Expanding Opportunities: Korea’s Calcium Supplement Market Set to Grow at 11.3% CAGR to USD 279.4 Million by 2033

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In 2023, the calcium supplement industry in Korea was valued at approximately USD 96 million. Projections indicate that by 2033, this industry is expected to exceed USD 279.4 million, reflecting a compound annual growth rate (CAGR) of 11.3%. This growth is primarily driven by increasing demand for personal care products and dietary supplements, highlighting a trend towards health-related supplementation, including calcium supplements.

Growing health awareness and the widespread adoption of dietary supplements are fueling rapid and lucrative growth within the industry. The extensive presence of pharmaceutical manufacturing across the nation is also anticipated to bolster this expansion.

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As people become increasingly conscious of the detrimental effects of calcium deficiency on health, there is a rising trend towards consuming calcium supplements as part of nutritionally balanced diets recommended by nutritionists. This heightened awareness is driving up the demand for calcium supplements significantly.

Calcium supplements are increasingly favored as a convenient solution for maintaining optimal bone health. Their popularity is expected to rise in the coming years as individuals gain a deeper understanding of the science behind calcium’s role in supporting not only bone health but also the proper functioning of the heart, muscles, and nervous system.

Additionally, with the growing demand for cruelty-free products, people are shifting towards plant-based supplements over animal-derived proteins. Plant-based vitamins and minerals are often considered healthier and more easily absorbed by the body compared to synthetic alternatives.

Competitive Landscape

Leading 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 companies are strengthening their brand presence through effective marketing strategies aimed at enhancing customer loyalty. Simultaneously, they are enhancing manufacturing processes and optimizing supply chains to boost capacity and fulfill growing market demands.

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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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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