1、 Required Report:Required-Public Distribution Date:May 27,2026 Report Number:KS2026-0013 Report Name:Food Processing Ingredients Annual Country:Korea-Republic of Post:Seoul ATO Report Category:Food Processing Ingredients Prepared By:Hye rim Chun Approved By:Lisa Allen Report Highlights:The Korean fo
2、od processing industry relies heavily on imports to manufacture a wide variety of food and beverage products.Given this demand,there is ample opportunity for imported agricultural products for processing use including bulk commodities such as wheat,intermediate ingredients such as fruit juice concen
3、trates,and many other products,such as flavors and coloring agents.In 2024,the food processing industry generated over 111.9 trillion Korean Won(approximately$82.1 billion)in sales.Executive Summary The Republic of Korea(ROK)had the 13th largest economy in the world with a GDP of$1.87 trillion and a
4、 per capita GNI of$36,855 in 2025.It is about the size of Indiana,with a population of 51.7 million.Over 80 percent of Koreans live in urban areas.Domestic production meets only 46 percent of food demand.The United States exported$10.2 billion in agricultural and related products to the ROK in 2025,
5、making it our fifth largest country export market.The United States supplies around 23 percent of the ROKs agricultural imports.Consumer-Oriented Agricultural Imports In 2025,the ROK imported consumer-oriented agricultural products totaling around$21 billion.There are many opportunities for U.S.expo
6、rt growth in this segment,including for beef,pork,fruits,tree nuts,dairy products,confectioneries,beverages,and further prepared foods.Chart 1:Top Exporting Countries to the Republic of Korea Food Retail Industry Korean retail food sales totaled$130 billion in 2025,accounting for 32 percent of total