Australia & New Zealand Dried Fruits MARKET By Application
| Label | USD Million |
|---|---|
| 2018 | 754.321638478091 USD Million |
| 2019 | 792.815143515019 USD Million |
| 2020 | 748.328107722649 USD Million |
| 2021 | 781.375961060438 USD Million |
| 2022 | 819.303671545679 USD Million |
| 2023 | 866.093535265865 USD Million |
| 2024 | 921.447299649696 USD Million |
| 2025 | 986.070779929028 USD Million |
| 2026 | 1056.46523377638 USD Million |
| 2027 | 1137.48855970374 USD Million |
| 2028 | 1231.1413138657 USD Million |
| 2029 | 1330.05372442707 USD Million |
| 2030 | 1439.56236777082 USD Million |
| 2031 | 1553.78792719278 USD Million |
| 2032 | 1675.52987102752 USD Million |
Data Source: Wantstats Repository
Market Dynamics
In recent years, South Korea has seen an increasing demand for dietary supplements in the form of powders. Many South Korean consumers are looking for convenient forms of supplementation and powder form is becoming increasingly popular due to its convenience and versatility. The powder dietary supplements market in South Korea is expected to grow significantly in the coming years, as South Korean consumers become more health-conscious and aware of the potential health benefits associated with taking dietary supplements. South Koreans are increasingly turning to natural products and are looking for new ways to help improve their health and vitality. In addition, the rising popularity of plant-based diets in South Korea is likely to increase the demand for powder dietary supplements, as plant-based diets are typically low in some essential nutrients. As a result, the use of dietary supplements in the form of powders can help supplement these nutrients. Furthermore, the rising number of athletes in South Korea is likely to increase demand for powder dietary supplements, which are easy to use and provide an ideal form of supplement for those engaged in physical activity.
Moreover, the rising trend of new trends such as 'clean eating' and 'functional foods' is likely to further increase the use of powder dietary supplements in South Korea. Geographically, Seoul and other major cities in South Korea are expected to dominate the dietary supplements powder market, as these metropolitan areas tend to have more affluent populations who are more likely to purchase dietary supplements. In addition, the availability of high-quality and safe dietary supplements in South Korea is expected to further drive the growth of the powder dietary supplements market in South Korea. Overall, it is expected that the increasing demand for dietary supplements in the form of powders will fuel the growth of the powder dietary supplements market in South Korea, as South Koreans become increasingly conscious of their health and nutrition. References: 1. Cho, E., 2018. South Koreans Look to Dietary Supplements For Health and Wellness Answers. [online] Forbes. Available at: [Accessed 1 October 2020]. 2. Kim, Y., 2019. South Korea Dietary Supplements Market. [online] Markets Insider. Available at: [Accessed 1 October 2020]. 3. Oakdene Hollins, 2018. South Korea Dietary Supplements Market Outlook 2019. [online] IHIS. Available at: [Accessed 1 October 2020].
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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