The most purchased health supplement by foreigners visiting Korea, "JungKwanJang," is now available at Sprouts Farmers Market
The most purchased health supplement by foreigners visiting Korea, "JungKwanJang," is now available at Sprouts Farmers Market
PR Newswire
CERRITOS, Calif., July 23, 2024
CERRITOS, Calif., July 23, 2024 /PRNewswire/ -- Customers can now find Korea's representative health supplement brand "JungKwanJang" at the premium market "Sprouts Farmers Market."
JungKwanJang Red Ginseng boasts superior quality and technology, made with safe ingredients that meet the latest health food trends such as non-GMO and gluten-free. Analyzing health needs by country and developing tailored products, it is the first Korean health supplement company to enter Sprouts. Various promotional and tasting events have been ongoing since July, starting in Southern California and expanding to all stores across the US.
The products available include "Everytime 2000mg," "Everytime Powerful Deer Antler," and "Everytime Energy Boost," under the concept of "Rev Your Energy Flow." These are the main products designed to suit American tastes, including "Hong Sam Jeong Everytime," which hit $1 billion in cumulative sales in Korea within eight years of its release.
"Everytime" by JungKwanJang is the most purchased health supplement by foreigners visiting Korea, consistently ranking in the top five in sales at Incheon Airport Duty-Free shops including No. 1 in single-item sales.
"Everytime" is a product specialized in improving blood circulation and fatigue recovery for energy boosting and smooth metabolism[1]. It offers a milder taste of red ginseng and is easy and convenient to enjoy in liquid form.
JungKwanJang Red Ginseng is officially recognized by the Korean Food and Drug Administration for its functionalities in improving blood circulation, reducing fatigue, enhancing immunity, improving memory, and providing antioxidants[1].
JungKwanJang has previously entered Costco and Amazon. "HongSamWon," available at Costco, is a caffeine-free red ginseng functional drink that has received positive responses from consumers, while products like "Everytime 2000mg" have garnered positive reviews on Amazon.
JungKwanJang is conducting scientific research on the efficacy and safety of key materials like red ginseng with a local research team at its R&D center near Fullerton, LA. Leveraging its R&D capabilities, the company is focused on discovering new functional ingredients and health materials.
Additionally, JungKwanJang has ranked first in the global ginseng retail market for ten consecutive years according to Euromonitor, and last year, it held a 46% market share in the global ginseng retail market.
[1] https://www.sciencedirect.com/science/article/pii/S1226845317303457
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-most-purchased-health-supplement-by-foreigners-visiting-korea-jungkwanjang-is-now-available-at-sprouts-farmers-market-302203556.html
SOURCE JungKwanJang
-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks