In 2023, Korean red ginseng products were the most popular health products with the sales revenue of approximately 895.3 billion South Korean won. It was followed by approved ingredients and probiotics, with around 741 billion won and around 675.5 billion won, respectively.
Sales revenue of health functional products sold the most in South Korea in 2023, by type
(in billion South Korean won)
* According to the Ministry of Food and Drug Safety, approved ingredients, unlike notified ingredients, are the type of ingredients that be used for meal or replace conventional food and are approved by the Ministry of Food and Drug Safety of South Korea upon reviewing applications from individual business holders.
1,000 South Korean won equals 0.75 U.S. dollars or 0.67 euros as of September 2024.
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MFDS (South Korea). (August 1, 2024). Sales revenue of health functional products sold the most in South Korea in 2023, by type (in billion South Korean won) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/
MFDS (South Korea). "Sales revenue of health functional products sold the most in South Korea in 2023, by type (in billion South Korean won)." Chart. August 1, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/
MFDS (South Korea). (2024). Sales revenue of health functional products sold the most in South Korea in 2023, by type (in billion South Korean won). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/
MFDS (South Korea). "Sales Revenue of Health Functional Products Sold The Most in South Korea in 2023, by Type (in Billion South Korean Won)." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/
MFDS (South Korea), Sales revenue of health functional products sold the most in South Korea in 2023, by type (in billion South Korean won) Statista, https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/ (last visited December 23, 2024)
Sales revenue of health functional products sold the most in South Korea in 2023, by type (in billion South Korean won) [Graph], MFDS (South Korea), August 1, 2024. [Online]. Available: https://www.statista.com/statistics/791580/south-korea-health-functional-food-bestseller-sales/
