The calcium supplement industry in Korea is projected to grow from USD 96 million in 2023 to over USD 279.4 million by 2033, demonstrating an 11.3% CAGR. Analysis indicates that increasing demand for personal care products and dietary supplements is driving the trend towards health-related supplementation, including calcium supplements.
Rising health awareness and the adoption of dietary supplements are fueling rapid and profitable growth in the industry. The widespread presence of pharmaceutical manufacturing in the country is also poised to bolster industry expansion.
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Calcium supplements are increasingly favored for promoting optimal bone health, expected to gain even greater prominence in the coming years as awareness grows regarding calcium’s essential role in supporting heart, muscle, and nerve functions.
As the demand for cruelty-free products rises, there’s a noticeable shift towards plant-based supplements over animal-based proteins. Additionally, plant-based vitamins and minerals are recognized for their superior health benefits and improved digestibility compared to synthetic alternatives.
The rise of eCommerce has opened new avenues for health supplement brands to broaden their reach and enhance their online visibility. Concurrently, there’s a growing emphasis on self-care and wellness, prompting many individuals to embrace supplementation as a means of maintaining stability amidst uncertainty.
Manufacturers are now concentrating more on innovation to offer tailored products and are actively exploring ways to recycle waste materials within the country.
Competitive Landscape
Companies such as Dong-A Pharmaceutical Co., Ltd., Youngpoong Pharma Corporation, Kyungdong Pharmaceutical Co., Ltd., and Green Cross Pharma Corporation have established robust positions in the industry. These manufacturers are building strong brand identities through effective marketing strategies to enhance customer loyalty. They are also refining manufacturing processes and optimizing supply chains to boost capacity and meet growing demand effectively.
Key Players Offering Calcium Supplement in Korea
- Dong-A Pharmaceutical Co., Ltd.
- Youngpoong Pharma Corporation
- Kyungdong Pharmaceutical Co., Ltd.
- Green Cross Pharma Corporation
- Samyang Holdings Co., Ltd.
- First Pharmaceutical Co., Ltd.
- JW Pharmaceutical Co., Ltd.
- Chunyang Pharmaceutical Co., Ltd.
- Hansong Pharmaceutical Co., Ltd.
- Ottogi Corporation
- GSK
- Pfizer
- Bayer
- Novartis
- Abbott
- Eisai
- Takeda
- Astellas
- AstraZeneca
- Sanofi
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Key Segments
By Form:
- Tablets
- Capsule
- Powder
- Soft Gel Pills
- Liquid
- Others
By End Use:
- Men
- Women
- Children
- Infants
By Type:
- Child calcium supplement
- Adult calcium supplement
By Application:
- Online
- Offline
By Province:
- South Gyeongsang
- North Jeolla
- South Jeolla
- Jeju
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