Rising Priority towards Health and Wellness with inclining use of Probiotics to Foster Future Growth of Nutraceuticals Market in Korea: Ken Research

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Rising Priority towards Health and Wellness with
inclining use of Probiotics to Foster Future
Growth of Nutraceuticals Market in Korea Ken
Research
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Korea Ginseng Corporation and CJCJ are observed
to dominate Korea dietary supplements, and
functional foods and beverages market
respectively in 2016 By distribution channel,
convenience stores dominated the Korea
nutraceuticals market in year 2016 Health
segment dominated the functional food and
beverages market segment in Korea.
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Probiotics are expected to drive the dietary
supplements market in Korea The people of Korea
have been observed to show growing concern
towards their health and fitness by giving first
preference to organic foods and rising disposable
incomes leading to higher purchasing power, thus
making nutraceuticals supplements affordable in
Korea. The Korean Nutraceuticals industry has
experienced a stable growth which showcases that
they are open to new products to improve and as
well as to maintain health. Along with organic
juices, new products were launched within Ready
to Drink (RTD) tea segment. Woongjin Food
launched a new product called sky barley drink
(bottled and canned) catering to the needs of
children. Additionally, Kwang Dong Pharm also
introduced a new type of lemon green tea
constituting several anti-oxidants for boosting
up the immune system of an individual.
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• Furthermore, food safety and other issues such as
  GMOs, BSE and high presence of trans-fats in
  daily lifestyle are some of the major concerns
  that are driving consumer interest towards
  consumption of natural foods for staying fit. The
  development in Korea Nutraceuticals sector is
  also supported by a five year development plan
  which aims at increasing the market share for
  eco-friendly products. In accordance with
  EU-Korea equivalence arrangement, European
  companies are showing high potential in Asian
  markets like Korea through organic foods and
  beverages segment carrying EU organic
  certification label.
• Ken Research in its latest study, Korea
  Nutraceuticals Market Outlook to 2021 suggested
  herbal supplements in dietary supplements segment
  will continue to dominate the market during the
  forecast period. The preferred public interest
  towards herbal

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products being non-toxic in nature and their
availability at affordable prices results in high
demand for herbal supplements in Korea dietary
supplements industry. Korea nutraceuticals
market is likely to showcase growth at a steady
pace during the forecast period owing to the fast
aging rate of population of Korea. It is
estimated that the most of the Koreans spend
their leisure time in watching TV, resting and
playing games on the internet, resulting in rapid
aging effects. The per capita expenditure towards
healthcare has also been one of the major driving
forces for growing nutraceuticals market in
Korea. The report provided information on market
size for Korea nutraceuticals market, Korea
nutraceuticals market segmentations on the bases
of dietary supplements, functional food
beverages and distribution channels, regulatory
landscape, import and export scenario, trends and
developments and competitive landscape.
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• Key Topics Covered in the Report
• Protein and Amino Acid Supplements Sales in Korea
• Functional Foods Nutraceuticals and Medicines
  Korea
• Korea Imported Nutraceutical Products
• Korea Vitamin Supplement Market
• Korea Market Growth Nutraceutical
• Ginseng Sales in Korea
• Korea Anti Oxidants Food Category Growth
• Export Nutritional Supplements Korea
• Omega 3 Fatty Acid Industry Size in Korea
• For further information, kindly visit
• https//www.kenresearch.com/healthcare/pharmaceuti
  cals/korea-nutritional-supplements-market/123858-9
  1.html

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l https//www.kenresearch.com/healthcare/pharmace
uticals/australia-nutraceuticals-market-report/121
465-91.html Contact Ken Research Ankur Gupta,
Head Marketing Communications query_at_kenresearch.
com 91-124-4230204
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