In 2023, red ginseng products took up around 21.9 percent of the South Korean health functional food market, down from about 23.6 percent in the previous year. The red ginseng sector's market share has halved since 2018 as the market diversified.
Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023
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MFDS (South Korea). (August 1, 2024). Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 [Graph]. In Statista. Retrieved May 17, 2025, from https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). "Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023." Chart. August 1, 2024. Statista. Accessed May 17, 2025. https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). (2024). Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023. Statista. Statista Inc.. Accessed: May 17, 2025. https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea). "Sales Share of Red Ginseng Products in The Health Functional Food Market in South Korea from 2012 to 2023." Statista, Statista Inc., 1 Aug 2024, https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/
MFDS (South Korea), Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 Statista, https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/ (last visited May 17, 2025)
Sales share of red ginseng products in the health functional food market in South Korea from 2012 to 2023 [Graph], MFDS (South Korea), August 1, 2024. [Online]. Available: https://www.statista.com/statistics/946083/south-korea-red-ginseng-sales-share-health-functional-food-market/