South Korea Vegan Protein Market to 2032
Overview
The South Korea Vegan Protein Market is expected to reach a 498.26 USD Million by 2032 and is projected to grow at a CAGR of 8.43% from 2025 to 2032.
Revenue, 2024 (USD Million)
282.73
Forecast, 2032 (USD Million)
498.26
CAGR, 2024 - 2032
8.43%
Report Coverage
South Korea
South Korea Vegan Protein Market 2018-2032 USD Million
South Korea Vegan Protein Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 282.73 USD Million
- Projected Market Size (2032): 498.26 USD Million
- CAGR (2025-2032): 8.43%
Key Findings of South Korea Vegan Protein Market
- The South Korea Vegan Protein Market was valued at 282.73 USD Million in 2024.
- The South Korea Vegan Protein Market is likely to grow at a CAGR of 8.43% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Dry in Form Segment accounted for the largest share of the market with a revenue of 223.88 USD Million
- The fastest growing segment Solubility in Function Segment grew Fastest with a CAGR of 9.37% during the forecast period from 2024 to 2032.
South Korea Vegan Protein Market Scope
South Korea Vegan Protein Market Segmentation & Scope
Application
- Others
- Pharmaceuticals
- Animal Feed
- Cosmetics and Personal Care
- Nutraceuticals and Dietary Supplements
- Beverages
- Food Products
Protein Type
- Hydrolysate
- Concentrates
- Isolates
Level of Hydrolisation
- Strongly Hydrolized
- Mildly Hydrolized
- Intact
Form
- Liquid
- Dry
Nature
- Organic
- Conventional
Source
- Pumpkin Seed
- Canola Protein
- Chia Protein
- Others
- Flaxseeds Protein
- Quinoa Protein
- Spirulina
- Hemp Protein
- Rice Protein
- Pea Protein
- Soy Protein
Function
- Others
- Foaming
- Water Binding
- Gelation
- Emulsification
- Solubility
South Korea Vegan Protein Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2023 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 282.73 USD Million |
| Market Value in 2032 | 498.26 USD Million |
| CAGR (2025-2032) | 8.43% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Protein Type,Level of Hydrolisation,Form,Nature,Source,Function |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 282.73 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 282.73 USD Million in 2024.
Segments and Scope
-
South Korea Vegan Protein Market to 2032, By Application
- Food Products is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 129.14 USD Million in the year 2024.
- Food Products is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.78 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Protein Type
- Isolates is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 165.89 USD Million in the year 2024.
- Isolates is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.71 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Level of Hydrolisation
- Intact is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 210.48 USD Million in the year 2024.
- Intact is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.52 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Form
- Dry is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 223.88 USD Million in the year 2024.
- Dry is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.48 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Nature
- Conventional is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 162.81 USD Million in the year 2024.
- Organic is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.29 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Source
- Soy Protein is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 106.98 USD Million in the year 2024.
- Rice Protein is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 8.47 % in forecast period 2025-2032.
-
South Korea Vegan Protein Market to 2032, By Function
- Solubility is the largest segment in South Korea Vegan Protein Market to 2032 with a revenue of 94.48 USD Million in the year 2024.
- Solubility is the Fastest growing segment in South Korea Vegan Protein Market to 2032 with a Growth rate of 9.37 % in forecast period 2025-2032.
South Korea Vegan Protein Market Company Share Analysis
| Company Name |
|
||
| Kerry Group plc. | |||
| Roquette Frères | |||
| Cargill, Incorporated | |||
| ADM | |||
| Wilmar International Ltd | |||
South Korea Vegan Protein Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Vegan Protein Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Vegan Protein Market is segmented based on Segmentation Application,Protein Type,Level of Hydrolisation,Form,Nature,Source,Function.
South Korea Vegan Protein Market was valued at USD 282.73(Revenue in USD Million) in 2023.
South Korea Vegan Protein Market is projected to grow at a CAGR of 8.43% during the forecast period of 2024 to 2032.
The Dry segment is expected to dominate the South Korea Vegan Protein Market, holding a largest market share of 223.88 USD Million in 2024
South Korea Vegan Protein Market Scope
South Korea Vegan Protein Market Segmentation & Scope
Application
- Others
- Pharmaceuticals
- Animal Feed
- Cosmetics and Personal Care
- Nutraceuticals and Dietary Supplements
- Beverages
- Food Products
Protein Type
- Hydrolysate
- Concentrates
- Isolates
Level of Hydrolisation
- Strongly Hydrolized
- Mildly Hydrolized
- Intact
Form
- Liquid
- Dry
Nature
- Organic
- Conventional
Source
- Pumpkin Seed
- Canola Protein
- Chia Protein
- Others
- Flaxseeds Protein
- Quinoa Protein
- Spirulina
- Hemp Protein
- Rice Protein
- Pea Protein
- Soy Protein
Function
- Others
- Foaming
- Water Binding
- Gelation
- Emulsification
- Solubility
Frequently Asked Questions
The South Korea Vegan Protein Market is segmented based on Segmentation Application,Protein Type,Level of Hydrolisation,Form,Nature,Source,Function.
South Korea Vegan Protein Market was valued at USD 282.73(Revenue in USD Million) in 2023.
South Korea Vegan Protein Market is projected to grow at a CAGR of 8.43% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Vegan Protein Market for final year is USD 498.26 (USD Million).
South Korea Vegan Protein Market Company Profiling
Frequently Asked Questions
The South Korea Vegan Protein Market is segmented based on Segmentation Application,Protein Type,Level of Hydrolisation,Form,Nature,Source,Function.
South Korea Vegan Protein Market was valued at USD 282.73(Revenue in USD Million) in 2023.
South Korea Vegan Protein Market is projected to grow at a CAGR of 8.43% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Vegan Protein Market for final year is USD 498.26 (USD Million).
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