In order to calculate the size of the processed food market, the following formula was applied: Market size = (Production value) - (Export value) + (Import value)
Processed food industry in this statistic may include processed food, health functional food, food additives and food packing business.
Ìý 1,000 South Korean won equals 0.68 U.S. dollars or 0.63 euros as of April 2025.
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Processed food market size in South Korea 2014-2023
In 2023, the processed food market size in South Korea amounted to almost *** trillion South Korean won, increased from about trillion in the previous year. The market size of processed food increased in recent years.
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MFDS (South Korea). (December 30, 2024). Size of the processed food market in South Korea from 2014 to 2023 (in trillion South Korean won) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 24, 2026, from /statistics/780672/south-korea-processed-food-market-size/
MFDS (South Korea). "Size of the processed food market in South Korea from 2014 to 2023 (in trillion South Korean won)." Chart. December 30, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 24, 2026. /statistics/780672/south-korea-processed-food-market-size/
MFDS (South Korea). (2024). Size of the processed food market in South Korea from 2014 to 2023 (in trillion South Korean won). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 24, 2026. /statistics/780672/south-korea-processed-food-market-size/
MFDS (South Korea). "Size of The Processed Food Market in South Korea from 2014 to 2023 (in Trillion South Korean Won)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Dec 2024, /statistics/780672/south-korea-processed-food-market-size/
MFDS (South Korea), Size of the processed food market in South Korea from 2014 to 2023 (in trillion South Korean won) ÌÇÐÄÆÆ½â°æ, /statistics/780672/south-korea-processed-food-market-size/ (last visited July 24, 2026)
Size of the processed food market in South Korea from 2014 to 2023 (in trillion South Korean won) [Graph], MFDS (South Korea), December 30, 2024. [Online]. Available: /statistics/780672/south-korea-processed-food-market-size/