In South Korea, health functionjamp ferrous fumarateal food refers to food produced in various formulations, such as tablets, capsules, and liquids, using ingredients that have functionalities useful for the human body. In recent years, the demand for health functional foods in South Korea has been steadily increasinferrous sulfate kidneyg. According to sthow to take iron fumarateatistics from the Ministry of Food and Drug Safety (MFDS), domestic sales of health functional foods reached 3,768 bilnorethisterone ethinyl estradiol ferrous fumaratelion KRW in 2023, while imports were valued at 1,395 billion KRW. From 2019 to 2023, the total market demand grew at a compound annual groferrous bisglycinate hairwth rate (CAGR) of 8.5%.
South Korea’s Growing Health Functional Food Market and Ingredient Regulatory Framework
