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Korean Health Functional Foods Fascinate the World
Due to the worldwide spread of COVID-19, food consumption has increased exponentially, and interest in health functional foods with immune-improving effects such as red ginseng is on the rise. In fact, the annual sales of Korea Ginseng Corporation has grown 20% in 2016 with increased demand for red ginseng during the Middle East Respiratory Syndrome(MERS). The global health functional foods market size is projected to reach USD 155 billion this year, which is a 6.4% increase from the previous year. In addition, the Korean government has formed a functional food export support group to look for ways to expand export of health products with proven functionality, including ginseng and red ginseng, perilla leaves, and dangjo pepper.
4 Korea Agrafood