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South Korea's Health Foods Industry Surges to $2 Billion

6/9/2025

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Summary

Story summary

In 2024, South Korea's health functional foods industry flourished, hitting KRW2.762 trillion (US$2.024 billion), marking a steady rise. Exports surged by 12.2%, fueled by a booming appetite for vitamin and mineral supplements, now outpacing red ginseng. The dual-format health foods trend also thrived, with beauty and cognitive health products seeing remarkable sales growth.

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Story summary

In 2024, South Korea's health functional foods industry flourished, hitting KRW2.762 trillion (US$2.024 billion), marking a steady rise. Exports surged by 12.2%, fueled by a booming appetite for vitamin and mineral supplements, now outpacing red ginseng. The dual-format health foods trend also thrived, with beauty and cognitive health products seeing remarkable sales growth.