In 2020 the soy-based meat alternative market in South Korea was worth around 10.8 million South Korean won. It was further projected to increase to around 14.4 million U.S. dollars by 2025. Figures have gradually increased on a yearly basis since 2016.
Meat alternative market share of soy-based products in South Korea from 2016 to 2025
(in million U.S. dollars)
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Korea Agro-Fisheries & Food Trade Corp., & MAFRA (South Korea). (February 18, 2022). Meat alternative market share of soy-based products in South Korea from 2016 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/
Korea Agro-Fisheries & Food Trade Corp., und MAFRA (South Korea). "Meat alternative market share of soy-based products in South Korea from 2016 to 2025 (in million U.S. dollars)." Chart. February 18, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/
Korea Agro-Fisheries & Food Trade Corp., MAFRA (South Korea). (2022). Meat alternative market share of soy-based products in South Korea from 2016 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/
Korea Agro-Fisheries & Food Trade Corp., and MAFRA (South Korea). "Meat Alternative Market Share of Soy-based Products in South Korea from 2016 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 18 Feb 2022, https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/
Korea Agro-Fisheries & Food Trade Corp. & MAFRA (South Korea), Meat alternative market share of soy-based products in South Korea from 2016 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/ (last visited December 22, 2024)
Meat alternative market share of soy-based products in South Korea from 2016 to 2025 (in million U.S. dollars) [Graph], Korea Agro-Fisheries & Food Trade Corp., & MAFRA (South Korea), February 18, 2022. [Online]. Available: https://www.statista.com/statistics/1294998/south-korea-meat-substitute-market-share-soy-based-products/