In 2021, the South Korean butter market size was valued at around 27.8 billion South Korean won and expected to reach almost 36 billion South Korean won by 2026. At the same time, the market value for margarine and spreads stood at approximately 14.4 billion South Korean won but was forecast to decline to around 12.5 billion South Korean won by 2026.
Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026
(in billion South Korean won)
Characteristic
Butter
Margarine & spreads
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FIS. (December 30, 2021). Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026 (in billion South Korean won) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/
FIS. "Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026 (in billion South Korean won)." Chart. December 30, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/
FIS. (2021). Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026 (in billion South Korean won). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/
FIS. "Market Size of Butter and Margarine/Spreads in South Korea from 2016 to 2021, with a Forecast for 2026 (in Billion South Korean Won)." Statista, Statista Inc., 30 Dec 2021, https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/
FIS, Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026 (in billion South Korean won) Statista, https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/ (last visited August 24, 2024)
Market size of butter and margarine/spreads in South Korea from 2016 to 2021, with a forecast for 2026 (in billion South Korean won) [Graph], FIS, December 30, 2021. [Online]. Available: https://www.statista.com/statistics/1374925/south-korea-butter-and-margarine-market-size/