An Analysis of Manufacturers' Perceptions on the Certified Raw Materials of Health Functional Foods

Kyungsoo Nam

Journal of Rural Development/Nongchon-Gyeongje, 2019, vol. 42, issue 01

Abstract: The high level of regulation hinders the growth of the health functional food industry, although the consumers’ food choices shift from the emphasis on taste and nutrients to safety and health. This paper investigates how the companies that produce health functional food show different attitudes toward the regulations of health functional food. Most companies and related workers in the health functional food industry appear to be in favor of deregulation for the growth of the industry. However, it is analyzed that health functional food companies with a large number of individual raw materials oppose reducing the conversion period.

Keywords: Agricultural and Food Policy; Health Economics and Policy (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:330755

DOI: 10.22004/ag.econ.330755

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