Fast Market Research

New Market Research Report: Vitamins and Dietary Supplements in South Korea

Recently published research from Euromonitor International, "Vitamins and Dietary Supplements in South Korea", is now available at Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 06/05/2014 -- Vitamins and dietary supplements recorded 4% current value growth in 2013. Herbal/traditional dietary supplements showed a better performance as red ginseng still strongly affected the growth rate in 2013. Paediatric vitamins and dietary supplements maintained a healthy growth rate of 7% due to the popularity of red ginseng for children. However, the vitamins and dietary supplements category as a whole saw slower growth in 2013 than in 2012 because the pattern of consumption for consumer health products has not yet completely recovered from the economy downturn.

Competitive Landscape

Korea Ginseng Corp maintained the leading position with an 18% value share in 2013. The company had lost value share of vitamins and dietary supplements; however it has enjoyed share gain since 2011. The red ginseng category in South Korea has become mature so leading brands are showing stable marginal growth. Red ginseng is still the most popular ingredient for all ages of consumers, even children.

View Full Report Details and Table of Contents

Industry Prospects

Vitamins and dietary supplements are expected to increase by a CAGR of 1% in constant value terms over the forecast period, which is slower than the growth recorded over the review period. Both herbal/traditional dietary supplements and non-herbal/traditional dietary supplements are predicted to show a CAGR of 1% in constant value terms as the entire dietary supplements category will gradually become mature. Paediatric vitamins and dietary supplements, however, will have more room to increase over the forecast period and will register a CAGR 3% in constant value terms.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Vitamins and Dietary Supplements industry in South Korea with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Vitamins and Dietary Supplements industry in South Korea, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vitamins and Dietary Supplements in South Korea market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Vitamins and Dietary Supplements in South Korea?
- What are the major brands in South Korea?

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Healthcare research reports at Fast Market Research

You may also be interested in these related reports:

- Vitamins and Dietary Supplements in South Africa
- Vitamins and Dietary Supplements in South Korea
- Consumer Health in South Korea
- Vitamins and Dietary Supplements in China
- Vitamins and Dietary Supplements in India
- Vitamins and Dietary Supplements in Canada
- Vitamins and Dietary Supplements in Japan
- Vitamins and Dietary Supplements in Colombia
- Consumer Health in South Africa
- Vitamins and Dietary Supplements in Israel