South Korea Fruits and Vegetables Market Growth and Forecast till...

South Korea Fruits and Vegetables Market Growth and Forecast till 2033: SPER Market Research

Postado 2024-07-18 09:09:10

Usually, fruits are developed from a plant's blooms, and it is the sweet, meaty sections that we consume. They are available in a spectrum of colors and are full of fiber, vitamins, and minerals. From delicious oranges to vivid berries, they have it all. Conversely, a broader range of edible plant parts are included in the category of vegetables. Carrots' rich orange color is due to beta-carotene, which gives leafy greens like spinach a distinct mix of nutrients. Beets and potatoes are two examples of roots that are incredibly rich in vitamins and minerals. Notwithstanding their distinctions, fruits and vegetables are essential components of a well-rounded diet and provide a delightful means of providing our bodies with the necessary nutrients.

According to SPER Market Research, ‘South Korea Fruits and Vegetables Market Size- By Product, By Distribution Channel, By Application, - Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the South Korea Fruits and Vegetables Market is estimated to reach USD 23.99 billion by 2033 with a CAGR of 7.61%.

An increasing number of people are seeking wholesome, natural foods like fruits and vegetables as a result of greater awareness of health and wellness. The demand for fresh, organic, and unprocessed products is growing, which is propelling the expansion of the fruits and vegetables industry. Convenient and easily accessible food options are in more demand as the world's population continues to rise, especially in urban areas. Since they are vital parts of a balanced diet, fruits and vegetables are consumed in greater quantities as a result of this demographic change. Technological developments in fruit and vegetable processing and packaging have increased shelf life, decreased waste, and increased customer accessibility.

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Consuming food tainted with pathogens, bacteria, viruses, parasites, toxins, or other materials can result in foodborne illness, also referred to as food damage. Fresh veggies have many health benefits, but eating them raw can occasionally lead to food illness from germs. Eating tainted food increases the risk of illness or the development of major diseases. When these contaminants infiltrate the supply chain via different channels, food becomes hazardous to consume. Additional methods of contamination include direct contact with cattle, wildlife, or birds; the use of organic waste and excrement as fertilizer on agricultural land; and post-harvest issues such as worker hygiene.

The fruit and vegetable market in South Korea was affected by COVID-19 in two ways. Due to social alienation, sales at certain traditional stores decreased, but sales online increased dramatically. Due to labor shortages and constraints, the pandemic also caused supply chain disruptions, but overall trade remained constant. This demonstrated the value of food shopping online and the tenacity of South Korea's agricultural imports.

South Korea Fruits and Vegetables Market Key Players:

Gyeonggi followed by the Seoul due to its large consumer base and efficient logistics holds the largest share in the South Korea Fruits and Vegetables Market. Major players in the market are Chung Jung Won Co., Ltd., CJ Freshway Corporation, Daesang FNF Co., Ltd., Hanwha Fresh Co., Ltd., Joy Farm Co., Ltd., Korea Yakult Co., Ltd., Lotte Fresh Farm Co., Ltd., NongHyup Agribusiness Group, Oriental Trading Co., Ltd., Sempio Foods Company, Others.

Our in-depth analysis of the South Korea Fruits and Vegetables Market includes the following segments:

By Product: