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Food market size in South Korea 2012-2020

Published by
Nina Jobst,
Jan 17, 2022
In 2020, the food market size in South Korea amounted to around 166.63 trillion South Korean won, increased from 163.24 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 2020 (in trillion South Korean won)

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Source

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Release date

December 2021

Region

South Korea

Survey time period

2012 to 2020

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 equals 0.84 U.S. dollars or 0.74 euros as of January 2022.

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Organic food market in South KoreaOrganic food market in the U.S. South Korean FMCG marketHealth functional food in South Korea Food retail in South Korea
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