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Food market size in South Korea 2012-2019

Published by Nina Jobst, Mar 5, 2021
In 2019, the food market size in South Korea amounted to around 163.29 trillion South Korean won, increased from 162.28 trillion in the previous year. Overall, the size of the food market increased throughout the years.

Size of the food market in South Korea from 2012 to 2019 (in trillion South Korean won)

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Source

Release date

December 2020

Region

South Korea

Survey time period

2012 to 2019

Supplementary notes

In order to calculate the size of the food market, the following formula was applied:
Market size = (Production value) - (Export value) + (Import value)

Food in this statistic may include processed food, health functional food and agricultural & fishery products.

Note: 1,000 South Korean won equal 0.91 U.S. dollars and 0.75 euros as of January 2021.

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Organic food market in South KoreaOrganic Food IndustrySouth Korean FMCG marketHealth functional food in South Korea Food retail in South Korea
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