South Korea Dietary Supplements Market Size, Share, and COVID-19 Impact Analysis, By Ingredient (Vitamins, Minerals, and Probiotics), By Form (Tablets, Capsules, Gummies, and Liquids), By End User (Adult and Infants), and South Korea Dietary Supplements Market Insights, Industry Trend, Forecasts to 2035
Industry: Food & BeveragesSouth Korea Dietary Supplements Market Insights Forecasts to 2035
- The South Korea Dietary Supplements Market Size Was Estimated at USD 1260.55 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 7.28% from 2025 to 2035
- The South Korea Dietary Supplements Market Size is Expected to Reach USD 2730.55 Million by 2035
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According to a research report published by Spherical Insights and Consulting, The South Korea Dietary Supplements Market Size is anticipated to reach USD 2730.55 Million by 2035, growing at a CAGR of 7.28% from 2025 to 2035. The goal of these programs is to lessen the burden of lifestyle diseases, which has raised demand for dietary supplements like antioxidants and multivitamins.
Market Overview
The dietary supplements market includes products like vitamins, minerals, herbal extracts, and protein powders that help fill nutritional gaps and support overall health. It is growing rapidly due to rising health awareness, lifestyle diseases, and increasing demand for immunity-boosting products. Stem from India’s rich herbal traditions, e-commerce expansion, and personalized nutrition trends. The goal of these programs is to lessen the burden of lifestyle diseases, which has raised demand for dietary supplements like antioxidants and multivitamins. These initiatives ensure quality, safety, and growth, positioning the dietary supplements market as a key segment in India’s expanding health and wellness industry.
Report Coverage
This research report categorizes the market for South Korea dietary supplements market based on various segments and regions forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea dietary supplements market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea Dietary Supplements Market.
South Korea Dietary Supplements Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1260.55 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | CAGR Of 7.28% |
2035 Value Projection: | USD 2730.55 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 226 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Ingredient, By Form and By End User |
Companies covered:: | Kwangdong Pharmaceutical Co., Ltd., Hanpoong Pharm. Co., Ltd., Iksu Pharmaceutical Co., Ltd., Chunwoo Pharmaceutical Co., Ltd., Dae Rim Health Care, Dongje Medical Co., Ltd., Ebookers Korea Inc., Global Korea Medical Care (GMKC), Mediksystem, Medipresso, Pharmsville, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The dietary supplements market is driven by increasing health consciousness and rising prevalence of lifestyle diseases such as diabetes and heart conditions. Growing demand for immunity-boosting products, especially post-pandemic, further fuels growth. Additionally, expanding e-commerce platforms enhance accessibility, reaching consumers in smaller cities. The popularity of herbal and natural supplements, rooted in traditional medicine, attracts health-focused buyers. Government support through regulations and incentives also boosts market confidence. These factors create a strong foundation for the dietary supplements market’s rapid expansion.
Restraining Factors
The dietary supplements market faces challenges from counterfeit and substandard products that undermine consumer trust. High prices and taxes limit affordability for many. Additionally, unclear regulations and lack of awareness about proper usage restrain market growth and consumer confidence.
Market Segmentation
The South Korea Dietary Supplements Market share is classified into ingredient, form, and end-user.
- The vitamins segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korean dietary supplements market is segmented by ingredient into vitamins, minerals, and probiotics. Among these, the vitamins segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. The category's expansion can be attributed to consumers' increased awareness of nutritional gaps caused by hectic schedules and poor eating habits. To ensure proper nutrient intake, consumers are incorporating vitamin products into their regular diets more frequently. Vitamin categories experiencing strong global demand include bone health (vitamin D) and brain health (vitamin B).
- The tablets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea dietary supplements market is segmented by form into tablets, capsules, gummies, and liquids. Among these, the tablets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Convenience, portability, ease of ingestion, and long shelf life are factors contributing to this category's rise. The active components are delivered consistently in every serving to the accurate and regulated dosages that tablets. The most widely used form of dietary supplements at the moment is tablets.
- The adult segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea dietary supplements market is segmented by end user into adult and infants. Among these, the adult segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Growing disposable incomes and a growing trend toward active and healthy living choices. The market is anticipated to develop as a result of working people's and athletes' growing awareness of the nutritional gaps in their diets.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dietary supplements market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Kwangdong Pharmaceutical Co., Ltd.
- Hanpoong Pharm. Co., Ltd.
- Iksu Pharmaceutical Co., Ltd.
- Chunwoo Pharmaceutical Co., Ltd.
- Dae Rim Health Care
- Dongje Medical Co., Ltd.
- Ebookers Korea Inc.
- Global Korea Medical Care (GMKC)
- Mediksystem
- Medipresso
- Pharmsville
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea dietary supplements market based on the below-mentioned segments:
South Korea Dietary Supplements Market, By Ingredients
- Vitamins
- Minerals
- Probiotics
South Korea Dietary Supplements Market, By Form
- Capsules
- Gummies
- Liquids
South Korea Dietary Supplements Market, By End User
- Adult
- Infants
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