South Korea: Food Processing Ingredients Annual
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Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order 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 concentrates, and many other products, such as flavors and coloring agents. In 2022, the food processing industry generated over 81 trillion Korean Won (approximately $63.3 billion) in sales.
