Why you should buy this report?

Asia-Pacific holds the title of a dominant market in the global probiotics industry, accounting for 43% of total sales in 2019, and is projected to register the fastest CAGR of about 9% to reach US$ 35.8 billion by 2026. Koreans are increasingly developing an interest in health; premium food markets are emerging which in turn is fuelling growth in the food industry. The probiotics industry can create a pool of probable business opportunities for manufacturers and distributors across the region, especially, in the dynamic South Korean market.

This report is a single point solution to study probiotics in South Korea. The objective of this report is to provide precise information on the Regulatory landscape of South Korea, to enable a Regulatory go-to-market strategy and ensure compliance.

Table of Contents

1. LIST OF ABBREVIATIONS
2. REGULATORY STATUS
   1. Governing Regulatory Body
   2. Relevant Laws and Regulations
3. PRODUCT DEFINITION
4. REGISTRATION REQUIREMENTS
   1. Company Registration
   2. Import Permit
   3. Product Registration
   4. Product Registration Process:
   5. Local agent requirements
5. INGREDIENTS (HFF2)
   1. Health Functional Code
   2. Permitted/Allowable Ingredients
   3. Restricted/Prohibited Ingredients
   4. New Ingredient Registration
6. LABELING REQUIREMENTS
   1. Key Function of Food Labeling System
   2. Food Equipment Categorization and Labeling System
   3. Foods for Allergen Labeling and Labeling Method
   4. Newly Established Substantiation of Claims in Labeling or Advertising of Foods (established, July 30, 2019)
   5. Nutrition Labeling for Processed foods
   6. Health Functional Food Labeling System
   7. Labeling of Functional Information:
7. ADVERTISING AND CLAIMS
   1. Claims
   2. Advertising
8. RECENT UPDATES ON PROBIOTICS
9. REFERENCES
10. ANNEXURES

Summary

• Product definition and governing laws in South Korea
• Information on product registration
• Precise information on documentation required, ingredients registration, allowed and prohibited ingredients, recent updates on probiotics
• Regulations applicable on labeling, claims and advertising
• Information on import regulations, and the requirement/qualification of a legal representative