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South Korea Vegan Food Market Share, Size, Analysis, Growth, Forecast: By Product Type: Dairy Alternatives, Meat Substitutes, Egg Alternatives, Vegan Bakery, Confectionery, Plant-Based Snacks, Others; By Distribution Channels: Hypermarkets and Supermarkets, Others; Competitive Landscape; Industry Events and Developments; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 South Korea Vegan Food Market Analysis
8.1 Key Industry Highlights
8.2 South Korea Vegan Food Historical Market (2018-2023)
8.3 South Korea Vegan Food Market Forecast (2024-2032)
8.4 South Korea Vegan Food Market by Product Type
8.4.1 Dairy Alternatives
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Milk
8.4.1.3.2 Cheese
8.4.1.3.3 Yoghurt
8.4.1.3.4 Dessert
8.4.1.3.5 Others
8.4.2 Meat Substitutes
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Tofu
8.4.2.3.2 TVP
8.4.2.3.3 Seiten
8.4.2.3.4 Quorn
8.4.2.3.5 Others
8.4.3 Egg Alternatives
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Vegan Bakery
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Confectionery
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Plant-Based Snacks
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 South Korea Vegan Food Market by Distribution Channels
8.5.1 Hypermarkets and Supermarkets
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Convenience Stores
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Specialty Stores
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Online
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Market Structure
10.2 Company Profiles
10.2.1 CJ CheilJedang Corp.
10.2.1.1 Company Overview
10.2.1.2 Product Portfolio
10.2.1.3 Demographic Reach and Achievements
10.2.1.4 Certifications
10.2.2 Phyto Corporation
10.2.2.1 Company Overview
10.2.2.2 Product Portfolio
10.2.2.3 Demographic Reach and Achievements
10.2.2.4 Certifications
10.2.3 The PlantEat Inc
10.2.3.1 Company Overview
10.2.3.2 Product Portfolio
10.2.3.3 Demographic Reach and Achievements
10.2.3.4 Certifications
10.2.4 Zikooin Company
10.2.4.1 Company Overview
10.2.4.2 Product Portfolio
10.2.4.3 Demographic Reach and Achievements
10.2.4.4 Certifications
10.2.5 Others
11 Key Trends and Developments in the Market
List of Figures and Tables
1. South Korea Vegan Food Market: Key Industry Highlights, 2018 and 2032
2. South Korea Vegan Food Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. South Korea Vegan Food Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. South Korea Vegan Food Historical Market: Breakup by Distribution Channels (USD Million), 2018-2023
5. South Korea Vegan Food Market Forecast: Breakup by Distribution Channels (USD Million), 2024-2032
6. South Korea Vegan Food Market Structure
Key Questions Answered in the Report
The South Korea vegan market is projected to grow at a CAGR of 6% between 2024 and 2032.
The South Korea vegan food market is estimated to witness a healthy growth in the forecast period and is expected to reach USD 33.23 million by 2032.
Sustainable packaging, rising disposable income, celebrity influence, health benefits, and high demand for clean-labelled products are the major drivers.
Lactose intolerance among people and awareness regarding animal cruelty are the key trends in the South Korea vegan market.
The dominant type of vegan food in the industry are and Dairy alternatives, meat substitutes, egg alternatives, vegan bakery, confectionary, and plant-based snacks, among others.
The distribution channel segment is led by supermarkets/hypermarkets, convenience stores, specialty stores, and online stores, among others.
The major players in the industry are Phyto Corporation, The PlantEat Inc., Zikooin Company, and CJ Cheiljedang Corp., among others.
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