IMARC Group has recently released a new research study titled “South Korea Vegan Food Market Size, Share, Trends and Forecast by Product, Source, Distribution Channel, and Region, 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

South Korea Vegan Food Market Overview

The South Korea Vegan Food Market size reached a size of USD 379.83 Million in 2024. It is expected to grow to USD 801.42 Million by 2033, registering a CAGR of 8.65% during 2025-2033. This growth is fueled by innovations in plant-based products, advancements in food technology for enhanced flavor and convenience, and strategic partnerships that improve distribution and market accessibility.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

South Korea Vegan Food Market Key Takeaways

• Current Market Size: USD 379.83 Million in 2024
• CAGR: 8.65% during 2025-2033
• Forecast Period: 2025-2033
• Innovation in vegan product offerings includes plant-based meats resembling beef, chicken, and pork, as well as dairy and vegan-friendly snacks.
• Food technology advances are refining vegan options to appeal to diverse consumer tastes.
• Strategic partnerships with F&B leaders enable broader product availability nationwide.
• Investments in high-moisture plant-based meat technology improve product realism and appeal.
• Collaborations like SUJIS LINK and Samyang Foods' ₩3 billion investment exemplify market expansion efforts.

Sample Request Link: https://www.imarcgroup.com/south-korea-vegan-food-market/requestsample

Market Growth Factors

Innovation in Vegan Product Offerings drives growth in South Korea's vegan food market. Food companies are responding to rising consumer demand by developing various plant-based alternatives that mimic traditional animal-based products, including meats that resemble beef, chicken, and pork, dairy substitutes, and numerous vegan snacks. Advances in food technology are enhancing these products' flavor and convenience, making it easier for consumers to maintain a vegan lifestyle without sacrificing taste. For instance, the 2025 vegan burger pop-up by Hwaeomsa Temple in Seoul attracted over 5,000 attendees, showcasing innovative plant-based dishes like the "Paradise Burger" and reflecting how vegan cuisine is being integrated into traditional Korean food culture.

Strategic Partnerships and Investments in Plant-Based Technology play a crucial role in market expansion. Businesses increasingly collaborate with major food and beverage players to accelerate product development and distribution. Such alliances help innovative startups gain access to extensive distribution channels nationwide. A notable example is the August 2024 investment of ₩3 billion (USD 2.5M) by Samyang Foods into SUJIS LINK to scale high-moisture plant-based meat technology, aiming to launch new vegan Korean food products. These partnerships are essential to support growing consumer interest in plant-based diets and ensure the expansion of production and supply chains.

Expansion of Market Accessibility through Collaborations further accelerates growth. By joining forces with well-known brands possessing strong distribution networks, vegan food companies enhance product availability in retail and foodservice channels across South Korea. This strategy has made vegan options more convenient and accessible to a broader audience, addressing the rising demand for sustainable, ethical, and health-focused diets. Investments in food technology and collaborative ventures continue to drive the market towards mainstream acceptance and wider consumer adoption.

Market Segmentation

Product Insights

• Dairy Alternatives
• Cheese
• Dessert
• Snacks
• Others
• Meat Substitutes
• Tofu
• TVP
• Seiten
• Quorn
• Others
• Others

Source Insights

• Almond
• Soy
• Oats
• Wheat
• Others

Distribution Channel Insights

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

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Regional Insights

• Seoul Capital Area
• Yeongnam (Southeastern Region)
• Honam (Southwestern Region)
• Hoseo (Central Region)
• Others

Recent Developments & News

• In July 2025, Korea Vegan Fair 2025 is scheduled to take place from July 18–20 at COEX in Seoul, showcasing vegan food, fashion, beauty, and sustainability products with seminars and workshops.
• In March 2024, South Korea announced a nine-day vegan food tour from September 20–28 led by Green Earth Travel visiting Seoul, Busan, and Jeju, highlighting plant-based Korean cuisine and the rising vegan movement.

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