Food Industry in Korea
Korea’s food industry is individually composed of $ 12,9 million products, $ 2.72 million imports, and $ 0.76 million exports, with a total of $ 14.8 million Korean food markets. (Source from: Statistics of Food in 2016 published by Ministry of Food and Drug Safety in Korea)
This suggests that foods domestically produced and distributed are mainly dominated in the Korean food market with the processed foods being the largest part.
Processed food is the biggest food market even in the food imports/exports in Korea. The preference for consumers who are interested in health and well balanced diet, Functional food market is rapidly growing at an annual average rate of 9.75% over the past 5 years in Korea’s Food Industry.
The overseas crops such as wheat and soybeans are mainly depending on import. The food export market including agricultural products, fishery products, and livestock products is currently increasing with the fast growth rate.
Value of Membership
Members of ILSI Korea benefit from:
Global network and Collaboration Scientists who represent academy, governments, civil society organizations and industries from all over the world identify and settle the existing and emerging issues through ILSI Korea.
Integrated expertise and supporting research ILSI Korea provides scientific expertise and supports research to solve the important and new scientific problems.
Shared Mission and Value The trust of ILSI Korea that the participation of public and private stakeholders is essential to make a valuable improvement is shared by partners, collaborators and members.
The environment for specialized region The member of ILSI Korea can customized the research for the company by selecting and participating in regions and projects that are most relevant to their research area.