Pea Protein Market Size and Share Forecast in South Korea (2023 to 2033)

Adoption of pea protein in South Korea is to exhibit a compound annual growth rate of 12.1% through 2033. The pea protein industry in South Korea is poised to witness significant opportunities with a USD 87.0 million valuation in 2023.

The adoption of vegetarian and vegan diets is increasing in South Korea. Pea protein, as a plant-based protein source, aligns with the dietary preferences of these consumer groups.

South Korea has a growing demand for clean-label and natural food products. Pea protein is minimally processed and perceived as a clean and natural source. By 2033, pea protein adoption in South Korea will likely secure USD 271.0 million.

Key Insights - Highlights to Understand Emerging and Fast-Growing Opportunities

  • The South Korean government is supporting the development of the plant-based protein industry, including pea protein production, through various initiatives and funding programs.
  • Collaboration between food manufacturers, research institutions, and pea protein producers is leading to innovation in product development and improved product quality.
  • South Korean companies producing pea protein can explore export opportunities to meet the growing global demand for plant-based proteins.
  • Effective product labeling and marketing strategies highlighting the benefits of pea protein, such as its nutritional content and sustainability, can attract more consumers.
Attributes Details
Industry Size USD 87.0 million
Expected Industry Size in 2033 USD 271.0 million
Forecasted CAGR from 2023 to 2033 12.1%

Key Trends Driving Demand for Pea Protein in South Korea

  • The sports and fitness industry in South Korea is witnessing significant growth. Pea protein is used in sports nutrition products as it provides a high quality source of protein.
  • Food and beverage manufacturers are fortifying their products with protein to meet consumer demands. Pea protein is used to enhance the protein content of various food items, including snacks, beverages, and baked goods.
  • The trend toward clean meat and plant based meat alternatives is on the rise. Pea protein is used in meat substitutes, including burgers, sausages, and nuggets.
  • Pea protein is considered an environmentally friendly protein source, as it requires less water and has a lower carbon footprint compared to animal based proteins. Sustainability considerations drive its adoption.

Pea Protein Industry Analysis by Top Investment Segments in South Korea

Protein Isolates Segment to Fuel the Growth in South Korea

The high protein content of isolates makes them suitable for use in sports nutrition products. Athletes and fitness enthusiasts often seek protein isolates for muscle recovery and growth, contributing to segmental growth.

Pea Protein in South Korea based on Product Type Protein Isolates
Share in % in 2033 45.1%

Based on product type, the protein isolates segment is expected to account for a share of 45.1% in 2033. Pea protein isolates are considered hypoallergenic, making them suitable for individuals with food allergies or sensitivities.

Pea protein isolates are minimally processed and are perceived as clean-label ingredients. Isolates are increasingly used in various food and beverage applications, as consumer preferences for natural and clean label products grow.

Protein isolates have a neutral flavor profile and can be incorporated into a wide range of food products, including dairy alternatives, meat alternatives, snacks, and baked goods. South Korean consumers are increasingly focused on health and wellness, driving the demand for protein-rich products. Pea protein isolates cater to these trends.

The growth of plant-based and clean meat alternatives is boosting the use of pea protein isolates. They provide the right texture and protein content for meat analogs. The isolates are essential in the formulation of dairy-free and vegan products, such as plant-based milk, yogurt, and ice cream, which are gaining popularity.

Dry Processing Segment Splashes Reach High as Compared to Other Processing Types

Pea Protein in South Korea based on Processing Dry Processing
Share in % in 2033 67.7%

Based on processing, the dry processing segment is expected to account for a share of 67.7% in 2033. Dry processing methods are highly effective in concentrating pea protein, resulting in powders with a high protein content. The methods are in high demand among consumers seeking protein-rich dietary options.

Dry processing helps in reducing the moisture content in pea protein, extending its shelf life and enhancing product stability. Pea protein produced through dry processing typically has a neutral flavor profile, allowing it to be incorporated into a wide range of food products without significantly altering taste.

Dry processed pea protein powders are known for their good solubility, making them suitable for use in a variety of applications, including beverages, protein shakes, and dietary supplements. Dry processing helps in achieving a high level of purity in pea protein products, reducing the presence of unwanted compounds and allergens.

Dry processed pea protein powders are versatile ingredients in various food and beverage applications, such as dairy alternatives, meat analogs, snacks, and baked goods. The growth of plant-based and clean meat alternatives is boosting the use of dry processed pea protein. It provides the right texture and protein content for meat analogs.

Analysis of Top Provinces Producing and Consuming Pea Protein in South Korea

Government Incentives to Boost the Industry in the South Gyeongsang

South Gyeongsang boasts significant agricultural potential with favorable climate conditions. The cultivation of peas, a key source of pea protein, can be supported by these conditions, potentially leading to increased local production.

Government incentives and policies that promote sustainable agriculture and plant based food production can encourage local farmers to grow peas for protein extraction. Increasing consumer awareness about the health and environmental benefits of plant based proteins can drive demand for pea protein products.

The food and beverage industry in the region can benefit from incorporating locally sourced pea protein into their products, appealing to consumers who prefer products with local ingredients. South Korean consumers are becoming more eco conscious. Locally produced pea protein with a lower carbon footprint can align with sustainability trends.

Partnering with local universities and research institutions can foster innovation in pea protein production and its application in food products. Educational initiatives and campaigns promoting plant based diets can boost the demand for pea protein as an essential ingredient in various plant based foods.

Local Food Industry in North Jeolla to Enhance the Pea Protein Landscape

The food and beverage industry in North Jeolla can benefit from incorporating locally sourced pea protein into their products, appealing to consumers who prefer foods made with local ingredients. Growing awareness of the health benefits of plant-based proteins can drive consumer demand for pea protein products as a healthier alternative.

The potential of the province to produce locally sourced pea protein with a lower environmental footprint can align with consumer sustainability trends, especially as environmental concerns gain significance.

Promoting plant-based diets and the benefits of pea protein through educational initiatives can increase consumer demand in the region. Government and industry support for local start-ups and small to medium-sized enterprises (SMEs) can encourage entrepreneurship in the pea protein sector.

Producing pea protein locally for local consumption can reduce transportation costs and carbon emissions, aligning with sustainability goals. Incorporating pea protein into a variety of food products, such as snacks, beverages, and meat alternatives, can expand the range of offerings and cater to diverse consumer preferences.

Favorable Climate Conditions in Jeju to Accelerate the Ecosystem

The temperate climate and rich volcanic soil in Jeju can support the cultivation of peas, a primary source of pea protein. Local pea farming can increase the availability of raw materials for pea protein production. The tourism industry attracts health-conscious tourists in Jeju.

Local food and beverage businesses can leverage this by offering products enriched with pea protein, catering to health-conscious tourists. Producing pea protein locally can align with Jeju's focus on self-sufficiency and environmental sustainability.

The demand for health-focused foods, including those incorporating pea protein, can rise as Jeju becomes a hub for health and wellness tourism. The island's proximity to international industries and access to ports can facilitate the export of pea protein products to other regions and countries.

A competitive environment can stimulate innovation and quality improvement, making pea protein products more attractive and affordable to consumers. The food and beverage industry in the island can incorporate locally sourced pea protein into their products, promoting the use of locally grown ingredients and appealing to consumers who prefer such products.

Competitive Landscape and Market Positioning

The competitive landscape of the pea protein industry in South Korea is dynamic and evolving, driven by increasing consumer demand for plant-based protein products and sustainable food options. Several companies are actively participating in this industry, both domestic and international players. The industry is expected to remain competitive in the coming years as companies continue to innovate and develop new products.

Recent Developments Observed in South Korean Pea Protein Industry

  • In 2023, CJ CheilJedang announced the launch of its new pea protein product, CJ pea protein isolate. CJ pea protein isolate is a high purity pea protein isolate that is designed for use in a variety of applications, including food and beverage products, dietary supplements, and animal feed.
  • In 2023, LG Chem announced the expansion of its production capacity for pea protein at its plant in South Korea. The expansion is expected to meet the growing demand for pea protein in South Korea and other Asian countries.
  • In the same year, KGC Ginseng Corporation announced the launch of its new pea protein product, KGC pea protein concentrate. KGC pea protein concentrate is a high-protein pea protein concentrate designed for use in various food and beverage products.

Leading Companies Offering Pea Protein in South Korea

  • CJ CheilJedang
  • LG Chem
  • KGC Ginseng Corporation
  • Lotte Corporation
  • Samsung SDS
  • Daesang Corporation
  • Ingredion
  • Roquette
  • Emsland Group
  • Nutri-Pea
  • Shandong Jianyuan Foods
  • Shandong Huatai Food

Scope and Coverage of the South Korea Pea Protein Market Report

Attribute Details
Estimated Industry Size in 2023 USD 87.0 million
Projected Industry Size in 2033 USD 271.0 million
Anticipated CAGR from 2023 to 2033 12.1% CAGR
Historical Analysis of Demand for Pea Protein in South Korea 2018 to 2022
Demand Forecast for Pea Protein in South Korea 2023 to 2033
Report Coverage Industry Size, Industry Trends, Analysis of key factors influencing Pea Protein adoption in South Korea, Insights on Global Players and their Industry Strategy in South Korea, Ecosystem Analysis of South Korean Manufacturers
Key Provinces Analyzed while Studying Opportunities in Pea Protein in South Korea South Gyeongsang, North Jeolla, South Jeolla, Jeju
Key Companies Profiled CJ CheilJedang; LG Chem; KGC Ginseng Corporation; Lotte Corporation; Samsung SDS; Daesang Corporation; Ingredion; Roquette; Emsland Group; Nutri-Pea; Shandong Jianyuan Foods; Shandong Huatai Food

Top Segments Studied in the South Korea Pea Protein Industry Report

By Nature:

  • Organic
  • Conventional

By Product Type:

  • Protein Concentrates
  • Protein Isolates
  • Textured Protein
  • Hydrolyzed Protein

By Processing:

  • Dry Processing
  • Wet Processing

By End Use:

  • Food Processing
    • Meat Alternatives
    • Bakery Products
    • Confectionery
    • Snacks and Cereals
    • Meat-Based Products
    • Functional Beverages
    • Others
  • Animal Feed
    • Livestock
      • Cattle
      • Swine
      • Poultry
    • Pet Food
    • Aquafeed
  • Nutraceuticals
  • Sports Nutrition
  • Infant Nutrition
  • Cosmetic and Personal Care

By Province:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Background
  • 4. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
    • 5.1. Protein Concentrates
    • 5.2. Protein Isolates
    • 5.3. Textured Protein
    • 5.4. Hydrolyzed Protein
  • 6. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature
    • 6.1. Organic
    • 6.2. Conventional
  • 7. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Processing
    • 7.1. Dry Processing
    • 7.2. Wet Processing
  • 8. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
    • 8.1. Food Processing
      • 8.1.1. Meat Alternatives
      • 8.1.2. Bakery Products
      • 8.1.3. Confectionery
      • 8.1.4. Snacks & Cereals
      • 8.1.5. Meat-Based Products
      • 8.1.6. Functional Beverages
      • 8.1.7. Others
    • 8.2. Animal Feed
      • 8.2.1. Cattle
      • 8.2.2. Swine
      • 8.2.3. Poultry
      • 8.2.4. Pet Food
      • 8.2.5. Aquafeed
    • 8.3. Nutraceuticals
    • 8.4. Sports Nutrition
    • 8.5. Infant Nutrition
    • 8.6. Cosmetic and Personal Care
  • 9. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 9.1. South Gyeongsang
    • 9.2. North Jeolla
    • 9.3. South Jeolla
    • 9.4. Jeju
    • 9.5. Rest of Korea
  • 10. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 11. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 12. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 13. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 14. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
  • 15. Market Structure Analysis
  • 16. Competition Analysis
    • 16.1. KWANGIL Co., Ltd
    • 16.2. Golden Grain Group Limited
    • 16.3. Glanbia Plc
    • 16.4. Sotexpro SA
    • 16.5. Ingredion, Inc.
    • 16.6. Axiom Foods, Inc.
    • 16.7. Fenchem Inc.
    • 16.8. Martin & Pleasance
    • 16.9. The Green Labs LLC
    • 16.10. Cargill, Incorporated
    • 16.11. Ingredion Incorporated
    • 16.12. Koninklijke DSM N.V.
    • 16.13. Archer Daniels Midland Company
  • 17. Assumptions & Acronyms Used
  • 18. Research Methodology

List of Tables

Table 1: Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Region, 2018 to 2033

Table 2: Korea Industry Analysis and Outlook Volume (MT) Forecast by Region, 2018 to 2033

Table 3: Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 4: Korea Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 5: Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 6: Korea Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 7: Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 8: Korea Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 9: Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 10: Korea Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

Table 11: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 12: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 13: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 14: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 15: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 16: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 17: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 18: South Gyeongsang Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

Table 19: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 20: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 21: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 22: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 23: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 24: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 25: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 26: North Jeolla Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

Table 27: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 28: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 29: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 30: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 31: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 32: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 33: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 34: South Jeolla Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

Table 35: Jeju Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 36: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 37: Jeju Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 38: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 39: Jeju Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 40: Jeju Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 41: Jeju Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 42: Jeju Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

Table 43: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Product Type, 2018 to 2033

Table 44: Rest of Korea Industry Analysis and Outlook Volume (MT) Forecast by Product Type, 2018 to 2033

Table 45: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Nature, 2018 to 2033

Table 46: Rest of Korea Industry Analysis and Outlook Volume (MT) Forecast by Nature, 2018 to 2033

Table 47: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by Processing, 2018 to 2033

Table 48: Rest of Korea Industry Analysis and Outlook Volume (MT) Forecast by Processing, 2018 to 2033

Table 49: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Forecast by End Use, 2018 to 2033

Table 50: Rest of Korea Industry Analysis and Outlook Volume (MT) Forecast by End Use, 2018 to 2033

List of Figures

Figure 1: Korea Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 2: Korea Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 3: Korea Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 4: Korea Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 5: Korea Industry Analysis and Outlook Value (US$ Mn) by Region, 2023 to 2033

Figure 6: Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Region, 2018 to 2033

Figure 7: Korea Industry Analysis and Outlook Volume (MT) Analysis by Region, 2018 to 2033

Figure 8: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 9: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 10: Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 11: Korea Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 12: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 13: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 14: Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 15: Korea Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 16: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 17: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 18: Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 19: Korea Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 20: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 21: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 22: Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 23: Korea Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 24: Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 25: Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 26: Korea Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 27: Korea Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 28: Korea Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 29: Korea Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Figure 30: Korea Industry Analysis and Outlook Attractiveness by Region, 2023 to 2033

Figure 31: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 32: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 33: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 34: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 35: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 36: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 37: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 38: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 39: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 40: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 41: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 42: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 43: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 44: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 45: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 46: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 47: South Gyeongsang Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 48: South Gyeongsang Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 49: South Gyeongsang Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 50: South Gyeongsang Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 51: South Gyeongsang Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 52: South Gyeongsang Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 53: South Gyeongsang Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 54: South Gyeongsang Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Figure 55: North Jeolla Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 56: North Jeolla Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 57: North Jeolla Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 58: North Jeolla Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 59: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 60: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 61: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 62: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 63: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 64: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 65: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 66: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 67: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 68: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 69: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 70: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 71: North Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 72: North Jeolla Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 73: North Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 74: North Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 75: North Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 76: North Jeolla Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 77: North Jeolla Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 78: North Jeolla Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Figure 79: South Jeolla Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 80: South Jeolla Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 81: South Jeolla Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 82: South Jeolla Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 83: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 84: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 85: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 86: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 87: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 88: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 89: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 90: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 91: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 92: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 93: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 94: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 95: South Jeolla Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 96: South Jeolla Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 97: South Jeolla Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 98: South Jeolla Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 99: South Jeolla Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 100: South Jeolla Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 101: South Jeolla Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 102: South Jeolla Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Figure 103: Jeju Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 104: Jeju Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 105: Jeju Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 106: Jeju Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 107: Jeju Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 108: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 109: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 110: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 111: Jeju Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 112: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 113: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 114: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 115: Jeju Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 116: Jeju Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 117: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 118: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 119: Jeju Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 120: Jeju Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 121: Jeju Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 122: Jeju Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 123: Jeju Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 124: Jeju Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 125: Jeju Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 126: Jeju Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Figure 127: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) by Product Type, 2023 to 2033

Figure 128: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) by Nature, 2023 to 2033

Figure 129: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) by Processing, 2023 to 2033

Figure 130: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) by End Use, 2023 to 2033

Figure 131: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Product Type, 2018 to 2033

Figure 132: Rest of Korea Industry Analysis and Outlook Volume (MT) Analysis by Product Type, 2018 to 2033

Figure 133: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Product Type, 2023 to 2033

Figure 134: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033

Figure 135: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Nature, 2018 to 2033

Figure 136: Rest of Korea Industry Analysis and Outlook Volume (MT) Analysis by Nature, 2018 to 2033

Figure 137: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Nature, 2023 to 2033

Figure 138: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Nature, 2023 to 2033

Figure 139: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by Processing, 2018 to 2033

Figure 140: Rest of Korea Industry Analysis and Outlook Volume (MT) Analysis by Processing, 2018 to 2033

Figure 141: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by Processing, 2023 to 2033

Figure 142: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by Processing, 2023 to 2033

Figure 143: Rest of Korea Industry Analysis and Outlook Value (US$ Mn) Analysis by End Use, 2018 to 2033

Figure 144: Rest of Korea Industry Analysis and Outlook Volume (MT) Analysis by End Use, 2018 to 2033

Figure 145: Rest of Korea Industry Analysis and Outlook Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 146: Rest of Korea Industry Analysis and Outlook Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 147: Rest of Korea Industry Analysis and Outlook Attractiveness by Product Type, 2023 to 2033

Figure 148: Rest of Korea Industry Analysis and Outlook Attractiveness by Nature, 2023 to 2033

Figure 149: Rest of Korea Industry Analysis and Outlook Attractiveness by Processing, 2023 to 2033

Figure 150: Rest of Korea Industry Analysis and Outlook Attractiveness by End Use, 2023 to 2033

Frequently Asked Questions

What is the current size of the Pea Protein Industry in South Korea?

The pea protein industry in South Korea is to be valued at USD 87.0 million by 2023.

At what Rate is the Pea Protein Ecosystem Growing in South Korea?

The anticipated CAGR through 2033 is 12.1%.

How big will be the demand for the Pea Protein Landscape in South Korea?

Demand for pea protein in South Korea is expected to reach USD 271.0 million by 2033.

Which is the Preferred Product Type for Pea Protein industry in South Korea?

Protein isolates segment is expected to dominate the demand for pea protein.

Which Processing Type Contributes Significantly?

Dry processing segment to remain a key contributor in the South Korean pea protein ecosystem.

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