Market share of leading soy milk companies South Korea H1 2022
In the first half of 2022, Dr. Chung's Food was the company with the highest market share in the soy milk market in South Korea, at over 54 percent. Dr. Chung's Food had offered the first products for those who are lactose intolerant and its brand "Vegemil" (vegetable + milk) has become a household name in the market. Traditional dairy companies could each not exceed a market share of 6 percent.