Product type: frozen yoghurt, impulse ice creams, plant-based ice creams, take-home ice creams
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: convenience stores, supermarkets and hypermarkets, warehouse clubs, food & drinks stores, grocery stores, foodservice channels, e-commerce, others

The South Korea market for ice cream is divided based on type, product type, ingredient and distribution channel. In terms of type, the market is segmented into dairy ice cream, water ice cream, and others. Product type categories include frozen yoghurt, impulse ice creams, plant-based ice creams, and take-home ice creams. Ingredient segments cover fats and oils, milk, sweeteners, and others. Distribution channel segmentation includes convenience stores, supermarkets and hypermarkets, warehouse clubs, food & drinks stores, grocery stores, foodservice channels, e-commerce, and others.

Competitive Landscape

Leading companies in the ice cream market include Unilever PLC, Lotte Corporation, Lara Sweet Co. Ltd., General Mills Inc. and Binggrae Co. Ltd. This report presents an extensive analysis of major entities in the ice cream market, focusing on their performance from 2020 to 2024. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Korea ice cream market.
Gain in-depth analysis and forecasts for the key segments of the South Korea ice cream market: type, product type, ingredient and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
South Korea Ice Cream Market – Type Analysis
South Korea Ice Cream Market – Product Type Analysis
South Korea Ice Cream Market – Ingredient Analysis
South Korea Ice Cream Market – Distribution Channel Analysis
Company Shares Analysis
Unilever PLC
Lotte Corporation
Lara Sweet Co., Ltd.
General Mills, Inc.
Binggrae Co., Ltd.
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table South Korea Ice Cream Market 2020-2030
Chart South Korea Ice Cream Market, Net Growth, 2020-2030
Chart South Korea Ice Cream Market, Growth Rates, 2020-2030
Table South Korea Ice Cream Market by Type, 2020-2030
Chart South Korea Ice Cream Market by Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Ice Cream Market by Type, 2020-2030
Table South Korea Ice Cream Market by Product Type, 2020-2030
Chart South Korea Ice Cream Market by Product Type, CAGR Historic and Forecast, 2020-2030
Chart South Korea Ice Cream Market by Product Type, 2020-2030
Table South Korea Ice Cream Market by Ingredient, 2020-2030
Chart South Korea Ice Cream Market by Ingredient, CAGR Historic and Forecast, 2020-2030
Chart South Korea Ice Cream Market by Ingredient, 2020-2030
Table South Korea Ice Cream Market by Distribution Channel, 2020-2030
Chart South Korea Ice Cream Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Ice Cream Market by Distribution Channel, 2020-2030
Table South Korea Ice Cream Market Share (%), by Companies, 2020-2024
Chart South Korea Ice Cream Market, by Companies, 2024
Table South Korea Ice Cream Market Share (%), by Brands, 2020-2024
Chart South Korea Ice Cream Market, by Brands, 2024
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Ice Cream Market: Spend as a Proportion of GDP (%)
Table South Korea Ice Cream Market: Consumption per Capita (Population)

Companies Mentioned

Unilever PLC
Lotte Corporation
Lara Sweet Co., Ltd.
General Mills, Inc.
Binggrae Co., Ltd.