Meat substitute market size South Korea 2016-2026, by food type
In 2019, the market for plant-based meat alternatives of the meat ball type was valued at around 42.6 million U.S. dollars, and was forecast to grow to roughly 65.6 million dollars. While meat ball alternatives were the type in terms of largest market size, nugget-type meat substitutes were estimated to experience the largest Compound Annual Growth Rate (CAGR) between 2017 and 2026 of 16.6 percent.