Dietary supplements is expected to record stable, albeit undynamic, value growth (at constant 2022 prices) over the forecast period in line with increasing maturity. Probiotic supplements and protein supplements are expected to record the strongest retail volume growth rates in line with current trends.
Probiotic supplements is projected to continue to perform well over the forecast period, as probiotics are important for the immune system. Consumers are more aware of the effect of probiotics, and the fact that probiotics support intestinal health and help to maintain the immune system; this greater awareness is not only due to advertisements, but also due to various studies carried out.
Korea Ginseng Corp is likely to retain its overall leadership of dietary supplements over the forecast period due to its dominance of ginseng, the largest value category. The player has struggled since the emergence of the pandemic due to decreasing duty free sales as a result of travel restrictions.
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Understand the latest market trends and future growth opportunities for the Dietary supplements industry in South Korea with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Dietary supplements industry in South Korea, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
It is the aggregation of all dietary supplements: Minerals, fish oils/omega fatty acids, garlic, ginseng, ginkgo biloba, evening primrose oil, Echinacea, St John's Wort, protein supplements, probiotic supplements, eye health supplements, co-enzyme Q10, glucosamine, combination herbal/traditional supplements, non-herbal/traditional supplements, and all other dietary supplements specific to country coverage.See All of Our Definitions
This report originates from Passport, our Dietary supplements research and analysis database.
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