South Korea Vegan Snacks Market Size & Outlook, 2021-2030

The vegan snacks market in South Korea is expected to reach a projected revenue of US$ 885.0 million by 2030. A compound annual growth rate of 6.6% is expected of South Korea vegan snacks market from 2022 to 2030.

Revenue, 2021 (US$M)
$497.3
Forecast, 2030 (US$M)
$885.0
CAGR, 2022 - 2030
6.6%
Report Coverage
South Korea

South Korea vegan snacks market highlights

  • The South Korea vegan snacks market generated a revenue of USD 497.3 million in 2021 and is expected to reach USD 885.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 6.6% from 2022 to 2030.
  • In terms of segment, savory was the largest revenue generating product in 2021.
  • Confectionery is the most lucrative product segment registering the fastest growth during the forecast period.


Vegan snacks market data book summary

Market revenue in 2021USD 497.3 million
Market revenue in 2030USD 885.0 million
Growth rate6.6% (CAGR from 2021 to 2030)
Largest segmentSavory
Fastest growing segmentConfectionery
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNuts & Seeds, Bakery, Savory, Confectionery
Key market players worldwideDanone SA, Archer-Daniels Midland Co, Otsuka Pharmaceutical, Tofutti Brands Inc, SunOpta Inc, The Hain Celestial Group Inc, Amy's Kitchen, Eden Foods, Organic Valley, Primal Spirit Foods, Upton’s Natural, Green Agro Pack, AllPlants


Other key industry trends

  • In terms of revenue, South Korea accounted for 1.1% of the global vegan snacks market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China vegan snacks market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,574.9 million by 2030.

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Vegan Snacks Market Scope

Vegan snacks market segmentation & scope

Vegan Snacks Market Companies

Name Profile # Employees HQ Website

South Korea vegan snacks market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan snacks market will help companies and investors design strategic landscapes.


Savory was the largest segment with a revenue share of 53.79% in 2021. Horizon Databook has segmented the South Korea vegan snacks market based on nuts & seeds, bakery, savory, confectionery covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of South Korea vegan snacks market databook

  • Our clientele includes a mix of vegan snacks market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the South Korea vegan snacks market , including forecasts for subscribers. This country databook contains high-level insights into South Korea vegan snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea vegan snacks market size, by product, 2017-2030 (US$M)

South Korea Vegan Snacks Market Outlook Share, 2021 & 2030 (US$M)

South Korea vegan snacks market size, by product, 2017-2030 (US$M)

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