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Dietary Supplements in South Korea

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    Report

  • 30 Pages
  • October 2022
  • Region: South Korea
  • Euromonitor International
  • ID: 227283
The most performed surgery in South Korea is for cataracts. According to the Health Insurance Review and Assessment Service, cataracts usually occur in people in their 60s or older. However, the number of consumers in South Korea in their 40s and 50s suffering from cataracts increased significantly in the second half of the review period. As a result, an increasing number of people are taking eye health supplements which contain lutein in an effort to prevent this issue.

The Dietary Supplements in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2017-2021, allowing you to identify the sectors driving growth. Forecasts to 2026 illustrate how the market is set to change.

Product coverage: Combination Dietary Supplements, Herbal/Traditional Dietary Supplements, Non-Herbal/Traditional Dietary Supplements.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Dietary Supplements market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2022 DEVELOPMENTS
  • As COVID-19 threat diminishes, growth in demand for dietary supplements slows
  • Many remain sceptical of the benefits of dietary supplements
  • Orkla Health continues to lead thanks to the strength of its Möller’s brand
PROSPECTS AND OPPORTUNITIES
  • Immunity focused products will remain most popular as memory of COVID-19 lingers
  • Beauty products to see rising demand as consumers place greater focus on appearance
  • Increased demand expected from vegan dietary supplements
CATEGORY DATA
  • Table 1 Sales of Dietary Supplements by Category: Value 2017-2022
  • Table 2 Sales of Dietary Supplements by Category: % Value Growth 2017-2022
  • Table 3 Sales of Dietary Supplements by Positioning: % Value 2017-2022
  • Table 4 NBO Company Shares of Dietary Supplements: % Value 2018-2022
  • Table 5 LBN Brand Shares of Dietary Supplements: % Value 2019-2022
  • Table 6 Forecast Sales of Dietary Supplements by Category: Value 2022-2027
  • Table 7 Forecast Sales of Dietary Supplements by Category: % Value Growth 2022-2027
CONSUMER HEALTH IN NORWAY
EXECUTIVE SUMMARY
  • Consumer health in 2022: The big picture
  • 2022 key trends
  • Competitive landscape
  • Retailing developments
  • What next for consumer health?
MARKET INDICATORS
  • Table 8 Consumer Expenditure on Health Goods and Medical Services: Value 2017-2022
  • Table 9 Life Expectancy at Birth 2017-2022
MARKET DATA
  • Table 10 Sales of Consumer Health by Category: Value 2017-2022
  • Table 11 Sales of Consumer Health by Category: % Value Growth 2017-2022
  • Table 12 NBO Company Shares of Consumer Health: % Value 2018-2022
  • Table 13 LBN Brand Shares of Consumer Health: % Value 2019-2022
  • Table 14 Penetration of Private Label in Consumer Health by Category: % Value 2017-2022
  • Table 15 Distribution of Consumer Health by Format: % Value 2017-2022
  • Table 16 Distribution of Consumer Health by Format and Category: % Value 2022
  • Table 17 Forecast Sales of Consumer Health by Category: Value 2022-2027
  • Table 18 Forecast Sales of Consumer Health by Category: % Value Growth 2022-2027
APPENDIX
  • OTC registration and classification
  • Vitamins and dietary supplements registration and classification
  • Self-medication/self-care and preventive medicine
  • Switches
  • Summary 1 OTC: Switches 2021-2022
DEFINITIONS
SOURCES
  • Summary 2 Research Sources