In 2023, red ginseng products took up around 21.9 percent of the South Korean health functional food market, down from about 23.6 percent in the previous year. The red ginseng sector's market share has halved since 2018 as the market diversified.
Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023
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MFDS (South Korea). (August 1, 2024). Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). "Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023." Chart. August 1, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). (2024). Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). "Sales Share of Red Ginseng Products in The Health Functional Food Market in South Korea from 2012 to 2023." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea), Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 Statista, https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/ (last visited December 22, 2024)
Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 [Graph], MFDS (South Korea), August 1, 2024. [Online]. Available: https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/