IMARC Group has recently released a new research study titled “South Korea Plant-Based Food Market Size, Share, Trends and Forecast by Type, Source, Distribution Channel, and Region, 2026-2034”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
South Korea Plant-Based Food Market Overview
The South Korea plant-based food market size of USD 224.32 Million in 2025 and is expected to grow to USD 575.67 Million by 2034, exhibiting a CAGR of 11.04% during the forecast period 2026-2034. The expansion is driven by rising health awareness, the growth of vegan and flexitarian populations, and increased demand for sustainable food alternatives, supported by innovative products and wider retail availability.
Study Assumption Years
- Base Year: 2025
- Historical Year/Period: 2020-2025
- Forecast Year/Period: 2026-2034
South Korea Plant-Based Food Market Key Takeaways
- Current Market Size: USD 224.32 Million (2025)
- CAGR: 11.04% (2026-2034)
- Forecast Period: 2026-2034
- The market growth is propelled by increasing health awareness, fueling demand for plant-based proteins, dairy substitutes, and meat alternatives.
- Innovation in product offerings focuses on taste, texture, and nutritional benefits, attracting a wider consumer base.
- Retail and foodservice expansion is normalizing plant-based consumption with more shelf space and menu options.
- Strategic partnerships, such as between KoreaBio and the Good Food Institute Asia-Pacific, support sector research and policy development.
- The market encompasses segments by type, source, distribution channel, and region, projecting robust growth prospects.
Sample Request Link: https://www.imarcgroup.com/south-korea-plant-based-food-market/requestsample
