South Korea Plant-Based Beverages Market to 2032
Overview
The South Korea Plant-Based Beverages Market is expected to reach a 653.41 USD Billion by 2032 and is projected to grow at a CAGR of 15.98% from 2025 to 2032.
Revenue, 2024 (USD Billion)
259.83
Forecast, 2032 (USD Billion)
653.41
CAGR, 2024 - 2032
15.98%
Report Coverage
South Korea
South Korea Plant-Based Beverages Market 2018-2032 USD Billion
South Korea Plant-Based Beverages Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 259.83 USD Billion
- Projected Market Size (2032): 653.41 USD Billion
- CAGR (2025-2032): 15.98%
Key Findings of South Korea Plant-Based Beverages Market
- The South Korea Plant-Based Beverages Market was valued at 259.83 USD Billion in 2024.
- The South Korea Plant-Based Beverages Market is likely to grow at a CAGR of 15.98% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Milk in Type Segment accounted for the largest share of the market with a revenue of 219.52 USD Billion
- The fastest growing segment Almond in Source Segment grew Fastest with a CAGR of 17.54% during the forecast period from 2024 to 2032.
South Korea Plant-Based Beverages Market Scope
South Korea Plant-Based Beverages Market Segmentation & Scope
Function
- Others
- Cancer Prevention
- Bone Health
- Cardiovascular Health
- Lactose Free Alternative
Source
- Others
- Rice
- Coconut
- Soy
- Almond
Type
- Others
- Milk
South Korea Plant-Based Beverages Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 259.83 USD Billion |
| Market Value in 2032 | 653.41 USD Billion |
| CAGR (2025-2032) | 15.98% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Function,Source,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 259.83 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 259.83 USD Billion in 2024.
Segments and Scope
-
South Korea Plant-Based Beverages Market to 2032, By Function
- Lactose Free Alternative is the largest segment in South Korea Plant-Based Beverages Market to 2032 with a revenue of 120.77 USD Billion in the year 2024.
- Lactose Free Alternative is the Fastest growing segment in South Korea Plant-Based Beverages Market to 2032 with a Growth rate of 17.12 % in forecast period 2025-2032.
-
South Korea Plant-Based Beverages Market to 2032, By Source
- Almond is the largest segment in South Korea Plant-Based Beverages Market to 2032 with a revenue of 112.22 USD Billion in the year 2024.
- Almond is the Fastest growing segment in South Korea Plant-Based Beverages Market to 2032 with a Growth rate of 17.54 % in forecast period 2025-2032.
-
South Korea Plant-Based Beverages Market to 2032, By Type
- Milk is the largest segment in South Korea Plant-Based Beverages Market to 2032 with a revenue of 219.52 USD Billion in the year 2024.
- Milk is the Fastest growing segment in South Korea Plant-Based Beverages Market to 2032 with a Growth rate of 16.34 % in forecast period 2025-2032.
South Korea Plant-Based Beverages Market Company Share Analysis
| Company Name |
|
||
| Danone | |||
| CSC BRANDS LP | |||
| Shanghai Want Want Food Group Co., Ltd. | |||
| Kikkoman Corporation | |||
| The Hain Celestial Group | |||
South Korea Plant-Based Beverages Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Plant-Based Beverages Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
South Korea Plant-Based Beverages Market was valued at USD 259.83(Revenue in USD Billion) in 2022.
South Korea Plant-Based Beverages Market is projected to grow at a CAGR of 15.98% during the forecast period of 2024 to 2032.
The Milk segment is expected to dominate the South Korea Plant-Based Beverages Market, holding a largest market share of 219.52 USD Billion in 2024
South Korea Plant-Based Beverages Market Scope
South Korea Plant-Based Beverages Market Segmentation & Scope
Function
- Others
- Cancer Prevention
- Bone Health
- Cardiovascular Health
- Lactose Free Alternative
Source
- Others
- Rice
- Coconut
- Soy
- Almond
Type
- Others
- Milk
Frequently Asked Questions
The South Korea Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
South Korea Plant-Based Beverages Market was valued at USD 259.83(Revenue in USD Billion) in 2022.
South Korea Plant-Based Beverages Market is projected to grow at a CAGR of 15.98% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Plant-Based Beverages Market for final year is USD 653.41 (USD Billion).
South Korea Plant-Based Beverages Market Company Profiling
Frequently Asked Questions
The South Korea Plant-Based Beverages Market is segmented based on Segmentation Function,Source,Type.
South Korea Plant-Based Beverages Market was valued at USD 259.83(Revenue in USD Billion) in 2022.
South Korea Plant-Based Beverages Market is projected to grow at a CAGR of 15.98% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Plant-Based Beverages Market for final year is USD 653.41 (USD Billion).
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