Korea Alternative Protein Market Size & Outlook, 2025-2033
Korea Alternative Protein Market Insights
- As per Deep Market Insights insights, the Korea Alternative Protein Market stood at USD 408.67 Million in 2024 and is anticipated to grow to USD 1114.17 Million by 2033.
- The Korea market is expected to advance at a CAGR of 11.76% from 2026 through 2033.
- In 2024, Plant Based Protein accounted for the highest share of the Protein Source market size.
- During the forecast period, Fermentation Derived Protein is set to register the highest growth, making it the most lucrative Protein Source segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Korea represented 1.11% of the overall global Alternative Protein Market size.
- United States is projected to lead the global Alternative Protein Market size by 2033.
- Across Asia Pacific, China is anticipated to hold the dominant position in market size by 2033.
- Australia is forecasted to expand at the fastest pace in Asia Pacific, attaining USD 1157.53 Million by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 408.67 Million |
| Market Size In 2033 | USD 1114.17 Million |
| Largest segment | Plant Based Protein |
| Units | Revenue in USD Million |
| CAGR | 11.76% (2025-2033) |
| Segmnetation Covered | |
| Protein Source |
|
| Application Area |
|
| Product Form |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Korea Alternative Protein Market Protein Source 2025-2033 (USD Million)
| Protein Source | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Plant Based Protein | XX.x | XX.x | XX.x | 185.58 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Fermentation Derived Protein | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Cell Based Protein | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Alternative Protein Market Application Area 2025-2033 (USD Million)
| Application Area | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Meat Alternatives | XX.x | XX.x | XX.x | 186.23 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Dairy Alternatives | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Ingredient Use | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Korea Alternative Protein Market Product Form 2025-2033 (USD Million)
| Product Form | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ready To Eat | XX.x | XX.x | XX.x | 188.93 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Powdered Ingredients | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Liquid Concentrates | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.