In 2019, the market for plant-based meat alternatives of the meat ball type was valued at around 42.6 million U.S. dollars, and was forecast to grow to roughly 65.6 million dollars. While meat ball alternatives were the type in terms of largest market size, nugget-type meat substitutes were estimated to experience the largest Compound Annual Growth Rate (CAGR) between 2017 and 2026 of 16.6 percent.
Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026
(in million U.S. dollars)
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KREI. (July 3, 2020). Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 09, 2025, from https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/
KREI. "Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026 (in million U.S. dollars)." Chart. July 3, 2020. Statista. Accessed January 09, 2025. https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/
KREI. (2020). Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 09, 2025. https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/
KREI. "Size of The Meat Alternative Market in South Korea from 2016 to 2019, with Forecasts until 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 3 Jul 2020, https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/
KREI, Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/ (last visited January 09, 2025)
Size of the meat alternative market in South Korea from 2016 to 2019, with forecasts until 2026 (in million U.S. dollars) [Graph], KREI, July 3, 2020. [Online]. Available: https://www.statista.com/statistics/1361168/south-korea-meat-alternative-market-size-by-type/