South Korea Organic Food Market to Grow at a CAGR of 7.4% During 2024-2032, Aided by the Increasing Health Awareness and Preference for Clean Label Foods

The South Korea organic food market growth is driven by a surge in demand for high-quality and safe food products post-COVID-19. This, coupled with stringent government regulations around food safety standards is driving a shift from pesticide farming to organic farming. Increased food safety concerns and evolving consumer preferences in South Korea drive the demand for imported organic foods. Traditionally, South Korean consumers have been wary of artificial sweeteners but are now embracing reduced-sugar products due to health consciousness amplified by the COVID-19 pandemic. The trend towards healthier eating is expected to boost the popularity of reduced-sugar and reduced-salt products, particularly among the younger demographic.

Table: Organic Packaged Food and Beverage Data, USD Million, 2018-2025

South Korean consumers are increasingly prioritising health, leading to a surge in demand for reduced-sugar packaged foods and beverages. While artificial sweeteners previously had limited appeal due to taste preferences, healthier eating habits have spurred interest in reduced-sugar options.

Organic foods are rich in nutrients and antioxidants like vitamin C, zinc, and iron, with up to 67-69% higher antioxidant levels compared to conventionally produced foods. They also have lower nitrate levels by about 28-30%, reducing cancer and methemoglobinemia risks. Organic dairy products contain increased levels of iron, vitamin E, omega-3 fatty acids, and carotenoids. Organic meat has higher omega-3 fatty acids and slightly lower saturated fats, promoting heart health and offering market opportunities in South Korea.

Organic foods, nurtured in healthier soil, offer superior nutrition and taste compared to conventional foods, driving a surge in demand.

In South Korea, social media marketing and celebrity endorsements are integral to food advertisements. K-pop singer Hwasa's influence on sales, dubbed the "Hwasa Effect," is a notable example. Lotte Home Shopping collaborated with Hwasa to launch a food product named Hwazakaya. Media coverage also shapes consumer choices, with many following celebrity lifestyles and endorsements. These trends contribute to the growth of South Korea's organic food industry.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by Product Type, Process, and Distribution Channels:

• Based on product type, the market can be divided into fruits and vegetables, meat, fish and poultry, dairy products, and cerelas and grains, among others.

• On the basis of process, the market can be segmented into processed and unprocessed.

• By distribution channels, the market is categorised into supermarkets and hypermarkets, convenience stores, specialty stores, and online stores, among others.

Key Findings of the Report:

• Consumers prioritize health, resulting in increased spending on organic alternatives. The COVID-19 pandemic has further boosted organic food sales in Korea, reflecting a broader trend towards healthier eating choices.

• The organic food market is driven by the increasing focus on research and development by the government.

• Extended Covid-19 restrictions have further driven this shift, with products like Heinz's reduced-sugar offerings gaining traction, particularly among younger consumers.

Key Offerings of the Report:

• The EMR report gives an overview of the South Korea organic food market for the periods (2018-2023) and (2024-2032). 

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the product type, process, and distribution channels of organic food in the South Korea.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the South Korea organic food market are Pulmuone Corporate, Maeil Co.Ltd, HiPP GmbH & Co. Vertrieb KG, and The Chorocmaeul Co., Ltd., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.